The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-05-25


NEW YORK AND CHICAGO.
Yesterdays Quotations ON Produce at the
Two Great Centers.
NEW YORK, May 23--Flour in buyers
favor. Receipts, 49, Alb brls; exports none; COM
mon to good extra Ohio, So so 0565.
Wheat, 40ac lower; options closed firm at the
decline. Receipts, 8s,575 bu; exports, "a, LOG
bu: No. 2 Chicago, o6c; No. ungraded red, $50
$1.l0; No Milwaukee, 97sc No. Mil
waukee, c. f., 95a q 96c; No. l hard, s1o4a;
No. 2 red, 81. O4sc No. i white, $1.02ac; un-
graded white: ,$l.O6; No; red June,
sales of 232,0 1000 bu, at 81 O2a a 102s closing at
81. 02S; July sales of 960 600 bu at ST. 044 a 04S
closing at 81. 0444; August, sales of 1884, 900 bu
at 81. 05a q o. closing at 81. 05a September
sales of 200, 900 Blu, at $1.07s LOTT, closing at
SLOT; October. sales of "a, 900 blu, at ST. O8s
closing at ST. 08s
Corn pic lower, closed steady. Receipts
$3.50 bu; exports, 81, 9l3 blu; ungraded $50 55c;
No. 8. nominal; steamer 544c elevator, 55ac
afoat; No. 2, 54a 0554c elevator, $50 a 56c afoat
55e closing SAFE; June, 54s a safe, closing 54sc;
July, 54s a soc, closing 54a; August. 550 55ac
closing Doc; September, 55a a 56sc, closing Sc
Oats lower and more active. Receipts, %, $50
bu; exports, none. Mixed Western, 38 040c
white Western, 42047c.
Hay firm and in fair demand.
Coffee-Spot fair Rio stronger at 8sc; options
more active; No. Rio spot, 7.05ac; sales, Co.,
500 bags May Z lOc; June, ZOO Ia Toe; July, 715
07.20c; August 7.20 a 3Oc; September, 1900
.35c; October, 7400745c; November, 1850
750c; December z. SO 0Z60c.
Sugar-Refined quiet and steady; standard "a"
Ct a6 Bloc; powdered, 6sc; granulated, 6sc.
Molasses quiet; 50-test, 100.
Rice firm and in fair demand
Petroleum firm and active; united closed
quiet at 80sc; refined, 7ac Talow barely steady.
Rosin dull Turpentine firm at 33c
Eggs fairly active and firm. 80
Pork dull Cut meats-Middles dull. Long
clear, &c. Lard less active; Western steam
spot, 90c; June, 600 az 94c; July, 7Ol a I. Csc;
August, I'll 0715c; September. 7I90I24e;
October 1928 @ 1889; city steam, 6 621 06. 65c.
Butter dull ard easier Western, 90l9c.
Lead dull. Other arGsles unchanged
CHICAGO May 23.-The Say on Change was
one of extreme dizziness There were very few
features of interest, and the markets all Jagged,
and while prices were generally easier, the Ieei-
ing was one of comparative steadiness 10
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
,1.x%l - H.
phenomenaily cheap freight rates. The weather
was warmer and more favorable. The market
declined &c, and closed about 3cunder yesterday
There was weaker feeling in corn, occasioned by
increased receipts and the expectation of heavy
rivals next week, and some long corn was thrown
OF the market There was a 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 s0lc under yesterday. A decline of about
estimated large arrivals next week. Trading in
provisions was light, and the feeling was weak,
accompanied by lower range of prices
Flour was dull and unchanged.
Wheat ruled dull, and the receipts show a light
increase with only a limited shipping inquiry
to-day The weather was warmer and more fa-
vorable, and under this influence prices declined
&c, the market closing ac under yesterday. The
sales ranged May, 88a 0SSac. closing at 49, 1880;
June, 500 0S9sc, closing at sol 894c; July, 9lt a
q
No spring, 7S07Sac; No, 2 red 96 097c; No.
red,S6aS7c.
Corn-Receipts larger and the expectation of
still larger receipts next week caused a weaker
feeling, and the market closed ale under yes
terday. Cash. 4sc; May, Az 048ac, closing at
Alto; June, 46a a 7ac closing at 464c; July 46s 20
47sc, closing at 46s a 46ac. Oats-Large arrivals
caused decline of 1c, the market closing at
inside figures. Cash. 334c: June, 32a a 33ac; clos
ing at 32Ic asked July, 32s 033sc. closing at 32a
032sc. Rye was dull; No. ], Tic. Barley was
nominal
Flaxseed was quiet; No. !, 81 37a 013S
Mess pork was quiet and easier cash. $l1
HOS; June. $40. 973 a H. III, closing at $11.00;
July, Sill OH l.22k, closing at $ll. lO0ll. 12a;
August $l1 20 oil 32s closing at $11. 20 H. 22a.
Lard was quiet with prices 05 a 4c lowers cash,
GO G. 75c; June, 6.700675c. closing at g. 00
G. 72!c; July, 677A 0685c. closing at 677a0
60 Boxed meats were quiet and easier Dry
salted shoulders Is a. 20c shortrib Sides sos a
8. size; short-clear sides. 6.00a605c
Whisky was steady at $ll5.
Sugar was firm at full prices.
On the Produce Exchange butter ruled very
dull; creamery. lea 18ac; dairy, 110l5c. Eggs
were firm at 124 q 12ac.
Receipts-Flour IL. 600 brls wheat, 80, 900 bu;
corn 90, 900 bu; oats, liz, 900 bu; rye, 1000 bu
barley, 10000 blu. Shipments 1900
brls; wheat Is. 200 bu; corn, Is, 600 blu; OATS
l26, 600 bu; rye, 5000 bu barley, 1000.