The Wichita daily eagle., 1901-06-25
Days GRAIN MARKET
Wheat Market Opened Strong
and Closed Lower.
PROVISIONS RULED FIRM
Corn Closed Lower and Oats
Fraction Up,

Chicago. June 24.-HIgher cables were
mainly responsible for the stronger open
ing in the wheat market today. but on
reports Of good crop prospects prices
weakened and September closed = TO &c
lower. September corn closed sc lower;
oats were 4 to &c lower, and provisions
70 Ice higher.
There was little interest manifested in
the wheat pit, and the opening was
stronger on higher cables. Commission
houses we're the best sellers early, but
the trading was rather maintained Sep
tember opened Z shade TO sc higher ar
s5sa Qe5Esc 10 s57sc In symusthy with
corn. prices dropped 70 6siz G657sc, but on
reports Of damage by excessive rains in
the northwest q rally followed TO 657sc
and sc, and reactirg late- closed Is 20 &c
lower at S6l 165kc- There was q de-
crease in vessel supply OF 2,227 003 bushels
Worlds shipments were 9.4S1 go, com
pared with SIS 90 last week and s SIS .001
year ago, and the increase on passage
was only 5cE0 bushels Seaboard report
ed a loads taken for export and clear
ances were equal 70 81, coo bushels. Pri-
mary receipts were 631,s74, against So7.53s
last year. Minneapolis and Duluth re-
ported 80, against 595 last week and 474
a year ago. Local receipts we're s. cars.
one OF contract grade.
Corn opened stronger on higher cables,
together with reports OF damage By ex-
cessive heat in the west. The market
weakened after the first half hour Of the
day on reports cortradictlng the stories
OF damage and also on good crop pros
poets. The offerings were liberal. but
the demand was poor Receipts continue
light and the grading Is little improved
There was considerable buying Of July
by commission houses. September sold
between ~ and 45tsc, closing az the
former figure, with q loss Of sc. World
shipments were 5.923, ,o5o compared with
6.52s, co lsst week. The visible supply
decreased 5000 bushels. Seaboard report
- boat loads taken for export. Clear
saces were S3S. zoe bushels. Primary re-
csipts vera $1,000 bushels, against 1Qsi,9o0
a year ago. Local receipts were Pa cars,
six Of contract grade.
Oats were dull and weak after some
show Of strength at the opening, when
they were z fraction Up from Saturday
close. The feature OF the day was the
big drop IN July, caused by big offerings
CT long July oats, which were appearing
throughout the session. Elevator men
took on considerable July on the break
and sold September. Phillips bought Sep
tember. Latte1 months ranged between
z61t and 257.c, closing Is 70 &c lower, at
253sc- Visible supply decreased 28l 90
bushels. Clearances were 1880 bushels.
Local receipts were 1e5 cars.
Provisions ruled Arm srd 1otwithstand-
ing. some realizing sales OF long products
by outside packers. prices were well
maintained. such offerings being readily
absorbed by local interests and the price
advanced. September pork sold between
S14 e11z and sl5.o7iz. closing dime higher,
at 15.02ib. September lard raug>i be-
tween &. IL and s 60 closing q dime
higher at s. S. September ribs sold be-
tween ) % and s. 21s, closing &C higher,
at g ~.
Estimated receipts for tomorrow.
Wheat. IS cars; corn. 245 cars; oats, lS5
cars; hogs. Z.090 head.