The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-08-21

quiet; fair cargoes. l4lc. Sugar--Rsw firm.
more active: sales of centrifugal. 90 test. &c;
molssses, IS test. sc; muscovsdo, So test. DC;
refined very quiet but steady. Molssses nomi-
nal Rice in moderate demand
Tallow steady and quiet; prime city, asc.
Rosin dull; common to good strained. sl.O290
Lotto.
Eggs, more demand; prices better; Western.
15Sl!c; receipts, 1857 packages.
PORK quiet and unsettled; mess. Sl42 % Tor old
and sl5. % a IL so for new; cut meats quiet;
middles firm and quiet; short clear. 9sc. Lard
Srot stronger on small supplies; spot, 9.3Oc; city
steam. 3 Soc; options advanced D points. closing
strong on small receipts of hogs: trading quiet;
August. 925c asked; September. $40 DID;
October, 9 OF g. 03c, closing at 9.02c; Novem-
Der. a.40c. nominal; December. 6.04c bid.
Butter steady; dairy, IL l5c; creamery. $3.50
l9sc. Cheese dull bot steady; Western. q 0I.c.
CHICAGO, Aug. 2O.-Busiaess on Change
was resumed with considerable vigor this morn
ing, and the tendency Of prices for cereals and
hog products was upward. The action Was slow,
but was marked by little nervousness and no re-
actions. Wheat started out fairly active and
strong. but as the session advanced . bullish
feeling developed, and at thirty minutes before
the close the prices Of all futures were advanced
3c, with the crowd elamoring for wheat. and not
a great deal of It for sale. The news wss not
altogether brllish, but that made no difference.
The activity and strength of the morning took
September close to Soc, from which there was q
reaction 10 sac on q quiet spell before the Wis
ibie supply was made known. The figures
showed an increase of 1.035, 900 bushels. when
il was generally expected the increase would be
over 2.000.00 0 bushels Cables were OF
. nature TO encourage buyers. while re-
ports from the Northwest were conflicting.
some of the more sensational kilograms from
Duluth and slsswhere helped the bullish feeling.
and about noon prices advanced quite briskly
about lie additional. Wheat closed very strong
on the reports from the Northwest The closing
prices show an advance of lie for the day. The
corn market was dull and heavy. and closed
about steady at Saturdays prices. There would,
no doubt, have been a lower range OF prices but
for the great strength in wheat. Early IN the
session September sold from 44sc up to 45c. but
when the cars for tomorrow were estimated at
725 there was q sharp decline to 44sc. from
which there was q gradual rally, with the close
at 4fs9c. Oats were slow. and futures were O
&c lower, in sympathy with corn. Lard was but
a few cents higher. bat short ribs and mess pork
were bulled by the local crowd, assisted by the
fact that 10000 poor-quality hogs were quickly
bought mp at the yards at higher prices. In mess
pork the trading was quite active at the ope ming
and q stronger feeling prevailed. first sales be-
ing at an advance Of l0c over Saturdays closing
figures. Outside buying orders were soon filed
MP. offerings increased and a recession or I4D
l0c followed. During the middle Of the session
the dullness became decidedly striking. but be-
fore the close trading increased slightly. and .
reaction Of 2ka5c followed, but the market
weakened and closed at inside figures. In
short ribs, first sales were at .073 a. lOc advance,
a further appreciation of .05c on October fol-
lowed, but a recession Of Toe was soon recorded.
Later, the market became frmer aud closed
steady with the bulk of the decline recovered.
The leading futures ranged az follows: