The morning call., 1894-09-08
Chfcarn Markets.

CHICAGO, Sept. THE public cables do not
otfer sensation, but to-day's dispatches TO the
Board OF Trade proved exception. Two car
loads Of Russian barley reported ready for
shipment TO New York at price equivalent to
about Acc for as pounds, duty paid ex-vessel at
the latter port. That Russian invasion at New
York was OF much advantage to the bears in the
grain market.
Corn dropped &c per bushel for September ana
October delivery and wheat brought from 5S1sc
for December down TO b!@571sc, closing CSC
lower than yesterday. September oats finished
lower and provisions closed practically un-
changed.
Wheat averaged strong during the forenoon. 1t
opened with an addition to yesterdays closing
price for December at from Il to 3sc per bushel,
but had some little difficulty in maintaining the
advance owing to occasional lapses of the corn
market. Business was heavier than on the day
before, but it was far from reaching its usual au
tumnal gait.
slight indications of falling of 2l4 carloads being
all that was reported here, 34S Minneapolis and
% at Duluth. The aggregate receipts OF 99S.OOO
pushels at the principal western markets was,
however still too close to the 100000 bushei
mark TO be of much comfort to the bulls from any
railing OFT In farmers deliveries. matter which
caused considerable q Squietude TO the bulls IN
both wheat and corn was the reported sale OF the
cargoes OF Russian barley at odessa for shipment
10 New YORK. Whether barley is being imported
Tor feeding purposes or for mating, as claimed by
some. u Will IN any case set Tree an enectual
quantity OF American grain for one or the other
OF these purposes, and thus It's effect became all
the more bearish The longer it was considered,
and finally broke both corn and wheat.
The opening price of December at from 5Sc
| TO bS42c, ana after that the tendency was down
| ward 1t did not suffer much NTH alter the hours
! OF the session had passed, but it broke bare
after that, losing all but about 1se OF yesterdays
advance, the closing quotations being 57g57 1se.
he corn market opened with continuation OF
the buying fever, which struck the crowd yester-
DAY afternoon, but in the course ofthe session the
speculative wind veered completely around and
| prices had severe break. September corn sold
| early at 5S1oc and May opened at 561s9956 b2c.
Later, alter the sensation of the day lad worked
| itself well into the understandings OF the crowd
here anC the outside people TO whom it was tele-
grAphed, the market broke badly. September
dropped to 5612, october to 557sc ana May to
% 14c, and there was but little subsequent recOv-
! cry. Some OF the country holders realized profits
! on the opening, but the local contingent sold
| heavily. Closing prices TO tie bottom
| OF the DAYS range at 5S5sc for September. 5614c
| Tor october aud 55 I49553sc for May.
| FOR the hfSt time Ia loIZ while The Oat market
prices were steady 4 shade irmer,- but. instead
OF go NJ still higher with the 4 etuatiOn in corn.
| they gradually declined There were but few
! buying orders. and the outside points especially
W ere prominent in selling, consequently the de-
cline. September opened at :5U1sc, sold to 3014c
and weakened TO soc, closing at 29 3sc.
The provision market was quiet but firm, aud
did not take fright ike tue grain markets at the
Russian INVASION Hogs light at II, 900 head,
and only 1000 are looked for tomorrow. Prices
for the products were rather inclined TO advance,
but in the end closed without change except as re-
CARDS January PORK, which Is Sc lower.
The leSuIng futures ranged as follows:
heat M o Ghort ptbs ~. m 81.