The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-03-23
CHICAGO MARKETS.

CHICAGO March 22-Pronounced weakness in
the foreign grain markets weakened wheat here to
day and May closed 12c lower. Corn following los.
ing 5sc and Oats 14c lower. Helped by scarcity OF
hogs, provisions made gains.
Wheat receiving no announcement in any direc-
tion except in rather mediocre promises for the
next crop, Ignored the latter pressing factor
and followed the direction impaired to it from
weaker foreign markets. The French country
markets were quoted as exceptionally weak, the
Beerbohm cablegram quoting decline of lad. and
both Paris and Berlin sent lower quotations.
Some covering OF shorls, under cover of the heavy
feeling induced by the cables, held the market
steady for an hour at from 547sc@5434, but
further weakening influences appeared the de.
tails of the days receipts and shipments came to
hand, and before II O'Clock the price had tumbIed
to 54c. The receipts at Minneapolis and Duluth
numbered 1853 cars. The total of the primary mar
ket receipts $4,000 bushels. The exports
from the Atlantic seaboard were discouraginply
light, amounting in wheat and -four 10 about 100
600 bushels and $4,000 bushels of that was from
New Orleans.
cago No. 2 red winter for shipment at the opening
OF navigation. and cargo was worked early in the
day at higher premium over May price, c. j. T.
Buffalo, than have usually been N ade. Some more
covering of shorts resulted from the evidence that
Chicago wheat was now comparatively cheap as
that held elsewhere The price recovered to 5415c
but the closing cables were, taken altogether no
the morning, the market becoming heavy again.
AT 54i4c. which WAS the next resting price, there
was fair demand about half an hour from the end
OF the session. The price again before the close
10 5415c on the reported taking of from forty-five
10 fifty bcatloads for exploration New York, and
81 the close there were buyers at SIC.
The corn market limp and almost lifeless
during great part OF the day. The recent buying
spirit has entirely subsidized and the price is getting
no support from any of the heavy operators. The
receipts here to-day were $50 and 245 are est
mated for tomorrow. The exports for the day
from the Atlantic ports Were $4,000 bushels in.
Gliding 27O0O from New Orleans. There was =
good local demand for cash corn with nominal
decline OF lie per bushel at the close May ranged
from 1880 near the opening to 451sc in the after
noon, and closed at 475sc
Oats were active and good business was trans.
acted Prices were weaker with the other cereals
and were to some extent ruled by them. How.
ever. free selling by the Darlington Hannah and
Bartlett-Fraziers was very influential in lowerinc
prices. The demand fair throughout, espes
ciaily for May at 29c. The crowd IN general took
up the offerings. May sold from 295sc to 29skc
down TO 2S7sc and closed at 2gc.
Influenced by present and prospective light hos
receipts provisions were very firm, with few sell
ers- The greatest strength and highest prices oh
tanned early in the day, but in the end gains were
established Of from 10c to l5c in pork and lUc each
in lard and ribs Hog receipts which YESTERDAY
We're estimated at - 600, turned to be 81 600
and for tomorrow $4,000 are expected.
The leading futures ranged q