The morning call., 1894-04-14
Chicago Markets.

CHICAGO, April I3-wh eat was feverish to-day,
plunging up and down the scale OF prices and end
ing with gain of 1873 for May. Conflicting crop
re ports. short covering long and selling and New
YORK export buying set prices up and down. and
large business was transacted. For matter OF
three or four minutes it looked like thing
70 sell wheat. the sealpers were saying TO each
other, and trying to iud buyers for fves tens ana
twentieS OF May at 1858 TO 59L2, when a sudden
demand snrSng up. In five minutes May wheat
worth 50s4. and no one wanted TO sell 1t for
minute or two on account of the unexplained
cause OF the demand. Mhen inquiry was made
it was discovered tha5 h X. Post, a
heavy New York speculator. had been
caught playing the wrong side OF a straddIe
III about 1000 200 bushels of wheat between New
YORK and Chicago and seht buying orders to cover
the short end OF his spread here. That being the
Of the quick l14c advance tue market re-
acted as soon as that line was covered and when
it became known that there were other grounds
T or the bulge there was decline 10 about the
opening figures In the next forty minutes. But
the rapid changes so easily brought about nad
made the tr sders nervous. aud there aTpther
quiCS upturn to 601sc by II O'Clock. California
reported no relief from the drought there. The
sales and reports of the taking OF great deal of
wheat for export at New York were Ia measure
account of dry weather there. The mar
ket became very strong within hour
from the close and May went up beyond
its highest previous prices. July Kept
gong up about cents IN advance of May The
final strength. which made all else forgotten.
came from The report OF over ninety boatloads
having b. en- taken for export aG New York-abou,
75G QUO bushels. On that they went up to 6I0
Us about twenty minutes from the close.
There were denals OF any such number Of boat
loads having been placed ia New YORK. May sold
as high as 6l5s and July at 631a, and Pardridge
was the most active buyer on the jump. There
was a reaction to 613s at the close. making net
gain for the day of 13sc.
Corn is without change. and provisions after
starting out on bull rampage, left off tame. with
a &c loss In PORK and 2L2c advance in lard. and
without much change in ribs. Estimated receipts
for tomorrow: Wheat. g cars: corn, 100 cars;
oals. l2S cars; hogs, 900 head.
Inc leading futures ranged as follows;
Highest Lowest Highest. Lowest
AaT sGzge s9gge sss4o ss11$c s5e
JuyS53$c sgi$s si3ssc Saiy Mny sss.c sss ss3$e
Mess Pork per 6bl@ Lard per roo lbs
Say Mny;sI8 si$ Ss oe siS sI2 e sPTli Mar
Short Kris per 90 lbs. Julysf 20 S7 I21h
May. So 6212 ST 40 Sept...S7 l71% 81 10
July s6 so So 35
Cash quotations were as follows: Flour-Fasy;
No. spring wheat, 6O5sc: NO. Spriug w heat
60e: No. Red. 605sc: No. Corn. 3saSslIc:
Prime Timothy SEED. s4 25: Mess Pork , bbi
sl2 70@l2 1914: Lard, p 90 rs, ST 5O@7 57Ih;
Short Rib sides Ooosel. Sc 55G6 571S: Dry
Sailed shoulders (boxed). So stu IA 8 l2Is:
Short Clear sides tboxedl. SO s597: WHISKY
distlllers' finished goods e gal. 81 l5 Sugars Cut
Loaf. -; Granulated. -. Standard A, -
on the Produce Exchange to-day the Butter
market steady, creamery l7@23c, dairy 12@
19c; Eggs steady, strictly fresh lie.
CATTLE
CHICAGO Aprn 13.-The Evening Journal re-
ports; Receipts. 70 ,000; In better demand a
trife higher ali around: prime TO extra native
steers. S4 4O@4 So: medium s4@4 25: Others
So 50G3 80: Texans e3 2515 80.
Dogs Receipts. 10000: IN sale about 5000;
leo 5Ghigher: rough, heavy. 81 25@4 rs; pack
ersT and mixed 90 Is: prime heavy and butch
ers' weights, 50 20f05 30.
lower on commons top sheep $500 10; top lambs,
So 259D5 70.