New-York tribune., 1884-01-26
fr4rURES OF rHE CHIcIG0 MARKETS.
a FALL ~ WHEAT, DILL DAY IL CORN AND
PROVISIONS UNSTEADY.
fry rtIpcr .ru 10 rBT rEtEUNF.l


tEY TELEGRAPH TO rH& rG,BUNE.I
CHICAG0, Jan. 2J.-Thcre WAS a rumOrlate to-
day. pooably false one Joo that there was stock
manic ia Neg-Yor aid That thinEs again getting
i'm Bad shape in Wall street. This story iudustOuSly
c,lcua,ed before and ON the call caused Nay wncIt hero
ia break down from 99l3 To % cents 1t closed at tho
la ter figure. although bets had becn freely made that 1t
would sell NJ, TO 99a4 May wheat closed last night
AZ gS cents and the night be.oro dt about
g65s While It fair that the balls should have
been robbed OF even lite Of their success by false
rnor an 29 cents in forty eight hoursin wheat
ia suca times these, ought to satisfy thenL
The receipts were small to-day; only fortythrec cars
of wheat and lS9 OF corn OF these 100 graded No 2
Word was received from New-YOrk that there
was good inquiry for wheat for shipment.
private cable dispatch said that wheat was cents
higher ia Liverpool and there "bnllsh influences,
but counted rs notAn Iaroi u tle wild AMI slicn
alarm which appeared have fallen upOl all the whe1
shorts" Tncy began bying lesJrcly in the morning.
but as Poole. Kent q Co. Adams. Hobbs Mccormack,
Keunett d Day buyIng "long" wheat right
alongside Of the "shOrts." and there
WIS no general tendency to buy anyway,
prices soon reached 90 All attempts 10 get in the
isuort" wheat cisurcy on good order were aban-
dohed. 1t became scramble. Bregi, who has been "a
determined bear and preached so ccdt wheat ahI VINO
la, sold a great scale, became "A buyer he look one
lot OF $50 OOJ at % cent from Clifford who sold
for Rouse the Baltimore man ana kipl on pouhg. De-
spite selling hg lots, Mdy wheat at one O'CLOCK
Thcn followed the ruiOrs IIUh new 10Th anu Io casing
up the call. - 80 =,
"Tne farmers in the far West" says W. 4. Baker,
"hlye sold their wheat. Toe winter wheat markets are
their stocks. There II less winter wheat left
than tnere was year at this time by good deal
Thorc is b stock OF sprug wheat at Chicago. but this
IA baoAse the IL came from the new Northwestern
coIutTy.. where tho farmers needing money mar
keted their crops quickly a. they harvested them
The operators and elsewhere have been selling wheat
down ,ecaie Northern Pacific and Oregon TranspOra-
tion gong 10 pieces lt'H nave 70 stop ana has
stopped The foreign n.aTketwell, the foreign market
| 49,. INV Utttplsa han ia
Corn, compared with wheat, was duh and hoayy IL ala
not sell up 59la cents for May but closed tonight at
b-l1 "a cents. "COrn" said trader who sticks 10 the
corn li The while, neglected There cOrn day
and days For other the former
neglected; perhaps because good many OF the corn
'buls' wheat bears They too much exercised
over their shorts IA The big pit TO trouble about tho
movement OF 81 ia the smaller one" Provisions. led
me dance aay. May pork opened at SIG 80 advance
Of 20 cents over last Night aud sold up $40 80 Then
nearly all the advance Of the day lost On the call
however there a and the close was l6 "a p
Lard followed pork aud down opening at W 40 for
May and losing at % 30
"Fhefe is no manipulation as IS popularity supposed.
said a nacker "Tho manufacturers from Armour down
hive been deceived this hog crop. II Is marvellous
tbnt s should but IL Is undoubtedly true They
began packing sparngly aud, bending all their energies
beating the hog market Whatever they manufactured
and sold was nj loss The situation simply this
The packers refused sell at present prices either To
sbo or TO the cash brkGrs Tuis Is al there 10 In the
advance The cash brokers will tell you that they can
f their orders here Prices Will, believe, advance I'M
I'll pork Is abreast Of hOgs."