OCR Text |
Show CO! PIES DROP HEUGITilTl CHICAGO, Aug. 4. Values reeled wildly downward to'lny in the prain and provision markets. mar-kets. Holders of all the commodities on the list encaRfcd in a Btrenuoua effort to unload quid; and thus escape being caught i the whirl of the movement against high cost of necessities. Corn closed flurried. 4' to 7 cents net lower, with September $1.79 to $1.79J4 and December $1.48 Vi to 81.48. OalB lost 2Vi to 3V4 cents and provisions $1.10 to 2.25. Heaviest breaks shown at the end of the day in the corn market were for the December delivery, de-livery, which nt the last minute was still falling rapidly after bavin? dropped back about 25 cenls a bushel since less than a week ayo. Inasmuch as tb? December delivery is the principal prin-cipal future trading equivalent of the 1019 corn crop, the shrinkage in values which lias taken place during the last week might he figured at considerably more than half a billion dollars. Actual cash prices for corn available for Immediate Im-mediate delivery, however, have not been cut more than 10 to 15 cents a bushel in the last we -1:. In oats as well as in com. virtually the sole factor was the bearish influence of agitation agita-tion over the high c03t of living. Talk of large export sales of oats culd not be confirmed. Provisions were for the same reasons as grain without any adequate support. THE RANGE OF THE LEADING FUTURES. Open. High. Low. Close. Corn w Spt n.SO'i 51-82 l-77 $1.79 Dec 1.51 l.W I. mi 1.4SV4 Oats Sept 70'4 .738 .70 -70 Dec 73-j .76 ."i2 .73Va Pork M Spt 49.00 49.10 4S.00 48.00 Lard S'-pt 31. G5 32.50 31.00 31.00 Oct 32.35 31.00 31.00 Ribs Sept 29.75 29.90 23.97 25.05 I CASH QUOTATIONS. Com. No. 2 mixed, SI.801.W; No. 2 yellow. yel-low. $1.95. Oats. No. 2 white, 7173Vic; No. 8 white, 0914fii72c. It vp. No. 2. $l.S3a 1.54. 1 R.irley, 1.30fi 1.42. 1 Timothy. $9.00 & 11.50. Clover, nominal. Pork, nominal. , Lard, J.'iO.Ou. , H1U. 5-5.5020.50. j |