New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-10-04
Fluctuations IN cmcAGo MARKETS.
EFFECTS OF A WRONG TRANSLATION OF 4 CABLE
DISPATCH.
my TELEGRAPH 10 fUE TNInuNn.I

CHICAGO, Oct 3.-First strong and then
weak describes hr course OF the Produce markets
day. Wheat for November went Up o. f. and for Dos
ccmDcr lOO4 Before night, however, most OF an" dd
vance had disappeared This morning the employees of
the Board posted the Bccrbonm cable that IL read that
the weather IN England aud stormy and winter
W heat l shilling pence higher 80 considerable ad
in England naturally made the party 70" higher
prices here cIuberau and the bears" l,te .css dis
posed to sell. The private cables, however. an tod
different story, saying that the advance was only
pence in winter wheat.
so great q discrepancy led 70 an inquiry md r. YVES
discovered upon Investigation the person 10 The
Board Ol Trade SccrctaTys Office, who had made the
translation OF BecrDoums Uipncr bad made an error
had put the advance smiling much. The
was corrected, but g. created Att., comment II
was ior awhile REGARDED smEgl.r. Tile probability,
however, Is that 10 was simply al error made through
the c2rclyssncss Of the clerk It is altogether
likely that there any motive In IT, bat the incident
WAS Illustration Of the way 10 which ho occurrences
sometimes considerably affect the course OF p"cubron
The tho translation OF the caDo the ouy
circumstance which tended 70 advance the market az The
opening. The French news which had appeared lu tA,
morning papers under howcry head lines Set the crowd
to taking about for ign disturbanC--and foreign dis
uIbauces just thing tina the wheat "bus dote
upon.
The movement Of wheat ont did not improve to,day,
and now pretty certain that there viii DC large
increase the STOCK AZ INC Ol the week Only H.
600 bushels OF wheat shipped less than OUcDur,h
Of the amount received. The fecug tonight il bear.
isn one although pu,s and calls selling
close 20 the market that evident thai the crowd
the curb pretty evenly divided IN IT'S opinions Of
to. morrpv's action. Some OF the Signs which fort
mcgt IN Inc price OF wheat have disappclrcd For
instance the receipts have not fallen on as they Dd far
creased they promised TO- su! the brst houses
even if "Dcarsh" arc not advising their customers 10
customers whom th.V KNOW nave patience AMI money
The COusrrv alive traders containing th'm-rlyc,
nowadays win attemplIgto cal the turn for day.
and advising customers merely to scalp the mtkoL
Tuis Is the iecilug Of tIe traders IN wheat
The Corn crowd is composed OF nine radical operators.
In this PIT there arc prophets w.o predict ten cent
advance. and others VINO promise ten cent decline.
The receivers appear 10 d-ure win the "buu-.' TIC
sclpcrs especially tine provision -cAprrs, ranged
with the "Dears." riuEcF Jones ana the others VINO
There appears 20 be los OF corn rft, Tor b. comes
In at great rate. There nearly har million
There is no fear mere OF any uani,n!t'ion ON h grain
although private dispatches from Ncw-l0rk advise
.'t and Iver every 7r1y,It, f"i,r h,r. and each
car contains nearly 900 bushels, The local crowd
The e"rpD Iheiodn- i'm h@ country 10 not a,ar
to Dc decreasing much, either IN The wheat or corn
y.acS closed at night sGas cent above last nj hr.
figures; October al SO cents November 90 O7l9 Cents
December 93ai ems. Com Chased ia y cent ONor
than last uign's october ~ ISIS cents November al
47I2 cents. The figures on the euro we're the same.
Proy-IIus for OlD5ar are tonight tuhc higher than
I,sf ughi pork ~ cents lurc cru's, ribs 10 cents
M ontI0ua other DIAN October, all showed decline
oI tly WENT tour AOu.a--d dct which makes u very
main that already there * natural or an
arI GciH .aurrZa on October product Inc trade I'm
PROVISIONS Il very small Only 800 barrels oi pork and
100 900 pounds OF rlD5 chan cd hands on the call Wo
tie sales uct and c"ru aggregated 0GD,OOJ bu-h-
rIa nm eve ry body settling down 10 the conviction
fLai the rios aud pork arc in ArmOIr's pur-cs-
slJn ana that there Is shortage enough ouJ
~ crpa.e stampede. October lard closed az
~ So; Novrnh.r al - G2l2; October pork a. SO %
C.tnnrr ribs aJ %. EUa advancing fnstyIs han
ne Of ucr producJ while there may b. differ
enc. OF opinion 20 E'rr inc pork ia. there
VINO pr.lcud- thai the snort ribs do not lie in PM
ArmOUr's cellars,