New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-22
TRADE IN CHICAGO.
Icy TELEGRAPH TO THE TRIBUNE

IBY TELEGRAPH TO THE TRTBUEEl
Chicago May A.-There was a very Indifferent
wheat trade to-day. with prices Up &C TO 1c for
the old list. May at Minneapolis and Duluth was
up 1c 10 &c. Minneapolis reported purchases Of
foOeooo bushels there by millers All the outside
markets We're up about much Chicago. There
were 10 cables. and the foreign markets
closed. There was ideal weather. and the West
has stopped talking about the crop conditions. Re
ceipts here ard West about as small as they
were ever known The feature Of the trade
quite general moderate buying for outside account
The local trade was sun wording for a reaction.
Australia shipped 900 bushels. compared with
Bs4 900 bushels last year. Northwest half
& many as last year sor the week. Wheat shows
advance FOR this week Of &c tG 10c, and II has
been throughout a OF covering by shorts with
occasional unsuccessful efforts by professionals
10 get q reaction. There buying by Bartlett
Frazier, Spencer. Denniston. Wade and Leland. and
By leading professionals here generally. The sell
Ing was small, and most Of Il the effort of
local longs get break The visible will decrease
10000 bushels Moi;day. and there VIII be worlds
shipments OF $4,000 bushels and a considerable
decrease on passage-Over 100000 bushels
Corn prices closed about where they did last
night. though cash corn neglected and lc to &c
lower The vessel strike and tie Increased West
eTn offerings affected prices and there was no sup
port Internationally Armour Is working for lower
prices, trying 20 get the market on a legitimate
BASIS Stocks here this week VIII decrease about
10000 bushels. There a little selling by urcfes-
Eionals FaraUa and others PrinFle was the hest
buyer. There is every sign that Armour is workinr,
fer lower prices temporarily. and there is ever,
prospect that when shipments become very large
ara the situation altogether wholesome, Armour
VIII change his position and 80 after some of that
money which be lost last trocth. Estimates for
Monday are seventy-tWo cars. Reccigts to-day
were II cars. Western corn markets Kansas CITY
Omaha sl.d 81 Louis. ere about @ higher though
without stocks. aGd most OF them under the bun
eoEtroi of JaeGuith. Farmer I'm the Peavey con
cern, anc one OF tho best known men in TIE west
trade.
outside oats markets about &c hIsher tha,
Chicago everywhere. At Kansas City ST Louis
rna Omaha stocks are the smallest possible less
than 5000 bushels czech. Some big interest con-
rois Tho markets IN al. places. aud receipts arc
everywhere tie smallest ever kEown Patton IS
supposed 10 own al The c2sh cats here and an
I--eatly De has I'd My bought. but It IS almost
ioeoEceirsbis tsat Pafton should have more or less
May bought ana El-e the price something Of !
s2aseze Tor tie stock CT standard oats viii be
down Saturday 90 B99cO bushels. and Il viii he n
gone by the sad CT tie week. The point IS yhether
there Is any snort interest
IaSkers continue 10 sell ard, and this made PORK
There we're 1000 hogs, ano prices were stead,
mere were 3Gj.ese hogs Western points Cor III,
week, compared with $4,000 last year and a 10