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Show C0RNFR1N- ' JULVWHCAT I Waterman Said to Have Control of thc Market Chicago. July 30 July wheat, tho medium of tt email corner generally I at the door of O. H. Waterman of Albany, N. Y., was iu u state of violent agliation on this, the last day for trading In the delivery. ThU market closed yesterday at 109 l-t. At thc openiug of the board of trade today quotatlonrf ranged from 107 to ' 100. Within a few minutes there was a further vl"u5? to 103 1-2. ; The fight is said to be between Waterman, with possible allied in-t?rests. in-t?rests. adn a blc brokerage home. The opening decline was said to be the result of an attempt of the short Interest, said to represent about 5fln-foi 5fln-foi bushels, to shake out any timid holders who might be trailing the leading bull, and possibly to impress the latter himself. During the first hour, however, the drive seemed unsuccessful un-successful for very little wheat wa shaken out, and tho price rebounded to 107. All hope of shorts that the board of trade would relieve the situation by allowing deliveries to lie made from wheat on switch tracks was abandoned, aban-doned, although the board frequently has made declarations against corners corn-ers and this lead to a belief In some quarters that Waterman's hold would be broken in this way. Normally July wheat should be at a discount as compared with September, Sep-tember, but the price today wai about four to five rents premium for July. |