The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-09-11
TRADING WAS
CONSERVATIVE
Weather ConGt,ons, However,
Favored Liberal Selling.
CORN AND WHEAT HIGHER
Oats and Provisions Were a
Shade Lower.

Chicago, Sept. 10.-Speculators in the
grain markets traded conservatively to-
day pending the issuance of the govern
ment crop report Weather conditions
were SUFFICIENT TO start liebral selling ear
ly in the session. but small receipts of
wheat. short stocks of corn and good sup
port in oats kept prices steady. Contract
grades were almost invisible and tended
TO aid the markets At the close of some
what dull trading December wheat was a
shade up. September corn sc higher, De-
cember corn 5sc lower, September oats -
Q14c up and December oats hrade high
er. Provisions closed 21kc to 11zc lower.
Scarcity of spring wheat was the prin-
cipal steadying factor in the wheat pit.
Gables were irmm, but the weather was
about all that could be expected. An at
tempt was made early to break prices by
sales Of 800, 900 bu by a leading elevator.
The fact that there was no appreciate
slump on this drive seemed TO indicate TO
the bulls a strong position Of the princi-
pal grain. In consideration of this in
fluence and the small northwest and pri-
mary receipts and a developing good ex
port demand prices rallied. The charac-
ter Of the buying after the early pressure
was very good, but fluctuations were mar
row. December started gaze lower to a
shade higher at S1sc to 6Sssc. sold TO 6Ss4c
and closed steady shade up at CSC. Lo-
cal receipts were 1S4 cars, six OF contract
grade. Minneapolis and Duluth reported
963 cars, making total for the three
points of 547 cars, against 945 last week
and 1.1S0 year ago. Seaboard clearances
in wheat and flour ejualled So. 600 bu. The
seaboard reported $50 loads for export.
The absence Of any damaging frosts in
the corn belt stArted a small early sell
ing movement n corn. Cash corn had
fallen off last night and this was some
thing of a reason for lower futures. Coun-
try offerings. however, died up apprecia-
bly, and bids for more stuff started a
frmer tone. - prominent bulling gave
support 10 the corn. especially September
stuff. Cables were steady. The govern
ment weekly report told Of good advance
ment toward m6turity. aLte in the day
some realizing sales took the edge eff of
late futures. September sold between
57lac and 5s12c. and closed firm ssc up at
5Sssc December closed easy sc lower at
z2&G43c Receipts were 102 cars.
Oats received a fair support by lead
ing professional and prices were helped
against possible slumps on the weather.
Long holders had small offerings but
they were taken in by commission houses.
Early trading was fairly active and bull
ish, but later this fell of and buying was
largely of a scatping nature. Strength in
wheat and corn and lighter receipts. to-
gether with muph larger clearances. were
the bullish factors. September sold be-
tween 3iikc and CSC and closed firm IsQAc
up at 34ssc. December sold at Sls4c and
closed steady. shade up, at 312sa31lzc.
Receipts were III cars.
Provisions wea-e very dull and ruled
weaker. Lower hogs and little outside
selling were the influences. There was
only small support at times. January
pork closed 7l7c- down at S14.S71s: January
lard 2l1c off at sS.s71s, and January ribs
PIC lower at S7.S2I2.
Estimated receipts for tomorrow:
Wheat. 70 cars corn. 100 cars: oats, 200
cars; hogs. 5000 head