New-York tribune., 1899-07-18
THE TRADE IN CHICAGO.

Chicago July II speciaD-Everything went the
way Of the wheat bear yesterday prices OF from
Saturdays close 1ssc on September and the last
figures about the bottom ones. The break mar.
rowed up tho July discount to only %d7sc. Septer-
ber opened at 72A972asc. sold between 72asq1tc
and closed at 1%aT11c. July closed at 0sc
Cables gave the first bearish suggestion Liverpool
hM1d lower. London off just as much. Good
weather in the spring wheat territory. continued
large receipts. and absence of cash demand. kept
the decline going through the day. AT primary
points there were 1133.Ooo bushels. compared with
4s 600 bushels last year The Northwest had 76 cars.
against "a year ago. Here there were 100 cars.
against 9s. Duluth reported no shipping demand
there sales from here did not exceed 5000 bushels;
sea board on the break reported 2S loads. In the
pit II was a OF liquidation, mainly through
commission people with Barrett-Farnum leading
In It. The market at one time sc under puts.
The visible increased $4,000 bushels The local stock
increased 1850 bushels. There large de-
crease on passage. 2.376OO0 bushels and worlds
shipments were only 6l6S00o bushels. but there wa
too much OF the bear sort for those two bull an
nouncements TO have any influence. Seaboard
clearances were $4,000 bushels. The temper here
exceedingly bearish the belief being that It viii
take more speculation. better cash demand and
a falling off in receipts. to bring about any sub
stantal rally.
Corn lost s.c TO lc the July losing the most
September sold at 33ssc and 325sc and closed at
33c The July lost its premium, closing at so
bid The incident in a speculative way was free
selling by Patten, the leading bull. Gables were
I'D to Id lower Seaboard clearances were ssscN
bushels. There fine weather, but poor cash de-
mand. Sales here were about 100000 bushels. Tne
seaboard however reported IS loads. Pattens
selling was partly through commission people ana
partly In person. Receipts keep large. ns can
to-day with 730 cars for Tuesday. The visible de-
creased $4,000 bushels local stock decreased o's'
900 bushels.
There was the same situation In oats as IN corn
and wheat good weather, slow cash demand ana
more or less liquidation There was an idea thar
Patten, the principal long. was selling through
commission people. Prices lost NC to sc, July
closing at 24isc. sellers; September. D.c May,
22lac Receipts were 1856 cars. with 800 cars est'
mated for Tuesday. The visible decreased ss'v"
bushels. The local stock decreased ll7oO ousneH'
aggregating now only 900 bushels. Crop "
ports are exceedingly fayorable nothing save per-
sstent rains could interfere with harvest, it Wal
said.
FIaxseed was easy. except for NJ Northwest
ern. The latter up lc on demand from CIV.
vator people for mixing Futures were OF aoous
a cent September closing at CSC; OCTOBER sso'
Minneapolis had cars. Duluth cars and Cn'-
cage 26 cars.
Provisions were steady, pork. lard ana ho'
closing at 2iz65c over Saturday. in spite OF 'hs
grain decline Early in the day provisions wers
decidedly strong not holding t ALL noweVel'
Liverpool showed further advance. Hogs were 70
higher. with $4,000 received. The demand waA
good.
On the curb puts September wheat CLOSED ~
Tic calls 72c. Puts on September corn '-*~
327sc: calls SSisc.