New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-03-17
THE TRADE ~ CHICAGO.

Chicago March Is SpeciaD.-Wheat lost g anu
closed about the bottom. The news was oeciueuS
bearish and It the belief that ldrSe -"a'
line held for New-York account was lquidated IN
whole or in part adding greatly to the weakness
No. opened AZ 6aIc sold between $3.50 and b'l2c
and closed I4a67asc 1t was 673sc on the cuio,
All the foreign markets were lower; LVerPooi o"
laid Antwerp off - centimes ana farlS ""e''
Artvern ronorted Argentine offerings lncreaslhS'
London said Russian were freer Up to noon New
yorL sbowed relative frmness. and II looked as II
c, Louis were taking in short May and reselng
for July At one time prices showed niue RAINY
over Wednesday, The California news sho"eu "
complete drenching there. with the talk OF drou'I
entirely abandoned. The bear news accumuia'eu
through the day. Liquidation started; finally ali
,ba commission people seemed TO have a great lot
~ ston-loss selling to do. The decline was rapid
and the close without any rally. Duuth "ired '"a'
its warehouses about full OF grain ana seeus'
holding about Is 900 oOo bushels OF all sorts Win
q nominal capacity Of only 2o~ooo~ oushes' 1t
suggested the possibility of wheat being diverted TO
C,htoaao before long The Price Current esti-
mated the wheat condition at ~ and the reserves
at 26 600 600 bushels over last year TINS was re-
earded AS rather bulsh for a while The seaooard
clearances were $4,000 bushels Western receipts
were lght-279 cars. against 81 cars last year III
the Northwest 10 cars here. against l41 cars
,,e.r ago Shipping demand poor. only a little
from miIlers crop news more favorable Rye
broke &c.
Corn acted firm until wheat turned so weak 'neh
It suddenly started down and closed cent ullue'
Wednesday, May opened at 35c sold between S0'Ac
and 2ic and closed at 3ic but the break was IN
evmnathv with wheat and Liquidation Receipts
were only PIG cars Liverpool was I'D higher sea-
hoard cearances we're 9Ol 900 bushels. New-fork
said the export business Wednesday had aggregated
500 600 bushels. Shipping sales here were about SV
OO0 bushels The seaboard reported A. loads Tor eX-
port There was a great deal OF uneasiness over the
ouality shippers finding II impossible to do business
with the East without guaranteeing grade, wnich
they would not undertake. II was said the big eN-
mort business at the seaboard Wednesday was in
corn which had to be sacrificed TO he hurried
into consumption Local people ran the market
They did the buying early and bued prices slightly;
but they were all sellers when wheat turned so
weak Comstock. Champlin and Pacaud-Patten
helped the decline along.
OATS lost a cent because the other grains did, a
case OF sympathy and OF liquidation merely. May
sold between 262c and 25i4c and closed at 2sc Re
ceipts were $40 cars shipping sales $4,000 bushels;
seaboard clearances. $4,000 bushels.
FIaxseed opened for May at 81 2Oa. sold between
81 pa, and 81 90i, and closed at 81 2Oi. The easier
luth 3. Chicago q.
Provisions steady. about maintaining them
solves in spite OF the grain weakness 1t was alto
ecther changing market. The steadiness was
helped by a Decent rally in hogs. small receipts
only 5000 to-day and only % 900 for tomorrow.
on the curb. puts May wheat closed at $3.50
6Gisc: calls 6Si4c Puts May corn, 1880; calls.
34isc.