The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-09-23

firm. small fraction in advance. The irmness
was in consequence of the inspected receipts here
turning out much less than had been estimated.
Inc estimated receipts were 16o cars and the
number actually inspected los. he general con-
diton OF the speculative SITUATE was unchanged.
me iea' ure of the day was the heaviness of the
Northwestern receipts. which at Minneapolis and
Duluth amounted to $40 cars, compared with only
$50 on the corresponding day of the year before.
Ihe speculative business was local in character
ana rather light IN volume Fearing the proba-
oilty OF heavy increase I'm the visible the crowd
was oearlsh aud all the more inclIned TO sell on
account OF the weakness OF corn. December
opohed 81 I4c and sagged TO 5tGSc, which was the
price WDen the minute warning bell sounded eau
ton TO prepare for tho close. The desire to sell
increased and 81 lac was reached near TO the end;
o412@} 4Ssc the closing price.
Cora opened hrm. but did not long remain so.
1t gradually became weak, then weaker and was
weakest at the end. stop orders were reached at
every 1sc decline below 52c Tor May. and as the
closing va ue was 52lAc there were numerous OPP
portunities for the stop loss orders 10 come into
play. The weakness was principally in conse-
quence OF the pressure TO sell september, which,
for the first time this season. sold at discount as
compared with May, and for the first time IN
about two months cash corn was cheaper than
ana 20.4O0 bushes by canal September was
worth 52?sc at the opening and 509sc at the
close while May declined lc from the highest to
the lowest price made to-day
Oats were active from the beginning TO the end,
settings still very urgent, mostly long stuff.
ana prices were again lowered. I he first symp-
toms of the decliue were not noticeable In the
start when brokers for Cudaby started to raid the
market IN heavy offerings. Inc genera dlsposl-
tion close. and the pr.ce OF May declined
from 3434c the opening price, 10 SAC, the lowest
point, at which price the market closed. decline
of 5sc. October ranged from z912c to zS5sc,
closing 7sc under the latter.
hog receipts being light and grain markets
rather firm at the opening, the first transactions in
the provision market showed some steadiness.
That state of ceiling soon exchanged for one
OF extreme weakness. Some orders on the decline
were reached in great plenty from the appearance
the offerings. and the packers led by brokers
for John CuQQhV, made IL loss orders
10 be reached. There very little recovery at
the close from the bottom prices. although good
de- OF covering of shorts was in progress during
the last fifteen minutes of the session.
1he leading futures ranged as follows:
Wheat No p Short Ribs per 100 lbs.
Highest Lowest Highest Lowest
Dec......S5s$c S4IaS I5cp.:.:.s 50 81 pa.
Lard pcr 100 lbs.
Sept. % 900 Corn No 3
Jan. 81 50 81 721a Oct. 521sc 6lAc
Mess PORK per DBL Dec......50s4c 4s7sc
Jan. .sl8 671a sl3 rs my '''''' '-'S'
Cash quotations were as follows: Flour
Winter patents. 81 5O@2 80: Winter straights
straights, 81 20@2 so: bakers. 81 1907; 10. :
Spring Wheat. 51Ts@527sc; No. ? Bed. $3.50
Mess PoTk b6 5rim sls i9 s71s sea-
Lard. p 100 rs IS 6O@s 50; Short Ribs sides
Noose), 81 BOOT 40: Dry Sslted Shoulders lDoxed),
So 81 as IS: Short Clear Sides fDoxedl. 81 so
@S WHISKY, distilers finished goods. p gal. 81 80
SuEarS-Cut Loaf unchanged: Granuatcd, IN
changed: standard A. unchanged.
ON the Produce Exchange TO-DAY the Butter mar
ket was firm; CreamerIes Is "a Z41ac: Dairy,
l4921c Eggs-Firm: 154l6c.
LIVESTOCK.
Hogs Receipts. 5000: official yesterday
1908; shipments, 7947; left over, about $500:
quality quite good for the last two or
three days; market quiet; prices weak and about
l5c lower.
sheep-Receipts 1900; market dull; prices I'M
changed.
Cattle Receipts, 5000; market quiet without
change