New-York tribune., 1902-10-01
TRADE IN CRIC4GO.

Chicago. sept. 80 (SpeciaD.-Amour closed the
September wheat at ~ cents to-day. Shorts COW
cred about 10000 bushels September In the pit
ard they covered about 100000 bushels privately
with the Armour house outside OF the pit. There
was an Injunction issued al the instance OF Gus
toner of one commission hrm by Judge Chytraus.
who figured IN the July oats litigation. But the big
Armour spread the biggest ever carried through
IN this market involving about u 10000 bushels,
was wound up most successfully. The operation
hegan about three months ago. when Armour
bought July and sold September and went out OF
that spread when July about hVe cents over
the September He then began buying September
and selling December when the September was al
a slght discount under the deferred future and
De closed the September to-day al5 cents over the
December. The prohts are supposed 10 average
about 10 cents a bushel on 100000 bushels. the
biggest turn made on grain this season. IL was
transaction TOO, with minimum OF risk with the
possible loss limited 10 a few cents q bushel
me september to-day engr0ssed attention. II
opened az - cents and Was soon al 80 cents. There
Was good deal OF trade al 50 cents After the
P'oe eot 70 - cents most OF the settling by shorts
was OUTSIDE OF the pit The deferred futures were
t-''L 4he october closed iec un6er Monday and
'Ne December &c under while the May closed at
an advance OF &C over Monday.
-. feature of the deferred months was the
N'DeiHhg of The May premium over the December
-.e az the close. II Is believed this May premium
- -" increase ana that the big Armour interests
=" no" work Tor carrying charges. There were
'H cieaIai4ces. $4,000 bushels but everything else
seeihea aeainst the price Local receipts were SS7
.ois aho there Were - cars of contract wheat
.L"'A an sources. chiefly from the mixing houses
"e Ehsish cables were lower There was
se increase IN the worlds visible 500 900 bushels
80 contract stock, l.5a5elO bushels increased 20
&soo bushels
- % -e'.' ana private stocks increased for the week
'~ ~ bushels Winnipeg wired that 90 per cent Of
- wheat was going No ] hard and so per cent No
q" 'ueih. Primary receipts were slightly IN eN-
s'ss OF !ast year October closed al 67i.c; Decem-
=. NC, sellers. suo May zoe
--'ie Was no excitement IN September corn. the
-l ''l e.laently well evened up. II closed SIC
- uhaeF Monday. The other Futures closed Al
49, 'e-' auFance, 'sc 10 isc. December opened al
s'ia between i5ssr and s6c and closed al s5s. .c
- o''ooer closed az a5asc; May. slssc bid Patten
= ~'-is continue their selling OF December
- --as- IL looks as II the corn was Just now an
- "ai4ls ~ smaller men who had bought Il al
M prices Receipts were $40 cars; estimate for
".sseaF ~ cara The contract stock l.5Ol 900
'-sne4s, increased 5lO0co bushels
sF'sIioer oats closed az S8a.c or llzc over Mon
49, - "ihef Futures closed isc lower than Mon
-. DeoeiHner @l4sc sellers, May. SIasc sellers.
Tls we're 30 cars Wednesdays estimate $50
-, -Aneelano were The best September buyers.
"e -D"e and private stocks, sS36.0JO bushels, in
utased sl5es bushels
osis''ns were inactive There were no senss-
- 'h The september. Lard closed l5c higher for
,'Def a. 81 o. ENeything else on the list
~ siehtly lower. Hoes were Sc lower. Hogs
- 80, against 6s 900 last year.