New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-05-26
THE TRADE IN CHICAGO.

Chicago. May % (SpeciaD-It was q LAitss
wheat market to-day; the May was touched m
q little which was rather expected. II closed =,
81 20 compared with 81 50 last night IN.
trade continues to confidently believe In q q
price some time within the next five days. Lett,
took the car lots again as he has done each
day for a month. paying the May price for thu
contract grades and paying high prices for any
wheat that in the hands or mixer would b.
come contract. Liverpool was up q to penny
and English cables said 1t vas due to COVERING
The Continental markets were weak. The da.
ferred futures all showed advances They wsrs
exceedingly dull. but in the last hour letter.
support became clearer. and in the last few
minutes he seemed to be anxious To close thu
September over call figures. July a, one time
was 3 cents over Tuesday. selling at 81 10 and
81 121p, and closing at 81 12A. The September
got over calls. showing an advance Of cent
over Tuesday. II opened at SS cents. sold be-
tween S7L ana SSla cents. and closed at SSk
cents December was up a cent, closing at 86X
cents The June closed at 81 40. compared with
81 81 last night. There we're good clearance
b:3S 900 bushels. The seaboard put its export
sales at 30 loads. Western receipts. while over
last year. were not large as they have been
1000 bushels al primary markets. compared
with 442 900 bushels last year; $50 cars in the
Northwest compared with 6O4 last Wednesday
~
contract. and with 2ll estimated for Thursday.
The Continental cables were lower. the Ant.
Werp off equal TO 3tl cents bushel Paris was
off slightly The news from abroad was Of both
sorts India and Russia were reported Offering
wheat for July shipment cheaper than America
The foreign crop outlook was declared satisfac-
tory BroOmhall. however. said fiOaling supplies
would decrease l6OOOOOD bushels In the next
three months II predicted that Russian offer.
ings would fall If in June and July. The feeling
here is that letters interest beyond May 10
merely a scalping. Every one is prepared for
good deal Of manipulation in the next hve days
Corn broke . cent. and then recovered It. The
local bull crowd showed a good deal Of pluck,
taking the offerings on the decline. The wheat
rally finally had some influence on corn July
sold at 342s and at 1895 G333, cents. and closed
at 34i, cents. Exporters said the decline did
not improve ,he demand Liverpool was barely
steady Clearances were $4,000 bushels II
was showery West again. but good weather
promised for Thursday. All the weekly crop
bulletins declared corn delayed by TOO much
rain Charters. 245,00o bushels. Receipts 4I4
cars: estimate for Thursday. $40
The squeeze in May oats is over, every one
seems evened Up. May which closed yesterday
at PSI cents. sold 2tp', cents and closed at
hut closing at - Oats need clear weather now.
Shipping demand slow. To-day's receipts were
Dos cars. with 80 for Thursday. Clearancea
1915 600 bushels.
Provisions early were excessively weak pork
of 30 cents lard off 10 cents ribs off 1917 cents.
They recovered most Of their decline. lard all OF
its decline Provisions after an extraordinary adj
vance have lost half Of II. steady. scathns
market is 70 be expected now. Hogs to-day were
40 600 with IS 600 for to-morrow.
On the curb puts" on July wheat closed at
81 Osa,: calls" 81 Il Puts" on September
wheat. S13s 6S7i2 cents. calls" $685. cents.
puts on July corn. 1875 cents: calls" 34A
cents.