New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-06-01

excitement In the pit The day nothing
like some Of those other historic ones when
the price had been steadily bid upon shorts
until they had to give up. Apparently to-day
there were no shorts There was no excitement
resulting from Letter support Of the May at
the 81 25 point That looked tame compared
with 81 * Saturday. May everywhere else
was weak although the drop was less precipi.
tous than here because in the outside markets
the May price had not been TO such an altitude.
All the deferred futures were weak; they would
have been lower in sympathy with May. but
the general news was bear!sh. July, which
closed at 81 O4h on Saturday, opened at 81 o.
sold as low as ON cents. and closed at 91A
cents September opened at 81 cents, sold be-
tween SOss cents and S2i4 cents. and closed al
S1hGS1H cents, which was cents under Sat-
urday The December was relatively steady. at
one time a little the Saturdays close. II
opened at 70 cents sold between 7sN cents and
so cents. and closed at 79A T79% cents. There
were enormous worlds shlpments-l3'JZS'UO
bushels. India shipped 3Ol6,WO bushels The
Russian shpments-4,664 900 bushels-exceeded
the American. Liverpool was Still closed. Paris
was strong. with evidently May squeeze there
in the -four Seaboard clearances were 8SI.0W
bushels There were no defaults here on May
begging before the ose. being made UP in 5000
bushel lots and sold In the pit The Northwest
had 995 cars It is expected now that Letter
Will support the June price for a while at lower
level in order to help him market his cash
There will be no manipulation however me
market from this on will bs a supply and de-
mand one.
There was a broad corn market. weak at tho
tdeSI The close. he.
ceipts were enormous. 291S cars. with 300 esd
mated for Wednesday. The double holiday had
something to do with these big figures. Wet
weather West the prospect Of more rain. and
rather discouraging crop talk brought about
strong closing rally. July opened at S2t cents.
sold between 32H and 1914 cents. and closed az
the top Clearances were $4,000 bushels The
visible supply increased 611.OOO bushels: the
local stocks. 1878 900 bushels Increased 1900
bushels The buying was better than the SELL
ing being led in by those interests which were
bearish < cents higher up. The shipping demand
was not much improved. All the advices "ere
that the country had practically stopped selling
Oats were quiet and firm up to the lest fifteen
minutes Of the session Just before the close
Patten. presumably the largest holder Of oats.
bid the May price up from % to 81 cents. and
closed at the top. There were few defaults
on May oats The deferred futures we're nrns
July selling At 2334 and at 241a cents, and clos
ing at 24%92f5 cents Receipts were loss cars
with 3S5 estimated for "Wednesday. Seaooard
clearances were $4,000 bushels Except the
support given the May just at the w.nd-up. the
market followed corn. The visible decreased
OF 900 bushels: the local stock 7s9 600 bushels.
increased o. 600 bushels.
Provisions We're firm Hog receipts were Hight
1900, with $4,000 estimated for Wednesday:
prices at the yards were to 10 cents highen
The principal strength OF the market. however.
was because ~ the signing OF the French reel.
procty treaty This reduces the French tartn
on meats about 80 Der cent. and the French
tariff on lard about 80 per cent. Pork closed
cents over Saturday lard ~ cents over. RIBS
q? cents over.
on the curb puts on July wheat closed =
% cents: calls" 81 03 Puts" on September
wheat, 19as cents calls" SOS cents Puts" %
July corn. 33i4 G33as cents; calls" S4ls cents