New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-11-17
THE CHICAGO PRODUCE MARKETS.
UNCERTAINTY AS TO PRoVIsIoNs--THE WHEAT AND
TDA M
lBY TELEGRAPH To THE TRIBUNE.l

CORN TRADE DULL.
lBY TELEGRAPH TO THE TgrBUSE.l
CHICAGO, Nov. 16.-FOrty thousand barrels
Of February pork bought by B. p Hutchinson to-
day. Provisions advanced little in consequence. It
were that there such general dread OF the manpu
lation Of the market by the packers during the
thirty days. there would be good deal OF buying OF pork
lard and ribs. They cheap In the estimation OF
traders hereabous Pork especially which has had sub
stanally rally since its downward movement after
the McGeoch failure is pronounced good purchase but
everybody hereabOus too comedies that there s this
but the packers still the midst Of the struggle with
the stubborn farmers the price Of hogs, and nobody
knows what they will resort to if live hogs cannot be
bought as low as cents. They may A" raid " pork.
They've done this very thing before.
The purchase to-day by Hutch" rather reyives con
dence which dropping Although he is half owner OF
of the largest packing houses here he il not identified
with Armour, Fowler and the other manipulatoTs
Perhaps" IL is argued, with Hutchinson big holder
and believer In pork, raid pork simply 10 lower
hogs might not be profitable" Thirteen dollars is tho
figure which puts pork for January in his
versations with friends
The wheat pit is losing little OF its interest, appar
entity outsiders who get very cheap,
who did not sell out awhile have not made money
Outsiders appear 10 be dropping out. To-day IL was
little other than spirited betting match between local
scalpers 1t is believed that the large purchases Of
wheat, recently made by the firms Of Swartz Dupee
and Lester Co., are for the account Of NewYOrker
Jack" surgess customers probably. While prices keep
up pretty stubbonly it begins to look if the bears"
were getting little the best OF the fight The decrease
in the visible supply this weekand this is called in
question today-was the first bit of news received in
months which has not been a "bear" argument.
Some OF the commission men, who became bull con-
Yers fortnight abandoning their new fath al
ready. Some old Z" bulls" who have been such through
good and bad report and with great lose TO themselves
are losing their grip
The cold snap has temporarily put a stop to shipments
It begins to look indeed, If navigation permanent
ly closed The continuance of this weather for another
week will certainly the permanent close OF navga-
ton There has not been week Tor
months when the stock Of wheat here did not
show an increase Holders feeling a
bulls" f they could he, beginning 10 preach that
whatever improvement there is in wheat will be because
OF improved conditions abroad that the Chicago market
will need follow slowly II goes up At all the little
improvement I'm the demand at Liverpool The feeling
tonight Is weak. The range for the day only p cent,
but the closing prices the bottom November
closed at 75 cents December at 962 cents January at
97l2 cents May l04a These figures were i2a cent
under those OF twenty-four hours ago.
Better cable news perhaps very much smaller receipts,
might cause advance tomorrow. Ii will however AZ
II appears need all sorts OF accidents to10row
10 prevent little decline. Mathews the Cncinnatlan,
who giving out a. much brokerage now Handy used
to- saws look for long OF dulness In wheat
with fluctuations The stocks are against an adj
vance The prices against a decline"
In the of fluctuations was less than y cent
The pit without incident Prices closed Is cent lower
than last night.