New-York tribune., 1883-12-10
THE CHICAGO H4RKETS STRONG.
CORN IN nEMAND-pogE. LARD AND HOGS HIGHER
PRICE.
[BY TELEGRAPH To rnE TRIBUNE. !

lBY TELEGRAPH To TnE TRIRUSEl
CHICAGO Dec. 8.-rhe week closes with
everything except wheat at the top NOTCH and very
strong and the feeling excited May corn is goas
81 tonight In the alley. January wheat 97<
cents January Pork SI4 IS. January lard at $s 90
and January ribs at 81 80 These figures all little
higher than the regular close At o'clock
The interest divided to-day between corn and
visions. There about the middle Of the week q
notable falling of In the receipts O hogs II staggered
the buyers and packers and upset all their carefully laid
plans On Monday. it will In recalled there
nous receipts Of hogs. On Tuesday they we're q,
heavy, aud less Wednesday. On that day the
buyers tried Ia play OF their Od.time tricks by
Withdrawing 10 their homes and refusing TO buy.
hut the trick has failed. The commission al
ordered he eounymeu 10 cease shipping, and their in
strIctlons obeyed. Ever since Wednesday, when
tho buyers to depress the prices played trick live
hogs have been advancing To-day they went up Is
ceus and word comes from the yards that Mondays
receipts figured at only 10000 and heavy advance
live hogs and provisions Is anticipated Pork to-day
advanced Is barrel and Is nearly dollar higher
than II IA week ago. Lard to-day went up 80 cents
per 100 pounds, and Is 50960 cents per 100 pounds
higher Saturday. Ribs to-day advanced
35 cents per 100 pounds. and closed 70 cents
higher than days ago THIS shows that
IL bas been a great "bull" week about the
provision pit To-day II Is said that McGeoch bought
40 900 barrels pork and that the Fowers Arnous
buyers nd the people who have beou selling the product
short" because they "bearish" aud the others
hv selling for turn because they believed t
was going up fast badly nipped II Is predicted
that, with only 10000 hogs at the yards Monday, pork
W advance so barrel.
The receipts OF small to-day, 302 cars;
but ess than 0netfth OF them graded No 2. This, how
ever. s well as the grain graded last year at this
| tne. There II, by tho by, the same cry now that
| there twelve months ago, when Lndb0m Il Handy
running their corner, namely: dishonest nspec-
t0n Strange 10 say the people who raised the outcy
last the very against whom IL Is raised this
year Messrs Cudahy stevens were large buyers and SD
were Baker co. Rram, Comstock. Hob0s and others
selers The feeling Is such tonight that 5OOOOOO
bushels OF might easily he sold without greatly
affecting the market. Within week May corn has adj
vaneed cents aud the other options about cents To-
night the frenzy for buying seems greater than ever Inc
advance OF from as cents for December 10 81 300
cents where was week ago. was due to the manipna-
| tion Of the clique at New York. headed BY
Jack" stngess; the advance this week, whieh
has been nearly as Tar as last Week.
that clique may have participated In II. The advance
this week has been popular and would have been
scored whether jack stnrgess had been buying or sell
ing Indeed. the largest advances made upon days
| when 10 popular estimation Schwartz aud Dupec,
whole country has apparently been converted To the idea
that there h mighty little h thc country, ana tnat
mighty poor IL not possible 10 tell now whether the
May option Is Ia 20 10 20 cents 30 or Is 10 stop mid
sorekeepers tho school teachers and the wise
birds la Wall Street. catch the buying madness as they
have II apparently now, figures don't count Oid ruies
not worth anything. With the fair eoid weather
Monday Tuesday, but the feeling Il very Wilt Pre-
dictiuns safe ordinarily have become hizardous fVmt-
sti going thc rounds o buy wheat IL - nkeiy
" advance some day very sharply.