The Montgomery advertiser., 1902-05-28
Chicago Grain and Provisions

CHICAGO. May 27.-Cofn prices went climb
 thetic upturn. Many conditions favored better prices in all the pits. but it was largely through the fear of the com sh orts that the long predicted sqneezr was coming that brought the advances. July wheat closed ssGixc higher, July corn i3emtte Cp anf July oats itGsc 1d- Nanced. Provisions closed 5M7l, tn lQc higher.
 After making good gains yesterday corn eaa- fly took the lead again today both in point of activity and in gains; The tone through the session very str rg and the buying tha. put prices up was of the very best character. Nearly everything favored the bulls Cold weather started the uptnrn, but decreasei stocks comparatively small receipts with still smaller to come. higher cables and good cash advarce were the added influences tha, country accep'ances. about 300. coo bushels on last rights bid, had n" effect on the crowd: At times the pit was quiet because the crow showed no disposition to se1 suff. Late in the day came the greatest activity when th
 big bull house began to augment the 6e nan ! or the commission houses by bidding freer and at higher prices This started sharp furry end sh1,ts covered at rather heavy sac frfces. Tho fact that the weather favored the movement disturbed the prophets who have been predicting an increase to several hundred up at eat, to esssaasl,' jumped to a. an closed strong. as@ ii2c up at S4ic A rumor was started early in the pit 10 the effect that the leading hull house. which i' supppei to be long 10. 900 900 bushels cal ing 10 ne cent. margins. Stocks were decreasei I.o5s:- 900 bushels for the wctk. Rece,p:s we-2 l67
 Wheat made further moderate advances 70. day. The corn strength much as anything bullish h. although there we've some beaTsh in fiuenCcs at work negatively to rhssr.ct trade
 In the main. the commission hotses are se:
 ting little more hus ness from the coun'ry and the pit consequently showed more fai"
 ly active condition. Cables were slightly hIgh
 or. but influenced only a steady cpensny. C"oo prospects were very god, Bra1strec''s Nisi- ble supply showed a decrease of 2. 779 GOO bushels and influenced some of the advarcc
 ba do tn hfCp at 73Ssm73%. sold to 74A an1 closet firm
 4.a'4c. up at 74's. Lccol recepts were 27 cars points of l26 cars acsinsi 38 last week eni 35 35 s. year ago Primary ,os r.sencS eno srs a94
 yea. Sesboard clearances in wheat snd Gcu' eauaed A95, 700 bushels. Local stocks de board reported the exp-rt inquiry dead.
 Trade in oat7 was slow. save for sha' D up'urn on few transactions in May stun The main strength that upheld pit prices wal that of the corn advance. There was de- crease here in stocks of 477. 900 bushels, the 42i 900 bushels In view of the fact that there only four days more in whih May shorts cover snt also considering that the leading bull interests have been shipping cut stocks fast possible the crowd was vrrv nervous. May sold up l2 in a short time hut later options simply showed fair advances
 The fear of a squeeze in tho May deal kept many traders out of the market. July sold to 377s and closed firm, 14a 'sc higher at 379s d37%. Receipts were liberal at 2S9 ears
 Provisions very strong carly the higher prices for hogs at the wards 9nd on the very small offerings. The sentiment was very bulish for time and there was a good pack . | CTS support back Cf the market esp@c all in | lard. Commission houses did some fair hrv- | ing Tho selling was mainly scatte-ol for the outside account in the way of l'quidati n To-
 ward the close profit tsking causel, loss ot some ot the advance. hut the tone WIS sill strong. July pork closed I0c up at Si7.o7i2. July laI& 5n 7isc higher at Slo l71s anl July ribs 7i2@ Ice up at $e 62'2.
 Thl leading futures ranged as follows