The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-05-28
THE INDIANAPOLIS JOURNAL, THURSDAY. MAY g. 1885

September, 376 600 bu, 81 GA 051. closing ST. o4;
October 80 600 bu, 81 054 106s closing 81. 0544;
November 4s.000 bu. $l06a a O7s, closing
ing 81. 07ss; No. spring June, 10000 bu, 92ssc
Corn-Spot easier; options opened weak, later
reacted, and closed steady; receipts 774 bu; ex-
ports. 112 205 bu; ungraded, 52a a 54sc; steamer
in elevator, "a d54sc afoat; No. white &c q Csc;
No. May, 534 53ac, closing at 53ic; June, SO
534e. closing 53sc; July, 53 53ac, closing at
53!c; August 53aa safe, closing at $3.50; Sep
TENDER, 544 a 54sc, closing at SAC
Oats were a shade better; receipts 16 $50 bu;
exports, S. Blu; mixed Western, So 040c; white
Western, AZ 45c
Coffee-Spot fair Rio firm at sc; options
higher, closing barely steady Sales, 80, 250
bags. May. 7l5c; June, 1901 15c; July,
October, 745 5Oc November, 1901 soc;
December, 1550765c. Sugar frmer and in
moderate demand; fair to good refining quoted
at 81 054; refined active and frmer; confectoners'
A, 1-l606 &c: standard A, &c; granulated
6 151607e Molasses firm; fifty test Zoe
Rye steady and in fair demand.
Petroleum steady; United closed at sole. Tai
low steady Rosin firm at $L10a1.125. Tur-
pentine steady at 32ac.
Eggs quiet, but very steady; Western, l34 %
Pork dull; mess spot, $lL so 01175 Beef
quiet Cut-meaes and middles dull; long clear
5sc Lard weak; Western steam. spot, 6700
75c; June, IS a G. 74c; July G. IS a 85c; August
6. So 695c; September, g. 9807.05c; October
7.0907 Ice; November, 711c; city steam, 6.45@
6.50c. Butter dull and lower; Western, 10017c
Cheese quiet, but steady. Lead dull. Other
articles unchanged.
CHICAGO, May 27-The "bears" we're in
high feather on Change to-day. Their predic-
tons of break in wheat, owing to the large
stocks In sight finally bore fruit and at one time
during the session prices were 3ac under those
current two days ago. The downward move
ment brought great quantities Of 'long" wheat
upon the market, and short selling was also
rampant during the day, the short" interest in
the cereals having been very largely increased.
The crop outlook was entirely ignored for the
time being, and the argument of the large stocks
here and at Duluth was employed as the reason
for decline Foreign advices were of an I'M
favorable tenor. There is still noticeable lack
of shipping demand, and the receipts continue
free The advance of British consols to par as
sisted the weakness in the markets There was
slight reaction from the bottom, and towards
the close of the afternoon board a steadier
feeling prevailed. The latest trading of
the day was / cent under yesterday.
The corh market showed greater steadiness in
comparison with wheat, though the feeling was
one Of easiness The receipts were large and
foreign advices unfavorablc. The market
opened firm, but fell back somewhat with
wheat, recovered partially, and closed lose
uuucr yesterday. lHo speculative Cfa0lng In
oats was moderate and the feeling was easier,
but at the close of trading for the day the prices
showed no change from the close Yesterday.
Provisions ruled very weak, pork declining 150
zoe barrel, while lard declined 5010c per 100
pounds.
Flour was dull and unchanged.
Wheat-The market opened weak % 1c lower,
declined &c, huctuated, but sold off toward the
close Of the regular board and closed 1sc under
yesterday. The sales ranged: May, $3.50
sec, closing at S5sc; June, S6s Ste, closing at
86sc; July, 88089ac, closing at Sc; August 900
914c, closing at 90c; No 2 spring, 85sc; No. 8
s4as5c. ~ W. '0 A' ''' : '''' Nv : A'''
Corn-The market opened firm and &c over
yesterday, declined ac under heavy offerings, raj
lied slightly and closed 0sc under yesterday;
cash. 46sc; May. 46a q 47c, closing at 465 046sc;
June, 45a ACC, closing at 45sc; July, 45sa 46tc,
closing at 45sc.
Oats-The market opened a &c easier, fuctu-
ated within narrow range, and closed a &c
lower; cash. SO a 33ac; May and June 32a a 33c,
closing at 32ac; July, 324 324c, closing at 32Ac
Rye was lower; No 1, Zoe Barley was norni-
nal Flaxseed was steady; No. l, $l.3S.
Mess pork was active and lower, prices declin-
ing loo 2Oc, and closing easy; cash. $40 500
1922 June, $10500 TO- 20, closing at $40 52a a
TO- So; July, $40 Goa 10. 82l, closing at $40 62a a
10 65; August, $l0.7001090, closing at $40. RIA
10 IS. Lard was quiet and easier 05 a orc lower;
cash, 6.47a 66. 52ac; June Gas 06 soc, closing at
6.45 @6 47ac July, 655 q 6 622c, closing at g. $50
6.57ac; August, 662a86. zoe, closing at 6.62a0
6. CSC. Boxed meats slow; dry sailed shoulders,
g. So al Doe; short rib sides, s. 5c; short clear
sides, s. 80 as 85c
Whisky firm at ST.. H.
Sugar firm and unchanged
On the Produce Exchange butter was dull and
unchanged. Eggs were easier at 11a@1lac.
On the afternoon board wheat ruled firm and
TOGO higher. Corn was irregular, May closing
&c lower and June sc higher. Oats were s0!c
higher. Pork was p 05c lower Lard was .02ac
lower
Receipts-Flour, q, 600 brls; wheat, 81, 900 bu;
corn, 39O,0O0 bu oats, 33l, 900 bu; rye, 5000 bu;
barley, $4,000 bu. Shipments-Flour. 1900
brs; wheat 1884, 600 bu; corn, 147, 900 bu; oats,
zoe, 600 bu; rye, 1900 bu barley. 600.