The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1895-01-22
GRAIN AND PROVISIONS.
Course of Business on the Chicago Board
of Trade,

| Course of Business on the Chicago Board
of Trade.
CHICAGO, Jan. 2l.-Wheat opened fairly &C.
| tive at about Saturdays closing prices May
sold OF from 57ls 0575sc, and July at from $50
$3.50. These prices were scarcely recorded,
when the market began to break, and although
during the decline OF 25c which occurred in the
first hour, there were two or three temporary
rallies of ~, the selling on each OF these
slightreactons was very confidently renewed
and kept up until May was at 571s65711c,
which it rea shed about an hour from the open
ing. The English markets were weak. Liver
pool stocks of wheat increased 1876. 900 bushels
during last week. The decrease in the visible
supply was only 1.O29, 900 bushels, and the
amount on ocean passage shows an increase OF
100000 bushels. The sci ing was renewed
with the result that a small fraction was
Knocked off OF the previous lowest price, At
o75sc aud 5S1sc good deal of short wheat was
covered and mcre was wanted than was for
sale. The market became weaker again about
an hour from the close and SIC became the
general trading price for some time. with sales
down to 567ac and at those prices vast
amount changed hands
Short sellers had by this time dismissed all
jealousy for each other, and in another half an
nour the price was 56Ac. The decline con-
tinued up to the close, the selling becoming
more and more urgent as the session advanced.
MAY reacted but 40 from the lowest figures OF
the day, finishing at 551ac
Corn was easier at the opening and in the
enO shared IN the general Smash, near the
close. May, which closed on Saturday at 4715c
and also touched teat this morning, was down
to 45l5c. General liquidation was the order
among the holders. and 1T came with rush
during tho last 40 minutes OF the session. May
closed at 45lsc.
A heavy business was tran sacted in oats and
the direction the market pursued was no ex-
cept on to the general course OF all the mar
kets on the floor. There occurred slight rally
at the end and 291sc was the closing price
after having had range of from 30lS12S1so
The last mentioned price is thus far the lowest
point Of the crop aud 11sc under saturdays
closing quotation which was at that time the
Provisions were weak in sympathy with the
grain markets The holders also had grief Of
their own in the continued heavy hog re-
CENTS and fr 30 selling of products by packers.
The close was at the lowest prices OF the day,
with May pork SOC lower; lard 1870 lower,
and ribs 15c lower.
Leading futures closed az follows:
Wheat No. 2
January .........................5
May. ..........,.............. .........oOts
July ....,...... ............. .oo1s0o6%
Corn, NO. 2
January ...................'.....4
May. Observation-Disclosures.
Oats. No. .
January
May. Observation-Disclosures. Eva
Fiour-Firm Winter patents, 81. 5000. rs;
s $50; sisos8 So ssss5s
Wheat-No. spring, 55H@57ssc: No. 3,
nominal; No. 2 red. 52s6@522sc.
Corn-No. 2, 43l9c.
oats-No. .. 274zc: No. 2 white 3o1I@31Lc;
No. 3 white, 30@303c.
Rye-No. 2, soc,
Barley-No 2, $50; No. 8. 5S954c.
Flax seea-No. 1, $l.42.
Timothy-Prime, 1878.
Mess Pork-Per bbl, $40 9o91Loo.
short ribs-sides, loose, $5.50@5.55.
Shoulders-Boxed. 81. rs %. S71a.
Short clear sides-B0xed, $3.50 Q5. 80.
Whisky-Distillers' finished goods $l.22 per
gallon.
On the produce exchange today the butter
market was Steady; creamery, 12923l1c; dairy,
I1020c.
Eggs--Steady at 13@1S1sc
RECEIPTS AND SHIPMENTS
Articles. Receipts. Shipments.
Flour, barrels. ........... 1000 5000
Wheat, bushels. $4,000 1000
Corn, bushels. ...,...... 100000 $4,000
Oats, bushels. 100000 l4l.000
Rye, bushels. ............ 1000 1000
Barley, bushels. ......... 5000 10000
MARINE NEWS