New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-07-14
THE TRADE " CHICAGO.

Chicago. July f. 1SpociaD Wheat opened
strong made rather fair Roadway for hour
or two. then gradually slipped away and closed
weak AZ n sharp decline Local bulls. under
tho lead Of Barrett and Harry Champlin. at
tempted - cause stampede as shorts in the
early hours Their efforts were vain. for the
reason that the fcw shorts who had failed 10
cover yesterday were too strongly intrenched
10 think Of buying around current figures
Though these leaders started with n fair follow
ing among the scalpers the latter abandoned
them as soon rs they discovered that influential
houses were selling. Milmine- Bodman Rum
sey. Chandler and Cudahy all undoubtedly put
a great deal OF wheat on the market. Bv the
time the tailers attempted 10 cell out they found
the wants Of buyers pretty we'll supplied. The
result. Or course. "A sharp break The re-
ported large export engagements Of Yesterday
were not entirely confirmed today though they
were still influence when the Board opened
The predictions Of wet weather in Southern
Indiana and Illinois and in Southwestern Mis-
souri, were fully potent influences FOR strength
was the export business. The Government
and the various state crop bulletins told of ex-
cellent progress by threshers through a large
proportion OF the winter wheat belt Neverthe-
less the receipts were not large enough 10 give
ordinary bears any courage. Total primary re-
cc'pts were lIj.OU bushels against go 600
bushels n year ago. July wheat was the weak
est on the list. II opened at an advance Of 3
cent from last nights close, then straightway
declined u. cents and closed at the bottom
September wheat opened at t;Si, cents bid sold
as high as 6Si2 cents. and slumpcd off 10 ga.
cents at the close December closed AZ an
cents. which was a net loss of II cent from
yesterday.
Corn was strong early. and the same hui,
crowd that was interested in wheat was huu-
Ing it as hard as possible 1t suffered the sama
sort Of break at the close as did other praips
The weather was all that could he desired and
the Government and the various State bulletins
told Of excellent crop progress and prospects
The cash demand was fair as few resting
orders were caught on the break Scptember
opened at 32as to 32ia cents sold AT 32ss 70
32% cents. and then off to 31% cents AT rho
close. Charters, 100000 bushels at q cent 70
Buffalo.
Oats were sold heavily by strong local inter-
ests. among which elevators were prominent
Seaverns. Bartett-Frazier and Pacaud led tho
selling. September opened at l9a. to 1914 down
TO ~ cents. and closed at 1915 cents Tho
May lost full cent from the top price. and
closed at loss Of = cent from yesterday at
2l1a cents bid. Charters tO,OO bushels
Provisions opened strong. as local receipts ~
hogs were 10000 less than expected and ward
prices were up 10 cents. Scattered longs began
TO take In profits. Packers began selling and
the market finally went to pieces REGENTS at
seven western points were $1,000 hogs. against
.-,"U year ago september pork opened at
80 l''a. which was high. and closed at SO 90
"hich was low for the day. September lard
opened at 50 6Ii5. sold at 81 10 and closed a,
- I'd asked September ribs opened At S57,
and sold off at s. 90 at the close
On the curb puts on September wheat c,oso,
at Ssh cents; calls. 67% cents. Puts on g.
tsmbss corn. alss cents: calls. az cents. wy