The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1885-03-25
CHICAGO MARKETS.
Opinions as to the Future More sadly
Mixed Than Usual.
specisl to the Sentinel.

srecial to the Sentinel.
CHICAGO, March u.-It has not teen week OF
heavy business in the speculative markets on
Change. though values have nuctuated actively
within fair range. The sudden stoppage OF all
war news and consequent lack OF excitement on
that tcore seemed to take away all outside inter-
est in the grain markets. The boys, too. dislsked
10 come down from talk OF big conflicts and blood
splitting 10 simple weather inuuences, and these
seemed to be all that were left to figure on.
Hence the opening was characterized by gradual
settling back Of prices, caused more by neglect
thsn any thing else. Later, however, when the
visible supply increase was found 20 be consdera-
bly, fellow what had been estimated, many
shorts took a cover ard there an
easy rally. though when the immense
stock now in sight ana the rearness OF
the new crop are considered. it is
hard 10 see what possible difference q few thou
sand bushels one way or the other could make
since then there has been no decided change in
quotations, the ADVANCE or decline of each day
being generally wholly or nearly wiped out By
the clote Of the session, and the values now are
very near the figures current week ago.
In regard to the future opinions are even more
badly mixed than usual. The bulls place good
Zeal OF dependence On crop seares. bat damage
ence, uncontradicted reports of the most I'M
favorable character are being constantly received
from ell parts OF the country, and yet the market
responds but slightly. Operators see to think
that even If this should be short crop there will
be grain enough left over to supply needs, espe-
Cally as there seems no prospect OF the usual
brisk spring demand. Prices aEe low. bat low
prices do not stimulate demand. aud the load
is a heavy enc TO push uphill without it. Moth
ing but considerable revival OF speculation,
with some strong local parties ssleaders, can move
il very high.
Corn started out quiet as ever, but Tuesdays
large and unexpected increase in the visible sup
ply. as compiled by secretsry Stone, cauie1 a
sharp break. Receipts had been light and the
cash demand good, so that il seemed impossible
that srch large quantities could have gone in 10
| stcIe Hence, when il was reported that some
! - 81 million and half bushels which,
90, lie road to consuming points, did not
II II The statement. bad been included, tho
| bulls look courage. Thus there has been grad
| VA return OF confidence, and prices have slowly
| erept back 10 the starting point Wallace has
been the most prominent buyer OF futures but
| there las been heavy purchases Of case stud for
| shipment right Along.
hay products dragged along during the early
| part of the week and seemed TO invite short
| salts. The crowd, however. believed this was
simp a Iuse of the packers to get cut sufficient
| lines 10 make squeeze profitable. determined
not to be caught. 30 they bought and usual
| pit always do Toward the close Of the week
pori and instead Of giving support the packers
used every effort to dop-esS Il. Ali the little fry
| were shsken cut. and the food Of small parcels
held on shoe string margins carried the market TO
aconside:ably lover Level. Now the gOssips again
bsve il thai this is surely the last shake oug be-
| fore good bulge, and many arc edsing back on
| the "long' SIDE.