New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-04-20
AY CNEX4NPLED S1rC&DIE.
riIr ACTIVITY or THE SPECULATIVE MArKE1s
CHICAGO.
lBY TELEGEArH To TIE TRIBUNE. !

lBY TEILGRAPH To TIE TRIBUNE
CHICAGO April 19.-IIistOry repeated itsolfOn
Change today The markets al strong and exhibited
an activity which saturday has seen for months COru
was pncnomcnally strong ana advanced with amazing
cccrlly gain ol no less than cents for to-day
one line shown the bulletin boards when the June
option sold at jGlo cents This month the leading
opt.on. It opened at 53i2 cents and after
advancing to the figures above given, fell
of, closing somewhat weaker, but still
active at 5t2s cents. The proyeIbial chaI-
acerlsIcs OF the two prominent factions ia the spec
uatiye menagere" were apparently reversed to-day.
All the old bear, housht heavily. while number OF
noted .bulis" wcae large sellers TO be sure, the
"bears were "short" AID anxious to be In out Of the
wet" but their operations were, nevertheless those OF
thoroughbred bulls and while the bulls who sold were
rely long ther actions were pronouncedy bear
ssh" noted specuaor in wheat wno for some reason,
Il interested in high prices characterized
the action OF the "bears" today a.
"neeing from tie wrath to come" Some OF
those who made the most noise on Change evidently
imagined that sufficient wrath had already arrived to
Justify their speedy flight # is said that Archie "
Fisher, VINO has been OF the leading bulls, buying
quietly through George C. Walker Coz sold out his hold
n.s today cotrIc OF brokers came in the PIT ABOUT
and sold large block hen they leit tsoy gave
up the o. George {. NHlker& Co. IisAers safes
are SAM 10 aggregate @,ooO,VV" nu7Ies' u.. .h
IL rv R"'' % 3i i tnd S5n+.p ST,.p bsT .T" bsen
believe thi-. Ecdm, while not biili>h on wheat,
hd- opcn, declaring mat the figures were tSO low
10 invite short .eug, and that 10 snort tlc mar
ket was wild rsl. Jones ha- been away aud II
not back vet lie i- It Is believed, entirely cyeued
uOou the market. Among the other wild ru
nos atioat, ana the air was filled win theln, was
one that " Bill Murray has beca caught snort on
million two asd had 10 pocket lsss
u good many thousand dollars within the past three
days
u mle the trading in corn was mmrnsc-larger than
has been transactions "A Whett
larger. Among the large myers were notably
such WbiiOIh bears a. Lester Walker, ana Murray
Nelson Their purchases aggregated large amount 10
meet this demand the part oi In" shors thcre were
large quantities OnS stun thrown o' 'crbo9d re-
pOlt in circulation to the effect that keIShaws sales
must have BEEN close upon 3OOUOOO bushels. Ine
highest price paud for June wheat to-day was
gU4 cents. IL opened IA 80 ccnts aud closed at @Dos
couts, making "A perLiautut advance "a scent. Iue
provision trade not Tar behind that III gram, ana
large quaint cs Of pork changed hands WIN frequency
deIghtiu in the minds OF the 5ciIpCr For June PORK
an advance the dy Ot 10 cents pdrro WIS scored,
the closing price being &i6 So
ON tn" WnOie the day an unsatisfactory one,
particularly to the commission mcu lie sCalpers
we're in their glory but the " lamb" with
the exception or fcS pauicsricken shorts kept at
safe distance. Tonight the houses which ever since
wheat struck so cents, have been advising purchasers
writing and either short sales OF ic2ulOls
operations The conservatives appear TO DteVe tha tue
recent heavy advance will check c export Inquiry Wlcn
j. brisk aud stop the movement OF grain out On the
other hand II is claimed by anOter parry oi traders tnat
no demand i 50 brisk as demand on an advancing mar
Ee and that the faster prices advance the tester the
movement will be. lf the present panic among the
"snort- continues there is certain 10 be hNey times
next week