The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-09-20
Chicagn markets.

CHICAGO Sept. 19.-Bradstreet's increase OF the
visible supply was a weakening factor in Wheat
and free selling did the rest, other markets fol-
lowing Wheat. The first transactions of the day
in Wheat were at substantially the same prices
ruled at the close OF Yesterdays session. The
receipts al Chicago, Minneapolis and Duluth
only moderate but the total at the primary
western markets were again slightly over
million bushels Foreign markets were generally
quite steady, the exception being at Paris. Tele-
grams from Duluth this morning ported 90, 900
bushels as the amount sold yesterday. 800. 900 OF
which was to New Y Ork miIiers and 100000 TO
Baltimore trade. Negotiations for further lots
were said to be in progress al Duluth to-day, and
Minneapolis early IN the day reported a good de-
mand for cash Wheat at 5614c. Up to ~ O'Clock
the business done was small.
The local crowd was rather inclined to sell and
the orders from outside were chiefly TO sell De-
cember and buy May at SC difference. The ten
deucy was slightly downward bur nor untu the
Bradstreet's visible supply statement came to
hand did any marked inclination to sell become
general he latter reports showed 1921 600
bu shells the net in crease in the world last week.
year ago instead of a decrease of 10000 BUSH
els in europe and a1oat there was increase OF
ever, when tO-days figures were made known
and December, which had sold sparngiy at the
opening at 56H3c. declined in a moment TO IS 7sc.
The bears used the lever given them by weak
corn market and the increase in Bradstreets
visible supply TO impress their views on the un-
willing bulls. and in an excited struggle to find
buyers in the last ten minutes of the session the
price tumbed rapidly TO 55A@55ssc and closed
Corn opened on the confirmation OF yesterdays
estimated receipts to-day. The local crowd was
generally bearish on the unsatisfactory condition
OF the shipping demand Tho elevator people
were looking for buyers of round lots. but failed
to find any. and offers OF new No. 3 for December
delivery were much freer to-day than on any pre-
vIous day this season. The opening prices for
May were from 54Ssc to 5414c but 1t took only a
short time TO get IL down to 54c about 2 O'Clock
IL had further aceo ssion OF weakness and drOpped
to 533se. The pressure OF September corn upon
the mark continued TO be the weakening feature
of the situation, and the closing heayiness of
wheat was added help to the bears as the mar
ket was coming to a close. A further break to b3c
experienced about ten minutes from the
close. The local bears pounded the market
vIciously when they found 1t faIihg, and the cal
bulls and threw away their load as they fed
May declined TO 53c. or 1856 lower than it opened
ana 53G5 lac was the clos g quotation.
The business In Oats was OF a rather limited
character. although tho market was fairly firm at
intervals. May started at SO and gradually eased
Off TO 1898, where 1t cIOsed.
Provisions suffered in similar manner TO the
grain markets. but rather showed the way than
followed I'm the wake. Business was fairly GOOD
January deliveries, which almost absorb the en-
tire speculative transactions, ruled heavy, and
toward the close was slightly Danieky. The Anglo
American Packing Company started the selling at
the opening and continued TO press sales during
the forenoon. In The afternoon buyers could nor
be found except by the seller yielding bout five
cents from the rate OF the previous transaction I'm
the article he wished to dispose OF. January
Pork, which closed yesterday at $l4 O7Ja sold
to-day low as S13 771a. and closed at 8 8 S2I6
Lard dropped from IS l712 to So. and tue latter
the latest trading price. Ribs opened al
81 Is, but declined TO 81 021a, and closed AT
81 05.