The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-03-07
PLENTY Of SUPPORT
In Wheat, and May Closes
3-8al-2 Cent Up.
CORN HALF CENT BETTER
Oats an Eighth and Provisions
a Trife Improved.

Chicago, March s.-The prediction OF a
cold wave, a higher spot market at Liv-
erpool, frmness in northwestern markets
and talk of export business were sup
ports in a fairly active wheat market to-
day. May closing 9sq1ac over yesterday.
up. Provisions were dull, but closed a
tri1e improved.
When the day opened in the wheat pit
there was a bare prospect-nothfng Of in
fiuenoe either way-and accordingly May
wheat opened unchanged from yesterday
at 655sc. So dull was the situation that
the attempt of a discouraged long ito dis
pose of $4,000 bushels of wheat, which
went In the course Of an hour through
q score of small hands, sent the price
of May to 651sc. At this point the signal
service prediction of a cold wave and
the Liverpool advance in spot wheat
came as tonic which impaired firm
ness and moderate activity. hOrts, I'D
by ST. Louis interests and May rallied
to 66c. On profit-taking which met the
bulge 659sd&%4o was touched, but the
market rebounded, receiving further help
from a report OF good export inquiry
at New York, the firmness of the North
west and pessimistic view of crop con-
ditions in some sections. May rallied to
661sc and closed strong, ssQ1zc over yes
terday at 66Q561sc. Atlantic port clear
ances in wheat dn -four were equal TO
145. 900 bushels. New York reported FIVE
loads taken for export. Primary receipts
were $4,000 bushels, conparedwith $50, 900
bushels last year Minneapolis and Du-
luth reported 667 cars, against 592 last
week and sol year ago. Local receipts
were e6 cars, two Of contract grade.
The corn market was strong and mod
erately active. Country offerings were
very small and receipts light, and appar-
emily the recent attempt to break the
market had been abandoned, for the gain
shown IN opening figures found few sell
ers and shorts were disposed TO cover
Elevator interests were buyers and there
was fair demand from the country, in
which reports Of heavy cash business
done yesterday was a factor. Receipts
here were III cars. SO cars under the es-
innate. May ranged from 341@ to 35c, and
closed at the top 11c over yesterday.
The strength Of corn lent enough Of its
influence to the neglected oats market
20 include that very dull cereal towards
firmness. The only sign Of life in that
humble pit was a little improvement in
the shipping demand Local receipts
were 4S3 cars. 1SS cars over the estimate.
May ranged from 1850 to 2312c, and
closed &c over yesterday, at 2215c
The provisions trade experienced the
dullest day in a very duh fortnight, but
the declining tendency due to a weak hog
market and a poor demand was checked
by the strength of corn and the close
was steady. May pork closed 90 over
yesterday, at SO. 62119; May lard PIC UP,
at s.. s71a, and May ribs 212c improved, at
5.s21e.
Estimated receipts tomorrow: Wheat,
IS cars: corn, $50; oats. 140; hogs, 1900
head.
BRADSTREET'S VISIBLE
New York, March Especial cable and
Geographic dispatches to Bradstreet's in
dictate the following changes in available
supplies last week:
Wheat-United States and Canada, east
of the Rockies, increase 477,O0O bushels;
afioat for and in Europe increase 100000
bushels; total supplies, increase 3 977 900
bushels
Corl-United States and Canada, east
of the Rockies, increase 3123,o00 bushels
Oats-United States and Canada, east
of the Rockies, decrease Il. 900 bushels.
Among the more important Increases
reported to Bradstreets not given in the
official visible. supply are those of 125, COZ
bushels at Manitoba storage points and
Il 900 bushels at Portland, Maine The
principal decreases are those OF 500 900
bushels at Northwestern interior eleva-
tors and $500 bushels at Chicabo private
elevators The aggregate stock Of wheat
held at Portland. Ore, and Tacoma and
Seattle Wash, decreased 17S,000 bushels
last week