New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-07-10
MARKETS Affected BY YsLLoW FEVER
PORK DROPS 81 BARREL IN cnIcAGo-GRAN
LESS IN PRICE-MGEoCHs SETTLEMENT.
iHY TELEGRAPH TO THE TRIBUyE.i


CHICAGO, July 9-The alarm concerning
yellow fever continues panic Of four years ago 70
morrow IL 50 well remembered that the dispatches from
San Antonio have turned almost all provision traders
into Sellers and filled all the traders and commission
men with alarm. Pork day dropped dollar barrel
and lard 40 per hundred pounds Armour and the
other packers done and s doing their utmost
to assure the public but their efforts have ayaiie0
nothing Notwithstanding the support given
It. the provision market tonight 10 limp
and helpless. Prices likely TO go lower
yelowfever epidemic In the South always largely cu1
of the Southern demand for bacon ribs and pork Tho
provision trade between here and the South 10 80 vase
that even all the other avenues for DISTRIBUTION
OPEN the breaking out Of plague Is afnsne'a calamity
to the great Chicago pork packers This year. however,
with the German aud French markets closed with large
"hog crops" abroad, with American products In bad
rcpute In England aud the Continent, the pros
meet of q blockade of Southern markets because
of yellow fever is rightly enough looked forward 70
with more than apprehension. The appearance az San
Antonio Of two cases OF yellow fever on shipooard.
which have been sent out twenty miles to sea ana
has in two days pork to drop II 20
barrel and lard rs per hundred pounds within tho
same brief time.
This last drop in prices of products has greatly
discouraged trades In cash products. Said one man
very despondently to-day: III prices were kept only
little steady for while We might do satls-
factory business, but while prices are dropping
.oes are hard TO make and great dissatisfaction
EXISTS between the trader and customer" Armour takes
the down-hi movement Of provisions so placidy tnss
the opinion pretty generally here now tnas
he 4, short The crowd which has all the WINE oeee
OF the opinion loaded up with pork os ana
lard ia now almost ready believe the claim thas
Armour himself made the assertion that he was Simply
the property the carrying charges that No
had IL all sold for future delivery
The very precpitate decline In provso rs to-day maui
rally caused about the ganpits IL
ed early In the morning moreover that tners nao oeeu
In the grain trade in Liverpool and the romor
Of these had a. mucs do with decline which TOOK
nIace In corn oats and wheat the drop Ia PORK sna
lard Nothing was learned definitely concerning the
Liverpool failures until late In the day, 90 that inc
bears pictured the situation on the other sido -
desperate and made much stir that wheat droppea
oa2a cents corn cents and oats for July IL ceous
bnsne The volume trading not large aad WINE tho
fluctuations were wide the feeling was not at al paneky
rhere are now bl parties both In corn aud wnea-a
s,a,ament that could not be made a fortnight ago.
sidney Kent. Kershaw & Co. and George c. walker q
70 kent buying wheat all the morning during tno
decline and Poole. Kent Il Co. and David BOWS q "a
buyers of corn before the cose this afternoon
there was little reaction. 80 that the closing usufos
were Ia s. per cent above the lowest OF the DAY
July pork closed to-day at Sl4 10, August AZ Sie
.Tuly lard at SO SO and August at So TO- July unes'
topped at 97a August at 99ssc July corn at 49e
and August at 50is. July oats closed AZ "a Nc .
Messrs Eldredge Co. have signed Mc6eocns eom'
promse proposition and consequently 50 fxr Is tne
hoard of Trade Is concerned, the scotcnnan mas Ru~
csv Effected his settlement at 90 cents on the ao,a
All that now remains IL for that S45OO00 70 pc iern-
cominc md for the payments to begin. IL VIII .skS
consderable time yet 70 settle the country xccounu -
srty DAYS however expected that McGeocn, EveE
sncSam 4 Co will be doing business on Change again
here we're rumors hot corn bad been discovers
10 the warehouses az NewYork Inc news nd ~
other local "bearish" influences. II WAS however
denied after while authortatvey Indeed M 49,
the rounds being the eject that the q
na .orn aud proyisous continue but wheat stn y
% Ssrs and ia even arriving faster than IT'S nppsa:
There were no failures announced despite '"' '''
great decline In provisions