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Show ffORLD'SMARKETS WALL STREET. New York. Aug. 7 Manipulation was evident in the early dealings on the stock exchange today Openinp quotations, which showed general gains on the more favorable European Euro-pean situation, gave way to profit taking and Increased short selling, with resultant setbacks Union Pacific Pa-cific was again the leader, rising and falling within a point of yesterday's close, while Reading, Steel Amalgamated Amalga-mated and Smelting were equalh erratic Changes in the more obscure ob-scure Issues were no less confusing, with two to three point declines In American Tobacco. American Snuff and the preferred shares of American Writing Paper and International Paper Bonds were steady. The market closed strong. Following Its unusual custom, the market became Increasingly dull in the final hour, with moderate recessions reces-sions from best prices of the afternoon. after-noon. The leaders, however, retained : a greater part of their advance Chicago Grain. Chicago, Aug 7. Corn suffered aj sharp break today as a result of con- j tlnued light rains in the northern part of the belt. It was still dry and hot elsewhere, however, especially southwesL and thftre was a flulck rally Topeka reported the ueather today sizzling after the hottest night of the vear. The market opened 7-8 1 to 1-8S-2 l-4c lower. September, which started at 69to 65 l-2c, a Iobb of 7-8 to 1 3-8 to 1 1-2, recovered to 69 5-8c. General selling of small lots carried down wheat The break in corn was the principal influence. September opened 1-81-4 to l-43-8c off, at 86 1-8 to 86 l-4c, and sagged to 85 7-8c. Sentiment in oats was less onesided one-sided than in corn, so that prices were relatively steady. September, which at the outset was 41 5-8c, showing show-ing a setback of l-4'33-8c, reacted soon to 41 7-8c. Provisions appeared to be mainly governed by corn, weakening at firs' , and then turning up grade. First sales i varied from a shade to 7 l-lMc down, with September options as follows fol-lows Por, 520 60. Lard. $11.40 Ribs, Sll 12 1-2 Wheat Increased estimates of the! spring crop kept the crowd bearish The close was stead, with September j at 86 1-4, a decline of l-85Jl-4c net. Corn A fresh decline followed ow- : I ing to reports of good rains in Illl- I noi6, but the downpour did not prove 'Ummii widespread, and the market again 1 bounded upward The close was ner- ' vous at 70 l-2c for September, a net 1 gain of a shade to l-8c Sugar. New York, Aug 7 Sugar Raw I firm. Muscovado. $3.23; centrifugal. j $3 7... molasses. $2-98, refined firm, J crushed. $5.40. fine granulated, $4.70. t powdered, $4.80. J Omaha Livestock South Omaha. Aug 7 Cattle Re- I celpts 1700; market strong. Native steers, $7 25gi8 85; cows and heifers. $5.75(98.00; western steers. $6 30 j 8 00; Texas 6teers. $6.00'S7 50; range j stockers and feeders, $6 257.75; j calves. $6 009 50. i Hogs Receipts 12.300. market I Bteadj Heavy. $8.00ig 8 15 ; light. $8. 258. 76; pigs. $7.0008.00; bulk of sales. $8 05g8.20 Sheep Receipts 16.000; market steady to 15c lower Yearlings. $6 45 j 8.50; wethers, $4 25tf4 75; lambs. $6 40(Q 7 00. ! |