The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-07-22

red, SO a 95c; No. red, $lOl 01oll in elevator
No l white 99e; No. 2 red. July, $l00a a 1.00s.
closing at sl.o04; August ST. ols 0ls, closing at
$L0ls; September. $l03a l03s, closing at
81. 034; October. ST. 0j4 05s closing at 81 05;
November. $l07 a / Oh, closing at $l.07s; De-
cember ST. 0Ss a 094, closing at 108s January,
l.l09 l0s, closing at 10S February, ST.. l2a;
March, $Ll4
Corn lower closing steady. Receipts, 26l, 635
bu; exports 1881 bu sales of 972 900 bu futures,
29S, 900 bu spot Ungraded so a 53c; No B. 50ac;
steamer nominal; No. 2, 5la5l4c in elevator,
524 a 52!c afoat No. white, 5G4c; No July,
81 5l9c, closing at sic; August, 81 5l4c, clos
ing at Size: September, 55 52sc, closing at 52sc;
October 52i a 53c, closing at 52sc.
Oats are more active Receipts, 56,oo0 bu;
exports. none. Mixed Western, 364 q $780, white
Western, 80 43c.
Hay quiet and steady.
Goffee-Spot fair. nio weak at sc. Options
a shade easier and quiet sales OF 5000 bags;
July, 5000; August, G. 95c; September &c; Octo-
Der, 710c; November 715c; December, 7.20c;
January, I25c; February, 7.30c. Sugar dull:
refined easy and dull. White extra G, 54c off
A, 81 a &c; cut loaf and crushed, g a &c; granu
lated 6s a &C., cubes, 6s a G2c. Molasses dull;
Rio steady; demand fair
Petroleum-United closed at Oh 695c. Tallow
steady and quiet. Rosin dull and weak at ST.. III
0l.20. Turpentine dull at 37c.
Eggs easier and quiet; Western, $50 1870.
Wool firm with fair inquiry domestic fleece,
q a 36c; pulled, IA 33c; Texas, 9@22c.
Pork steady and moderately active at $ll. so
for mess $500 for clear back Lard opened
firm, but closed dull contract grade, spot, quoted
at 80 SIZE; choice 6. 90c: August, g. 50 SIC;
September, CSC 99c; October, 6.070Ll2c;
November, 1000 704c; December, 6.99c; city
steam, go 06. 75c. Cheese dull and nominal.
Other articles unchanged.
CHICAGO July 2l.-The wheat market was
very nervous and unsettled to day. within
narrow range, but the tone of the market was
easier. The market Is so sensitive and nervous
that each and every story and report which
comes in during trading hours is sure to put
prices up down. Yesterday, with all the out
side influence bearish, the market opened firm
and advanced enough to enable the longs to sell
out, when prices broke quickly. To-day, with
all the outside facts and influences bullish, the
market opened firm and higher, and then broke
quickly under the effect of a hot wheat
report from New York The unexpected decrease
of the visible supply, the bad reports from Rus
sian crops, the strength of foreign cables and
expectations of more less damage to wheat
now growing in Minnesota and Dakota, from the
excessive heat. all conspired to make stronger
feeling, until the tide turned under more favor
able news from abroad ana from New Yore; but
the market partially recovered from the break,
and remained firm till near the close. Liverpool
was Said to be firmly held, aud cargoes
were turn dearer and higher Later
private cables noted an easier feeling
IN European markets, and conSolS were also
higher. Corn showed fair amount of strength
September opened about &c lower and then sold
up &c right in the face of the decline in wheat,
and also Of large receipts (abOut 800 cars alto
getherl and the additional fact of an increase in
the visible supply. Liverpool was said to be
easier on corn, though not quotably lower, but
her corn not only held its own but actually
advanced fractionally, in the midst of naturally
expected movement in the other direction One
cause of this strength light have been the fact that
the increase in the visible supply quite small,
considering that the volume of daily receipts
has been much greater of late, thus showing
that the demand for corn keeps pace with the
supply. even when that supply is considerably
enlarged. Oats were quiet, Irregular and weak.
and the closing figures show shrihkage of 1c
for July and &c for August and May delivery.
Provisions showed very little change.
Flour was quiet and unchanged
Wheat-The trading was only moderately act
i've, and the feeling was unsettled and nervous.
The market opened a &c higher, owing to a de
crease of 49, 900 bushels in the Chicago statement
of the visible supply declined &c on reports
of wheat out of condition at New York rallied
SC on bad crop news from the Northwest sold
off &c, and closed &c under yesterday. Sales
ranged: 49, S9sc, closed at 09s July; August,
S9s a 9Os, closed at S9sc; September, 9l44 924c,
closed at 92c; October, 81 94ac, closed at 94s
G94sc; No. spring, SOC; No. 3 spring, Sic; No.
2 red 95 0954c; No. 3 red, SOC.
Corn-TradlLg was only moderate, but the
feeling was one of steadiness. Cash, 45sc, July,
45s q 45sc, closing at 45sc; August, 454 q 45ac,
Closing at 4o4c OepteInoer, 40 u 4o4c cloSlnS at
40 045sc
Oats-Active and easier; July sold down 1Ic,
reacted 1c and closed SC under yesterday, the
other options showing little change; cash, zoe;
July 29a a. Bic, closing at 30sc; August 26 2G4c,
closing at 26 2Gbc; September 25s a25ac, clas-
ing 25ac.
Rye-Firm No. 2, 585c
Faxseed lower; No l. Los.
Mess pork ruled easy early, then rallied %
DC, declined Safe, and closed steady. Cash,
$40 25 TO- 30; August, $40 % 32ai, closing at
$40 % q TO- 81 September, $10.324 10 40. clos
ing at $40 324 a 35. Lard quiet and 02aa %. 05c
lower. Cash, $50 u G. 62Ac; August, $50 a 6 65c,
closing at Goa 6 62ae; September, 6 70 d6. 72!c.
Boxed meats quiet; dry sailed shoulders, 4.150
4.25c; short-rib sides, 5.62a 05.65c; short-clear
Sides 5 80 a g. 0c.
Whisky was firm at $1.15
Sugar unchanged
On the Produce Exchange butter ruled steady.
Creamery, Halle dairy, Ii a BE. Eggs, 104 a
11c
Receipts-Flolr 10 600 bu; wheat 6, 200 bu;
corn 25l 900 bu; oats 49, 600 bu rye 1000 bu; bar
ley 1000 bu Shipments-Flour $4,000 bu;
wheat 90 900 bu corn II6 900 blu; oats 60, 900 bu;
rye 1000 bu; barley 1000 bu On the afternoon
board wheat easier and ! q &c lower; corn was
&c higher; oats was &c higher Pork was 21c