New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-05-05
sed balance sheet shows
THE TRADE IN CHICAGO

| Chicago May (SpeciaD-The bulls ir wheat has
| the news to-day. but the bears had the marie,
There a little steadness for an hour the clos.
was xas. under Wednesday July opened at IA.
Q734c sold between 73&q73atc and 724c. and closed
at 72zQ725sc. The May discount narrowed only li<o
at the close compared with &c at the opening OF ths
week May closed at 7l1zc. Half the day the mar
| ket little under puts, yet there no great
| demand even from the holders Of those prlvileses
Charles Smith who is leading the scalping frater-
nifty here now. had puts 100000 bushels OF whea,
but apparently did no buying against them. Tho
Ohio May report made the winter wheat condition
IS, compared with s. in April The figures did not
stir anybody. Late in the day the Missouri State
report made the condition ST. against sS.s last
month. THE Price Current said that the winter
wheat about maintaining itself. but not making
any progress. The weather map much mixed
Kansas which neeos much rain. did not get any
The Northwest which needs dry weather had
showers. There were frosts in Iowa and Nebraska
Early in the day seaboard exporters declared the
foreign demand poor but on the break there must
have been considerable business closed. Sales here
were $1,000 bushels with more than that almost
closed New-York put the export business at % loads
Liverpool early lsd%d higher but lost most ot
1t. Seaboard clearances were 10000 bushels ST.
Louis was the weak market on the list. and S.
Louis was an active seller here. Haarstick pre-
sumably leading In 1t. Most Of the trade here was
much part The Northwestern markets were rel.
atIvely strong Cables say that the strength Of
MAY in Liverpool is due TO the fact that Kansas
ha I'd wheat stock is exhausted. making II likely the
higher priced spring wheats will have 10 be de-
liyered July wheat on the curb strong at
72a4c
Corn was weak with the best OF the talent here
sellers-Patten. Bryant. Updike. Friedman Pacaud
and others The only demand against puts
or against shipping sales. July opened at 3f4@
345sc sold between 3iI203issc and 34c, and closed
at 34Ad344c May closed at 332sc. Gables were
Indifferent. Receipts were l57 cars, with 80 cars
for tomorrow. The shipping demand was called
poor early but on the breaks sales aggregated at
least 10000 bushels. The seaboard claimed I'D
loads for export. Lake rates easy. ll2c to Buffalo
Oats were quiet off a small fraction. May closed
at ZINC sellers: July 24lsc sellers September &c
Receipts were 2si cars with go for to-mor-
row. The speculation light. Shipping sales
from here at least 100000 bushels.
Flaxseed was weak dulness having most 10 do
on Wednesday, July 81 O9ia compared with 81 l2ls
Yesterday Minnea polls had one car, Duluth four
and Chicago twenty-one
There was heavy liquidation by provision longs.
One concern, Harris & Co.. sold out 5000 barrels
OF July pork There was lesser liquidation. Pork
al one time was off 20c lard and ribs Oft 2izaSc
The close WAS a little the bottom. Tho
shipping demand is slow, the professional senu-
ment bearish.
On the curb puts on July wheat closed at 'zsc;
calls 73Ac. Puts July corn, 34lsq3f1%c; cais'
34Ac. -.