The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-04-18

4c better; mixed Western 3s0t0c; white West
ern 42d46.
Hay firm and rather quiet: shipping SO a Csc.
Coffes-spot fair Rio quiet at l44c options
shade lower and less active Sales. $4,000
bags; April. IL 90 a Ii. l0c; May, 10 so DI0 Soc;
June 1000 clio 65e; July. 1920 q 10. 25c; Au-
gust 10 Doe; September, 80 q g. 90c; October,
9.S0c; December, 300 % 90c; January. 90c;
refining quoted at I3-l6c: centrifugal. 96 test;
51c molasses grades. a 4sc: refined firm; yell
low, 5-l6 rs 7-l6c; of A. 1-ISc; mold a. &c;
cut-loaf and crushed, Sc; powdered, 707kc
Moasses steady. Rice steady.
Taliow very firm. Rosin dull at 81. GOAL 221.
Eggs lower and weak; recaipts, l3 GEO pack
ages; Western. 15A a Ice
slJ a15.25 new. Cut meats stronger; picked
bellies, &c; picked hams, 110I 14c- Lard
opened 3 points higher closed advance lost;
Western steam, spot. s. OF a e75c; April, 500
04c; May, 8.0008 O3c; June. 800 q 8 07c; July,
OF .09c; August, SO908 l2c; September.
& l5c: October, s. 15c
Butter steady on fine grades; Western, l6 q 2Ic.
Cheese quiet bnt steady; Western fat, liz lie.
CHICAGO, April 17.-When trading began
on Change this morning the interest IN wheat
exceeded that OF previous days since the revival
Of speculation the floor. 60 strong was the
"bulP' feeling that the opening was just lc nigh
er than the closing last night and during the
nrst hour the range OF prices covered lie for all
leading futures. Wheat sold to-day &c higher
than il did seven days ago, ranging at BIZ %
824e for May. The early rurnor of the death of
Emperor Frederick and the excitement over the
crop situation, together with the buying craze
which comes with any successful bulge. caused
prices to jump at one time nsarly &c over the
outside price on Monday. Realizing later
brought a sharp reaction, which wiped out part
of the advance The close 1T P. N for May
was SIC, or Sc better than the top and closing
price last night; the close for the day
was 10. less. The realizing just
before the close was heavy and
general Conspicuous on the "bull" side to-day
leading operator who WIS backed by the
country and the local 'tbulis.n Another dealer
closed out a line of about 1000 600 bushels May
at SIC. While other markets were not as strong
the upward tendency. Except for Nav, the
uniform advance for the day in wheat futures
was lie. There was not the same excitement in
corn az in wheat. but at any other time the
same action in corn would be remarkable
For May the action was like wheat, from the
fact that closing sales sent the price almost
back 30 the Starting point May opened at 56ac,
or 3c over last night, sold down to 563 0569c,
and then mp to SIC. from which realizing sales
caused decline TO 56s 0562c, at
the close. June also opened &c higher
at 55Sc. sold down to 551c and up to 56ac. and
closed at 55sc. Oats showed downward ter
deucy from the opening, until wheat and
showed so much strength. when prices rallied
and advanced 90 over last night May sold at
324 a 333c. closing at 32sc. Receipts of hogs
largely exceeded the estimates and prices de-
clinsd Is 20c This created a weak. unsettled
market for product Trading, however was
not large, there being too much excitement and
action in grain for operators to give more than
passing attention to provisions. One operator
sold all the pork buyers wanted but the largest
purchaser only took 400 barrels May opened
at SI4.25, declined to $l4 O5, reacted and closed
at P. NJ. at $1417A o decline of l0c from yes
terdays last sales. Lard was slow and .05c lower;
May sold at 7.70 07724c and closed at 7.70c.
0720c and closed at Too. The leading futures
ranged as follows: