New-York tribune., 1884-01-15
CHICAGO MARKETS LITELY.
THE CORN CLIQUE DELIvER-wHEAT FALLs-PRo-
VISIONS HELD FIRM.


ley TELEGRAPH TO THE TRIBUSE.l
CHICAGO, Jan. 1.-THE January clique de-
vered out It's cash to-day making end Of the con
tempated January corn corner. II was delivered in
some places too at sacrifice Of interest and charges,
showing that the clique willing TO make big sacrifices
to get ready money There does not now seem to be any
possibility of this contemplating squeeze of corn for
this month or next month The schwartz Dupce Clique
is believed TO be out of the corn pit.
Has the clique made or lost money! Almost
everybody here says the latter 1t began
buying when corn cents lower than It is
to-day but continued it is supposed long after corn had
considerably advanced, taking IN great blocks at
above go and up TO 63 81. Sales made for Feb
ruary and May at these high figures but not It is be-
neved IN the same deal upon which January was pur-
chased Besides January al those excited times was at
a cons iderable premium over even May and the other
months. The verdict tonight is that Jack sturgis's
followers have been heavy losers; and
those who have a penchant 1 for figures
NV ndon6tcd fact that deliveries of cash corn were
made to-day sacrifice heavy that, unless ready
money had been in urgent demand the deliveries would
surprise is expressed generally that this clique with
able leader as sturgs should have abandoned corn,
and so good is this property that this afternoon,
although everybody knows that the January
mSpnE cnfb 5s is bid for May corn The receipts
corn ody about half to-day what were expected
only 4Gl The receipts for sunday and today were really
as II turned out 100 cars less than Saturday Only 40
per cent of to-days receipts graded.
Things were pancky to-day about the wheat pit.
The news received from New-YOrk of the post
ing there of Il large quantity of crGin and
double their efforts Enormous quantities were sold here
for the account OF NewYOrk operators One commission
man thinks 10000 900 bushels sold here for New
York. Before the May option sold down 10 07l4,
January 20 S07s Tonight thcra little rally May
closing at 9S 81 but the figures at the close were "a
a cents lower than last Saturday The feeling con-
tnues beaTish. veteran observer says sale at SS
dollar hut the shorts who have taken IN
putting II out again" Pool Co.. Irwin, orr Co.
and other large commission houses tonight are advising
customers 10 sell again. in wheat advances, and 10
sell again without advance II prices begin again TO
break away. "Blly" Murray, who a few days ago re-
fused TO give advice the market, saying with
wise look "Im out of the market and going
away" was selling wheat by the 100000 bushel
lot OD the call to-day. Tonight the feel
ing is little strong the report from WORK
that arrangements being made for the shipment from
New York of large quantity of wheat II ls also said,
however that this wheat is the wecyiy stuff which was
posted and the shipment Is made perorce because there
was other thing TO do with the grain.
Pork exceedingly strong all day, even while wheat
and going to pieces selling at one time al sub
stanti advance Tonight t closed at only 2lQQ79 de-
cline from Saturday; and lard and ribs at very
little decline. The local feeling provisions Is very
strong Armour has unquesonably complete control
here and other people have the lard bought
The packers have certainly given up the fight for cheap
Brokers who ship large quantities OF cash property
actually to-day teeaphing 10 ST. Louis Cleveland and
Cincinnati, 10 HI their ordcTs Local packers Will not
sell.