The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-03-23
CHICAGO MARKETS.
Opinions as tn the fatuve More Badly
Mixed Than UsuaI.

Special O. the sentineI
CHICAGO. March 2l.-It has not Teen a week Of
heavy business In the speculative markets on
Change. though values hsve huctuated actively
within fair range. Tie sudden stoppage OF all
news and consequent lack OF excitem5at on
that tcofe seemed 10 take away all outside Inter
est In the grain markets the boys, too. disliked
TO come down from talk Of big conflicts and blood
splitting TO simple weather influences, ana these
seemed to be all that were left to fynre on.
Hence The opening was characterized oy gradual
settling back of prices. caused more By neglect
than any thing else. Later. however. when the
visible supply increase was found 70 be considera-
big below what had been estimated, many
shorts took a cover and there was an
easy rally, though when the immense
stock low in sight ard the rearness OF
the lew crop are considered. IL is
hard 10 see what possible difference q few thou
since then there hes been no decided change in
quotations. the advance or decline OF each day
being generally wholly or nearly wiped out by
the close OF the session, and TIE values now are
very near the figures current week ago.
In regard 20 the future opinions are even more
badly mixed than usual. The bulls place a good
ceal OF dependence ON crop scares. bat damage
talk is certainly not having Its customary infiu
ence. as uncontradicted reports of the most I'M
from ell parts OF the country. aud yet The market
responds but slightly Operators seen 10 think
even III THIS should De snort crop there Will
be grain enough left over to supply needs. espe-
Cielly as there seems no prospect OF the usual
brisk spring demand. Prices are low. but low
prices do not Emulate demand. and the load
is heavy one to push uphill without it. Moth
ing but considerable revival of speculation,
with some strong local parties as leaders move
IL very high.
Corn started out quiet ss ever but Tuesdays
large snd unexpected increase in the visible sup
ply, as compiled by secretary Stone, caused a
s1arp break. Receipts had been light and the
cash demand good, so that 1t seemed impossible
that such large quantities could have gone into
store. Hence, when 1t was reported that some
thing over a million and a half bushels which,
beng on the road 70 consumi z points, did not
belc:s in the statement. had been included, tho
bulls took courage. Thus there has been a grad
ual return OF confidence, and prices have slowly
.crept back TO the starting point. Wallace has
been the most prominent buyer of futures. but
there has been heavy purchases OF case stuff for
Shipment right aIong.
Hay products dragged along during the early
part OF the week and seemed to invite short
sales The crowd, however. believed this was
simpy a ruse of the packers TO get out sufficient
lines 10 make squeeze profitable. determined
not TO De caught. 20 they bought. and usual
got on the wrong side The crowd in the provision
Dit always do. Toward tie close of the week
Linn. Rouse. Jack Cuoaby sud Jones made raid
or pors, and instead Of giving support the packers
used every effort to depress a.. ALI the little fry
were shaken out and the flood OF small parcels
"A considerably 6wer leve Now tue gOssips again
have it that this is surely the last shake out" be-
lore good bulge and many are edsing back on
the "lOng" s.de.