The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-05-01
CHICAGO MARKETS.

CHICAGO, ILL, April 3O.-The bearish features
in the wheat news for two days past added TO an
other batch of discouraging items received this
morning, proved too much for the bulls in the mar
ket Prices broke lie per bushel as soon as trading
commenced. and although many bought at the
opening decline the entire surroundings OF the
market were too determnedly bearish to encour-
age any heavy purchases. a general shoyyerv con-
dtion prevailed over the most droughty portion of
the wheat belt in Kansas and Nebraska, with low
barometer and conditions favorable for more rain
in the same localities. Including the exports from
this side $3.50 600 bushels was the amount mt
afoat for the importing countries last week. and
their requirements were only 100000 bushels
per week; thus they were loaded up with $780,
bushels more than they consumed.
The Liverpool market was first quoted steady
but later weak and from Id to lad lower The
weather in France was reported to he brilliant and
private cablegram from there said the wheat and
flour market rapidly declining. Berlin was
reported marks or &c per bushel lower for wheat
The receipts at minneapolis ana Duluth numbered
$40 cars, compared with 2S6 cars on Tuesday a
week ago, and against only 80 cars at both places
on the corresponding day of the year before. The
total receipts at primary markets were $4,000
bushels while week ago 233 600 bush els was tn q
total received and year ago only 10000 Ex-
port clearances from the Atlantic seaboard COM
prised $4,000 bushels of wheat and rs. 1000 bar
rels of -four, or equal together to 100000 bushels
July opened with sellers at from 64f40637sc.
and before it reacted any it touched 635lc II
rose from the latter point to Sage with q sale or
two as high as 6412c and then it sagged graduelIyy
steadied itself around there for time. About the
time of the receipt OF the BTadsree statement the
market was in shape for another break. That
statement made the worlds decrease Of wheat and
-four for the week only 2,249 600 bnshels decrease
of 3377 900 bushels in this country being reduced
by an increase in Europe and afoat OF 1928 600
bushels. On that the price of July dropped TO Csc
The closing cables from the Continent indicated
extreme weakness. The decline to CSC was fol-
lowed by reaction to 6312c, bid the close Of
the working Of 50,0O0-bushels' cargo for export
from here. There pressure to sell again
which crushed the price TO 631sc as the closing
bell sounded, but before the crowd got out OF the
pit 6312c was once more paid.
Corn again was dominated by the favorable
weather and the slow demand by he Eastern users
of corn. The principal business in the trading was
in the way of changing over from May TO July.
July opened at 1880 sellers, dropped OF gradually
70 47s4c, recovered 70 471sc and closed at 477sc.
The receipts were 40S cars.
Another active day passed in the oats mar
ket. Trading principally in the way of ex-
Changing The tone of the market was weaker and
values declined. The cause of the weakness IN the
May delivery was the free disposing OF same by
longs, who were encouraged to do so by the good
inquiry from the elevator people. May started at
2o1sc, sold at 2S14c, declined TO 2734c, sold again
ct 28c and closed at 27Tsc. July ranged from
2594g2ossc 10 277sc, resting at 2S1sc.
'1Ae provision market was again dull and heavy