The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-08-06
DAYS GRAIN MARKET
BulIiSh Statistics and Condi-
lions Rule the Market.
WHEAT CLOSED HIGHER
Corn Closed Higher and Oats
Shade Lower.
WHEAT CLOSED HIGHER

Chicago, Aug. 5.-Bullish statistics and
conditions were bullish today ana Sep
TENDER wheat closed an active day, 12sc
over Saturday. Corn closed &c higher.
and OTIS shade down. Provisions at the
close were 2l5 TO 1Oc down.
September wheat opened unchanged to
&c higher, at s9K to s91kc, under buying
occasioned by rather bulIish statements
OF worlds shipments and the amount on
passage and an advance at Paris. Trade
was very dull for time, however. and
an easier tone IN corn found its reflection
IN wheat, which worked off 10 6S2z 66SzSc
during the first half hour Seaboard
cIearances were again reported as very
heavy, while offerings from first hands in
the west were said TO be light While
gloomy tidings Of the condition Of the
I corn crop had no marked effect in the
pit where maize for future delivery is
handled it was accepted by wheat traders
as emphasizing the bullishness Of the
wheat position. a fair-sized short in
. terest was driven to cover by the awak-
ened aggressiveness Of the bulls and Sep
tenber advanced without material set
back to 703sc. There was the usual profit
taking on the bulge, but the market held
strong and closed 1ssc over Saturday, at
V9sc. Local receipts We're 227 cars, 65 of
contract grade. Minneapolis and Duluth
reported S1l cars, against 232 last week
and S93 a year ago. Primary receipts
were 1.46i,0o0 bushels, compared with /
$4,000 bushels last year. Seaboard clear
ances in wheat and -four were equal TO
1,SSLOoo bushels. Exporters reported II
loads taken Worlds shipments last
week were 1897, 900 bushels, while the
quantity on passage showed an increase
OF 1,SS0o0 bushels, which was nearly .
100000 bushels less gain than had been
expected.
The corn market opened steady. but
ruled easy for time thereafter because
OF general showers west. as we'll as IA
Vorable temperatures. Crop reports came
in with the usual tone Of dependency IN
interrupted. In Illinois and parts of Iowa
where little damage had been thought
to have been wrought messages claimed
the plant was not bearing. There was
also a disposition to fear the state re-
ports Of Kansas. Missouri and Nebraska.
which are about due. September having
touched 5S1sc early and then dropped to
$3.50, rallied on covering to 571sc around
which figure il fluctuated narrowly the
remainder Of the session. The close
showed a bit more frmness in synpa-
thy with the wheat strength, but Sep
TENDER vas only &c over Saturday, at
515sc. Receipts were III cars.
L lie lIdNt III oats was moderately &C
tive. but was mostly done by pit profess
SIGNALS who were working both sides Of
the market for small profits. The feel
ing, as usual, was governed by corn, but
the close was barely steady. owing TO the
rather slack response which corn gave
the wheat advance. September sold be-
tween 3415 and 35llc and closed q shade
down at 55c. Receipts were $50 cars.
Provisions were dull, only a small bus
mess of a purely professional character
being done. The opening was steady in
sympathy with higher hogs. but the mar
ket became easier later on lack of sup
port from packers who do not care for
an advance in prices at this season Sep
TENDER pork closed Ice lower at S14.171s.
September lard 2ikc down, at SS.75, and
September ribs 2l2c down, at s.. 92il
Estimated receipts tomorrow: Wheat /
go cars; corn, rs cars; oats, $50 cars;
hogs, 1900 head.