New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-04-01
THE CHICAGO MARKETS.
lBY TELEGRAPH To THE TRIBUNE. I


CHICAGO, March 31.-Over q million bushels
Of the unsettled July wheat, defauted on p D. Armour
settled to-day The defaulters are losing their de.
fance. The litigation is likely to stop now Messrs
Poole Kent Co. settled on all their contracts so did
Messrs. C. E. Culver Co., the Culver Commission Com
pany, of st. Louis; Messrs. Rumsey e. Chandler c. A.
MAR g. Co.. Crosby Company, Leet Frctz and a score
more of others. Everybody is sick of litigation and
even A. NJ Wright, who has led the fight says that ne
does not propose keep up the fight just for the glory
Of fighting.
This week the stock of here increased little over
100000 bushels The demand, however. from the East
said to be good The stock increasing here because
navigation will soon be open aud, instead OF paying all
rail freghts. shippers waiting they can ship
by water Corn 2c. higher all day, until Just at the
close when the figures dropped sc. and closed April at
522c and May 567c Il below asst nights figures
There has been no change in the position OF the
big operators who short all through the week
but the bull side of corn is becoming more popular
Testers people prophesed at the opening of the week
that there would be 500 cars of corn to-day. There
were in fact only 800. The popular side Is sometimes
the winning SIDE and so corn may advance Mondays
and Tuesdays receipts likely to be pretty large
comparatively for intended to here the last
of the month oftentmes is delayed and comes ping in
here few hours or few days late. After Tuesday it
ia promised by corn receivers that the receipts Will
largely fall of.
by the Burlington and Quincy officials. They have said
for fortnight that the countrymen shppersof corn
were asking thousand more day OF them than the
road could furnish All the otherroads here just the
other The Rock Island :oicals declare that they
are laying OIL cars The receipts Of have despte
the beaI1sb talk OF the Burlington people been de-
creasing slowly for week. Folks here would like IN /
know whether the Burlington managers want to bear"
corn or bull Chicago, Burlington and Quincy stock
Wheat ia not strong corn, although both grains
acted very much alike to-day. Wheat opened at an adj
vance OF IA &c., but weakened at the close declined
i20lc and closed: April at 81 05i4 ami May at
II lO6s
Lard advanced 591Oc. again to-day. A little reac-
ion took place, but the figures closed Sc above the
close twepty-fOur hours ago May stopped |
" 11.57 l2c, June At 1l.60c. and July at |
l165c. Charles Singer who has operated |
heavily, both for his and through the (;h
ago Packing Company, to defeat McGeoch's plans
'oug 5000 ierces Of lard to-day pretty nearly the
op figures. McGeoch, IN his fight with the English
onses, Is getting almost the whole local crowd as his
lilies. There IL some hestancy IN buying, however Of
hese figures. The Scotchman has already MIXED the
lafket once and he may do IL, or try do It, again
Pork advanced 2l2d i9c., and short ribs closed
$40 % for May. Ninety thousand fewer hogs were |
eceived hers during the past month than for March
Ss2 and the Chicago packers killed fewer Dogs
nriDg the past thirty days than during March 1897
Oats 20 out Of here fast received and their sa-
on Is strong. May closed at 1890.