The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-07-30

$50. 600 ou futures and 4s. 900 bu spot. Mixed
Western. 3463sc; white Western, 42a4sc.
Hay steady and demand fair. Hops quiet ana
Cofee-Spot fair Rio dull and nominal at IL i2c: ODD
tons opened weak but closed steadier; sales, 1870
bags, july y. 1 ol:21s ZEE 3 ssS TO- ~: . So en- ogei :. S Sse:
December, 9.6569.70c; March $500. Sugar dui
and unchanged; refined dull; white extra Q, $500
oS TsIlo M3 ss%' s eO.i a miss s a. 81 .oS q
Eggs quiet hut steady; Western, l50l6iac; re-
ceipts, 1861 packages. -
Pork very strong: mess S14250l4.50 for old and
Sl50I5.25 for new. Cut meats firm and quiet.
Lard 304 points higher. firm but YER, oquiet; west
ern steam. spot, quoted at : s2tag Soei Augns.'
S.S1 assoc September, e.oS@o-SOci O'
s.s0c; city steam, s.40c.
Butter dull and unchanged.
Cheese quiet but steady; Ohio nat. IOo4c-
Other articles unchanged.
CHICAGO July 25.-wheat to-day advanced 2
cents in about two hours. without any greae eao.s
est, buying for .long' account. end buying by agents
for foreign account, al combined to make q broad ana
strong market. In addition TO the bad weather
abroad, the failure of much Of me new wheat on this
side TO grade No. 2, and the favorable export clear
ancss converted any indifferent ones into enthusiastic
bulls" Opening prices were about t9c over last
night. The first few minutes started prices up quite
briskly. and before noon August sold up to eZc ana
September to s2i4s; an advance OF Lone
of Aac on realizing sales, and after II o'clock prices
started up again and touched s2A4c for August and
S22c for September, when there was a reaction OF
Aec, which was partially restored afterward, the clos
ing prices being &c for August and $3.50 for Sep
tember. The corn market was weak, while everything
else doomed. 1t started off in step with wheat, August
going from Assoc TO Acc; September from 45c TO
Asa, and October from 44asc {, 45c. but the pace
was too rapid. It halted then it turned
down and kept on going down, clos
ing prices showing q decline of lsc IS compared with
Yesterday. The range wa: 191lsc. Receipts to-day
Inmates for Monday run from AIS to 440 cars. The
board table shows the shipments for the week to have
been 1.4O4,S O7 bu. against 1,OSl,92S bu received
Brilliant crop prospects continue TO be the club that
is used TO depress values, and the free movement
from the interior indicates a lack of3country CONN
dence in future high prices. Trade to-day was quite
up TO the average volume. Oats attracted little at
tenticn- Early future s declined slightly for the
session, while other futures were steady. Pork
was active and stronger, and advanced 22l9c,
but receded, and closing sales showed a net gain of
15c- A fair number of outside buying orders were
received, but the bulk of the trading was by local
scalpers. "Shorts" having become demoralized at the
/ continued advances, covered freely, and bid prices up
on themselves. A feature of to-day's trading was the
sharp demand fo- January and the year. September
opened at $14.25. sold TO S14.45, receded to
S14.37ls and closed at that figure. The year sold at
Sl3013.25 and closed at the top. Lard was mooer.
stely active and closed at .02lQc higher. September
sold at S.S290S.S5c; January. 7.7Oc. Short-ribs
were in fair request. and September sold at $500
S.37l9c, and closed at $780,, gain of .05c. The lead
ing futures ranged as follows: