New-York tribune., 1902-08-01
TRADE IN CHICAGO.

chicago. July 81 CSpeciaD.-The new July oats
closed the month at 64c ending the famous July
deal They sold 63szc and at Sc 1t looked as
If about $4,000 bushels were settled in the market
.nd outside II Is understood defaults were made
m about $4,000 bushels. The injunction issued
hv Judge Chytraus was modified the operations
nf the July oats bulls not embarrassed The
shorts fled a petition with the directors asking
that al cats on track be made regular for todays
delivery under the emergency rule This was
p-ornptly denied. almost unanimously. The direc-
tors declared that no warehouse emergency existed
snd that the shorts might just well ask TO have
the July delivery extended a day or two for their
convenience This ended the efforts of the shorts
20 extricate themselves. and TO enharrass the July
hull deal The old July sold al SOC early. and closed
st lsc Il is expected that there will be more or
less litigation but it is not believed that the shorts
will be able to effect anything by that The IN
function issued by the Chancery Court on "eones-
dav was not definitely heard to-day. Litigation OF
This sort has never succeeded. The deferred oats
futures were &c TO sc lower. the new September
closing at s51sc bid, the new October at 2sl4c-
Receipts to-day we're 24S cars Estimated for FRI
day 16o cars None Of these lots were available
on the July delivery. There were, however, very
large deliveries Of cash oats this afternoon about
sos ja bushels all Of the new July taken in by Bart
lett Frazier.
The July oats deal has undoubtedly been a suc-
cess The line was accumulated early in May
around Sc and the price has been as high as 72c,
the highest figure in quarter of century. About
72o 900 bushels under charter 10 go out
While the oats deal closed with sort of hurrah,
ana successfully the July closed at &c. COM
pared with soc three weeks ago There was no
remnant of manipulation left. There was very little
interest in the market The deferred months closed
sc 10 &c under Wednesday September sold at
ssssc and at s4zzc. and closed at 551sc; December
Sosed at zsc sellers. May 41c bid There were only
cars here: only 50 estimated for Friday: Good
Erades of Ne. 3 sold higher than the July
price. -. eo,,. ~. -
other months closed &c to 1c under Wednesday:
September sold 59s<c and at CSC, and closed at
6slzc bid; December closed at eSs4s bid There vas |
no special speculative interest The break IN the
July was because shorts covered uD. The Sep
reuber and December weakness was on large re-
ceipts fine weather and indifferent foreign markets
The primary points had 1.1ASooo bushels; against
esseo6 bushels last year The two SouthWesteTn
markets $4,000 bushels. against $4,000 bushels.
CIearanoes were only 23l 900 bushels The shipping
demand was Door here, but the seaboard reported
% loads for export, and Duluth reported 1air
Flax prices were 1c TO 114c lower on futures un-
West to-day. u es0. against 5000 a year ago
changed for spot. September was 81 S21s; OCTOBER
: The January provisions futures closed at an ad.
vance; the near futures Of lard and pork Closed at
g decline Ribs were steady The marker was Z :
ouiet one. The packing West for the week was
only 255.0eo hogs. against $1,000 last year. hoss