The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-02-09
CLOSE 0F Dull MEEK
Grains Have Weak Showing
for The Last Day.
CLOSE Is LOWER AGAIN
Wheat Leads Off With Narrow
Monotonous market

Chicago, Feb. s.-Grains closed a some
what monotcnius week OF speculation IN
much the same fashion OF the DAYS previ-
Gus weakness n coarse grains brought
dips all around, but the revival Of some
small strength in wheat bucyed the
markets Up late In the day. Nay wheat
closed &c higher May corn SC lower and
May oats &c down. Provisions closed
unchanged 10 sc lower.
The narrow up and dowr market In
wheat that has characterized speculation
in that cereal for some time past began
again az the opening today. Wheat had
TO defend itself from the depressing in
duences Of lower cables and the coarse
grain weakness that still made itself man
fest. Weather conditions also were
against the bulls and al the start 81
Louis commission houses sold lperallS-
Nav opened p 10 nc lower. at IA e .lesc
TO 77ssa77kc, but at orce began 70 show
signs OF Independent strength. Comm Is
sion houses had some orders, late sncTts
covered and the loca. crowd began 10
buy. May soon touched 7Sc. but on recur-
rent weakness in the coarse grains easec
CT at times. Al the close, however May
was firm, Alc up, al .s.s4 &c. SS-eapts,
z cars, one contract minneapolis aIu
Duluth reported go cars, a total for the
three points of 301 cars. against ~ last
week and 40S year ago. Primary receipts
we're 5000 bushels, against 4O4,,Sy LAST
year Seaboard clcarancss eQualled 80
COO bushels. Australian shipments fSr the
week were $4,000 bushels. oomparcd With
1.079,01G bushels last week and 254.Ne
year ago
opened business today and its recoN cry
was slow and labored. For short tine
after the opening. which was weaker on
lower cables. It gave evidence OF delAg
better. But Kansas City, which Until
recently was one OF cOrns best trieE1s.
turned against Il again today and took
q good deal of its life away. Inc STERN
center of the corner buils mas Dee,t az
Kansas City. where there mas been
stored considerable quantities 10 be
sure, the recent light receipts AZ tha@
mart have resulted IN cleaning up much
Of the stocks bur uneaSineSS IS sui ieit-
Both Karsas City and St. Louis report
ed the southwest weakening on the corn
proposition, and the best people there
were selling. Receipts at the former
point which Of late have been running
away below the shipments. turned tatieS
today and easily outran the shipments.
The local pit was crowded the early
part OF the short session and selling
pressed prices down May. which opened
i TO &c lower got down as low as ol54c
after having sold previously at O. cents.
Later the market rated dull, shorts COW
cred and with wheat May reacted weak
" closing weak, ssc down, at 5lSsc. Re
ceipts. - cars.
oats had a nervous shifting market,
the opening TENDENCY Was ueciuSuls ISH.
ward, following the corn weakness At
the start oats were the weakest on the
floor There was heavy selling by COM
mission houses early and prices lost near
IL l cent Later a reaction carried the
market up TO yesterday 5 last price. May
at one time sold as low as 42asc- There
was fair amount OF trade. but the
corn weakness held prices down. May
closed rather weak, &c lower, at 45lic.
Receipts. 65 cars.
Provisions we're dull and easy. The
opening was lower on large run OF hogs.
The cash trade was fair and packers did
some small buying. Prices fuctuated mar
rowlv May pork closed sc lower, al
SIS. s.: May lard 2isG5c lower At s. IS. and
Nav ribs unchanged ATS 52i5.
Estimated receipts for Monday: Wheat,
10 cars. corn, 90 cars; oats, l05 cars; hogs
Il 600 head.