New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-08-07
THE TRADE ~ CHICAGO.

Chicago. Aug. q (SpeciaD.--Wheat at one time
to-day 1ts cents over Friday for Septem-
Der. Cash wheat made a better advance than
that. The futures did not close at the top. 1t
looked at the wind-up il some Of the elevator
interests twere selling September. possibly in
fluenced by more liberal estimate for Monday
100 cars for this market. compared with III
to-day. September opened at Ga cents. sold
between 61h cents and GS7s cents. and closed
at 6Sb to Gsl4 cents. The market was over call
figure most Of the day. 1t closed just at calls
August up cents. Il cents. compared
with 60 cents Friday. No. . red lots sold at
Is cents, which Az cents over September
the No. hard. 72Iz cents Cargo lots were
higher. There more determined scramble
for cash wheat to-day than on any day this
week Seaboard shippers getting nearer
their shipping contracts. and must have grain
They looking to the Chicago and Kansas City
shippers who contracted to deliver IT, The De-
cember increased ITS discount - cents at the
wind-up under september. The weather map
showed rains in the Northwestern States. lead
ing to the fear that the spring wheat move
ment might be delayed. Receipts were light.
the primary total a good deal less than half
last years. $40 600 bushels compared with
$4,000 bushels. Export clearances were 10000
bushels. exceeding Western receipts. Liverpool
was I'D. 10 sd higher, and the weather in
England was unsettled. The Kansas August
crop report made the yield 900 bushels,
the second largest on record. Charters to-day
were 100000 bushels The visible supply Mon
day will decrease 10000 bushels. There will
he a decrease on passage. and the worlds ship
ments will be less than j,000.0OO bushels.
Corn bulls were disappointed. the market clos
ing q cent under Friday. although the Kansas
August report amde the corn condition
only 30, compared with 50 in July Sep
TENDER opened at 3}la cents sold between 333s
cents and 327s cents. and closed at ::'ts cents.
It is expected that the Government report.
which will come Wednesday. will be a disappoint-
ment to holders. as Government reports usually
are. If Il shows n drop In condition OF only
. points. the figures will still suggest a yield
Of 100000 bushels. Private crop advices are
bullish. even from Iowa The shipping demand
to-day is not good. Receipts were 4J2 cars.
with 800 estimated for Monday. Cables
fraction lower scaboard clcarances
$4,000 bushels. Nebraska had heavy rains; all
the corn States likely to get rain tomorrow.
The speculation has tagged Of late. The
ket seems to lack shor; interest. Charters to-
day were go 900 bushels
oats acted about corn dill up 4 cent early.
but closing q trfe under Friday September
opened a. 2l', cents. sold between 2li9 cents
and DIS cents. and closed at 21is cents
May closed at - cents. Receipts
19l cars. with SO for Monday. Sea
board clearanccs were 22G.Ofp bushels The
cash market was steady early. but closed Aat
cent under last night Charters were 10000
bushels.
Provisions started with a show OF strength.
but closed where they did Friday: September
pork. 50: September lard. 532is cents: September
ribs 322ia cents There were only 10000 hogs
and only 1900 estimated for next week Prices
at the yards were = to 10 cents higher hut
there s no speculative trade. The cash bust
ness keeps UP. but the outside is not I'm the
market.
Hog receipts at the seven Western points were
~ 600 compared Win II 900 last year 30 one
feels bcarish after such break a provisions
have had. but 1t viii TAX" a revival % specu'l-
tion 10 bring about any advance.
on the curb. puts on September wheat closed
al 81 cents. calls az G9a- cents Puts on Sep
tcmber corn 32s. cents. calls. 33i. cents.