New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-07-08
THE TRADE IN CHICAGO.

Chicago. July (spesiaD.wheat stubborny strong
all the forenoon and finally wound the day by sharp
bulge sensational advance Paris -four mark.,
and reported good buying Of crop months
az the seaboard by foreigners leading news items
All OK the foreign markets. however quoted strong
and ST. Louis firms were buying here a scale which
nsclted that they were in receipt OF buying orders
abroad News received early from the seaboard that all
OF last nights offerings OF have been gobbed I'D
by foreigners and that the accepances were the largest
IN TWO years emphasized the strength In Europe.
siderable weakness In reports the move
ment OF new wheat from the Southwest would be very
heavy served for time hold rarke: steady and
prevent its advancing The Of only l. 100 900
busheis In the words visible supply last and The
Orange Judd Farmers estimate Of total crop u
5I5c000o0 bushels also against the market
Nevertheless, the ST. Louis buying continued and Sep
temher wheat. which had opened at 65 and had hung
ground G5 65N all the forenoon ran Up to 6 bid and
closed at GG4 cents asked Northwest receipts 1877
ears. against 43s year ago primary markets re
ceived 2l"o0 bushels against bushels on the
responding day last year. Counseman reported twenty
coroads ~ No. red wheat bought TO arrive this month
from Central Indiana Other firms told OF heavy
offerings OF new wheat from the Southwest July
delivery Local sales OF cash wheat were $1,000 bushels
No. Northern and 10000 bushels No. spring to local
mi.ers.
Clear ard hot weather Yves, and Southwest with pre-
dicions OF more OF the tomorrow caused general
AND 6 Wins Nays n corn Dsns d.mas: in
oa a Eq0d a:mP i2' @ % the Se, bulls .9d
CQmstock and Brosseau also sold and number OF
wheat scalpers followed The purchase OF over
bushels by Bartlett Frazier Co. the ', decline
caused ey the selling by longs the early sellers
thinking, and the subsequent strength ot wheat
them 10 buying their corn back again. Ccmsacks.
s"au's and R,reus brokers' Joined iniiscrmlnste
scramble to Nuy AT the close The real feature 81 the
day in the corn rarksi however the big buying
TIE public Commission houses ~ all sizes executed
orders from al points OF the The Orange Judd
Farmers report bearsh. While
ported the condition lower than usual this date
iad this vas entirely due TO backward growth did
not affect the y'tay OF the rlnrt. TIE acreage
made per greater than lf. year September corn
opened with saes anywhere fror, 21iS 27k while
the big se.lln" BY lorr7 under way dropped 26.
cents Al tho clo.e up 2s and Anal sales were
n: 2's cents Estiraies tr tomorrow light
pected
In the greater part he day was devoted to
evening up both by longs and shorts The
individuality and simply followed corn July was weak
The corn bulge late in the session made the market
all around Receipts 4s2 with rs esrna ted
for tomorrow. July opened at I7% GOLD iSs down
TO ~. then t. IN closing AT i73 bid September
rsnsed between ~ and lsA closing at isi. cents bid.
ana selling freely The biz advance in corn and hs,W
speculative buying by outsiders and by bulls nnay
brought provisions up close 70 yesterdays closing
The packers supplied all wants Cudahy being the LEADING
seller Of RIBS and lard though followed closely by the
bc lard -sld from s. IS to 81 TO- closing S. i2,. sep
cmser ribs opened and closed at & the range for the
day living from 81 t2n 10 s. an.
There vas eTpor Inquiry here for cargo Of but
II rot available.
calls" o7,, cents Puts on September csrn were
CIV cents; 'rllls,' 2sh cents