New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-08-25

Chicago. Aug - (SpeciaD Wheat acted Ike
n bull market up 10 noon. then Il turned very
weak At one time September VAS - cent over
Tuesday: hut IT closed at ~ cent under Sep
tenher opened AT G3ss to G3ia cents. sold between
6lN and SO cents and closed NJ t3is cents.
TIE December price continues to lag on all the
strong places At one time lt was cents under
September. but II closed T., cents under. The
early strength was on covering by shorts. The
collapse IN the last hour was because shorts
got filled up. and because the speculative trade
then became very dull. There were scattered
showers through Minnesota and Dakota and
the spring wheat States have had good deal
OF rain for two days: hut the spring wheat
movement Is Increasing all the time. Minneap-
oils and Duluth had 415 cars to-day. compared
with Isl cars last Wednesday and la last
year. The winter wheat points continue 10 get
a good deal less wheat than last year Chicago
had 40 cars, against 229 year ago; Kansas
CITY. $4,000 bushels. compared with Oo,0D
bushels. St Louis 10000 bushels. compared with
10000 bushels. Toledo III cars, compared with
1900 bushels last year. yet the spring wheat
movement. made up the winter wheat defct.
and the total at primary markets. $1,000 BUSH
els WAS about the same as last year. $4,000
bushels. The foreign news was generally bear
famine in some OF the Russian provinces; but
Liverpool prices were /. to Y penny lower and
London was depressed and a shilling lower.
The weather in England reported fine; the
Prussian prospect was FOR average crop. and
the Australian outlook good. Seaboard clear
ances were $4,000 bushels. The feature in the
pit was covering by shorts principally ST. Louis.
Darymplc wired from Minneapolis that the
rains would delay the spring wheat movement
about week. and that the yield four to six
bushels less than early estimates. A quick
break in corn had something to do with weaken
ing wheat The sample cash market was about
cent higher. Shipping sales from here were
90 600 bushels.
Corn was strong up to noon. advancing ~
cent 1t closed weak. q cent under the top
and I. cent under Tuesday night. September
opened at 3Ois cents. sold between 30S. and
291. TO POS cents. and closed at 29s 207s cents
The December barely ~ cent over the Sep
tcmber. Receipts were large 5l2 cars with 700
estimated for Thursday. The shipping demand
from the seaboard was slow. Gables we're about
steady. spot u penny higher. Seaboard clear
ances were 492,GOO bushels. Early there were
claims from Nebraska and Iowa that the recent
hot weather had done great deal OF damage
To-days weather conditions We're. however. per-
scattered showers. The State bulletins from
Ohio and Indiana reported corn in good condl-
ton. There was a good deal OF covering early
but in the last hour the early buyers were the
best sellers Charters were 10000 bushels
Oats followed corn up 4 to q cent early and
losing It all later. September opened at 1914
cents. sold between 20ls and 1913. to 1873 cents.
and closed at the bottom May closed at 22Ls
cents. Receipts were 900 cars. with AGO est-
mated for Thursday. Samples were y cent
higher: seaboard clearances. $4,000 The Amer
lean Cereal Company has a big line OF May
oats. possibly 100000 bushels: and profession
ais fear 1t may start TO sell the line out
Provisions were firm early In sympathy with
grain. and because hogs were , TO 10 cents
higher. When grain eased OFF provisions fol-
lowed the example. Pork. ~ cents higher
early. lost all the advance Lard and ribs,
Iis cents higher early. lost almost all their
advance There were large shipments of prod
uct 100000 pounds OF meats and 100000