New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-19
THE TRADE IN CHICAGO.

Chicago. June IS (speeiaD-wheat prices at one
time to-day showed &c advance Saturdays
close The market is up lac over the low figure Of
two weeks ago It looks now as II everybody was
in wheat; the galleries of the Exchange are crowd
ed commission people are overrun with orders
The Northwest. the seaboard and foreigners were
vieing to-day In their buying. July opened 751c
sold between 75l5c and 1850 and closed at Tsasc to
B1se; September closed at Slase to SO15c There ia
stin but one consideration. the Northwestern crop
situation. Statistician Snow. who has been travel
ling through the DakOtas and Minnesota wires
that the three States will raise over 100OO00o0
bushels OF spring wheat, compared with 2OOO000
bushels actually raised last year according 10 the
movement He estimates that, even If Kansas full
fills its highest promise. the total wheat Weld OF
the country will not exceed $4,000 90 bushels The
Government made the total yield last year 81
0oV0V eushels, and the year before 65OOOOo0 bush
els There are to-day good many messages from
the winter wheat States complaining OF serious
losses from excessive rains. These are from Ken
lucky, Southern Illinois, Indiana Tennessee and
missouri The rains In these States have been as
extraordinary as the drouth IN the Northwest.
Press cable dispatches continue TO refer to the crop
losses In South Russia from drouth Paris cable
dispatches said the Minister Of Agriculture con-
eeded serious shortage In France Seaboard
clearances were large. $1,000 bushels The wheat
visible increased $4,000 bushels There was a de-
crease on passage of 1.saoOOO bushels The North
west led the buying here There was an enormous
trade, with great deal OF profit taking b,,+ while
the demand was sufficient to easily advance prices
corn advanced zQ@sc. The strength was mainly
with wheat There was, however a good shipping
demand and moderate country ofTerngs July sold
from SS4o to 4Oc and closed at 4Oc sellers Septsn
DER closed at 4o5sc- Local shipments were heavy
L4S10Oo bushels The inspection was SO ears with
l'lSo estimated for Tuesday The visible Increased
1000 bushels the local stock 35o5OoO bushels de-
creased lSS.Ooo bushels. There was an increase on
passage OF $4,000 bushels
Corn is rather neglected. he-a,s, ~, .,-..,,-d-
mary wheat activity.
oats gained &c, July closing at 2SGc: SeptemosF.
2Stc. There are crop complaints from the North
west. but crop conditions West and Southwest are
nigh. Brokers generally reported thu cash demand
SLOW to-day, but one shipper SOLD IS0Ooa bushels
Receipts are S26 cars with 80 estimated ar Tues
day The visible decreased ~. 900 bushels Clear
ances were 10000 bushels The Chicago stock In
creased 1900 bushels
Flax was strong. with prices up 2isc. September
81 SOB; October. 81 3Its The Northwest declares the
max losses have not been heavy far
PROVISIONS were firm. although there = COED
zeal or July liquidation and some widening OF the
July discount. TO-ntghTs close Is little higher on
September, bur little lower July Hogs were
IOc higher, with 1900 received. The sentiment Is
rather bulish, with the expectation OF hgher prices
in July.