New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-03-19
THE TRADE ~ CHICAGO.

Chicago March (SpeciaD.-Ths was Lel'er
day Instead OF being put 10 the necessity OF
supporting prices he found II necessary 70 sell
very largely OF May in order 10 prevent prices
running up out Of sight. His brokers SOLO AT
least one million bushels May on steadily ad-
vancing market May sold from 81 0iA 10 81 o6,
and closed at 81 033.. There was good deal o.
gossip relating 70 private settlements. Among
the other talk was that Armour had settled
a large line out Of market There was no truth
in any Of these stories. The July advanced al
most as fast the May. selling from ~ to N"ii
GS63s. and closing at S6lA cents Shorts tumbled
over themselves in this future. as we'll as IN
Nav One concern. Barrett Farnunl bought al
most two million bushels July, and called a lot
of whea. az the close. The prospect OF cold
weather was tho important factor. For week
the temperature had been exceedingly hearish.
because Of mildness and abundant moisture. To-
dav temperatures in the Northwest were under
zero n raining over the winter wheat
States but cold weather was promised over all
Of them for tomorrow. Gables were strong.
Liverpool up sd. to I'D. Argentine shipments
were the same as the week previous, $4,000
bushels Last wear they were 100000 bushels.
Paris was up as we'll as Liverpool. eaboard
clearances were 100000 bushels. Northwestern
receipts We're not nearly so large 30 cars. COM
pared with 291 last year: here, however, there
were los cars against twenty. The stock Of
wheat at ports in the Argentine was reported at
3 100 600 bushels against 10000 bushels last
year. Estimates on tho visible supply were for
a decrease OF 15OWN bushels. against a decrease
last year Of 1.O19O0O bushels Vessel men
pect navigation to open April /. month earlier
than the average. That will enable Letter 10
get his wheat cargoes. aggregating tJo0C00
bushels to the seaboard a month in advance of
his expectation. and will permit him TO do the
Of his shipping this season very much
lower rates than he or anybody else expected.
At the same time the early opening will permit
wheat to be brought here from Duluth by boat
ahead Of expectation. The weeks exports. both
coasts, 3,G25, 0O0.
Corn felt the prospect Of the change Of
weather. Everybody has been selling II of late
the early spring. To-day the shorts covered
the cold wave prophecy. May sold from %
to 29l4 G293s cents. and closed at 20L. cents.
Shipping bids good % yesterday. but
very little business done. Corn not
for sale Liverpool was I'D. To I'D, lower. Sea
board clearances we're 355 ZOO bushels Argen-
tine shipped nothing. OF course. corn sympa-
thzed with wheat. Shorts led the buying as IN
wheat. The inspection was 300 cars with 2l0
estimated for Saturday. The weeks exports
were 3.otS.0O bushels.
Oats followed the general example. May SELL
ing from 2ola TO 23'. cents and closed at 258sT
25a cents. Receipts were 100 cars. with lS'i
estimated for to-day. Samples we're a cent
higher. Seaboard clearances were lol 600 bush
els Oats have been weak Of late the pros
pect OF an early spring and early seeding
The zero temperatures in the Northwest made
the prospects somewhat different Minrea polls
reported large export sales during the week.
over 100000 bushels. Every one bears In mind
that Letter has about o,OO0,OW bushels May
long.
Provisions strong THURSDAY with
everything else weak. and they were Just as
peculiar to-day. rather weak. with everything
else strong There was hardly any speculation,
merely little buying by packers Shipments
were only moderate All the old bulls fear a
war scare. Pork and lard closed ~ cents under
Thursday. ribs 2ls cents under.
On the curb puts" on May wheat sold at
81 05; calls" SlOS. Puts" on July wheat S5L4
cents: calls" s7i4 cents. Puts" May corn
were 20hd2a4 cents; calls" 29hQ29i. cents