OCR Text |
Show EVIDENCE OF CORNER IN JULY WHEAT. Chicago. July 30 Officers and directors di-rectors of the Chicago Board of Trade are alarmed, according to the Chicago Tribune, over the manner In which certain big operators have ignored ig-nored tbe board's resolutions against the "running of corners In grain." That a corner exists In July wheat Is not denied in fact, it has been patent to every broker on the floor for several weeks. Yesterday July wheat closed at $ 1 Oft l-l a bushel and September wheat at $1.02 7-8. The directors, under repeated urging urg-ing from the conservative members who are striving to allay tho public agitation for the abolition of "exchanges" "ex-changes" of all sorLs, have about decided de-cided to conduct a thorough investigation investi-gation into this corner. They will also apply the penalty to those who are found guilty. The penalty is expulsion. ex-pulsion. Contract grades of new crop red aud hard winter wheat have declined declin-ed about six cents under the price of July In the last few days, which is considered by brokers to be prima faclo evidence of the flclltlousness of tbe present July price |