The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-06-03


7sac. Tallow duh and weak at Sc. Rosin steady.
Turpentine firm at 34lc.
Eggs were higher and firm; Western 40144c
Pork was quiet Lard was fairly active
Western steam spot @ IA d6 75ci July, g O q
. zoe; August, 684 a6.sSc; September $50
6.99c; Ocroher 1850 10c: November, 7.O40
70Sc; city steam. 65016 55c-
Butter was dull and easier; Western, 90 l6c.
Cheese dull; Western fat at 2d6sc. Other
articles unchanged.
CHICAGO, June 1.-The s'bears" deserted the
wheat and corn-p pits this afternoon. somewhat
dazed and rather thoroughly dscomftted There
was an early reaction from the low prices pre-
valing at the close yesterday. and then, despite
renewal Of the onslaughts made By the bears
during the preceding week, the markets not only
strengthened in tone but moved upward very
sharply The advance was so strong that some
of the smaller bears took fright and began to
cover their short sales. The receipts of wheat
were unusually liberal. numbering 400 cars, but
the cash demand was good and the properly was
cared for on an advancing market. Outside or
ders to buy were numerous based upon the
belief that the crop outlook is bad and
has. not been exaggerated, while the
pressse sho msas essgssSm bushels Of
of wheat in England and on the continent gave
courage to the local bulls, who made predic
tons of 81 wheat within a fortnight. The de-
crease in the visible supply, when increase
British consos has also had strengthening eff
feet Statements were also made of ravages by the
Hessian fly in the growing fields of Kansas, Mis-
souri, and Illinois The market opened at S6sc
for July, sold up to see, backed to 06sc, up TO
Size, with some fluctuations and closed the
regular board at SIZE, or 2sc over the close yes
terday. The receipts of corn were $50 cars, but
the visible supply showed reduction, and the
shorts" We're anxious to cover. Corn was
brought up freely, and the pre-
mi .Tulv xvae a6v In fc So
The market opened s03c higher.
advanced irregularly lie more and closed Ii a 1ac
yesterday. The firm markets for other
grains and the reports of smaller receipts for to-
ate advance in prices. The near deliveries
advanced a &c, while the deferred options ad-
vanced &C. Provisions were considerably hrmer,
pork advancing Is zoe, while lard advanced 90
a l0c, and closed steady.
Flour was quiet and unchanged
Wheat was active and buoyant, with the feel
ing unsettled and nervous The posted receipts
were large and foreign advices unfavorable but
the crop outlook was reported very bad, and
there was more outside buying The market
opened &c higher. advanced lie additional
companied by rapid fluctuations. and closed l. %
lsc higher than yesterday. The sales ranged:
June. 844 85sc, closing at 85sc; July, 86s S7sc.
closing at s7ac; August, 49, a $500, closing at
sole; No. spring, S5s 085sc; No. spring, 7Sc;
No. red. 93a cole; No 3 red, S30 Sac.
In corn the trading was active, with much
stronger feeling and higher prices. The market
opened q &c higher, advanced lc additional, and
closed s0ac yesterday. Cash, 46s q 464c;
June, 44s a 46sc, closing at 49, 0464c; July, 44s
@46c, closing at 45sc; August. 45 046c closing at
453 a 45sc.
Oats were strong, closing 40ac higher, the
near futures showing the most frmness; cash,
32ac; June, 32a32ac, closing at 32ac July, 32s a
32ac, closing at 32ac; August, 80 03Ssc. Rye was
quiet; No 2. CSC. Barley was nominal
Flaxseed was firm; No. /. ST. 80.
Mess pork was in fair demand and frmer, with
prices Is Zoe higher; cash, $40 30 TO- 80; June,
$40 % a TO- 32Rl closing at $40 80 a TO- 32a: July,
$l037a a 10. 40, closing at $l0.373 q 10 40; Au-
gust lO400l055. closing at $l0.4740
1880 Lard was in moderate demand
and frmer, and prices were .O5 a 10c higher.
07573c, closing at 600 0657ac; August, 1924
G. Csc. Boxed meats steady. Dry-salted
shoulders 395 @4c; short-rib Sides $780, short
clear sides. 5 65G 5. zoe.
Whisky was firm at 81. Is.
Sugar was firm and unchanged.
On the Produce Exchange butter was steader;
creameries, 16016ac; diaries, 11014c. Eggs
were easy at III a ll2c.
On the afternoon board wheat was strong and
q &c higher. Corn was strong and ! a Re higher.
Oats were &c higher. Pork was q a sc higher
Lard was unchanged.
Receipts-Flour, Ia, 600 brls; wheat 81, 900 bu;
corn, $4,000 bu oats, 10000 bu: rye. 1000 bu
brls wheat. Is, 900 bu; corn, 345, 900 blu; oats,
239 900 bu rye, 1000 bu barley. 1000 bu.
The following were the stocks of grain in this
city May 80: Wheat, IA, 256. 1l6 blu; corn 1,155,-
2S2 bu; oats, 26l, lac bu; rye 17,272 blu; barley
300 bu total. 10 III. 1872 bu. These figures show
an increase of 500 600 bu corn, $4,000 bu OATS and
400 bu rye, and a decrease of 102, 600 blu wheat
and 1000 bu barley.
The secretary of the Chicago Board of Trade
gives the following as the visible supply of grain
May 80. 1885: Wheat 40, 7o6, 800 blu: corn, $685.
40 bu; oats, 205. 822 blu; rye. 18S595 blu; barley
233, 060 bu. These figures show decrease
during last week of 395, 900 bu wheat and $685. 900
bu corn. and an increase of 12l 600 Blu oats, 1000
rye and 81, 600 bu barley.