The Indianapolis sentinel. [volume] (Indianapolis, Ind.) 1880-1904, 1885-05-04
CHICAGO SPECULATIVE MARKET.
The Market Broken Up ny the Removal
of the Board Of Trade to Its New
Qusrters Business Features
HIch the same 30 Here
tufOre.
Special % the sentinel.

Special 20 the Sentinel.
CHICAGO, hay 2.-The weeN on Change has been
badly broken By the removal OF the Board OF
Trade into their magnificent new quarters. the
holiday of wednesday for the dedication of the
new building and the general hubbub and over
turning incident to the change of offices By nine
tenths OF the brokers here. Thursday the boys
got a chance TO uy tHeir voices ia the lofty new
hall, and they yelled they never yelled before
just to see If they could not start crack some
where but 1t was all solid.
The prominent features OF the weeks market
have been much the same as those OF the three or
four preceding ones Everybody has again given
al their time and attention TO watching for the
slightest news from the other side pointing toward
peace or war. Dispatches have generally been
considered rather more 1elligerent aud couse-
0uently the ruling tone mss been irmer. RumOrs
OF the most sanguinary character have been circu-
lated daily although the majority have been
greater advance would have been recorded had
not the continued heavy realizing by conservative
longs kept buyers hIleo up. stu the sentiment
OF the crowd seems 10 nave undergone another
chsnge, and from being inclined TO view the war
as an improbablity. or, al least. with indifference
they have grown TO regard it as an established
fact. and each little dea er has laid away few
thousand bushels Of wheat in preparation for il.
Counirymen, too, have esugAs the fever and
placed their SAVINGS on the bulls side.
The decreaee in the Wis bic supply was abOu. the
same as that shown Dy the previous statement aud
his week. however, the move nent throughout
the country has been more brisk aud largsr
SkrtuEage IS expected. Crop news is not 50
plentiful as II Nas two weeks ago, and as nOtl-
Ing is now heard from the msny acres - i4ll
SoSn grain which were reported entirely dead tie
supposltion is that they made better showing
when the grass began 10 get under way.
AS before stated no intelligent forecast OF the
future course OF toe market can be attempted ul-
I'll something definite IS known regard ~ the
situation abroad. So long as the deal hi1gss On
war nothing can be said which the appearance OF
a new factor IN the field may not render utterly
yalneless in an hour The market is nervous,
fsyerisn and responds readily 70 the senSeless
rumoIs constantly current on the floor. As an
operator remarked this morning: ''He IS fully as
able TO win who invests BIZ IDLY az he who
studies for days on the situ8tiOn" Tnefe IS more
grain in sight than ever before at this season b1
sctuel fighting would make Il a light load while
should peace result the material iupr0 gement 10
the crop outlook may give the bears the sd-
vantage.
The recent vote Of the Board to hereafter accept
trades as sms IS 0,0 bushels OF grain AID dity
packages OF provisions. having been followed By
refusal TO admit the Western Union wires IN the
new building, and tne consequent destruction of
a majority OF the BUCKET shops, seems likely to At
trade heretofore enjoyed by these institutions.
commission men report no end OF inquiries re.
gafdlug small dealers, aud special arrangements
have been made on the door for filing such
Gers.
Corn has ruled firm and higher. partly in SYM.
patty with wheat Snd partly on its own merits
cash grain is 10 sharp demand 10 the fun extent
OF the supply. A Nav squeeze Il thought 10 Oa q
sure ming in New York. where the entire stock is
lcEs than a million bushels Here the Les -
crowd have bought steadily throughout tao wesk,
Snd notwithstanding the assertions Of tue bears
10 the contrary. the short interest mu6g be arye.
should there he q war u woHId actually cause
break IN product Hogs come IN freely