The Montgomery advertiser., 1902-06-10
Chicago Grain and Provisions

CHICAGO, June s.-sunshine came to cheer the grain bears today Fears they had ex- were banished and the bulls ceased to give any advancing support when they heard that wheat e sl,Imned eL'' Corn was carried down with the leading cereal. but was held up to some extent by the muscle of the big bull party At the close July wheat was i4lbc lower, July i5@ssc lower and July oats Ss@Stc down Provisions closed 5@7,sc to gee up.
 Wheat was depressed by the fine weather more than by anything else. For several days the short interest has been much worried over the proe ~ects of damage to Winter wheat by siderable covering and the bulls bought re- gently to a fair extent. Today all this was changed when the weather map showed clear weather prevailing generally. The southwest ern markets were weak at the start. St. Louis being down lc and selling here on the weather start and July opened hdsagsc down at 7i% a7I%47th, soon tumbled to 7lls. The ces- sation of a demand from shorts elemnated the otherwise bullish influences that might have been expected from decrease of g. $40 GOO bushels in the on-passase stun and of 25 5J3 900 bushels In the visible supply. Even some talk of exporting new stuff and a fair show of strength at New fork at the French demand at weakened prices had no effect Wheat was very heavy and seemed unable to help itself. and as no support came to its aid. the close was weak. July l4thc lower at 7IMd7IA. Trade was fairly active and selling heavy Local receipts were 27 cars four of contract grade: Minneapolis and Duluth reported 37l ears, making a total a for
  week and 66o year. ago. Primary receipts were 5i6ooo tucshels compared to 7se.- GOO bushels last year. Seaboard clearances in wheat and flour equaled 5e3 900 bushels Worlds shipments were 9.460. 900 bushels compared to 7.7i2.ooo bushels last week and reported loads taken for export. Seven loads were sold here for direct shipment.
 Corn opened off sharply on favorable weather for cultivation and on freer country offerings Southwestern markets showed marked weak ness and commission houses generally had buying of July by the big bull party that Is s1pposed to be in control of that option. so that before noon that feature had more than recovered it's decline. Receipts were free at 4I3 cars and worlds shipments showed 6,2So.- GOO bushels compared to 3.667 900 bushels ness but from day to day stuff Is moving out and stocks have been decreased in spite or better receipts. The weakness. however, pre- vailed in spite of the fear of the deal in July options and July, though it recovered to 63hc after selling es low as oZ'sc' closeo weak
 Oats broke with the other grains and ruled weak The weather talk was the principal bearish argument. althogh recent liquidation for nroats has had depressing effect. The disparity between the cash price and that Of Juiy stuff helped in small rally. but late trade was dull and July. after selling from 3STs to 33I4c closed weak. As@%c down at 3sS Receipts were i2l cars,
 Provisions did not feel the grain inhu- ences were pushed up to higher prices. Hogs were higher. there was fair demand oy shorts and little stun offered by the packers who control all the holdings. July pork sold between Si7 50 and Sl7.57ia and closed 7lac up at SI7 SO July lard closed 567lac up at SIo 32i, anu July ribs zoe higher at Slo 371a.
 Tha leading futures ranged as follows;