New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-08-05
THE TRADE IN CHICAGO.

Chicago, Aug (SpeciaD.-September shorts
in wheat were on the anxious seat again, with
cash prices up about cent and the September
and August up 7s cent. The December and May
continued to lag. hardly holding their own.
Small receipts everywhere. barely third of last
years, disconnected people with September sold
st. Louis was the prominent factor. One Hter-
est down there covered shorts freely UP TO noon.
After the market got over call figure another
st. Louis interest. Kaufman. sold freely. Sep
TENDER opened at 65h cents, sold between 6s1s
and 661s cents and closed at 66k to G6A cents
At times the market was over the call figure
and It closed Just at the call price Toledo lad
only 1OS cars compared with 203 last year.
Kansas City only $780, compared with 39S; Chi
cago, 49, against 149: the Northwest u cars
against $50 At the primary markets there
were 374000 bushels. compared with So0OOO
bushels last year. The cash demand looked
large compared with the supply. With No.
red and No. 2 hard going at 60 cents In the car
lot market. September shorts were naturally
nervous on sales made at prices 3 cents dis
count. Seaboard clearances were $4,000 BUSH
els Europe had fine weather and cables were
a tribe easier. There was Some inquiries as TO
whether or not there were any signs OF Septem-
Der manipulation. There are none, but with
only 100000 bushels contract wheat here, with
a large outstanding short interest with the
winter-wheat farmers not disposed to sell. ana
with the spring-wheat movement three weeks
off, there are September bull possibilities.
The prediction by THE Price Current that
the corn yield would not be over three-fourths
of a crop added " to q to the corn price. Sep
tember opened at 32as cents. sold from 82ss to
1914 cents. and closed at 831S cents sellers.
hffSh he'll
charters in two days have been about two
million bushels. and It is said that the business
for export from here within a week has been
not less than three million bushels. Receipts
we're 423 cars, with $40 estimated for Friday.
Liverpool closed q to I'D higher. Samples were
n cent higher. Seaboard clearances were 1CO.-
600 bushels The West had cool weather. Every
portion Of the belt has had a wetting down.
But It Is being taken for granted that the
drouth damage was in a good many places be-
yond repair The Government report next
Wednesday will drop the condition about FIVE
points.
Oats were firm, without being very active.
September sold from 2O% to 211s cents. and
closed at 2O7s to 81 cents. Charters were re-
ported for 415.000 bushels. Receipts were 23I
cars with 265 estimated for Friday; samples
were u to cent higher. Seaboard clearances
were $4,000 bushels. THE Price Current said
that the signs were multiplying that the oats
crop had been impaired
Provisions had little recovery from the Sc
we're break of Wednesday, lard closing lO cents
over the day before ribs cents over ana pork
to 10 cents over. The market, however, did
not have much snap. Hog receipts were light
$4,000 with only 10000 estimated for Friday
but the packing at the West for the week was
40 900 hogs. against 29J,000 for the same week
last year Receipts at the seven Western points
for the day were $4,000. compared with 10000
last year Shipments Of product were not so
largo as they have been averaging. 1.S2SOOO
pounds meats and $4,000 pounds lard Liver
pool was lower Cd. off on bacon and 3D. off on
lard The speculative trade was not important
some of the interests which bought literally On
Wednesday on the severe break realized to-day
on the slight rally. There was good shipping
business In lard
Mt f,5ib cents: calls. 667s cents. Puts on Septem-
Der corn 322t cents; calls. 28H cents.