New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-05-27
THE TRADE ~ CHICAGO.

C,,o,eo Nav % (SpeciaD.-The selling OF
rbaa, nv Cudahy on a large scale recai'e' "'
incident Of a month ago, when ne sou aoVu'
: Oo0 200 bushels Of July wheat FOR Letter 'e
cud,bv selling began early to-day WAS io
rulv September and December. and "h"e II
uos not large at any one time. IL kept up az
dav Before the close the pit treory WAS '"".
tho incident Of a month ago had been on S'''a''
scoIe repeated. and that the Cudahy Selling was
rally FOR Letter Letter openly distributed ou'
ing orders and his support helped to"aru wv
,r,e,nc closing rally. The May was supPo' 'eu
consistently. closing at 81 40, or cents Wv.
Wednesday, The June also was supporter.
ing at 81 40 and at 81 80. and closing a' % 90
The July broke 3 cents the september GEMS
the December was at one time on lrs cents W
n noon the crowd felt rather bullish because Vi
Nav strength Meanwhile the Cudahy se"'hs
-, -, Tn. market finally became over
weighted The suspicion got abroad that 'uua"'
WAS selling for Letter. Then there loHo"eu
quick break July sold at ll4h ana II W.
cents and closed at 10 cents: September AT 90
a,a a, s5ns cents and closed at S6h4 qS6ss cents
1.h. cash wheat was weak everywhere. The
altar hrokers were taking the CARROTS here. but
yere eating them az chcaply as possible. There
,o. M milling demand. Minneapolis said the
,,riars were out Of market up there Liverpool
prices were irregular, Id. higher to FAD. lower
The Continental markets were lower. Clear
ances were $40 600 bushels Western receipts
were liberal S26 900 bushels at primary mar
kets. compared with $1,000 bushels last year
The Northwest had 36S cars. against 4o4 last
YEAR: Chicago had 216 cars. with 80 estimated
for Friday The only incidents in the pit were
the large Cudahy selling and the open Letter
buying.
Corn broke a cent and closed pretty nearly al
the bottom. July opened at "a cents sold be-
tween 84A. 34ss and 80 cents. and closed at
53hQ33A cents There was a showery condi-
ton West The Price Current was rather
bullish. declaring the delay had made the crop
prospects less assuring. There was no improve
ment In the shipping demand. Receipts were
large 6S7 cars. with LILO estimated for FRI
day. Liverpool was I'D. TO Nd lower Sea-
board clearances were 527. 900 bushels Samples
were cent lower. The pit situation was about
az il has been shippers and elevator interests
seller. The bull crowd supporting prices
early but the pit thought there was consider
able bull liquidation at the close.
oats at times were strong. There was some
shipping demand on hand. and samples early
were to liz cents higher oats. however
lost all their advance. The May was steady
closing where IT did Wednesday. The July and
September lost II cent. July closing at 24ia
cents Receipts 2sG cars. with 415 esti-
mated for Friday. Clearances l9S 900 bushels;
aside from the shipping demand which existed.
II was merely a scalping affair.
The provision crowd went upon the assump-
ton all day that Armour was a buyer Of prod
uct That kept the feeling rather firm. al
though grains weak Everything
opened higher. Lard finally closed where It did
Wednesday: ribs. 2ia cents TO cents under;
lard cents under. The Armour buying was
supposed to be OF lard. They probably sold
some ribs. There Cudahy selling Hately
and White led the commission house selling
Hog receipts were moderate 81 600 with q. 900
estimated for to-day. Shipments liberal Cash
demand slow.
on the curb puts on July wheat closed at
81 O4A; calls" 81 II. Puts on September
wheat closed at S47s cents; calls" ssh cents
Puts on July corn. 800. cents; calls" 1894
cents.