The Montgomery advertiser., 1902-06-28
ChIcaso Grain and Provisions

CHICAGO June 27.-Oats stcod in the speculative lmellght today. Influenced py
 very strong cash situation and and by a7S iiSera, short covering Juiy new oals sold at 4Ic, a jump of cents in two days o,heL Braiass Bns had bullish impulses and made good edVdnces In oats much of the gain was lost by hqul- dation. In wheat and corn selling came le- cause of the, guessing contest in the DIS hs to the manipuiative situation, At the close July oats were lhGlAc higher July Whea. Ac lower and July corn lac up frovis'o 'oh' lost 56i loc. . . There was no nstaking the tempe ament oi the traders in oats at the opening today. rIoiII an ordinarily small and narrow bu '.ness' tnit marked interest all over the hoor. Suensth of a genuine nature. seemingly free from ma ,a nipulation developed to degree not seen Io. some time. The situation was siihplE tn,' brought by very strong cash dsmand Statisticians reports stocks being raptdly oe pleted by shippers absorbing practically an the mixed stun that comes to marset. ttP .SV car of new oats came today Aduea ia 10 sii,' incentive was the proba that no consiu, erable new arrivals would be on hahd t un,h after August |. Crop reports are very pu,iSn nlS With No 3 white selling cash today st 53g1sc and delivery day only two days of shorts covered sharply. Outsiders bought m m sse
 healthy manner July new opened i.c ,, to rroSi Tst taking a break in other markets lost goo1 deal of its advance. July closed strong ,ias issu
 on nG the ep uptu4n p dipped to sac but closed M@Ac up at 33Ac. Receipts were small '4+ cars. ,.,s ,a | Wheat was top-heavy manipulation ana broke after very good early strength. At me outset the wet weather over much or the haI
 rest country and grasshoppers Tn s une bmeb, | liberally of September and set the croWu to guessing the outcome Corn was m nrI i,t;, When it was seen that corn could not hold | It's own price the crowd turned peaiisn l m m
 spite of advices that were bulfsh ,,,, ybs at opened unchanged to hc up at ISHc od oo ZEE nc
 and sold to 7sNc; fell off c and clpieS SieS ss ss zoMN17sc dropped to 72c and closed shade l lower at 72Mc. Local receipts were % car n,s
 four of contract grade; Mlnnea pors nta, hna for | the three points 295, against SIS last ween ors | and 28S a year ago Primary rtceipts @ Ns,s Me,s | 800 900 bushels, compared to 45S OOo pushels
 last year. seaboard clearances in wheat and
 flour equaed se3.ooo bushels ooo Argena,m" ,,ahn,s
 shipments were smal, no at has I4Iooo asst week l TntaI Argentine shipments since January | were only " oo9 GOO bushels against 70, | o5e GOO bushels last year. which in turn turn wa was | small compared with former years. The sea | hoard reported eight leads taken for expnr [; | This was another big day in corn: I'oocoI coId l weather reports. July shot to 6s%c' tresn | record price. ,., ,. s.rorO | but fluctuations were cratic. m oepuenioes l e | buying was of such character and volume nm ,t ss
 to create much interest This seemed all seiI eIie | more strange when on the bulge heaVy sen | ing WAS indulged in by a leading professloha | and the market broke from it's strong positnon
 The talk of the pit senteTs atss ar1e" as the bull l in July and John Cudahv as the big short | paneysd selling bv Cu1ahy in September af'
 tor he was supposed to be the victim of Gates | made the crowd believe that there was prl | vate understanding between the respectIvs sn ws
 forces. Private elevators made only 52 cars
 of contract today. In spite of % this ana ,oat tnt | smalIness of recepts-lo9 cars-eioslng pee i %.re inst firm. July 1ic up at 6S7sc and Sep | ten1ber tsc higher at 6Idhc. | Provisions ruled dull and unimportsnt t1daE | Hogs were weaker. and influenced falr ser lnE
 prices accordingly closed weak in produc.tss u .s I September pork was loc lower at Sle'4o l Sentember lard 5d71Ac down at 5lo 90; anc | September rIbs Sc lower at Slo. 50.
 | Estimated receipts for tomorrow: wheat | 35 cars; corn POS cars; oats, 200 cars hoss l lS 900 head.
 | ,.oa,nr F,,t,,res ranged follows: