New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-08-10
THE TRADE IN CHICAGO.

Chicago Aug. Q (SpeciaD.-Wheat lost a cent
early ana then recovered almost all of It. Sep
tember opened al 661a cents. sold between Coz
o,d G5S. cents and closed al 66ss cents. There
were larger local receipts 300 cars. but the esti-
r,ate for tomorrow was smaller. 93 Re-
GENTS at other points were small. 100 cars at
Toledo. 1873 cars at Kansas City and only 1900
bushels ri St Louis. The Northwest had ~
cars against lG1 last year. At primary markets
there were only 49, 900 bushels compared with
510Oy0 bushels a year age. The decrease in the
worlds visible 3295, 900 bushels was about as
ANTICIPATED and had no influence. ST. Louis
and Kansas City declared offerings TO arrive
were increasing somewhat. and predicted freer
movement. The cash market here was. II any,
thing little nrmer than the futures. The con-
tract grades were off with the speculative
markets but the other grades were firm. The
rally AT the close helped by reports from
the seaboard Of 40 leads for export Cash sales
here were nat at $4,000 bushels and charters
were made for 221 900 bushels. Seaboard clear
ences were 40 900 bushels New-York was the
weakest market on the list although It recov-
cred with the others The Northwest was re-
ported hedging at the seaboard. There were
some signs Of Il also selling here. The specu-
lative trade was limited. every bearing in
mind that the Government report was due with
in twenty-four hours II will give the August
conditions Of spring wheat. The Northwest con-
tinues 70 have perfect harvesting weather. Crop
news from abroad was bearish, freer move
ment in Russia and fine harvest prospects IN
England The contract stock. 63s,OO0 bushels.
showed an increase for the week Of only 12O0O
bushels.
Corn was weak early, but recovered some. The
close only u to a cent under Monday. The
decline 81 che tine was 81 cent. september
opened a, 33ls cents. sold between 33is and 32ss
70 S2A cents and closed a SO cents Large re-
ceipts had something TO do with the early dip.
e70 cars. with 325 estimated for Wednesday
Ca bles were off a fraction. seaeoard ciearances
were 52S 600 bushels. The Kansas State report.
received here In detail. makes the acreage OF
that State 100000 acres less than the Wash
ington figures in July. Tho speculation was
limited by uncertainty as TO what the Govern
rnent report would show tomorrow ayA condi-
ton OF 81 per cent will suggest '"tai yield OF
500. OOOOo bushels and Will be considered
bearish The market shows some evidence OF
being overbought and Of lacking short interest.
There was good cash demand. with charters
OF 331 900 bushels.
Oats followed the example Of the other grains.
yielding early but closing with most OF the &C.
cline recovered. September opened at 2o7s
cents sold between 2Oss to 20aa and 2O3s cents
and closed at 207s cents Receipts were 49, cars.
with 200 estimated for Wednesday. The sen
board cearances were 5000 bushels There are
some indications Of a better country movement
Receivers and elevator people the sellers
The Government report is anxiously awaited.
Provisions were weak early and then recov-
cred Pork az one time showed a loss OF 2'i3
cents lard and ribs Of IA cents; the last prices
were Just about the same as Monday There
were only 1900 hogs with $1,000 estimated FOR
Wednesday, yet prices were to 10 cents lower
The early break on the dulness and on
some liquidation. II looked as II certain OF the
packers made drives at the market and then
took their lines back. with possibly some add
tional on the decline. Shipments were large.
over 100000 pounds Of meats
On the curb puts September wheat closed
At 637t cents calls at 6114 cents: puts on Sep
TENDER corn 1924 cents calls. 80 cents.