Show NATURAL CORNER IN OATS Short Supply and Pattens Holdings Causing Prices of July to Soar Chicago July 19 It was a wild day in oats The cause largely seems to be that there is 13 a natural corner in July Tuly new options Mayor James Patten of Evanston who cornered May oats is credited with a 3 line Une of nearly bushels of new July and inasmuch as receipts are very small and contract grading much smaller shorts are arc fear fearing fearIng ing lug still worse orse conditions Up to a afew afew afew few days ago promises for a good oats harvest came to hand repeatedly The cash ush demand however kept up so well that In spite of predicted bump bumper to advance Cr er crops prices continued on the sample tables With heavy rains in the adjacent fields and reports Of or fallen and twisted yellow grains raIns shorts became become panicky The outside bought freely The future options ad advanced advanced advanced sympathetically and were hard hardly hardly ly appreciably affected by the break In Ia corn and wheat Th The nean months have become very ery erys scarce s arce At all an times Umes they are hard to buy bu and the demand is always alwa s in ex ox excess cess of oC the offerings Trade in July Tuly was not excessively heavy the price being beins put up hy by b moderate purchases Pries Prices however fluctuated 1 or 2 cents at a jump July opened at o up at 60 GO dipped to 58 59 SlY and then jumped to tow w 63 The close was strong c up at 64 04 Iv September opened 4 to c high higher er at 34 31 Wheat heat made very e good advances early on the weather reports and light local contract grades July in particular lar was strong and was WS bid up rapidly by hy frightened shorts Cables were in indifferent Indifferent indifferent different Most of the wheat east of or orthe the Mississippi and near the great lakes Jakes had been damaged to some sonic ex cx extent extent tent by b rains and more showers were predicted Trade was only fair faJr after the opening flurry and when it was as learned that the primarY receipts were bushels against last year earr the southwestern houses hou es began hegan selling turned rapid rapidly rapidly freely andS and the e sentiment ly 1 4 bearish St Louis led in the selling July Jolly opened o ed Yo up to 77 7 jumped to 79 and closed c up at 7 76 Septem September ber opened c to c up at 73 13 to o 73 sold at 73 7 i but slumped to o 72 and closed weak neak lie Ic lower at 2 4 72 Corn was bid up well at the start in sympathy with wheat and oats and on the he rain influence The market how however however however ever was poorly supported and there thereas was va as a 5 slump in prices until deferred futures closed under yesterday Senti Sentiment ment inclined to the bear side July opened Ic Ie up at 67 and closed 1 up at 67 17 September S closed weak c cower lower ower at Provisions were subjected to free soiling eiling by brokers for unloading pack packers ers era rs September pork closed lOc lower lard ard lower and nd September ribs down dawn The leading futures ranged ra ed as follows No 2 I Open I Rig I Low I Cios July m j 19 Sept T Dec Pec 17 72 IP r i com No 2 I I 1 Open Oen I 1 High I Low j I Close July y 67 66 67 Sept t 61 61 60 Dec 47 7 47 46 c 8 May y t 41 43 as 43 Oats No O 2 J I Open J I High I 1 Low I Close Cious July T Y 9 60 2 49 51 July n i 65 5 59 64 il Sept o s 32 1 31 Sept n nl 3 1 33 I Dec n t Mess 3 Pork For Barrel i f I Open eIt 1 I High I Low I Close JUly 1832 I 1833 1832 1825 1525 1825 8 Sept 1352 1552 I 1 1852 1251 t 1537 t Oct 1830 18 I 1830 1530 1822 1822 1322 Lard Pir r Pounds Open I High l I Low L I Close July I 1 1102 1302 U 1302 1087 Sept I 11 1102 02 f 1105 1087 1057 1087 1057 Oct 1075 1075 1070 1070 Short horL Per 10 Pounds I Open j I t I Low Law I Close Clean July 1070 I 1070 Sept j I 10 1053 y I 1082 1052 1075 j 1075 Cash quotations were as aJ follows Flour Steady winter patents 75 straight clears 3 spring ape specials specials dais patents 3 85 straights Wheat No 3 7 No 2 red 78 Corn No 2 yellow yell w 6 Oats No Z 2 No 2 white 60 No 3 white 59 Rye No 2 Z 63 62 Barley Fair to choice malting 11 Flax Seed No 1 No 1 northwest cm era Timothy Seed Prime Mess Pock Per bbl 1830 Lard Per Ib Ibs 10 1057 Si Short Ribs Sides loose 10 Shoulders salted boxed 9 Sides Short clear boxed ll V js Whisky Basis of high wines Clover Contract grade de I 1 Flour barrels h Wheat heat bushels Corn bushela Oats bushels Ryer Rye bush l Bar Barley ey buShels 6 |