New-York tribune., 1883-03-17
5.l30,758
FEATURES OF THE CHICAGO MARKETS.
THE MAY CORN DEAL ABANDONED-A RUMoR WHICH
DEPRESSED PRICES.
fBr TELEGRAPH TO TIE TRIBUNE. !

CHICAGO, March 16.-The clique that pro-
posed deal IN May corn has apparently abandoned it's
project week ago Mr. Handy talking Of 75 cents
for corn His Old January associates here except
W. s. Williams and active negotiations being
rei on with him. Within the week all these signs have
changed The Cincinnatian has modified his figures
eorn so that now he would easily pass any examination
required by the "bear" party. n 5. Miller, who Is pop
ularly recognized the who furnishes the money
wherewith the Handy schemes carried out has gono
nome The spokesman OF the clique says: We did pro-
little whirl in corn but the plans miscarred" It
isexpaned by those who claim TO know that ar Miller
was afraid that the in would not go through
the hot days Of early spring When the scheme TO buy
abandoned given out that the money intended
FOR corn mai gone into wheat Lindblom was large
or this latter grain at 81 1O0s1 H. but nearly
enough was taken to Influence prices
There has been great shifting Of positions about all
the pits within The week Lester Co. have been first
sde and then the other Of the market and it
Is figured thai Scranton ~ Willard, whom Lester repre-
,ent, have big buyers grain az high aud heavy
sells at figures. Kershsw Co, who have been "bu
fish" since nyb0dy remember sellers to-
day. The Honore Brotners VINO hal toeir customers
long of s1ort RIBS, teiesFapLed to smith, Nc
Cormek Il Co to sell, and million pounds were
sold and most of them weat into the office
Of Lndbl0m, who pnt them down oppoe the names OF
anptncr set OF Newly Thus they have gone on.
seymour, Hunt & Co., who have been loaded mp for
Month Will corn and wheat for Hunts NewYOrk GUS
toners sold all day millions OF bushels OF both McGeoch,
VINO week sold all his MAY lard, tlaI
bought 1t all back from the very people that he
sold It to, and at profit. But tie foreign
houses however. remain "shou" Of hog prod
ucs Of al OIs, and It is hgured that the half dozen
firms here, which are known a. English
houses have sold between them not less than 100000
tierces Of lact.
A rdmor was started to-day that no, corn had been
found In If the elevators John b. Lyon said 70
be the authority FOR the report. The members Of his
firm DENIED IT, and sad that tney had been buyers OF the
grain Not an elevator man In town knew OF any hot
and by night the report was set down untrue.
rhe present senstyeness touching the condition Of this
product, however, is shown By the electn-
cal effect that tie TnmOr had upon prices
Both corn and wheat dropped two cents bushei
and hog products went tumDlDg after At night hay
wheat II 10Ss, and May corn at Cole cents Pcrk
II l2 lower Tor Mag than last night Lard 10
cents short ribs y cents lower 1t Deen generally
known way tnat the dressed beef buslness was
growing with remarkable speed, but even the men
gagged In psed 10 learn from the 1gures pub
l,ed yes erday that OF the 774575 cattle slaughtered
here In the past twelve months 4ZO53o were shipped
away dressed beef Owing 10 the announcement Chat
the decree against the importation Of American
hOg-prOducts has been promu gated, large provision
house here IS gathering statistics from al paris of the
country, with the intention Of convincing the German
Government that American hogproducts are worthy OF
acCeDtafiOQ,