New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-05-27
THE TRADE IN CHICAGO.

Chicago Nav 2s eciaD.-Wheat to-day lost lhc
and had little recovery. The market felt that load
OF long wheat which Smith put upon II YESTERDAY.
There were rallies but they never took the market
"a h,yb as Il closed on Thursday, and the recov-
cries did not hold July opened at decline OF
cent at 75I5c to 75hc sold between 76'sc ana 'oc'
and closed at 75i4c. About the only support osi the
break was from puts. Smith was still aggressiVeV
bearish There was Northwestern selling Ihere
was n Quick recovery about noon. because the
market got oversold, but the rally shpped away
The break was not on the crop news Ihere wa"
no apparent Improvement In the winter wheat re-
ports Statistcian Snow reported further ue'oiio
ration of winter wheat, but added that the spiiis
wheat situation continued perfect. Inc 'ouer"
Miller was In about the same vein-oulilsh as 10
winter wheat The most bearish consideration was
the large Northwestern movement 5s9 cars at Mn-
roonolIs and Duluth compared with 20 last FRIDAY
ord us last wear Receipts at these two points TOT
five DAYS have been almost double FOR the SAINT
five days last week. and In excess or last year "e
weather map showed summer temperature, ouI :"
good deal of rain. Nothing was sold for shipment
from here. Tho foreign crop news was less ia'o,
abIe Private cables reported the weather III
France too wet. a cable message 10 the Doaiu Va
Trade from odessa read. SITUATION oau' pai ''a'
rains Yesterday, but insufficient continental MAJ
kets were higher. Liverpool was isd 10 "sd lower
on futures but I'D to Id higher on spot MIL
neapolis reported $1,000 barrels OF -four SOLO Ihurs
doy There was a good-sized trade with sooo
deal of vacilation on the part OF the crowd July
on the curb 75Ac ,
Corn lost AG1kc. July opened from SSaSS'sc' so'u
between ssI4c and S27sc and closed at SSc' May
closed at 82S.c The most bearish incident was an
estmate by statistcian Snow that the corn area
wes 81 oOo 900 acres 100000 acres In excess OIL
,soz which was the record-breakng year. lhere
were reasonable temperatures but little TOO much
rain Corn felt the wheat weakness Inc shippihs
demand was poor with sales here only 'o"o
husbels The seaboard reported 60 loads Liverpool
was I'd lower Clearances, $4,000 bushels Receipts
were 1911 cars with S75 for tomorrow Ihere
was good deal Of country selling. Bartlett-Frazer
and Patten led the professional selling the marker
got under puts =,
oats were decidedly weak. off l1glc and closing az
| about the bottom May closed at 2514c; july ZZ&ci
september 1ss4q197sc There were $50 cars with ~
cars for tomorrow Crop reports continue perdect
| he weather fine. Shipping demand slow; only 9'V"
Faxseed was steady; May closed at NV; July
| ., omh. september 9Sizc. Minneapolis had cars
| Tu'uth II cars: Chicago. II cars ,
Uoe receipts continue too heavy FOR the proVsior
roarTet. az 10 head to-day with 22oO mead tor to
| ,morroy Prices at the yard were 2lRgoc lower Fos
nork lost nc: lard and ribs, 2i9c Patten was th'
| poteworthy seller OF pork and lard $500 . AK, .
| IN the curb puts July wheat closed al '4%ssu
| -is,c. calls, 751sd76c. Puts on July corn S"c
| calls 33c.