New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-11-10
FEATURES or THE CHICAGO MARKETS.
A DECLINE IN WHEAT AND WORCESTERSHIRE
ADVANCE II CORN.
lBY TELEGRAPH TO THE TRIBUNE

lBY TELEGRAPH TO THE TRIBUSE
CHICAGO, Nov. 9.-Wheat tonight is all tho
way L s cents per bushe lower now than last
night 1t would be hard work for industrious
person to find along Washington LaSae SITS. bull
ishly inclined person. An Outspoken bull is not 20 DO
found anywhere within walking distance OF the Board OF
Trnde The railroad men are talking bigger receipts;
arc the elevator propretOrs Mr. Gault predicts, with
fair weather. there will be 500 Of wheat In
here day Hiram Wheeler, who operates quarter Of
all the elevator room in town, talks in tho same way.
Mr. Orr of Irwin Orr g. Co.. says: 81 learn from good
authority that the receipts Of wheat at the different
ceving points Great Britain last week were very largo
"a good deal in excess Of the requirements. From another
very good authority learn that large quantity of Rus
sian wheat will be offered III England next week. Tho
people who have facilities Tor getting the supply and de
mand feeling in advance of the public talking bear
ishiy'"
wheat on the call closed at 90 for November, 975 for
December, 0S4 for January and 81 OBS for May The
feeling on the call strong aud although the figures
were no higher the buyers willing to give what tho
sellers asked. Larger receipts OF wheat 600 cars on
weak cable news had something to do with tOdays de-
cline. The closing prices the lowest OF the day.
OF tho cent bulge" OF last week. 2025
cents have now been knocked Oh. More
than this the local crowd which had from being al
most unanimously bearish been scared into being al
most unanimously "buish" Is now more radical in its
belief in low prices than There are as many Iro-
phesyng 50 wheat here tonight there three
weeks ago With wheat coming in than is going out
by many thousand bushels with promise by the railroad
and elevator propetOrs of bigger receipts aud with win
ter approaching when the lakes will be closed tt appears
risky TO talk "bulish" wheat; yet the best people
here are doing IT, Speculation is increasing in the wheat
pit
ssCorn Is 10 cent higher this afternoon than last night
There was a small trade, but very firm feeling IN it,
The purchases which being made for the near
months are creating little suspicion. Tho purchases
OF Messrs swartz & Dupee during the last three
days for the month of December are sad
TO reach 5000 900 bushels With Lyon IN possession Ok
all the cash corn and perhaps option contracts Tor mlc
more, and with other concerns holding millions o.
bushels the next MONTH II Is not unnatural mat az
the shorts should be anxious To escape "a qel an
quickly as possible. November corn stopped az AJAb
December at 49, May at 81. 49,
Provisions little lower, but very little consider
ing the number hogs at the yards S,OOO Tie pack
ers have IL il said, In the country buy my hogs asa
shippng them in The design 10 create gut 50 A. 20
break prices OF the $4,000 on hand to-day $1,000 TO
left over from yesterday Prices OF live hogs broke ~
a is cents further break is looked for tu-nor Nv.
lust now and for week two, holders OF prOHisl0as
will be severely strained, bus substantial advance uH
matey is predicted.