The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-06-02
THE INDIANAPOLIS JOURNAL. TUESDAY JUNE . 1885

fairly active; sales of p, $50 bags; June. $3.50
705c; July, 705 al 10c, August 1907. l5c;
September, Use; October, 730 a 1850; Novem-
Der, 740c: December, 745c.
Sugar-Dull; fair to good refining quoted at
81 al ste Refined weaker; c, 5! ale; extra c, 81
standard A, &c. confectioners A, 6s06 -16c;
cut.loaf and crushed, u a 7sc; powdered. 707sc;
cubes. u al nc. Nolasses firm; Cuba, 20ac. Rice
steady and in fair demand.
Tallow barely steady at 81 05 1116c. Rosin
dull. Turpentine steady at 33c.
Pork dull and heavy; extra prime, $40. Cut
meats middles dull long clear, DC Lard
lower, and more active for exports; Western
steam, spot 6 GA q s. 75c june 6 60c; July, g. "
06 74c; August, 80 06 SIC; September, $3.50
6.9Sc; October, 702c: city steam 640c a Acc
Butter quiet but steady; Western, ga 17c Cheese
dull; Western fat 606ac Other articles un-
changed.
Stocks of grain in store May 3O-wheat, 8, 767,-
S12 bu; corn, 800 263 Blu: oats, SO, 482 blu; rye,
210, O47 Blu; barley, III bu; malt, All bu.
CHICAGO, June 1.-The wheat market was
raided savagely by the bears to-day and with
greater success than on any previous day since
the present decline set in. early last week. The
market closes tonight cents under the latest
figures of last Friday, and cents under the
same day of last week. The excitement was
very great at times, and heavy lines of long
and short" wheat were thrown on the market.
but the bulk of the sales were supposed to be for
the bears, and the Same heavy traders who
have been prominent from the beginning were
present in the pit, Offering large quantities for
future delivery, but there was good buying tor
great, however for prolonged season
of steadiness and after a show of
strength early in the day, the tendency
was downward. Foreign advices We're unfavor-
able, and the export clearings were limited
The deliveries on June contracts were large and
this tended to weaken the market. The market
opened 101 4c under the closing figures OF Fri
day, and, under a good demand. rallied &C.
fuctuated, and sold off and finally closed on the
regular board J. under Friday. The afternoon
board witnessed a further decline of &c. The
estimated receipts for tomorrow were reported
large, and this helped the depression at the close
the feeling was very unsettled and trading
active in corn. The arrivals very large
aggregating nearly l. 100 cars, and the market
opened J a &c lower; but under the impulse of
good shipping demand, rallied &c, receded &c,
and finally closed &c under Friday. There was a
sharp demand for oats, and near options ruled
steady and closed higher, while the new crop
futures fell off fraction. The feeling through
out was steady. The trading in pork was mod
erately active, and there an advance of 100
15c early, but prices fell back and closed easy.
Lard ruled firm early, but closed shade easier.
In -four the trading very dull and the
transactions SO few in number it was difficult to
establish market. Winter wheat -four $4. 40 %
s. so; for Southern 81. 80 80; for Michigan soft
wheat, 81 1004.25 for Wisconsin, S. 80 a 80;
Minnesota bakers. $3. 5004 80; patents, 81. rs a
s. 90; low grades, 81 90 300; rye -four, So 80 %
4l0.
In wheat the feeling was very nervous and
unsettled, with lower prices ruling The mar
ket opened al &c lower, rallied &c, fell back and
closed lie under Friday The sales ranged:
June. 81 a &c., closing at 81 sac; July, 60S7c,
closing at &c., August So @89c, closing at 88c;
No. spring. 81 084ac; No. 3 spring. 5076c;
No. red. 92Ic; No. 3 red, SO 0s4c.
Corn-The receipts were large and the market
opened a0ac lower, rallied &C. receded and
closed &c under Friday. Cash, 44lc june 1870
44sc, closing at 44sc; July, 43a 444c closing at
44.c; August Al 044ac closing at 44ac.
Oats-The near futures opened &c lower, but
under sharp demand advanced SOLE declined
02c and closed age higher. The new crop
futures closed shade lower cash, 3244c; June,
81 32aac, closing at 32s 0324c; july 81 0324c,
closing at 32s a 324c; August, 27a @28c, closing
at 27ac Rye was quiet, No. 2, 68 @68ac Bar
ley was nominal.
Flaxseed was quiet; No /, 81 8.
Whisky was steady at 81. 15
Mess pork ruled moderately active at the open
ing and was 10 015c higher, but closed lower;
cash, $40 01O. 20; june $40 Is q 37a, closed at
$40. ID TO- III; July, $40 229 a 1880, closing at
$40. 22I a TO- %; August. $40 80 1000, closing at
$40. IS 01O.37a. Lard was fairly active, with
prices q 05c higher early, but closing lower;
cash. 6.35 @6 37ac; June, 6. 80 06 45c. closing at
6. 30 06374c; July, 6. All 0650c, closing at 6450
6.47sc; August, 655 06 Csc, closing at $3.50
657ac. Boxed meats steady Dry-salted shoul-
ders, 395 04.00c; short-rib sides, sos 05. lOc;
short clear sides. 5.65 057Oc
On the Produce Exchange butter was quiet
and unchanged; creamery 130l6c; dairy, 100
lac. Eggs were slow at Ii % &c.
On the afternoon board wheat was weak and
&c lower. Corn was steady and unchanged.
Oats were &c lower. Pork was 507ac lower.
Lard was unchanged.
Receipts-Flour, 8, 600 brls; wheat, 1900 bu;
corn, 37S. 900 bu oats, 27O 900 bu rye. 5000 bu;
barley, 10000 bu. Shipments-Flour, 1000
brls; wheat. sc, 600 bu corn, 275, 900 bu OATS
1900 Blu; rye, 5000 blu; barley 1000 bu.