The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-03-22

Total. 1926, 433 BOZ Increase 400
Outside New York. 273. 308. 807 Increase 22.6
| Denver and Galveston not included in totals.
| YORK AND CHICAGO.
Vests -ay's Quotations on Produce at the Two
/ Great Centers.
| NEW YORK, March 20.-Flour -Receipts,
IA BOZ brs; EXPORTS 1896 brls, 1888 Sacks dull,
unsettled and weak. Sales, 10000 brls. Super
fine Western and State, 50. s5@325; common to
good extra Western and State, $33003.75; COM
mon to good extra Ohio, So. 250525.
| Wheat-Receipts, 2S050 bu; exports, 1898
bu; spot lots dull and somewhat nominal, ex-
porters still holding off; options opened de-
pressed, and declined s0sc, afterward ruled
| stronger, and closed showing recovery Of I a
lie. Sales $500, 900 blu futures, "a, ZOO bu spot;
No. 2 spring, 95ac No. Chicago, Ole; ungraded
red, SAFE; No l white, 97c; No. 2 red nm
closing at 93sc; May, 93a 094c, closing at 93sc;
june 944 094sc closing at 94ac; July, 94a Soc,
closing at 95c; August, 94a 095sc, closing at
95sc; September, 95s 96sc, closing at 96sc; De-
| cember, 99sc 0$1 closing at 99sc.
| Corn lower; receipts, 19l, 400 bu; exports, 3d.
057 blu; sales 1886 900 bu futures, 365 900 bu spot
| ungraded, AZ 0454c; No 3, AL 045c; steamer Al
044ac elevator, 45a Acc afloat; No. q 45S 045ac
elevator, 46ac afoat; steamer yellow, Al @ 45c
4
Acc; April, 46! 46sc, closing at 46sc; May, 1870
47sc, closing at 46sc; June, 470474c. closing at
| 474c; August, 4sac; steamer, March, 44ae; April,
45a a 54c.
bu mixed Western, 343 038c; white Western,
80 044c.
Hay steady and fairly active
| Coffee--Spot fair Rio firm at $50; options
moderately active. Sales 1920 bags; March,
| 71007. l5c; April, 710c; May, z05 OF l0c; June,
| &c; August. 7.10c; September. zO5 al. Zoe; No
| vember, 7.10c; December, 71Oc Sugar steady
and quiet; cost and freight, $500 for 96-test;
| fair to good refining quoted at Al 04sc; refined
dull extra G, 5s05ac; white extra G, $50
7-16c; confectioners' A, 6ac; standard A,
| 8 15-l6055c; cubes 6a0 7-l6c Rice steady
| and demand fair at &c.
| Petroleum firm; United closed at 76sc; refined,
| 7ac.
Lard steady and quiet; Western, spot, 625c;
| choice, csc; April, 6.26c; May, 6.2Sc: June,
6 $50; July, 639c; August, Case; September,
| csc.
Butter frmer and in good demand; Elgin
creamery, 80 a 34c
| Copper firm; lake, 11ac. Lead firm; common,
| $4850490.
Tallow more active and steady
Rosn dull at $l.023 0ll0 Turpentine dull at
Ate.
Eggs steady and in fair demand; receipts,
| 1921 packages; Western, 12ac.
Pork dull and declining; mess, So IS a TO- Is for
| old; 81 for new; short clear, $14 Cut meats
| firm; picked bellies, D. lac.
CHICAGO. March 2O-The fact that May
wheat sold on the curb yesterday afternoon as
low 81ac and some sales were reported as hav-
ing been made at 8l4c, together with the failure
of the Lehman Elevator Company at Duluth,
| produced decidedly shaky feeling among Chi
| cago's Spectators and general belief that the
market here was going to pot" to-day. The at
| tendance on Change was the largest that has
| been known for many days, and the faces of
m " n p a M
| personally represented were seen among the
crowd. Pillsbury, the great miller, and Barnes,
| the elevator man, his North western coadjutor.
were on the floor early. Report has it that these
| two gentlemen are partly responsible for the
decline of yesterday, they having let 60 their
| holdings of wheat, which amounted to several
million bushels. When the bell tapped at $50.
| trading began with roar, but it was found that
| the Lehman Elevator Company failure, of
Duluth, which was the disquieting factor in yes
| terdays late and this mornings early trading,
| had been discounted. The company was slong"
about GOO, 600 bushels. all of which was dumped
| yesterday afternoon on the break. The failure
| seems to have been due more to the absence of
the partners from their proper places at the crti
| cal time, than 60 lack OF assets. Soon
after the opening, however, May wheat,
which started at 81 sold down to 81. The ex
treme weakness can be imagined when such
| enormous purchases as were made at the open
| ing for the account of the big "shorts" did not
stop the decline One house alone bought 3. OO0,-
| 600 bushels, selling some for June, and another
| was nearly as large buyer but even with this
| buying supplemented by others all over the
| floor, the market declined till noon. The report
of the taking of 100000 bushels of wheat at
Baltimore was the first reassuring news
that anybody had. On this the
market turned. The close at o'clock p M. was
81 82c, just about where the ''puts" sold early
last night. The offerings were very largely on
outside accounts. Commission houses have been
| calling margins sharply of late, and the result
4 has n oh mt f Wa Trf trad
holders. The purchasing by the short" interest
| to-day was about the only visible sustaining
power in the market. Corn was active and
| higher to-day; it acted on an independent plat
which advanced from 38ac at the opening to
! 38s 038ac at the close, with steady
| buying throughout the day. Oats were unset
| tied and active; May opened at 30ac and ad-
vanced &c, then sold down to 301 a 30sc, and back
to 30sc, where the price rested at o'clock.
| George Ellison was the principal buyer, and the
| selling seemed to be chiefly on account Of
Chandler, Brown e Co. No special cause was
assigned for the interest taken in this ordinarily
neglected cereal. Provisions were dull and gen.
orally higher although the opening gave prom
| Use of another day of weakness and low prices.
/ Pork. ribs and lard closed about &c higher than
| yesterday.
Flour quiet and easier; prices unchanged.
79c March, 76a 0771c, closing at 77ac; April 76a
| 0771c closing at TIC; May 81D82sc, closing at
SO 082sc; june 82s q SIZE, closing at S2sc; July,
/ S40S5c, closing at sac; No. spring 6907Oc,
| Corn-The sales ranged: No. q cash, 354 a
364c; March, 80 o. 5sc, closing at 354c: April, 80
035ac, closing at 354c; May, 38s 03sac. closing
at $500 bid; June, 38a a 38ac. closing at 3sac
Oats-The sales ranged: No. 2, cash. 27k a 28c;
March, 26sc; April, 26ac; May, 3O4 q 3Osc closing
at 30sc bid Rye-No 2, cash. 59c. Barley-No.
| 2, cash, Coo.
| Flaxseed-No. l. $L111.
Pork-The sales ranged: April, $962Ao965;
May, So 60 90 72a, closing at So 20 90 72a; June,
So 10 so, closing at So III; July, So 50. 1855
Lard-The sales ranged: April, 595 05 974c;
May, s. 97a 600c June g. OH 06. 05c; July, g. 10c.
Dry-salted shoulders, 8 90s'3 CSC; shortrib sides,
| 52005.22 4c: short-cear sides, 55U0 DOC.
/ Whisky steady at 81. IA
/ Butter and eggs unchanged