New-York tribune., 1902-07-18
TRADE IN CHICAGO.

Chicago, July II (SpeciaD. Those who have held
the idea that the July deal not entirely
Of the encouraged in their belief to-day by
an advance 10 6Sc But the July. after touching CSC
early closed at 65Ae. There is good deal of mys-
terry, but Il still looks as If the deal had been
abandoned There probably some shorts who
are stiu holding olt- Possibly If the surroundings
were very propitous they might get little twist
There is reason to believe, however, that there
VII be any serious development in July corn. The
Hz-Ts-Gates party is still taking in the cash. 1t
IS ringing up trades. But they say that they
are now about even on the market. They began
Offering their cash corn again down East, and sold
so,ooo bushels There is a much irmer cash situa-
ton generally, and the whole market seems to
be about a legitimate basis. The No corn to-
day CSC and the No yellow 64c- Receipts
still lsrge-s92 cars, with 25 contract; 440
estimated for Friday From all sources there Were
sbout 100 bushels of contract 1t looks
Il The receipts would be large for another week for
IL takes about week to get TO market and
that corn Is only coming which was started
when the July price was around soc. The Price
Current" says the corn promise is very good"
The SeptEmber, December and May corn was &c to
&C higher to-day. The September sold at $3.50 and
at 6l1zc. and closed at 1sc. December closed at
4sZc The buying OF September led by Patten
and by Bzruett-Frzzier, and there has been some
revival Of the gossip about Armour being long
large SeptEmbsr line September is acting If it
were oVerSold No seems able to tell whether
the Armour September line is still held or not
The weather keeps good for movement and
grading bu1 showers are predicted for tomorrow.
Wheat closed sc 10 11zc higher than Wednesday,
the futures up the most Armour is still talk
ing q premium for September December.
.Juiy closed at 1850, 215c over September. The
latter sold Use and Z1sc, and closed at 72sc,
within 3sc December The latter closed at 721zc
Cash Is bringing 1c July; July 21kc over Sep
tsz-ber. and II looks If the September would be
over the December. There was sale of $1,000
bushels No 1 Northern at 1c over july in store
OF the 15D cars to-day here, 119 were new, but
there vas only car of No 2 red in the lot
The new wheat coming is Of poor color. 1t is
claimed AL The No. l Northern wheat here now,
15goopO bushels is held in NewYork for the benefit
Of the Consolidated Exchange. to permit Of de-
Hveries on their wheat trades.
Oats closed hc 10 214c over Wednesday. The
new July touched 52c and closed at 5l12c; the old
Iuly 45Ihc and closed at 45c. The cash No. white
oats touched 55c the deferred oats futures were
I'd nc TO &c. There only 55 cars Of oats
There are no stocks here. There were only six
cars of new oats and only three contract Illinois
oats however are likely to come with rush with
IN q week
Flax prices were unchanged; September, 81 81
October s. %. At the three points there were Is
cars against II last year.
Provisions in spite of comparative very small
hog receipts are feeling the recent Cudahy liqui-
dation; lard off 15c nork off 10c for the near fu-
tures.