New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-04-20

chicaso April IL tspeca;).-rhere was a war wheat
"Ae mere To-Day an exciting opening, an exceedingly
nervous ade al the session. deal Of covering by
shorts and vast amount Of realizing by holders. In the
first hour prices showed A cents over SATURDAYS
over cents advance In days and about IA cents
vance IN week IL was day OF NEUTRALITY-SUSPICIOUS.
'hh' was Favored by commission who naturally
made uncomfortable by standing the breach with nucu
aons so wild May opened from TTA to H. sod between
IS and I4s and closed 20 cents There was M co,sa
Grafton FOR anything except the unexpected war develop,
ments abroad There supposed 10 be some
py Kaufman OF 81 Louis and taking in OF hedges
By elevator people. There was large increase in the
outside buying Nothing better illustrated the sudden
pubic interest in the market wded galleries
But 'here happened to be group Of important
long wheat-l.nn Cudahy. Wen. Barrett. Orr and
others The unexpected profit made sellers Of ali these
holders and they poured enough long wheat into the
market finally satisfy demand then 10 more than
satisfy it and to start decline. Foreigners did as much
selling as buying Private advlces declared trade
abroad Inclined to take the rather piegmacaiiy So
long as the market was going there was nothing definite
N M regard TO the war The crop situation which started
ne sdcsnGe as' week was entirely oysrsnsd0wed The
2Iooo bushels about expected None OF the ordinary
becaus. OF the Easter Monday holiday in England and
The wshs . ws; and @ clear
bsaps s spTr s arSe rT Ous ae' on o9
Tor export from The .ea6sard. There much cash
SfTss % the
nervousness The trade Will be the au vivs in the
Developments These latter the one con
sderation
Corn took the rather lndNerenly opening IN
less than cent and not holding The big shorts stood
pat, deciding that attempt by them cover would
merely Increase their embarrassment Their plan proved
successful There some outside buying
II was not sufficient 10 Keep the price Within al
hour back almost 10 Saturday, close After this
quiet the shorts began take In their This wa. in
the last hour and IL closed about over saturday
May opened from 20 TO 2ti, sold between % and 2a
and cosed 2iH cents There liquIdating In
the first hour by holders The important covering which
took place In the last hour by Counsenla Day
Frazier others. The
o64 bushels Seaboard clearances were Dos
bushels Receipts 1888 with 12S
for Tuesday Samples were higher early but closed
their advance gone.
Oats shorts pursued the plan the cor--hsd on
until the hs, excsment past In the last
hour prices had begun decline. there very
liberal covering May opened from i7s to i7h, sold
i7t and i6k. and closed at i7h cents The i'm
portant buying In the last hour was by Pauen and \
seaverns. The weather West was more favorable for
sales here 81 about 10000 bushels Charters
i25 bushes The visible increased $4,000
bushels The seaboard ciearances were 900 bushels
The Of the coae grains depends altogether upon
the developments.
Packers we're large sellers Of provisions to day out
al the opening nork up Is cents lard ga cents and
ribs up II, cents the last prices were about the same
as Saturdays The unanmity OF the packers on the
seInK the first hour was surprisfnH svdenty
beiittiinE the In the last hour the Eng.ish
TUNED buye9r There were s79ec hog o. With
strong The cash trade vas un,rportant. .
On the curb puts May wheat eio.sd a. 12; calls
Msx wheat on the 'curS' was isls cents