The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-05-11

market in the near future, The New York Pro-
duce Reporter says the material increase in the
consumption of wheat bread in. Germany,
France and Great Britain is admitted, owing TO
the very high price of vegetables, especially pO-
tatOes, and 1t is therefore reasonable assume
that the present large and prospective supplies at
English and Continental markets will readily be
absorbed. Stocks on the Continent, thouhs am
pie are comparatively much smaller than those
aJ English ports; hence spirited trade in July
ana August seems Qnite probable. The wheat
plant here and in Europe, it Is well known, Is
very backward, and over large areas II lacks VI
tality and Is consequently less able to overcome
the many Vicissitudes to which IL is liable ere
the middle of September. Further injury To the
crop in urOpe by frost and rust could not fail
to cause much excitement, and if there is large
short interest In any of the summer months, or
IN the early autumn, the activity and "boom"
III OHIO, Indiana, Illinois, Kansas, Kentucky,
etc. has been plowed up and used for corn and
that there is any increase in the acreage, on the
contrary il is undoubtedly much short OF last
year, and i'll no Stale are it's conditions as hope
1ul as at the corresponding time last year.
GRAIN.
The grain markets present no interesting
features Dealers show little disposition TO
trade. Receipts are light. We hear of sales Of
No. white corn track at SEC. Bids on Change
ranged as follows: wheat-No. 2 red, $1.I4 O..
t.; Mediterranean, SLY o. l.; May, $l.13 o. t.,
rejected, no bid. Corn-No. 2 white, sec; high
mixed, 80 SIC, o. t., mixed, 3lac; sound ear.
81 Ice; rejected, soc; unmerchantabe, 45o
Oats-No. white, 43lae, o. t.; mixed, 42e o. t.
Rye zoe.
Hay-S1o. SO for prime timothy. Bran, $I3.25
o. t.; middlings, SIG. Shipstuf S13.
GRAIN AND PROVISIONS AT CHICAGO.
CHICAGO, May I0.-The following is the visi-
BILE supply of grain for May 5; Wheat, 20.7O7
600 bu; corn, 16.16s,OOo bu; oats, 1867, 600
bu barley, 1921 900 bu; rye, 1,7s4,o0o bu.
Regular wheat quiet during the greater
portion of the session; averaged lower prices,
fluctuated within range of sol lac, and closed
l4c lower for June, while July was about the
same as at yesterdays close, and August and
September 5sc higher. Sales ranged at $I.1140
Ills for May, $l13l4 0I.141s for June, 81. 1888
0116ls for July, S1.15Ss01 1858 for August,
$I.15la0I 1858 for September, $1.15l491.l69
for October, Sl.1l0l12 for the year; spring,
$I1101.1lla; winter, 81. I31201.14. On call,
sales OF L, 100000 bu at Il a 5sc higher.
Corn was only in moderate speculative bust
ness feeling weaker prices averaged lower,
fluctuations confined to range of bs9aic and
closed about sac lower for May, while June aud
July closed about the same as yesterdays close.
Sales ranged at 52%053iac for May, 54s0
SO 'oc for June, 57057Ssc for July, 5sle058Ac
for August, 507s051 lsc for the year. On call,
sales OF 10000 bu; prices unchanged tC lsc
higher.
Oats were duhnd easier Sales ranged at 4ola
04l1ec for Nav, al 81 042l4o for June, 41a %
42c for July, 35sf036e for August, 327e@33c
for the year On call, sales of 40, 600 bu at
higher.
Pork was moderately active, declined 50Ioo
early, rallied somewhat. and closed Steady
Sales ranged ut $2002o. 0 for cash 800 go 20ie
for May, S20O20.l 8 for June, 500. 20020. IS for
July, $40. Big 020.50 for August, $40 471eO
2050 for September, S17.9501 for the year.
On call, sales of 23,50o Drls at 2l907Aec higher
Lard active, .02la a .05c lower, and closed
steady. Sales ranged at IL 50 a IL 95c for cash.
II 50 oil 30 for May, 80 012.0212o for June
1902. lac for July, 12.03l9612 I0e for Au-
gust, IL 950l2e for September, 11.75c for Octo-
Der l0.90010.95c for the year. On call, sales OF
1900 ties, at .02l3c lower to .07l2o higher.