The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-07-07
Days grain hAREET.
Bear influences We're Upper
most in Markets
WHEAT MARKET WEAK
Corn Closed Lower and Oats
Were Higher
HEAT MARKET WEAK

Chicago July flower cables, perfect
weather. both fer the harvesting % win
ter wheat. as wen as Tor the growth O.
the spring cdop. together with heavy
movements OF the new grain. were the
bear influences thst combined % create
weakness II the wheat market today. and
with nothing &c give strength u the situ-
alton, September closed Isc lower. Sep
tember corn closed ssG7sc lower; cats
were EGl.c higher. and provisions we're
from y 70 sc higher. The opening II
the wheat market vas fairly steady. bat
this feeling soon gave way % the bear
Influences, and there vas q gradual de-
cline Elevator Interests were the prin-
cipai sellers and Commission houses
bought, but the buying by the latter vas
not sufficient 10 sustain the market The
grading OF the rev wheat is almost per
feet and was also = bear factor. Sep-em-
Der opened = 10 is12sc lower, AZ 65-s %
65iS F55isc. On local selling the Price
dropped 20 SIC. Weakness prevailed
throughout the day ard the close vas - c
lower. az 65is Gsslsc Ssahoard reported -
boGr loads taken for export, and clear
ances OF wheat and four were equal 10
$3.50 bushels Bradstreet's estimate OF
exports 81 wheat and Gour for the week
was 3.7Ss 90 bushels compared with H.
3k6 eco last week and s.Ql90o0 bushels a
year ago Primary receipts were $500.
against A11.e GO bushels year ago. North
west receipts were 2s3 cars. against IS
cars last week and ~ cars 4 year ago.
LEGAL receipts were la cars, q q con
tract grade.
There was a moderate activity n corn.
with generally easy tone Weather In
huences were the causes for the weak
ness exhibited shortly after the opening
ard considerable long stuff came en- The
market A slight rally. occasioned by
the strength in oats, vas soon overcome
by selling BY elevator Interests and weak
ness prevailed throughout the remainder
OF the session. September sold between
Eisaf7-sc ard 4sc, closing a &c lower,
AZ TACTIC Local receipts were IS
cars, with Z OF contract grade
Trading fl oats was active from the
start, and there we're enough ready buy
ers 70 keep the feeling strong. ComEis-
sion houses were on both sides Of the
market With Armous and Phillips good
sellers. Bad crop news continued 70 come
IA and reports from Iowa say there VIII
be only half a crop there and that in
many places farmers are cutting fer hay.
There was considerable local prodt-tak-
ing. September ranged between 81 AID
Zsl2 rI2S7sC- closing sac higher AZ -
$50. Local receipts were lS3 cars
Provisions opened higher, and the mar
ket was mod erately active Receipts o.
hogs were below expectations, aud was
one OF the strengthening Influences
There was q light general trade with
some disposition TO take profits On the
advance. A feature 70 the trade was the
demand for ribs and lard ~ packers
September pork sold between HAD and
s14 s75ls. closing sc higher. at 81 So Lard
ranged between s. 50 and g 65. closing AZ
the latter figure with gain OF 7i.c. RIBS
ranged between 1915 ard S7-971a and ys-o5.
closing nc higher. az s 60
Estimated receipts for Monday; Wheat,
90 ears: corn. 1S0 cars; oats. 90 cars. hogs
g GO head.