New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-08-02
TRADE IN CHICAGO.

rsT TELEGRAPH TO -EE tribune
Chicago. aug. Trading vas Interrupted IN TIE
forenoon to-day 70 aLow-the otacisl announcement
Of The settling price FOR Such July deliveries as
failed 70 be made for Of time on the last day
81 the month The special committee recommended
fhsr Ju- deliveries be completed average prices
of Saturdays market, or Gee old and $3.50 ne"
etye contracts Z Is generally believed b. mem
hers and oH1c.als that al concerns viii agree 70
complete The settlements as suggested. There was
6 strain on the wheat trade az the opening. some
II i was the result Ct The ra1gle growing out OF
the defaults on q quarter Of million bushels Or
July contracts 81 The close Saturday. When every
thing else was brushed aside. the important bull
feature vas the damage 10 The spring crop from
rust Early Minneapolis and Duluth messages
claimed that The rust complaints were coming from
So-tG Dakota and Northern Minnesota, as well as
from the southern half CT The spring wheat belt as
la-e as last week There was buying Of wheat here
On Northwest orders. There was good buying by
houses II closest touch with 81. Louis The esti-
mate for this market for Tuesday IS enlarged 10
- cars. Before The close the whole trade with
facilities for getting news had alarming reports
frd predictions some covering spots and some de-
eaTlHg The whole spring crop threatened The in
crease IN the visible The primary receipts al 81 90
bushels, had no effect II checking the advance
Later buying was general. and prices had further
strong advance The close vas GJ the TOD, or q
shade Under for al months. The range Of old Sep
'enoer was from slisc 10 CSC closing al s25sc; Nay
Closed a. the top price of the day. ssc; the lowest
sc
several things combined 70 create . decided bull
market IN corn this morning. First. many traders
Naa been II tie country and failed 10 see the great
progress claimed for the late corn acreage. VITA
ne increased receipts the last week the local pub
nc stocks increased only -l2e0o bushels The o -
brought q report that RUmanIan maize shipments
are stepped by decree because q injury 70 the
crop by crouth- On top OF this came buying
orders from New-York and Il was said the orders
were ior foreign account Shears0n-FIammu and
Nsre-Leiand were early buyers AT the very start
ha-uett brokers. Leland Minnie Bodnan Lake
q Co and many other commission people were
COCO buyers FOR al months from September TO
NAY After TIE market made fair advance cash
corn was quoted as selling Is0s.c over satu-,lsz,
-'a'ef snlppFlg sales % 2oeOS 10 10000 bushels
"e'e reported. September closed az Sic. The high
est was S-isc and the lowest So The 80. -,
1-el19er was from 45isc 10 s7gs78c closing AT 81,
-. were relatively weaker than other grains
ne reason that oats are now cor,,,, J,
- -Ise-y' ard cash prices show a lower So
~l--s1 me increased offerings Only fra,.,-s,
80 - SHOWN in prices FOR futures .,5 .l,
.-s = - io'4y IN sympathy with the b,,llisb
= "a ana corn 1t is estimated tIst o.
Der sold from, S3lsc 20 2s5sc ,-Iot -as, se9tefn-
oeulber closed al the top S4lsc arre- re De-
Sssc. Se'-ihE as low
All the strength fl the grain r,s-s...
ny Hos pFoeHets. There vas good rssso -
"1s run OF 5000 hogs and Drices 1nsIe
10 &c, There Is no life 10 provis,ors -, % 40
Waits for some favorable sign az tie -. 40, ls
Packers DO nothing in the pit s4n,s,,t-- : -L
&c a ~ = ana Ea4isd 10 So 22a: seDteubs- ia
- = sho lAsef al % a. closing s. s73zas7 r,t. 80
= 1A9 . % AHe closed a 81 s2lsaa 6.