New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-23
THE TRADE IN CHICAGO.

Chicago June % (SpeciaD.-To-night's wheat
prices closed &c over Thursday. and the close 8
the best of any far. To-day's strength has Deer
10 spite of heavy selling by Cudahy. Bloom Rob-
son and other great operators who have been
right from the start Where the wheat has goas
to is a mystery. Indeed, each day IL has been
something Of a mystery what element is absorbing
the offerings OF the holders who taking profits
To-day's crop news was as sensational as any re-
ceived. The map showed only a few showers IN
the Northwest and the highest temperatures on
record for June. Messages kept coming during the
day reporting the mercury 100 at point or
another with no sign of rain. StatjstiCian SNOW
back to-day from his tour OF inspection 10 thu
Northwest, said there never within anybOdys
recollection any such crop loss the Northwest
has suffered. He estimated the total yield Of tas
three spring wheat States at only 100000 bushels
and figured that the two DakOtas had only +o010G8
bushels compared with over S0C10000 bushels last
year. The Minneapolis Market Record" estimates
the three spring wheat States at 100000 bushels
Dalrymple teegraphs here that he has started sixty
p!oughs through his wheat fields, and predicts ths
farmers everywhere over the Northwest VIII have
ploughs in their fields by next week This seHsa-
tional crop news Offset the profit taking and result
ed In a higher closing July opened from S3asc 70
S3esc sold between S37sc and S214c. and closed al
SS1sc- Later in the day on the curb they were talk
ing s5c for July The September was 11.c
July, olesinS regularly at S7sc. Minneapolis iers
report London taking -four at full prices. Argentina
shipments were 1596OOO bushels Liverpool closed
sd 10 1sd lower. CIearances were 5000 bushels
and clearances for the week 4625.0000 bushels The
trade was quite wild. a natural result 0t
very wide huctuation. necessitating heavy
gin calls and resulting IN more caution.
Corn closed sc over Thursday. Persistent talk
from the Northwest of loss Of hay and pasture
and of the urgent needs of the feeders had much
TO do with stirring the corn market. There
bigger speculation July opened from 41i4c 10 4ssc
sold between +OSsa+l24c and H7sC, and closed az
HIac TO 41Ssc; September closed at 42asc. Dakoa
was asking for hay prices here. Cattle along To
500 Line are said be of s. head Shipping
corn sales were AS COO bushels. Receipts were -
cars. with no estimated for Saturday. Liverpool
was sd lower Clearances were only 10000 bushels
The weeks clearances. 2.5140O0 bushels.
Oats closed Ac over Thursday. The NORTHWEST
has been buying this grain for a week its drouta
and loss Of oats. hay and grass. The trade has
been increasing. Oats are popular. because they
are relatively so low and at such discount under
corn. July closed at 2424c; September 247sc.
Flaxseed advanced 1c TO 11ac, September closing
at 81 49, October. 81 &c. The Northwestern drouta
is beginning even 70 involve flax
Provisions had a remarkable advance. pork Up
6Oc lard and ribs UP PC. There was q sudden
jump in the outside speculative trade. FOREIGNERS
were covering lard a large scale. Provisions
have at last caught the grain excitement.
The Board Of Trade began to-day the collection Of
Its quotations. Ousting the employees OF the
Western Union and substituting its own men. This
result was brought about by the recent victory
over the bucket shops before Judge Tuey There
Is TO be change in the distribution OF quotations
at present. The Board of Trade. however collects
them itself and delivers them TO all the telegraph
companies simultaneously.