The morning call., 1894-06-09
Chicago Markets.


CHICAGO, June SIT was a wild day in Wheat
with prices rushing franticslly up and down in
long jumps. influenced on the one hand by higher
cables and buying and on the other by liberal SELL
ing. Trading very heavy and July closed
with gain of 21sc.
Corn closed lose higher, Oats 234c higher an d
Provisions at slight decline
The Wheat market opened with I@l14c ad.
vance and soon sold Gown 5s924c. rallied 1880
l14c, eased of sc, then advanced l1sc and
closed strong. The cables were little mixed but
generally higher early public adYices quoting spot
firm and 1sc higher and futures up 1a@Szc. Out
side business was heavy ana the market continues
to broaden, New ork being the heavy buyer.
There was a rumOr that the Missouri State re-
port showed n falling off in the condition of
II points during May. and this caused a good
DEAF of excitement, but later IN the day
announced at 79 against 81 last month,
a decline OF points. Around the top prices of
Washington forecast OF rain in Kansas and the
Northwest causing holders to unload. Wheat
changed hands rapidly IN large quantities,
feature OF the trading being buying by Pardrdge,
VINO has been q prominent bear.
The fluctuations were frequent and sharp.
There was heavy trade in Corn, fluctuations COW
erlng 1890 10 1850 range. The market was strong
on an urgent demand and scarcity OF offerings.
Oats continued their sensation, lc advance be-
ing very strong within l@lI5e limits. Unfavor-
able crop reports were the bun feature.
Provisions were very dull and slightly lower on
selling by packers. The advance in Wheat kept
the market steady. Compared with last night
July Pork is 215c lower, July Lara sc lower ana
july Ribs unchanged
7 h. leading futures ranged as follows:
Wheat No. 3 Corn No. .
Highest. Lowest Highest Lowest
June. ....0919c 5755cJ une. ...4l3sc $685.
52zse ~ sept sept 951s sS 4 4O5to
2 sep5 e g re hs5d per 100 IBIS
Me-. Fo't . per g g
Sept..S1z 1212S12121aI
The cash quotations we're as follows: Flour
3 spring Wheat. nominal NO. Red. 5914c:
No 2 Corn: 4l1sc; No. 2 oats, 42s4c; No.
Rye. acc; No. Barley, nominal: No 3. 52c; No
4, 52@53c; No. Flaxseed, 81 3l14: Prime Tim
u 021a: Lard. p 100 lbs So 67La@6 70: Short
Ribs sides OoOseJ. So 80 a So 321h: Dry
Sailed ,,,o shoulders too1edl. s. say "a s71a
distillers' finished goods. p gaI. 81 Is
on the Produce exchange To-Day the Butter
market was hrm. Eggs st ady.
Cattle.
Cattle-Receipts, $500: steady; prime to extra
native steers, 50 S0@5 10; medium, 81 $50
90; others 81 oSgg4 90 30; Texans, 50 5594 %.
closed a trife better rough, heavy, 81 25a
90; packers and mixed. 81 1904 rs; prime
heavy and butcher weights. 50 1904 so; as
sorted light, 81 1904 so.
Sheep and LamUs-Receipts, 5000: extremely
dull; everything lower except few tops; top
sheep, s404 rs; top lambs, s4 80; few at S.
Bradstreets Review.
NEW YORK, June S.-Bradstreet's tomorrow
will say: Nearly all the unfavorabe business con-
ditions of the past three weess continue to exer-
else an influence. The few exceptions where i'm
prOvement is noted are of practically local i'm
portance. Retail trade at many centers has
been interfered with by untayorabIe wealth err and
by further restrictions Of the purchasing power
OF thousands of geearuers by further Industrial
trouble or by shrinkage in products. Failures do
n ct increase materially in number OF Importance.
the total being 2O7, compared with 1873 last week,
293 IN the week year ago (when the commercial
and financial disturbance beginning TO make
itself felt. The seesaw of prices tips in the Oh.
posite direction this week, most strikingiy in ce
reals, oats having advanced 5jl, wheat 35s and
corn rs; potatoes are zoe higher, pigiren is up
sharply at ST. Louis and livestock at Kansas City
has advanced
Conspicuous decreases in the price OF staples
reported are n leather and wool, due to heavy re-
ceIpts OF the new crop Al the large Eastern CEN
tiers there is Improvement In general bus ness.
New England cotton mills continue 10 produce IN
excess OF the demand. There are evidences OF
improvement reported at the West AT Louis
vile there is more demand for groceries. and leaf
tobacco is quite active, good business being re-
ported There Is more doing among ioDbers in
hardware in Chicago. although the Interior mer-
chants tributary TO that market have not begun to
buy IN advance OF actual needs, and on the other
hand she spread OF the coal strike has checked
business there.
Available Wheat in the United States. Canada
and afioat decreased more than 10 200 900 last
month against an average decrease In the month
OF May Ia I'VE preceding years OF about 5000 900
bushels each year. Five months decrease of do
mesuc and Canadian wheat stocks in 1894 is a
nlgh average compared with ike proportions OF
nVe preceding years. Notw thstanding these
blbits Bradstreers returns point TO an aceumuia-
lion Ia the United States and Canada of 80 ,OOO,-
OOO OF wheat on June !. only $500 bushels
less than on June l year ago. and twice
or three times as much held
tune In several preceding years. Exports Of
wheat United States and Canada. both coasts, for
the week ending June Z equal 2,742, 600 bushels
against "a OO,OO0 bushels Ia the preceding week
ana 5,GlO0OO bushels In the week a year ago
and 3.052,OO0 bushels In the Ike week OF 1892.
special kilograms from Leading trade centers
thr ougbout the Canadian dominion have con-
tinued 10 grow somewhat unfayorahle from week
TO week within month two.
The number OF business failures in the do
minion this week is 81. against 3b last week. 36
in the week year ago and "a in the week 4 year
p