New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-04-22
THE CHICAGO MARKETS.
rBY TELEGRAPH TO THE TRIBUNE.

tBY TELEGRAPH TO THE TRiBCSEI
CHICAGO, April 21.-Aprl wheat advanced 21f
a2a cents today and everything else on the list was
stronger Pork went up 30a35 cents per barrel; lard
and short ribs 10 cents per hundred pounds Whatever
NAV be Armours programme, it is pretty generally con-
coded that he has vast quantity OF wheat bought az
low prices He may sell at present prices the alarm
ia so general and the whole country has become 50
publish" that doubtless he could do this he may
hold on for further advance or may go the en-
tire length and wait for 81 3OeSI 40 in June July.
CORNER" however, in the old acceptation of the
word is not probable. There is no corDer' rule in
existence now for the protection OF "shorts." Tho
Supreme Court ruled unequivocay against defaults
and the temper here is opposed TO Lying down on con-
tracts, II there are twenty million bushels Of wheat
"short to any one clique Of men, the chances
are that will all be settled within thirty days. so
great is the panic that will stay short.
Commission who fought Armour all through his last
July corner" who went TO law with him, and who arc
only now paying up under protest, are teleSraphin9
their custOmers will sell wheat short unless you
pat up 10 cents per bushel margin III wheat advances
another cents the man who have It bought are
likely TO pocket their profit and sell it out There are
plenty tonight who opinion that Armour has
not less than 2OO000O0 bushels OF wheat bought for
aud cover, but set Immediately put ont new lines
o0rrespondents 20 hang on wheat for further adj
aud that there more pront foT tnose who
The present "deal" was started undoubtedly upon
what considered early and Trustworthy crop In
formation The of damage not now arriving
fast as week ago. The crop reports are becoming
conflicting. These reports likely TO continue 10 cut
great cure here The advance was begun upon Them
ii they ail realized, il they change very greatly
in the next fortnight, there will likely he great
change prices. With improved prospects for harvest
would harder for the present clique % unload, or,
il did unload prices would be likely to sill 10 pieces
without any Improvement, prices. after an unloading
might temporarily Decline but would be certain soon TO
recover.
Wheat for May delivery stopped the curb tonight
al 81 l2la for July delivery at 81 154 Corn was
steady The receipts increased little bat continued
small Pork lard and short RIBS as rapid IN their
killed this point $4,000 less than for the same
period wear ago but Armour is believed have bought
pork on a large scale within the past week The adj
aud packing firms VITO are short up 10 their eyes.
That night John NJ. Jewett made an apple lton before
Judge sheldon, OF The supreme Court at Rockford, Ill,
for rehearsng IN the case OF A. Wright ct IL agst the
Chicago Board OF Trade, T. ID. Armour and Others aud
a stay pending the rehearng. ~ G. Cloudy appeared
opposition. After long argument the application
was refused The the decision was only received
here this forenoon the argument last night lasting be-
yond midnight This application was described oy the
Judge making his decision the last trick or the de-
fauers II the matter not nnay settled by the de.
OF the supreme Court II is settled now Oy TINS re-
fusa Of OF last resort to rehearthe case WHATS
your programme T. asked OF Mr.. Wrlshps partner
wen have to fork over" was the reply.