The Wichita daily eagle., 1901-06-21
Days GRAIN AARKET
Good Crop Prospect Was
Main Feature.
OATS WERE ATTRACTION
Corn Strong, With Small
Volume of Dealings,
OATS WERE ATTRACTION

Chicago. June 2o.-Runors Of a scarcity
Of wheat abroad. higher cables and good
crop prospects were the main features
in the wheat situation today, but the
strength impaired BY cables was more
than counter-balanced By the reports Of
the excellent condition OF the growing
crop and September delivery closed sc
lower. September corn closed unchang-
ed, September oats HaAo higher. while
provisions were unchanged to PC bet
ter. \ momentary hrmness prevailed IN
the wheat PIT at the opening, occasioned
BY reports Of a great scarcity Of wheat
in France, together with higher cables
Reports Of good prospects for a heavy
harvest, however. easily Offset these bull
features and caused q desire TO sell for
future deliveries. Holders OF July were
also anxious 10 nquicate and the conse-
quent decline II that month carried Sep
ternber down with 10. The trading was
largely professional and Of small volume
September oAened shade higher, az 6s7sc
but dropped tS6s!zc on moderate commits
sion house selling reacting on reports OF
damage in the southwest and the close
was sc lower. at 659so. Seabosrd reported
sixty boat loads taken for export, while
the clearances were equal TO So. .404 bush
els. Primary receipts were 457, ,552. against
$50 a year ago. Minneapolis and Du-
luth reported go cars, compared with 330
cars week ago ana 314 last year. Local
receipts were s6 cars, none OF which were
contract grade.
In the face Of the weakness
IN wheat. corn has shown decided
strength, but the volume OF trading was
small. Light receipts CT primary mar
kets continue TO be the principal bun In
husnce, giving encouragement 20 holders
even after taking into consid Grafton the
favorable growing weather and poor ship
ping demand. There were moderate offer
ings Of July by commission houses, but
the crowd seemed unwilling 70 take hold
September opened a shade lower, at 44asc
and soma early selling by few locals
carried prices stli lower 70 "a tf{412c. but
absorption on the part Of shippers soon
brought about a reaction and the close
vas unchanged az 445sG444c- There were
q hoax loads reported for export at sea-
board and cIearances we're 255,IE bush
els Primary receipts were S45, $50, against
SO. 80 a year ago. Local recei pts were
165 cars, only OF contract grade.
oats were the chief attraction today.
Commission hoUses were heavy buyers.
September opened a shade lower at 263s6
25sSc. Prices held remarkably steady
throughout the session, the lowest price
reached being 2s3sG2e1sc. The close was
strong ana ago higher, at 2s74 G2575c
Local receipts were 14s cars.
Provisions were dull and without any
features There was no great pressure
to sell, although an air OF weakness seem
ed to prevail during the early part Of the
session. Firnness fn corn doubtless IN
fuenced provisions, causing the strength
In the latter half OF tho day. September
pork opened 25s TO 5 cents higher, reaczed
20 Si4.s5, closed strong and PC higher at
$500. September lard opened q shode
higher at Ss.771h, reacted 70 Ss.72i5, but
advanced toward the close and final tig-
ures were unchanged at IS. .57QS 77i5- Ribs
opened also q shade higher At &:17l2 and
held fairly steady throughout the session,
the low point being Sis. closing at
Ss1Tik.
Estimated receipts tomorrow: Wheat
50 cars. and corn I55 cars; oats, 40 cans;
hogs, 2, 600 head.
GRAIN AND PRODUCE MARKETS.