The morning call., 1894-10-17
Chicago NIar1efs.

CHICAGO Oct. 16.-Nheat slid down ward TO-DAY
until it had made new low price for December at
5l%c. Then, aided by buying by shorts and
ports OF cash business, the market reacted. Decem
Der closing steady at 1sc higher. May corn closed
12c higher and May oats unchanged, but provis-
ions were weak, finishing at a decline The new
low price for December wheat was made soon
the regular trading commenced. The opening
trades were principally at from 5 7s CG52c with a
sale or two at s. 5-@521sc. Another shave was
taken off the undeisGe Of these quotations before
any Improvement WAS made When 1t began
recover. it was under the lead of the corn market
which W the FIRST TO give signs OF returning
reports from outside markets were discourag ing
to the bulls. Some demand for cash wheat was
reported early In the day. but did not exercise in-
fuence until it added to the recovery
Receipts OF corn were 2i5 cars. AT Minneapolis
1856 carloads were received. and ut Duluth SS4,
making 1920 cars against 929 cars year ago.
irimafy market receipts were 900 bushels.
E1p1r' cIearanees Oh wnea n apd h9uI rom the T
Improved TO 521s95.i4c, with several reIapses
TO its falling sickness which sent IL back again
several times TO 52c, but II was IN one of Its firm
moods near the close.
There was considerable buying by shorts at the
close and the market finished steady at 5214c.
The corn market opened firm, but the shorts
were Inclined TO take their profits and some i'm
provement in prices followed. principally from
the same cause. There was, however, very small
offerings of cash corn to go 70 stare and there was
some demand for II. The inquiry for No. new
and No. 5 yellow to arrive was somewhat better
than 10 was yesterday. About 5000 bushels W ere
placed ut the following discounts under May
prices: For November, 40 3, 4Ac under: No
yellow. &C under; for December No. $, 6c under;
No. yellow. 412 under.
The receipts were PA cars or 50 less than est,
mated and for tomorrow tho estimates only
100 The latter was one Of the bull points Of
the aay. May opened at 4STsc. with a limited
trade at S34c. 1t held for over hour between
4s1s @491sc, and then improved TO 49149493sc,
oats opened weak I'm sympathy with the early
tone OF dependency In wheat and improved later
were about as estimated. The opening price for
May was 321sc, and subsequently 1t sold as low
as 81 1sc. III rose to 3214c, Huctuated between
that and 32c during most OF the session, but rose
near the close to 32!4c again and closed with
Weakness ruled In the provision market and the
opening prices were at declines from yesterdays
21ac in RIBS At the close the following were the
reductions established; In Dork. l2I Iac: lard aud
Hog receipts were heavier than looked for. be-
Ing $1,000 head instead of $4,000, as estimated
For tomorrow the estimate is $1,000. The in
creasng celpts bearing out the predictions
OF the packers and the reason for the declining
tendency In provisions.
The leading futures ranged follows:
"heat No. q Short Ribs per 90 lbs
oget,...~;5O3lo 5oNd2ct.... So s51s IS So
Hay.....S7He SsS...,77 Ss Ss3.e 'A'' 's0 50 So 22A
y Lard per 100 iDa- Corn No 2
jan: SO s7i5 Sov.."..4efso ls4sc
1s1 sig 80 &ssc 1885
Cash quotations were ioilows: Flour steady:
No. Spring Wheat. 541S@55i4c. No. Spring
Corn. 49l4c; Prime Timothy SeeG. SIS so: Mess
PORK. y bDi. Sl2 5U@l2 10: Lard. 100 fDs
- "a -; Short Ribs sides Qoose). So 650
8 20: Dry Satec shoulders fDoxedl So l2Ih60
b %: Snort Clear sides fboxedl. So I21b@T:
whisky. distiIlers finished goods. y gar. Sl %:
suRars-Cut Loaf, Unchanged: Granula.ed un-
changed: standard A, unchanged.
On the Produce Exchange to-day the Butter mar
ket was firm; creancries 14@23c; dairies, l360
20c Eggs-Steady; 16la@l71ac.
LIVESTOCK.
Hogs Receipts, 24,003; official yesterday
34.663; shipments, 9525: left over about
5000; quality iair; market quiet; active but
weak and sG1l0e lower than on Yesterday
Sales ranged az 50 5uos5 Is for light Sd 5O0al 10
forrough packing, "a 6O15 10, for mixed 81 756D
5 80 for heavy packing and shipping OTIS. and
81 1904 IS for pigs.
CattIe-Receipts, z4,o00; market dull and weak
and 5@l0c lower; scslawag cows. 81 rs: steers
SO 20.
sheep - Receipts, $4,000. Fairly active and
STEADY for good grades; common, weaker; lambs
81 1901 45.