The morning call., 1894-08-01
Chicago Markets.


CHICAGO, July 31.-Corn hesitated in its sensa-
tionaI advance to-day and was 1c lower at the
finish. Good rains in the corn belt and the pros
poets of more caused the decline. Wheat was
weak Influenced by corn and heavy receipts, and
closed with loss OF "a. oats closed Ic lower
and provisions with but little change.
In wheat there was active trade during the
early hours, but later the market became rather
quiet. The feeling displayed was weaker. Open
ing trades were at 5314c for September at 5s@1s
decline. and after selling of q fraction more ad-
Vanced "a, then broke 11sc, rallied 3s, changed
some and closed with September at 535sc. The
weak opening was influenced by the break in corn
and the rains, the crowd selling freely. ana the
market became oYersOid, a lew buying orders,
starting the snOrts to covering, which caused the
early advance. There were fresh lines put out on
the rally, the movement at the winter wheat points
aud big receipts in the Northwest being over
twice as large year ago at Minneapolis aud
Duluth. acting as depressing factor.
Another .bearish feature was the ehsrterng of
two cArgoes of wheat at Toledo for this market.
about 20U, 900 bushels, and there was also talk Of
bringing W heat here from Detroit but this lacked
confirmation. Gables hrmer, but only responded
to advances here yesterday. The principal bulIish
factors OF the day were the heavy exports, the
total ciearauces of wheat and -four footing up
$4,000 bushels, of which $4,000 bushels was in
-four.
There was less excitement in corn ana not so
much anxiety displayed at the situation lecoming
more settled, influenced by better prospects for
the crop. outside buying orders were much less
numerous. but on the contrary a goo1 deal of sell
lag was done for the country The general tone
was easier, and lower prices ruled from the start.
1he marker opened with considerable nervous
ness. with trades at l3s9l84c decline at 514c for
September, and gradually rallied l4c for ep-
tember aud / 1sc for May, worked back l@l1sc.
ruled steadier and closed AT September. 456sc.
Local longs were more inclined TO take profits
and rather more disposition displayed the
being more general that the crop will be an aver
age one, with the yield in some States ottsettng
the deficiency in Others
oats were easier In sympathy with Corn. The
range of the day was "a C Tor september.
Provisions opened weak on the decline in corn.
but rallied later on fair buying and scarce offer
Compared with last night, September Pork and
Ribs are unchanged and September Lard 21ac
Ihr leading futures ranged as follows:
Wheat No. p Mess Pork per bbL-
Highest. Lowest. July Sl2 624A S12 621a
.....525sc 514ac sept. $l2 70 $l2 80
6so......S7s B:s..SS77s S53se S5Sse Lard per 100 lbs.
Corn No q sept. So 85 se 92h
ssy ssGs tsg:s 1875 ~ 44s Short Rib. per 90 lbs.
Say49s4o 4s5scsspt... scseS sS IS $S 10 10
cbanssdi 4Sn HoS %o' Spring Wheaf 52S5stsc: No.
spring wheat; NO. Red. 5295212c; NO. 2
Corn. 45l4e; Prime Timothy seed, So: Mess
So 9O@6 921a; Short Kids Eides 0oOsel. So 75tc
B77A.; Dry SaIted Shoulders looxedl. S6G6 II -
distillers finished goods. = gal. 81 q: Sugar
Cut Loaf, -: Granuated. -; standard A, =,
ON the Produce Exchange to-day the Butter
market was unchanged.
CATTLE
Hogs - Receipts to-day, l6,UU0; official re-
cetpts yesterday, 68S9; shipments yesterday,
1854 left over about q 900. Quality not good; ;
market active and firm: prices SO DC higher. All
parties buying. Sales ranged 81 s0@j 30 for light
81 1904 50 for rough packing; % $50 5 for
mixed; "a aOG15 10 Tor heavy packing ana ship
ping lots; Pigs S4 25@4 10.
Cattle - Receipts for to-day. 5000; receipts
yesterday, 27,222; shipments yesterday, 4974.
Market STEADY.
Sheep-Receipts for to-day. 5000: receipts yes
terday l0,461; shipments yesterday 1873. Mar
ket slow and steady.