The Wichita daily eagle., 1901-06-19
DAYS GRAIN MARKET
Wheat Market Was in Variety
of Moods.
CORN CLOSED HIGHER
Oats Were Active and Pro-
visions Strong.

Chicago. June 1s.-Tower cables. reports
Of fine crop weather. an increase in the
visible supply. and stories of damage by
rains in Kansas. put the wheat market
in a variety OF moods today and the July
option closed unchanged. July corn
closed 1sqSsc higher. Juluy oats unchang-
ed. and provisions from y 20 20c up.
Dullness prevailed during the early part
OF the session. though there was consid-
erable trade later.
Wheat opened 4 TO &c lower. at 70 10
7Olsc for July on depressed cables and
continuation Of conditions favorable to
the growing crop. Covering by shorts
caused an advance TO 70ssc, the high
point OF the day. Bradstreet's statement
OF the worlds visible supply was a dis
appointment 70 bulls, showing 133 eco
bushels increase, instead OF a large de-
crease, and under free offerings the mar
ket declined to CSC. Good shipping de-
mand, together with reports of too much
rain IN Kansas, brought about a rally to-
ward the close, and final figures for July
were firm and unchanged at 7oAc
Twenty loads were reported taken for ex-
port, and sezboard cIearances Of -four
and wheat $4,000 bushels. Primary re-
ceipts were 4ST. 600 bushels, compared with
427 600 d year ago. Minneapolis and Du-
luth report 12z cars. against $50 last week
and 81 a year ago. Local receipts were
12 cars, four OF contract grade.
The corn pit was quiet, with a notice
able absence Of selling orders. The mar
ket was firm and slightly higher most OF
the session on account Of the small re-
ceipts and the insignificant proportion Of
contract quality; while the weather was
generally auspicious. the growth and ap-
pearance of the plant, according to gen
eral reports from the country, left much
to be desired, and there was nothing en-
couraging enough in the prospect for the
next crop 70 offset the effect OF the pres
ent small supply. July ranged between
43 and 431zc, closing 4 to &c improved,
and steady. at 1875 9431zc. Local receipts
were 2sS cars, four Of contract grade
Oats were active and received consid-
cradle support from the interests which
We're the best sellers yesterday. IL look
ed like unexpected weakness at the open
ing. but commission houses and local
shorts soon bid July up q fraction over
yesterdays high time. Crop advances
we're bad. rust reports being common. It
loxs as If local long interests have accu-
mulated g large line Of July. July had a
narrow range, selling between 2sc at the
opening and 2SSsc, closing steady and un-
changed at 2S4c.
An active and eager demand gave the
provision market a strong tone, carrying
up prices OF pork and ribs to a strong
close. Buying Of lard was on such a scale
that shorts took alarm and helped by
their purchases to swell the price, as well
as the volume Of trading. July pork
ranged between $l4. S21z and Si4.S7ls. clos
ing 2oc higher, at the latter figure. July
lard ranged between s. 60 and $50, clos
ing at $50. Is to 1Tc higher July ribs
ranged between s. 90 and 3. .1odS. .131a, clos
ing at the latter. with gain OF ~ 10
1oc.
Estimated receipts tomorrow: Wheat,
40 cars; corn, 175 cars; oats, 125 cars:
hogs. q. 900 head.
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