New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-01
THE TRADE IN CHICAGO.

o,-o Ian q (speciaD-There was a queer
,bsat experience to-day in this market much OF II
--s,z Ground an alleged London cable dispatch.
,rHich suddenly advanced prices in that market Id
- Genital and which disturbed shorts here, but
-bi.b was finally corrected so as 10 wipe out all
-, -s.e,5ed advance. The error created quite an
-,,sr,ent and lost some Of the professionals
soo5 deal Of money. Wheat opened rather firm,
fecarse public cables announced Italy hal or
zsrs5 q quarantine against Argentine ports. New
cszes OF the plague were announced from Rosario.
I5ar5s Was weak of equivalent TO 2d1A a bushel,
sna LIVERPOOL was I'd TO 24d lower. London showed
a decline az the opening. but about Il o'clock the
Board OF Trade posted q London cable dispatch
from Broomhal showing q sudden advance of
about ID Per Genital. AS Liverpool and Paris were
both lower. there was some incredibly When,
however tie closing Broomhan London came stiIl
higher the sceptics gave UP. and there was a rush
by 81 classes 20 buy wheat The secret was out,
however about noon, when the London sender OF
the dispatch made a correction showing that Lon
don wheat was lower as well as the Liverpool and
Paris. The rush 10 buy was turned into rush to
sell and the market slipped OF SC In spite OF this
eiscouraging early experience the wheat market in
the last haf hour became strong. recovered the de.
cline made or the London disappointment, and
ciased Al ABOUT the top prices of the day, nc sc
over Tuesday May opened at 6oc 10 oot4c, SOLO De-
fTeen CSC and 67lc and closed at 6sIsG6Sl4c; July
ciosed al eg7sc. The seab0ard reported better ex
port demand. with 20 loads sold Shipping sales
here were 5000 bushels: clearances were only 49,
600 bushels The crowd thought there was buying
both By Linn and Cudahy-
Corr did not quite hold its own, the last prices
re 10 &c under Tuesday May sold at 32e&gS27sc
snd AZ q3easc and closed at 32ssgS2S4c; January
closed az Bose; July 234 q3SSsc. The country sold
corn freely, and this on the purchases by ele-
vators 10 arrive being put high 100000 bush
els The eastbound roads ordered the cut rates
restored 10 tariff on February 10 This was almost
as much against the market as the big country
selling Liverpool was I'D TO I'd lower; clearances
enr 24- 900 bushels. Receipts were AZ cars the es-
tinats for Tomorrow $50: samples were Ac lower.
Cudahy was q buyer OF futures.
oats closed Z shade under Tuesday, the entire
range only nc May closed al 234c; July 21sQ2214c
Receipts were 1s5 cars. with 40 estimated for
Thursday The restoration Of sastbound rail rates
FEBRUARY 70 viii count against oats Western Of
ferlngs are increasing some. The country is sup
posed TO be long.
Flaxseed was firm with prices &c higher; May,
& 6: cash q S. At the three points there were q
cars received. against II last year.
Provisions were dull but firm, the close at little
advance over Tuesday all around; pork, lard and
ribs 2lzc 10 sc over Tuesday. May pork closed at
so Ga May lard s. 90 May ribs, s. T5 There were
DRY s. O0 hogs with prices trife higher, and only
69R9 nogs West against $500 last year Cash
sales OF hams were reported over 100000 pounds
There was not much feature 70 the speculative
market, but the shipping demand was declared ex-
cellent.