The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-03-06
hieher; mixea westsrn. IS 4oc; white do, 40 >

higher; mixed Western, 50 o. Oc; white do, 400
45c.
Hay quiet and unchanged.
Hons in light demand.
Coffee-Spot fair Rio nominal; options heavy
and 30 80 points lower. Sales. 69.24O bags:
March. 10 60 10 soc; April. 10 40 q l0.SOc; May.
10 30 n ] soc: June. 1910 "a SOC; July. 50 a.
10 00c; August, 60 a 9 15c; September, 8 80 -
g. zoe: October, 60c; November. 9.55c; Decem-
her. 9.45 a O. 65c January g. 60 a 8 Coo: February,
9.65c Sugar quiet and easy Pernam buco. 44c;
fair refining quoted Age; refined dull: standard
A, 5-16c. Molasses weak; 90 test. 2Odc- Rice
steady.
Taliow dull and more or less nominal; quoted
4sc. Rosn. 81. Is 01.20.
Eyes dull and heavy; receipts, $500 packages;
Western. dc
Pork steady and in better demand from ship
pers Mess quoted at sI4 10 a Is; year old.
SO a 10 p new. Cut meats steady: picked
bellies, 7bc. Lard 203 points better; firm. but
only moderately active; Western steam,
spot S05c. closing at 1914 08c; March, 1920
7g3c; April, 1920; May, T. SO a 7-96c; June, 796
0798c: July, 802c; August, 8060s0s city
steam, 2. 65c.
Butter quiet aud steady: Western. l403Oc
Cheese firm; demand light; Western, III a l2c
CHICAGO, Feb. 5.-Tne opening of the mar
ket on Change was devoid of any special feat
ure, ffst sales being at about the same figures
as those of Saturdays close. For snort period
general weakness prevailed, fractional declines
clined TO GO slow, and before the frst hour had
passed decided change came over the grain
pits. Under the leadership of corn. activity
opened mp, and the whole grain list developed
surprising strength and advanced sharply.
There was considerable selling of wheat By the
crowd, early, but one house absorbed all that
was Offered and trading soon settled down TO
scalping basis. the strength in the market COM
ing entirely from corn. The decrease 10 the
visible supply, GAG. 600 blu, was considerably less
than expected. May opened at 80s 804c. de-
clined TO 800 q 80Sc. then advanced
to s0Ec, reacted to $685., then ad-
vanced to Sic. and closed at S03c.
Corn was active, the largest trade in weeks be-
ing transacted. The market gives signs of
broadening. Country spectators sending
in more orders. Nearly all the big local traders
took hand in the trading. and one of the lar
geet operators bought about all morning. The
crowd was thoroughly scared. itShorts"srushed
TO cover freev, and although there was free re-
alizinG by holders who bought last week, prices
kept almost steadily on the up grade, and adj
vanced 1gc from inside figures and closed at
about lie above Saturdays last sales. May
opened at 52sc, sold at 524c up TO 534c. receded
to SIC, became stronger and sold to 03sc, and
closed at 52s 0521c. Oats were firmer, and IN
der @ good demand May and June advanced a
&c. Nav ranged 31A 0324c, and closed at 3l5 a
32c. June ranged between 3ls 0323c. and Closed
1t 315c. In provisions the week opeaed
with the old "beaf' element inclined to give
more attention to the market. Initial sales were
made at Saturdays closing prices TO shade
easier. bat before the trading showed much life
depression was forced by excessive offerings.
Under the lead Of pork, the market suffered
weakening tendency and ruled lower Pork sold
of 174c from the opening prices. and short-rioS
.O5c. Lard overlooked practically in the
"bear" raid. As the day advanced. pork and
ehort-ribS recovered from the break and rui led
strong. Speculation was fairly active when COM
May sold at $13.774 a 10 95 for pork, gu Zoe
for lard. and 20 al 25c for shortrbs, and closed
at $13873, 770c and T. 221c, respectively. The
leading futures ranged as follows