Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-07-28

sood h choice. o<.ssse6sS. Wheat n1laef aad
moderately active; No red. ,ss,s ~
elevator; ungradsd, o033caelO0s oyuea1s
1kA2c higher ON better cabless unDyoso
csns barely sss ssa S sys
No 2, red, July, sL01Ai august, vsstc. PEP.
tember, 9sc. Dccsmbes, ef.003{. Corn ni9nsf:
moderate business; part export; No = LA
options iXss;S. higher on frishiened shorts
covering, light movement, and higher wesaesn
markets, closing nrm; july, 7ls4c; August
s0c; september, 67kc; Decemper; SDx .
Oats quict and unchanged; options AIRY sc a.
western, 3sa4sc. Hops quiet and weak At ~.
21c. Coffee-optlons opened Irregular s m |.
closed Closed steady, nR 70 o 10 down; Suiy sisscs
si5.40; spot Rio dull and nominal; isf CAL
goes, $40: No. z, sl7.50aS11.62,< Suesr-
Raw dun and nominal; centrifugsiA eo-ses.s
Sac; refined dun and weak; standard ~
Moasses Foreign nominal; New 0ricans fairly
active and arm; common to fancy, yoaSoc.
Rice firm and Ia good demand domestc, iaas
10 extra, 5laa7c.; Japan, 51xao14c. retso eur
Philadelphia and Baltimore. 6.s5a6.ooc'; IN
bulk, 440a4.45c. Cotton-seed oil quiet enn
steady; crude, OF Crude, 2oa29c; yellow, on
grade. 33a36c. Resin duh and weak sfrans ',,
common 20 good, sl.35as1.40. Turpentsne duli
offered at 35Isa35c. Wool quiet and steady
domestic fleece, 3Oa37c. Pork strong anu &C.
tive; pew mess, &i2.15as13.25; extra PRIME
sl0.J0as1l. Pcanuss quiet; fancy hsnd-picked:
and easy at sisasis.5S' 9icrces beef dull and
lower; city extra India mcss. s19a2l. Cui-
meats strong and dull; picked bellies, l,fc. :
shoulders, 6Ae0ltc:: hams, lie; Mriaiss
s7.02le. Lard In fair demand and strong
western steam, $3.50: city 1925; July, $3.50 /;
September. s7.02as7.05: october, VIA; re.
fined strong and duh. Freights fairly active and
steady; cotton, 5-64d; grain, IND.
CHICAGO.
CHICAGO, July 27.--It was q bull day ON the
Board OF Trade. The boom started very soon
after the tap OF The opening bell, and IL was stu
on when 1t tapped again at the close. First
prices were the lowest OF tho day, and ciosin4
quotations were at or near the top figures oil tne
session. Corn was responsible for starting thc
riot and 1t led the procession aud closed with
phenomenal advance. Except In corn the OPEN
ing quotations were weak and lower, but wheh
the shorts In the corn-pit began 70 CLIMB upon
each others shoulders In their frantic endeayors
70 get some OF the hoe-cake cereal regardless OF
the price, the dealers In the other pits caught
the infection and began rapidly to advance
values. Wheat opened SIC. lower that Is closed
yesterday, being depressed by the enormous re-
ceipts-1,3l5 cars having been inspected where
only $50 had been estimated-and by the beau
tiful harvest weather. This was very depress-
pressing, but cables coming In somewhat
advance at the start, wheat quickly re-
covered and soon became strong, gradually
developing into an active aud excited condition.
The domestic markets were all advancing, ana
the shorts here soon became wildly excited anu
covered freely. The result was that September,
which opened at SSlc, sold up pretty steadily
to 9O5sc. The market had very little to make IL
strong, except the strength in the other specuia-
tive pits. Cable were firm, but not greatly high
er. while the receipts we're simply enormous,
and are expected 20 be correspondingly heavy
Tomorrow. Crop prospects were never better,
the export movement being unusually light ana
the increase In the visible supply quite heavy.
When II was posted the price fell from 901sc. TO
S9'sc., assisted by free realizing OF pronts anu
the bulge and slackening In the demand from
shorts. The late cables Gil came In strong and
higher. Liverpool reported "a advance OF llea
I'd. and Paris an advance OF 10 centimes, ana
corn taxing another jump at about tho same
time December wheat ssOld up to 9lLc., or .'tsr.
above the opening, ard closed hrn AT ol1sc'
Corn, the leader Of all the other pits, opened de-
cideily higher, socn grew excited, advanced
about Be. from the FIRST sa'ea, ard was ve-y ncr-
vous The receipts were eighty cars less
than expected, the stocks werc every
ward weather Ia tho country with the
Eastern demand sharp aud New YORK
higher. The local shorts wete making iran
tic efforts 10 cover from tho very start
and with very little disposition to sell
prices had 10 be bid up in order TO get the pro
perty. September started at 55lsaj6c. and went
on up with but slight setbacks until II sold tC
| 5SAc. L. then cased of 10 5534c., but whom the
| vlsibly supply Was posted, showing decrease
| the market grew strong and excited egoin, but
IL went ~ 1y3,c, closing at o9lac, AT which pfic,
| u was firm. Cash corn at one time was very
strong and No. sold up 10 6Jc end No. yellow
| TO 0Oc., bat then the market broke sharply No
| = selling OF tn 0.Is4c New York was strong anc
higher. opening At ll4a2c. above Saturdays close
| IL IL said that the advance Was due to break II
tie Erie canal, which willkcep back receipts. Oat'
| were dominated By corn throughout the session
| closing within asc. Of the top. Hog products
were active and higher, led b. tho excited cond
| iion Of corn and on firmer cables. Hog re-
| celpts were IN excess u estimates and prices
were no higher, but the shorts were excited iron
the start. September pork sold from Slf.fot
| Sll.S0 of TO sil.JJ ana mp TO sll.7o, closing a
| sll.7O, an advance over Saturdays close %
! Sll.50. september lard shows an advance
| Of DC. and ribs at nc.
Cash quotations: No. spring wheat 02tEc.
No. rod, 9ll9c. No. corn, 6iaj42,c No. : oats
| BE Mess-pork 81 l.6OaSl l.USl3. Lard, 81. 5%1s
| Short-ribs, s0.y0as6.93. Dry-salted shoulders
! s5.70aso.75. Short-clear 5725as5.3J. Wits
key, S1.l6.
| me leading futures ranged "a follows: