The Montgomery advertiser., 1902-06-26
Liverpool Cotton Statistics.
Chicago Grain and Provisions

CHICAGO. June 25.-.Tailers'' fin wheat prices, Support support was withdrawn % from wheat and and weakness resulted Just the opposite oc- cured in corn; shorts were banded about by then the price was allowed to slip back. Under these mixed conditions July wheat closed % lower lower; July corn corn 3sS up: September corp ro a visions were hard pressed and closed loQ2oc lower.
 Wheat showed strength the first hour. The opening was a trihe weak on lower cables and a fairly good weather map. There soon ar rived, however, batch of bullish reports or bad threshing returns, little shipments from Oklahoma, Kansas. Indiana and Illinois be- cause of doubt as to grading and promises Of more wet weather. Elevators bought for a short time and July wheat, which opened un- changed to # lower at 74S to 74A advanced to 74ls. Yesterday it was known that the short interest was pretty well eliminated. Such absence of an interest to support the market on dips. This break came today when the erai selling was indulged in. Longs who had tailed after the big bulls scurried 70 sc- cure paper profits or to prevent actual loss; Both July and September options were sold freely. Added to this weakening influence was that of an absence of any good foreign de- mand and the weakening of the foresn Sar, put under the pit for a time and rally to "A followed. but the close was weak %c lower for July at 73%. The whole action of the pit today indicated shake-out manipulation by the bulls to buy in at lower prices. Local re- ceipts were 30 cars, 5 of contract grade. Min neapolis and Duluth reported 273 cars. making a total for the three points of 3o3 cars. against 3l last week and s2 a year ago. Primary receipts were 34s 900 bushels compared to Al |, 900 bushels last year. Seaboard clear ances in wheat and flour saualed 3l GOO bushels. The seabeard reported leads taken for export.
 Corn had a good jump at the opening. in duced by higher cables and cold wet weather on the growing corn Shorts covered and the country bought literally. Selling that has been going on for some weeks in September and which has been thought to be for the pro bull interest. This influenced a mixed feeling in the pit July was pushed up to the hign price of 69. which was reached during last weeks excitement. Shorts were punished to some extent and then the market was allowe to slip back. July held much of its advance. but the selling the bulge in September brought an easier close in that delivery. July sold between 6sb and 6e and closed es up at 6Sh. September closed shade down at 6O66Oh. Receipts were 54 cars
 Oats had a good advarce early on buying orders in the hands of all commission houses. The weather did not help the crop any and No. white sold today at 5l46l15. little profit taking on the bulge brought recessions. but July after selling at +2as c'ored Tirm # up at 42h. The weakness in wheat and pro visions had influence. Receipts were 20 cars
 It suited the packers again today to unload some of their burden on the outsiders Hogs. although touching 7e5. were generally weaker. This caused general liquidation most of the day. At times brokers bought in tc steady the decline. General selling of ribs sold between SI g. 32h and SIS. i2ts and closei I7h lower lat SIS 22h; September pork sold from Sl6.55 down to Sl9.35 and closed 2Oc down at $Is.47a; July lard closed loc lower at Slo 571a and September ribs 5G l7lsc down at slo. 6o@ lo.62h.
 The leading futures ranged as follows: