New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-05-20
THE TRADE ~ CHICAGO.
CHICAGO AND EASTERN ILrrNo1

Chicago May 10 (SpeciaD.-There active
wheat market. with the range 1%c, with prices at
one time almost cent over last night, but with
the close 1sc under. There was good-szed trade.
with the fluctuations active and uncertain enough
TO suit anybody. July opened at 1910, sold be-
tween 74sd74s.c and 731sc and closed at 73%c-
May closed at 12Mc Crop damage reports were
the features up 10 noon, and II was Significant
that they came from those who have heretofore
been conservatives, and related largely TO States
which have heretofore been looked on as likely 70
make up the winter-killed deficiency. Secretary
Frledlander of the San Francisco Board OF Trade.
telegraphs that the prospect for bumper yield Is
past and that California does not promise moro
than 2S 100000 bushels. compared with 5O,OOOOE
bushels by the Government statstician Snow
has reduced his estimate on winter wheat to 2Io.-
100000 bushels. Kansas is complaining Of dry
weather again California OF drouth and cold. The
bear had one ray OF comfort. Snow declares that
the spring wheat prospect continues perfect. Ar"
gentine shipments for the week. 2.024,0C0 bushels,
although almost double last years, were not as
large as expected Liverpool was sd to lsd
higher Seaboard clearances were only $4,000
bushels. The shipping demand showed no i'm
provement: nothing done from here and only IL
loads reported at the seaboard. Proht-taking was
the feature in the speculative trade-enormous
selling by Councilman-Day Harris. Barrett-Far-
mum and other bull houses.
Larger Western offerings OF corn and influential
OF the hrmness of wheat at times. Even when
wheat was az its best acted weak. July
opened 33Q332.c sold between 33a.c and s27sqSSc
and closed 33bc All the elevator people reported
larger purchases West. Patten the inhuen-
tial seller OF futures. Elevator people were gen.
orally on that eide. The shipping demand was not
improved. The Buffalo tle-up continued complete.
Local receipts only 100 cars, with 40 for to-
morrow; but the CARROTS here will show the freer
Western offerings before long Argentine ship
ments were $4,000 bushels. Seaboard clearances
were 1870 bushels The seaboard reported 65 loads
for export.
Oats followed the corn. losing sc to sc. May
closed at 27sc: July at 2Ss4@237sc; September, 21c.
The motives are about the in corn ex-
pectation OF larger Western movement. large area
and fine weather. Receipts were 226 cars, with 2Sl
for tomorrow.
Flaxseed was easy. May closing al 81 03is COM
pared with 81 o. Thursday: July. at 81 o. compared
with 81 % Thursday; September at ssl2c. compared
with 9Gc Minneapolis had cars; Duluth, 3; Chi
cago 16
Provisions frmer. Influenced by buying by
Cudahy and by Hately Pork closed TIC over
Thursday lard IA to loo over: ribs &c over. There
was no opposition to the rally. There were 500
hogs with 1900 for Saturday. Prices were 2lec 10
sc higher Packers would like to see some advance
II is early. however. for any bull movement. HOG
receipts are to be larger.
On the curb puts July wheat sold at 7Sc
calls, 75c. Puts July corn. 33c; calls. S3hc.