New-York tribune., 1884-01-10
ANTICIPATING Az ADVAYcE ~ WHEAE
HEAVY DEALINGS IN JANUARY coRy-THE PROvI-
SION MARKETS.
ny rrLrGRArn TO rnE rRI


CHICAGO, Jan. 9.-The signs which were
abroad night verified to-day. The little alarm
which was discernible in the shorts" about tho
wheat nit became plain this morning. Biny Murray
among the hrst 10 II II said that he himsele
claims tonight have cornered to-day 100000 bushels
OF short wheat. His purchases ran the Nay option
from 81 Ola TO OH. Then the shorts sold II down
again. and although IN the forenoon The trading was az
no time active the selling good deal more vigorous
at the low figures than the high. The bcaIish feel
ing which has been prevalent for the past fortnight,
still predomnated IN the crowd and while the big ones
were cOrnering the little ones kept putting
out MORE When wheat kept steady for an
hour more at 81 OIL and all the pounding
and selling lower the feeling became strong and
tee people who bad wheat began get uneasy On tho
call the feeling developed aud wheat sold mp 10 81 O2ls
and closed there million and a half bushels changed
hands, principally for May. Hobbs was the only large
seller The feeling the curb strong, and the .gns
tonight palmer than last night, and Indicate
strong and higher markets for tomorrow.
wheat" says Cyrus Adams, Of Mccormick. Adams az
Co.. els becoming and concentrated of late.
Since It got under 81 OF for May the longs have in
creased their lines The big and powerful shorts
either the market getting The prospect IS
for sharp rally soon" II expected that the decrease
in the visible supply which Mr.. Walkers figures will 10
is said, show tomorrow Will keep along the advance
which the "bus" are predicting, and which all the
shorts tonight stand much in fear o. Newiork aud
Baltimore II IL said selling. ST. Louis and Cincin-
natl however sent large orders TO buy. These latter
cities are getting bullish on this grain.
Arrangements reported, made to-day for the
shipment of lot OF Baltimore wheat TO New-York,
but nobody appears know why the January clique was
unquestiouaby large seller OF January corn to-day 10
much mysties the crowd 1t Il quietly getting out OK
the deal The feeling in May strong all day. bus
In January and February weak and plenty OF grain for
these months apparently for sale. On the call,
although Schwartz and Dupee were buying feebiy
Henry Warner and Lester were free sellers, and
it set down by keen observers that both Warner and
Lester were really selling for the clique. II Inquired that
not than 100000 bushels Of were sold for Janu
ary Tonight while the May option Is / 10 4 OF cent
above nights figures the January aDdfebruay are
shade lower.
have quietly been making inquiries as 20 the CONDITION or
corn al ST Louis Mr. Lake the Inspector whom they sent
there says OF the there all he believes
will inspect here There will he however, be great
delay In getting IT, Captain Phillips, OF Halliday brothers
of Cairo has had $50 OF corn on the ROAD
ever since November and has not arrived yet IL would
look little II some OF the railway magnates BAD
AN interest in the deal, for Wnlle the
grain rates from ST. Louis 10 the East have been reduced
II cents and from Chicago 10 the East 10 cents the
grain between Chicago and St. LOUIS nave not Deeh
reduced at all.
good authority says that the farmers III minnesota
have marketed per cent Of their wheat ana those IN
Dakota per cent To-day just as for the last two or
three days Armour Co. opening May PORK ana Ds
In large quantities February pork closed al Sl4 % 2
February lard AT SIS 92l2 There about $4,000 hogs
AZ the wards OF the packers were not buyers
prices were a 10 cents lower.