New-York tribune., 1902-07-15
TRADE IN CHICAGO.

Chicago. July 14-There was a rush OF corn here
to-day. and a still heavier rush is predicted ror
tomorrow. There We're 40 cars this morning. with
lls contract. the estimate for tomorrow Is sS
cars. From all sources to-day there were not less
than 500 osO bushels of contract TO- the july
bulls TO pay for and there is more than fortnight
Of the July future left There was effort TO sup
port prices at Sc cents. but the bulls evidently
changed their plans and the July was dropped %
SOls. There a good deal OF corn on the marAet
from elevator people The cash market was
good Illustration of the great uncertainty. Prices
OF some of the better grades OF corn were on ID
cents bushel. because every one felt il was pos
sble that the bulls. in view Of the unexpected
rush of cash corn. might suddenly change their
plans and let the price drooP. The July closed at
Sic. The deferred months Iac to alc lower
September closing at SIC. December 1850 and May
1875. With good weather II looks IL there might
be 100000 bushels of contract corn here on some
days during the next fortnight. and il Is almost
impossible say how large the aggregate receipts
will get if this high July price is maintained Il
looks very much if the July bulls had been
OvercOnhdent OF their position. and had made
serious blunder in permitting the July market 70
get to aoc so early in the month. There was selling
Of September to-day by CarringtOn-Patten, and II
was supposed 10 be for the July bulls. Openly
the Harris-Ciates party buyer of both Sep
tember and December. The Chicago stock. Sss1e eo
bushels decreased $4,000 bushels; the visible supply
decreased 76.O00 bushels. Primary receipts were
shipments were 4OS1G bushels Gables were slight
ly lower Clearances were only 2,4O1,0JO bushels.
The No 3 corn was sold to-day to the Fast higher
than No. ? was offered by the bull crown. for tne
reason that the No. 3 offered for prompt
shipment. while the bull crowd will not arranss
for the delivery East of its contract until the
close of the month
Wheat closed sc tN sc under Saturday. Tne
mood was affected by increase in the visible OF
6S6.OOO bushels the first increase in weeks Fine
weather had something To do with the inclination
20 sell Nervousness over the corn situation had 10
influence September opened at 7S5sc sold betwen
7Satc and 7sC. and closed at 127Sc; July closed a.
T5c: December 73A; May, 1873 Cables reported 1As
Danube Offering wheat more freely. Buoa-
pest was off &C. Berlin off Sac To 1c: LiverpoO.
was off Il fraction Primary receipts were SOW
bushels against 1S7SGOO bushels last year; clear
ances $4,000 bushels the seabOard claimed Is loaus
for export There were - ears of new wheat herS'
with only No. ,: the bulk of the wheat IS poor
grade and off grades selling at heavy discounts
Worlds shipments were 37Ol. .O09 bushels. On pass
sage wheat decreased 22SS,Co0 bushels The Nes-
is getting fine weather for harvesting.
To-nights oats prices &c 10 1lsc lower thaH
Saturday New July. 49c; old July, sc: new sep
tember. S2~sc: old September 29as Receipts Weis
only 81 cars and none of IL new; but the oats @s
about ready TO move. There important pru"'
taking by September longs Estimates Tor TUESDAY
175 cars Local stocks only 1900 bushels Nisio''
decreased 1SS. goo bushels.
Lard was strong for July and September, ana
ribs were firm for the near futures Pork was easy
for all months. The January futures were lower
on everything shorts seem 20 need the lard There
appeared to be Cudahy selling in spite Of the ae,
vance Hogs West We're only 5000, against ise'
last wear. Provision situation is puzzlins every
body