New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-04-09
THE TRADE Nv CHICAGO.

Chicago. April 8 (specIal).-Althoush the for
eign markets were closed. and although there
was ideal weather West. wheat turned strong
here closing n to H.. cents over Thursday The
war theories had most TO do with the advance.
There were all sorts OF views taken as to the
effect OF actual hostilities on the price AS the
market was a short one. and as the crowd was
greatly in doubt TO what the price really
would do there resulted a general inclination to
even up. The effect was. the buying being a
little more urgen: than the selling, to advance
prices July opened from 81 to S37s. sold be-
tween S3hs and S4a. aS47s. and closed at S4a4
cents. There was more trade in the May. 1t
sold at 81 04h and at 81 05ia and closed at
81 05 Pretty nearly everybody who was in the
market was on both sides ultima tey. The feat
ure early was selling OF July by Slaughter. one
Of the Letter concerns Just at the close there
was a lot OF buying by Counselman-Day. an
other concern closely identified with the bull
leader The market closed a little over calls. 80
Argentine shipments were 1872, 900 bushels.
compared with 11S40O0 bushels the week pre-
vlous. and GA, 900 BUSHELS last year. Northwest
ern receipts we're 233 cars, against 264 last year.
The contract wheat to-day aggregated only
50 900 bushels. and the contract wheat In the
last 1--WE days has aggregated $4,000 bushels.
which Is considerably less than last week. The
clearances were 457. 900 bushels. The September
and December made a little better rally than the
July the result OF increased trade. Broomhall
reported Russian stocks only 81 per cent of
last year; the same authority said the amount
anoat exceeded last years by 2O,O0OO0O BUSH
els The weeks clearances we're 377SO0 BUSH
els.
Corn to-day advanced q to X cent. and closed
at the top. May sold from 29ls to 30 cents and
closed at 80 cents. Shorts we're the buyers
Pacaud Patten. Bartett-Frazier. Parker. Rum
sey and others. Pacaud alone covered million.
It looked as II the countrymen had decided that
war would mean higher prices Country offer
ings were almost nothing last night-a very
sharp dropping of. The enormous cash busi-
ness OF yesterday had some influence. but there
was very little cash business to-day. not over
900 600 bushels. Charters were made for 100000
bushels Receipts were 196 cars. with 40 esti-
mated for Saturday. Samples were 4 cent
higher. Seaboard clearances were 66OOOO bush
els; the weeks clearances 3557 900 bushels.
oats were up y cent for May and u cent for
July and September. May opened at 25as cents
and closed at 25% cents. The considerations
were about the same as In wheat and corn. the
uncertainties and small country offerings. Re-
ceipts were 1870 cars. with 1875 estimated for
Saturday. Samples were Il cent higher Sea-
board clearances were $4,000 bushels New
York reported export sales of 10000. Shipping
sales were 100000 bushels.
Provisions closed about where they did on
Thursday. The Cudahy selling of lard. when
has been the feature for several days past. con-
tinued on a small scale. Armour and the Eng
llsh houses were moderate buyers. Government
contracts are beginning to cut some figure with
the price. There were 10000 hogs with 1900
for Saturday; but hogs at the seven Western
po,nts were $1,000. against $4,000 last year
SHIPMENTS are moderate. 100000 pounds cured
meats and |. 100000 pounds lard.
On the curb puts on July wheat were o4N~
s4x; calls" s5tsGS5%. Puts on July corn
were 207s M24: calls" 3O1sm3OA