The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-07-21

u Upgrade red Sc O5s No. 1 red s1o Sis in
elevator, $103 Lie ahoat; No. l white. 99c; No.
2 red, July nominal at 81 0ls; August, ST. Oh "a
102s, closing at 81 02a; September, 81 OBJ l04s,
closing at 81 04s; October, 81 05a a 062, closing
at 81. 06a; November. $l07a q .08., closing at
$l08; December ST. 09s l.l0, closing at ST.. 09s;
June, 81 1901 1884, closing at 81. 49,
Corn opened a shade better, later declined,
closing steady. Receipts. POS. 500 blu; exports
I'D 329 bu sales, 224, 900 bu futures 43o 600 bu
spot ana to arrive. Ungraded, 81 a $780, steamer,
51i 05lac in elevator: No 2. SO a 52ac in eleva
tor. 522 a $3.50 afoat 522 052lc C. f. and l.; low
mixed, SIC; uneraded white, SAC; No. 2, July, 5ls
052.c closing at SIC; August. 520 522c closing at
52sc; September, 52l 53Bc, closing at 52sc Octo-
Der, So. G53ac, closing at 534c,
Oats more active. Receipts, II geo Blu; ex
ports, 129 bu. Mixed Western, 81 a 40e; white
Western, SO 040c.
Hops quiet and nominal.
Coffee-Spot fair Rio quiet at 8sc. Options
were dull. Sales of 1000 bags. July, 6.95c;
August, 700c; October, 7l5c November, 720c;
September closed at 7.05 al 10c; December 20
al. 30c January, 7250135c; February 1900
1856 Sugar in steady demand. Fair to good
refined quoted at 81 @54c; refined dub; extra e,
81 a 5sc; white extra G, sac 3-l6c; off A, &c;
standard A, 6sc; cut.loaf and crushed, g. 07c;
powdered 64 @7c graduated, &c, Molasses
barely steady and quiet; 30 test, 1870
Rice firm, with fair inquiry
Petroleum steady; United closed at $3.50. Tai
low steady. Rosin firm Turpentlne steady at
38ic.
Eggs firm with fair inquiry; Western, IA 0143c.
Pork firm, demand moderate; mess, spot,
81. 90; family mess 81. % a l50. Beef quiet.
Lard dull; Western steam, spot, quoted at 6.85c;
July, 685c; August, 68706 89c; September,
100 @I02c; October, 1904 lac: November,
7O4a7 Csc; December, $1.O007O2c; city steam,
Sc 20 a g. 75c.
Cheese quiet and firm. Other articles I'M
changed.
CHICAGO, July 20-The extreme heat which
prevailed here to-day had depressing effect on
the bulls and bears and the business done on
the board to day was only moderate. About all
the interest on the floor centered in wheat
Soon after the opening the believers in higher
prices circulated reports Of damage to Dakota
crops Reports were also received from Ne
braska, northern Iowa and southern Minnesota,
that the warm weather was damaging
the spring wheat crop. All these
mors serve to put up prices gage,
but at this advance nearly everybody who had
little wheat which there small profit
threw it on the market, and naturally values re-
acted. August opened at 90sc, sold up! to 9l4c,
and back to 90sc closing at 90ac, &c lower than
on Saturday. On the afternoon board there
was further drop of 4Qac. In corn the trad
ing was only moderately active and the under
tone to the market was favorable to buyers The
warm weather s forcing the crop considerably,
gradually improving. This cereal also
declined lsc in the afternoon In the pro
vision pit the operators seemed to lack even the
slightenergy that they have shown for the past
few days, and the transactions were very light.
The large receipts of hogs at the stock yards
%, 600 heads something unusual for this time
of the year, and under the influence of these re-
ceiptS the market opened very weak, and a
fraction lower for the August futures but about
Saturdays closing figures for the larger deliv-
cries. Between the heavy receipts and the de-
pressing effect of the hot weather the bulls had
very hard time Of it. The market steadily de-
ciined until the close of the morning session,
when all options closed SC below its opening.
This has been the duest day in the provision pit
for over week.
Flour was quiet and prices are unchanged
Wheat was somewhat unsettled and nervous,
and frequent fluctuations in prices were noticea-
bic. Advices from European markets showed a
comparatively steady feeling in that quarter,
and the Eastern markets were stronger In a
general way. The market opened rather easy
with rather free offerings on local account, and
was however, quickly developed. and prices
rallied again q &c reports of damage to
growing crop. This had some effect on local
operators, and encouraged rather free buying to
provide for outstanding contracts. New York
was st ronger and higher early, but afterwards
eased off. ST. Louis also higher,
with bad crop news from that quarter. Reports
stated that the wheat was of poor quality The
eX Drts from the seaboard Were moderate. About
noon the market became easier on rumors of an
ticipated increase in visible supply and prices
declined sc. The market during the last half of
the session was weak, with more less realizing,
and finally closed about Sc lower than the closing
on Saturday. Sales ranged: Cash. 894 5000; July
49, 90c, closed at 894c; August 90s &c, closed
at 90a a 90sc; September. 92s q 93ac closed at
922c; sellers No. spring, 89ac; No. 2 red, $50
66c; No. red, zoe.
Corn-The market was quiet. and prices closed
about SC lower than Saturday. No 2 46c cash;
454 6468c, closed at 45bc bid. july 45s a 45sc
closed at 45ac Did, August; 455 a 45sc closed at
454ic bid, September.
Oats-Market opened firm, but subsequently
declined s04c, and closed quiet. No 2, 81 %
3l4c, cash; 313 &c, closed at 31sc. July 26a a
26sc, closed at 26sc, August 254 q 25ac, closed at
25sc September.
Rye in moderate demand, and market very
steady; No. 2, 5Sac
Flaxseed firm; No. l, ST. 26a.
Pork quiet and lower: $40. 800 1035, cash;
$40 80 q 10 37a, closed at $40 30 TO- 322 August;
SIC. 80 a 10 49, closed at $40 37a 010 40 Septem-
Der. Lard quiet at 6.65 q 6 67ac. cash and Aug
ust 6.72a a6.77ac closed at 6. 72a 06 75c Septem-
ber
Dry salted shoulders, 41504 Csc; short.rib
sides, 5. 70 05.72ac; shortclear sides, 5.9506c
Whisky firm at 81. To-
sugars-Cutloaf, 7sc; granulated, CSC; stand
ard A, &c.
On the Produce Exchange butter was in fair
he MARKET WAS urn; creamery Is %
Tic; dairy, II @ dc. Eggs, guaranteed stock, IL
a114c.
On the Afternoon Board wheat was held at
soc July; SOC August 924c September. Corn,
45sc July; 45sc August; 45sc September. Oats,
Bic July; 26c August; 25c September. Pork.
slO.27R July and August; $40 So September,
Lard, 5000 August; G. 72!c September.
Receipts-Flour l., 600 brls; wheat, 49, 900 bu;
corn, $50, 900 bu; oats, 1873 600 bu; rye 0OOl bu
barley, 1000 bu. Shipments-Flour, 5000 brls
yhaat hun
bu; rye, 500 bu; barley, 60 bu.