The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-03-17
Days GRAIN MARKET
Corn and Oats Close Easy
and a Shade Higher
PROVISIONS SHOW GAIN
SeasonabIe Weather a BeariSh
Factor in Grain.

Chicago, March ls.-wheat was active
and strong today. adding 7-gc to its gain
of yesterday. Corn ana oats closed easy
a shade higher and provisions 5 a lie
lower to 10 higher Liverpool cables
came as distinct disappointment as
northwest receipts were liberal May
opened 8-8q1-2c lower at 76 IA to 7e 1-sc.
seasonable weather was a contributary
bearish factor, accounting for consider
able Of the outside selling early Buying
by ST. Louis interests through half a
dozen local houses checked the decline
and caused a quick rally TO 76 5-Sc.
Longs sold literally and this, together
with the pressure from bears, caused a
reaction to 76 l-4976 3-Sc during the first
hour. The ST. Louis buying continued
and as the cash demandwas reported
good and considerable apprehension was
felt over the serious tone of cables con
corning the difficulty between England
and Russia, the market turned bullish
Offerings were liberal al the way up to
nc, but at this figure and over the mar
/ ket became practically bare and May
shot rapidly UP 10 u 5-Sc. shorts trying
to cover and sold-out longs endeavering
to reinstate their lines sold earlier in the
day. The close was strong May 7-Sc
higher at Y 1-2c, making an advance of
&c since yesterday morning. Seaboard
clearances in wheat and -four were equal
to 436 900 bushels while primary receipts
were 63S000 bushels compared with 5S3.-
900 a year ago Local receipts We're IS
cars none Of contract grade. Dlinneapo-
lis and Duluth reported 4 cars against
338 last week and 544 the corresponding
day a year ago. Exporters reported y
loads taken
Corn was a fairly active market. The
opening was easier in sympathy with
wheat and easiness at Liverpool and on
the good weather and improved grading
of receipts. Today's arrival. 329 cars
containing "A cars Of contract grade.
Commission houses sold literally during
the first hour. but when the wheat
strength became a bull influence in corn
they came to its support in company
with the major-ey of professional trad
ers and the market finished the session
in a firm condition. July was in the best
demand and ruled a shade over May
4 AAE lcAtSA OkJt4L1A SO4NA jew cell II ~
Il 2-Sc and Al SIC. and closed a shade
higher at Al 5-sc.
Oats were moderately active but the
volume OF business was light In com
parison with the quantity handled in the
wheat and corn markets. The market
ruled easy early with other grains and
responded later to their strength. Stop
DISORDERS from shorts caused liberal
selling on lne advance but the close was
steady. May sold between % 1-Sc and
% 3-Sc and closed a shade up at % 1-4c.
Receipts were 1870 cars.
In the market for hog products the ac-
tvity was less marked than il has been
recently. The market ruled strong
early on light hog receipts, commission
houses buying. Later lard and ribs eased
under pressure from longs. out pork, al
though subjected to the same pressure,
held firm. May pork sold between $3.50
and Sl5.65 and closed 10c higher at $3.50,
May lard between S7.SG and $40, closing
5Q7 lie down at $40, and May ribs be-
tween S7.57 ID nd SIS, with the close
2 10 depressed at $7.7 II.
Estimated receipts Monoay: Wheat
20 cars; corn, 215 cars; oats. $50 cars;
hogs. $1,000 head.
GRAIN AND PRODUCE MARKETS. (