The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1901-04-18
Days GRAIN MARKET
Crop Situation Makes All
Grains Quiet and Firm.
WHEAT CLOSED HIGHER
Corn Unchanged; Oats Up
and Provisions Irregular

Chicago, April 1.-THE crop situation
being practically unchanged the grain
market ruled quiet and steady today, May
wheat closing &c higher May corn IN
changed, and May oats &c UP. Provis-
ions closed irregular
Wheat traders kept their receipts on
the weather map and their ears open to
tidings Of the operations of the Hes
sian fly. AS TO climatic conditions there
seemed to be little change, although the
reports from time 10 time seemed TO indi-
cate otherwise Before trading began It
was claimed that the frost predicted for
Kansas had appeared during the night,
and this, combined with the fact that
receipts were light and cables At least
no easier than could be accounted for
by the course Of the market on this side
yesterday somewhat alarmed shorts and
the May option having opened &c higher
at 702.c and touching T0Ssc almost at
the same time, rallied 70 707sc during
the first hour.
The frosts which had been so much
dreaded, however, were scarcely mention
ed in kilograms from Kansas, and while
the weather was unseasonably cold in
the spring wheat states IL was thought
wheat was not sufficiently advanced 70
suffer. Liberal primary receipts and
moderate seaboard clearances were also
against the advance Clsarances also
were against the advance, and in conse-
quence May later eased of TO 7o3sc on
moderate selling. Reports Of damages
inflicted by Hessian fly increased during
the forenoon began ia attract considera-
bic attention at this stage OF the mar
ket, and shorts again alarmed, bid May
sharply up TO 707s471c. Scalpers took
profits on the bulge, but the close was
steady. May. &c over yesterday at 704.c.
Seaboard clearances IN wheat and -four
were equtl TO 343,oo0 bushels while pri-
mary receipts we're 4s1, 000 bushels, com
pared with 30S, GOO bushels last year. Min
neapolis and Duluth reported l63 cars,
against rs last week and 1S7 a year ago.
Local receipts we're 40 cars, one Of con-
tract grade
Corn was firmly held. but no attempt
was made TO push prices unduly upward,
although there was opportunity in the
smallness OF receipts, unreasonable
weather and removal or the export de-
mand to have scared shorts. had that
been thought advisable. Prices did adj
vance fractionally during the early part
OF the session, but reacted later on profit
taking by scalpers. May sold between
44l4c Changing to July was done ar
discount Of &c early and at sc later. Re
ceipts were 1S2 cars, 40 Of contract grade
May oats opened strong under the slim
illus OF q good cash demand and liberal
export acceptances over night Shippers
bought literally early, and while they did
not maintain their starting pace, prices
were well sustained. Considerable chang
ing with May at &c premium over July
was noticeable Receipts were Is cars.
May sold between 25sfa251zc, and closed
&c higher, at $3.50.
In the provisions pork was neglected
and the rest of the list quiet. The mar
ket opened easier on liberal hog receipts
and in sympathy with lower prices at
the stock yards. but held steady on a
moderate cash demand The range was
narrow. July pork closed PIC higher, at
81 321s: July lard. 21zG5o lower, at $500;
July ribs PIC down, at $50.
Estimated receipts tomorrow; Wheat,
s. cars; corn. 100; oats, $50; hogs. 1900
head.