The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-11-04
CONDITION OF THE MARKETS.
Slow Trading in Wheat, Accompanied
by Generally Easy Feeling.
Free Buying, However, Develops Consider
able Firmness at the Close-A Good De-
mand for COrn-Provisions Stronger.
AT CHICAGO.
Slow Market and Easy Feeling in Wheat
Strong Demand for Corn.


Strong Demand for Corn.
CHICAGO, Nov 3-The trading in wheat to-
day was generally quite slow. The feeling was
easy at the opening due to the figures in the
Chicago statement Of the visible supply show
ing an increase of 100000 bushels, and free
selling was INDUCED in early in the day, which
caused December to decline to 86ac, but free
buying carried the market up. with some fuctu-
ations, to Sic, closing for the day at $40 SIZE.
The cables quoted easier foreign markets, and
Northwestern kilograms indicated that receipts
On southern roads in Minnesota are increasing
aud that farmers were selling more freely. The
receipts here continue light, and were estimated
light for TO morrow, which helped to create a
6rmer feeling. The spring wheat being received
continues to grade very low. Of the cars re-
eeived today, less than one-seventh graded reg
ular, and during the past month only Is per
cent graded regular, while during the same
month last year 60 per cent. graded regular. The
New York statement of the visible supply was
not made public, but it was rumored that it
would show an increase of only half million
bushels, and this added to the frmness here at
the close. The demand for cash corn continues
strong, and there was moderate business in
futures. The receipts were SMALL and were es
vanced &c for cash, &c for November, and a0Ic
for the more deferred futures, closing at nearly
inc outside figures. Oats ruled firm at slightly
higher figures Trading in futures was mainly
in the May option. Provisions were stronger,
both pork and lard closing at higher figures.
Flour was slow and unchanged.
Wheat-Trading was quiet. The market
opened S0ac lower, sold off ac additional, inf1u-
enced by the Chicago statement of the visible
supply, rallied &c good buying, huctuated and
al In ,1n6ap 4.
November 84a q $780, closing at 854 q 85sc; De-
cember. 864 q Sic, closing at S70S7sc; January,
87s0S7sc, closing at 87sc; May, 93s @ 94sc. clos
ing at 944c; No. Spring, 854 q 854c; No 3
spring, $50 73c; No 2 red, 9Oc; No. 3 red, Use.
Corn was in good demand and stronger, clos
ing s@sc higher for near options and s04c
higher for distant futures; cash, All 04lac No
vember 800 040ac closing at 404c; year 81 % 37sc,
closing at 37ac; May, 3S4 038dc closing at 3Ss0
58Ic
shade higher; cash. 264c; November, 25ac;
December, &c., May, 29s 029s, closing at 294c.
Rye was quiet; No. 2, Gle. Barley was quiet;
No. 2, &c.
Fiaxseed was weak, owing to free receipts;
No. /, GIL
firm, and 5@10c higher; cash. So. 15a 25; No
ember, SO. 124 as Is; December, So 1740 %,
closing at $8.200822l January, $9.0740 Is.
closing at $9.1O09l24 Lard was decidedly
prices were 05 q .073c higher, closing steady;
cash, 5.87a 5. 9Oc; November, 5.87a a 9Oc; De-
cember, 59005. 92ac; January, 5.97a 060 2ac,
closing at 60602a Boxed meats were steady;
dry-salted shoulders. $50 03 75c; shortrib
sides, 46004 75c; short clear sides, 49004. 95c.
Whisky was firm at 81 Is.
Sugars were unchanged.
On the Produce Exchange butter was in large
suppiy, and the demand light Creamery, lax
25c; dairy, l23 al 8c. Eggs were steady at 19c.
There was no afternoon session of the board.
Recepts-Flour, 1000 brs; wheat, 80, 600 blu;
corn, 1l4OOO blu; oats, SO, 900 bu rye, 900 blu;
barley, $4,000 bu. Shipments-Flour, 13, 900
brls; wheat, $4,000 bu; corn. 314,0 900 blu; oats,
8, 600 bu; rye, 1000 blu; barley, A. 900 blu.