The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-07-08

blowing for several days received q decided inn
petus late yesterday afternoon, when st. Louis
parties came in and bought calls very heavily
up in the millions This procedure OF course,
advanced the speculative market, the gain be-
tween the closing yesterday and the opening this
morning being nearly &c. August frst sold at
62sc, having closed at sole. A little changed
hands at S2dc. but, opening as it did, at the call
price. the offerings brought out were very heavy
and decline to 621c quickly followed. Then the
shorts came in with perfect rush, and whlrled
| the price went up to S34c with very few stops
During this advance the pit was wildly excited
and two failures were reported There was no
scarcity of wheat for sale, which feature made
the aggregate trade something enormous. Guam
titles of s'lona" wheat, in which there was a
| decent profit, were thrown on the market and
realized on. From outside points the decline
was moderately steady to SIZE; then system of
fluctuations between 824c and 83Ac set in. which
lasted up TO noon, the inside figure prevailing
then. The close at o'clock was about steady
at the decline noted from the top. The
grains, or, rather, the line Of
cereals which generally attracts small
attention, was very marked. Oats were
big favorite with shorts These unfortanates
began buying September at &c advance over
yesterdays latest figures as soon as Change
opened, paying 305c for them. Before all filed
the price 31lc, with one failure as the result
OF the squeeze in that crowd. In the afternoon
the market became easier. Corn ranged pretty
Bull uuuor u ueuauu sulHcleUUy dCtNo " PuV
August up to 404c from the opening at 3s1c; the
principal call for it was before noon. The later
market was quiet and steady. Pork and other
hog products seemed to have no sympathy nor
anything in common with other speculative
articles. The market opened quiet and ranged
along, in a very steady way, within distance
of 10 0121c, the general tendency being down
ward.
Flour more active and prices firm.
Wheat-The sales ranged: July, old style,
79a 0S14c, closing at 79ac; August. 81 0S34c.
closing at S2sc; September, 83s 0855c. closing AT
83sc bid; October 84s 864e, closing at size bid;
No. spring, 80sc; No. red winter, 81s 8lac.
Corn-The sales ranged July, 3ls 037sc,
37s 039c; September, 800 @ 1ac, closing at 4o4c.
Oats-The sales ranged: July, 312 033sc.
closing at BE; August, 304 03lsc, closing, with
sellers. at 3Osc; September, 800 032ac closing at
30s q 3Ic. Rye firm; No 2, Coo. Barley dull; No.
2, new September, 69c.
Flaxseed higher. No. ], on track, $1100
L10t
Pork-The sales ranged August, 10000
10 90 closing at TO- 124 TO- Is; September, So Is
10 80, closing $40 22a TO- 25 October. $40 %
0I0 323, closing at $40 274 a 10.3 80 Iard-The
sales ranged: July, 6.47a &c SOC; August csc;
September, 6674 &C. 75c, closing at g Gle; Octo-
Der, 652a 571c. closing at 6s50c. Shortrib
sides lower at 6 22a DC. pc for cash; dry sailed
6 Coo
Whisky steady at 81 IA.
Butter and eggs firm.
Receipts-Flour, 900 brls; wheat 5000 blu;
corn, 29a 900 bu oats. 49, 900 bu; rye. 2. 900 blu;
barley. 800 bu. Shipments-Flour 5000 brls;
wheat. - 900 bu; corn, No. 00e bu; oats, 60, 600
bu; rye 1000 blu; barley, 1000 bu.