New-York tribune., 1884-01-23
MARRETS STEADIER IN CHICAGO.
PRICES FIRMEE-CoNFIDENcE GRowING-LARGE
PURCHASES.
rRY TELEGRAPH To THE TRrBUSE.l

PRICES FIRMEE-CONFIDENCE GRoWiNG-IARGE
PURCHASES
my TELEGRAPH To THE TRIBUSE.l
CHICAGO. Jan. 22.-The good feeling existing
IN speculative circles last night continued this morning
The markets we're duh frm and one reason was nat
tbe stock market az NewYork reported, by those
watching It. duh and armer. Both corn aud "hett
ooened at the figures which ruling last night May
wheat began 97 cents at $3.50 a IN lt closed tohhI
on the curb at 97s cents bid No great advance 10 DO
urJ but not be snied at either when II Is Ieme'n
bAed that last Friday this same property was going
begging at 95l2.
Nav corn opened at 57s cents. It going tonight on
call at 5sls cents Th'se closing prices are almost the
highest OF the day The advance today was begun almost
al the start by report that the receipts OF corn woud
ne comparatively small. The inspection office has and
maintains valuable perquiste. The receipts are esu-
mated ,noroximatey and the approximations are near
enonob 10 he of great value BY 10 o'clock this nforma
tion "a ,old To-day 1t known on the boor at ~
o'clock by tho people who are clever enough TO pay LOT
good things that the receipts OF corn "ouu oc s"a
Those vino had the Information traded on IT, An hou or
so after the privileged few had made their purchases he
.siuts were made public property. Sure enough they
were smaller.
There were $40 cars OF corn, and l29 No. g There
were received last Tuesday 800 cars ana there Were
over 400 No 3 The figures to-day are pretty goou sign
that the receipts OF at last on the wane tnat Tue
property headed this way I'LL up the January clique
This has all arrived and the extraordinary efforts 70 get
cash corn here this month have ceased the clique having
dsbauded now The bears say that the fallng OH
ia receipts which they oOncede is likely to take place
will be due not TO any lack of the gran but 10 he l@c
that the Chicago Burlington and Quincy the Chcago ana
Alton and the ST. Paul now declare In theT ollS
of fladinC that they will longer guarantee TO ther SID
ner. warehouse room at Chicago. The ChcagO burning
ION and Quincy inserted this provision to-day. -, -,
IL looks rs wheat and provisions Were on tno
grade Messrs. Poole, Kent Co, VINO Weie snonE se
largest sellers up to few days ago. are now Ie
BUYERS OF wheat and 1t IL set down that tner
none other than sid" Kent. The popular view ol % tl
featnre Of the DAYS trading 10 illustrated lalFiy
by this remark Of trader, HiI VEL zen viii
buvng; that settles the matter MheH,t oNdl Nh !
90 70 dollar; for with Kent, whether ne TAXES ~
OOO or 10 900 600 bushels, tt VIII MAKE NUS NJ
Hobb. wa, buytng wheat all day. end 80 was ~ a. nai
~ Co presumably for Rausse, the Iieky
Lester K Co were the only people seilnlg III ols az
thev are selling apparently heavily anu doteFnneu
"A ever on the call MAR was seller hooos coh'i"ou
| his purchass.. and Lester was still sehhg, ~
| 'r6e nroysion inen buying corn al uHy' h1L
vaneP was taking in $4,000 and $4,000 bushels lots,
were also buyers The trading on tne Ssn Was a 49,
| 100000 bushels or wheat anu o'''"V" ~ ~ ~
| Hogs we're Re and higher at the yards win zOOOo
head in and one1uarter OF them taaeh oy smpPols .
pces advanced 10 cents The hest grade OF heaVy pack
ers -od today at 4O not much nke the lor cent
the packers were predicting AT the outset fe9IudIy
pork closed at SIS 079 February ru - W; ~ auN
aver snriay OF 30 barrel for the torner ana
cents Der hundred latter. The feens about n'
| provision pit Is verT strong