The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1885-04-08
CHICAGO SPECULATIVE Markets.
Prices Down to About the Figures Prevail
ing Before War Rumors Sent Them Up
Varying From 30 to sec.

Prices Down to About the Figures Prevail
ing Before War Rumors Sent Them Up
Varying From 30 to sec.
Special 70 the Sentinel.
CHICAGO, April 4.-On Change during the past
week the speculative markets have ruled nervous
few bis operators took hand the trade has been
essentially scalper's deal. Prices were on see
saw and the umber OF times the market has
mat the path has become hard aud well troddea
and the feet OF the spectators slip back a1d for
very easily. Tae rise and fail OF c0asOis is still
watched verv closely, but the general situation
may now be sad 10 be not materially differ sat
from ms. itHa, Jre va fsIk suddenly 5ok
pOsse ssscn CT the minds OF traders exesp. that tue
time when the rue condition % the next Gro OF
Winter Thsat VII De knoSn is 50 much nearer
The period Tor "scare" stories has passed an1
those who are hssing their trades on this feature
are determined to keep Ia position until the iaeS
come out. 90 ar reports from the districts " acre
Dams &c as most feared have not been at all
assuring 20 Shorts ndsshOuld the inJuiy de-
crease the yield about one half. "a some sdgoes
viii Doubtless result Otherwise the more COZ
seryaiiys traders seem inclined 10 favor Inc bear
side Al i ifUe acre VAS decrease IA the visible
sen will lha depletion that must lake piaes n
stocks err r drcef 10 any ordinary limits befo-e
next hSfv' 81 taat IL hsd litie eject on values x
is SUPP o CO 10 o. tho tntsIing wtdse, but tna. l.
about al Stiu. while the crowd are generally
sellers and The heavy short" interest is mlcl
scattered u Is 10 be noted that the huYng "A ely
has been N good sized block, snd the long"
grain seems bsco,nir 9 concentrated ia the hands
OF few OF the strongest men here, sncl sid
pold Bloom and J. T. kamme ser.
These men when they place their money
whenever May has gone below soc their brokers
have tas ever thing offered for that delivery as
well as for June This may later attract en- out
Size Trade, and should good speculative fever
once take possession OF the pit large stocks would
be lott sight OF in no time. This would be esOe-
ciaiJy favored at present By the fact that the ex-
port demand seems developing into something
more substantial than shadow, and she opening
OF navigation is at hand, when the large Q1anti.
ties OF grain Stored in vessels must be moved.
Again, the most vigorous bears are not talking of
any thing below 75c for Msy. while the bull ele-
mtnt think wheat st 90c would be che5p.
Corn has been badly neglected, business on
many days being scarcely sufficient to establish
quotations. Receipts a. yet show no material In
creese, while every day brings the time nearer
WREN farmers snd tesms must be other
ana the severe winter has induced a
free use Of IL feed and fuel, 70 that many shop
men co not bf lieve there is much Ia the c9uu-
ET now as traders are .uring on. The con-
sumptive demand CONTINUES bTssE az steady rates,
but the probability is that the speculative mark t
will slowly dTag slOng on sbOnt 81 even keel until
ana lew prominent zen quietly set into corn on
one side or the other and make ND the trade.
Cables quote steady markets abroad vita a brisk
demand and few lots Offering.
Provisions have been more active, but packers as
yet 60 not seem az al sverse 10 lower prices and
8 slumpy market encourages the boys 10 reu
Many shrewd heads, however predict that the
Gag Of settlement Is no, Tar on Stocks OF product
how much greater number OF hoss were packed
this year than last IL must be confessed that the
stun hes gone oil remarkably we'll Pork is OF
course the favOrte article, but lard IS receiving
good deal OF attention lately, aud business in IL is
about as large at any time since the famous Nc
Geoch deal paral! Zed the trade.