The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-04-22
BULLS lRD()R CHILLED
Reports of Showers Counter
act Wind Stories.
WHEAT ALONE HIGHER
May Corn and Oats Close a
Shade Lower.

Chicago, April 21.-Weather reports
ruled the grain pits again today. Hot,
windy conditions in the winter wheat
country started grains with a smart up
turn. but predictions OF relief by showers
worked against the bulls ard May wheat
closed only 4 shade lower. May corn
IL4assc lower and May ats 1sc down
Provisions closed 1oq171-c depressed
Trade IN wheat had q nervous strain.
At the opening there wasa rush toward
the weather map, and when only few
scauty showers were shown 10 have fall
IN since Saturday there was al opening
buIIish squirt. Yet most OF the profes-
SIGNALS hesitated about plunslng n on
the bull side for fear that some small
showers might be magnifed n the minds
o. the bears into big rain ana 4 break
OF several points ensue- Considering Inc
fact that the entire wheat belt was dry
even dryer than before-the early trade
was tame Talent was kept guessing and
held business down. The feeling was
maintained. May late Il the day had q
rally and closed steady. q shade UP, az
94SsG34c.
Local receipts were IS cars, OF con-
tract grade: Minneapolis ard Duluth re-
ported 20s cars, making total for the
week, and $50 a year ago. Primary re-
ceipts were 295 900 bushels. compared TO
$4,000 bushels a year ago Seaboard clear
ances IN wheat and -four equaued SIS. go
bushels Worlds shipments were 7,47o,o
bushels, against so59, 600 bushels q year
ago. BresGstUffs on passage increased
2e+,0o0 bushels.
Corn trade was small and had no proui-
nent features. The market was inclined
70 follow wheat and prices advanced at
The opening Stocks continued 70 de-
crease. but the prospects CT en- easier
wheat market induced selling. Cables
were unusually firm, but soon lost their
influence. May corn opened 1444sc 10 I
shade up, az 6Z12G6214c and sold of 70 6ls4.
Later there was some covering as wheat
rallied and none Of the loss was regsined.
Near the end OF the session. however,
the market turned heavy aud selling
asbribed TO the southwest brought an
easy close, May Ease lowr, at 619sc-
Receipts were 106 cars.
There was a fair sized furry IN oats
at the opening, based on the fear Of dam
age 10 sown oats by the dry weather.
There was a. good commission house de-
mand, but later selling by receivers eased
prices considerably When the hopes that
the dr0uth stories would create a strong
demand were not realized there a fur
Their rush 10 unload and the market SUI
fered. May sold from 49, down, 10 Csc,
and closed easy sc down. at rs Re
ceipts. IA cars.
Provisions suffered a further decline and
closed weaker than for many days. Hogs
arrived in larger numbers than estimated
ard stock yards prices were weaker.
Added to this bearish factor was the fear
that newspaper comment OF excessively
high prices for meat would retard con-
sumption. Selling prices in all prod
ucts was liberal, both 10y packers and the
scalping trade May pork closed 1752c
lower, at S15.42i3; May lard Zoe down, at
1855, and May ribs lower. at Ss.91i.
Estimated receipts for tomorrow
Wheat. s. cars. corn 40 cars; oats.
80 cars: hogs, 24,00 head