The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-03-23


of A. SIC; standard a, $780, Molasses steady
sales at lsc for 80 test Rice steady and in fair
demand.
Petroleum steady; United closed a. 76sc.
Tallow firm Rosin steady. Turpentine lower
1t Acc.
Eggs Armer; receipts, 9.o43 packages. West
ern. 122c.
Pork dull and nominal Cut-meats quiet and
firmly held Lard shade higher but quiet;
Western steam, spot, Soc; April, 62S06 23c;
May 80 06. Bic; June, 6 "a 06 35c; July, 641c;
August, 6 47c; city steam. 6 25c.
Butter firm and in moderate demand; West
ern. l203lc; Elgin creamery, 80 a 34c. Cheese
firm; Western, "a 01o4c
CHICAGO. March 22-There was a general
desire to unload wheat, and prices closed at the
inside figures of the day, showing drop of 1Sc.
The market was very active, but the feeling
was decidedly weak The offerings were large,
owing to lack of confidence, and the majority OF
spectators were on the "bear" side. liberal mum
Der OF orders were received, mainly, however, of
be desired, and Liverpool and New York dis
patches were favorable to the bears" The
labor troubles had depressing influence. The
opening was easy, with sellers at &c. but they
rapidly came down in their views I'M
til the market touched SOsc. During
excitement. The generally accepted theory
of the break was that several big firms were
helping some Northwestern friends out of bad
box by unloading their ''long" wheat. Almost
all the big houses We're flooded with orders to
sell. Much Of it was wheat. and stop orders pre-
dominated. The break was so sharp that not all
of them could be placed within 40sc Of the
limit Gradually tina market recovered to 8I4c.
Still later, on withdrawal of all support, it
again declined to 80ac, and went through the
same performance of recovering to little over
Sic, and, for time, touched bottom at 80Ac.
Trading was on an unusually large scale, but the
whole tone was one of decided weakness. May
sold quite freely at S0a 080sc, and closed heavy
at bottom prices. Corn was moderately active,
and, considering the depressing influences
up remarkably we'll The weakness
in wheat made operators .'bearish," and
the feeling was somewhat increased by good re
eeipts, lower Eastern markets and an increase of
$4,000 bushels in New York stocks The
shorts" had small profits secured them, and
prevented much of decline. May opened at
38sc. sold at $3.50, back to 38sc and closed at l
P. NJ at that figure, the same price as on Satur-
day. Shippers bought sparingly, owing to the
scarcity OF vessel room. Provisions were frmer.
and although the outside prices were not main
tanned, the closing figures, as compared with
those at adjournment of Change on Saturday,
show an advance of 07sc on mess pork and .02ac
on lard and short ribs. The firmness was due
mess pork and short ribs was tolerably active on
orders and local speculative account.
Flour quiet and unchanged
Wheat-The sales ranged: March, 752 a 772c,
closing at 75a 75sc: April, 75a 077ac, closing at
75sc; May, 800 a BE, closing at S0sc bid June 50
al $3.50, closing at 82c bid; No 3 spring, 700 76c
for fair to choice; No. red winter, 81 Oslo
Corn-The sales ranged: March, 342 a Soc,
closing at 34s 035c; April, 35 035sc; May, 383 "a
3ssc, closing at 38sc; June, 3Sa 38ac, closing at
3Ss 038ac.
Oats-The sales ranged March and April
nominally at 262c; May. 300 030sc, closing at
303 030se together bid. Rye was dull; No. 2 in
store, 58a 059c for gilt edge. Bar.ey-Ne. 2.
cash, Coo.
Flaxseed lower; No l. ST. 10a q 10s
Pork-The sales ranged: May So rs 90 co. clos
ing at So TIL $3.50; June, 49, 823 a g. 974c closing
at &c. 82k 09. 3d. July, So 7a. Lard-April, s. 97l
06c; May, 606.02ac; June, 6.05c; July. 6.12a a
6.173c. Boxed meats-Dry-salted shoulders,
800 03 95c, short-rib sides, 522k q Csc; short
clear sides, 5. 50a5 Doc
Whisky steady, at 81. IA.
Butter firm; creamery, choice to fancy extras,
% 03lc; choice dairy, 15022c. Eggs shade
better, at 10a @11c.
On the afternoon board wheat was active, ex-
cited and stronger, with sales at 76sc March,
8l5c May, 82aac June. Corn and provisions were
firm.
Receipts-Flour 5000 brls; wheat, "a, 900 bu
corn, 2O5, 600 bu oats, 81, 600 bu; rye, 1900 hu;
barley, $4,000 bu. Shipments-Flour, 5000
brls; wheat, 49, 900 bu; corn, 5000 bu; oats
1900 blu; rye, 1000 bu; barley, 49, 900 bu.