The San Francisco call., 1904-08-06
LOCAL MARKETS.
Exchange and BnIhon.
INTERNATIONAL,
Wheat and Other Grains.

WHEAT-The foreign markets were firm.
with Liverpool and Paris futures higher.
There Is a growing opinion that chances are
bright FOR good demand this country dur
are becoming more unfavorable, and those
from the Danube are getting gloomy. LIE Petit
journal of Paris estimates the French crop at
SlOOOO.OOO. bushels, or 55,000,000 below last
year.
Chicago continued excited and bobbed about
q good deal, declining from 9T5c to 96Sc.
rising violently to 99hc and falling back to
97%c. The rke helped along by the re-
port that Armour was tying up September de
liveries Wires to E. F. Hutton & Co. said
that increasing reports of rust extending over
an expanding area. on top of big European
shortage, make acute situation. But Jones
of the Commercial West sent in a more bear
ish crop estimate and the crowd sold 1t.
the pit crowd dumping lot OF Wheat. New
York also sold
The Chicago wires Of r. Brent Mitchell said:
1T was a very irregular market. with wide
and rapid fluctuations. Foreign markets only
partially followed yesterdays advance here.
The feature of the day was a report sent out
while intimating damage. was much less radi-
cal than had been the current estimate formed
from scattered reports. The action Of the
market for the day indicates considerable
liquidation, and this was no doubt due to the
above report. So far as advices from CONNER
much change, although perhaps there was less
reiteration oday. Cash markets are all
settled market is likely. Developments in
the Northwest will be watched closely. Think
we would buy Wheat on sharp breaks Cable
advices from important European centers are
most unfavorable to general crop situation :"
In this market futures did not respond to the
sentiment of local operators was more bearish.
The cash grain continued firm but quiet.
CASH WHEAT.
California Club 81 371k@1 42h; California
White Australian, 81 55q1 81 ~; Northern Club
81 374sG1 42h; Northern Bluestem. 81 52129
1 So per ctl
FUTURES.
Session to IL 80 a m.
December =. 81 45h 81 46as 81 45A 81 45%
2 p. m. Session.
n.o.,., oOsR a :. High t4 8. Ley qTn s Close; 9st
BARLEY-The cash grain quiet. steady
and unchanged, but futures were lower. chiefly
on large receipts and general bearish senti-
ment A member of the brokerage firm. Of
Yates & Wright said that southern buyer in
formed him that when the large consumers In
the southern part of the State had fully sup
for months This remark had its bearish effect
and enhanced the weakness in futures.
CASH BARLEY.
Feed 81 0561 OS% new Brewing and Ship
ping. 81 1od1 Is; Chevalier, 81 1Th@1 80 per
FUTURES.
Session to IL 80
n.,. open; sa s High Sa 81 IGg Ss S. fSsf Ssii
p. m Session.
Open High Low. Close.
December :. 81 osM 81 osll 81 OT5s 81 Os
oATs-Dealers continue to report firm
market with fractional advance in Reds.
Higher prices for Black for seed are also
Red 81 27hQ1 S5 for feed and 81 3591 40
for seed Black 81 25 for feed and 81 30q1 40
for seed
CoRN-There is nothing new in this mar
ket which continues quiet
Western sacked. 81 47A@1 55 for Yellow and
White and 81 45G1 so for Mixed; California
large yellow, 81 5Oa1 571s small round do,
81 55Sl1 60; White, nominal; Egyptian. 81 800
j 35 for White and 81 25q1 80 for Brown.
RYE-$1 25q1 30 for new.
BUCKWHEAT-Nominal at 81 1892 per ctl.