New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-07-29
TRADE IN CHICAGO.

Chicago July Is (SpeciaD.-The oats deal to-day
has been puzzle. Those who claim to know de-
clare there is very large short Interest in the
new July, but from close of SIC on Saturday II
dropped as low at 55c and closed at 5sc. The old
July from ifkc the close Saturday closed to-day
at 4ie The deferred months were off a FRACTION
new September S22zc; old September De%4e- The
latest information is that the holding In the new
July belongs in New-YOrk, with Patten and certain
other people here having small interests 1t has
been heretofore assumed that the deal was entirely
a Patten affair There rush Of oats here
this morning 34i cars and the estimate for tonor
row is go cars There still three more days In
which the country may make delivery of July oats
The July bulls stopped buying the cash on, Satur-
day II as is still claimed. there exists any such
July short interest is talked here, there VIII
be high July prices again. but evidently the bulls
letting down the price while this rush of cash
oats is coming. II is not likely there viii be any
exhibition fireworks until the last days of the
month. The inspection department, which was
so severe in Its grading as 10 raise storm OF
protest, has evidently conceded something. TX Is
said to-rnorrow's car lots will contain about 200
cars Of standard oats. which Will mean about $4,000
bushels to deliver July sales. There were about
10000 bushels contract oats to-day from all
sources The oats shorts tonight are threatening
an application for marginal price. The cash
market very irregular. standard from 55c TO
Co., and the various grades of No. from 4oc TO
53e.
The July corn price is fattening out. sic at the
close or &c under Saturday. The deferred months
were &c to Ilsc lower September sold at 6sAc and
575kc and closed at 5sIse. The December closed at
14zc; the May. 421zc. Those interests so long bull
ish on the July continue the larger sellers of Sep
tember To-day's receipts were IT. Tuesdays est-
mate $40 The Chicago stock, $4,000 bushels, In
creased $4,000 bushels. The visible increased &c.,
600 bushels Worlds shipments. i2960oo bushels, In
Guided only 5000 bushels from America. The crop
adVices all bearish 5000 1000 bushels guessed
for Kansas, Nebraska and Oklahoma.
Big receipts are weakening the wheat price, to-
nights close lse TO 1c under Saturday. September
opened at T16c sold between 7I1sc and 7otsc, and
closed at Tic. sellers: July, 7SAci December, 79Rc
bid. Primary receipts were ahead of last years.
issSOO0 bushels against 1,55,G09 bushels, although
last years crop a record breaker. South
receipts about the last year. Clear
ances were go 900 bushels; New-York reported A
loads for export. Shipping sales here 10000 BUSH
els No. l Northern. With the new crop moving SO
freely, the export business is smaIlyastly smaller
than last year. The visible increased 1l7sG9 BUSH
els Chicago stock 22ssGOO bushels. increased 1884,
600 bushels.
Pork lost zoe 27izc; lard and ribs, exc 10c.
The market was neglected II is still feeling tie
Cudahy selling Of early In the month West there
were only 1900 hogs against 1900 last year. but
the quality of the hog is much better; cash demand
poor exports small.
Flax closed where 1t did Saturday.