The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1904-08-03
LOCAL MARKETS.
Exchange and Bullion.
Wheat and Other Grains.

WHEAT FREIGHTS-Continue largely nom
inal, with no spot business OF any consequence
al LIS 6dq20s, usual European options. The
chartered Wheat fleet in port has a registered
tonnage OF 1850 against 80. 155 tons on the
same date last year; dlsengaged, "a, $50 tons.
against fS20O; on the way to this port. 22S, 800
tons against 314. eco.
WHEAT-Foreign markets were firm, with
higher figures.
Chicago was excited and 2Izc higher, chiefly
owing 10 the issuance OF an estimate by Jones
Of the Commercial West, who reduced his ig-
ures on the crop to $50 00O, 900 bushels This
is marked falling on from preceding esti-
mates The volume Of business was large.
Another source Of strength the continu-
Rnce Of bad reports Of the grain crop from the
Northwest much OF the Wheat in North pa
kota being reported dead from rust.
The Chicago wires OF r. Brent Mitchell said:
Liverpool closely followed the advance here
since last Friday and continental markets were
sharply higher and somewhat excited. The
oreasing crop damage complaints from the
Northwest These are being confirmed from
all sources. The large receipts at primary
markets are to-day meeting with a good de-
mand and prices are higher There has been
free liquidation by the liberal short interest
and a good deal of profit taking by profession-
al holders. The market. however, holds the
advance well and reactions are very slight
We regard the conditions, however, bullish
and ADVISE buying Wheat fair recessions +"
This market was very firm, and sellers asked
higher prices for both California and Northern
Club. but buyers were unwilling to pay the
advance. Trading in futures was excited and
heavy. about 1900 tons selling on the morning
session. The advance due to the Chicago
age --'O' anu amounted 10
CASH WHEAT.
California Club 81 3715d1 421k: California
81 3T1sa1 42a; Northern BIuesteni, 81 52I5G
1 So per ctl.
FUTURES.
Session to Il 80 a. m.
December 50 GDfa 81 Hl e 81 Icy q 81 Clos sss
2 p m Session.
December n asa 81 ass 81 4s 81 Is
and futures also ruled firm, with fair trading
in both. There is a good demand for old Brew
ing, but there is not enough left for a quota
ton. There is little call for new Brewing
The shippers are fair buyers of Chevalier in
the country.
CASH BARLEY.
Feed, 81 06A al 0s%; new Brewing and Ship
ping, 81 10q1 10; Chevalier. 81 171aQ1 80 per
FUTURES.
Session to IL 80 a. m.
December 81 $685. es 81 5ss 81 0 OTx 81 Ss
p. m. Session.
Open: High, Low: Close.
December 81 0s15 81 0S15 81 OTB 81 0S
OATS-Continue firmly held. with a fair To-
cal jobbing demand for feed and milling, and
speculative movement in seed lots. Prices
r Psd 81 S7 75Sdi s21s for feed and 81 500
l 3715 for seed; Black, 81 rs for feed and 81 so
al SIS for seed.
CORN-Receipts are moderate, stocks are
light and the market is firmly held but quiet
and featureless. The Chicago wires OF r.
Brent Mitchell yesterday said: 'It was active
and strong from opening to the close Gables
were up sharply and European advices gener-
ally were bullish. There were indications of
a large cash business here. Broomhall cables
that the shortage in the Danubian corn crop and
the general shortage In the fodder crop OF
Europe is making strong situation These
were the incentives in to-days advance The
weather Is fairly favorable. The recent deveI-
oprnent of an export demand has materially
changed the conditions and outlook. II acts
like a bull market and would buy on its
reactions"
western sacked. 81 47H01 IS for Yellow and
White and 81 45d1 so for Mixed; California
large Yellow, 81 50d1 571z small round do
81 55G1 80; White, nominal; Egyptian, 81 500
i 35 for White and 81 25d1 so for Brown.
RYE-Steadily held. but quiet at 81 2591 so
for new.
NEUTRALITY-SUSPICIOUS. at 81 1892 per ctI.