The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-08-25

sos IA 5lbc, closing at 5osc; December, 40. 049lc.
closing at 49kc.
Oats-Lower and less active; receipts, 354, 200
bu; exports. 9,SGS bu Mixed Western. ga
Sac: white Western. 81 42c
Hops quiet and nominal.
Cofee--Options moderately active and steady;
sales, 1880 bags: August. 6.S0c; September.
8. Zoe; October, 675c; November. 6.SOc; Decem-
ber 685c January, 690c; March, &c. Sugar
quiet and steady; refined barely steady; cut
loaf and crushed Ct &c; powdered, Gs 064c;
cubes, GO a &C.
Rice-Steady: demand moderate.
Petroeum-Firm; United closed at $1.02s.
Tallow steady; sales Of 81, 600 lbs at DC. ROsin
quiet at ST. l0d1l7!!.
Potatoes-Steady and demand fair prices rose
to 81 az so; Norfolk s.. 250250.
Turpentine dull at 35c.
Eggs firm and in fair inquiry; receipts, 3, 1877
packages Western fresh IA 14Ic.
Pork was steady and moderately active: mess
spot $40. % n 10. So Cut meats steady; picked
bellies 6 &C. picked hams, IL a IL &c; picked
shoulders 4ac Lard moderately active Western
steam, spot 650c; September. g. AZ n 6 48c; Octo-
Der, g. 80 6. SOC; November. 6. so a 652c; Deem
Der. g. AZ a g. 52c; city steam, 6.40c.
Butter was firm and in fair inquiry; Western,
9o22c. Cheese was quiet and barely steady;
Western fiat, 4@64c
Lead dull.
Other articles unchanged.
CHICAGO Aug. 24-The wheat market ap-
peared to be on the verge of panic this morn
ing The heavy decline of Saturday was followed
by feeling of great depression this morning,
and the market opened a full cent lower than
the close on the regular board Saturday,
which was followed by a still further decline,
following the lead taken by the New York and
st. Louis markets. Sellers were in the great
majority, and the pit was flooded with selling
orders the ''shorts" appearing to be about the
only purchasers. There was rally of 1c from
the bottom prices when a report Of larger re-
ceipts at St. Louis started the market down again,
when it was aided in its course by some very
vigorous hammering by bears" The selling
was general and on a very large scale, one of the
moving causes being the expectation of another
large increase in the visible supply. The price
of October was driven down TO S04c, and the
finish the regular board nearly at the
inside price There was strong feeling on the
afternoon board, and the market was carried up
lc, closing rather firm. Considerable wheat was
placed on sale, owing to exhausted margins, but,
any kind were reported. and there was,
ing gA reported for the '09 long" account
The corn market was active and unsettled The
opening was weak, influenced some by the de-
cline in wheat, but the shorts" commenced to
cover, and. with reports of cool weather and
frost in the North, the market became very
strong September advancing 14c, October 1ac,
and the longer futures lc Prices then fell
back q lie, and finally closed q &c higher than
August option advancing &c at the opening, but
prices fell back q SC, and closed steady. The
other futures were somewhat frmer. Provisions
were moderately stronger. Mess pork advanced
20 022ac sold off 12a a l5c, rallied u q l0c and
closed steady. Lard ruled a shade frmer.
Flour dull and unchanged, purchasers
holding off.
Wheat was active, but very nervous and
unsettled. The market opened 1@l4c lower,
rallied 1sc but sold off rapidly again and closed
lac under Saturday. The sales ranged: August,
IT. 794c, closing at 78c; September, 49, a 1880,
closing at 7Sac; October. So SIC. closing at
8OSc;, November, S2ss a sac, closing at S2ac;
No. 2. spring, 7Sc; No 3 spring, TIC; No. 2 red,
84a q Soc: No. red. 79079ac.
Corn opened weak, influenced by wheat, but
reports of frost impaired great strength to the
market, September advancing 14c and October
&c; prices reacted somewhat and closed a0sc
higher for the nearer futures than Saturday.
The sales ranged: Cash, 44a a 445c; August,
44s q 45c closing at 44sc; September a a. 5.c
closing at 44sc; October, 424 044c, closing at
43ac; November, 393 40sc, closing at 40sc.
Oats were active and generally stronger; the
August option advanced &c, recsded s03c and
closed steady; cash. 26ac; August. 26s a &c, clos
ing at 264c; September, 24a 024sc, closing at
24sc; October 2ia a 24sc, closing at 24sc Rye
was steady; No. 2, 56ac.
FlaXseed was easier; No l. ST.. t.
Mess pork ruled active and prices advanced
goa 22ac early, receded -! q 15c rallied 3 1Oc
and closed steady; cash, S. 62a s. 70: September,
So 81 a S75, closing at s. -! 1915; October
SIS: 62E as 81. closing al So. so S82a.
Lard was fairly active and steady; prices ad-
vanced 02l q .05c, fell back 2Hcand closed steady
cash, III a 20c September g. Is q g. zoe. closing
at 6. III 06. zoe; October, 620a 25c, closing at
622l case. Boxed meats steady; dry-sated
shoulders, .25c; short-rib sides 5.45 q s. SOC;
short-clear Sides 5.600585c
Whisky steady at $ll5.
Sugar was steady and unchanged.
On the Produce Exchange butter ruled steady;
creamery, 160 l9c; dairy, 1l016c. Eggs were
firm at II ollie.
On the afternoon board wheat was stronger
and lie higher. Corn was &c lower. Oats were
Ia &c higher Pork was u q 17ac higher. Lard
was .02l q. Csc higher
corn, 3l4, 900 bu; oats, las, 600 bu rye, Is. 600
blu; barley, 5000 bu Shipments-F IL 600
brls; wheat 49,, 600 bu; corn 1873 600 bu; oats,