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

CHICAGO. Ill. May 4.-Wheat on the curb got
as high as 6514c yesterday afternoon. This morn
ing the curbs alarm had subsidized considerably,
and the regular session opened with sellers from
Csc to 647Sc, but those figures still from a
$50 above the closing figures of the regular session
yesterday. It did not take long, however, to
shake the price down to the levelOf the previous
DAYS figures, and after that the market be-
came comparatively quiet for al hour, with the
prices kept within range Of about 1sc, or between
645sc and 6334c. The bulge on curb yesterday,
and the opening yesterday, had its origin in dread
that the warm dry weather would do irreparable
damage to the growing wheat
Very general and in some places heavy rains
throughout the upper lake region and upper Mis-
sssppi Valley, with predicted local storms in Mis-
souri, Illinois. Minnesota, Wisconsin, the DAkotas
and Northwestern Nebraska, caused the decline
which followed the jump. The cables brought
higher quotations from LIVERPOOL and the Cont
mental markets. but the statistical items connected
with the daily and weekly shipments we're bearish,
and in connection with rain, present and prospec-
tive, had an ultimately depressing effect. Mime
apolis and Duluth receipts were 1913 cars, COM
pared with 2S6 q year ago.
Primary market receipts to-day were $4,000
bushels against pa, 000 bushels year ago. The
weeks exports Of wheat and -four amounted TO
1855 900 bushels, against 2,431, 600 bushels the
week before. Clearances from the Atlantic ports
for twenty-four hours were only equal 10 l2S. 600
. bushels Argentine shipments last week were
1.92O,OOO bushels Berlin, FaFlS ana Liverpool
closed az considerably higher prices than the
day before, but the market here became weak and
declined TO 81, with that price bid at the close.
The corn market was strong at times and firm
from the start, until within few minutes OF the
close when it weakened little in sympathy with
the decline in wheat. The strength came from the
strong cash situation One cargo was worked from
here via the st. Lawrence River, and orders are
here for several cargoes al small traction below
the days prices. Receipts were lS2 cars, and
2Ss. 600 bushels were received at all the primary
markets, as compared with 325,0OO bushels a year
ago. The opening price for July was s@5Oc
It brought SOC but the price most frequently paid
was 493Le. Near the end there a drop TO
495sc and Il closed AT 1880
Oats were fairiy active. An easier feeling was
present and prices suffered decline Rain in the
oats territory and prospects OF more was the prI-
cipaI weakness of futures. May started at 2S12c
sold down to 2SI4c and 1880, rallied TO ISL &c ana
was offered at that price at the end, showing de-
cline Of 1sc TO 14c for the day. July ranged from
2SJ5c to 2S5sc and 2S34c. resting at 2s5sc bid
The provision market ranged from declining hog
market st the close July pork was quoted at
SI1 95 after selling as low as 81. compared with
So 20 at the close Friday. July lard lost l0c OF
its previous day s value. and ribs declined from
l21ac TO I5c. Receipts of hogs were II 900 head
an q LNeaLc ] As 600