The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-06-29
CHICAGO Markets
The Board of Trade.

CHICAGO, June G-The manipulation
character OF the present trading ia july
wheat was forced upon the Most ootlsc
understanding By the violence CT It's ar
tics during the first half-hoZr OF the Sss-
sion The price OF months delivery 81 the
close Saturday Vas ss-sc. II was quoted
al tAe opening today al tie way ir3f1
70 sl1rc. In Eve IlIase thereafter IL
EN fallen 70 sS3sc. and before the expira-
lion q the first halt-hoar il Vas up again
10 &c Tor an instant Ordinarily such VIC
LETT and rapid fluctuations would De 20 tas
accompaniment Of an immense business.
PdS oA taiS occasion the Quantity tEAt
changed hands Mas strangely out OF pro
EoEuoa with the noise over II n the pat
There were large quantities OF wheat Ter
sale at the opening, but no one would buy,
and not cntll sslxe had been quoted did
whether ths break had broken the alleged
corner differed, a good many holding TO
the belief. which was strengthened By the
fact that little or TO wheat was offered
by those who Were supposed 10 DC interest
ed In the deal that IL vas nothing but !
shaking of OF the small fry. At any rate,
IL had thai effect Spring wheat did not
opening weakness. Il was quoted at the
opening al about nc advance, eeislEoss.c,
few lots selling at eolzc. II declined 20
tons OF going 10 higher prices. and it re-
covered To SS1sc when that fear was al
laySd for the moment.
Liverpool reported only ia advance.
n
that the crops IN those sections were the
Finest ever Seen. and California. adylceS
were equally favorable.
The market ruled comparatively dull
AFTER the subsistence Q: its first explosion
until about one hour from the close. when
Il became atfl!ly active and again weak.
Some OF the latter weakness was caused
by caoIsgEam from well known Liver
pool house. which said Russian wheat aad
rye crops would be abundant and panu-
6ian wheat equal IN quantity. but de-
hcient in quality. from last year. The
July price appeared TO be pesged az 701ac
near the end. but September got down TO
651sc and closed at 65is 6154c. July was
1Dc at the close.
There was fairly active trade in corn.
II ruled Arm during the early part OF the
session, shorts being inclined 70 cover.
not Nitfstaaaing generally favorable
weather The weakness displayed BY
wheat later In the day caused more liberal
offerings OF corn. and the advance was III
un.aiely lost. Local receipts amounted TO
oi2 cars,
Oats were easy and ruled shade lower.
with quite good business transacted
There was big trade in provisions with
a great deal OF important covering. Firm
prices made shorts anxious TO cover. They
had great difficulty in doing so. and sharp
advances were scored. but at the extreme
figures packers were more disposed 10 sell
and reaction followed.
Live stock.
Cattle-Sales were on q basis OF 6 SaG4. %
for very common 70 choice native beef
steers. with prime TO extra cattle sala-
bile at sSs.5.l5 There vas no change in
saockers and feeders today. the demand
being fairly active. Calves sold at s359Q
$40 Tor common 10 fancy
Hogs-The bulk crossed the scales at
50 EIab1 Hogs sold at an extreme range
OF Ss.locz SO and pigs at * 25tE3.5S.
Sheep--Eor some unknown reason there
was an extra big supply OF sheep and
lambs today. Lambs comprised the great
bulk OF the offerings and So les were al s3Sr
30 for inferior 10 the best Sheen were
weak and fairly active at s.. 5elt3 Ga for ma
lives and szEt3e So for Texans and West
erns The bulk Of sheep sold for ssG73 s
Recelpts-CafUe, u, $50, hogs, 400,
sheep, - Ue