New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-03-04
4 BE4R PRODUCE MARKET
THE BIG -FOUR" ~ CHICAGO INAcTIyE-GRAIy
AND PROVISIONS DOWN.
lBY TELEGRAPH TO The rRRUNEI

THE BIG FOUR" ~ CHICAGO ISACTIyE-GRAIy
AND PROVISIONS DOWN.
by TELEGRAPH TO The rRmUNEI
CHICAGO, March 3.-It was q bear day in
the speculative pits to-day. The "bg -four" were con-
spicuous their absence, and markets failed 20
receive any support from any quarter, they naturally
opened weak and ruled with downward tendency the
day advanced The hg have evidently retired for
the present They sin interested the bull side Of
pork wheat and conn., but "a generally believed that thu
members OF the famous auartete working in
common, and that It not unlikely taat they raay
arrayed against each other any day
Receipts Of gram continue be maintained good
figure, and the reports received from the winter wheat
districts Indicate that the crops likely pass through
the present cold weather without damage. Corn is
weighed down by the abundance OF low grades and the
anxiety shown by the farmers market their poor stuff
while cold weather lasts and while chance remains for
It pass inspection. Later in the when the poor
will have the help IL out in the nspeo-
uon will doubtless do better but the cond-
ton Of the trade Is against Improvement. Wheat i'm
ply sick The bulls in IL have lost too much money recently
feel encouraged TO continue their support; and no
market appears to have fallen completely into the hands
Of the bea The only hope FOR wheat in fact rests in
the position held by the bears are likely to force
reaction by O7ersellng the market.
Provisions lower to-day but strong at the decline,
which was limited to l2l20l5 cents on pork. 7l2 10
cents on lard, and about the short ribs. The
they consider Il aavlsaule ~ advance prices m
other boom VIII be Witnessed The present weak
ness is due more to the duUes- OK
specuat on than OTHER cause, and IA regarded only
movement 10 Increase short selling The Official state
ment Of the stocks OF provisions was published tod ~
and cOnTarrd with the January showing exhibited
small increase IN the supply 0f pork and lard, and ia-
ing of IN The stock OF pork the FIRST u
this month 100 400 barrels. OF prime steamed land
IIjZ53 uerce, OF short ribs 26,TO6O75 pounds aud II
: L. hams Z,Si2,3-l pounds On the sue date Ia L 3
the stock OF pork 27794O barrels, OF Lard
93,969 tierces. of short nbs 392640O0 podhis,
To-day pork sold for Nay delivery al 81 S2i26Is 20
opening at ais l.. and closing this evening at ~ 05
The Nay option Tor Lard sold at 80 J72 = =. and for
short ribs at ~ 27a 322 Lard closed az - 90 and
ribs al - 27l2. shipping orders for cash provisions
were unusually light Cash pork closed at Sl1 20 aud
cash lara al - 40.
Wheat declined to-day over cent though the market
recovered late In the day from is seyerest depression,
and closed only asc. lower than saturday. tbs
May option opened at 97Q97l2c, fell OF 20
96lsc. win limited fluctuations aud closed
tlis evening at 96lc. Cash wheat was dil.
No Spring was quoted at % cents and No. al 7)Q II
cents. The outside buying for shipment on speculative
account prOV0kluJ HIGHT and during Tho entire day
the market thr hands Of rCOm raiders who, bDT-
ever, were able keep considerable interest Tho
decline OF last week las absorbed the margins OF num-
Der OF Eastern bulls. and several large blocks OF long
wheat uuOaded to-day The snOrt interest IN the
market was also largely increased
Corn suffered decline OF LA = cent. The best prices
quoted obtained at the opening aud the lowest aogs
IL o'clock. The last nalI OF the day Witnessed
steady market medium prices for May delivery.
The ket opened 81 cents dropped OF 20 36s cents,
reacted and closed the curb this evening 40 0o Low
grades il Large supply, and were rather forced 20
sale by holders who anxious dispose OF their con-
signments. Ine low grade corn sold mainly taken
for shipments tC Indiana, Ohio and Michigan. AdViees
from Iowa state that farmers 40 various points are crowd
ing their poor 10 market ana obtaining supplies
OF choice corn from Nebraska aud Kansas Local
celpts to-day amounted TO $40 cars.