The San Francisco call., 1904-08-17
LOCAL MARKETS.
Exchange and BHlLon.
Wheat and Other Grains.

WHEAT FREIGHTS-Are largely nominal
at 2oq2ls Sd. usual European options, with
There is hardly enough spot business to base
a quotation upon. The chartered wheat feet
in port has a registered tonnage OF ll5Oo
against a 600 tons on the same Mate last year;
disengaged 90.9T0 tons, agai instt3 3oO,330; on
tbe t6e .goy way TO this port. 22esoo tohs against
WHEAT-The foreign msriet5I were quiet.
with buyers and sellers apart
Chicago advanced from 81 OK to 81 o5ls.
with the Southwest buying on = large scale
Bad reports continued from the Northwest.
saying that where Wheat was. EXPECTED there
the hot weather Of the past few days was
ripening the grain so fast that II was all
shrunken. Broomhall cabled that the EurO-
pean crop was about the same as before. the
quality OF the crop being indicated as good
The Chicago wires Of r. Brent Mitchell said:
Market active and the tone strong,
with the closing about top prices The in
centive was the same as heretOfore-Unfavora
bic crop advices from the Northwest and ad-
yaucing Northwestern markets There are re
ports Of spreading damage from rust IN the
extreme north and in Manitoba. and there are
also many reports that conflicting with
this The weekly Government report, while
confirming the damage. does not appear to be
that II is practically impossible 70 get at the
percentage Of loss until the threshng returns
are in Receipts Of winter wheat continue
large and while the cash markets are firm.
consumptiye and dstrfbutive demand are not
SO greatly in evidence OF course the mills
are taking a little stuff all the time but the
buying is Of a hand to mouth character and
r,rf,ciDaI buvers New wheat Is baein1if,e- "a
end of another week the movement should be
quite free. We are Of the opinion that in
the buying Of wheat at this range and ad-
vance, conservatism should be exercised"
In this market futures were sharply higher
in sympathy with Chicago. and trading was
heavy and excited. some $1,000 tons selling
the morning session Large shorts rushed
Sellers Of cash grain were asking advance,
but were not getting it. though the market
CASH WHEAT.
White Australian 81 55G1 5Tk: Northern
Club 81 4oa1 45; Northern Bluestem. 81 52l3
Al 5T15 per etl.
Session 9 to II 80 a m
n.,.ms., 9Psn en- sI Hish 3 81 LqT s. clSss .ss
2 p. m Session.
December 3Pfs fs si hish 4ss 81 S 2s 81 flRss 4s
BARLEY-Futures were slightly higher in
tons selling on the morning session. The cash
grain firm, and sellers were trying TO get
81 10 for choice Feed but no sales at this
market continues strong. Buying is not
active IN the interior as # has been. though
a good deal is still being purchased.
CASH BARLEY.
Feed. 81 71zd1 OsA: Brewing and
shipping 81 1215ai III; Chevalier. 81 1Tlaw
80 per eu FUTURES
Session 9 to IL 80 a m.
Open: High, Low Close.
p m. Session
December =. 81 o9ss 81 6s15 81 Osss 81 o95
OATS-Continue firmly held. but quiet Re
ceipts are moderate and offerings are not
large.
White. 81 4oG1 As; Surprise. 81 4591 so;
Red 81 27I541 35 for feed and 81 S5d1 81 II
for seed: Black. 81 25d1 80 for feed ana 81 40
a As for seed
CORN-The trade continue TO quote a quiet
and featureless market at previous prices.
The Chicago wires Of r. Brent Mitchell said
Yesterday: The feature Of the situation was
good rains in the Southwest and prospects Of
showers over much of the corn belt This
checked the food OF speculative buying and
made considerable scattered liquidation so that
The comparative tone OF the market was rather
heavy The weekly Government report while
noting that rain is needed in the Ohio Valley
and in parts OF the Southwest is still reas-
suring in tone 10 the general conditions
The Illinois State report is Of the same gen
eral character II is purely a weather mar
ket at the moment and not OF those
who think the corn crop has yet been exten-
sively damaged"
Western sacked 81 4T1ka1 so for Yellow and
White and 81 45G1 4Tia for Mixed: California
large Yellow 81 5o41 5T1a small round d.,
81 55dl 6215 White nominal: Egyptian 81 so
al 35 for White and 81 25G1 30 for Brown.
RYEIOnerings are small and the market is
steady at 81 25G1 30 per ctl.
BUCKWHEAT-Nominal at 81 75l12 per ctI