The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-08-01

steady and quiet; fifty-test 19019lc Rice firm
and fairly active.
Petroleum steady; United closed at 9s.. a 9ssc
Tallow steady. Rosin dull.
Wool was firm, and demand fair
Pork was dull Lard was dull; contract grade
on spot, CTS 0677kc; choice, sOc August,
. 13@6 I5c; September, 6.85 90c October,
D. 80 al 99c; November G.. d6.9lc; December,
+ 8? az zoe; city steam, 655 at Csc. Other
articles unchanged.
CHICAGO, July 31.-The reports from the
Northwestern wheat fields continued uniformly
bad again to-day, and it was estimated that the
prospective yield would be reduced anywhere
from 20 to 40 per cent, as compared to the estl-
mates made on July l. Some Of the kilograms
asserted that many fields were in critical con-
dition, and that continuance of the present
hot weather would completely ruin wheat pros
poets in certain localities. The market started
up on this news, but fell back on
rumors Of hot or musty wheat in the
Chicago elevators. The story that wheat
was out of condition in some Of the Chicago
elevators was given currency in a morning paper
mere, and the report was used by the bears in
their efforts to depress prices, and the rumor
certainly had its effect upon the course of the
market. The August future began selling at a
discount of from q a 2sc, as compared to Sep
TENDER, but at this difference there was free
buying of August, which in measure restored
confidence On the afternoon board, however,
the difference again widened to &c. The re-
celpts were light and shipments limited Moth
ing definite developed during the day as to
the truth of the statements concern
ing the wheat, beyond denial by
the elevator people that any of the
wheat had been injured The market closed for
the day &c lower for August, and &c lower for
September and October than yesterday. Lake
engagements for Is, 900 bushels Of wheat were
reported There was fair amount of specula-
ton In corn at somewhat lower range OF
prices, but the closing FOR the day about the
tnrl1a IrrhN ron
$4,000 bushels were reported. Receipts were a
little larger, but cash taken up quite readily
at current figures. The looked for corner in
July oats failed to fnaterialize, and the market
collapsed. There was 2-cent decline from the
inside quotation of yesterday for July, and the
market closed with free sellers but no demand
The receipts were large, and are reported large
again for to morrow Provisions ruled shade
stronger early, but fell back and closed tame
Flour was dull and unchanged.
Wheat was unsettled and nervous, owing to
dlsQuletlng rumors as to the condition of the
wheat in store, and the market generally ruled
easier, closing 30ac under yesterday. Sales
ranged: July, S6s 87ac closing at 87c August
87@S7sc. closing at SIC: September, 894 0907c,
closing at S9sc; October, 9ls 923c, closing at
9lsc; No. spring, 87dS7ic; No. 3 spring, SOC;
No red 90 a 93c; No. red, Sic.
Corn ruled fairly active and shade easier
but closed Well up to yesterday Cash, 45a a
453c; July. 454 45Sc; closing at 453 @45sc;
August 454 a 453c, closing at 45!c; September,
45s a 45sc closing at 43sc.
Oats-The anticipated corner In July oats did
not materiaize, and the price for that option
closed &c under yesterday, the other options
ruling steady. Cash. 26c; July, 26 q 26c, closing
at 2G4c August, 253 25sc, closing at csc; Sep
TENDER, 244 a 24sc. closing at 24sc.
Rye steady; No g oslo.
Flaxseed was steady; No /, ST. 231.
Mess pork ruled 507ac higher early, but fell
back and closed steady. Cash, $101001 20;
August $40 05 10, closing at $40 OF % 10 TO-
September, $40. 10 a 10 224. closing at $l0.I50
l0173 October, $40 22a 10 3233, closing at $40 25
010274
Lard was steady. Cash. 6.5006 52ac; August
g. 5006. pic September, G. SO a 62ac, closed at
6574 a g. 60c October, 6.65 6 zoe, closed at g. 65
d6.67ac.
Boxed meats firm; dry-salted shoulders, 425 a
45oc; short.rib sides, 5.G2a 5674c; short-clear
sides sos a g. l0c
Whisky was steady at ST. Is.
Sugar was unchanged.
On the Produce Exchange butter ruled steady; |
creamery. 10 Else; dairy, u l3c Eggs steady |
at lie
On the afternoon board wheat was 5c lower |
for July and August. Corn was nc higher. |
Oats were a &c higher. Pork was unchanged. |
Lard was .02ac lower for September
Recepts-Flour, s. 600 brls: wheat 46 600 bu
corn 1875 900 blu; oats, 1871 900 bu: rye, 1000 bu;
barley, 5000 bu. ipments-Flour, 1000 bris;
wheat, 10000 blu; corn, a. 600 on: oats, 171,000
bu; rye, 1000 bu; barley, 1000 Du.