The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1902-01-05
GRAIN PITS BJLLED
Cash Strength Gives New
Strength to Bulls.
DAYS CLOSE Is HIGHER
Trade in Wheat Is of Same
Character as Friday.

Chicago, Jan 4.-Cah strength fl wheat
and corn and Z considerable revival OF
outside buying buned the grain pits to-
day and in spite OF the usual Saturday
evening-up brought a close very near
10 top prices along the line. May wheat
was up 5-sG3-4c. Nay corn I-2G5-sc
higher and May oats 3-S01-2c advanced
Provisions closed 1-2c TO 1oc higher.
The trade IN wheat was largely Of the
same character as yesterday-nsrvous and
active with traders generally somewhat
skeptical as 10 the genuine strength OF
sured. however. upon the appearance Of
an abundance Of buying orders in the pit
Liverpool cables were advanced, but as
little reflected the condition here yester-
day as they did yesterday OF Thursdays
depression. Antwerp was unchanged,
and Paris well ID. consequently some
small attention was given 10 the foreign
situation and prices advanced a little
under the influence OF outside buying.
Reports from the southwest stated that
winter wheat was bringing more IN It's
principal region Of growth than in Chi
CagO. On the other hand excellent Mani
toba wheat was being offered delivered
at Montreal al the opening OF navigation
for SIC. Receipts were small. though
weather conditions were improved. When
the commission house business began 10
pick Up, scslpers came IN the market
and trade grew heavy. IN spite OF Sat
urday realizing Nay sold up 20 s. I-ac
and closed strong at that figure. Local
receipts were 81 cars. none OF contract
grade; Minneapolis and Duluth reported
go cars. making q total for the three
points Of 326 cars against 40 last week
and $40 year ago. Primary receipts
bushels the corresponding day last year
Seaboard cleaTances in wheat and hour
ecuaIled 10000. Australian shipments
were - COO bushels compared with ZiS,-
GOO bushels last week.
Corn opened strong and maintained its
tone throughout the sort session The
speculative market was broadening motto
eably. outsiders were bying and the rest
ing bears began TO wake up Shorts
became doubtful and covered and when
the cash situation was reported improv-
ing prices began to advance. Liverpool
cables were up. based largely on poor
receipts from the Danubian county.
Country acceptances on Chicago bids
We're small and at the same time corn
offered from here TO New England points
was accepted. Receipts were small and
il was said that the country offerings
were drier up again. May sold up 20
81 1-2c. Toward the close commission
houses sold for profit and scalpers en-
tered the marking easing prices slightly
May closed strong. 1-2G5-sc higher at
e. 3-SQI-2c. Receipts We're 80 cars
Oats had a fair trade. the market
working IN sympathy with other grains
On the hard spots The northwest as well
as St Louis had them for sale. Scalpers
and local interests bought them The
advance which began with the opening
was a result OF the cash improvement and
good speculative buying BY commission
houses and local traders Receipts were
light and cIearances fair The selling
was not enough 10 take the edge of the
market and May which sold up to Is &c
closed strong, 3-SGl-2c up AZ g 5-SQ5-ic-
Receipts were = cars.
Provisions were dull and steady. Lard
absorbed much Of the attention. There
was some changing OF May for January
and some small outside buying of pork.
The hog market was dull though the re-
ceipts were light. May pork closed 1oc
up at N7.s7 -: Nay lard , lie higher at
1897 IL and Nay ribs 1-2c up at 3 - -
Estimated receipts Monday; Wheat 80
cars: corn, 135 cars: oats rs cars; hogs
Il eco head