New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-07-22
THE TRADE IN CHICAGO.

Chicago July q Especially Wheat was strong
up to noon. July shorts suffered a scare. az
vancing that future 81 cents early CASH wheat
was In good demand because OF the smaii arr'-
walls. Paris. however, showed break on jury
equal to Z cents a bushel. That started oe'
cline here which lasted until the close July
lost most Of its 3l4 cents advance. September
and December closed u to Il cent under last
night, after having shown fractional advance
early. July touched SOla cents. and closed at
7Sls cents. September opened at Gss to 0oA
cents. sold between G9h and GIa4 cents, ana
closed at 6Iai TO G77s cents. The December
closed "A to y cents under September. after nav
ing commanded little premium OF late. us
close was 67la cents. There was no explanation
here OF the severe Paris break on July. CONT
mental advices were generally bearsh as 10
crop prospects. although there were lew ex-
ceptions cable to-day said the italian esti-
mate would be reduced because Of recent
storms. Liverpool steady. up I'D. on some
futures. and off "a. on other futures. Cash
prices here were up early about as much az the
July The demand continues. however to be
chiefly for immediate shipment Primary re-
ceipts to-day were All 600 bushels OF which
Toledo had almost half. OF 236 OF wheat
at Toledo, 254 were contract, a remarkable cir
cumstance. 1t is the fact that the wheat crop
OF Michigan, Indiana and Ohio is large and fine.
West OF here results have not been so good
Farmers West are stacking and holding, having
plenty of money and not being satisfied with
the price decline. Clearances to-day were 300
600 bushels. The frosts predicted for Wednes-
day were not realized. The bulls missed that
help. The Price Current said the status of
the crop had not been changed in the week.
m -
with 336 last year. No one believes In any large
concentrated July short interest: but the con-
tract wheat here aggregates less than 100000
bushels so that scares are natural The long
interest is scattered No serious July squeeze
is likely.
Corn closed u to " cents under last night. 1t
was weak from the start. The frosts predicted
yesterday and which helped Wednesdays MIRA
ket we're not realized. The Weather Bureau
predicted showers all over the West and South
west tonight and tomorrow. There was a fair
export business done from here. about 100000
bushels. Seaboard reported 60 loads for export.
September opened from 1914 TO 33l. cents, sold
between 33l9 and 327A cents and closed at 33
cents sellers. Receipts were $40 cars with 800
estimated for Friday. Samples were unchanged.
Cables were "a to sd higher; seaboard clear
ances were 552, 900 bushels. The selling OF flu
lures to-day was by the big speculative longs.
Comstock, Brosseau, Trego-Smth. Phillips and
others.
Oats were irregular They were firm early.
with an improved cash demand for old OATS
they closed easy. July sold at "a and 22a4 cents,
and closed at 22s4 cents. September sold at
201s and at 1924 cents, and closed at 19Hi cents
The talent expects July to lose more Of its pre-
MUM. Receipts $50 cars. with 225 est
mated for Friday. Seaboard csarances, 263.OoO
bushels.
Provisions were easy. Rumors Of yellow fever
aboard the troopship Seneca were as disturbing
to holders as anything Pork and ribs closed ~
cents under last night; lard, cents under Hogs
were to 10 cents lower. with $1,000 received
and % 600 estimated for tomorrow. Specula-
ton Is fiat
On the curb. puts on September wheat closed
at 673s cents: calls. 6SA cents. Puts on Sep
TENDER corn, 32a4 cents: calls, 331s cents.