The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-06-11
BEARS ARE On TOP
Held the Mastery ofthe Wheat
Pit Yesterday.
JULY CORN CLIMBS UP
Provisions Strong Without
Much Activity.

Chicago, June to.-Thsbear element held
the mastery in the wheat pit today, July
closing zq7sc lower. July corn at the
close was &c above Saturdays final price.
July oats showed a loss OF = and proyis-
ions were I0gl2zsc to &c higher.
On favorable weather reports from the
west and northwest, coupled with esti-
mates On worlds shipments, July wheat
opened a shade 10 lsa1so lower at 1850
1s1zc. During the early part OF the ses-
ion prices held fairly steady. declining IN
der the absence OF shipping demand 10
7ZFsc. Subsequently there was rally on
covering BY a few local shorts TO 7s5sc,
where the price remained but moment.
As the time approached when the govern
naent report would have 10 be faced,
holders weakened and something OF z
stampede among them caused a rapid
shrinkage IN values Al dat teh end OF the
session prices were near the lowest OF the
day. July wheat closed weak and s.d7sc
lower at 72Ssc- September wheat ranged
between So and 705sc and closed &c lower
at CSC Three lOads were reported taken
for export. Worlds shipments OF wheat
and -four were equal to 10, SIS. COO bushels,
an increase OF 2.s11.0oe bushels over the
week before and s.4I4o00 bushels over z
year ago. The quantity on ocean passage
showed a decrease OF 1.o56,o0e bushels since
a week ago. The domestic visible de-
creased !. 900 bushels. The worlds vis-
ible showed q decrease for the year Of
s.15,500 bushels Primary receipts were
TS4 900 bushels against $4,000 bushels a
year ago. Seaboard clearances OF wheat
and -four were equal 10 S99. 600 bushels.
Minneapolis and Duluth reported 554 cars
against SO last week and rs year ago
Local receipts were 80 cars. Il OF contract
grade
The corn market was firm, but very
dull Receipts were not large nor was
much shipping demand in evidence, but
there was an under current OF faith IN
present values that was not seriously
shahen when in the afternoon wheat was
being forsaken by its holders. Some
help was gained from the strength II oats
and this aided IN offsetting the more IA
voraole weather conditions. July corn
sold between S51s ard $40 and nc and
closed &c higher az 43zsc. Local receipts
were 80 cars, II Of contract grade. Nina
loads were reported taken for export.
The range II prices IN the oats pit was
narrow and though trading was not very
general q few bought and sold heavily
and kept the market from marked dull
ness. There was a fair country demand
based on unfavorable weather reports.
July oats sold between z75sG2Sc and 2sls
and closed sc lower at 2Sc. Local re-
ceipts were SIS cars.
Provisions were strong without much
activity n bushes but q notable scarcity
OF offerings. A decrease in receipts Of
hogs and higher prices at the yards help
ed the market, the feature OF which was
the demand for July lard July pork
sold between $1475Q4So, closing Iz15c
higher st the closing figure. July lard
ranged between $s.z7fz and s55, closing $50
improved a. the latter price. July lard
sold between ss.oe78071z and closed 10G
12lsc up at SS.o5qs.071s.
Estimated receipts tomorrow. Wheat.
125 cars; corn 475 cars; oats 90 cars; hogs,
n Geo head
GRAIN AND PRoDuCE MARKETS.