The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1900-10-23
WHEAT FILLS AWAY
Big Receipts, Visible Increase
and Outside Apathy.
DECEMBER AT IA 1-8a1-4
Coarse Grains Higher; Provis-
Ions Without Change.

| Chicago, Oct. 2--Liberal receipts and
an increase in the visible, together with
outside apathy, told against the price
of wheat today, despite the bullishness
Of early news, and December closed q
| @1zc under Saturday. Corn closed &c
and oats shade higher. Provisions
closed unchanged.
Dizziness brooded over the wheat pit
nearly the whole session. The interest
of outsiders was lacking and business
| was therefore left principally TO pit
traders. The market started out with
a good array Of bulllsh consideration 8.
but the response was very weak, De-
cember opening only &c higher at 74z4 c.
Liverpool was Nd higher; worlds ship
ments were only 7,4S4O 900 bushels, over a
million under Saturdays expectations;
the on-passage statement showed a de-
crease of 10000 bushels, according to
board of trade figures, and in the north
west there was rain, with the signal ser
vice predicting more of 1t. The market
fuctuated narrowly for hours, ecember
at one time touching 1850, but recov-
ering to 74ac. Near the end of the ses-
sion, influenced by the primary receipts,
1,557,000 bushels, compared with 1,1S3, 600
bushels last year, and the visible in
crease Of 1,335,000 bushels, as well as the
outside apathy, December, under selling
by discouraged longs and traders bear
ishly inclined by habit, dropped to 741s4
74Hc, at which the market closed, Sake
under Saturday. The cash trade was
rather slow, although New York claimed
A loads taken for export. Local receipts
were 344 cars, three of contract grad =
noIi1 TO,,I,, Oae
against 1,G73 last week and 1921 year
ago.
Corn was quiet but firm under a mod
crate general demand for futures and
good buying of cash by shippers Wet
weather was a factor used to advantage
by bulls, with higher cables and pros
poets of further unfavorable contributary
factors. December sold between $3.50
and 36c, closing Mc higher. at c5%c. Re-
ceipts were 653 cars. Shorts covered
rather freely.
In oats the pickering and dickering of
a small local interest served merely to
keep that market from oblivion by do
ing business enough to call for the oc
casional posting OF a quotation on the
bulletin board. The buying of 10000
bushels by one man who has been doing
that sort of thing lately was the only
feature. The crowd is inclined to stay
on the long side, which feeling was help
ed somewhat by the corn strength to-
day. December sod between 221k and 224
and closed shade up. at 221kG2714c. Re-
oeipts were 275 cars.
The provisions market was quiet and
firm early in sympathy with a strong
hog market, but eased later in sympa-
thy with the weakness. Packers sold
moderately during the forenoon to out
siders, but later an influential operator
was buyer Of November lard. January
pork sold between 81. Az and S11.4O and
closed unchanged at $1l 40; January lard
between Sc. 1905. 721k and s6.6715. closing
unchanged at si.6715, and January ribs
between s6.05 and $S.O21h, with the close
a shade lower at $6.021z.
Estimated receipts tomorrow: Wheat,
1856; corn, COO; oats, S75; hogs, 24,0o0 head.