New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-05-25
THE TRADE IN CHICAGO.

Chicago. May ~ (SpeciaD Wheat was easy up IA
noon. selling of Nc but in the last hour II id.
vanced 1Sc. and closed about 1c over Tuesday
The crop news was buIlish from the start. but /,
ignored up to noon. Proft-taking by the
Southwest and pounding by local bears were tina
factors In the forenoon The serious crop news
however. finally prevailed Messages here from
Indiana. from expert sent out by local trader,
were to the effect that the Indiana crop was viz
tually gone. Inglis. the best known of the local
experts, sent discouragin2 descriptions from Kan.
The weekly crop bulletins issued from Wash.
ington were decidedly unfayorable in regard to II.
linos, Indiana and Michigan. confirming the private
claims OF ravages by the Hessan fly. Gables vera
against the price early Liverpool up only I'D com.
pared with last Friday, and Paris of a trife Sea-
board clearances were only $4,000 bushels There
was no improvement in the local shipping demand
Millers said flour buyers did not follow the wheat
advance. St Louis in the forenoon took profits on
a good deal OF long wheat There some ston-
loss selling by local holders. The buying demand
of mysterious sort. The heavy selling wa.
taken care Of without anybody being able to say
where the buying demand came from. Rumans
ca bles reported rain. On the other hand pri-
vate messages from the Continent were bad as IA
Hungary and the Danubian country. There was
perfect weather map warmer and less rain. The
Northwest had 4l4 cars. compared with zs las,
Wednesday and 323 last year. Here there were q
cars, against 226 last year. Seaboard cearancss
$4,000 bushels. Just at the close. St. Louis
heavy seller early. took back lot Of its wheat Il
was a stubborn market. with the talent against Il
and strong finally on crop news In the afternoon
curb July wheat sold at 75ssc
Corn closed &c Tuesday. nrmed up little
by the wheat strength. The weekly crop bulletins
were not favorable. too cold and wet The Iowa
bulletin was particularly bullish. But there was
a favorable map to-day. higher temperatures and
less rain; Western offerings showed some increase;
the shipping demand slow, only 10000 bushels
sold from here. Receipts were l32 cars. with 80
estimated for Thursday: cables were unchanged
July sold 33Ac and at 33asq33l7c. and closed at
33sa33,sc. No seaboard reported; IS loads for *.
port.
Favorable crop reports from all directions made
a rather easy oats market. last prices being We
under Tuesday. May closed at 2s2sc July at aisc
end September at 2O5sc Receipts were 23 cars,
with go for Thursday. The seaboard reported the
shipping demand slow: seaboard clearances 350W
bushels
Provisions yielded somewhat TO a large hog run,
80 Co., with $4,000 estimated for tomorrow. Prices
at the yards were sc lower. There were 10000
hogs West compared with 5000 last year. Early
there was some Cudahy selling. 1t was rather
small market Part OF the early decline was re-
covered because Of the wheat frmness. Pork
closed SC under Tuesday lard SC to 7iac under and
ribs PIC under. The shipping demand Is fair
The enhancement less than last year. The talent
expects a slow market for the next few weeks.
On the curb puts July wheat closed at 75Sc;
calls 1910 Puts on July corn $3.50; calls 1914