The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-03-07
CROP KILLER THERE
Reports of Damage to Wheat
Is Factor in Grains.
PRICES FLUCTUATE LITTLE
Wheat Closes Shade Higher
With Others Down.

Chicago, March s.-Grain spectators
were almost as Indifferent to trade today
aS they were 20 the repeated reports OF
crop damage. Trade was dull, fluctuations
were very narrow and at the close Nay
wheat was only ! cent higher. May corr
sc lower and May oats shade down
Provisions closed TO Is cents higher.
The crop killer was the most import
ant factor again today, but mis- mutter-
/ ings were not very influential. Continued
reports OF bad conditions came from
/ Kansas, Oklahoma, Texas and Indian
/ Territory. Reports from the last named
state were to the effect that two-thirds
OF the wheat land looked as though moth
/ ing had ever been on It. Kansas City re-
ported that Kansas and Oklahoma which
raised Is. OK. go bushels OF wheat last year
would not grow e, 600 900 bushels this year.
In the southwest there was still no rnOis-
/ ture, though there were signs Of rain.
Statistical papers stated that crop condi-
f, tons were fair. notwithstanding the dam
age reports Gables were somewhat i'm
proved ana northwestern receipts were
small Dizziness IN trade, however. kept
May prices lowering closely around l5izc.
the greater part OF the day May opened
unchanged at 16Ssc, sold as high as lbSzc,
and closed barely firm, quarter cent up
at 76=sc An effort TO break corn had a
slightly depressing effect for a short time
Minneapolis and Duluth reported Z36 cars.
q total for the three points Of 265 cars
against so last week aud 40 2 year ago.
Primary receipts were 10000 bushels
compared 70 5S7, coo bushels last year. Sea-
board clearances eQualled only 152,030
bushels The closing hrInnesS was due %
the Ohio March crop report, making the
winter wheat condition q, or 10 points
lower than on January J.
Corn ruled slightly bearish after the
somewhat steady opening. Gables were
slightly improved and early offerings
we're light. This brought May opening
prices 4 shade up TO a shade down. but
the southwest began 70 lose its bulllsh en-
thuSiasTn on the lessen1ng o. the feeding
6e mand and OF an attempt TO break the
market by a St Louis plunger- May prices
ssgged 10 Sic. A fair demand both local
and from commission houses absorbed the
offerings and May reacted easily 10 exc
Later trade was only a scalpinE affair.
cIearauces were very small and Nav clos
e1 easy, quarter cent lower at 6lSszssc.
Receipts were 1g1 cars
Continued light receipts, slight I'M
pTovement In he cash situation and the
fear Of the unexpected in May options in
ruenced somewhat nervous market z
oats. Fluctuations were rather wide t1r
the dullnsss of the pit. but in the end con-
dftions were about unchanged. July and
little change in prices. May was bought I
10 some extent. The opening for May was /
4 shade lower and prices eased 70 1910. I
May closed steady, unchanged at 44lsc. /
Receipts were 20 cars.
Provisions manifested considerable
strength IN the face OF large receipts and }
lower hog prices. The early stock yards 4
weakness induced selling. which was
sharp for a time. Later the offerings (
dried up a fair demand appeared and
prices advanced firmly. Trade In EsR-
eral was quiet. May pork se1< rov as /
$500 and closed j cents higher at s15-25:
May lard closed e cents up al S.5T11 and
May ribs cents higher at 8 32ie.
Estimated receipts. tomorrow: Wheat.
ID cars; corn. 115 cars; oats, 100 cars; I
nc gs, 81 600 head.