New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-29
no POOR WHEAT FOR LETTER
THE YOUNG SPECTATOR WINS A POINT
IN HIS FIGHT.

FAILURE OF AN ATTEMPT BY AN ELEVATOR CON
Germ TO GIVE HIM GRAIN BELOW TIE con
TRACT GRADE-THE MARKET STRONG.
Chicago. Dec 2s.-Joseph Letter has apparently
ro, a victory in his fight with George A. Seaverns.
the grain elevator owner. 10 the quality Of wheat
~ re delivered on Leers contracts. Letters commits
go, men Alexander Geddes & Co., sent the steamer
Iron King last week TO Seaverns's elevator, the
Alton 20 load with No red winter wheat. BY the
time eight thousand bushels OF the steamers cargo
OF seventy-fve thousand bushels lad been spoutei
iato IS hold Letters private inspectors ;urned the
wheat down. They declared 4 Up TO contract.
Nj Seaverns now offers take the wheat out c;
ne vesse and to give different giade
Letter and his commission men say the big fight
q lie gTcal whea, deal is NOW on. that they in
,ead 10 get just the Kind OF wheat they bought and
M ooorer. They haze a feet Of vessels. OF which
TIE Iron iIirs : only ready 70 take all the No.
? red winner wheat for which they hold contracts
n he Alton elevator about two hIndi Ell ana seven
- thousand bushels. The Letter people say that the
Alton grain has been mixed down too fine and that
q is too la:e % change it, II This happens. The
private inspectors employed by Letter VIII protest
the Appeals Committee will at once he called anew
and the fight vii! De made over again.
II II should happen that the Appeals Committee
should throw out any quantity of the grain ten
de-e5 by anv elevator a sensation misht follow
The State Grain Inspection Department has IN
spectcd tie grain into the houses. thereby permit
nc warehouse receipts TO De issued against IT,
7,be SAFE could De held responsible In case It de-
yelopea rs enp.oyes had been TOO ienient
There are about eigh, million bushels OF contrac1
wheat In the Chicago elevators Letter owns IL al.
=, - sill in the possession Of the elevator pcope.
Certain carsoes were taken from Armour and found
very satisfactory. II is. however, only as Letter
5eg,.s 10 load wheat out OF the eleVa oTs that ne
can tell what kind Of grain ne is to set on his con-
tracts.
II was an irregular wheat market to-day M Al
IRE opening weak about midday and hrm al the
close Ma opened al So. sod between 9Si2 ana
=: 4 cent over Monday. The December was erra'c
{, snlte OF very iig.I trade 80 cents an" - "
ana closed a eea cents The statistics were t[ahS
The market The worlds shipments W. 80.
s1,snes rather liberal tor Chris mas week olt1-
western car los were large. So; here theN We.
as cas- with ?35 cars e-tlma'ed ior NelhrsldE'
The contract stock. lr5'J Dus!.els a. oo1
nich, showed an Increase for the week o. 80 ~
since Saturday niyht 81 about 100000 oushe's. 80
fh,t the contract wheat In storr to-hlsht 49,.
rates about $4,000 bushels. loe wCfto NiStoe
t.crease9 so- the week 5000 bushels. there being
gco5-s.zed decrease aoroad out an increase m
America The market a: ore tine vas AZ pa.
Agure. Just before the close 7 Has arhos, ~ ~
ava sna,,Ilation bgoadened IN the last hour The
Strength q coarse grains was hep. TIE are
Thursday ard FRIDAY. No ore looks for an; ere
works however IT ~. ne taken ior Euah'It - ~
vii oe no short Interest left 10 sQleeze ~ "a, IA
IS II will prove sreat surprise 10 eveTynoaoy.
rsorfe loading fee ~ Nesse!s a. Hca Nt'itS,
house Though ne IS finding good deai y t;"I w.
.aer1e - 80 arle % AXE o. himself and
vher he eets rs line o, cash wheat II Vii oe ne
,. CT ths cs fFts al Pqiis on May wheat 'F'