The morning call., 1894-10-05
Chicago NJ ark cts.

lineage markeIs.
CHICAGO. ILL.,, Oct. 4.-The apparent collapse In
the European war scare made the grain markets
firm to-day, closing with Wheat lie higher and
Corn lc higher for October and l1sc higher for
May. Oats show gain of Csc. Provisions marred
the general harmony by acting weak and closing
lower.
I he Northwestern receipts at country points
were reported to have fallen off about % per
cent. Spring " heat was in GOOD demand.
Wheat opened firm on what the shorts saw in
the morning papers on war. While that class of
buying received little stimulus from the cause
referred to. buying for the long account did not
seem inspired by it to any extent. English Con-
sols recovered some OF the decline of yesterday.
Liverpool was he avy 10 firm at the opening for
wheat, and Paris and Berlin were likewise quoted
a trfe igher. The bulls observed the rece pts at
Minneapolis and Duluth were e29 ears and that
spoiled their appetite for the time being. The
buying shorts were numerous enough.
December Wheat opened with buyers at 53Lzc,
Kept within the range OF that and 50 12c Decem-
Der. however. gradually weakened until there
sci lers for matter OF ten minutes at 531sc.
just then IL began to be whispered about that
500 900 bushels OF No. 2 Spring Wheat lad been
sold mere for shipment, ana that caused Lively
scramble among the shorts for the offerings, and
December was bid up to $3.50 The primary re-
ceipts gave further evidence of the approach OF
comparative scar ity. They amounted to only
10000 bushels. Export clearances from the
Atlantic ports were light, amounting to only
294 900 bushels in Wheat and Flour together
Second cables reported Berlin lower. but prices
FAC higher since yestcr iay for Red Winter What
was taken for confirmation of the sale OF 800. 900
bushels OF Spring Wheat gave the market an other
hoist, December touching this squirt $500
$3.50. The confirmation referred to was the
naming of the reputed purchasers, Edgerton and
Wiuans.
Armour & Co.'s name was mentioned as There
ported sellers of wheat This stimulated buying
and another rise to 541sc TOOK place The mar
ket ruled strong to the end for December at 5s14c
and closed at sac. Reports of much smaller re-
ceipts at country points on the Northwestern to-
day WAS element In to-day's bullishness.
Receipts of corn were light, 81 cars, ana only
receipts and active demand for near deliveries of
corn conspired to make strong market for it.
rose to 5u1zc and closed at the latter price. May
opened IRE guarly at from 5014 to 5012c, and
after fuctuating during the greater part of the
forenoon between 004c and 4956c it became
very strong and sold up to 5i1ac and cosed at
5O5sc bid. Country offerings were reported TO be
be showing more desire to buy. Business In a
speculative way WAS fairly active.
In oats there was large amount OF stuff chang
ing hands and quite big advance In prices The
frmness IN corn. together with generally good
disposition to buy, were both influential In caus-
ing values to advance. Sellers were quite numer-
Gus, but the buyers principally shorts. were con.
siderabiy in the majority. rading was most all
scattered. Carilngton-H Hannah bought freely.
May started at 3sc higher than 1t closed yester-
day at $3.50, sold down 80 1850 and up "a 14e.
weak hog market and strong opposition to
an advance In pork by the packing interests
caused weakness in provisions. business was
rather light and offerings not pressed in large
amounts Pork broke zoe, lard 22lac and ribs
l5c. Later the strength In grain helped to some
Improvement and the losses at the close amounted
to 715c only In pork and ribs and loo in lard log
receipts were "a 900.
The leading futures ranged follows: yeex
Wheat No q Short Ribs Dor 100 lbs
Highest. Lowest Highest. Lowest
Oct.......52c 5G1sc0ct.. -. So 85 $8 90
Dec.....54l4c 63r jan, .-..S6 521a ST 37Ia
May. ..595Hc 5S4r
Lard Der 100 Ibs-- Cora No q
Oct.....$7 90 So 50 lOct....... 50Iac Assoc
jan. 81 421a 81 20 Dec...... 491sc Al lac
Mess PorS per bDl.- May, 5l1sc 493z
Jan.Sl2 S5 Sl2 521a
Cash quotations were as foiows Flour IN
changed: 10 Yellow Corn, 50lac; No. Spring
Wheat. 54955lac: No. Spring Wheat, nom mai:
No. Red. 61s4@52ssc: No. Corn slice:
Prime Timothy SEED. So 80: Mess PORK. " Dbl.
Sl2 S715@l3: Lard. y 100 fbs 81 67L5(d7 Use:
Short Ribs sides 0oose). Sc s5@6 50: Dry Sailed
shoulders fboxedj, SIS "a ta@6 421a: Short Clear
finished goods. = gai. 81 80. snsars-Cut Loaf,
unchanged: 6ranuiated unchanged: Standard A.
unchanged.
ON the Produce Exchange to-day the Butter mar