New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-06-12
IRREG ULAR PORK At CHICAGO.
THE rowLERs AGAIN IN TROUBLE - BARRELS
"DoCToRED "-DEcLINE IN WHEAT.
rrv TELEGRAPH TO rRIBUSE.l

TIE FOWLERs AGAIN in TROUBLE - eAnnhi-o
"poCroREp "-DEcLINE IN WHEAT.
rBy TELEGRAPH THE rRIBUSE.i
CHICAGO June 11.-There is another packing
.candal brewing The Fowlers who have been selling
pork 10 Armour at great rate OF late, pumped
600 barrels at him to-day This Just the sized lot
they sold him about year and half ago, and every
barrel Of which found short weight 1t was not I'M
natural that little caution used in accepting TINS
lot II was opened and examined. The meat was found
70 be improperly cut cheap meats were left on the
sides II was also found to be overhauled and doc
tored" The lot refused. The matter to-dayiwen1
before an arbitration committee, and the committee
found all the pork irregular.
IT'S chiefly of interest because Is an incident In the
efforts OF the Fowlers and clique OF rich NewYorkers
led by Nat Jones here TO bear pork They have been
selling desperately since the panic began at new
York upon theory that the banks here were gong
10 smash and that pork merit or no merit must beaK
They have however, up against some good strong
holders and they resortng TO one device and
another TO extrcate themselves petition Is being cir
culated make summer pork regular ana now 'ne
Fowers have dumped 5000 barrels OF irregular PORK
in order TO fill their shorts"
The gossip about the corn pit this morning was that
Walker the statstician Of the NewYOrk Produce EX-
change had inquired out an increase rather than de-
crease in the visible supply Of corn for the week This
talk was influencing prices for decline inasmuch as the
Chicago figures made public yesterday showed a de-
crease the supply of nearly 100000 bushels and mas
much this little decrease was disappointment ~
have IT cut of altogether by good authority as Mr.
Walker and even have the figures put upon the other
side of the column. made the bulls feel weak Nat
Jones and Roach were large sellers and Lester & 90,
were breaking prices by selling small lots tTne under
the market. =,
July corn opened Sc cents hut had declined by II
O'Clock 20 55i2 The receipts were said TO be large D
those who in the confidence OF the mspeeto 9,
coterie Wheat at first comparatively hrm III me
face of a great amount Of besrlsh gossip The
cOuntrymen IL said great sellers at - Louis
and the feeling there was weak. New-IOrk showed
preciptate decline. The cables gave no comfort 70
holders Hobbs and his contreres were. however, ap-
parently picking up wheat in an undemonstratVe way
and prices held pretty firm. =, 49, -,
July opened at s9a cents, and at II o'clock there mao
been a decline of only 81 cent Pork was higher AZ
$40 rs for July and lard steady at - 80 KIDS
were 10 cents lower. As the day proceeded rev me-
dents developed. Fairbanks & Co. became STEADY
buyers OF August corn, and helped TO steady prices
witch on account the weakness Of wheat and the Dig
receipts would have been weak and lower. The July
option held steadily all the forenoon and closed az
o'clock at 55Ss cents. The receipts were 445 cars
Wheat continued TO drag wOfully At one moment u
was down 10 ss cents July II closed at SOLE Pro
visions continued dull July pork was steady az S1S 90
lard al IS rs for the month. July wheat closed
at 2:3O o'clock at s97s cents. The put price was
SO j 3 cents July corn closed at 56l2 cents; PORK
and lard at $50 o'clock closed as they did at O'CLOCK