New-York tribune., 1884-01-05
DOLL MARKETS ~ CHICAGO.
FEATURES OF THE JANUARY DEAL IL CoRN-PRo-
VISIONS DIGHER.
lpY TELEGRAPH TO TIE TRIDUYEl


lDY TELEGRAPH TO THE TRIBUSE.l
CHICAGO Jan. 4.--1he produce markets vera
erratc but on the whole dun to-day. The re-
celpts were exceptionally small, mainly, It
supposed, because OF the cold weather which
has delayed both Ioadlngs and shipments. The
posting of the arrival OF only rs cars Of wheat and 25A
cars OF corn sent wheat up naf and uP cent
The trading for the first hour active Corn for May
went to Glll cents and for January TO 80
cents Then began heavy selling for February,
I'm which the clique took hand and
the market broke. Wheat strong the start partly
out of sympathy with the feeling I'm the pit and partly
the big drop In the receipts. The wheat crowd
however all day watched the pit closely, and took
ats cue from IT, the morning the Adamses large
Luycrs hut large sellers in the afternoon Tonight Ker
shaw was prominent among the wheat buyers and so was
Crosby. Lester declares himself bearsb" on this grain.
and lard. and still anxious for an advance.
While everybody c0nccdes deal In January corn.
he coue's methods or designs. 1t at one moment
today apparently bidding the price mp aud at another
Tdthcr TPl,r"' Wildly. CANS on SIay last night
were selling at 6l4 cents tR Im.e VINO aod DTIIt ,1a
, which stopncd on the ca AZ 59ai ceuts sold on tho
curb at go cents May wheat, which stopped at 81 02S,
rose tO 81 G22 1t Is said that one reason that tue Clique
ict down corn was because certain ST. Louis shorts
are for the shipment ~ 800 cars nero
To till their These threats fOmSt Louis shors'
nrC the REGULAR thing. There yet deal run in
which they were not experienced. To-day shipper
from Cairo who is known to be largely - Short
is promising between this and delivery day TINS
month, to haul 1000 cars of his own corn here,
go pcr of which will grade lie adds "Predlc
lions on corn not hHZarded."
Commission men content thems' Ives with s1ying when
asked their views that the market Il manipulated ana
altogether beyond the reach or tue ordinary influences.
The general feeling OF course that the prices OF all the
options will tend upward and will perhaps be ten cents
higher before three weeks are past but these things are
ia lac counted upon The clique may change It's plans at
onv moment n thc January corn Is dumped all the
other OPTIONS viii 20 a good deal under their
pgtnac value. Then 1t is To De expected that the
l0uc will I'm every possible way try To keep the price OK
corn down until toward the close or the month, when
nrces may be RAPIDLY bid up Otherwise would how
In here at a tremendous rate.
MANY commission men will not take trades al all IN
February corn All who do accept them demand ample
margins Indeed traders in any OF the options, bo,h
SELLERS and buycIs are urged 10 protect their trades well
and 10 provide against the violent fluctuations Aey 10
occur This cold weather Is good thng Tor the corn
sbnprrs "A. il makes hard matter to detect soft corn
Hog, were ttc higher 1T the yards. Provision were
al one e higher Change but closed on the can All
most exactly a. they dd last night February pork at
Sl4 47L2 and February lard at = s1l2 All kinds 0t
provisions were, however, considerably hShti on lLs
curb pork % cents AID lard cents.