New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-05-21

who are his partners in the Northwest not ~
permit sudden collapse OF the price VI "ne"'
at Chicago after the close Of the May deal 1a'
to-day sold at 81 40 and closed al 81 20. "o
June was nominally 81 40 July was nelpea
little by the June development IL SOLO al % W ~
and 81 o. and closed at 81 OS1s. Ihere was
Letter support Of both July and Septemoef w
day. September opened at $685. sold pet"ee"
SS1a and S9h cents. and closed at 1913 CENTS
There was q point early that the sep'emper
would be put to 80 cents. 1t was not rean@eo'
Letter brokers. however. took great deai Oh
September in the last few minutes OF the ses-
sion Paris cables reported the weather on inc
Continent cold and wet. There was CONNECT u
authority as to the tariff prospect some cap'e'
claiming continuation OF the tarlH suppress
sion was probable until August or september l.
1t was significant. however. that none OF the
Continental cables we're higher-Antwerp un-
changed and Paris practically so. Liverpool
was ss@2Hd. lower The Argentine snip
ments-1 152 900 bushels-were 32oOOO ousneis
more than the week previous, and the shipments
for the corresponding week last year were only
5000 bushels Receipts West this week have been
so large that an Increase Of 100000 bushels in
the visible is expected. Last year there was
decrease Of almost that much. Primary re-
cepts were to-day 100000 bushels. compared
with 454 900 bushels last year. Local receipts
were moderate-271 cars. with 275 for Saturday.
There was a cargo Of 100000 bushels NO.
Northern In from the Northwest, and there were
IS 900 bushels No. 2 red out OF private houses
The -four news was bearsh. The pit trade was
uneyentful until the last hour, when Letter
brokers were the buyers OF September and July
The seaboard and foreigners were sellers
Corn was active, but kept within range OF
less than a cent July opened at 3o1s sold be-
tween 36h and 356s cents. and closed at 3o%q
35H cents. There were aims everywhere West
and more promised for Saturday. That was the
occasion Of the strength. There was no improve
ment in the shipping demand. Liverpool was
1zG%d. lower. 1t said the Argentine sur
plus would be 64OO0,000 bushels. Rail rates
East have advanced 2ia cents There were large
clearances. 1.177.OO0 bushels. The corn pit is
full all the time. There is an influential bull
party. led by the Trego- Smith interest. a local
professional crowd. Shippers and elevator peo-
pie keep bearsh. but tmd. 1t Is a stub
born market. with the influences about equally
divided. Receipts. 800 cars with 800 estimated
for Saturday.
Oats about held their own. being inclined to
follow They affected by the bad
weather. but the shipping demand Is slow Re-
ceipts to-day were 271 cars the estimate for
Saturday $40. Seaboard clearances were SOL
600 bushels. making over 100000 bushels
cleared In five days. July sold 26ss cents and
at 26326ls cents and closed at 26A cents.
The bull leaders in provisions were sellers to-
day-Armour and Cudahy. There has been
Cudahy selling for several days. There is fair
outside trade. Stocks small. consequently
the decline to-day was not severe Lard closed
5q114 cents under Thursday: ribs 7h410
cents under Pork closed 1910 cents over,
one being willing to sell it. Hog receipts
keep large $4,000 at the seven Western points,
compared with 10000 last year. Receipts here
were $4,000 with $1,000 estimated for Satur-
day. Prices were 1Oa15 cents lower.
On the curb puts on July wheat closed at
81 06, calls 81 121a: puts on September at sSas
cents. calls at 90is cents; puts on July corn at
35isq35As cents. calls at 36H cents.