New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-04-26
THE TRADE IN CHICAGO.

Chicago. April % Especially Wheat speculate
did not try to do much more to-day than to ks..
track of quotations. With such wide ran,s
that was labor in itself. May here was I'm a
cents the July at one time cents. and thee.
advances were not as great as some OF thos.
in other markets. Indeed. it was not Chicaeo
day. Liverpool and the Northwest had rooa
deal more to do with making prices than th,.
market Liverpool was UP 5Ad. on July equal
to over 6 cents a bushel The July prices A.
Minneapolis and Duluth were up at one time
cents. and closed at about the bottom Nav
here sold from 81 - to 81 20. and closed a,
81 1873 The price did not seem 10 be helped anv
by Letter. II a pressure from shorts Tn.
only selling of any consequence was through
Baldwin Quincy. One Of the customers OF thar
concern, John W. Gates Of the Illinois Ste.
Company has call on Letter for 100000 BUSH
els of May wheat at 81 10. It enables him N
scalp the market on large scale. He sold a
good deal Of May to-day against that call
The July sold from 90A to 931s cents. ana
closed at 921a cents: on the curb It was 93%
cents The July strength In the Northwest had
a good deal 10 do with the July strength here:
so did the Liverpool advance. There was good
deal better decrease in the visible than ex.
pected. 324O.OOO There was a decreas.
The on-passage statement showed a. de-
crease ~ $4,000 bushels Continental ca
bles were up moderately. not AS much as IN.
English Minneapolis reported 1900 barrels
Of -four sold. Clearances from the seaboard
were 500 900 bushels. The English visible d..
creased $4,000 bushels. Letter reported cash
sales aggregating 10000 bushels. There were
good sized India shipments. 100000 bushels
The worlds shipments We're 100000 bushels
against 9036 600 bushels last week and $500.
900 bushels last year. II an erratic ex.
citable trade Over % cents for July there
seemed 10 be plenty OF July tap. St Louis
was buyer here. The market at one time was
a cent over calls That explained OF the
selling. II did not need much trade however
TO cause very wide fluctuations. The market
was. Of course, primarily based on the war
situation. notably the alarm abroad over sup
plies. The July manipulation at Minneapolis
and Duluth added 70 the excitement. The Nav
squeeze here was influenced in the same direc.
ton
Corn at one time up ~ cents. and closed
at pretty nearly the top. May sold from 32i, TO
33% cents. and closed at 33i2 1895 cents II
was "a cents on the curb. The Liverpool ah.
vance was almost double this. almost 3 cents
a bushel on some futures There was A very
large visible decrease. 200. 900 bushels and thu
decrease in the local stock was 2346 600 bushels
On passage there was a decrease OF 24s0OOO
bushels. Clearances were 493 900 bushels Direct
export accep.ances were large: the seaboard
put it's business at 100 loads. There was the
sort Of trade az in wheat. excitable. with
out being very large The big holders showed
no inclination 10 sell out. Receipts were 443
cars with 625 for Tuesday. There IDEAL
spring weather in the West.
May sold from 27ia TO 29is cents and
closed at 2s$4 cents. Foreign demand. the alarm
Of shorts and sympathy with wheat were tho
features. One shipping concern sold 100000
bushels abroad. The seaboard reported 10000
bushels sold for export The visible decreased
$1,000 bushels; the local stock here IL only
10000 bushels tonight in public houses. The
big May holders did no selling Receipts were
800 cars. with 600 estimated for Tuesday.
Notwithstanding very large hog receipts
1900 here and 1900 at the Western points
provisions wers strong pork closing 40 cents
over last night; lard. Il cents over; ribs 10
cents over Armour and Swift were both buy
ers Increased outside trade was the best
motive
on tho curb puts July wheat closed at
90fs cents calls. 81 cents. Puts on July corr.
344 cents: calls. 3Ja. cents