The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-04-10
BULLS MERE On TOP
After a Restless Feeling May
Wheat Wade a Nice Gain.
CORN SHOWED STRENGTH
Oats Were Quiet and Proyi-
SiOnS Held Firm.

/ Chicago. April s.-BuiIish news pre-
vailed II grains today and brought fair
activity and better prices al around.
/ Liquidation for profits made the markets
DIP a. times and brought a restless feel
ing Bun spectators, however. had TIE
best Of II, and continuing the tactics OF
yesterday brought a net gain in NAV
wheat O. sc. Nay corn sc and May oats
&c. Provisions closed 70 l5c higher.
Speculation In wheat vas better than for
some days past. Conditions favored the
bulls from the start. Cables were higher;
receipts we're very snaIl-only cars
ears al St. Louis and one car at Duluth.
ard clearances were nearly double al re-
oeipts- There was a decided sentiment
that the market was on the upturn and
good buying set in-some from the coi1n-
Try Covering augmented the advance
ana acNlceS from the southwest that the
cola weather was not helping wheat
sroNth set many 70 buying There we're
Sol,I.Nrd reports OF decreasing stocks
ard Bracstreets showed the world 5 VS.
loie supply decreased BY so GO bushels
where i was increased 4z,eo0 bushels
isst year. Weather over the wheat states
Is cold and dry where the warm and rain
season IS due to help make GOOD the pre-
sious Damage 70 the winter crop. At
times there was pro1t-takine thar
brought reactions but yoIuminous bur-tn.-
orders from the southwest, where Il seems
crop condItlclS are worse, brought good
raIiles- traders argued that the specu-
!suFe demand Tor futures from that sec
Ion gave confirmation 10 the damage re-
ports In spite Of the better tone how
ever each bid was out OF line and cash
aE1sc 70 Ls4Sxc higher. at 717SG7zc, sold /
20 &c, e3sed 10 sl&IUSsc, ard then
sp , 10 9zlze. closing Arm, sc up. al i
l-14cI2sc- Local receipts were cars /
none OF contract grade. Minneapolis and /
Duluth reported Is cars. making total /
Tor the three points OF only 81 cars,
primary receipts were z34,01o bushels. COM \
pared 20 4ss.ece last year. Seaboard clear /
ances IN wheat and -four eQua3led AZ. eo9 I
against $500 bushels last year
Corn started out with a good show Of .
the strength that put prices up yesterday
receipts were very small and reports
from the southwest started good buying
kansas City and st. Louis did good buy
ing and their markets were Up. Shorts
covered freely and az one time IL looked
as II there would be a big bulge Cner-
lngS az the better prices and fair profit !
taxing brought repeated dips, which the
rallies only barely cvercanne- The cash 1
demand was much better ST Louis sell /
Ing fOr shipment "A. GO bushels out OF 4 /
sas CITY stocks were reduced $4,000 bush
els The temporary loss OF advance N !
prices was due largely TO an absence or
z vigorous demand. The late rally in
wheat helped materially. May corn sold
early at 5eit &c, eased 10 5s-s7SsSc and
closed barely firm. Sc up, at Sac Re
ceipts were . cars
Oats were quiet but were aided some
what By the strength in other grains. !
Receiving houses were early BUYERS but !
Tor time prices eased on a corn dip !
some support was given on the news that
the Illinois crop had suffered from the
cold weather and that much OF II would
nave 10 De re-seeded. Trade was fndff- !
-erent- Nay sold as low 1t 42Izc and
closed &c higher, at 421zc. Receipts, s.
,ars.
Provisions held firm against the de-
pressing influence OF weak hog mar
zet- Lard and ribs were in good demand !
,n supposedly improved cash sftua-
ion Pork a times showed weak spots
RS May pork closed &c up. at Sc 81.
Nay lard 10c higher. ar g 81 and Nav
lbs he advanced. at IS %
Estimated receipts for tomorrow:
N heat, 10 cars. corn, 2 cars, oats l05 I
.ars. hogs p oae head