New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-03-02
THE TRADE IN CHICAGO.

Chicago. March (SpeciaD.-The wheat news kept
bearish; fine weather. small clearances, large re-
ceipts and small speculation; but prices. after
selling at the low point on this decline. rallied
&c and closed at &c over Wednesday. May opened
65I4c 65asc, sold between 6i5sc and 651ac. and
closed at 65Ac to 6jasc. May wheat touched ei5sc
once before in January. After that there followed
klac rally and to-day at the low point the market
showed this 4Izc rally the last six weeks all
To-day's little closilg recovery was on the taking
in OF wheat by shorts and on the closing spread
By the Northwest. The gossip that Peavy
selling Al Minneapolis and Duluth ana buying
here, closing a stradde. Phillips covered wheat.
The local professionals kept bearish, but were
quick TO when the turn came English cables
were comparatively steady. Liverpool off only 1.d
10 I'D which was only half the break made here
on Wednesday. Paris, however, was off equal to
about &c a bushel. Clearances were 47o0O bushels
Including -four The Northwest had $40 cars against
2H9 last year; primary points had just about the
same receipts year ago. The Liverpool wheat
stock 244S0JO bushels, showed decrease for the
month Of 1I73.0OO bushels. and the Liverpool flour
stock $4,000 barrels. showed decrease OF Sc 900
barrels One message from New-York claimed ~
loads Of wheat for export. The -four output at the
four important points for the week 1900
barrels compared with 100000 last year.
Corn barely held its own: to-night's close sc
nn6er Wednesdays: May. 3424 G347sc; July. 3476c
Speculation slow. The inspection was AL cars
with only 2 in the contract the estimates for
Friday, 200 Liverpool was I'd higher Sea-
board clearances were 343 600 bushels The new re-
sissippi to the seaboard expected TO help the
New-England demand. but not to much affect the
export There has been lower secret export rates
than the reduced one now Just announced. Country
offerings keep light. The speculative market seems
waterlogged not nearly active as II was Ship
ping sales from here to-day were put at 10000
bushels; the seabosrd claimed Is loads. The Liver
pool stock $4,000 bushels. showed a decrease for
the month of SO4 900 bushels. Some OF the profess
SIGNALS buying July and selling May. expecting
r. better July premium.
oats We're firm. up &C. with the May closing at
f3@sG23lzc. Shipping sales least 10000 bush
els. The reduced rates to the seabonrd are likely
10 prove more Of a help oats than TO the other
grains Receipts 160 cars, with 100 estimated
for Friday.
Flax closed about Wednesdays figures. with
out much activity: May. 81 IS; cash. 81 90. There
were cars received at the three points, com
pared with 10 last year
Provisions weak early, but finally closed
little better than Wednesday. 2l2c to &c over May.
Pork closed SO %: May lard, s. 50; May ribs
s. SLY sellers. Packers the buyers; early there
was commission house liquidation. PORK has had a
break Of 9c lard and ribs of Oc. The conservatives
consider it break enough. There were $4,000 hogs
for March l showed about expected. 10000
barrels and old pork. 1900 tierces and
old lard and 1912 coo pounds short ribs. The fig
showed for the month decrease In pork OF
4057 barrels increase in lard OF 7165 terces and
increase in ribs OF 2311 pounds The stocks
considered bullish.