New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-09-16
LOW PRICES FOR WHEAT.
s,,MoRs ABOUT THE CORN DEAL-THE PROVISION
MARKET ACTIVE.
BY TELEGRAPH TO THE TRIBUNE.l

MARKET ACTIVE.
10y TELEGRAPH TO THE TRIBUNE.l
CHICAGO. Sept 15.-It is believed by good
many here that Simmons Of Kenosha is behind tue corn
deal. lie was at one time rich man. He owned the
Northwestern Telegraph Company. He sold out t. the
Western Union nj good figure and pocketed what that
great corporation paid him. Il made him rch indeed.
IL is hard 10 give good reason for the behe geheraV
entertained that simmons is behind the present corn
deal Perhaps i is attributable chiefly TO the iac mat
Baker for a time at least engineered INC
deal Simmons is one OF Bakers best customer"
Int so il Georoe Pullman but the latter declared that
he does not bet on grain. Baker managing the dea
this WAS one step in the reas pnlng. simmons WIS
Bakers customer-this another step 1t was no'
easy TO connect any other big trader with IT, 80 tue ea
70 The couclusion that Baker and simmons hau 'hen
leads together was not difficult. But Tbs corn deH
has been mysterious affair all along When week or
so ago Baker Co apparently retired from Inc DEAL anu
T. B. Ware & Co came The front and assumed It's man
accment the men who thought they knew al about the
manipulation, acl;nowle ged themselves much mud
died.
Il told You so" said everybody, last week, when
Cudah,v Stevens trausferre1 their short RIB trades
n Armour This is VIVA. the sharp said who nave
been declaring that Cudahay was simply operating te
rib deal Armour. It may hare been that he was ou'
there is no special Significance IN these transfers.
There have been a great m1ny settlements made
in the ribs and they were bought probably away under
present figures II may have been Armours deal; orN
nav have been tha' CudaGay simply having settled Win
margins Of his shCrts turned the rest OF his contracts
over TO Armour
Wheat closed under - cents Saturday for October
aud - cents for cash tn lowest price N TINS mar
ket since people moved wheat IN and ont OF town by
steam cars. There was, within the memory OF
ANYBODY such a deprcs led feeling over the condition.
not OF the wheat crop, but Of the wheat PIT.
II is TO be presumed that there are some few
"huns" left, bur they dare not open their
mouths The receipts Of Grain today wer' l33 cars
winter wheat III spr wheat 632 cars corn, ~
oats % rs rye. II cars harley by cana o-t'V
bus els of corn arrived. Wheat opened steady al
fractional advance in spite OF the me weather 0u
cables and heavy receipts November so'I from 'o'o
cents up 10 7G3i and back 10 1Ca- cents
Corn advanced y cent above Saturdays c.osn-
A feeling noticeable The trading vas lrlnci-
pav IN small OTs, ". T. Baker no Veyer bought sieay
IRON the opening and must have gOt hold OF pretty
heavy hu- OF October corn IN tue nS TWO hours VI INC
I'm lie wheat pill to-day there was scramble on the
par OF big shorts 10 cover, and price advanced
iln1cr heavy huvluc MAJ 80 Jones, who sold heavy
and a good many smaller traders cousldcIel u INN, ID
take IN their profits, aud is thought that the wheat
market i pretty well eycn'd M Inc su"r
interest large operators. WhO orned pC3i VIZ
bushels. In corn there was steady ou} NJ DO
covr AMI FOR invest nent iof a
short turn. Sclwartz ami Dupee. Comsto"k
3tnrsev and W T. Baker the leading buyers ana
advance u cents ia provisions lard was lle most
active article god de j of T. has Of late chan-ci
hands, and there % be particularly good oen '"l
for tIc sh article. A go p. III. The mtrhet cloed
F.rlug the following quotations for the october op-
t.uu Wheat 7Jl "A cents, Oat 2o'u cents,
laId s. -, SD ~ ribs - %.