New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-06-13
THE CHICAGO MARKETS.
THE LARD Observation-Disclosures IN THE
WHEAT PIT.
IBY TELEGRAPH TO THE TRIBUSE.l


lBr TELEGRAPH TO THE TRIBUSE.l
CHICAGO O, June 12.-The prosecution in the
case against the Fowlers for adulterang their lard is
still piling ND its testimony.
To-day Professor Delafontaine, the expert who
testified yesterday to finding by analysis tallow
and cOttOn-seed oil in the samples furnished him,
was cross examined. The FOwlers. after submitting
his written statement to their chemist. said
that the statement of the Professors methods and
suits explicit enough and asked that he be di-
rected to amend It, He directed to do Joseph
NJ Hirsh testified the side TO finding abont
10 per cent Of tallow, and per cent
of cotOn-seed OIL Three employed in :he slaughter
house Fowlers said that it their custom to
wheel all the rmmings-the heads Of CATTLE tails and 80
on-up TO the lard aud to empty them into
the lard tanks II is said that Professors Doremus and
Stilwe of New York. have been retained by the Fow-
lers besides Drs HAYES aud Hatnes. OF this city
There is q New-Yorker, John Quincy Savage, on
Change every day who Is cutting a considerable
figure In grain speculation He represents 1t Is said
syndicate at New-York which recently has been very
successful His purchases large-sway up among
the million busheshat he is pretty narrowly watcaed
His principals said to be "long" good many
million bushels OF wheat for September bought at ABOUT
the present figure. The same principals were long
few weeks ago. but sold out ut the top and only took
hold again after the reaS.
"The markets dull aud uncertain now said
ditlonal June break Most OF them 'n, s IL
has not occurred. and are waitiug just AS
the public often waits for the equnoctial long after it
has passed The bulls hodlng on ,or TINS rsa
son or are short In expectation OF TINS june Dfea rhe
people who believe IN lower prices because they are
hears upon the situation, are OF course sellers snL
Are there no big lines OF long wheat heid tnen "
aYes. several very large lines, bat the owners ara
nernans belieyers in the June theory too and
ppot want 10 bull prices until il has happened"
There was little whirl IN the wheat pit tis noon that
IN Ave minutes carried up the prices 1Dli2c busne,
aud threw The shorts into panic.
Whaf was the cause it :" asked of commits
son man who stood IN the pit and Witnessed 10 all
% don't know There Is apparently no explanation
for n II came out OF clear sky, but created hte
alarm while IL lasted During It's progress everTbOy
seemed anxious buy, as II wheat again ~
mo Ia be 40 and the figures Did u Ac. NJ
inmn It subsided almost suddenly h made
Its appearance" July wheat which In twinkilrg
Jumped 1lz4 to 1i2A, dropped back 70 III aud
closed there. August closed at 1888 after having
touched i144. The receipts were fair again todal-t
cars OF wheat 745 Of and lS9 OF oats Ihoe was
nothing In she report OF stocks in Store 10 adyanos
prices. The official reports male to-day show stock 81
5,S30.S07 bushels OF wheat, an increase 0f lo'VVo
bushels and stock OF 3607037 bushes OF cora, alsoa
small increase Oats increased too. =.
Provisions rumbed again to-day pork dr,pp Jug I-21
l2lac barrel aud lard 109l2i3c per loD Tie ptin..
cpal reason apparently for The decline MAS tue reesS
at the yards OF 230O0 Logs, but II va
quantities through a broker named Aicock j hy am
closed at II:37i after having been c0NA rs 40" 40
ll:35. July PORK stopped al 1888.