The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1895-01-25
GRAIN AND PROVISIONS.
Course of Business on the Chicago Boar
of Trade

Course of Business on the Chicago Board
of Trade.
CHICAGO, Jan. 24.-The wheat market opened
weak again. May started at from 5i54(0647s,
compared with 547s at the close yesterday.
The tendency during the first hour was toward
thu recovery OF the opening loss and that was
,verv soon accomplished. -An advance to $3.50
in the first 10 minutes trading was followed
by several reactions to 547sc and recoveres to
55ls during the next hour and hslf. The sit.
uatiol was unchanged in all essential particu-
lara, though the Liverpool market was quoted
as opening easier and I'D lower. The Cfnc!n-
natl Price Current remarked that the interior
offerings continued small and that millerb' sup
plies were generally lower. New YORK reported
some buying OF wheat on foreign account and
sent some buying orders here on lis own &C.
count The tcalping crowd were looking for q
reaction from tne second heavy feeling but
followed upon its execution by bunch oil
small bites or offerings from the local scalpers
The price was down again to 5434c about TWO
hours from the opening. The total receipts at
the prim Try markets amounted to 226 O0O
bushels. compared with 900 lsst Thursday
ana 397, 900 on the correspon ling day OF last
year Export clearances from Atlantic portsln
wheat aud -four amounted to 295, eco bushels
The days news did not arouse the. courage OF
holders or bring in fresh buyers. May began to
tumble again at l o'clock and sold down to
54asc, closing at SAGA new low record
45la@451sc for May; later 1T improved to 461sc
and SANG back at the close to 451ac. The cash
market was firm, with No yellow bringing
within 4Ac of No. 2 for May delivery. 1t has
been selling at q discount of SIC. Export
cearances were 152, 600 bushels, most OF which
went from Nav Orleans
Oats-Flrm early on buying by country COM
mission houaes and shorts. May opened 40
higher at 291s1 and touched 29Bc. Th9 mar
ket turned easy later with corn, and closed at
29l5c The trading was not heavy either way,
Tne weakness of the provision market today
was pronounced. The packers are becoming
discouraged by what they consider the pros
to fprp n
though for yesterday, today and estima ted for
tomorrow there appeared some prospect OF the
movement becoming lighter. Compared with
yesterday'sc osing prices p Dirk is 25c, lard "a,
and ribs 10c lower.
The leading futures clo,ed as follows:
Wheat No. 2
January. ....s,......,...".ol
May ......,........-.. ..,'''s...-'...o*4
July. .........................
Corn No. .
January. .........................43
May .......4o q
July. OBSERVATION-DISCLOSURES. ..451sg45A
Oats No. 3
January ......,.,...,..".,,... 6Sta
May. ............. ...........'.'..' '.AoI2
Cash quotations were as follows;
Flour-Easier; Winter patents $2.50@2.75
8 so; straights, $3.50 o $50: bak irs, ST.: so.
Wheat-2o. 2 spring, 55 &(0564c;No. 3 spring,
nominal; No. 2 red, 51(052y2c,
Corn-No. 9, 43c
oats-No. 2, 1850; No.. white, slh9a2ci
No. white. 3l1ac.
Rye-No 2. soc.
Barey-No ., 55c; No. g. 5215t954c; No. a,
591a@51n.
Flaxseed--No l, 1 Az
Timothy-Prme, So. 80
Mess pork-Per bbl, SO 371a@1050
Lard-$6.4506.471a.
Shor: rib SIDES. loose, S5 1905 40.
Shoulders-Boxed, Si750D4. S715
Short clear sides 8oxei, $5,7o95.75.
Whisky-Dstillers finished goods $l.22 per
gallon.
On the produce exchange today the butter
StnA1v. lyMZ3ac.
11G20c
Eggs were steady at I3019e.