The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-07-02
BIG JUMP
IN WHEAT
Bulls Still Continue to Manip-
ulate Grain Market.
CORY MAKES AN ADVANCE
July Oats Down, September
Up, Provisions Unchanged.

Chicago, July The grain markets,
after giving early indications Of quiet
ing, broke loose again today and scored
new high prices in the July delivery
July corn touched 7Sc. following certain
indications that the bun crowd means
TO carry the corne through to a finish.
July wheat closed 11sQl4c higher; Sep
TENDER wheat 9447sc up; July corn, NC
higher, and September corn sc lower;
July oats showed closing loss Of Sc
while September was ne up. Provisions
were dull and closed unchanged TO ia
1Oc higher.
The first sale Of July corn was at PIC,
the same as the close yesterday. DurinGl
the next two hours shorts bid the mar
ket steadily up to use. There was rea
son for their bidding, for OF the deliver
les on July contracts nearly the whole
2.5O0.000 went TO Harris Gates and Co.
This firm is credited with having about
5000. coo bushels of corn deliverable this
month The contract stocks are only
100000 bushels On this bulge the bulls
let out some corn, under which July
backed down TO 7fkc. Here another
frantic endeavOr TO cover at this conces-
sion sent the price within FIVE minutes
to 7Sc. The bun crowd here let OUT
more stuff and at the close and the mar
ket was unsettuer, with July &c higher,
at 74c. The September options advanced
on the weather and in sympathy with
July. from CSC 10 6Asc. but was sold
heavily by the July manipuIators anu
others and closed sc down. at 623sc Re
cars.
Wheat traders, like those in corn,
seemed to take a more cheerful view or
the crop situation early but later IN
the day the weather map. with its pros
poets of more ain where anything but
moisture is wanted, re-awakened the ex-
citement of yesterday and the prices
promptly went on "a record beaking tour.
July from 747kG75c at the opening, to
77ssc while September advanced from
1870 to 75asc 1t was a big crowd or
shorts which did the bidding, led by
st. Louis interests which were credited
with buying close to 100000 bushels OF
July and about 100000 bushels Of Sep
TENDER. On the bulge, however. real
tzing sales were made in heavy quantities
and both July and September receded.
the former, however, closing 1isc0Hc
higher. at 755sc, and the latter ss67s,
up. at 74A01kc. Primary receipts aggre-
gated $4,000 bushels against 10000 bush.
els the corresponding day year ago
Local receipts We're 81 cars. 10 contract;
Minneapolis and Duluth reported 295 cars,
making a total for the three points OF
sS2 cars. against 2s4 last week. and SA
year ago. Seaboard clearances were
276,000 bushels. The worlds visible. &C
cording TO Bradstreets, decreased $3.50
900 bushels.
In oats there was nothing like the
trade of yesterday, yet the market was
an active one-a reduced counterpart OF
the corn market No one was particu-
larry prominent in the trade. but gener-
ally the country seemed to be doing the
buying. while local operators sold. The
corner influence and the weather were
the factors in the advance, which marked
the forenoon with the selling in other
pits oats also receded. July sold be.
tween 4I94c and 4Sc and closed &c lower.
at 4Slzc. September anged between $3.50
and S71sc closing PC improved. at SSl5c
Provisions were dun. but steady. H..
sympathy with corn and higher hog
prices September pork closed Sc higher.
al SS55: September lard. 7laQ10c higher.
at Slo-721zc, and September ribs were IN
changed. at Slo67.
Estimated receipts tomorrow: Wheat.
q cars; corn, 100 cars; oats. 105 cars.
GRAIN AND PRODUCE MARKETS.
Chicago.
Chicago July 1.-The leading futures
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