New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-08-18
WIDE FLUCTUATIoN IN CHICAGO.
A RANGE OF TEN OR TWELVE CENTS IN De-
CEMBER WHEAT-CoRN MOVES IN
SYMPATHY.

Chicago Aug Il (Special).-Thc st. Louis grain men
early this morning met ard resolved TO take no new
orders in wheat Anybody thoroughly cOnversant
with the trade and familiar with ST. Louis methods
would know from this that something was going on.
To-day's range in wheat here at Chicago was over
10 cents possibly as wide as II cents. December
wheat closed saturday night az IL o6 5s. 1t ad-
vanced to-day as far as 81 13; some say as far as
III 10. 1t reacted to FL OF 81 AID closed AZ ~ oS.
The grain men here were not scared out of business
did not meet ard resolve to accept 10 new ordeFs'
but did attend to their affairs and try as far as pos
sIbc TO act as II nothing unusual were going on
They did call everybOdy's margins ard did not drum
hard for lew customers. 1t an amazing fact that
nobody went broke" TO-day's up-tOp prices showed
an advance for three days OF 10 cents busiel ana
an advance for the fortnight of almost 10 cents
bushel Yet everybody went through the clearing
house as If the fluctuations had been ordinary Ones
There have been evidences for three days that the
seaboad and foreign holders were realizing ther
profits, There was no doubt at all about 1t today
At the seaboard and here, probably H. every Other
market where they were doing business ana whefo
the foreigners had Interest Continental Dus "e'o
letting 70. Ncw-YOrk messages kept relterathB hae
"a great unloading going on there' Inc S'"io
thing was patent enough here Antwerp auu r"ii'
through every possible connection did selling was
bis which finally stopped the market and turned u
down.
At Berlin. where ever since the Russian ukase pro-
hbiting the expectation Of rye, there have beeh inc
nttdest sort of advances, wheat to-day declined
ocuvolent 70 10 cents a bushe This Berlin collapse
,yos known here by noon and contributed not litte
10 the local break The increase III Ine 's'i' Supp"'
!. .3Ot, 900 bushels had some effect.
nbe po,vs from the Northwest to the erect thao
Tho caner were at work everywhere; that almost all
OF the 1O4 cars at Minneapolis were new wieat' ana
that the receipts at Minneapolis ana DuIuI heAe "ecA
would be tremendously heavy. III there hdu Doen
s,unr. rrtces would have gone higher than they did.
II yas known before noon, however, tat everybody
a zone through the clearing house all right, and that
.',.A ,T or, tension on that score. The news that
no from New York. even from the bull houses there.
- =. .be effect that new export business had been
"'9 49,, ~, the advance and that all Of the old bulls
~ ,ookinc for u reaction. At night on the curb
- ,ros no such excitement as there has been OF
-. privileces were not out OF sight. Wheat, after
i u.,,,ar close. was anywhere between 81 o3 and
0 ~ ot sn December "Cals" ranged between 81 05
and 81 IL L. - -. ~, . .,,.., 49,, ,,6
-, ,ho.o In wheat. september closed on saturday
bt at 90 . cents. To-day 1t touched so and closed
- 40 . cents SO far anybody could see IL was
innlv a matter OF sympathy. shorts were suffering
div in wheat that made shorts In corn disposed 70
roi ont AZ any cost. The Western weather was hne,
ehowery and hot. Such crop summaries as were on
hand we're favorable; the movement gave signs Oh an
Increase There Az cars in the morning. inc
estimate for Tuesday was $50 cars.
oats sold 10 80 rs cents for September but closed
al 20 3-s cents. The strength In sympathy with
wheat. -, ..., Ar, -,
Provisions, by falling 10 sympathze with the bun
excitement In grain continue TO exhibit their extcme
$40 40, touched $40 o5, reacted 70 % 50 ana closed
at w 90. september lard touched % 9os 6ut cioaA