The Montgomery advertiser., 1902-06-15
Liverpool Cotton Futures.
Chicago Grain and Provisions

Chicago. June 14.--Apathy pervaded in
 the pits of the Board of Trade today.
 Traders paid little attention to anything
 but wheat and not much to that. 1nas.
 much as wet weather has ruled the pit
 for the last week, when prospect of clear
 ing skies were reported wheat lost its
 strength. Oats sympathized somewhat
 hut corn was under manipulation and
 held firm. At the close July wheat was
 3-4G7-S lower. July corn 1-SQ1-4 up and
 July oats Is down. Provisions closed 5 1-2
 down for everything on the list.
 Late selling developed the only activity that the wheat pit experienced today. At the outset cables were lower indicating better weather in France and England The Southwest sold literally in spite of the fact that the country still had a soggy blanket spread over. it and more rains were falling. Commission houses took little stuff on the score that not since the Letter deal has there been such
 a clear indication that stocks of old wheat are practically exhausted. A be- lief then began to take hold of the crowd that fine weather was at hand. Private
 telegrams bouyed bears up to this opinion | and when the leading elevator interests began selling very freely the crowd was sure a reaction was setting in. All this while the pit was very dull: As the sell ing progressed a gradual decline ensued to Is lower at P 5-s to 72 1-2, slumped
 H II "a, 'AA ''''e N'-'' ''"'' at u '' Local receipts were 2 cars. five of con- tract grades. Primary receipts were 357,- | 900 bushels compared to 557,000 bushels | last year. Seaboard clearances in wheat and flour were 622 900 bushels. The Sea-
 board reported fifteen loads taken for l export.
 Corn was exceedingly dull, even for Sat- | nrdav. Wet weather all over the corn | States hindered the movement and plant | Ing. but the London cables and the wheat weakness offset the bulish factors and tbp nit left nnrh tn Itself Tn Snitp | Of the lifeess nature of the pit, corn | held very firm. Two rumors were going | tho rounds relative to the big deal in July options. One was that the Wall | Street crowd was shipping out cash stuff. The other had it that J. Ogden. Armour | the manipulator. On these rumors the | crowd fought shy of the pit especially as | there was no big selling today. July
 fuctuated only, 3-sc and closed at its strongest. 1-S61-4 up at 6 .3-S, Country ! acceptances are atill small. Receipts are
 4n7 cars but graded only A cars contract. Oats were steady early but trade was siow There was little support to the fell off in sympathy. There was a little recovery late. July sold from 40 Is to | s 1-2 and closed 1-S lower at 39 7-S Re- ceipts were 16o cars.
 Provisions were dead with the excep- | tion of a little outside liquidation. Hogs were slightly weaker and packers re- | fused to support after the first few min u.es. This res Ilted in decided slump i but part of the loss was retained. In general the market, was so dull that it | ' 1-2c lower. Pork at 11.52 1-2, lard at | 1922 1-2, and ribs at 10.40. Estimated re- ceipts for Monday: Wheat 20 cars; corn.
 375 cars; oats 130 cars.
 Hogs. 42,oOO head; hogs for the week, | 10000.
 Tn. leading futures ranged as follows;