New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-07-27
SOUTHERN RAILWAY.
THE TRADE IN CHICAGO.

Chicago, July 20 (speciaD.-wheat went to
pieces to-day. It was because OF the giving out
OF the shipping demand. July closed at 7GA
cents compared with "a cents Monday. Sep
TENDER opened at 1854 cents sold between 667s
and 65A cents. and closed at 65k cents. The
inquiry from the seaboard for immediate ship
ment. the support OF prices here for some weeks
past. disappeared. The July here broke cents.
Baltimore broke cents for the same future:
New-York cents. There a very weak
carot market. with prices 3 to 5 cents lower.
There were larger receipts. Toledo had AS
cars, compared with 1875 last year. and at
primary points there were 637.O bushels, COM
pared with 100000 bushels last year. There
fair decrease In the worlds visible. 400.
600 bushels, but It was anticipated and brought
about no rally. Liverpool was "a to Ia pence
lower. Continental markets showed no strength
and reported perfect weather. Seaboard clerr-
ances from all ports were 32SOOO bushels.
Local receipts were 237 cars with 40 estimated
for Wednesday. The Northwest had 119 cars.
compared with $50 last year. Northwestern
weather perfect. showery. with normal
temperatures. Complaints from that district
have ceased The estimates now are for spring
wheat crop Of at least 3OOOOOOOO bushels.
Speculation is very slow. increased. however. a
little to-day by the decline. The trade here
expects lower prices and a disappearance OF the
premiums. The contract stock 1872. 600 bushels,
showed a decrease for the week OF $1,000 bush
els.
Corn showed steadiness up to noon. Last
prices were y to y cent under Monday SYM
pathy with the exceptional wheat weakness had
something to do with the final prices Septem-
Der opened from 35 to BAN cents. sold between
nfA At
The weather map showed showers this side OF
the Missouri River Kansas and Nebraska
however, were still without them. The forecast
for Wednesday indicated showers in about all
the States except Kansas. There was low
barometer to-day in the Northwest. Tempera-
lures over the corn belt were not so excessive
The Nebraska State Board Of Agriculture Is
sued a bulletin declaring that the anxiety over
corn in that locality was unnecessary. Liver
pool was irregular; UP some futures and OH
on others Receipts were SOL cars; the estimate
for Wednesday. 230 cars. Clearances were S6A-
600 bushels "Bradstreets" reported decrease
east OF the Rockies of 100000 bushels In con-
tract stock The important selling to-day was
by Champlin and other local longs. Champnn
sold a line Of about 100000 bushels The best
demand came from the territory which was
without rain. the States west Of Missouri
Oats were decidedly firm considering the break
in the other grains. July closed at 20 CENTS
which was II cent over Monday. September
sold at 2O7s and 20I1 cents, and closed at wv
cents. which was Y cent under Monday. There
was some shipping demand. with charters for
$40 900 bushels Receipts were 33l cars. with
100 estimated for Wednesday. Clearances were
$50 900 bushels. "Bradstreet's" reported q de-
crease east Of the Rockies Of l.549.OVO busnels'
The seaboard was buying July oats here. pre-
sumably for shipment. Elevator interests were
selling the September and May. Crop reports
are very favorable.
Provisions after dragging quietly all the SEES
sion broke very sharply just before the close
The weakness was In sympathy with the grain
markets but dulness of speculation made Inc
decline easy. Pork closed 30 cents under Mon
day at 50 s. for September; lard. 121s cents
under Monday at IS 52h ribs. TN cents under
Monday at S. 521e for September. Hogs were
easy. with 1900 received and 10000 estimated
for wednesday. At the seven Western points
there were $4,000 against 10000. There was a
fair demand for lard. Local shipments were
liberal, 5SOOOOO pounds meats and l,ooO.oVo
pounds lard
On the curb puts on September wheat closed
at Gas. cents; calls 66 cents. Puts on Septem-
Der corn closed at 341s cents; calls. SoA cents.