The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1885-08-26
MARKETS BY TELEGRAPH.
Produce Markets.

Produce Markets.
'F'NAGO. August 24.-The wheat market ap-
l,..t, 70 be on the verge of panic this morn
Ing. The heavy decline Saturday was followed by
a feeling of great depression this morning and
the market opened full cent lower than the
close on the regular board Saturday followed hv
a still further decline, following the lead taken by
the New York and 81. Louis markets. Sellers were
in the great majority and the pit was flooded
with seeming orders, shorts appearing to be about
the only purchasers There was a rally of 1c from
the bottom prices when the report Of larger re-
ceipts at st. Louis started the market down again.
when II was aided in its course by some very Wig
OrOus hammering by bears. The selling was gen.
eral, and on very large scale, one of the moving
causes being the expectation of another large IN
crease in the visible supply. The price of OctO-
Der was driven down 10 s0izc and the finish on the
regular board was nearly at inside prices. There
the market was carried up 1c closing rather firm
considerable wheat was placed on sale owing to
exhausted margins, but notwithstanding
kind were reported, and there was
toward the close, considerable buying re-
ported Tor the long accounts. The corn market
was active and unsettled The opening was weak
influenced SOME by the decline in wheat but
cool weather and frost in the North the market
became very strong, September advancing 1l4c:
October, re. and the long futures 5s@1c. fell
saturday. There was brisk trading in oats The
August option advancing &c at opening. but fell
back 5sg1zc and closed steady; the other futures
were somewhat hrmer. Provisions were noder-
ately stronger; mess pork advanced 20@221Sc. sold
on lZH@lac, rallied 11aGlOc and closed steady.
Lard ruled a shade hrmer. FlOur-Dull and I'M
changed, purchasers holding of. Wheat-Active,
but very nervous and unsettled. The market
opened l@114c lower, rallied nc, but sold off
rapidly again and closed l1Zc under Saturday;
sales ranged: August, 77$4@ 7954c, closed at 79c;
September. 7s74@7954e, closed at SIC; october,
S01I@S2c, closed at sO3sc; November. Sl5SdS4lsc,
closed at S2s4c; No spring, use: No spring,
lie: No. red S41SdSjc: No. 3 red, 79d79ISc. Corn
Opened weak, influenced by wheat, but reports
OF frost imported great strength to market. sep
TENDER, advancing l14e and October, sc, reached
somewhat and closed SsG54c higher for the nearer
futures than Saturday; cash, 4i54@441sc; August,
49, G45c, closed at 447sc; September, 4i@4514c,
closed az 4sc: October, 4214G44c, closed at 435c;
November. 391894 05sc, closed at 4Os4e Oats
advanced &c, reeeeded 5Salsc and closed steady:
cash, 2619c: August 26d27e, closed at 261sc: sep
tember 251Sa241fc closed at 24<4c; October 241sc,
seed-Easier; No. /, 81 10. Mess Pork-Sold active,
and prices advanced 20@22c, early receded l21Zg
II, rallied 71Ealoc advanced; closed steady;
cash. IS 623l@s %; September. SIS 579s IS,
as S7%, closing at S. SOFAS s5I%
LardZfairly active and steady: prices advanced
2IZ@5c, fell back 21lc, and closed steady; cash
So 172z@6 20; September, So 15g6 20, closed at
Sc 1895 20 October, So 2OG6 25 closed at 80 2214d
%. Boxed Meats-Steady; dry sailed shoulders
s4@4 % short rib sides, 50 4595 SO; short clear
On the Produce Exchange: Butter-Ruled steady;
creamery, lG@l9c; dairy, llGl6c. Eggs-Firm at
lOI@llc. Receipts-Flour, 1000 bbls.; wheat,
1900 bu.; barley. G,OOO bu. Shipments-Flour,
1900 bbls.: wheat $4,000 bu.; corn 4aS. 600 bu.
oats. $1,000 bu.: rye, 1000 bu.: barley. 1000 bu,
er. Corn &c lower. Oats 1s@14c higher. Pork
71z@l71zc higher. Lard 21l@5c higher.
NEW YORK, August 24.-Flour-Receipts IS, 55e
and heavy: superfine. Western and State. s. BOA
3 co; common to good extra Western and State,
g 5oaS go good 70 choice do. 81 oO@5 2o com ON
) 90; fancy dO s. 1905 %; common TO good eX-
ira Ohio, s. 5O@5 %; common to choice extra st.
Louis 3 49, % p8tent Minnesota extra good 70
524 bu; exports, III 0S2 bu. sales, $4,000 bu OF
futures and $4,000 bu. of spot and arrive; No. 2
Northwest SIC; No. hard 9O@9lc; do. c. +. and
9l1zc; No. 8 red s71Sas7s4c; steamer No red. SSc
No. red, 9015@9lc elevator; No. white, VI 1l2c;
gciaa1sfe: closing at 9oiHc; October. Ssgssssc
closing 925sc; November 941za955sc, closing at
January, 9sk@9Ossc, closing at gslse; March
Spot firm o and quiet, sxnoS options 40 WEAK S1
sales $50 1000 bu. of futures and $1,000 bu. OF spot
ungraded, 5s@St19c; No; ?, 53t4a S SIC elevator
nominal at 5Sc; September, 52@5214c, closing at
SIC: October 5l3k@52Ac closing at 5l5sc; No
vember: 5C5Sa5l1sc, closing at 5C3se: Deem
and less active: receipts, $3.50 bu.: exports,
9s6,sOS bu. mixed Western. 27@Sic; white do,
S7@42c. Stocks OF grain in store August p:
bu.; rye, 2,l5l bu.; barley, none: malt, lis i64
bu.: peas, - 27 bu. HOpS-Quiet and nominal.
sales II 200 bags August, 6soc September 600
&c: October, 6.75c; November 6.sOc; December,
6.S5c: January, G90c March, &c. Sugar-Quiet
and steady; refined barely steady; cut-loaf and
cubes, 6;4@65sc. Rice-steady. demand modsr-
| ate. Petroleum-Firm; United closed at 81 02ts.
Tallow-steady; sales. 5000 lbs at SC. Rosin-,
fair; Early Rose 3 6O@2 so; NOrfOIk, 9 25g2 %.
| Turpentine--Dull at SC. EggsrFirm, lair IN.
quiry: receipts, 3lS7 packages Western fresh at
| I4@i41zc. pork-steady and moderately active.
Mess-spot, SO 25@l0 50. Cut-meats Steady
| ali So picked shoulders, a IS. Lard-Moder-
ately active: Western steam, spot s. 20; Septem-
| s6 5Oa6 y: December Sc 47@6 50: city steam,
| Sc 40 Butter-Firm and in fair demand; Western,
/ 9@22c. Cheese-Quiet and barely steady; Western,
| fiat. 4@64e. Lead-Dull. Other articles un-
ST. LOUIS, August 2l.-Flour-Dun but un,
Shsnged ybs declined e1 @ be
low Saturday, but prices at the finish were were, &c
above the lowest figures No. cash. $50 sslls
/ August ss1zc bid September, Ss1sdS91sc, closing
at SIC; october eOlfG9iaSc, closing at eOlzc: No
| yember, 92@92szc, closing at 92Zc. Corn-Cash
nominal; options lower, but after heaviest months
was higher; No. mixed, cash, 4l@42c; August,
4o1xc bid; September 4ol4@4os4c, closing at 4014c
October SsL@Sec, closing at ss19@Ss7sc; year
S2ssk@SS5kc closing at 3i5ec. Oats-tasleri NO. :
| PIC; year, 22a22Lc. Rye-Slow at 559551zc
Lead-Lower to sell; chemical hard offered at 81 4
| without buyers. Butter and Eggs-Unchanged
| Flaxseed-Firmer at 81 Hal IS. Hay-Easier
| prairie, ss@9; timothy, S10912. Bran-Quiet al
| 56m57c at mill; SIC on East side track. Cornmea
| Quiet at g. Wool-Firm and unchanged. Pro
| vIsions-slow and only job trade done. Pork.
| So 25@9 3d. Lard-s6 bid for small lots. Bulk
meats-Entirely nominal. Bacon-Long clear
| s. eOm5 aS: short rib. 81 1906 20; short clear
| SC s71IM7 As. Hams-s10@1l 80. Receipts-Flour
| 5000 bbls. wheat, 10000 bu: corn, 10000 bu
| oats e. 600 bu: rye 5000 bu. barley. none. Ship
| ments-Flour. 1900 bills. wheat, 5000 bu- corn
| 81 600 bu.: oats 1l5,000 bu.; rye. none; barley
| none.
| Al the afternoon board wheat was firm and
| higher; August, SSc; September, e9ss@ss>4e; DC