New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-06-09
THE TRADE IN CHICAGO.

Chicago. June (SpeciaD.--With the exesrHa.
of June. which yielded readily to a little a.,,..
by elevator interests. wheat to-day was hish.
The June, which closed last night at 81 O6 go
sold as low as 81. opened at 81 O6, sold betv..~
81 o. and 81. and closed at 81 O2ls. Letter c.,,.
to the support. The July. September ana n.
cember were advanced moderately the july .,..
ing IL cents over Tuesday. the September ~
cents over, the December q cent over. caM.s
were higher; that was the principal occ...
for the rally. Liverpool was Nd. to 4kd HIN.
Antwerp and Paris Is to % centimes h,,a.-
The weekly weather crop bulletins were an
favorable, both as regards winter and sn,.,-
wheat prospects. There was however a o..
deal OF rain shown on the map There w..
some private claims of rust from Nehrs..
Kansas and Michigan. The professionals was.
In a mood for a rally. 1t was big scalni,.
market. Foreigners bought early. but thew =.
parently were scalping. as were the home NJ.
fessionals. for the last hour the foreigners VA.
on the selling side Letter supported June az
July wheat 1t was explained that the Jyv.
pool strength on July was partly the rA.r,.
Of some American buying to cover shorts CIss.
ances were 100000 bushels. Receipts were u,h.
everywhere-134 cars In the Northwest "a c..
here and ~ estimated for Tomorrow rh.,.
weak sample market here. No Nor,A
ern. however, sold at 10 cents over No. 2 ,.d
That is because Of the high prices In the North.
west. No Northern can be shipped from h.r.
up there at big profit No. 2 red IL not avail.
able for delivery In the Northwest TODAY.
market was around call figure most Of thu ...
sion. September opened from 1914 TO II cent.
sold between - and 757s cents and closed A
1864 cents The trade In futures was NOT ,,..
nifcant. Every one in the market seemed !.
be scalping. Letter reported 10000 busbe.
cash sold.
Corn kept firm by the rains which wer~
excessive West and Southwest. Corn opened
up \ cent. lost 1t all. but finally closed Y cen.
over last night. July opened at 32i. cents. sold
between 32A and 3lIaa31% cents. and closed
at 81 cents. Receipts were $50 cars, with
go for Thursday. Liverpool was I'D to I'D
higher. The coarse grain market was helped
somewhat by the wheat strength The weekly
crop bulletins were rather more favorable than
expected although they conceded some delayh
planting or in cultivation in some Of the statea
Private reports from Illinois are worse than
from any other State. Clearances were $4,000
bushels. The shipping situation continued I'M
favorable. Charters here only 10000 bushela
Inc prOl"SSlOnhI temper rs rather OullSh
corn. although elevator people and shippers
are bearish.
Oats opened firm. with corn. and finally closed
where they did last night. July opened at 23A
cents, sold between 23N and 22a. cents and
closed at % cents sellers. Receipts were 1l5
cars. with the estimate for Thursday $50 There
IS some complaint OF too much rain Cearancss
only $1,000 bushels Oats are merely taggna
along after corn. Shipping oats. 100000 bushelaL
Provisions were slow. firm early. easy Later
and about steady at the wind-up. Every one
considers the provision market a scalping one
this month. Pork closed 5 cents Tuesday,
lard at and ribs about at Tuesdays pricea
There were $1,000 hogs, with $1,000 for Thun.
day. The shipping demand is slightly improv.
ing. although still small.
On the curb puts on July wheat closed at ssh
cents. calls at 81 cents. Puts on September
wheat. 1915 cents; calls. 77S cents Puts on July
corn. 31ss cents; calls. 32t4 cents