The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-07-09

September 9.7519.eoe; October, $50 09. Csc;
December, 9.5509.65c; May, $50. Sussr-Rsw,
strong fair refining Acc; centrifugal SO test, o%c'
5a05 1876; extra c. 6osisc; White extra 9: Ga
D6isc; yellow, 55sa5 &c: of A, Csc; mold A, isc
standard 6Ssc eonfect onsrs A, 6Ise eut a9:s
7lsc; cubes 7.3107ssc. Molasses firm at 19sc
bid for so test. Rice quiet
Tallcw easier, at 37so3 15-16c for prime. Rosn
dull stSlO7lso1.l5 for strained to good:
Eggs moderately active and steady receipts Z,4oo
packages; Western, 17016c. ,n
Pork steady; mess $3.50 5.25 for new. and Sia 40
14.25 for old. Cut meats quiet; middles dni anu
nominal. Lard spot higher and closed firm; Western
steam. s.55ss.S2isc; options moderately setive'
slsas ss8 sss o:sobss Size Sovsnssr Sc
Butter dull; Western, l30l9l1c- Cheese dull ana
easy; white and colOred Ohio fat. 70si4c.
CHICAGO, July 7-To-day's condition OF wheat
the reverse Of yesterday. Prices opened strong,
and the first move Was . decline of cent In seins
for the reaction the crowd evidently overdid the
thing and there upturn in prices which re,
gained most of the loss before noon On a second
bulge after IL o'clock prices went several points
above the closing quotations last night. The early
selling TO-DAY was continuation Of that late yester-
dav, when it was thought that the foreigners were
working the market Some regard the GJse od
natural one. Cables again quite favorable
while $4,000 bushels were exported. be-
The way which July wheat is held caused it to sell
ct Tee premium over August early to-day. August
prices ranged from 81 7ec down SO'sc MP to 81 12c
back to 1880 up to 81 Ssc. and the later bulge
advanced nearly lie additional TO s24c. returning to
81 cents soon the little furry was over. One
cause for the strenth was Bradstreet's estimate on
visible and invisible supply of wheat which was
of bullIsh character. Wheat closed for the week
strong and at outside prices for the session: july
s5c; August, S24e; September. 81 7sc. Corn was
quite strong during the greater part of the session
There was little dip in prices from the opening fig
ures. whom wheat sold off To- but the feeling vas
bush the conditions and the closing prices were
nearly lie higher than yesterday. The elements OF
strength were the decrease of nearly 100000 Blu
in the local stock for the week the light receipts to-
day and the light estimate for Monday, the good cash
demand. the light offerings and the persistent buying
bya large local operator. July ranged at 1850
50aoc. closing at 50isc. August sold at 1880 down
TO 49sed49Aac, up to 504c closing at 5Oa9c.
Oats attracted considerable attention because of the
little squeeze in July, very similar to the last
month The shorts were obliged to buy, and prices
for the month went from 81 Tee to 32l4c closing at
3212c. Other futures were little changed. Pro-
visions traded in to . moderate extent and an
easier feeling prevailed closing sales being at de-
cline of al i2c pork 05c short ribs but steady
lard. Offerings exceed the demand even shorts
who bought moderately yesterday being indisposed
to take hold. The leading futures ranged follows: