The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1902-06-03
Chicago Grain and Provisions

CHICAGO, June Bulls in corn We're very
spunky today. Under very discouragiflg CIR
cumstances they bought heavily and TUNED
weak market strong. Wheat was helped some
by the firmness of coarse grains and recov-
cred from early losses. At the close July
wheat gained IA shade. July gained "a
= and July oats were 3 UP. Provisions closed
5d7ian DC higher.
Everything at the start worked against bet
ter corn prices Wheat was weak. the short
session at Liverpool resulted in lower cables.
the country sent in 500 cars of corn and
promised $50 for tomorrow and the crowd
bearish. dull market prevented much
early business land July started 9snkc down
for time. Bears. who had the market all
their own way for three successive days,
plucked up courage and began selling still
further short, when suddenly the big bull
house that is supposed to have control of July
stuff started in to the support Prices
steadied from the decline and soon the shorts
offerings dried up. everybody wanted to buy
and the pit became scene of semi-psnc
badly pinched. Toward the close there was an
easier feeling and at the close July
I@lb up at 62ss@62hc. Country acceptances
We're reported verv small. and helped in the
hull movement. Kansas City was a depress
ing influence, being 2hc down on July and
&c down September Good crop reports pre-
vented many OF the smaller bulls from buying.
Wheat helped materially by the strength
in corn. As in the corn pit conditions in
wheat very bearish early in the day.
The general sentiment favored selling, in
spite of the fact that there had been good
declines Tor three Gays. yet GAMES were weak.
the Southwest sold on its good weather and
general report of forcing weather everywhere
after heavy rains. commission houses were
sellers and the crowd naturally followed suit
September began to pluck up strength on
buving. by snreaders who sold july. \ fairly
steady trade kept prices up after the early
dip hut ii was free coverin" b" ~ suite '-ta IN
the day en- the situation and liberal sea-
board clcarances that turned in.,, up
July opened ssnh to i@dSSc down at y "a
7It2, railiel to 72l, and closed firm at 72A
Local receipts We're 27 cars. Of contract
grade; Minneapolis and Duluth reported 34S
cars, making a total for the three points of
376 cars, against 274 last week and sos
a year Worlds shipments were IN g.
900 bushels. against 9.672, 600 bushels last
week and S4lo.oo bushels last year Bread
stuffs for passage decreased ,2o9 900 bushels
The visible supply decreased OBS, 900 bush
els Se;4hoard clearances in wheat and -four
equaled 923 600 bushels. Primary receipts
were 443. 900 bushels. against 9l2 900 bush
els last year.
Oats shared in the general depression at the
opening C:qp reports were very promising,
oats were moving to market better, the
May bull scare out of the way and COM
mission houses sold here and there. Trade was
light all dav owing to the restriction by heavy
and July which had sold at 36c advanced to
81 and closed firm at 36st. Receipts wcre
252 600
Trade in provisions was restricted and with
out much interest Opening prices were lower
on free movement o: hogs. Hog rr'ces.
which We're weak early. gradually strengthens
and a good support by packers and the
grain strength the provision list frmed up
aud closed with July pork Ire higher at
sly. l7is july lard Sc up Slo.l5, and
July ribs 7i.6loc higher at So e2'e.
Thu leading futures ranged as follows