The morning call., 1894-10-10
Chicago Mark cts.

Chicago Market
CHICAGO, Oct 9.-The markets were all moder
ately inclined to the bear side to-day. Wheat,
Corn. Oats and Provisions suffered from tired
feeling and were sympathizing with what was
said to be a forecast Of to-morrow's Government
crop report and rumors concerning the condition
of the Gar of Russia. The crop report according
to the alleged forecast is to be bearish. The
Cars death, which was apprehended, was consd-
cred buIish. Wheat lost 1sc only, but Corn suf-
fered the extent of 7sc for October and IN for
May May oats closed 5Sc lower and provisions
at slight decline.
The discoura cement OF yesterdays increase or
1900 600 bushels in the visible was still working
on the crowd this morning For over half an hour
the market was very weak. IL was about steady
for ten minutes at yesterdays decline, but after
that and fer about thirty minutes IL became very
weak. December, which closed yesterday at
$500, opened at that this morning and touched
54Isc for All instant. IL worked gradually down
to $3.50 and then fell rapidly to 53c which latter
price II reached about 1880 A. NJ. May was raised
spread OF 514 C.
The Northwestern receipts were again heavy,
$50 cars being reported at Minneapolis and
Duluth. Here the inspection showed lis car
loads. The foreign wheat markets were quoted
easier at the opening. The Baltic and Black sea
and other competing exporting countries, ex-
elusive OF INDIA. shipped 2,Soo.O0O bushels OF
wheat and flour last week. including 3.S45,0O0
bushels from the United States, and 6, 14S 900
bushels were put afoat last week. Liberal North
western receipts and the weak tone of the cables
were matters which, along with the still growing
visible supply. caused the easiness At the opening
Later it reported that the Government state
ment tomorrow would state the yields of wheat
per acre at such a rate as would increase the
official indication of the total crop TO $50. 90 900
bushels about $4,000 900 bushels more than 1t
hau previously suggested.
Increased pressure which broke December to
5314c, the first time 1t got there. 1t was reeov-
cred TO 533s(95S5sc, declined again TO 53i4c,
with sale OF a small lot at 531s@5314c and had
reacted TO 531sc, which was bad when Brad
streets visible supply statement struck the mar
ket and Knocked a small chip of it. II sold off
53Aep553sc at the time referred to. Bradstreet's
~ q a an
$4,000 bushels Increase on the Pacific side, and
an increase of $4,000 bushels afirat for and In
Europe. Rumors con corning tho Gar of Russia
were numerous during the session. and the
close ii was spread about that he dead There
is diSinelination among the crowd TO remain
short over night, and some coverings the
close resulted in advancing the price OF Deem
Der to 533sc, at which 1t closed May resting at
5S14c bid.
Corn acted in sympathy with wheat. The re-
ceipts were considerably heavier than had been
estimated, but were far from being heavy. The
estimates yesterday were IS cars and Us cars
were inspected Estimated receipts Cor to-mor-
row were 100 The Government report it
was said would show the crop to De s much bet
ter than on the month previous that 1t would in
dictate 90 900 600 bushels more than it did in the
total yield. A little business was done in new
No. to arrive in December at 5In.c under the
May price and in y O. yellow al sc under Busi-
ness was active with a general downward ten
dency up TO the middle OF tue day, and had highly
Teactionary tendency after that. May opened
from 60A TO 5U5Sc against so a o50c at the close
yesterday. 1t fuctuated around 50L 2@15O5sc, and
then dropped TO soc. when wheat was at the weak
4.
prices hardened in the last few minutes aud closed
at 501ac for May and 5l1ac for October.
Oats were active through the entire session,
and Influenced by the uneasiness in Corn also
were quite weak. Considerable long stuff was
ket. created good share OF the uneasiness. Quite
q bis business was transacted. Orders were fairly
good all day, and sellers were numerous. The
stocks of contract oats In store showed an in
crease of $4,000 bushels in last week, and may
have had something TO do In the bears favor.
May started at 33s4c and sold down to $50. clos
ing at SO &C.
The receipts of Hogs wers only IL 900. but the
provision market did not receive any benefit from
the smallless OF the
The weakness OF thetgrain markets caused a
were some half-smothered indications Of a de-
sire to unload some long stuff had the market
been broadened, but asit looked unable to absorb
much without breaking badly. the offerings were
tempered to the capacity OF the market. Hog re-
ceipts for tomorrow are estimated at $4,000
The January deliveries at the close showed the
following losses since yesterday: Pork, 71ac:
Lard. sc. aud Ribs l2Lsc
The leading futures ranged follows:
Wheat No. q Short Ribs per 100 lbs
Highest. Lowest Highest. Lowest
ct...".5l5sc sic 0ct... So 20 So 57IS
nse ,..SsSS e S Sss JAM Sc A2s So S71s
Lard per 100 lDs- Corn No. 2
Oct..... = lOct.......514c bO5Ac
jan. 81 35 so Nov.....6I4c 5O1bc
Mess PORK per DBL Dec...,.49Lsc 4S3sn
Jansl2 10 s12 571s May .5O1sc SOC
Cash quotations were follows: Flour-Easv.
No. 2 Spring Wheat. 545s@155ssc: NO. 3 spring
Wheat. nominal; No. Red. $3.50 521sc; NO
Corn. sic: Prime Timothy Seed, S5 80; Mess
PORK. y Dbl. sl2 75@ls: Lard. y 100 fbs ST 65 !:
Short Ribs sides (loose). Sc 65td6 70: Dry Saited
Shoulders fDoxedl, so3s@6Ia; Short Clear sides
fnoxed). $79e7 l212; WHISKY. distiilers' finished
goods. " gar. 81 20; sugars-Cut Loaf, g. zoe:
Granulated 4. soc: standard A, 4.44c.
ON the Produce Exchange to-day the Butter mar
ket was steady; creameries. lh@23c: dairies 10
@l5c Eggs-Steady; l6l4@l71ac.
LIVESTOCK.
Hogs-Receipts. $4,000: Official yesterday, 90
$50; shipments S247: left over, shout 5000.
market fairly active; good grades steady; com.
mon shade easier
Cattle-Receipts, 5000: market moderately act
i've: prices unchanged: stock and feed ers SON
3 SO; natives. Sl@6 20: Westerns, ST. 5O0f so.
Texans. ST. 25@}3 SO.
Sbeep-Receipts. $4,000; market dull; supplv
in excess OF the demand; prices 5@l0c lower;
lambs 81 5094 80