The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-05-27

September, FOG l0c; October, 71607c0c;
city steam. ESQ., 6. SOC.
Butter easier; Western. Ga 18c Lead, steady
common, 3.65 G370c Other articles unchanged.
CHICAGO, May 6.-The fine weather and
the posted increase in the visible supply of
wheat caused weak market to-day. The mark
ct opened very weak and sold off rapidly to a
point &c under the latest figures yesterday, re-
acted &C. AID closed steady on the regular board
at / p. d. Another serious break occurred at
the afternoon session, when prices declined near
ly one cent. reacted trifie, and closed feverish
and unsettled. The decline provoked a strong
selling movement, which. joined in by the
bears, who have been hammering the markets
for several weeks, and who extended their lines
upon the first indication Of a serious break
The receipts were moderate, but the outward
movement was somewhat larger. The crop re-
ports were no brighter than they have been for
several weeks and as to the winter wheat out
look. the predictions of shortage in the crop
were more pronounced, in many in
stances, than any heretofore; but they
were not sufficient to stay the
downward course of the markets The receipts
exceeded GOO cars, and a strong effort was made
to break the market. Considerable long" corn
was thrown overheard, but the general feeling
was one OF frmness, and while the premium for
the June option was reduced somewhat, the 9TH
er futures were steadily held There was good
shipping demand and moderately large out
ward movement. The oats market was fairly
active, and, after weak opening, the feeling
was frmer and the market closed shade higher
than yesterday. Provisions were weak and gen.
orally lower.
Flour dull and weak, but quotably unchanged.
Wheat-Hgher consols and the increase in
the visible supply was disappointment to many
operators. who had counted upon just the re-
verse The weather was fine for growing crops
and the foreign markets were reported easy.
The market opened &c lower, declined &c more,
nuctuated and closed / &c under yesterday The
sales ranged. May 87s s8lc closing at s7sc;
June, s7s 1880, closing at 884c; July, $50 9Osc
924c No. 2spring, 87a a SEC; No. spring, Tie;
No. 2 red, 95 a &C., No. 3 red, IS a SEC.
Corn-Infueneed by liberal receipts and fine
weather, together with the weakness in the
closed &c under yesterday. Cash. AZ 047ac; May,
46a 475c closing at 47tc June, 45s 046sc, clos
ing at 46sc; July, AS 046s closing at 46s.
Oats were fairly active; the near futures
opened &C lower, then advanced e. fiuctuated
and closed q &c over yesterday; cash, 32a a 33c;
May 81 a 32sc, closing at 32a q 32sc; June, 324 a
32s Closing at 32a: July 81 32a, closing at 32s
032k Rye was dull; No. 2. Tic. Barley was
nominal No. l, Coo.
Flaxseed was quiet; No. l, $1.3S
Mess pork was fairly active, but the feeling
was weak and prices declined I0012zc; cash,
$40. Is a 10. &c. June, $40 72a a 1885, closing at
81 so a 10. S2a; July, $40. $50 1885, closing at
$40 90 a 10 ga August, $40 95 II 05, closing at
@I!.oo@I Lara was falriy acCve. and
prices were .02a @ 05c lower; cash, 57ac;
June, 6573 06 60c; July, SOS 06 67ac; August,
6. 723 06. 75c. Boxed meats were quiet; dry salt
shoulders. A. 90 "a 05c; short-ribs sides, 537a0
$40; short-clear sides. s. IS a 8. 90c.
Whisky was firm at 81. Is.
Sugars were stronger cut loaf, Tsc; granulated,
TIE; standard A, 6sc.
On the Produce Exchange butter was dull and
weak; creamery, 170l9c; dairy, 13 q 15c. Eggs
firm at IL 012ac
On the afternoon board wheat was excited and
lower; May, SIZE: june size, July, 500 089kc.
Corn was easy and a sc lower. Oats were &c
lower. Pork WAS DC lower. Lard was .02ac lower.
Recelpts-Flour, II, 600 brls; wheat, 40 600 bu;
corn 166, 900 bu oats, 296, 900 bu; rye 5000 blu;
barley, $4,000 blu. Shipments-Finur Ia, 900
brls; wheat, $4,000 bu; corn, $780, 600 blu; oats,
l59, 600 bu; rye, 1900 blu; barley, 1000.