The San Francisco call., 1905-01-24
CHICAGO BOARD OF TRADE.
Future Grain and Provisions.

CHICAGO, Jan 23-PossbiIity oil a de-
crease in shipments from Russia as result
of public disorder caused a strong finish i'll
the wheat market here to-day. AT the close
the May delivery was up s01c, corn is up
hQAc, oats show gain of 1sc and provisions
are up &c to 112c.
The strength with which the wheat market
closed was not in evidence earlier in the ses-
sion. At the opening the sentiment in the
pit was inclined TO bearishness in spite of
the bullish tendency of weekly statistics.
Worlds shipments were considered small and
the amount on passage was coresponaingly
light AS an Offset however, receipts in the
Northwest showed decided increases. In con-
sequence the market at Minneapolis was gen
orally weak. Traders here were more inclined
to be governed by domestic conditions than by
the foreign situation. Opening quotations on
May were a shade higher to A02sc lower at
81 i3A to 81 14h. While the pit crowd gen
orally was bearish the desire on the part of
many traders to sell wheat short held In
check by a rumor that a leading long was sup
porting the market. Selling was likewise re-
strained by the critical condition of affairs in
Russia. A fear was entertained that further
violence might result disastrously to Russia's
commerce and perhaps a stoppage OF
grain exports from that country. After trad
ing well under way sentiment became
little frTner, May advancing to 81 141a. Weak
ness of Northwestern markets, however was
constant drag on prices here, and with the
announcement of liberal primary receipts
commission houses turned active sellers I'm
der this pressure May declined to 81 1871
Late in the day. however, the market devel-
oped considerable activity with a sharp rise
in values Dispatches from st. Petersburg
added to the anxiety of shorts advices assert
ing renewal of disturbances at the Russian,
capital. From 81 1914 May quickly advarhofd
to 81 15k. May closed almost at the highest
point of the day, the quotations on May being
81 Is. Clearances of wheat and flour were
equal TO GOO bushels. The amount on pas
sage decreased 1,536, 600 and the visible supply
decreased 202, coo bushels. Primary receipts
were 926, 900 bushels, compared with 1S9 500
bushels a year ago. Minneapolis, Duluth and
Chicago reported receipts 931 cars against
676 cars last week and 461 cars a year ago.
Pit traders were free sellers Of corn early in
the session. resulting in some weakness but
later the market became somewhat firmer.
May opened unchanged, &c higher at 44Mc
to 44A@44%c sold up to 46c and closed at
the top. Local receipts we're BAT cars.
A steady tone prevailed in the oats market
and trading was largely OF scalping character
May opened unchanged to shade higher at
3ON G30Ec, sold between 30%c and 31c and
closed at 30kG31c. Local receipts were 142
cars
yards caused fairly active covering of pro-
visions by shorts, resulting in a firm market
AT the close May pork was UP 17Nc at $40 e5
Lard was up 5a7Ihc at 81 O2B. Ribs were er
1Oc higher at SO $500 s7H.
Estimated receipts for tomorrow: Wheat
65 cars; corn, 537 cars; oats. 1876 cars; hogs
81 900 head.
Articles Open High. Low. Close
Wheat No. p