The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1888-05-09
MARKETS BY TELEGRAPH.
Produce.


CHICAGO, May The first hour on Change
was very dull Opening prices ranged Just triho
better than the closing figures on Saturday. About
II the wheat pit livened up and the market became
very active. Shorts, who realized that they must de-
pend the tail end OF the Old crop fiji contracts,
bought June wheat; then the visible supply figures
came, showing decrease OF $4,000 bu. for the
week, encouraging more buying. This was followed
by reports from Missouri which have been recently
conceding that the damage was more than expected.
On these things there was an active market from IL
a m. until the close, when the advance Tor the day
was about 944sc. June opened at S2ts9s21zc, sold
up 10 $3.50 July opened al o31zc and sold at $3.50
Corn sold within narrow range, and while the gen
eral feeling was strong, the large receipts and the
large increase in visible supply, large percentages
Of which is no. ?, prevented any special advance
Closing prices were very near the outside Tor the
day, and fractionay higher than on saturday. Alay
closed at 571ei July opened at 5J24cs
sold at .5J5sa557s. and closed at 5554c:
the market strong and advancing. The amount in
store is small and holders don't inclined let
tie P'lce uIYP az liis anu consequently the surts
were covering at a little higher figures every day:
May oats sold up to and closed at 34l4c. July sold
up from 3212c to SIC, closing at S21s. Provisions
were quiet and steady, trading being mostly
professional. Short ribs were the most attractive
and sold early by strong parties who changed their
minds later and bought back their purchases at
higher prices. July ribs sold at S7.571s9z65 and
closing at S765. sept sold at 8. Lard for
July sold at SS174dS221 and closed at $50. Pork
for July at Sl422%914 IS and closed at S4.S5. The
statement of visible supply OF grain May g. as
piled by the secretary OF the Chicago board Of trade
corn, 9il5,61l, increase sS5sO; oats, 4l54gD, in<
crease % rye 259 Oj9, decrease, 46 l5l; barley,
$685., decrease, S5,9S9,
Cash quotations were as follows; Flour-Quiet,
firm and Unchanged no. , spring wheat, S2@S21se:
red, SEC; no. corn, So a575sc; oats Bic;
no. rye, Csc; no. barley, 5597se; no haxseed,
Sl.45; prime timothy seed S2.5092.S0; mess pork,
S4.25; lard S5.l712dS2O; short rib sides llO0se),
$50; dry sailed SHOULDERS (boxed) s6@6.2j; short
clear sides (boxed), Ss9s.O5; whisky, Sis.
NEW YORK, May 7.-Flour-Receipts, 6,O49
or+e brle md caqNE nmfn
and rather firm sales Is 500 brls patent Minnesota
extra good TO prime, slGo94sj; choice TO fancy do.
S49095l0 Wheat-ReceiptS, 302j0; exports, nonei
sales 1,44S,0O0 futures 1900 spot; options ruled
easier, and declined 143sc; later ruled stronger
covering, and advanced 2s9tsc closing at the best.
Speculation quiet spot steady but very quiet; un-
graded red, 94d9Jc; no. red, 9413G95c elevator,
9GAG97lIc delivered, 951ze {. O. B.. no. red May,
$3.50; July, s25se closing 933Ec Aug, 929995sEe,
closing $3.50; sept, 923s@953sc, closing $3.50;
Nov, 9I19aa5c, closing s5e; Dec, 90 996e clos
ing 96c May QsSs) 97]4gSl.OO1si closing SlOo1s.
CornReeeipts, 81 $50; exports, none sales, $4,000
futures, $4,000 spot Options duh and somewhat
irregular; opening weak and 14Gssc lower later ad-
vaneed 1<939e, closing firm. Cash lots firm and
quiet ungraded, 65 9671Sc 3, 44G61ze eleva-
livered; yellow, 6654c deliveredi no. May $3.50
64c, closing 64ci june, 65zqg6S, closing Ssci
July 689e514e 10, closing 654e S, Aug, Aug go. go
655Sc; Oct, 6S1e@6S34c, closing CSC; Nov,
&c. Stocks of grain in store May 5: Wheat
20 ~; malt 2S2 SO Oats-Ieceipts 63 O00 exports
none; sales 100000 futures, $4,000 spot; 14dLo
higher and more active; mixed western, 37G39l2c;
white do, 42G46c. Cotiee-SpoJ, fair; Rio quiet at
1jc. Eggs-Firm and in fair demand western, 13lS1g
lie; receipts 1910 pkgs. Pork-Fairly active and
firm, united. Cut meats firm; picked shoulders,
$50. Jard-66S points higher and moderately act
i've; western steam, spot, SS.90lts55; May, So43lg
847: June SS3SGS.43 July SS.So9S.4f; Aug, SSfSs
S.47; sept S. 45aS AZ; Oct, sS456S4S; city steam
ss1O Butter-Quiet and weak; western, lS9261zc.
CINCINNATI, May 7-Flour-Strong higher;
family, s3.6jG3S5; fancy, SllO9L2O. Wheat-ln
good demand scarce; red, Soc receipts,
300; shipments, 1000 COrn-in good demand,
higher; no. , mixed, 5s1Sc. Oats-Stronger; no. =
mixed S5G3jLc. Rye-Dulli no. ?, csc. Pork
Quiet; $3.50. Iard-Strong; held at 5. Bulk
meats-Quiet; short ribs, $50. Bacon-Steady;
short clear So Whisky-Fim. Butter-Quiet,
fancy creamery 26@21c; prime dairy roll l4@l5c.
Linseed oil---Steady 5000 cugaT-ln fair demand;
hard refined 71saSc; New Orleans 59554c Eggs
Firm; scarce l2tac- Cheese-Firm; prime TO choice
Ohio fat, recent make 10Gllc Eastern exchange
firm.