The Montgomery advertiser., 1902-06-18

that has cornered July options, led the unfor- tunate shorts rapid and exciting snase
 the screws were to be put the shorts long before the settling day. Nervousners per vaded the pit and soon the shorts began 70 aG- cept the inevitable and got out of their deais : with as little loss as possible. A tight hand was held on much of the corn early put soon the market ran away. The bulls did not ,asad see, with net gain of 3h in July corn; otner pits were neglected in the interest that cen tered in corn and July wheat closed only a shade down and July oats shade lower. Pro- visions closed 2ia to 7i4c lower.
 The corn pit was in constant a oo,l iron from and pl practically everything else was lest sight of Fit conditions mixed Therel!s It. tie doubt that the princpa,s back q ne ce,ss eor and Wall Street crowd. are trying to move out all contract stun. The country probably could furnish plenty S Of ,se stun wes wi,n Weabsr hss worked against the grading. Of today.s re, ceipts only ten out of 378 cars graded Nc, ( bushels and private elevators were making good incl eases in stocks. But all told the. c was cause for fear among the shorts; TOT It was thought by old spectators that the nJ expected squeeze Is at hand otherwise the bulls would not allow the price to run away as t,s d oTs1 teaay ooo busRes TSe Su
 crowd e ie is % credited % with having ls.ooo 900 bushels of Judy. Predictions are Tor noc corn as result of this situation, And huc tuations today warranted such pred etions July opened unchanged to hc up at 61s 10 64Nc. after having sold yesterday as low IS 63c. sharp ten minutes buying sent the price to 66Mc The bulls supplied enough long stun on profit-taking to let the price SIP back to 6517c. but then the shorts became par ic stricken the market tuned cratic aga'h and July shot up to 67Isc, where It closet very strong 3bc higher than yssterday s ciose The Gates crowd was on both ait siafs 0i csns .ne business was not so good as recently and coun- try offerings were small Cash stun was ser. inf to cents under July prices Wheat ruled steady It was strongest early on hgher Paris cables, and showers In the southwest. Traders said the wet weather was inteiferin with harvesting and for this rsason would sell little The absence of any heavy trading worked against prices. and although Juiy corn strength helped wheat somewhat nuctuat ons were very narrow. July opened unchanGed to hc up at 72 to 72hc and sold to 72%c; Light selling caused dip to IlAaIzce ana in July closed steady, a shade lower at ISa sc. The chief bearish influence at present appears to be the scattered first arrivals of wheat here and in the Southwestern markets, al though good premiums are reportSn @ 3n sa,es ears i3 of contract grade; Minneapolis and Du- luth reported e8 cars making total for the three three d points as7 or yssr axo The worlds avail
 able supply decreased 4.4sI 900 bushels. Pri- mary receipts were 279.ooo bushels against 4se, 900 last week. cseaboard clearances in wheat and flour equaled I42.ooo bushels The seaboard reported 3 loads taken for ex- port. Oats were dull and steady. fuctuatine much stuff offered. although receipts were liberal at 225 cars. Trade paid more atten, tion to corn. July early sesd at a9&e, dipped to 3e%c and closed shade lower steady: at 3ekc Provisions trade was almost nil. Hogs were easy at the yards and after little early support prices, in the 4 ss slid and pack co,ss ssn1 down to SI7.55; July lard closed Sc down at Sio.l5 and July ribs 2isc lower at Sio' 4o. corn, i75; oats. Iio cars; hogs, s6,ooo head.
 Tn, leading futures ranged as follows: