The Montgomery advertiser., 1903-06-19

Ch'cerc G~s,n f"d c,"yisI ms.
 Chicago. June 18.-The corn pit was again the center of interest on the Board of Trade today and prices showed good advances, July closing 1-2c higher and Sept. 3-4Q7-Sc higher. September wheat was up 5-Sc and oats shade better, while provisions were unchanged to [ 1-2@l0c higher. Trading in wheat was fairly ac- tive and the market was strong the entire session. Opening prices were steady with cables July being a shade to 1-Sc higher at 76 1-4976 1-443-S and September a shade lower to a shade higher at 74 Is to "A 1-4 A rather easy feeling prevailed shortly after the opening due to free selling by commission houses, the faovorable wealth CT being the chief factor. Under this influence July sold off to 76 Is and Sep tember to "A, but the weakness was short lived, the strength in corn soon bringing about a rally. Bullish crop reports from the southwest and northwest as well as bad reports from France aided the upturn and the market became strong, July ad- vancing to 77 3-S and September to 75 3-sc. Liquidation was quite general the last hour and much of the advance was .ost July closing at 76 5-S a gain of 3-sQ1-2 September was up 5-8 at "A 3-4@7-Sc. Clearances of wheat and flour were equal to 174, 100 bushels. Primary receipts were 298, 900 against 3S4 400 year ago. Receipts 26 cars--none contract; Minneapolis and Duluth reported 23S cars, making total for the three points of 264 against 206 last week and ETA a year ago.
 The price of corn continued to soar and advances of over cent were made in both the July and September deliveries although much of the gain was lost be- fore the end of the session. The volume of business was exceedingly large and although there was much liquldau
 going on the offerings were readily ab- sorbed and not until within the last hour did the price show any weakening. Sem timent alone was responsible for the con- tinuance of the bull demonstration as the weather conditions were most favorable with prospects of continuation of the same Country offerings were small and the cash demand good. After selling be- tween 50 1-4 and 51 1-2. July closed 1-2c higher at 50 7-8. September closed with a gain of 3-4@7-Sc at 50 3-S after ranging between 49 1-4 and 50 7-S. Receipts 4S5 cars, 29 contract grade.
 The excitement In corn overshadowed all other features in oats and caused a strong market throughout the day. Trad ing was active and general with snorts covering freely on the upturn. The mar ket weakened late in the day on nquida- tion brought out by the realizing in corn and wheat, but July closed 1-S@1-4c higher at 30 3-4 after selling between S9 S,S ana 40 1-2 September was shade higher al 39 3-4 after selling between Ss 3-S ana 40 1-2 September was hade higner al s3 3-4d7-Sc after ranging between 33 3-4 and 34 3-S. Receipts ITO cars. There was little disposition to trade one way or the other in provisions and prices showed no fluctuations of consequence. The carry market was easier on selling, or lara py brokers. but prices firmed up later on the strength in grains. September pork closed 1-2@1Oc higher at 1895; September lard was unchanged at $S.T 1-2 and ribs m l-2 at S9. 30 Estimated receipts to- morrow: Wheat, 30; corn, $50; oats' 1IO; hogs 24,OO0 head.