New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-09-16
TRADE IN CHICAGO.
by Telegraph to The Tribure.I

BY
Chicago Sept. I5-Wheat firm to-day, and
exceedingly ouiet until within twenty minutes OF
the close and after that strong, with an excited
advance Of about 1c in the short time mentioned
The gains at the close were 1ac in September
wheat. I1sc in December and 1sc to &c IN May
The reason for the advance was Valentine, aided
by the previous overconidence of the short sellers
md their scared condition when they saw him
Kidding the price up toward the end of the session
Corn gained from &c 10 94c, oats from sc to SC
and provisions rounded out the list with sharp
advance In actual gain. However, rye outdls-
+anced all the other markets by a jump OF more
49,, - in 2 few minutes at the end. The Armour
esneraI also touched off the bomb under the rye
hat sent It slSyward Provisions were strong and
more active, and higher throughout wheat soIo
ar moderately higher prices all morning
The Improvement was largely in sympathy with
- .I,,vr,, in the Liverpool market which closed
"a higher. Light exports from Argentina and
o-o,+inI1ad good Continental demand for cargoes
,ara the causes given for the strength apEoad- Do
,,ast{c conditions presented no features that "e4e
Of i1nmendiate consequence IN Shaping values An
odvfcas agreed that the movement in the North
- o,,Td continue heavy for some time TO come
p,,+ all the wheat pouring into the MlhhedPoiis
market is meeting with spenold deIilaIiu' anu
tho No l Northern is selling at @a@72c over tiio
e,...bar rrfce and No. Northern at SEPTEMBER
price to 14c over. A feature u 'ile 80
was a quick advance in the corresponding price
-s,,1+ire from several houses bidding against one
.notber for the light offerings which were on 'ile
market at the time. c.
IT, market turned strong near the emo sep
~. cold from s07so S394c. closing at S844c'
December closed at S47s0' '
ard the lowest $3.50
E7Irctuations in corn were confined WITHIN &c III
-, -, ,art Of the day, the market opening nc
lie e. centenober. steady for new, but Ac TO
~" - for old December and sc up for May
. - ea,+en,ber futures advanced &c for new
- - for did. December. sc for new and &c for
- NJ. 1.c TO 2sc. Business was at stand
~, ta,-sr traders waiting for the bull leader
- eo,,+arbar 20 make move. September closed at
~ = - 20. the lowest was 53a4c. December sold
- a5a.c 10 46c. closing at the latter price
from - "a s+rong. and good general business
..aao+Ad Nearly everybody seemed 10 nave
was u ,o-, The only transactions on the SELL
puS ms ERE scattered liqudations Of lines bought
ING Slu - NJ The present bull movement the
1 - or which were taking profits December
cold from 2slsc up to 2@sc ana easeo OH 10 o72o 10
oS5Lc Nav sold from 2oi4c up 20 0V17c'
rrovisions ruled quiet, but nrm' Iraoe amer the
- -, 1as limited There was little disposition
90 coll as all the news tended toward me Outi sIoe
- ae some buying Of lard by the Cudahy
rcting Company and this sustained prices TOT tniS
i.- I'D purchases Of ribs amounting 10 $4,000
,,7ds nv n commission house prominent IN gram
- Tod level prices for that product Octo-
~ or sold from 81 50 10 81 80 10 sl4 eZs october
ue Ia For7 & s2lz TO 81 s.. and eased of to the
Sr,,,ar ,rice. October ribs opened at - %, up TO
~. me- sased of to the former price Hog
at+s we're a 900 and prices at the yards were sc
higher.