New-York tribune., 1904-08-04
TRADE IN CHICAGO.

~ ~, EGRAPH TO TIE TRIBUNE
- Aur s-There was 4 greatly unsetue0
Sl'S@sS' -, occasional wheat trade az the open
-ossv T.ers were 50 many pTeo4cuons O
-s,.r, reaction from the renarkao4e ADVANCE ~ 80
- 1ovs that 3 large element IN the IIaoe 80 =.
e.,,,,Irly. First prices covered range q Ia
- for nearly 81 months. There was 4 1S4-
- ~, A p-i.es. followed BY a return -
poie1y d, brokers said that there was heaVy
t-sossionsl selling met by a great expansion - -
ol,,-,e a public buying. In a way the ouIS4ue
--.,g more than absorbed the p-t olIelAHsS 60
-. tbe market its strong turn st the elu q I--9
s-et hour Because of drop OF &c N 80 - e.
.I -b nrice al Minneapolis the trade looked 1oE
40 sts .s+ir, n me most bulish news from inc
o--+tvrest They did not set Il. FROM many SUI SUI
-,og,+s noints came the talk o. halI "Ileas 80
D, A. was not the news OF the cay 80 i----1 a
80 7rblic interest which lifted the market
- southwest and Northwest the craers ems
= ire 10 big and Iittle houses. Love a Co. io1I
- - -rrazier L4ndman. McReynolds. Spencer ana
,ster--s we're reported as buying on large sc41e
T.ke n yare-Leland and ChanpIn hau INES - So
y general way pit traders started 10 taAe lI0I1'
= ~, wheat The country buying ABSORBED the
-toa+ and mace the bull market After the cIose
rssh wheat sales for shipment were repo-le- a =
o7- 40 bushels No I Northern and 5000 o-s--e1S
- 10 shard-a big hole in Chicago contract stoeAs-
r5srters were reported for $4,000 bushels corn Al
:. rate 10 Buffalo. The range Of Old sePteI-l-F
vas from s4sc 10 s5l4c. closing al Ss9sc IAe Als-
est fer December was @14c. the lowest s'-a'' '''7
close was sti.c.
E-ornloGs selling by holders of sePteinoe- corn
tended 70 dissipate the bUIlsh feeling Wh-ch sal71
such force in MS pit on lhs preceding SESSION
Traders we're confident that the remainder o- lls
Gates Eae which at one time aggregated -----'
10000 bushels, went overheard along with hllle'-
Gus lines sold cut by local bulls at a hards2n M
proft Sea hoard houses were created VITA
selling com bought here co4p-s o. GAYS 4e- ---7
advance Of yestsr6ay making II mere plollao-7 10
do this than snip TIE Lctual grain ABROAD O-l'--
mission touses were again heavy buyers paIL---
,.Iarlv O.. December ard Nay. receipts were Aghl
los cars. September sold from 55c down 10 5-i-c.
closing a. 5l7sc- AFTER selling as high as +.asc ana
ss low as zS5.c. December closed ar 4-zc
The cats trade IS without special reasons for
boosting prices. TIE recent advance has been IN
sympathy with the leading markets Receipts 10
day we're only 50 cars. for t5-uo-row -he sstlIale
g Sg cars. There are some rust reEo-ts, bot taey
are mol serious Wlth me weather early tEreshi-s 3
VII furnish q food o1 6-e cats for market There
was profit taking by the local II De early On the
break Howe became buyer for Nay, NcleynoLds.
Bartlett & EI5sron bought fer al months Pring e
led the selling for September. The range of sep
renber was from So &c ID &c. closing Al s+sc De-
ceuber sold from S5asc down 10 541z-, closing az
SSsc.
come selling Cf lard early, thought 70 De -or
Cudahy Later. the trade =1era--y seemed 10 an
ricipate selling move CT the part o. the packers
and scattered offerings forced prces on Moderate
y September pork lost l5c rom best point az
81 s.: lard -0c from TOP al IS 5; ribs we're T2c
lower At 8 60. No rally OF importance 'ccurrzd.
Hogs were a 90 and &c &C 10c higher.