The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-09-16
REACTIONARY
INFLUENCES
Governed the Grain Market
at Chicago Yesterday
DECISION OF THE COURT
Left Spectators in an Indeci-
Sive Position.

chicago, sept. lo.-Reactlonary IN
fuuences from Saturdays slump were at
work in grains today. This was a condi-
ton somewhat unexpected, for it was
generally supposed that Judge Chytraus'
decision in the oats case Saturday would
bring out long grains. Traders were
somewhat in the dark as to whether they
dare do any business il futures other
than cash prices and as a result outside
orders were scarce. Business was largely
/ IN the hands of locals and the nearby
futures were let severely alone because
Of their premium in general over cash
prices. The further deliveries. however,
seemed to have been oversold Saturday
and because of their seeming cheapness
in comparison with shipping figures prices
were showed higher in most commodities.
AT the close September wheat December
wheat and December corn were 9sc higher,
September corn was 80 down and De
cember cats a shade of. January pro-
visions closed 21zq711c up.
Wheat started out with a fair show
OF strength. largely because the crowd
was not frightened over the issue of the
Injunction cases. 1t was generally be
lieved that the decision in no way affect
ed trade except III the case Of extreme
manipulation, and that even if the de-
c.sions We're upheld the directory could
frame governing rules that would hold.
Many Of the spectators went home Sat
Urday night short Although cables were
only steady and little outside business
came to hand. the fact that stocks were
decreasing started an upturn. In spite
OF the fact that there was a big run Of
wheat TO this market last week stocks in
public houses increased only 44S.O00 bu
The increase in the visible supply was
only 635. 900 bu. Buying by shorts and a
fair commission house business with very
light offerings started prices higher
Trade was dull at times with the outsider
IL the market only sparingly St Louis
supported December to some extent. The
weather was very favorable TO move
ment and receipts were increasing .espe-
cially in the northwest. September was
traded slightly. but advan need with De
cember. The near options opened un-
changed to &c up at 7gAc to 727sc and
closed firm at sc UP at 1880. December
started unchanged at $3.50. easted at one
time TO es406Sssc and closed firm sc UP
AT 69c. Local receipts were 24S cars. of
octnartct grade. Minneapolis and Duluth
reported 1890 cars. making a total for
three points of 1903 cars. against sos last
week and ..4n two days last year. Bread
stuffs on passage decreased SIS. 900 bu
Worlds shipments were 1G42S.00O bu.
against 9,zS1. 900 bu last year. Seaboard
clearances in wheat and flour equaled
548,0 600 Blu. Duluth worked $4,000 bu for
export and helped in the advance Prim-
airy receipts were LIS, 900 bu. against .
Sl5, 800 two days last year. Conflicting re-
ports OF damage TO corn from frosts put
the corn crowd in a guessing state. The
market opened strong for December and !
May and there was a fair demand in |
these deliveries. September was choppy
and in the end ruled easy. Offerings in /
general were not excessive at any time /
even when the market was at It's highest I
point The weather was fine in the corn /
region, with better weather in prospect. I
Gables were steady and receipts were in /
creasing. With these mixed conditions 1
the sentiment was somewhat uncertain. 4
In the end the frost damage reports and /
small contract stocks helped the bulls /
About mid-sessiOn there was great firm /
ness Later there was a recession. but 4
the close was near top figures. save in I
The near futures sold be-
tween 5si2c and 59izc and closed easv &c
of at 5S7sc. December at f3lsc sold az
45c and closed sc up at 49a,c Receipts
were liberal at go cars, s. of contract
grade.
Oats were received in larger quantities.
the weather was good and the quality Of
arrivals was improved. The market
leader and by commission houses. but
prices fluctuations were narrow. Corn
strength aided the price at times Tho
ash demand was light. December sold
Sic and 1850 and closed easy a
shade of at S1lsq9HAc. Receipts were
40 cars.
Provisions were fairly active at times
and ruled frmer on higher prices for
hogs Nearby products showed the most
strength and were 6ihcult to trade IN.
There was a disposition to sell January
md May stuff but good support brought
advances. Corn strength also was a help
10 prices. January pork closed 5a7lzc I'D
II N5-lIisgl5 20. January lard he up nj
S.s71s and January ribs PIC higher a.
sea
Estimated receipts for tomorrow.
Wheat. 400 cars; corn. 40: oats. 8s5. hogs.
ZOO head.
.ndum. It favors the right Of recalling
representatives. who are out II touch with
'oters. Relief from The trusts is suggest
d in the plan for The passage II an
amendment 10 the practice laws II every
tate and the federal government under
shich ltigants may bring up in any suit
n which a corporation IS the plaintiff or
defendant. the question Of rs right o. It's
ranchise whether It has us1rpc5 power
ot given It under statute and whether Il
as forfeited its powers
This method il IS argued would be
productive Of more good tnaa the insti-
ution Of suits by federal district attor-
eys. Vigilance committee fl every
tate and large city are favored 70 sea
hat the laws are im7artiailv admins
cred The eiCht-hour day. sanitary corr
itions. living wages. the repeal of the
AVS limiting the liabilities n personal
liury suits. the supply ~ free text books
o all children in the lower grades ~ pub
e schools and the abolition - convict
sbor in competition with free men are
emauded. Limitation OF TIRE Injunction