The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-05-22

refining quoted at 43c; refined steady. Molssses
steady. Rice firm.
Tallow dull at Ate Rosin quiet at 81. 20 25.
Eggs firm and in fair request; Western. 1430
15tc; receipts, 1850 ackages.
Pork quiet and steady. Mess quoted at SIS. %
0l5.5O. new; sl4 0145 so, old. Cut meats firm;
picked bellies 7tc; clear bellies, &c. Lard less
active and SAL points lower. Western steam,
S.S2c; July. 1s1aZs7c; August, 684aas7c; city
steam, $500.
Butter quiet and generally steady; Western,
l9o26c- Cheese dull and nominal.
CHICAGO. May 2l-The markets were e.ner-
ally unsettled on Change to-day. The tendency
Of prices 10 the grain pits was downward, with
quick rallies, while in provisions there was
comparative dizziness. with slightly better pri-
ees. Wheat was weak on the curb, but on the
strength Of some outside buying orders tho
opening prices we're 4c over Saturdays closing.
with July at 694c. The market, however. soon
became weak. and by 1870 prices had declined
lc-s There was no panic or feeling that prices
wore going 70 pieces beyond recovery. 1t was
simply . natural reaction from last weeks rapid
advance and the shifting of holdings. II there
was any heed paid to crop news it only tended
to frightep the follows who were loaded up,
from any quarter. Hutchinson was a sell
or. and the big bulls" who helped
prices up SO we'll early last week and
then disposed of . good share of their holdings.
simply let the market alone Ine visible sup
ply was a disappointment. the decrease, $50. 900
bu, being only about oue-quartsr OF the de-
crease expected. July sold at s9sc as the best
price Of the morning. broke to Size, rallied to
685c. declined to site, rallied to SITE, and closed
at 81 0S72c. In corn. a. in wheat, there was q
vast LOS of "long" corn in the hands of the local
crowd. The local receipts were large. and the
grading high. There was general selling on
this fact at the start. Then. when prices began
to tumble in wheat. that influence made coru
still more heavy. Later is was estimated that
the receipts for Tuesday would be nearly 500
cars. This gave another squirt to the selling,
although there was such weakness. there
was no unusual activity in the nit.
May opened. at sic and closed at .55c;
July sold at 55}c, TO open. up to Soc, and closed
at Sale. The break in corn, heavy selling by
some large holders and an increase of all 900
bu in the visible supply, had a weakening effect
on oats to-day. May opened at 34ic. sold of to
32fc and closed at 33c; July opened At 33c, sold
up to 334c, Down 10 32c and closed at 324c. Pro-
visions were quiet and steady, Operators giving
more attention to wheat than TO the trading.
Receipts Of hogs were good, but the firmness in
the market prevented holders of product from
offering il with any degree of prudence, and as
buyers were not inclined to bid up for stock. the
prices were confined to q narrow range. July
pork opened 7&c lower, advanced 71c. recovered
Zoe and closed at $l4471. Lard was weaker and
closed .023 % Csc lower. July sold d! s. GA 08 zoe.
and closed at 8.624c. Short ribs weakened .
fraction. July sold NJ 7.6230L 723c. and closed
at z.67fc. The leading futures ranged az fol-