New-York tribune., 1884-02-21
THE BEARS STILL RULE IN CHIC4GC
GRAIN AND PROVISIONS STILL FALING-THE BULLS
SURPRISED.
lBY TELEGRAPH TO TUE TRIBUSR

GRAIN AND PROVISIONS STILL FALLING-THE BULLS
SURPRISED.
lBY TELEGRAPH TO TUE TPGBUSR.l
CHICAGO, Feb. 20.-At the close OF the call "
tonight May wheat showed decline from last night Of
1Iqc. May corn Ic, May pork 172c and Nay Lard 2i2c.
There was considerable advance later on the curb pork
going up I7lec lard &C., wheat &c. and ilc but
desplte this Ially-just at nightfal and after regular
trading was Oyer-it was great day Tor tEo
bears" and n sorry one for the buyers. The last
figures tonight the curb were hay wheat V9b May
corn 5S7s May pork SIT o7la May lard - 772 IL was
another OF those speculative occasions whore everybody
thought they what going TO happen and where
everybody was disappointed Last night Will the news
OF the Kansas blizzard in tho air, the bulls went
home jubilant; the selleGs dospoLdent. The former
were certain that things oday We're gong theFo
way; the latter were pretty thoroughly con-
ylnced that things not going their way.
The bulls were sadly disappointed today therefore
when they saw, they very did, their anticipated
profits turning out heavy losses. There was some big
selling but such pounding es there yesterday IL
really looks decline took pl4cem0gc because sy.iy-
body expected an advance than for any other reason
Wheat opened at 81 004aSl OOH, and sold down 10
0s7.c The last thing the curb was 924c The uad-
ing was heavy ard those who short little lines
generally got them IN The Adamses Jcnes ana heain
the biggest shorts" were however seng All '~y' ana
all the way dowus The news from me seaooHo was MOO
bearish II it Lad been otherwise the hsueS "o-a no'
laaly
orod,c,ea that the decrease ia the visible
supply to- morrow Will be small
Corn want down along with wheat, aud perhaps for
Aha same reason There wero no better reasons, Ger
,a,ulv. why It should drop cent. Tho receipt; wera
maI only 25s carloads. and only 81 81 these graded
No o This grain easily affected 10y the temper Of tho
DroyisIon and wheat crowds. which oearish to-
day Corn sympathlzsd Thore is less outside support
for the grain than would be expected from tho
stories ri VI universal bDlshness among the farmers
IL looks tonight "a II the raidng OF provisions had
ceased May pork was down Of one time this forenoon
10 Sl7 AO 40 per barrel under the top figures of last
week Tonight cosed strong at Sl7 ca or 27i3 cents
above the bottom igures The trading to-day mod
crate The big llets here the packers ami manipnstos
appeared be quietly getting back az the decline tho
product that they had sod at about the top Ihs PACK
ers have gained ends by their tactics within the psss
week. They have made huge scalp, sold their popery
got back again, and In abont dollar barrsi sl
around and besides taey have lowered The price of ye
hogs at the yards nearly one-han eeut poundLa re-
suit in itself which would amply repay large sactince
In has OF course accomplished tn tss Instances
without apy sacrifice all. There are arewd provision
hrokrr who are OF the opinion that the paekers ara
demoralised loaded up and anxious but unable to SELL
This however s the view taken by the majority OF
crcnlsr Writer'S 1t Is believed that by careful manage
mani France a least 10 induced 10 her pro-
hibitlos. which would start big boom.