New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-09-16
CHICAGO MARKET.

LOWER PRICES AT CHICAGo-wHEAr, CORR, PoRg
AND LARD DRoP-DIsCoURAGED TRADERS. Z.
lBY TELEGRAPH TO THE Tribunal
Chicago. Sep. 1j.-The cool weather pre-.
dlcted last night did not make It's appearance ths
morning. The red and scorching aod the air
dry and dusty. The lr1ct prophets much ia
the wrong AS the weather prophets. Higher prices IN
gram were predicted upon the promise OF cool weather
There was none the latter, and prices weat down
Wheat and tonight 1ia cents per 5ashe lower
than last might. PORK Is IS cents per barrel
lard 10 and ribs 173 cents per hundred pounds
lower There are speculative options in wheat now
under % cents September closed tonight al 93 cents
AID October at 95as cents Three months ago t would
Lave Oeen hard 10 ind trader IN this market VINO woad
not have been willing 10 pay handsomely for the pnys
lego OF taking any amount OF wheat at these nsifes
even a few weeks ago % cents was under the nghre
OF the most radical OF the "bear+" Vow al
the bulls say for the Immediate
future IL that the price will decline. The bears
have lowered their figures some OF them TO - cea.'
Even tue popular figure however, is 80 cents for the
October option AS the price of this grin declines as
movement OF 1t becomes little more M
ural. The shipments are increasing. The Waess
not all staying here but tie receipts still greaiy
exceed the shipments The latter for tDe week Wero
5000 900 bushels. while over l,OOOOJ0 bushels were ie
ceyed The big traders who were on the bul slde aD
depressed and discouraged. sid Kent AM Lindo'on
met to-day aud tried to look goOdnatured. but eoay
cheering thing TO think Of evidently was THAI they hai
both been wrong together Armour sara to-iay' ""eA
asked 30 talk about the situation don't want oso
on record I am ashamed OF my record Even "oa
uutchD refuses 20 talk he has been blllng ocecoee
lard and t has dropped 81 so per fierce inside oil wees
The "scaloers are the lords OF produce nov. In
Holmes for instance bought, 1t Is said, l,-y%vw
bushels OF wheat to-day az low ngure Sh, ssii
ano.her "a pr sold him 100000 bushels Tue masass
ID being llped" almost altogether Inc 'eas acS-
Armour Kent Hutchinson, LindDl0h anu sep liz,
ara cutting no hgure. Mctieocn, 10 Is said y o ~
wheat "Tne old man. says LindDlom, WI
rnnning another corner before the ms ME-
half recoyers from wat it lost III" n
sentember eorn closed last night NJ oos shs, az
stopped this afternoon at 1914 cents oas,. . rse
sha same figure aud November at 4sos cehls' , -.
receints are disappointment to the pulls Iasr O0
6osheis were received aud 100000 were sopP es
IT "a now In this market If there had been ~ ara
Iast week The sellers o. produce are aenans M "a non
fnll OF money aud laugh ut frost ana aron oats
ehaIantly as they do at Duyers. VENT
dronned OF Il cent to-day. tney .rs sss
ont tns week faster than they were receveu. eosed
drained under cents October and sssd for
M 81 92la Pork h On its way 70 Tlo Ii, tee same
these two months at so S2i2 RIOS are sox1o NIL Ar
road. September and 0ctooer closed az 30 fort-
mour's name has been given on no cootr5c' ,radlng
n0ht or So in tue PIT, Dtl az IA often
Everybody wants to know the reason iVr he least
The case that when Armour appears 70 DC uV5 me case
he ia doing the most THIS is nOt 0enc'ea nrf and 10
now Hcis thought 10 be "shOrt on ne mar , weight
he holding alooi until prices drop OF tBer tlas
When pork is - ANA Lard under ~, IL 10 'S
his brokers will have plenty 10 90.