New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-04-15
THE TRADE IN CHICAGO.

Chicago. April IA (SpeciaD.-The Liverpool
wheat market to-day broke it's ordinary bounds
prices UP to 1$lQ3d. GENITAL almost cents
bushel on some futures. 1t was natural enough
that that should precipitate a great excitement
on this side. But the foreigners did more than
merely advance their prices. They made enor-
nous purchases Of cash wheat over night. Letter
alone sold 100000 bushels spot wheat and. OF
course. at an advance in prices Mers here
caught some Of the enthusiasm. and moderate
sized sales OF cash were made to them here at
two cents over yesterdays prices. Minneapolis
reported 10000 barrels Of -four sold. Prices
responded 10 this news in the first hour July
got to ~ over last night May to n cent over.
There was scramble by shorts led by ST.
Louis again In the first hour 1t looked II
Letter were replacing In July the sales he had
made OF cash and for May. Two brokers. Nc
Donald and Lester, took about |, 800. 900 bushels
July just after the opening. That was credited
to Letter All the bull news. however. seemed
to be or hand at the opening and the buying
demand seemed to get filled up by noon. Oats.
corn and provisions Jagged.
Wheat buyers. relying on the war prospect.
were made little uncertain by the Indifferent
conduct Of the other markets. In the last hour
the July. the September and the December lost
all the early advance and something In addi-
,ion. The close, however. was not quite at the
bottom. there being little final squirt on
Washington r,mor that the Spanish Minister
had been recalled. July opened from 80 to S'ts
cents. sold between $685. and SIS cents. and
closed at STA cents. the last figure being just
the close Wednesday. September closed at to's
cents under Wednesday: the December at 1914
cents under Wednesday. The May for several
days past has been more active. Letter all this
~, Iat-
possibly 100000 bushels to-day. 1t opened at
81 10 sold between 81 90 and 81 III. and closed
at 81 11l1. Letter brokers supported 1t Just
at the wlndup Seaboard c!earances were 6JZoo"
bushels Receipts in the Northwest were loo
cars. compared with 211 last year. The addi-
ton TO the contract stock to-day was only 'oooo
bushels making 1000 bushels in four days.
Corn was so Indifferent TO the war motive as
To surprise every one. At It's best It showed an
advance OF only a cent. and az the close 1t was
only II 10 a cent over Wednesday. May sold az
3Oib cents and at 3OH to 30A cents. and closed
az 3Ol. 70 GOA. cents New-York puts the export
sales in all positions at 10000 bushels. that
fact made the Indifference Of the price only the
more remarkable Receipts were 236 cars. with
$50 estimated for Friday. Liverpool was up
ID on spot and nd. futures. There seemed
10 be- however an enormous amount for sale'
with all the professionals on that side the
buying mainly against cash business
Clearances were G15,OOO bushels. The specu-
lators were the buyers. Cash business from
here was about 10000 bushels.
Oats acted very much corn did. surprisingly
Indifferent May opened at 26ia cents sold be-
tween oGs. cents and 2G cents. and closed at
2Ci. cents May closed just where 1t did on
Wednesday, the September II cent under
Wednesday at 23s to o3t. cents. Receipts
were 1913 cars. with 1870 estimated for Friday
shipp,ng sales were about 100000 bushels The
incident OF the day the sale OF about
800 OO bushels for May by Counselman- Day,
supposed TO be FOR Letter
Provisions which logically should have felt
the war situation as much as wheat. were en-
tirely Indifferent to II. There was slow mar
ket and everything closed under Wednesday
pork 12i7 TO H. cents under. lard and ribs
cents under Packers were the sellers the IN
ternational leading in IT. There were 2o,"n
hogs with 1900 estimated for Friday ana
prices at the yards were cents higher. The
Price Current estimated the stock OF meats In
the West at 76OO0OOO pounds over last year,
but the stock OF lard at 114,WO tierces less;
The packing West for the week was 3'o,oO
hogs agaIns. 10000 last year. There were
fair shipments-1 $3.50 pounds cured meats
AMI I.I33 900 pounds lard. The packers are
more intent now on cheap hogs than on bulling
provisions.
on the curb puts on July wheat were S6st
10 Sc. cents: calls" 81 cents. The July wheat
price which closed regularly at SIS cents. sold
10 9Srs cents the curb Influenced by a rumor
that the Spanish Minister had been recalled.
puts on May corn 3Oh cents calls"
3Os. cents. Puts on July corn were BIB cents;
calls" 317s TO 81 cents.