The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-09-05

futures. I9S. 900 bu spot: No. 2 Chicago, 81 SIC,
No. l hard. 90s a Gle afoat, 904c f. 0. b.. 903c C.
f. and l.; ungraded red, 81 90c: ungraded red c.
+. and l.. 92sc; No. 2 red, 91091sc in elevator;
No. l white, zoe: choice uneraded white, $1.00;
No. 2 red September. S95 a Ole, closing at 9Oc;
October, 915 O925c, closing at Ole; November,
93Q944c, closing at 93sc; December, 95096sc,
closing at 95c; January. 96s 09S!c, closing at
96sc; February, 99c a $L01, closing at 98sc; May,
LOB 0L04s, closing at 81. O3tt; June, $l.O5:
Rye was dull and heavy; Western, 60 062c.
Corn-Spot lower and quiet; options opened
a shade better and closed heavy. Receipts. 49,
100 blu; exports, IA, 799 bu: sales, LOSS, 600 bu
futures, 156. 900 blu spot. Ungraded, 491 a 5lac;
white. sic; No. l white. 55c; No. 2 September,
494 a 50sc, closing at 491c; October, 49s 5Oac,
closing at 49sc; November, 49, a 50sc, closing at
49sc; December, 4s04sac. closing at 48c; May,
48c.
Oats were fairly active. Receipts, 168, $50 blu;
exports, none. Mixed Western, "a 32c; white
Western, 34c. Demand fair.
Coffee-Spot fair Rio barely steady at s. 08sc.
Options lower and active, Sales, 30, 900 bags.
September. g. so a 6. S5c; October. 6.60c; Novem-
Der, 6o006. Soc; December, 6.85 06. 90c; January,
6.9Oc; February, 70705 March, 705c. Sugar
firm and in fair demand; fair to good refining
quoted at ; 7-l60 30 GIG; refined frmer at 81 054c;
extra o., 81 6sc; white extra c.. 63 064c; yellow,
4s 05sc; mold A, 6sc; OFF A., &c; c~ut-loaf and
crushed, u &c; granulated, &c; cubes, 707sc.
Molasses quiet. Rice firm, with fair inquiry.
Rosin steady. Turpentine steady at 349 035c.
Eggs firm and in fair demand. Receipts, 1,754
packages.
Pork was firm, with fair inquiry. Mess, $40
@loo0. Cut meats steady; picked bellies, 60
6sc.. Lard opened a shade better and closed
weak. Contract grades, spot, 6. so % 6 529c; Sep
tember, 6. Acc; October, 6.5006. SIC; No
vember, 6.47c; December, 6. 45c; January, 6. 524c;
city steam, G. 40c.
Cheese in better demand. Other articles un-
changed.
CHICAGO, Sept. 4-Wheat touched the
lowest point of the present crop year to-day.
Under very heavy selling for local and outside
accounts the market opened steady, at 61sc for
October, but before the day closed had sold off
&c and the latest trading was nearly at the inside
figures. No particular cause was assigned for
the weakness beyond the assertion that the
milwaukee crowd" as it is termed, and a
number CT other heavy outside operators, having
become tired of their holdings On the "long' side
OF the market. threw them overheard, and as a
result the market became heavy and sank
under 1t. St Louis was first to exhibit signs of
weakness, and sold off nearly &c before the
market here began to respond, and when it once
became headed downward it sold off very rapidly.
The hurried decline brought out a great many
small holdings In cases where margins had been
exhausted, and this served to materially increase
the weakness. From 1850 for October, the mar
ket dropped off to 794c, with scarcely any trans
actions, although around the figure eighty
lOO'e00 lots were bought and sold
lOi Vic ldSJ UOWQWarQ rush Oegdn.
The feeling was quite panicky for
a time, but became steadier in the afternoon,
although very little in the shape of a reaction
was noted. The receipts continue small. but
the export demand was declared to be very
slight, and this was used as a weapon by the
bears to hammer prices. The close in the after
noon was fairly steady, about 12c under yester-
days closing figures. There was good specu-
latlve trading in corn, and the feeling was
stronger, induced by fears of frost, which in
duced a good many shorts" to cover. Prices
advanced a sc and closed ] a &c higher than
yesterday. The oats market opened firm, with
corn, reacted slightly and closed steady. Pro
visions were in better demand and ruled a trife
frmer.
Flour was quiet and weak. Prices ruled a
shade lower. Choice and fancy winter wheat
filours $4.S505 %; choice and fancy Michigan
and Wisconsin,, $4.5005; patents, So so;
Minnesota bakers. So. 40 al 20; soft wheat, spring,
So 30 04; low grades, 81 rs 8; rye flour, $3.50
$50. s.
Wheat. ruled active, but weaker. For.
eign advices quoted dull and weak
and the influences were generally of a
weakening character. The market opened a shade
stronger, quickly sold off ac. improved &c, weaken
&c ana declined 10 a point 1ac under the opening
outside prices, fuctuated and closed lie lower
than yesterday. Sales ranged: September. 7720
I94c closed at 77ac; October, 794 08I4c. closed at
l9S 0793: November, 81 a S34c, closed at Sic;
december, S3s 0S5c, closed at Sos $3.50: May,
9l4 @93c, closed at 9l4 09lsc; No. 2 spring, 774c;
No. 3 spring, 693c, No. 2 red. nominal; No. 8
ed. rs 079c.
: Corn ruled frmer. On fears of frost, prices
advanced / a SC, reacted and closed / 0ac higher
than yesterday. Cash, 43043ac; September,
43 043sc, closed at 43sc; October, 4la0424c,
closed at Az 042c; November, 39s 040sc,
closed at 39aa a 1890.
Oats ruled firm and higher early, but reacted
and closed steady. Cash, 242c; September, 244
024ac, closed at 243 @24sc; October, 24aa q 24sc,
closed at 24sc; November, Csc.
Rye steady; No. 2. 569c.
Flaxseed steady; No. /, $1.2001.20a.
Mess pork in fair demand and frmer; prices
advanced 10015c. receded u a 1Oc. and closed
quiet. Cash, S. g. so; September, $50 $50
a7O: October, So. 70 8 80. closed at So. 70 8. 721;
November, So. 67t as. til, closed at S .674 08.7O.
Lard was Quiet. but steady. Cash and October.
G. 229 d. 25c; November, 6 17a 06. zoe. Boxed
meats steady; dry-salted shoulders. 3.S5 a 3. 90c;
short-rib sides, 5.S73c; short-clear sides, us a
6. zoe.
Whisky was quiet at 81. IL.
Sugar was frmer. Cut-loaf. 7sc; granulated,
TIC; standard A, 64c.
On the Produce Exchange butter continues
firm; creamery, 10 02lc; dairy, 12017c. Eggs,
144 a 15c.
On the afternoon board wheat was easy, and
404c lower. Corn was ! a &C. higher. Oats were
&c higher for October. Pork was 5 1Oc higher.
Lard was unchanged.
corn, 2S8, 600 bu; oats, 165, 900 bu; rye, Is, 200
bu; barley, 49, 900 bu. Shipments-Flour, 1000
brls; wheat, q. 900 blu; corn, III. 900 bu; oats,
176, 900 blu; rye, 2, 900 blu; barley. 1000 bu.
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