The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-11-22
DIZZINESS N GRAINS
Low Prices Prevail as Out
come of Inactivity.
CEREALS CLOSE LOWER
Oats Ruled Strong Through
out Most of Session.

Chicago, Nov. 21.-Dullness prevailed in
grains today and Influenced low prices.
December wheat closed &c lower; De
cember corn 54Gasc down, and December
oats sc higher. Provisions closed ~
Q1oc to S71zc lower.
Pit conditions, with nothing important
in individual operations and a scarcity
Of outside business. ruled in wheat. De-
cember opened 1sa14c lower. at nc, on
the disappointing nature OF the early ca
bles. Receipts from the northwest were
reported as very liberal and prices sag
ged to 7%9717sc. Later there was some
bulllng on the dry weather situation in
the winter wheat country, and on reports
Of good business IN ST. Louis for the
southwestern account. December recov-
cred and touched 72isd7214c. The -four
situation at Minneapolis was good and
the late cables showed an improvement
over the opening, but heavy shipments
were reported arriving from Duluth and
without leaders in either direction the pit
turned dull and business was only a
scalping affair. At the close December
was showing an easy and almost weak
tone, &c lower. at 72Q72lsc. Local re-
ceipts We're 81 cars, Is Of contract grade /:
Minneapolis and Duluth reported S24 cars,
making total for the three points of SIS
cars, against S07 last week and only 40
a year ago. Primary receipts were 1,107,-
600 bushels, compared with $4,000 bush
els last year. Seaboard clearances in
wheat and -four equalled 514000 bushels
The seaboard reported Sc loads taken for
export
Corn was almost featureless, ruling on
small local trade. The closing showed
nervousness and an inclination TO follow
was evident. Sales such as there We're,
were small and had quick influence on
the quotations The crowd was not dis
posed TO take either side Of the bargain,
though the news was largely bullish
Kansas farmers still reported higher
prices there than here, and that prices
advanced even on breaks at this point.
December opened irregular, H0Ac lower
to shade higher on unresponsive cables
and never got above a shade over the
higher opening price. Offerings were
light, the sample market was fairly firm
for small lots. yet the dun trade brought
December to weak close. 1zQ9sc down
at Coo. Receipts were 119 cars.
Oats, though active only at times. ruled
strong almost throughout the session.
The cash situation was we'll maintained
and was the ruling factor There was
fair commission house demand and
StAllplA6 injuries were aneaQ OF the
supply. Country holders also were not
inclined to sell. Professional trading was
nothing important, however, as result
Of the sag in wheat, and corn inclined
TO follow toward the close. December,
which opened narrowly and closed firm,
at its top price, sc higher, at 4012c. Re
ceipts were 151 cars.
Provisions were quiet and sagged in
marked contrast with the demand of the
past few days. There was only a small
outside demand; the cash demand was
slower; the hog market lower, and pack
ers good sellers. The opinion prevails
that the advance in products cut of the
demand for consumption. January pork
opened Ice lower and closed 27l6c lower
at SIS. S2l5; January lard closed T1sd1Oc
down, at SS.S21s, and January ribs 71k9
lOc lower. at SIS.
Estimated Receipts for tomorrow:
Wheat, 60 cars; corn. $50 cars; oats, 10
cars; hogs, Sc, 200 head