New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-10-23
Ay4Dr4YCE ~ CHICAGO MARKETS.
PRICES A LITTLE HIGHER, BUT THE TRADING SMALL
AND WITHOUT SPECIAL INCIDENT.
by TELEGRAPH TO THE TRBUNE.l


CucAGo. Oct. 22.-Wheat is higher tonight
than on Saturday and in spite OF big receipts so that
1bere ought to he something of interest in the SITUATION
Yet there Is not hardly expected thar there wo
lie rally to-day. The bad weather precipltaeu IT, i"e
were soIne scared shorts" and these helped alohg
Int the trading was small The orders came IIo'h ioo
operators almost altogether. Wall Street sun
The attention of the big spectators II stocks had mol
been moving UP and down 50 erTatcaly II wheat hau
had only half chance with the people VINO occasionally
tabble In it, to-day on Change WouId nave
boen a big one, and the figures would have
,umned FIVE points instead of one. As it
was the entire trading of the day was done by very few
neople The people who had allowed their "short" CON
tracts 10 remain open Sunday were permitted 10
cover at their leisure. There was little incOnsequenua
salung at night The "shorts" who had found covering
such an easy matter in the morning put out other nes
and then the figures, which had been pretty firm yielded
n trife. The day an exceedingly uneVenuul one
Wheat at night closed a higher than Saturdays
figures but with the feeling Just little bit weak Nobody
emf much of figure November wheat closed at OF Is,
December at $685. May lO1l2 The prices on the curb
were Just shade below these but not full Is cent
Both corn and wheat were considerably under tine IN
fuence of provisions to-day. The October deal doomed
up again. Lard for this month went up TO So ribs to
SO 20 pork SO TO- II is said that some of the local
OPERATORS believing that the October squeeze which de-
veoped itself a fortnight ago had "petered'' sold
short this month They especially sold lard Ihey
lard To deliver. There will be corner no penalty to
pay but they have sold high figure and have antci-
pated a handsome profit. The buyers Will, when they
do not receive the lard, "scratch" their
trades. They have this privilege. The Englshmen
who took this lard September and paid for it, ana who
have now, will they say, deliver this month
They suffered loss il, but their loss does not
equal the profit they made by bearing 1t when Nc
Geocb was running his corner. The commission men
claim that this clique, which belongs in Liverpool made
81 100000 bear" side OF lard. II covered and
went long" too soon, but has, IL Is said still not less
than 100000 Of its winnings untouched.
Ribs October Il cent per pound higher than ON
last Saturday; November RIBS and the sellers VINO
thought that October shortage had all been cleaned
up are utterly amazed again. The advance in the
November option fcyiyes the story that Armour VIII
really squeeze November and that the advance In OctO
her not part programme, but the unavoidable
suits efforts the November "shorts 10 get out
There will be few cured ribs the last day OF N0ycm
Der in this market, it is claimed the ast day OF
October and VIII he much larger shortage The
high prices for the October option two or three weeks
ago invited selling; and instead OF going short on
October, the "beais" sold November. The October
option closed tonight at 50 20. and the November ut
50 95-dn advance for the day on p0th OF - cents
October Lard closed at 81 90 and November al - 30.
Pork was strong although there very little trade IN
il There were only 1000 hogs at the yards ana the
prices there higher ii IL part OF the gossip that
here il that Phil" Armour is shipping this class OF meat
there direct from his Kansas City house and Is undere-
ing everybody =,
Corn was strong to-day but not strong wheat IL
tonight only fraction above last saturdays 1g
ues the trade IN 1t small and without incident Tue
stopped at 46 cents Nov elber at 4bSs cents May at