Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1902-01-14
CORNER PHILLIPS
Chicago Board of Trade Orders
All Corn Kings" Deals
Closed.
DUE TO YESTERDAYS RYE BREAK
suit of the Announce
ment.

Chicago, Jan. 14.-Notice was post
ed at the opening of the board of
trade today calling for the closing of
all open deals of George II. Phillips.
the former "corn king"
The heavy call for extra margins
is said to he the cause of posting the
notice. The trouble is said TO be
due to 80 cents break in rye yes
terday.
Phillips is credited with holding a
line of 100000 bushels of May rye
Phillips is said TO have on his books
also from 100000 to 100000 bush
els of May wheat and about 5000 900
of May corn.
The effect of the notice posted was
instantaneous, the whole list open
ing off sharply. Wheat opened a
cent to ~ lower; corn 70 to l cent
and oats nearly n cent. Phillips
could not he seen following the an
nouncement of the closing of his
deals, but members of his staff stat
ed that he was in good financial CON
dition and that he traded but little
on his own account, as the grain for
the most part belonged to customers.
The Markets in General.
May rye, which closed yesterday
Phillips line was dumped on the
market and Armour's brokers bought
nearly all of it, the market rallying
TO 60.
Chicago, Jan. l4.-FOllOwing are the open
ing highest, lowest and closing quotations
in today's markets:
Wheat.
Jan, 779S; us; 77as; rs.
May, sOlkdsO; sll4: so; SIS.
July, 791z@s014; 81; 7e1<; sO@-.
Corn.
Jan, 6l7s; 6lss: 61ss; 6las;
May, 6fyS6t65: 65S; Gi5z; 65I4S.
July, 64964h; 6534; 81; Cts
Oats.
Jan, 44ss; 4Izs; 4izS; 447s.
May, 45104iIS; 1865; Az; ASS.
July, 4o0S9a4; 4O7s; 39zi; 4OA.
Pork.
Nav, II. e5GS Il. O5; 172n: 1885; I7I7.
July, 1907; 1907; 1907; 1907.
Lard.
jan 9.52: o.52: e.52: 952.
Nav. 9.6Oa967; az: 9.GO: 9.77.
July, 9.s2b; 9.s2b; sS2b; 9s2b.
Ribs.
Jan. s.s7; s.s7; $50; s.S7.
May, s.55GS.G5; So; $50; So.
Receipts today: Wheat IS, corn III. oats
292. Hogs 5000. cattle 6,500 sheep 1900.
Hogs left over, q 5OS.
Hog market opened strong to sc higher.
Light, S5.50d6l5; mixed and butchers, S5.S5
e16 so; good heavy, S5.95J6.55; rough heavy,
8. 95Q6. sos.
Cattle market opened slow and steady
Sheep market opened firm.
Union Stock yards. $40 a. m.
Hog market opened slow TO 56ll0c higher.
Light. S5.5Od6.2O; mixed and butchers, S5.S5
@650; good heavy, S6.05G 6.55; rough heavy,
So. O0fi6 10.
Cattle market opened steady. BeeveS,
81 900 200; cows and heifers. s.. 25d 80; Texas
steers. 5000 S4.75; stoc6ers and feeders,
a.. 35GI45O.
Sheep market opened steady.
Hog market closed steady. Light, $3.50
g 20; mixed and butchers. S5.S5065O; good
heavy, S5556L6.2O: rough heavy, S6.0046.l5.
Cattle market closed steady.
Estimated receipts Wednesday: Wheat 81,
corn 80, oats no. hogs $1,000.
New York stocks.
New York. Jan. 1.-THE following are the
closing quotations on the New York stock
So. Pacific 5sSs, sugar rs. c. S y. com. 351z
gas 100sa, Penna. l417s. b. s. o. I019i, c. Il. l. &
Il. 1875. G. NJ. & StPaul -.... Manhattan 1854
Pacific Mail 45Il. AtchiSon common 7514, W. Z.
Tel. Co. 91s, y. y. Central 1914, L. X N
lO4. b. r. Il. 6Sss. r. d. G. pfd. SOE, leather
pfd. S1Il, copper Is. AtChison pfd. 96S, U.
s. Steel pfd. g3I. u. s. Steel common ....,
Missouri Pacific 995i. Union Pacific common
100. coal and iron 6ll<- Erie common 1914,
e. 4 o. -, Wabash pfd as, tin can common