New-York tribune., 1883-06-05
DROP IN THE CHICAGO MARKETS.
PROVISION sPEcULAToRs WATCHING THE NICE Gil.
FOWLER CoNTEsT-wHEAT AND CORN LOWER.
lBY TELEGRAPH TO THE TRIBUNE.

lBf ItLEOhAfh ~ ihiDhNA"t
Chicago, June 4.-The MeGeoch-Fowler
lard controversy still the uppermost topic Of conyer-
sation on Change" The scotchman has technicallya
good deal shifted his position but has done he claims
simply in order strengthen his position when an in
vestgaion the charges is begun upon the merits For
instance accepted all the lard which he refused on
Friday to-day, and paid under protest for It, This no
claims he did purge himself OF any contempt OF
the re OF the Board which declares that certificate OK
the inspector cannot be gone ba TX on by party oa
trade Notice also sent TO the chairman OF the In
spection Committee by McGeoch announcing that tho
complaint which had been lodged with his committee re
rarding Fower's lard was withdrawn The notice ex-
planned that the complaint was withdrawn SIM
ply because it was understood that, under de-
cison OF former attorneys for the Board the coni-
mittee was not allowed TO hear testimony or to
make chemical analysis. After McGeoch had served
notice of this withdrawal the committee. which had IN
the morning gone to the stockyards simply diSbanhed
The withdrawal OF the complaint to the Inspection
Committee, however. was apparently only to make way
for another before the Board OF Directors In the aer
noon the scotchman filed with the secretary Of the Board
a complaint in which he alleged that Fowler Brothers
had offered him adulterated lard ON Board OF ilals
contract lie fharges too that their warehouse Is iu o
adulterated lard and that IN representing hisas prno
steam lard they are guilty OF dishonest conduct 10
stands ready he says prove all MS charges and ASK,
warehouses be declared irregular" -, -,
Provisions are thoroughly demoralzed by the scandal
barrel and lard $3.50 cents rer 100. The little spee
uators are also much bewildered by the quarrel when
has broken between the two great contestants a'o"S
the lard pit McGeoch and Fowler. that whethor on to
bull" side the hear they have fed from tae mar,
ket Fowler Brothers sellers again on great sca,
and declare that tomorrow and during the month iy
will put great deal OF their lard to the scoic-
man. How much they expect TO put they r.,
fuse TO say, the score that the statement woui
disclose their stock aud let out business secre'.
From their manner, however, u Is jagged tDht tn,J
have great quantity OF the stun In store McIeocn
estimate that there 10000 terces OF the Fowler
Ina
correct IL he sufficiently IN the conn1snnes,
the EDglishmans employees 10 get from heni III a m ,e,
as how the lard was made, he probaoy nau Nv 49,,
Guilty in drawing from them how many ue'ees ut, ~
were in store Tomorrow the complaint, which VIZ VIZ
lodged before the directors will come up ana ne nss
Will begin. =. s.,, and oorn n ii,
Wheat dropped cents bushe to-day ana I corn i;
nate selling by ali sorts OF persOns anu Tue absence OF
any kind support are account oe t9i ."o "l,
movement, Messrs W. ). Williams anu =. ". Miiier.
the leading members oil the Ne" tO.1 sJ luS.',
ia really under wheat and which VIII be potent mere "a
Ansnsf or sc scptember hand today Their pre'
enee may have had something TO 90 Win tee ofoak.
There Is good good reason Ss ar,,o1s for decline ~
tne flvres 10 sake tho ST. Louis crowd which has
picked up deal OF wheat within tue fortnight TO shako
out the local tailers, and for other speculative
as the broker only helped along the "bearsh' rad
early I'm the dag bat at night, when 2-cent dcciho
mad taken place be prominent buyer. June wboss
closed al 81 H. July at 81 l2s-2a2A cents lower tnaH
they closed Saturday night. "A
the big break In wheat. Eight hundred o,sa sa1
forty seven were buletned as iccened.
but this had apparently notling TO 10 asa WIN
the movement Of the market. The shipments wero
reported as 100000 bushels The drop, however. was
not nearly as precpltous as In wheat July coseu ~
573s cents-% cent under Saturday night