The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-07-03
DAYS GRAIN MARKET
Wheat Market Had Weaken
ing Factor.
PROVISIONS WERE WEAK
September Grain Deliveries
Closed Higher.

Chicago, July s.-Disappointing cables
and excellent crop prospects were the
weakening factors in the wheat market
today but advices from France reporting
damage TO crops there. entirely overrame
the ELECTS OF these bear Influences. and
September closed vase higher. septem-
Der corn closed s see higher, and oats &c
higher. Provisions closed weak and 70
2-1zo lower. the latter loss being on Sep
TENDER pork
Wheat was weak early on continued de-
clines at Liverpool and On fine harvesting
weather and increasing movement. There
was q complete rally later, however. on
French news, Brocmhau reporting that
the crop IN France had been injured by
the heat ana storms; and private cables
announced France would require eighty
10 ninety million bushels OF wheat from
abroad Il was mostly a local market.
with shorts adding TO their lines early and
buying later on the reaction September
opened sc lower. 10 sc higher, az 659s q
SIC Between these limits the price held
fairly steady. The low point was touch
ed al SIC Toward the close p quick ad-
vance vas made 10 6slsc and the close
vas firm and tzTssc higher. az SS96sisc.
Bradstreer reported a decrease n the
worlds visible OF two million bushels and
there was q decrease In contract stocks
"a regular warehouses OF $4,000 bushels.
Seab0ard reported SO beat loads taken for
export. and clearances OF wheat and
-four were equal 70 ~ 90 bushels. PR
mary receipts were 4sn.Q5 bushels. against
$50 oao bushels a year ago. Ninnea polls
and Duluth reported 81 cars, against So
cars & week ago and 9s cars last year.
Local receipts we're g cars Il o. contract
ket at the opening in corn, with cencf-
tons nearly the reverse or those preva-
lent yesterday. Showers over the corn
belt, with reports q no damage thus far
70 the growing grain by heat caused
weak opening and considerable lang corn
came out. September opened &07sc 20
shade over 4 cent lower than yesterday s
close. and later the price dropped to sac.
Toward the close there Was a sharp i'd
vance on good commission house buying
together with buying by outsiders, and
the market advanced to 47sac, closing So
sac higher, at &c ContraC7 stocks n reg
lllar warehouses increased IL. 80 bushels.
Eeaboard reported 10 beat loads taken for
export, while clearances were z12.eoe
bushels. Local receipts were 26l cars s
| OF contract grade
Oats vera active and lower early, re-
covering with other grains tovard the
close. Elevator interests and commission
houses sold July freely az ths Opening.
/ Outsiders were fair buyers OF September,
| resulting IN a july discount OF = a cent
! The September delivery sold between S75s
and 27ss a27jsc, closing &c higher. at the
high point Contract stocks Increased
9oo1 bushels, Ciearaaces ware SEQ
bushels and local receipts were l5s cars.
Provisions vera dull and heavy. The
main weakening influences were the
/ heavy receipts Of hogs IN the west and
/ the increasing stocks. The worlds stock
OF lard was reported 70 have increased
/ 60 90 tIerces since Juns L ssptember pork
rangsd between s14.45 and SAD, closing
I Z21zc lower, al s4.271z. Lard sold between
/ s. s. and IS. s2ls. closing nc lowsr. at
/ $50. RIBS ranged between $8.a5 and
I $50. closing Sc lower at 6 Oh.
Estimated receipts for tomorrow:
/ Wheat. 20 cars; corn, I55 cars; oats, 20
( cars; hogs, S.oc5 head