The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-05-24

Il
NEW YORK AND CHICAGO.
Yesterdays Quotations ON Produce ct the
| Two Great Centers.
| NEW YORK, May 23-Flour in buyers
favor. Receipts, l3473 brls; exports none; com
mon to good extra Ohio, $35O05.65.
Wheat, &c lower; options closed firm at the
decline Receipts $3.50 bu; exports, "a, LOG
| Blu: No. Chicago, 96c; No 2 ungraded red S8c
@$1.l0; No. Milwaukee, 979c; No. Mil
waukee c. l. f., 95a 96c; No. hard, $L04a;
No. red, $l.04sc:, No. 1 white, 81. O2ac; un-
graded white $l.06 No. red June,
sales of 232, 900 Blu, at ST. 2a 02s, closing at
ST. 02s; July sales of $780, 600 bu at 81. Oh 04s
closing at 81, 044; August, sales of $4,000 bu,
at 81 O5s 0106 closing at $lO5a; September,
sales of zoe, 900 blu, at $1.O7s a1O7a, closing at
$1.O74; October. sales of "a, 900 bu, at ST. 08s,
closing at $10Ss.
Corn 30sc lower closed steady. Receipts,
$3.50 bu; exports, 81 .9l3 bu; ungraded, SO 055c;
afoat; No. 2, 54a 0554c elevator 55s 056c afioat,
SOC C. j, f.; steamer yellow, SIC; No 2 May, 54s a
| SOC. closing 54ac; June, 54a054ac, closing 54sc;
| July, 54s 055c, closing 54a; August, 550552c,
| closing soc; September, 55ss 056sc, closing sec.
Oats lower and more active. Receipts, %, $50
bu; exports. none. Mixed Western, 38040c;
white Western, 42047c
Hay firm and in fair demand
Cofee-Spot fair Rio stronger at 8sc; options
| more active; No. Rio, spot, 7.05tc sales, 60. :
500 bags; May, 10c; June, 70007 l0c; July, 7.15
| 07.20c; August, 720 al. 3Oc; September, 1900
35c; October, 74007.45c; November, 1850
7.50c; December, 755 076Oc
Sugar.Refined quiet and steady; standard A, >
Ct 06 3l6c; powdered, 6sc; granulated &c
Moasses quiet; 50-test, 19c.
Rice firm and in fair demand
Petroleum firm and active; united closed,
quiet at 80se; refined 7sc. Tallow barely steady.
Rosin dull Turpentine firm at 33c.
Eggs fairly active and firm.
Pork dull Cut meats-Mddles dull. Long
clear, &c. Lard less active; Western steam
spot 6 9Oc; June, 600 a 94c; July, Z0l 0ZO5c
October, 1928 0733c; city steam. 6.62a a 6. Csc.
Butter dull and easier; Western, 9019c.
Lead dull. Other articles unchanged.
CHICAGO, May 23.-The day on Change was
one of extreme dullness There were very few
features of interest and the markets all Jagged,
and while prices were generally easier, the feel
ing was one of comparative steadiness. To
judge from the comments of the leading traders,
the period IS fast approaching for radical
change in the temper of the market in one
direction or the other. as the critical time for
the growing crops is approaching, and it is felt
that very close estimates as to the probable yield
will be possible by the close Of the present
month or early IN June. There has been very
little outside trading during the past two weeks,
and the speculation in wheat has been confined
very closely to the local operators; still, the
opinion is very generally held that some heavy
operators must have confidence and are holding
the wheat in sight, or else the market would
have broken more rapidly under the daily pro-
cess of hammering to which it has been sub
jected for the past three weeks. There was a
report to-day that the Minneapolis millers
have reduced the price of wheat but this
was Offset by the statement that there
was an increased outward movement from Mil
yankee and Duluth, as consequence of the
phenomenally cheap freight rates. The weather
was warmer and more favorable. The market
| declined &c, and closed about acunder yesterday
There was a weaker feeling in corn, occasioned by
increased receipts and the expectation of heavy
rivals next week ana some long corn was thrown
OF the market There was strong effort made
at one time to depress prices by the offering of
large blocks, but they were taken, after, which
the market ruled quiet and steady, finally clos
ing s01c under yesterday. A decline of about
lie occurred in oats, owing to large arrivals and
estimated large arrivals next week. Trading in
| provisions was light, and the feeling was weak,
accompanied by q lower range of prices.
Flour was dull and unchanged
Wheat ruled dull and the receipts show light
| increase with only limited shipping inquiry
| to-day. The weather was warmer and more ia
vorable, and under this influence prices declined
| &c, the market closing ac under yesterday. The
sales ranged: May, sS4 0s82c closing at8Sa q sSsc;
/
| 9lac, closing at Ole; No. 2 spring, s8a 0sSsc;
No. spring, IS 07Sae; No. 2 red, 96097c; No. 8
red, 86a 87c
Corn-Recepts larger, and the expectation of
| still larger receipts next week caused a weaker
| feeling and the market closed I a lie under yes
| terday. Cash, 48c: May, 47a 048bc closing at
47sc; June, 462 @47ac, closing at 46ac; july 46s a
47sc, closing at 46s a 46ac, Oats-Large arrivals
caused a decline of 1c, the market closing at
inside figures. Cash, 334c: June, 32aa a 33ac; clos
ing at 325c asked; July, 329 a $780, closing at 32a
032sc. Rye was dull; No. J. Tic Barley was
! nominal.
Flaxseed was quiet; No. l. 81 37k 01.38
| Mess pork was quiet and easier; cash. ST.. GOA
Il05; June. $l0.97a a IL 49, closing at $ll.O0;
July $1107. 22s, closing at $l1 100 III. 12kR;
August. $11 20 329, closing at 81 20 Ii 22a
Lard quiet, with prices .O5 .07sc lower; cash,
go a6 75c; June 6.7O06.7 5c, closing at 6 700
672ac; July, 677a al 85c. closing at 677&0
$50. Boxed meats were quiet and easier. Dry
sailed shoulders Is al 2Dc short-rib SIDES 555 a
/ 5.579c; short,clear sides, 6.000605c.
Whisky was steady at 81. Is
/ Sugar was firm at full prices.
On the Produce Exchange butter ruled very
dull; creamery, 16018ac; dairy, 110l5c. Eggs
| were firm at 12a a 129c.
/ Receipts-Flour $4,000 brls; wheat, 80, 600 blu;
corn, 90, 600 bu; oats, 172, 900 bu; rye 1000 bu;
| barley, 20, 600 blu. Shipments-Fleur. II, 600
| brls; wheat Is, 200 blu; corn, $4,000 blu; oats,
10000 bu; rye, 5000 bu; barley, 1000.
TRADE IN GENERAL.