New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-08-12
THE TRADE ~ CHICAGO.

Chicago Aug II (SpeciaD.-Wheat short. re-
ceived proof to-day hat no matter what the news
there is still some risk in short selling Prices a.
night showed an advance over Thursday OF abou.
%. and az time they showed an advance %
E4c This IN spite. too OF Disappointing
cables September opened az 6a&c. sold between
6e4 G71lsc, and closed az 7g24c December closed az
73Ac, May. 1910. The important motive the
Government report OF THURSDAY night, showing a
drop in the spring wheat condition OF 81 points,
and suggesting a spring wheat yield Of only IA
coo 90 bushels compared with 292 90 90 bushels last
year The trade to-day was not large scale
There was some influential local buying FOR long
account. some OF IL pretty certainly for Baker.
some OF II possibl- for Linn. The shorts wers
rather indifferent up to They began 10 take
alarm in the last hour. Most OF the &c rally was
within the last thirty minutes. Liverpool was IL
different. closing unchanged 10 sd lower. Ths
Continental markets took just as little notes u the
Government figures There was heavy loss BY
hail in North Dakota-over 100000 bushels yes
terddy Threshng returns continue OF uRsa-
isfactory character. Northwest receipts were only
l15 cars compared " III 2j5 a week ago and 50 last
year. Here there 3 cars, compared with III
last year Primary receipts were Just about the sarns
as last year. There a decidedly better local
shipping situation. more inquiries and bids within
lac Of the market A sale OF 60 90 bushels was
made here. and the seaboar1 reported g loads
there.
Corn was rather sn Indifferent market, inclined
70 be easy up to noon. because OF the Government,
report, finally recovering because Of the wheat
strength. The range was only sc, las, prices 10
over Thursday September sold ar S0iz43)7sc, ana
closed al 3oS4G37sc. December closed at SAC
2Sssc May. 2sasq29izc. Shipping bids were not 50
sharp. the premiums reduced trife; country oner-
ings possibly a trife larger. Liverpool vas SgH1a
lower. Corn shorts. however were disturbed W
the wheat experience. Local arrivals were lgntes
-27S cars with go for Saturday: seaboaFd clear
ances were $1,000 bushels Argentine shipments
were liberal-l.4iO0lo bushels Patten was ne
principal seller of futures. An advance IN rates
east of Buffalo August ID may cneck tns dSuianA
for a while. Ocean rates were lower II,
Oats followed the corn experience the range Gay
&c: trhe easy early. and closing &c over InlIs-
day. September, l9asql924c Decembe. !Ssc, May.
2Lc. Receipts 3Si cars with so Tor to-nio..
row. Oats are following corn. The GoyeFIiiInlsns
report suggests a yield Of 7l9epcp busHeIs' Ner
York reports 10000 bushels sold for export nanny
to France. -,.,...
There was more Cudahy selling OF proYi;onns
early. They were AT time active on, E.us
in the forenoon but recovered ana cIoSeo stI -
when the grain markets rallied PORK close1 80
SC over Thursday lard and ribs % &c over
were 1890 hogs. with 1900 for SaturGd' IT. 1s
at the yards were shade lower me ,a4eat, -
rather bullish, because hogs are SO hluCh u"uo'
parity with product. . .,.,.s .,
On the curb puts on September wheat c.2 So,
7oi.c, calls 7l7sc puts on September corn Ss9".''
calls So7sc