Daily globe., 1882-09-30
HOG and HOMlNY.
Pork and Corn the Chief Features Of
the Chicago Market.
SOME ACTIVITY IN WHEAT.
A Fall Of Three Cents Recorded in the
Price Of Maize.
SLIGHT IMPROVEMENT IN PORK.
The Injunction Suits in Court Still
Undecided.
MARK THOMPSON'S UTTER RUIN.
The Shorts Fearful Of Corner in
November Wheat.
A Fall Of Three Cents Recorded in the
Price Of Maize.
SLIGHT IMPROVEMENT IN PORK.
The Injunction Suits in Court Still
Undecided.
MARK THOMPSON'S UTTER RUIN.
The Shorts Fearful Of Corner in
November Wheat.
CHICAGO.
ISnecial TELEGRAM to the Globe


CHICAGO, Sept. 29.-McGeoch's Septem-
ber wheat corner will not down. 1t con-
tinues to cause considerable anxiety to
those operators who have contracted to
deliver more grain than they are prepared
to- There were active buyers in this
market to-day, and there was a sharp
competition for offerings. Prices advanced
lie over the highest point reached
yesterday, and finally closed about cent
higher. Opening at $1.s4A, it touched
S1O6ll. and closed at S1.06. On call it
was a little easier, selling at $1.054@
1861. The advance was in the face of
very heavy arrivals, and the determined
resistance of the bears, the receipts be-
ing 72O car loads. The lugubrious
shorts are afraid the manipulators
will force prices up to S1.10 between now
and Monday noon, when deliveries on this
month close. The corner is not busted, by
any means. The dealing is all by the
shorts and the bull clique. Nearly every
thing delivered the past two days has gone
to McGeoch. Everingham & Co. Very
large settlements have been made, one
firm paying the difference on 100000 bush
els. Among the heavy buyers among the
shorts are Randall, Bell, IL Co., McCor-
mick, Adams & Co., John Dupee, Pulsifer
u Co.. the frst-named alone taking over a
quarter of a million bushels. Other OPP
tions sympathized in the rise, except Octo-
bsr. which was about 1sc lower and some
what weaker. November gained Nc, and
year about the same increase. Winter and
spring are active and higher. The bears
are grumbling about the
sLoWNEss OF THE ARRIVALS
of spring wheat, particularly from the
great northern belt, over the Chicago, Mil
waukee & st. Paul railroad, and the rea-
son is frequently asked. This same ques-
tion has been asked more than once. On
the occasion of other wheat deals, when
Milwaukee people were interested on the
bull side, it was limited that the st. Paul
road with its proprietors, most of them
Milwaukee men and often interested in
deals, and almost always on the bull side.
might possibly delay or discourage wheat
shipments. Suppose" said bear whose
temper because of successive defeats, has
become altogether soursd, "that long
train of spring wheat was shipped from
St. Paul TO arrive here on the last, or very
near the last day of the month, so that the
very top prices should be realized. What
is to prevent that train being delayed or
side-tracked so as to bring it here October
1st, instead of September 29th or 3Oth?
It is mighty strange that so little spring
wheat arrives here. September has been
a week. and yet receipts of wheat over the
st. Paul road have been small"
A good business was transacted in corn.
Trading was again quite active, and the
course of prices irregular. The
feeling was unsettled, and prices fluctuated
quite frequently. Foreign advices noted
steadier feeling. Our receipts were a trife
arger and shipments fair, the demand
chiefly on speculative account, though
fair shipping demand existed for high
mixed and rejected. Early in the day
prices ruled strong, and were advanced 14
11sc above closing figures on Change yes
terday, with October showing the most
strength. At this advance the orders to
sell were materially increased, and, under
liberal offerings, prices declined 25sc for
October, &c for November, and about 1 &c
for the year, fuctuated, and finally closed
about 1c lower, excepting for year, which
closed $8c lower than yesterday, and Japu-
ary and May closed about the same as
yesterday, when October broke off s214c,
it held firm and sold at the same figure
for some time, finally closing 5sc higher
for the latter future. To-day they closed
within an eighth. - It is rumored that
clique has got under November by selling
out cash and buying the former, and are
engineering the market. There was some
talk yesterday and to-day about
THE RIoKKR CoRN.
As intimated by the GLOBE some time
ago. the executor of this estate has an
nounced that he will, in accordance with
instructions from the court. re-
ceive and pay for all the corn
due on September sales. Some surmise
that batch of this corn will be put on
the market and sold Oct. l.. 1t was ru-
mored that some of this corn was offered
and sold yesterday. Whether this be true
or not, the market did not appear affected,
being strong, and parties who probably
know how much corn is held by the estate
say there is not enough of it to have a ma
terial influence on the market. They think
the talk which is revived every little while
that this lot of property is going to smash
the market to smithereens some day is got
ten up by shorts who want to see stam-
pede in prices. The effect of the delivery
and sale of this corn has
been anticipated, and the market
is prepared for it. Besides, corn is not in
the feverish state it was in a short time
ago, and the market can stand more than
it could.
Oats were quiet to-day, improving
slightly under small receipts, but lest when
corn declined.
Rlour ic sfaadi1v hold opd {bo rnarkaf Il