The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-10-04

52c; N~svember, So s541c. closing at 53e; Deem
Der So 954.c, closing At Sax January. - G49sc;
Nay, IS 49c, closing 1T 4se.
Osts-Receipts, AZ. 900 bu: exports. 116 bu;
sales. 295, 600 bu futures. l62, 600 6u spot. SPOT
market I a &c higher on mixed; barely steady
on white, fair trade. Options sdsc higher;
moderately active; October. 80 a Sole, closing at
Soc: November, 800 03lsc. closing az 3lsc: De
cembsr, 3lsas24e, closing Al 32te: spot No: 2
whlts. 33s a34c: mixed Western. &c a &c; white
Western. % 43c; No. 2 Chicago, 31c.
Hay quiet and steady.
Hops firm and quiet
C~ofee-Options steady. Sales. l03, 900 bags.
l2. IS a II. CSC; December, IL 25c; January,
IL 55 lie; February. IL. 50 q l2c: March, IL 750
lie; April, ~1I.so912c; February, PC:
June, 1L65112o5c; JULY. II loc; AUGUST, ia
IL 1oc; spot Rio strong; fair cnrgoes, l5sc-
SIsar-Raw dull; nominal; rednad essier and
quiss; mold A. 7ae; standard A. &c: CONNECTION
ers' A, zee. powdered, &c; .granulatec. 1kc;
cubes. &c. Molasses quiet: sales, Trioidsd. &c.
Rice strong; in demand; domestic, a 0Sae. for
-ign. 4s 04sc.
Eggs firm and in fair demand; Western. 219
2!ac; receipts. 4,34S packages
Pork strong; mess quoted as 316.250lZ. Cut
meats strong; picked ehouiders. SSc; middles
strong. Lard-Spot dull and higher: Western
quiet; sales: October. II. Soc: November, go
az 9sc, closing at $3.50 asked: D~cemhsr: a5
os. 96o, closing at {. 96c; year option. 8 95 0s.96c.
closing at 8 Soc; January. 8.I6S8.80c, closing at
g. 19c; February. s. I6 6.SOc; March. Soc.
Butter steady; Western. 13014sc; Western
Is abe. Cheese stronger on fancy;
Western, 8093c.
CHICAGO, Oct. 3.-The feeling developed in
wheat in this market vas greatly excited again.
moro 50 than on any previous day, being the
outcome Of wild speculations. Some OF tho old
eat operators described to-days opening, with
the exception of war times, AZ without a paral-
lei. Possibly never in the history of The trade
did prices fuctuate 40 wildly as to-day. Almost
the whole range OF the days market. which
was z cents, was covered within six min
utes from the opening. This will illustrate the
condition of tho market Prices ran IN and
down l cent at Q jump with no trades ct utter
veniug figures. When operators began TO buy
there was but little wheat to be had, ADD when
they wanted 10 sell there was but little demand
20 take the wheac To-days business shows
u marked falling of as compared with the pre-
cediue day, and the trading WAS principally in
the wav Of evening mp and settling trades.
Operators do not care to sell on such . market
as 10 10 too easily controlled. and at
the same time maIy operators would not
risk buying at the prices ruling. Many mer-
ing new trades in wheat for the present, &C
least. and there is rapid settling mp, or evening
mp, of trades. Some parties who have held to
the bull side were reported a. selling to-day,
though others predict and are holding for
higher prices. AS to the opening. the
first few trades were at q &c over ths clos
ing figures OF yesterday. and Immediately sold
BIC more. or. in other words. prices were 9fc
higher for December within five minutes after
the opening than the closing figure Of yesterday.
Prices almost Immediately declined &c and
then fuctuated very frequently within 1ic
range, again sold mp to the top figure. back &c.
and closed 3ic for October, 40 higher for
Dscember. and Sc higher for May than
sign markets were better and higher. and
domestiv markets decidedly higher than yester-
day. Duluth No. i hard sold loo above Chi
csgo No. 2. The corn pit was the scene Of
activity and confusion the entire session. fuctu-
atoms being wild and the course OF prices diff
cult to follow. 90 excited was the nit at times
Tho feeling was greatly unsettled, and probably
az no time since Nav has the market been so
excited and unsettled. The trade WAS mainly
70 November, and this future fuctua,ed, within
a 3ic range, a nervous feeling prevailing regard.
this month and some talk Of a squeeze
was intimated by several operators. which
created an active demand from "shorts,"
and in evening up prices advanced
ioeal influences. the advance in wheat having a
Strengthening effect on prices. Opening sales
were ! ollie higher than the closing prices OF
yesterday, alter which the market ruled wild
and the greatest confusion prevailed Prices
advanced In jumps Of 10 until an advance Of
DC was recorded. when the market reacted al
most as quickly, declining 31c, ruled very unset
tied and closed with October sc, and Der
lac higher than yesterday. The market for osts
has at last fallen into line and followed the ad
vaocing tendency Of other cereals. q very sub
atantlai advance being shown in to-dav's range
OF prices. Trading in future deliveries was
more active, the demand good and not so much
for the purpose of covering "sho.ts" As in the
way of speculative purposes. Mess pork was
active but unsettled. The general feeling
was stronger. and prices ranged higher early.
January received the most attention. aud large
lots changed hands frequently. Longs" un-
loaded freely. and the bulk Of the buying WAS
TO cover 'sborte.' Opening sales were at %
Soc advance. january sold up 25c more, de-
clined TO opening figures. became irregular and
advanced TO previous outside priess, but the
market closed easy at almost the lowest figures.
Lard was moderately active, stronger and high
or. Offerings were not large, and the demand
mainly for covering outstanding contracts.
Prices opened % o .l2lo higher on the active fut-
ures and advanced. 024 a Csc, receded slightly aod
closed easy. Short-rib sides were traded ia to
a feir extent at a higher range Of prices, open.
ing at an advance Of .35c on October and .2oc on
January. receding .l5c on the former and .05 d
| .0Iic on the latter, raIlying slightly but closing
easy. The leading futures ranged az follows:
n.- ILL., - .