New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-08-24
CIV FP4ycISCO INNING STOCKS.
THE TRADE IN CHICAGO.

Chicago, Aug % (SpeciaD.-There was a turn
In the wheat market to-day. There was not
nearly so much bear talk. A large cash business
was done. probably 100000 bushels. More OF 1t
was taken for export The charters here to-day
were for 10000 bushels. Cash wheat people
say that the 100000 bushels OF contract wheat
which was In store Saturday night has been
entirely cleaned out OF here in the last three
DAYS Shorts did the buying. Cudahy, Barrett
and Brosseau leading Seaboard cearances
were 6S1 900 bushels. The worlds visible supply
decreased for the week 3.49S,000 bushels. COM
pared with an increase last year OF 43Oooo
bushels There were large receipts In the
Northwest ga cars compared with 2l5 last
Tuesday and 234 last year. but receipts at
all the winter-wheat markets continued small
Chicago had 259 cars compared with 3S4 last
wear. Toledo had 223 cars. compared with 2l6,-
600 bushels last year; st. Louis had 5000
bushels. compared with 10000 bushels last
wear: Kansas City, 221 cars. compared with
eos cars last year. In spite OF the very
large Northwestern movement. the winter
wheat was so small that the total at primary
points was considerably less than last year, ooo'
900 bushels compared with 9I3:OOO bushels
There was a good deal Of talk Of cheap money
everywhere and Of the ease with wnich
wheat farmers might hold their grain II so DIS
posed The effect Of this bull talk was 10 ad-
vance wheat prices q cent to IL cents, August
making the best advance September opened at
GO cents sold between 627s and G37s cents. and
closed at 63% cents. The strength OF the Sep
TENDER increased the December discount some
what as the December lags behind on every
strong day. 1t closed tonight at ~ cents. Inc
foreign news was exceedingly bearish. Spot
wheat at Liverpool was off ~ to "a. Private
advices from the Northwest were Of an enor-
nous spring wheat movement at once.
Corn rallied y to Y cent. and closed about at
the top. September opened at 1913 to Z9a4 cents
sold between 29% and 30b cents. and closed at
30 to 3IM cents. The December closed at JOS
cents. Receipts $50 cars. with ago estl-
mated for Wednesday. Samples were q cent
higher Gables were irregular; seaboard clear
ances were 100000 bushels. Charters were re-
ported for 100000 bushels The West was not
selling cash. There was very large business
done late Monday afternoon. Cash bids were
barely as good to-day. and the aggregate OF the
shipping business was small. Bradstreets re-
ported that the available east Of the Rockies
showed a decrease in wheat OF 10000 bushels
Last year for the same week there was an IN
crease Of 4312, 600 bushels 1t was largely
changing market. Counselman was very large
seller of December. There have been hign
temperatures in the corn States for the last few
DAYS and they have given rise TO some new
crop complaints. Speculative holders appear 70
have been pretty we'll disposed Of
Oats gained "a cent. and held 1t. The strength
was sympathetic with wheat and corn. Sep
ten,ber opened at 19x. touched 1875 and closed
at 19x. May sold at ON and closed at 22hg
22L cents Receipts were CSC cars; the estimate
for Wednesday. 300 cars. The shipping demand
was slow Seaboard clearances were 10000
bushels II was changing market elevator
people buying September and selling May
Provisions were firm. although exceedingly
dull. Pork closed ~ to 10 cents over Monday;
lard and ribs, 2ih TO 5 cents over Hog re-
ceipt. were light. 1900 head. with $4,000 estl-
mated for Wednesday. Prices at the yards were
Arm Receipts at the seven Western points were
80 900 compared with 1900 last year. There
were enormous shipments OF product 5,13',OOO
pounds OF meat and 2.372,000 pounds of lard.
Every one reported a good cash business. Liver
pool was Cd lower on lard. No one looks for
bull market until after September !. II is
rather expected that the yellow fever fears VIII
continue until cool. fall weather begins.
On the curb puts on September wheat closed
q, 63lt: calls at 643s Puts on December wheat.
6lss: calls 62t Puts on September corn. 80;
calls 3OA Puts on December corn, 80; calls.
sou.