New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-11-02
farming community improved and alo: IS better ara
| its results more satisfactory.
THE CHICAGO uARKErS STRONGER.
AN ADVANCE IN WHAT, CORN, PORK AND LARD
FUTURE SPECULATION.
IBr TELEGRAPH TO TIE TRrEUsE.l

CHICAGO. Nov. l.-Thcre is talk tonight on
the curb" Of grain failure at St. Louis and orders II Is
said, coming from that suburb 20 sell january wie@
at &C. Nobody to know whether in fact tAee h'S
been a failure. but everybody has tlS r1iho''
The "bulls /" sneer and the "bears" arc making
the most NJ r. Int prices on the curb are 2s Z cent
lower than they closed on the call" and with apparent
y lots of the property for sale at the reduction Inc
market opened this morning weak ut last hghtr pcrS'
principally because there was very little grain ior SAC
The feeling grew stronger and the figures went up lho
was an advance Of IL cents. Before night e cent Oh
this advance had been lost. The figures on u'e
"curb" tonight are l. cent higher than they Wefo
twenty-four hours ago November closed on the enfD
at 49, December at I7s January az %, May at 1889
Fraley the St Ions man, says that his own Town u
"bullish," but that he himself Is Deihlsh' "''
inclined to sell all advances At ST. LOUIS Ho
says there Il five times IA much wheat as lheie
was n wear ago. and IA rates are, II Is
the dearest place I'm the world 10 buy IT. local COM
mission man SAYS the situation In wheat is growing
worse The feeling however, Of the spectators is I'M
proving that Is, growing more "bullsh" his
was delivery day but 1t disclosed no secrets
Not much wheat went round. Nobody pr0fesseH'
however that tho 100000 bushels held here
controlled either in whole or part by any cirque WIN
designs on the market Professional carriers have the
property and are taking It along month after month
They are getting the good round carrying charges when
are paid 10y the who have not the means 10 take inc
grain pay for IT, and put the receipts In their safes bt
who are 80 sangune OF advance that they are Wiling
TO pay premium Of 2ie cents for the privilege OF betting
ON December rather than November wheat The COM
paravcy small deliveries to-day are to be accounted lor
by the fact that Eggleson and other carriers simply
renewed their lines. The fact that the carrying
charges for wheat large ia the principal argument
and indeed the principal weapon OF the bears hnou'
the pit Said "hcar" tonight: Know or no hu'I't'
whether INC buyng ~ wheat or Of stocks OF merchar-
die which eau succeed where ~ per ecu.
is EG iG What the wheat 09f G. are doing now
The majority o; them" There strength ~ nc aigmeni.
The only god answer 20 Il that be made by buyers Is
this: I'VE believe wheat has by conhinalon OF eAna
ordinary circumstances been depressed goOd dt OipH
We consequently feel safe in paying premium OF
even 2ie cents bu.hd for properly
thirty days as much ~ 10 cents a busheL" There was
little character 70 the speculation today 20 SUES,
TO-DAY and this fact more than ose the Inclination TO
sell which was general last night There were
less than half the recent daily receipts. There Is 10
night revival Of the talk over Tue lack Of demand Tor
dilnoyfion 10 sell vet as small receipts tomorrow "a
to-day will he pretty certain To sustain the market
ON the curb" as II wa on the call" November closed
at i7l2 Decnber At iG May At 4s Ihe small lo'ni
the visible supply and the falling OF of the receipts a are
Influences which ought TO steady te market ana pctnaPs
advance the uicr Their T. increased speculation IN
com and good prospect tEa there viii be an 70
Iut these views are a. rxtravagant ~ those " wheat
US e 1T MS y,TEr There wcrc 23 900 hocs AZ
the yards to-day. and prices w@e firm Products
of all kinds GeTr higher In price on Change
nork LILO cent. higher Lard and nbs
10 cent? higher The feeling IL slowly turning provi-
ions The packers who should all OF them tax beaIish
M this time ~ the year. whatever their real views
avowedly publish" az least some of them are.
Cudaly aud Stevens are believed 70 hc large
owners OF pork for January Armour, while he
gigcs no sign is thought be- II the opinion that the pro
duct Of r. all lower than II can probably b" manu-
factured luis winter Many commission housrs wait
Inc. Pow advising sales November pork sinpped at
$40 25lo January - All l1e November aud December
lard a. s. 22l2. Janua 81 33lo. November ribs AT
s. So January - o. The deliveries VI and
of corn were small.