The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1888-10-03
MARKETS BY TELEGRAPH.
Produce.

NEW YORK, Oct 1.-Flour-Receipts, 3D.
627; exports, GOO bbls, "a, 455 sacks; 15025c
higher; strong; active; chiefly home trade;
ports 81, 800; sales, 23,5GO,OOO futures, $1,000
spot. Spot market 3Ca31Sc higher; very light
offerings; limited business; No. 2 red, 81 .04z
9l.O41z; elevator, $l.06@1.O61% ahoat, 81 .O6G1
l.O6z{ (. o. b.; No. red, 9719c; No. 4 red, 90C9
901sc; ungraded red, S0cGSl.l7: No. white,
$l04; No. red, Sl.09; No. Chicago, $1.O6k;
No. hard, $1.30 asked; No. Milwaukee,
nominal No. 2 white, Sl.02; options very
active, excited, irregular and 25s(d3c higher;
heavy buying by shorts and foreign houses.
Sales included: No. 2 red Oct, $l.O4A@
$l.0S1%; JAN, S1.O9@11.1O2s, closing $l.O915;
March, Slll@l.1lH, closing Sl.1lA; May, Sill
@ll2A, closing Slip. Stocks of grain in
store and ahoat Sept %: Wheat, 1851, 600;
corn, S4O,926; oats, 2,0l9,436; rye, $500;
barley, 2O,926; malt, 214,74S bu. CoRN-Re-
ceipts, 95,45O bu; exports, 5S,762 bu; sales,
100000 bu; futures 139, OC0 bu. spot. Spot
market &c higher; unsettled; fairly active; No.
?, 5lg5lHc elevator; 5lHCg5l5sc, 51lIG5lIc
aiioat; No. white 5593513e; ungraded mixed,
49%95lSse; options 5s92sc higher; active;
closing steady; Oct, 50X615l5sc, closing
sic; Nov, 51360g521Ec, closing 5l3@c; Dec.
5ll3@52c, closing 5l5sc; Jan, 4S2&@4STc,
closing 4s5sc; May, 46Hc. Oats-Receipts,
$4,000 bu; exports 103 bu; sales 100000 bu
higher; fairly active. Options active,
T9Hc higher; strong; Oct, 29}4G130c, clos
ing Soc; Nov, S03S@307Sc; closing S05sc; Dec,
3l9S93l$4c, closing 3l3c; spot No. white,
Bic; mixed western, 26(g3lc. COfee-Options
steady; fair; firm cables Sugar-Raw quiet;
nominal; refined quiet: shade lower; off "a, /"
6.94(g7c; mold IA" 75sc; standard "a"
isle; confectionery az ;" 756c cut loaf, SIC;
crushed, SIC. Eggs-Firm; western, 2l@21Hc.
Pork1Firm' quiet; mess quoted $l6@l6.5o9.
Cut Meats-About steady; dull; picked shout
ders,S1Sc; picked hams, 11@1115c; picked
bellies 91%dl0c; mddles steady; short clear,
9Xc. Lard-Higher, but closed weak; west
ern steam, S11.3j; sales, SI1.l5G11.25, closing
Sll.2O; Nov, S9.79@99O, closing $3.50; Feb,
SS.50GS.60 closing $S.53 Butter-Quet; easy,
western dairy l2@l413c; do creamery, 100
DC.
CHICAGO, Oct. 1.-The wheat market was
again very active and greatly unsettled, more
so than during the closing days OF last week,
and nervous, feverish feeling prevailed.
Fluctuations in prices were unusually rapid
and severe. Advances of &c between trades
and also declines of A9%c between trades
occurred during the session. Prices were adj
vanced some 41zGg4Szc above the closing
prices of Saturday, closing about &c higher for
Oct, 21sc higher for Dec, and 3%c higher for
May than closing figures of Saturday. The
opening was unsettled and &9l1Sc higher,
but the advance was met by very large offer
ings, the operator alleged to have control of
the maket being credited with selling 2,O00,-
600 bu for future delivery. But this
only appeared TO check the advance
for the demand was very active, and
when this large lot was absorbed the market
stated up halt cent at jump. Developments
to-day would indicate, and il is quite generally
believed, that some parties who have been sell
ing short of late have come to the conclusion
that il is better to cover, and the demand was
largely from this source. Two failures were
announced, which helped to unsettle affairs.
At the early advance, or when December
touched $l.0S, there was a halt in the advance
and reaction set in, prices dropped off IA
&c between trades, and butfew seconds elapsed
in the decline from $l.07 to 1861. Later the
market ruled more quiet, advancing some and
closed steady. A fairly active trade was wit
messed in corn, a frmer feeling prevailed and
fluctuations were within a higher range of
prices. The opening was quite excited, and
first sales were shade higher than the closing
prices of Saturday, after which the market adj
vanced with some reaction &c, declined &c,
ruled steady and closed with Oct. nc, Nov. sc
and May &c higher than Saturday. There was
an active demand for November, this future
selling one time at &c premium over
October. There was also considerable
changing of October into the deferred
deliveries. Deliveries on Oct. contracts were
reported moderate, about 100000 bushels going
around good share OF which was said TO have
gone to a large local operator. The advance in
other markets affected oats and caused prices
to rule 1s(g14c higher, with near futures closing
better, but May unchanged. In mess pork a
large business transpired in Oct. and jan, but
trading in other months light. Shorts bought
freely and absorbed the offerings with such
avidity that after decline of 25c sharp adj
vance of 55c followed. AT the outside prom
inent house sold heavily, and prices declined
1711920c and the market closed steady. Trad
ing in lard early was active, but chiefly in the
near and very distant futures. The market
opened steady, advanced 47l<c on Oct, de-
clined size. The other futures iuctuated with
in a l5g30c range, and closed easy. Short ribs
sides were traded in quite freely early, but an
unsettled feeling prevailed and prices ad-
vanced slightly. Later the market became
quiet and closed steady.
The leading futures ranged as follows: