The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1877-05-30
Commercial.

There has been a fair volume of trade during
the past week, and, our quotations indi-
cate, prices have fiuctuated within a narrow
range.
In provisions trade has been dull through
out, though holders have managed TO keep
prices steady.
The New York Daily Bulletin of Wednesday
says:
There has been a fair export and speculative
movement in the speculative staples during
the past week, and there have been considera-
BILE fluctuations in prices, which on the whole
have resulted In a lower basis of values not
wiLhstanding the increased demand for 10 has
been stimulated chiefly and only by a decline
to an export basis. Thus about 1000 bbls mess
PORK and some 1900 to 800 tics lard have been
shipped or taken for foreign markets for
prompt or spot delivery in addition To 1900 ties
ment. The market for mess has thus settled
from SIS 309l5 As early In the week to Sl4 90
after which IL rallied TO SIS, at which IL closed
dull, the export demand having ceased Ior the
time being. There has been only a moderate
trade as a whole In future mess, although the
July option has at times been quite active,
selling as low as cash, but scarcely recovering
with It except noTninally, IL being quoted at
sIs 'r re- Hor saaoIe 10 any e1.enI
the close at Sl4 S09l4 s.. Other grades have
been wholly nominal In the absence of de-
mand, being quoted at old prices.
Beef has met with little change or demand,
and with limited supplies of all grades of
note. OF city stock there il a fair supply of
extra India mess, which is held nominally at
S26 but Is not salable at that, shippers in fact,
being out of the market wholly so far we
learn. Beef hams have sold In small lots at
e2l 5Od23 for western, while family and pack
beef have Jobbed well at all prices.
Bacon has fallen Off well as cutmeats,
both city and western, and-it is difficult TO
make accurate reductions, so neglected have
these staples been and so unsettled the market
for them. For quotations see those of regular
report Of this issue, which are revised later.
The sales for the week have been almost
wholly for city jobbing trade OF few city
meats, and . few hundred boxes OF bellies and
long clear bacon for export, probably not over
500 to 200 boxes In all of western and city.
Dressed hogs were equally dull and depressed
on prospects Of continuance OF large receipts
west and OF al2rge summer crop, and although
the receipts here were light, values declined.
Lard sold down to 30 81 for prime city, and
70 80 40 for old contract about the middle OF
the week, from which point IL rallied and
closed mp strong at 80 20 for old and - S. fer
new and ~ 80 for city. While features fol-
lowed the course Of the spot market. the June
option and spot prices keeping about to-
gether. instead OF the spot and mess pork.
The re1ners were free buyers at the current
rates all the week and took all that was Of
fered at them. that is for prime grades for the
continental markets, but the West India and
South American refiners have done little.
In the face OF all this good demand from refin-
err, however, they have reported but little
done for export In refined, and although there
have been Tumors current Of large safes of re-
LAsd tor .hc c1l!lncnt during 80 la-t .Tee-,