New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-03-30
BELL TELEPHONE co. REPORT.
THE TRADE ~ CHICAGO.

Chicago. March % (SpecaD. was as
weak to-day 1t was strong on Monday. Inc
result a natural one. The bull reasons
which had helped Mondays prices had disap-
peared over night. The news from Washington
peaceful yesterday. had become warlike again
Wall Street strength had disappeared over night
The weakness was increased here by the fact
that the short interests had been very much
reduced on Monday July sold from S33s cents
10 S1a. cents and closed at 80 cents. There
was a very severe nut brief decline in the May.
1t looked as if the Letter interest tested the
market to see how much the May price would
stand The sale Of about 100000 bushels by
Darlington Hannah broke the May from 81 OLA
to 81 O1la. After this selling was over Letter
brokers bid il up to 81 Ola and closed II there.
The ordinary news had no influence. IL might
have been considered bullish II it had not been
overshadowed. There was a better decrease in
the worlds visible supply than was Anticipated
2i43OD bushels. Northwestern receipts were
800 cars less than last years-273, against ~.
In two days Minneapolis and Duluth had re-
ceived 600 cars less than last year. Receipts
here were 112 cars. with only go estimated for
Wednesday Seaboard clearances were 39S,o0O
bushels. Liverpool up I'D. on spot. but
was off i.assd on futures Paris steady.
ty-four hours was l27.OOO bushels. making
$50 600 bushels added in two days In the six
DAYS Liverpool has received 100000 bushels OF
wheat which Is little the estimated re-
ouIrements The weather map to-day shows
that the West Is To have very perfect spring
conditions again. The cold wave seems TO be
broken Rains and higher temperatures are pre-
dicted everywhere for tomorrow. The profess
sional sentiment here is decidedly bearish.
Corn was weak. feeling the Washington and
Wall Street influences. May sold from % cents
to cSssQ2S2 ents and closed at 2Sa. G2S7s.
Cables were easier; seaboard clearances were
~ 600 bushels. Receipts were 24O cars, with
1l5 estimated for Wednesday. There was a
good sized trade: professionals who sold so
freely on Monday covered to-day. The selling
was for long account generally. and mainly
through commission houses. The cash business
here was on small scale. less than 2oo.0OU
bushels New-York reported fifty loads for ex
port there Corn sympathzed with wheat, and
It was under the spell of the unfavorable news
at the capital and at Wall Street.
Although New-YOrk reported $4,000 bushels
sold for export and although one of the elevator
concerns here reported almost 100000 bushels
Of oats sold In the last two days to oatmeal peo-
nle the market lost p to Is cents and did not
have much rally. May sold from -ofs 10 80
and closed at 24Is cents. Receipts were 294
cars with 40 estimated for Wednesday. Sea-
board cearances were 10000 bushels. Brad
streets reported decrease east OF the Rockies
FOR the week Of ,201 900 bushels The pit trade
was unmportant. NewYork the best buyer
The buying Of lard by Cudahy and other pack
ere held IL steady and closed at 2is cents over
Monday Ribs and pork were weak: ribs closed
On cents under Monday: pork 10 cents under.
Tbere was more or less liquidation of long pro-
visions The packers were moderate buyers.
There were 1900 hogs: prices were . cents
higher at the yards the estimate for Wednes-
dav was % 900 There were - 900 hogs in the
West against 49, 900 last year.
on the curb puts on July wheat closed at sos.
GSO7s; calls. SOS. Puts on May corn were 2Ss
@2S1s: calls. 2S7s. Puts on May wheat closed
at 81 90: calls at SlWi4.