Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-01-29
MARKETS BY TELEGRAPH
NFW YORK.


NEW YORK. January 2s.-Flour duh and about
steady. southern -four steady but dun Wheat
dull and lower, closing steady; No. req store
and elevator, 59a10 C.; aiioat, tHsaoVc-' OBJ
tons opened heavy. declining lal@sc with Tue
West and on local realizing. advanced Lave.
on covering. and closed steady no lSaisc. under
yesterday, with fal.ly active trade; no. geo,
January, GS3tc.; Pc ruary, fte.; MAY, Sl'sc''
July, S27Lc. Corn dull, Tut trm AMI scarce
No. -, 55ilc IN elevator; J6-4c. suOat; I'M
graded mixed, ODE; options dechne1 tsa'2'',
rallied 3ea5sc., aud closed str nS and unchahSri
70 nc. up, with trading light; January ana
February, 5Jtic.: May, 81 &C. Oats dun but
rrrner: options firm and quiet: Jannary'
3SI4c; February. 3Siac.: May. 391ac.; No. .,
Chicago, 3734c Wool Ia good demand ana hrm
domestic fleece 21a:}ec.; pulled, 2Oa3fc. Beef
oniet and firm. Beef hams lull bnt firm at 2lr.
Ticrced beef quiet and firm. Cut meats ddll
but firm. Picked hams lfal 4lRc. Miiies
auiet ami easy. Lard dun and easier: western
steam closed at sl.lS; refined quiet and steady.
Pork dull but steady. COtton-seedO OIL scarce anu
higher: crude, 5Oc bid; yellow. sc. Potroleum
quiet and steady. ROsin dull. lurpentne duu
bur steady 33i6a34c. MoasseS-tOreign nomi-
nal: New Orleans, open kettle, good 10 cholce'
fairly active aud nrm. Peanuts quiet. Coffee
Options opened irregular, points down TO ~
up and closed steady, Jalj points up Janl-
ary. s1G2jaSl145; March, slb.f0asiN'S''
May, sl6.45asId.55; DecemoeT, sl SID.
Sugar-Raw firm but dun. ireights dul ana
weak; cotton 0-0id.
CHICAGO.
CHICAGO. January rs" Is it n shake ont or n
scll ont 2" was the burning question to-day ON
tho Board Of Trade. Tho wheat market nj the
start was excitoi and wlli on rumo"s that the
big Cudahy clique was about 20 dump ia big
holdings. The rumOr hal us origin IN the s'ory
that Cu1ahy brokers had bought from 1,uoV'Ouo
To :, 600, 900 puts on tho curb, and the con'lu-
sion was Jumped AZ that tho clques wheat would
be for sale today. Everybody seemed 70 hayo
wheat for sale AZ tho tapof the bell. Longs maze
haste % unload before the bottom went OUT anu
short sellers were franti, 20 get out their limos
NefOrc the great break should come ON. In the eN-
citefnent tho market went of. when the iiquida-
ton having been very thorough, there was
halt. and tho painting ira lcrs stopped % take
breath. But their seltcOmpllrency got sud-
den shock, when nearly dozen brokers OF the
clique Jumped into tho pit and took ala inc
Whoat offered. Tho revulsion in eentimont WAS
instantaneous. Men looked AZ each other IN be-
WiI8rmeuf, and shouting "trcked again.
rushed % buy back what they hnd reckle-sly
soil bat few minutes before. There WIS au-
other scene ~ Will confusion, AMI "A raiy 81
lt.c. The tumuit continued throughout tho
dav. sentiment fuctuatinG with each new ru-
NOR, aud a. tho close the crowd WA SIM m DOUBT
Souo declare that Il ~ scuryy trick on the part
Of She clique 10 create panic ami ENABLE u 90
buy another blg line of cheap wheat, a. II h91
SDll out the larger part Of tts holdings on yes
terdny- bulge. A fanciul story was current
purportiuc 10 explain the whole secret. Cudahy
vOt bqck from Cincinnati yesterday with very
ful Of pneumOuia. and having q large amount ut
wheat ne protected by pats. To-day he was
better. and his huil lH-tincts Wcro uppermo-L
Partridge took the lead m tho trading ana OLE
fered wheat in the last hour Of the tradl <
in such enormous quantities that tho - ifiL
OF the crowd was again broken. The mar
ket ruled leyerish and Irregular toward tn"
close, leaving OF &c. tom the bottom, or lfl -.
under tho price co-ed NJ yestcrily. corn nni
OATS averaged strong hut quiet within narrow
range and wound mp S. under their respective
closing values on Fudty. Provisions, after an
early decline, started up and closed strong. Nay
, pork reac hing TIE sensational prico Of ~ Dat-
rel.
Cash quotations: Flour somewhat unsettled
ami dull: winter patents, SA6OaSl: do.
straights, S3.2OaS3j0; spring patents. SO. l'a
$40; 80. spring wheat Ike; No. rod
12loc. No 2corn, 4ii,c No . oats, O3it5lc.
Pork. SIS37loaslS.JU. Lard, gll6J. short
rib sides. BIZ .3OqS 1910. Dry-salted shoulders,
/ sgS1loaslO short-cicar sides, SlO.6OatIO.OJ'
Whiskey, Sl.3j