The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-10-25
PRICES ARE HIGHER
Continued Activity Among
Bulls in Corn Pit Bring
GRAIN PRICES UP
Corn Has Stronger and Larger
Market All Day.
PRICES

Chicago. Oct. 24.-Continued activity
among the bulls IN the corn pit Influenced
/ higher prices in grains again today. De-
cember corn closing &c higher. December
wheat a shade lower. and December oats
a shade advanced Provisions closed IN
changed to a shade lower.
Corn had the stronger and larger mar
ket, the early strength being impaired BY
/ improved cables, which doubtless were
/ following the advance here yesterday.
/ December opened d shade TO lsG1c high
er. AT 5s1z TO 56ssc. but an early weak
ness in wheat resulting from proft-taking
/ depressed the ccarser cereals until De-
/ cember sold at ts1sc- Following this sag
came renewed buying by the profess
siOnal clique that bulled the market yes
teFday, and shorts rushed TO cover. De-
/ cember sold up 70 567s057c, but toward
the end OF the session proit-taking eased
I the market 70 56ssG56zc. where It closed
firm. &c above yesterday. There was
some good support from the outside,
which Influenced the buying, especially re-
( ports OF purchases for the southwest Re
I ceipts. I5z cars.
/ Wheat had some little spurts OF activity
and ruled with q firm undertCne The
outside trade was unimportant, but in
/ proved cables and continued news OF
damage TO the Argentine crop brought an
advance at the opening Of 1sG7s 10 14d%c
for December. at rs 10 Tie. On this
/ advance there was a reversal Of feeling
among the bulls and quantity OF long
wheat came out for profits. This and re-
! ports OF q free movement IN the north
west brought December TO 702ac. For a
time every one wanted 10 sell. and the
market became oversold- The better feel
| ing n the corn pit brought a quick reac-
! ton. however. shorts covering until De-
cenber touched its opening price again.
Commission houses had good resting or
ders al 71c, and longs took profits 10 this
figure. December closed steady. shade
under yesterdays close, at &c. Local re-
ceipts were IS cars. one Of contract grade;
Minneapolis and Duluth received SEQ cars.
making a titaI for the three points OF 6Ss
cars, against "a last week and 733 a year
ago. Primary receipts were go 125 bush
els. compared with 81, 600 year ago. Sea
board clearances in wheat and -four
equaIled SIS. 600 bushels. The seaboard re-
ported 3 loads taken for export.
Oats we're somewhat active and higher
early in sympathy with the strength in
other grains. There was a fair demand
from commission houses. but nothing Of
special importance, and the market stood
dull and narrow. Shippers and elevators
were sellers. December sold between ass
G351s and 355sc. and closed a shade higher
at 5515G355sc. Receipts we're 1S3 cars.
Provisions were duh and narrow. with
an easier feeling pervading the pit. Prices
were better at the opening under the in
huence OF better prices for hogs. and
there was some strength gained from
grains. But the cash demand was slow
and at the close prices were only steady
January pork closed unchanged, al $50;
January lard a shade lower. az 81. 921a
and January ribs q shade lower. at s. s2iz
G7.@.
Estimated receipts tomorrow: Wheat
14o cars; corn, Is5 cars; oats. 80 cars;
hogs. 1900 head.