The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-12-11
GRAIN TRADE
WAS VARIABLE
Wheat Opened Active but Clos
ed Dull and Lower.
OTHER LINES ARE HIGHER
Damage to Russian Crops Af-
feCtS the Market.

Chicago. Dec. 10.-Decided activity was
manifested today in tn wheat pit dur
ing the INST hour. resulting in marked
advance in prices. bul later queer feel
ing developed ana the close was easier.
With May a shade lower May com -losed
q shade higher While oats lost Sc. jan
u@fy provisions we're from 2'.c lower 10
5c higher
heat opened excited and h.gbur ON
general bul-5sh ST. tistics and every 3f.iy
seemed 30 have buyins orders, but tn-
oneIlngs were somewhat restricted and
IN consequence iii re- was a sharp 5c-
vance cary IN The day. Gables were
higher. due 10 reports of damage 20 the
= ssian crop ny frost ard The unsettled
weather in Argentine. Receipts w.re
small and the export demand reported
good Traders were also Influenced TO
some extent 0y the prediction Of a cold
wave in tile northwest which. T. was
thought would cause considerable dam
acg 10 the growing crop. ON tho advance
there was heavy realizing and all the
early d2y gam was lost December Opel-
ed unchanged TO sc higher. at 7eal6ssc.
sol dtO &c aad closed SO lower. an 75lsc.
May opened 14GiAc higher, 1T 114071izc,
and sales were made early at 1850 but
steady decline began and the close
was near the low point. final figures be
ing shade lower, at ,67s071c. after The
price had touched .67sc. CIearances OF
wheat and -four were equal 10 $4,000
bushels. Primary receipts were .05l.a 900
busehls. against 81 900 bushels year ago.
Minneapolis and Duluth reported receipts
OF $50 cars. which with local receipts
of - cars-none OF contract grade made
total receipts fer the three points Of e93
cars, against Ca cars last week and SO
cars q year AGO.
corn synpathized with wheat early in
tle day and prices we've higher and when
weakness deVeiore5 in wheat a decline in
the yellow cereal followed. Unfavorable
weather and small receipts were bEll fac
tors at the start and caused a fair de-
mand for May. but offerings were not
heavy q any time during the day. Cow
cring by shorts late in The session brought
about a rally ana the close was firm
December nc higher at 56ssc; May was
q shade higher. at A 3s04flac. after sell
ing between s4Ac aud 443sc Local re-
ceipts We're 80 cars, with only one of
contract grade.
oats experienced the same activity as
other grains at the outset bat gradually
became dan Wit ha tendency 10 react.
Commission houses were moderate buy
ers early. with considerable realizing by
locals The cash demand continued good
and was the main supporting influence.
The close was steady. with May sc lower.
at 33itc. after ranging between 33isc and
1880. Local receipts We're 50 cars.
The provision market ruled rather quiet
and at about steady prices although
trading was fairly active during the FIRST
hour OF the day There was a good de-
mand for pork and this fact prevented
any great decline as a result OF quite
general realizing January pork closed
PIC lower, ut S16921a; January lard 2iac
,s.-T = Oh
So
Estimated receipts for tomorrow:
Wheat. 70 cars, corn. 200 cars: oats. -
cars: hogs 5000 head.