New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-05-30
FEATURES OF TIE CHICAGO MARKETS
lBY TELEGRAPH TO THE TRIBUSE.I


Chicago. Nav 29.-TO-mOrrOw, Decoration
Day, Is a legal holiday in this state. There will no
session Of the Board of Trade and the banks are to
be closed The speculative markets on tue eve OF holt
day are. general rule. weak and uncertain. They
were so to-day The feeling tonight Is that the prices
will go off great deal Of wheat was sold out to-day
Ira Holmes was seller. Kershaw was seller and so
was Lin blon. The latter anticipated little break and
is perhaps helping some Others TO engineer IT,
The local crowd ncreduous OF the story concerning
the deal being by " g. Miller aud his friends
through this broker and Is encouraged In disbeeying
By his recent very heavy Gales The fact is that Lind.
bloms sales have been for his scattered cuso-
mers The New-York clique is not selling. II ia hang.
ing on to its property. o. the -xstence OF such clique
and OF its ownership OF many million bushels Of grain
there is doubt at all The Information comes from
one who knows.
Some for today's whakness and for the
chances for little further decline, are these C. ].
Kershaw. Influential trader. has Of late become
bearsh" being OF course cOgniZant OF Armour aud
Kents operations tArmour being partner and many of
the operations being carried through J. Kershsw
d Coz Kersnaw sold for his customers when the two
great traders selling out. He, besides went
largely snort" naturally expecting weakness after
so much grain was thrown market lie is short"
to-day bal Of Miller and LtnJbion's operations
and waus get back in but at lower figures. All
day long he was bearing" all his might the mae
his tactics had something do with the lower figures
II there is still further decline he will undoubtedly bs
partly responsible fort.
Many traders VINO are " bulls on wheat are OF the
opinion that the Government report spring wheat
CROP pr )uised FOR June l, will be tavordble thati Will
cause very genera selling by people who are no. we
poste Oh the SITUATION and that lower figures VIII be
the result Traders in this Of course.
whatever may be their to the ultimate course
of prices DESTROYS Of getting and Of getting
when this report depiesses prices on lower basis.
wh.st for May closed tonight 81 49, for June,
- 1912: for July. II s. and for he year option at
;: l3l2 These figures were 2 @l4% ul Ter tnOse VI
/ wen y-fOur hours ago
/ A sleat quantity Of ST. Louis corn ia streaming
tbr,,l, ber. Ine receipts to day 7iO cars blt
over 400 of them were the h Bridge. The
Il, bound tor NowlOfk ANA otner points oy water. 10
ma, all been sold, share OF IL u Baltimore ship
| niur hon. 80. AMI Is going through on special IA c.
while these very heavy receipts are just now depressing
rrccs fuey ought really TO nave 10 influence being
aimply transit. Corn men say, besides hat ne cer
ing tue st. LOUIS elevators are Low gong thtOu-i
wi Doe OF advantage T. market-O Duu marAe. Il,
OF course Inc big receipts OfOlS are accounted
for IA the way altnOI the oats come rom d-
icreu place Inc shipments Of ezra continue Large AMI
tnose wheat are all ne whe little increasing July
cora c.o,ed tonight 81 .ssc ualer last M ut.
I,ye advanced l29 s.. to-day aud tn trade Ia II.
especially on tne al, larger than II has Tor
uety ,tys The delivery day Will Oe around, and
viii be- IL anticipated some scIah JlnS Tor snoIt
! pe. $50 , -
10 be ten 4ng downward seventeen thousand nv un-
dred bags yards, AMI last weeks prediction
of the provision be rs, that more bays NOLd Ice ie
oeivei week th.n dst Is being Ncf!led ArihOdr
appcafs TO be 0uylng year aud other distant PORK
\ opuUns. Very htCe IS doing IN lard FORK tO-day
ADVANCED lCG ljc. above last night, and closed az
july lard was DC higher ana closed AZ ll.o0e; Jdae
lUc. cheaper