New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-05-14
THE TRADE IN CHICAGO.

CHICAGO, May - (SpecidD.-The Shorts +"
had tho grain market for while this morning, but they
did keep May wheat opened at ssl3 cents June
at s9 cents July 90 cents aud August at 034 cents
g below last nights close. There was further shrink
age on free selling OF 3 June, q centon July and
Il cent on August That the lowest point reached
and several heavy scalpers" began to buy in their
propery This started the current the other way. The
shorts lost most OF their profits before they could get
10 cover and many OF them found themselves caught.
June advanced y cent In thirty minutes and In the
following thirty minutes took another flight to 81 cents
Al o'clock Il was and strong. July went from
10 TO 92 loc and subsequently 93iee then % cents
Wa bid August commanding 05c. az the same moment
The only episode In the wheat pit was the purchase OF
fine of wheat estimated by tho gOssps ut 100000
h"sbrIs Inv Ieopold Bloom. The -" bears who were
caught blame Bloom for bulling the market. Corn
rnse i'm sympathy with wheat May ad ancng from AZ Sc
10 473c June from 47l to i7os rents ana July rom 4'2
TO AZ cents before IL o'clock The demand ior cash corn
was active and the market firm. The extraordi-
nary light stock in the elevator here makes holders IN
dependent They are not anxious 10 dispose OF Ihelr
stocks at present prices apparently Provisions were
weak ali day. Trading was at time brisk Wheat and
corn eased OF between IL and o'clock, tue FORMER SUD
siding materially IRON top quotations. although the air
was cloudy with bad crop news and other "bull" re-
ports. June closed ut 9Oos cents July at 9Z% cents anu
August AT 04at cents.
The grain markets were firm again in the afternoon.
Wheat advanced and closed strong. PROVISIONS were
sluggish rs IN the afternoon There were al5paohe5 o.,
the board early In the day stating that Duluth hau
arranged to ship 100000 bushels OF wheat ana thI
0OO0 900 bushels To 40 to Canada Burl0net sou
great deal pork-probably 5000 barreisbut II was
taken IN by " shorts" without creating ripple Inc
close at 230 D. III. was June wheat, 0O6s cents; June
cora 472 cents June pork $l1 90 June lard, 20 s2l2
May y ECaT quiet H %he s'esy g GICSo
Minnesota Bakers 5O0sI so Patents 81 - gSl %;
Gradea So 90 90 Rye Flour - - 80 40 barrels
wheat active higher sales ranged May $50 Yc:
o0secI June SJs0Olc, closing 4t tVsci Juil
81 2G9o &C. clOsnR atJ49 o No. spring ylsg3Y9c 80
spring, 19is doOc. 20 Red. 9J9Bl mI No hed Sgsc
Corn steady: safes ranged Cash 477sdisc' May 47S0
A. co. closing 477sc., June 81 b947ho closing at eoi
July, 4l214o &c. closing at c. Oats eadYi saos
ranged Cash q e3i 70 MAY "a 49S4 Sc closing S4S
g. June "a asa closing at ~ sc rye no = iao
Barfey-No 26Ad6Je Pork steady Cash 81 OJgsll ~
Nav. sll 05ssil TO- closing ~ 81 O June SlO pi2s
Sl TO- clOsng at Sll OH July. Sll 05G$l ~ p closing
81 10; Lara guie ssIes ranged cash 81 s0Sso sz ~
B2la, closing n2I June 81 80 0t % -
closing 50 s5i July 80 81 bass 90 closing al seg1%
Bnkmeats-shouidere = SSgs4 40 short r lid % t nno
6bIa whea6 $4,000 bnshi Corn 3S,V oush. oata
-Piour $4,000 bblsa Wheat. 10000 eush Corn Z2d.OVv
busb Data l7s.0o0 Dusi Rye, @OOO bnsn Barley i'Voo
h1ah-