New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-08-06
THE TRADE IN CHICAGO.

Chicago. Aug (SpeciaD.-September ana
December wheat closed about cent over ias'
night and at one time showed better advance
than that. The August was up at one time
almost cents. touching 20 cents and closing
ct 60 cents. September opened AT 661s cents
sold between ga. and OLE 10 CAS- cents. ana
closed at 6Ii. 20 5I% cents. The December closed
Il, cents discount. There were rams IN the
Northwest. creating the fear among the shorts
that the spring wheat harvest might be inter-
>ered with and the hoped-for movement delayed
Liverpool was up IL TO pence. Receipts IN
the West were less than half last year. only
$4,000 bushels at primary points. against efi,'
600 bushels Chicago had 81 cars. against ia
last year. Toledo. - cars. against III; kansas
City. l6l cars. against 49, AT ST. Louis there
were 5000 bushels. compared with 9S.oo oush'
els twelve months ago. The seaboard clear
ances 10000 bushels. were 30 per cent larger
than the receipts at all primary Western points
For the week Argentina did not ship bushel
OF wheat Contract grades OF wheat were
higher at outside markets than here the No
Northern at 81 cents in Minneapolis. and the
No red at 20 cents in Kansas City. Export
business was not large from here because the
wheat was not available one lot OF No. hard
Kansas wheat 10000 bushels. sold for export
at cent over September. The No. red and
the No . hard grades sold al y. 10 cents
over September. and were hard TO get IL Is
expected that ;he visible supply Monday VII!
decrease at least 10000 bushels. The exports
this week have been very large. and the receipts
in the West small. The speculative trade was
not broad to-day Shorts have been frightened
out Local bears have aiken their loss. How
the outside shorts stand II Is the mystery.
There are a good many bulls who are helping
the price along now because they want TO get
out a good short sale later on at higher prices.
Corn was up II cent at one time OF the day.
1t closed X cent Thursday. september
opened at 335. cents sold between 33i. and 331s
cents and closed at 33ss cents. The corn
strength was largely because Of the very iarse
cash business done yesterday and early In the
week at probably 35OOO0O bushels sold for ex'
port here this week Not so much was done
to-day possibly 100000 bushels. Charters were
100000 bushels Receipts were 436 cars. win
40 estimated for Saturday Samples were y
cent higher. Liverpool was up ~ to y penny
Seaboard clearances were 1i6OO bushels Ar-
gentna shipped only $4,000 bushels. compared
with 52S.0W bushels last year The market was
over calls all the session. The West continues
to send damage claims. although there II h'
pretence that the drouth has not been Thoroughly
broken. The West is Offering very little cas-"
corn. and is not disposed to sell the futures
To-day's speculative trade was only fa'r o"''
1t is taken for granted that the Government ie
port Wednesday will drop the corn cohdi''''
at least points. and there is some buying y"
that
Oats were steady; up at one time only y ''
but holding only half of 1t. September s.,"
from II TO 2lia cents and closed at 2l% 10 ~
cents The May touched Dan cents, ana eos
at 24h cents sellers New No. 5 10 a'i'S
brought ~ cents over September Heoep
were 30 cars with go estimated for sa'u'""'
Samples were Il to l cent higher Seao'~
clearances were 5000 bushels. Oats reee,p
are not particularly large. but the wet wea'",.
might explain that. The grading. howe'e',
good for this season. particularly OF ''e a.
oats. The crowd expects the GoverEmen.
drop It's oats condition August 10 ten 10 "
points. -
Provisions were firm In a small way ~
closing ~ cents over TIL Irsday; lara anN
pa cents over. There was an inchhauo"
sympathize with corn. There were ZiVoo Y,v.
with only $4,000 estimated for SATURDAY
erpool was up pence on lard The'. -,
good cash business. Tho bull success "o"'