New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-28
TRADE IN CHICAGO.

Inv TFIE
r-,t.oso March z7-wheat had an up and down
.,a .oa5av that made the bulk of the scalpers as
sick as IL they had been on a heaving vessel In
the end any of them who had long wheat thre" II
m II was not entirely case OF me weather' al
though that had most to do with It. Receipts were
too liberal TO suggest exhaustion Of the old crop
The decline at the close was 7sc each in May and
July and nc in September. Corn suffered a little
from the troubles of its neighbor and closed go
lower Oats lost sac for May and Ac for July
Provisions showed 21sc improvement IN pork ana
no change in lard and ribs at the close
In the domestic wheat situation. in addition TO
the unexeeptionable weather. the receipts were too
liberal to provoke bullishness, although IN the
Northwest the number of cars arrived was not as
heavy as either a week or a year ago. Chicago
received 80 cars against 9 cars a year ago. There
was slight advance after the opening. which was
followed by more protracted decline, which took
July wheat Ic below Saturdays closing figures
May sold from 81 1914 down TO 81 l2 closing at the
latter price July closed at s9Tsc TO Soc The high
est was s0zsc and the lowest S92c.
The market for affected unfavorably at
the opening by the unchanged character of the
weather and local receipts, that exceeded the esti
mate by nearly 100 The number inspected
GAG. and another bearish feature of the arrivals
was that 81 ears graded contract. Shipments hence
were 1s4 900 bushels. Local stocks decreased to a
slight extent. Estimate OF to-morrow's local
ceipts was 347 Country acceptances were next
to nothing. Decline in wheat in the middle Of the
session caused corn TO lose about &c. but at the
decline offerings became very small The range Of
May was from 4slzc TO 1880. closing at 1850 TO
SAC July sold from zsc 70 1870 down TO 4s5sc
4s7zc. closing at 4ss4f
Oats were active and large business trans
acted A bear raid made the market soon
after the opening. May sold from sOssc down TO
zoe where a reaction occurred in covering shorts,
price OF May reacting 10 Sozc about midday. There
was some selling OF July and buying OF September
On a small scale. Local stocks showed increase
of $4,000 bushels. making total OF 900 bush
els Receipt were 3l9 cars, OF which "a cars were
contract, and OF the same grade 1900 bushels were
taken from unlicensed elevators. Estimates for
morrow "a cars May closed at Solsc, after selling
as high as cpAs The lowest Doc. July sold from
sJa6c down 70 30c, closing ar So1ze.
Provisions were practically controlled by
man The local crowd gold freely at the outset,
IS they were inclined feel bearish on the sc de-
cline IA hogs and the increase in receipts OF hogs
but the decline was speedily checked by the
r1dahys buying all the ribs offered and later bull
ing lard Trade was fairly active May pork sold
ss og,1 May lard sold from 1874 up 71715. and
Univ sold from 81 Hsz 70 81 s2sa 70 81 30, and eased
ofT To 81 - May ribs sold from Sc IS 10 81 Oh and
essed OF TO ST. and July from 81 l5 up TO 81 1874
~ 81 20 Hog receipts Il 900 head. and prices
at the yards were &c lower