The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-11-24
NEW YORK AND CHICAGO.

NEW YORK AND CHICAGO.
|
Yesterdays Quotations on Produce at the
Two Great Centers.
NEW YORK, Nov. % -Flour-Recepts, 1870
bris; EXPORTS 2,313 brls. $500 sacks. Market
quiet and steady. Good to choice Western and
State, $405.6O common to choice white wheat
Western extra, $685. fancy white wheat
Western extra, So. 3005.60
Wheat-Receipts 12l. $50 bu; exports, IS, 140
bu. Spot lots, a0sc lower. Options declined
101sc, closing steady, with reaction of 0sc.
Sales, 5000, 900 blu futures. 73, 900 blu spot. No.
spring 95c ungraded red, s94 O 92c; No. red,
96ac in elevator; No. 1 white, CSC; No. 2 red,
December 90 096sc, closing at 95ac; January,
9709S4r, closing at 97ac; February, 990$ ST. O0s,
closing at 99sc; April 81. e2s a O3s, closing at
ST. O2ss; May 81. 040L054, closing at ST. 04a; June,
$40 0LO64, closing at $l.O5a
| Corn-Spot lots q &c higher; options opened
0sc lower; later reacted s0ac, closing steady.
Receipts, 256, 100 Blu; exports, &C., GA Blu; sales,
l,288 600 bu futures, 16S 900 bu spot. Ungraded
on 54c; rejected. 39c; understandable, 2904Oc;
NO 3, 40 @46c; steamer, 81 q 52ac; December. 49k
030c; No. z 54 "a in elevator, So 055sc ahoat;
steamer yellow, 53c; No. 2, November, 81 05 sac,
closing at 54c; December, 53s Q53ac, closing at
53ae; January, 400 a SOC, closing at 5Oc February,
49, @49c, closing at 49c; May, Az 04s4c, closing
at 4S44c.
Oats-Cash. 1850 higher. Receipts, 7,45O
bu; exports, 99.907 5u. Sales 780 900 ou futures,
900 bu spot. Mixed Western, 30 037c; white
| Western, Al 043c.
| Hay steady, demand fair.
Coffee-Spot fair Rio dull; options a shade
lower and fairly active. No. Rio spot, 6.70c.
| Sales of 31.500 bags; November G. soc; Deem
ber 6 IS 96 65c June, 665c February, 6.7Oc;
| May, g. n az. SOC; April, &c., May SOC. Sugar
| firm but quiet; centrifugal, &c; refined steady;
confectioners A. 81 06sc; granulated, &c; cubes,
| 6s 07c. Rice firm with fair inquiry
Petroleum quiet; United, 91sc. Tallow steady,
Rosin dull at ST. 02a a Oh. Turpentine steady; 38c
| asked.
| Eggs firm and demand good Receipts, 3,57S
| packages; Western, 26 027c
Pork dull and in buyers favor; mess $40 0102 %
for inspected, Beef hams steady. Tierce beef
nominal. Cut meats firm; picked bellies, So oslo.
| Lard, 203 points lower; Western steam, 6.52ac;
November. 47c; December. 6.43 a G. 44c; January
656c; February, 6.64c; March, g. II a G. 73c;
May, 6.S006SSc.
Butter steady and quiet Cheese quiet and
| unchanged. Lead firm. Other articles I'M
| changed.
CHICAGO, Nov. 23.-The ''bears" in wheat
had an inning to-day, helped by outside nflu-
| ences, chief among which was the petroleum
| panic. The local crowd opened the market at &c
lower on heavy cables and a rumored increase of
| 5O0 00O IN the visible supply. For a while De-
eember hung about 89c, but as stocks began to
fall off and news of the panic ir petroleum be
gan to come in, the market assumed very weak
| tone and values settled down to the lowest point
| OF the day. About 1890, December was heavy
at S7ac, or &c lower than Saturday. A.number
| OF the larger houses were sellers, and it was
stated that considerable long" wheat was forced
out .,s owing 1 to expiring margins Toward
vanced to S6c, the better feeling coming from
restoration of confidence in the Eastern markets,
no failures being reported though earlier in the
DAY number were expected Fears of
larger receipts and increased movement
IN the Northwest occasioned some of the sell
ing. In the afternoon the tone was considerably
stronger. December closing at 8S4 as $3.50, with
the latter freely bid on the curb. There was
close bond of sympathy running through all the
markets. Corn declined rather sharply. The
market was firm early in the day. but later broke
| off rapidly on free offerings, influenced by the
| large receipts estimated fer to morrow, and
there was scarcely any shipping demand, the
ADVANCE In rail freights cutting off the demand.
November closed 1sc and the year &c lower
than on Saturday, the distant futures not show
ing so severe depression. Oats ruled dull,
with prices shade easier. There was fair
cline of 50 &c, followed by rally of 12a 015c
Prices receded u 1Oc later, and closed steady.
Lard exhibited very little change.
Flour was dull and unchanged
WheaI opeueu &C lower, IelI OH sc ad0ltlonal,
rallied &c, declined 14c. huctuated and closed
Isc lower than on Saturday. The sales ranged:
November, S7s a 88ssc closing at 87sc; December,
81a S9c, closing at size; January SS4 a &c. clos
ing at 8Ssc; May. 944 q 95sc, closing at 949c; No.
spring, 1873 q sac; No. spring. 60 a 73c; No.
red, 92c; No. 3 red 78c
Corn ruled steady, but subsequently fell off
rapidly on rumors of large receipts; November
declined lac and closed 1sc lower than on Satur-
day; the year declined 1Ic and closed &c lower;
cash. Age; November, Az 043Ic closing at 42sc;
the year, 4O1 04lac closing at Ale.
Gas were dull and easy: cash. 28c: December.
% Este, closing at 2Sc; May, 310313c, closing
at 31c Rye wa, qSiet; No. 2, &c. Barley was
steady; No. 2, &c.
Flaxseed was lower; No /, $112h
Mess pork opened 5 go lower, rallied 1910
$88 40 for old, and So 87a % 10 for new packed;
December, So. SIS a 80, closing at 49, 90; January,
So. S2a 01O, closing at $9900792a. Lard was
quiet and unchanged; cash and December, g. Is a
g. l73c. January, 06.27ac, closing at 6,22a0
g. Zoe Boxed meats steady; dry-salted
shoulders, g. 80 g S5c; short-rib sides, 400 05c;
short-clear Sides 5.200525
Whisky was steady at 81. 15
Sugar was quiet; cut loaf, u 07sc; standard
A, 6sc; graduated, 6sc.
On the Produce Exchange butter was steady
and unchanged; creamery IA % 24c; dairy, 12J0
1Sc. Eggs, 49, 020c.
Receipts-Flour 1900 brls wheat, 4s. 900 blu;
corn, 1876, 900 bu; oats, 128 600 bu rye, 5000 bu
barley, $4,000 blu. Shipments-Flour 38, 1000
$4,000 bu; rye 5000 bu; barley SO, 600 bu
On the afternoon board wheat was stronger
and a &c higher. Corn was s04 c higher Oats
were L. HIGHER. Pork was Zoe higher Lard was
| .02lc higher.