New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-08-15
PROVISIONS AND GRAIN sYMPATBIzE IN PRICE WITH
THE PRICE OF RAILWAY SECURITIES
lBY TELEGRAPH To THE TRIBUNE.l

lBY TELEGRAPH To THE TRIBuSE.i
CHICAGO, Aug. 14.-This market still con-
tpues entirely under the influence Of the New-fork
stock Exchange. The offices wherein posted the
stock fluctuations were crowded all day Grain and hog
product opened higher because the one hours eeway
Chicago has over NewYork gave operators time TO hnd
ont that stocks were TO recover some. As railroad
securities recovered little OF the loss suffered OF tate
wheat corn lard and pork became strong La tue ater
noon however. when Western Union began TO drop whoe
popts the OF the day vanished Inc
morning cables had announced bad weather and higher
wheat aboard but when Western Union dropped 10 ~ H.
wheat on alley ut after the cose OF the regular
Roard, dropped y cent, nearly much and pork
and lar and rbs 500 cents The receipts were posted
and gazed at and commented upon az usual Dut they
I" cut no figure"
There were over 900 cars Of received, put when
early In the day stocks began going up at New YORK no
one mentioned the big receipts reason why anyDoly
should sell The receipts Of wheat were larger
too but they were not gwen as reason why
the figures ought not TO advance Railroad
stocks went mp and then so did produce. The STOCK
Exchange bears" again got the upper hanu'
"a appeared to anxious watchers here, and then tue
local produce bears made another raid and swept
things before tnem II professional and amateur Specu-
aors the country were not engrossed ny lhe peru
which railroad securities IN there would very GER
tauly be a good deal OF money bet now on gram ana
provisions Corn is not half maured, ana oil carry roSV
would half ruin the crop. Tine weather In the west Is
caoL What better game does Spectator want to put
mis- money H. frost frost, higher prices OF lower
IL ia az simple as betting on color.
The cable dispatches from England were Z" buliish "
to-day The Mark Lane Express summary or the wheat
situation especially Private cables, 100 SAID thaI
the weather abroad bad and prices higher' "heh
the Western Union drop over the tckeFs however
nobody Thought OF these cables. Ihero IL very htue
doub the Kent crowd sold tne most II not all oil
sucb nm W "a
the legitimate situation are devoutly thankful. Inc
Ken holdng was In their opinion, menace TO the mar
ket IL was bound on the market III Douy' Inc
fact that 80 great quantity was awaiting safe was
peril to the shippers and the small Try "Dns Ihere
was a onccsson In the freight rates to-day OF 4
cent and also for first time III ten daysan abundance
% vessel room. The engagements were Tor
az 600 ushes OF wheat and 100000 bushels OF corn.
Ke,shaw SAYS that with further financial disturb
ances be looks for advance in wheat, ms yesr =
than the present He feels pretty certain that Kent
has dunn ped his load "PhP Armour, u Is Dcneved.
charged ns brokers to-day, but continued 10 sen PORK
throngh Mccormick, Adams u Co. and some other new
agents The proysion pit Just as the gram PIT v was
end OF the tape The news Of balous Inre sent
u down gaSeg revival sent it boo@hs rom
Dick and Harry" aud ali the friends whom
they conn ss npiurn began they wanted IT back
aud SO badly that the buying IN ot "snor's inaue
IKE recsipls Of nogs continue light compared with
week ar more ago, The quality poorer aud the price
cbraoer Armour, II IL safe to say, Is stll P0klhg
around for bottom. and Ia not going TO stop nnt ne Is
however 10 publish the discovery. The public Will not
Know anything about 1t until the pig packer
is loaded Pork for september ciossa on tns r e
board az Sl2 49, october at l2 80 rue iast ngaes
alley about these esptam,pel III az Sa,snhar
RIBS al Is so August wheat closed at III OF y septem
Der at 81 o. and OCTOBER AZ u 20 AuEus ,.a so,
low cred considerably the "eurb inmsdsIey ser
ne close bnt were about the ones which were rung
wbon cvervbody stopped and went home. Lester was
In the morning great buyer but 10 the AFTERNOON Tas
as big a seller The arguments IN the mcoeoon'fo"iei
lard case we're began this sftsrnos1