The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-04-24
CHICAGO MARKETS.

CHICAGO, ILL, April 90. - Wheat turned
sharply to-day and started down at a hot pace.
Lack of demand and free selling weakened wheat
and the other markets followed Wheat started at
11sc decline. Shorts had apparently covered to
contentment and there was much bearish news to
encourage sellers. The public Liverpool cable
giving the opening Of the Market described it as
steady at lad decline. Another Liverpool cable
said that millers were refusing 10 follow the adj
vance: prices Id lower since the opening
The Russian shipments of wheat and flour for
the week were reported to be 2,400 600 bushels.
and addition of the clearances from all the ex-
porting countries reveals a total of 1889 900
bushels, compared with the estimated weekly re-
quirements by the importing countries of 900
bushels, or excess OF 1,6S9,00 bushels for the
week. The receipts for the day at Minneapolis
and Duluth were 2S6 cars, compared with 1873
cars on the corresponding day of the year before
New York dispatches reported 81 boatloads of
mission-houses here had plenty OF inquiries from
country millers for No. 2 Red.
The opening Of May was at from 6O14c to soc,
and July at from 6112c to Gle, compared with the
respective closing prices of 6l3sc and 623sc on the
day before. few sales of May were made as low
as 597sc. The latter recovered to 607sc and July
to SIC before the second break began. and at about
the bottom at which the market closed. May de-
clined to 591ac and July TO 605sc the latest trad
ing was 597sc for May and 60Tsc for July. Pri-
mary market receipts amounted to $4,000 bush
els against 1Sl 900 on the corresponding day of
last week and 22I 600 bushels year ago.
Export clearantes from the Atlantic ports were
equal to ASS, 900 bushels in wheat and flour Brad
streets statement of the stocks of the world gave
them at 2, 3ss,OO0 bushels less than they were a
week ago.
The corn market was weak at the start under the
influence OF the break in wheat. May, which closed
yesterday at 4SI4c, for sale at the start at
from 473 to 4712c, and sold as far as 471494Sssc
before IL had any reaction II reacted to 47 47 Jc
but broke from that point gradually at first and
then rapidly until 1t touched 1870 near the close,
the latest trading being at 471sc.
Oats wree fairly active throughout. To great
extent reactions followed the course of the wheat
market. Bradstreets increase in the visible supply
of oats of $4,000 bushels credited to assist in
the decline The feature of the market was the
widening of the differences between May and June.
At the opening OF the session May selling at a
premium OF 14c over July: at the close prices were
half cent apart, caused by improved inquiry
for May while the late buyers Of July to-day were
disposing of some quite freely.
May sold from 2S14c to % sc, declined to 2S12c
and closed at 2S1292S5sc; July ranged from 2S12c
TO Csc rested at 2s@2S1sc, 12@3sc lower than
yesterday.
The provision market was rather quiet, with very
little disposition 10 trade shown by the spectators.
George Baldwin tried to wake up some feeling on
the bull side, bat received very slender support,
and retired. The decline in wheat and dizziness In