Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-06-21
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MARKETS.
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Chicago Grain.

Chicago Grain.
by Associated Press
Chicago, June 20,--Prohahly the
widest trading of the year turned the
grain pit into a bedlam. The hot
weather damage 10 crops put nerve
raoking strain ON prices. The taking
OF profits diminished the excitement
near the close, lowering the wheat
market from extreme prices, but
other cereals held firm Wheat fin
ishcd l1-ic to 3-Sc higher than
last night. As much as2 1-ic a hush-
el was added 10 the cost OF wheat
before the stampede to the buying
side could DE brought to a halt
Continued hot weather In the
spring crop country with worse dam
age reports being forwarded by cX-
pcrts, furntsho incentive In plenty.
July ranged from S9c to Gle and
closed l-ic net higher at soc even.
Commission buying kept the corn
market drained completely from Of
fers. The chief reasons were drouth
possibilities. September fl(tuuted
between 57 lee and 5S 3-Sc To l-2c
closing firm at 5S 3-Sc, Il net gain Of
! 3-Sc to 1-2c. Cash grades were
strong. No. yellow finished at
55 S-Ic TO 56 lac.
July oats went into the forJcs 20.
day. the last Of the futures to get
ou of ne 8O-ccnt class. High and
tow points for September were Al l-2"
to 5-Sc and 40 1-ic with last sales
/ 3-Sc to / Lee mp at Al 3-Sc.
New York stocks,
New York, June 2O.-stocks gave
way slowly today In comparatively
small blocks Of selling The market
was unusually dun, A few stocks such
ms Great Northern preferred, Cana
dian Pacific. Denver and Rio Grande
the Erics, International Harvester and
the electric and telephone shares lost
q point or moro while Norfolk and
Western and some less active issues
exhibited considerable strength,
The present uncertainty as to crof
prospects Is largely responsible Tor TINS
position This hesllah'y lS increase,
by reports of extensive damages W"'''
are being received with persistence
lTodays weekly statement Of the
weather bureau did not alIay fear OF
this score. Although 1t reported
continuance Of favorable conditions II
the spring wheat growing states, j
confirmed private adyices telling %
sull more untaNorable conditions II
some sections of the South and South
west.
The lin stocks were among III,
weakest of standard railroad issues
News that the directors Of the Amerl
can Tclcphoue Company had recon
mcnded an increase Of S5O.OOO,0OO II
canitaI stock WAS the sipnal for tn
most ylporops move of tho day b,
,,,l,, tr,d,rs who succeeded I'm drly
ina. n do,,, r,.,ldlv Tho hond mar
Eot wos ,rrcopl,r American Tole
,,,,a,,, ao,,,',,..sI,. r.,,,rs .,..,l,,noa ,,Itl
n,o a,a.t, r,,aI ,,los mar ,.ol,o "a
ore ooo r,nt,'., c,a,.,. ho,,5g M,
49,, go. ,u
'''''7'" W" ''''
Ne" orleans 'ot'on'
Ne" orleans June Hpo, COT
ION steady 0-Ioe OH 10" oruIIlai
II '-Ioo h"IllnaI, oIu'h"ry - 20
/ noII'l'aI' 10" HIIuu''Ib - l-@'' "'iu
ulInB Io'' iaIr 10 '-oc'
'o'toh IuluI'S op'neu S'''uS AT d,
/ advance OF 10 IL points on Iluc'
pet'er capleS ''au que In' "'"'ne
map preul''eu ram III ''' custer" "i''
ceh'ral portions OIL 'ho pv't ana l''
showers ID I'Nas' put WH'Ie th'S wa
iaNorap'e' Sho'ts SnoWeu no u'S'Ie
increase their commitments ana o
lacN OF Offers prices hau 'ehu'"c
10 au'ah'e' . A.,
IH'Io was Ht.'o res" p"Sl"b !"
io"s accounts Une pI,n''P'' ue'''"' !,
coming from pr"Ilt ,aN'nE SnorlS' ~
tne e"u oi tne i''st nan "o"' III
ora crop was b TO 10 points up an
'he ne" crop was po'",S up 'um'
P"rtu WIN S'S'''u"y ''oS'
] win, tbo o.lI,re pf ,s.etarIny hpipp IN