New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-10-06
PORK ADVANCES 50 CENTS BARREL-WHEAT
Slightly LOWER.

PORK ADVANCES 50 CENTS BARREL-WhEAI
Slightly LOWER
lBY TELEGRAPH TRIBUSE.l
CHICAGO, Oct 5.-POrk to-day for October
ADVANCED 80 cents barrel The more distant options
were only feebly affected, but whichever one OF them
moved al all moved up Lard advanced nearly 4 OF
cent per Volud ribs nearly another cent per pouuu
The scramble OF the "sHOrts less formal ana
scli-pOsseased than yesterday They started III gOou
order to OIy just they did yesterday, but first one
became alarmed then another and IN very SNORT ume
the whole mob in disorder Yesterday the
"hors directed their almost solely to covering
ID r contracts short ribs for October. Iouay the
men VINO had sold pork that they did not have lost their
heads, and did the other men who had sofa Iaru
bs advanced 90 cents per hundred pounds yesterday
They went ny 40 cents more to-day. That makes an
advance Of per pound in two days, nearly cents
advance in a fortnight 1t counts III market where a
speculaor considers himself nobody If he does not sell
a million pounds Of RIBS at clip
Last nj hit pork October closed at SO 50; tonight
every body wants it at $I1 32l2 Even November pork
i, 70 cents per barrel higher because all at once the
sellers nave thought tlat pcrlaps, in selling hundreds
OF thousands OF barrels Of pork for future delivery
which they old not have, and which they have no iaci-
lies for making, they nave been a little reckless.
October rios closed tonight al 500, AFTER
having touched 81 10 A few days ago Il
was only the radicals were talking - Tor october
This figure ha5 been passed. The radicals have au-
tNPlG cure. 10 - lNCl INC NohNGi
tgi. 81 90. Lard for Oatooer 81 81 =; tonight
il srrOn- al So lj after having touched - 30 and the
shorts are dropping into the offices OF the EngAsEmen
Who have got the cash property, suing FOR settle
mcnts There no difference Of opinion as 10 tho Hu'-
ton Tor October. Armour everybody admits has The
,lor. sellers "cornrrcd" There Is escape tor them
Hal OF them are attempting to osctpe.
The market to-day was rushed mp by the "sAotS them
selves Armour never touched II except when seemed
10 far II re Is undoubtedly large "shOria-c ol
pork OF lard and oiros Their IL believed also 10 be
considerable shortage" out III October pork some
settlements are being made good many by the E"sh'h
crowd with their lard "shUr-.' This docs not a. al
break the "corner" Nc cash lard is released. IAc
contracts Of the sellers arc simply cancelled
upon payment Of the market differences. The
lard is all locked up In the bank yaIts.
UcFarlauc * Company say that they know OF lOOOJ
,rrcrs yf lard winch will sent here from across tIr
water. There provision squeeze Ne,' no"
ever In which iu,t remark naupuNitS were NOT
promised. October pork closed al qll J-2i NONrnnI
at $40 20. October ard az - 10; NONrm 'ct AT %
| October rib, ~ - O1; November az 20 10 wheat
or upsd MALI a cent to-day IucFe were luIlhtf re
norris oi failures trade abroad and besides u
Is believed that tue Louis crowd headed oy IIdlcY,
which controls considerable wheat, mas begun 10 sci.
| Tue range uf huctuatiOu was however, narrow Inc
local sc4lpers" still Tu1nS the market aud the
feeling here somewhat oppressed On the cali the
| feeling was prcrry firm. october stopped al Doc
| November al 9O5sr. December nj 9-hs Corn vas u
IrIfs strengthened by the advance PROVISIONS aud
closed ia a.. bstler than ycstrrudy Tie shipments
ere liberal 355 900 bushels; nearly a. large aS the
recelpls Oats were firm practically uAcuaDg Ci.
| McGeOcn's tirm WAS buying wheat to-day