The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-06-03
NEW YORK AND CHICAGO.
Yesterdays Quotations on Produce at the
Two Great Centers.


NEW YORK, June 2.-Flour--Recepts, 20, 126
brls exports, 4O1 brls and s, 1853 sacks Tho market
was little more active mainly in city mill orders;
prices rule about steady; sales, 10000 brls
Whsat-Receipts 1888 bu exports, SOS. 0o6
bu; spot about lie higher, with moderate export de-
mand; options opened weak and a shade
lower, later advanced 2la027sc, with con
siderable excitement, closing unsettled, with
q reaction of 405sc; sales. 1852, 900 bu
futures $4,000 bu spot, No. 2 Chicago 840s54c;
No. 1 Northern, sSioe; No. hard, 9Oa92c;
graded red. s3a 0S97sc; No. 2 red 9314084c store;
No. 1 red. 94c to arrive; No. l white 90c; No. 2
rad, June 82ss0S47sc, closing at 4stc July. 631a
at s65sc September s47s 87iac closing at 81 dc;
October 857s $500. closing at SSl4c; November,
s79s9i4c, o closing at soi4c; December ss09oac
913sc February 9O1s0923sc. closing at 923ec;
May, 9Sis095&c. closing at 95ssc
port demand fair; options opened 40sc lower later
reacted and closed shade higher deliveries after
June; receipts, 213000 bu; exports $3.50 bu sales
42c; No. g. SAC; steamer 3sisc elevator; No. 2. 43c
elevator. ALA 44l2c ahoat low mixed, $780, No.
43l4c; July, 4.as045c closing at 447sc; August,
45ss046c closing at 45 7sc; September 46ls046 2c,
closing at 46lac.
exports, 74s bu; mixed Western, s2o35c; white
Western. 32032iac.
Hay steady aud quiet; shipping, zoe.
Co&ee-Spot fair Rio steady at 9Ssc; options
shade lower closing frm sales II. 1872 bags; Sep
TENDER, 7.sos; October 1850; Neeyember. 1900
Sugar dull and nominal; fair to good refining 4as0
47sc; refined duh. mold A Csc; graduated, &c.,
Petroleum frmer; United closed at 65l4c. Tallow
steady. Turpentne firm at Sac
Eggs quiet; receipts, 7,4ss packages; Western
Pork dull; mess, SO 092oc. Cut meats firm; sales
of picked bellies, 51ae; picked shoulders, ei4c;
picked hams lie. Lard trihs higher bu, exceed
june, 6.O6o6 ose: July. s. isc August $50 S5. &c;
September, 6.34c October, 6A006.43c November.
6.4006.42c city steam. 5.90c.
Butter dull. Cheese quiet aud weak.
Copper weak; lake. 1ois0 iol4c Other articles
unchanged
CHICAGO June E2-There was an easy feeling in
wheat during the first halfhour of trading to-day,
July delivery touching sc within fraction of the
lowest figure at which the option has sold in many
years. From that moment good buying sct in and
before the close of trading, late in the afternoon
Dull movement had been inaugurated which carried
cserythng before 1t and produced something akin to
panic among the small bear traders. The scramble
ing the last half hour of trading in the afternoon was
unlike anything witnessed before in many months
The pit crowded with excited endeavoring TO
cover trades on which margins had been exhausted.
The revulsp from the prolonged bear market was SO
sudden and pronounced that it occasioned no alarm
among msny Of the bear" traders, but when an ad-
of &c from inside figures had occurred and
prices kept On moving up many of them became fran.
tie buyers ard materially aided the feeling of buoy
ancy. In the afternoon July delivery touched 777sc
advance Of ies from the lowest price of the
ing and closed for the day at 77iac Tie decrease of
nearly 5000, 600 bushels in the visible supply was
Oh the strong bull arguments but the advance
attributed to influences entirely apart from this
feature of the market. Corn, and oats improved
slightly during the session. bur finished easy. Pro-
visions showed slight improvement.
Flour steady and Arm.
Wheat active and 5uoyant closing. at o'clock &c
higher than yesterday. The sales ranged: June, 727a