New-York tribune., 1905-01-12
TRADE IN CHICAGO.

LBF TELEGRAPH TO THE TRIBUNEl
Chicago. gan 1.-THE wheat market to-day blew
,hsut ike sn unballasted boat in storm, and
- esreening from one side 10 the other. if
hs-ss # I'll control by the traders Of any opinion
an The market. The Nay price had range OF Nc
which il covered largely several times The market
was IN ore of its strong phases as the session
srsed ana left OF &c above where II stopped yes
ts-dsy Corn VAS dTm and comparatively quiet
showing e. the close Ilsc gain in May and 5.c in
july Oats acted irm for the most part and closed
Ftthou; noteworthy change. Provisions resisted the
vsskeninz influence Of a heavy run OF hogs and
lover prices for them and the market showed some
slight gam al the end
Wheat was weak for about FIVE minutes after the
opening ana then Il became apparent, when the
prices had declined Sc that there were orders in
the market u take the wheat Sellers. when they
saE the decline halt took alarm. and in competi-
ton with the bulls FOR limited offerings. they
soo1 had the price climbing al a lively gait. II
vss ths impression Al the time that buying orders
from Armour gave the price Receipts were small.
due part to the severely cod weather in the West
ard tie consequent GRIPPING Of The railway service
chicago received s cars, compared with - on the
corresponding day last year. Shipments from Chi
csgo we're s loi bushels. ore Of the liveest turns
n the msrke was just a. the session was ending.
When Msy which had been hanging around 81 l6ss.
took sudden start 10 81 l7s. May closed at 81 Il
to Is sfier selling as low as s. l6is- The highest
gisc 70 $3.50. closing at G+5sc.
The market for corn was quiet. and only slightly
active 81 odd times. The weather was again-t z. &c
movement Ol the grain either from the farms
aong tie railroads. Receipts were light Local
receipts were ls4 cars Of which 81 We're contract.
There were 5S050 bushels Of contract corr trans
ieFTeo from private houses. Shipments from Chi
ceeQ were 20 on bushels The estimate OF to-TnoF-
lgNs receipts was 228 cars. The highest Tor May
was 4sc. and the lowest 4Aisc 70 44tsc. The close
Nas q s4c 90 44s.C. July sold from 45isc to z5l.c
slQ see closing Al 95agc.
"A a tsiEly active trade was done in oats and at
hf opening The market was quiet. with down
saIa lenoencl On covering by local shorts later a
.Hihef feeling was aroused. and advance in
pIiets resulted. Receipts were 81 cars Of which q
tais were contract. and % the same grade IlOD0
olsles We're taken from the unlicensed elevators
rl'lnenls were i3s 90 bushels. Estimates for to-
nesToE, 3 cars. Futures closed steady 10 &c
.tnsi Nav closed al BIC. The highest WAS 5lSsc,
Sg & las lowest Gisc July sold from 3llsc TO 3li4o
s-l sl7sc. closing an 311sc
Hroy isiens fairly active early and prices
ls lover on free selling BY local bears. Later
e ~, oeSl CROWD became Gullish. and hid prices up.
, sileI ne trst hour trade vas dull May pork sold
~. - ~ and 81 50 10 81 - and So 521z. and
- - 70 - 5l-a May lard solo from IS s2is TO ts So
- % tne former price. au6 MAY ribs from s. 81 TO
-z enc = 81 back 10 IS -. Hog receipts today
n $3.50 se"@ head. and prices at the yards were sc to