New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-02-15
TIE CHICAGO MARKETS.
ADVANCE N THE PRICE OF CORN AND WHEAT
HEAVY sNLEs OF THE FoRSIEE-A " BULLIsH -
FEELING PREVALENT.
~ TELEGRAPH - me TRBUNE.l

HEAVY SAILS OF THE FORMEH-A - BCLLISH
FEELING PREVALENT.
by TELEGRAPH 10 THE TRIBUNE.l
Chicago, Feb. I4.-Wheat to-day advanced
2L.a r cents AND from Ato24 cents busAe The
volume OF trading large and the feeling was
one Of excitement AN tie world" sa.d
a man connected VITA one Of the most
prominent grain homes IN the country,
ayc the purely speculative operators IL Just now on the
puI side Of the grain market There is not, 50 far a.
can -ce IN any manipulation III either corn OF
yp.r lt export r. are especially 'bulisI.' and the
recent article IN Tie L0doH Iuaes has strengthened all
the old bulls in their opinion and converted great
many bears believe the rh rp advance o-day To have
been caused by heavy purchases Dy these bear specnla
tons W o became discouraged and alarmed ~ their
position and hastily brought n property enough TO even
them up"
The news that New-York hal begun very strong
and that foreign markets higher. caused wheat
10 open mere at advance Of lal2s cents over last
nights prices Tie opening hSurcs were the lowest OF
tn d,y There was an advance OF y Pa cents but
I,t A.. Of tis WAS lost ON The "caL" February shipped
al lug'-. March az lo974. and NAY at llis
Durmg the day corn dI not attract AZ much attention
rs wheat bu "ca m The ttraoon the purchase
by j. H. HOLDS Or 100000 bushels within less than
i've m.uutc- AID hs bids for a very large guam
fity besides. advanced the Price Of the May
optian Gems bIshel, and crea.ci a fury
I'M the corn crowd. As soon as tue "cah ieacLed
100000 blshcl lot, 81 the gram at o9+ cents.
H. ra -rd his hiis To 81 &c ats, AMI az e. figure
b.sn BIDDING ,or 100000 bus els. 1Le lisure', now-
over uas~rd tus 30 and closed ~ OlI.Gbl y ccni- ul
. pIrchu-c of hall tDr stock cOtu mere Dy sh-lc
bt,rr him i've uatuI1N created niue curl
o-ty. Tue house has been, ace rang TO runor'
.ri,y '.ulu for local operator
nrd me opinion IA current that to-IigDts purchases
y,re 10 even up This OpcgaiOI'5 snort" sales.
The r,c,iut- III corn were CON aratyoly Large agau,
Us cars arriving. but only my of tHen graded
No p Tur shipments continue almost a. mind
Wn,res last year 10000 bushels Of corn went odt to-
dty only 200 wee shipped The h'pmc rs OF wAtai
nri uo mucn Lr r. February corn co eel tO-hl-ht al
IgL, Nnrcn az - and at Gle. fok opened al
an ADVANCE of ccts Otrrel, and lard a. an ad' auce OF
2L,s5 ,olts u hundred over last night Inc
fluctuations In gram were 50 VIA that
the * lt,ueut abOu. the whoa aud corn hts
rather oycrsuadoWcd tDc provision r1lc Ihe uA4o Ia
nog products comparatively small ana lie Au VA
lions were narrow. Fork moved ~ and down WIhh ~
cent? d closed l. cents above last nights hSHre,
Lard was al IN, cents hundred above the hSureS
Of twenty -foUr hours ago. ~,
TWO attempts nave recen y been made 20 get the
Boar tog timer to discuss proposed new corner
rulc ana the Otbers which nave been prepared. NO
quorum however, can b. got because OF ao-
..uc, Of IN crest. The feeling is 80 generally
bullisu" now that "corncr" rIc would prcey Ger
FANNY bc de,ea ed Committees were appointed on the
Board to-day collect funds for th' sufferers Oy the
OuiO River Hoods.