New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-05-19
THE TRADE IN CHICAGO.

Chicago May IS (Spe:iaD.-There was the first
bull wheat market here in weeks. prices up &c a
bushel and closing at the top. Crop damage claims
were the feature but there were some other helps
Liverpool was up %G2Ad. the best advance on
May The English market explained its May
strength be due TO small stocks and to the dis
appearance OF the poor wheat, leaving only good
grades to be delivered contract. St. Louis was
even stronger than this market getting to &c
premium Chicago Crop damage claims were
the overshadowng motive-claims from Michigan
Indiana and Ohio OF new deterioration from Hes
sian fly They were as sensational 5 tho stories
of winter killing month ago, and. of course, the
losses on top of those serious losses suffered
in the winter. The market particularly In
fuenced by the statement that Ingls. private
crop reporter. whose opinion carries weight. and
who has been bearish in all his advices heretofore
had revised his estimates and greatly reduced his
figures. 1t was supposed there was Linn buying
on his reports to-day. There a pronounced
increase in the outside trade. the most OF IT, OF
course. on the buying side. This swell in the gen.
eral business was as effective bull help as any
other July opened at re. sold between 7lqsc and
1880 and closed at 1875 May closed at 12Ac.
Clearances 10000 bushels. The Price Cur
rent" bearish in it's summary declaring the
weather generally favorable with appreciable
damage from insects. Minneapolis put its Wednes-
day -four sales at 5000 barrels. Gable messages
reported the odessa district still suffering from
drouth with some rain in the Danuban. There
a big general outside trade California re-
ported It cold and dry. Nothing sold here. Sea-
board reported 3 loads
Corn early was inclined TO be easy, but It closed
nc over Wednesday. in sympathy with wheat.
July sold 33lsc and at 33a4Q337sc and closed at
S33.c Receipts were small So cars. with 81 esti-
mated for Friday: samples were unchanged. Sea-
board cearances were 10000 bushels. Liverpool
was I'd higher. Covering Of shorts was the incl
dent Bryant notably. The market al one time was
Jumped by report that the Buffalo strike had been
settled. a report not confirmed. The cash demand
was slow. The seaboard reported 30 loads for ex-
port. The weather West keeps favorable; less
rain to-day. Western advices of large receipts
next week. with the completion of planting.
Oats followed the lead of the other grains. clos
ing &c 10 sc over Wednesday, May. 2,i2c; July.
2i424Nc; September 2l1sc. There increased out
side trade with buying OF July more popular, on the
theory that new oats may not be available for that
month. Receipts 16S cars. with 300 for to-
morrow: seaboard clearances $4,000 bushels Local
sales 10000 bushels.
Flaxseed was weak; the crop news from the
Southwest favorable. May closed at 81 00. or &c
under Wednesday; July at 81 90, or 2}sc under
Wednesday Minneapolis had cars; Duluth. o.
| Chicago g.
Provisions early weak. with Patten a con-
turned strong Pork closed where 1T did Wednes-
day; lard and ribs 2l4c over. There were SOl
! hogs with 5000 for Friday.
On the curb puts July wheat closed at 127sc
calls 75ssQ75l8c. Puts July corn SSc calls, 34c