The San Francisco call., 1904-06-29
LOCAL MARKETS.
Exchange and Bullion.
All rates remain unchanged.
Hheat and Other Grains.

WHEAT FREIGHTS-There is no spot bus
iness TO report and in fact the whole grain
carrying trade is in a waiting condition. The
rate of 22s Cd for Europe fixed by the ship
owners combine hangs over the market and
nobody wants to do anything until 1t is seen
whether this rate be maintained or not.
Brokers say that to obtain a charter now a
ship would have to take 5s less than the conf
bination rate. One thing is certain-ether
Wheat must decline or the combination rate
must be reduced. for at the present price OF
Wheat 22s Cd is out of the question. The
chartered Wheat feet in port has registered
tonnage of 32S2 against 1900 tons the
same date last year; disengaged, %. 400 tons,
against 81 600: on the way to this port 254, 200
WHEAT-Liverpool futures were weak and
Paris futures firm BroomhalHs weekly re-
port on crop conditions was as follows; United
Kingdom weather favorable. but crop thin:
France. prospects brilliant and a large yield
expected; Germany, drought relieved, with the
Imperial Statistical Bureaus report showing
a Condition June IS of 50 against "A last year;
Russia fair, except too dry in the southeast;
Rournania, unchanged; North Africa, large
The American Government report says that
the condition of Spring Wheat is less prom
ising Private cables from Argentina say that
the drought is broken there.
Chicago fractionally lower on the day.
with the cash situation still dull.
The San Francisco market was weak and
unchanged with sellers disposed to meet buy
ers. who. however were Indifferent.
CASH WHEAT.
California Club s. 279I 911, a2 cSlif3Tnia
Club 81 3091 So; Northern Bluestem. 81 so
al IS per ctl.
Session to IL 80 a. m.
December 81 3psP EN- St HiEh a 81 h2T 27 81 c:Sss <
p. m. Session.
December-$1 27A bid.
BARLEY-New Feed is showing a wide
range The general quotations for No. 1 are
eTl5G9S4c but a strictly fine bright lot would
bring 81. while some inferior lots have sold
previous prices. but it is passing away and
will soon be gone. There is not much going
CASH BARLEY
spot. for new: old Brewing 81 o5a1 10: Chev-
alier. 81 o2I4G1 10 for fair to choice.
FUTURES.
Session to II so a. m.
December oDsa- s8 Hishi ssh LSs- s. oiSSs. IS :
p. m. Session
December-e31kc bid. 93lac asked.
OATS-The readjustment OF quotations for
old and new product noted at the beginning of
the week has left the market quiet and fea-
tureless. Offerings. while not large, are am
pie for the demand. which is light. as usual
Old crop-whits, 81 aoq1 a5: Black. 81 159
l 20; Red. 81 goal 25: New crop-Red. 81 Is
CORN-Quotations remain unchanged and
the market continues quiet and devoid of fea-
ture. Stocks are Sufncient Tor ali current
needs and the market is none too firm.
Western sacked. 81 1.45q1 4I15 for Yellow.
81 45d1 471s for White and 81 As for Mixed
California large Yellow. 81 4591 so; small
round do 81 5Oa1 so; White, 81 45d1 so per
ctl; Egyptian, 81 3od1 35 for White and
81 25M1 80 for Brown.
RYE-s1 3O91 3215 per ctl- Unfavorable re-
ports regarding the yield continue to be re-
ceived from the San Joaquin Valley. Letters
from Turlock and Livingston say that many
fields will barely return seed, and some esti-
mates are as low as a sack or two per acre.
Spot offerings here are light, and the market
is quiet
BUCKwHEAT-Nominal at 81 1922 per ctl.