New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-04-12
cHIclco MAGKErs STILL ADrAycNG
LEY rrLrcRArn 10 rnn rEInrxEL

CuIcAGo, April ll.-Iherc are pretty good
reasons for believing that strong comonato on has 0'rn
formed TO " bull corn. The members u i believed
have their headquarters at the Office OF H. H. Parks
Co. on New-s,. Ncw-York They are rich New Workers
who are a. familiar with produce WITH stock spccula
ton and Who are willing to buy one rs the other
when cheap. or sell one the other when dear. The
OF era0ns have been carried on 50 Tar through VI =
Nichols Coz bat there nIcat Ons that Indboin Il
In the secret and t. an ally The story Il also told to-
night "a It these NcwYork have made arrangements
with certain o Tie trunk line, 10 transport good share
of the TX million bushels OF contract corn
now in here. and between the ocean steamship
companies railroad officials have got rebate %
cents per bus,el on Tho ritcs now quoted gentle
man who Is recognized agent for this New-Nork
pool Ccrci to wager any reasonable anoIn- Tat hall
the stock o. corn now Ia store would b. moved OUT
within the next thirty days.
Something within the last forty-eight hours has
"boomed" May corn from 81 Ar. TO 54sc, the figures
asked On the curb night, and May wheat from lo3l2
to IOGI2 the price asked Nichols & Co were ycry
heavy buyers all day, ana 40 was Lndhlom IL n SAID
that Their was n ntilo hitch Tuesday IN the
pr,cr,nme which thli New-YorA pool hat
arranged with the railroads. f. was straghtcned
out however and the advance. which was
checked for WHILE sarted UP again AZ or the call
tins afternoon wheat advanced l9d, and corn > =.
MAY corn stopped az 5iac. nnd May wheat at 1904
Ihs very sharp rally caused apparently by the cI-
iscnce Of large number OF stop orders on wAtat AZ
100 and on CON al about lia When the former could
not DC mad o. ,c latter al 542 there followed a
scramble aud tnc figures went ~ Il aud H. and then sc.
/ ~ "a twiukling
The rcpors Of the Government Agricultural Bureau,
pub shel this morning. concerning the condition Of the
winter wheat was "builish," IN It's influence, ah0u IA
A. Ia non commit al and cqu vocal that 10 nard
10 form any conclusion from II. There was
/ a pretty general among the grain "b, cars
Kncc took n IL - said the Million OF snUrt wheat pat
! out 10y him Monday, presumably FOR Ira Holmes
and there was hedging all around by the biz bctters.
Iestcrs crowd However. II ~ bclrsh" ~ ever. Nc
Gcoch IL Is reported, has 10 much confidence N Ia d
! thai he Is very anxious for break to some
more Of H. file gwen instructions 10 ~. partn
tis aid upon tie hrsL indications OF weakness 10 ham
mcr a..
! Ine belief Is becoming current here that Armour
has sold out ma pork ana wants the market 10
! break, 20 that be en- gct II back at c-capcr
ngur. but provisions continue strong Lard FOR May
topped a. 81 u trlhng advance over ycs"nlay
ne prcscncr 100000 bushels OF corn. sad OF
these New Yorker. mas been buRbctr 10 the local
| crowd. what would Il take To buy ia Lees than
- ObOOOD There a stock ~ Wall Street that
could be- bought less than SIOOOO.O0O. some OF
thcn cannot be handled with i've times that much
money Nne millions OF bushels VI cora only 60OOUOO
of which IA contract, Ia no elephant to New-lOsk
crowd It tc hdd AZ reasonable figure and there Is
| profit apparent