The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1889-07-31

Quiet; good stock steady; western, 136
1870; receipts, 6,794 pkgs. POrk-Steedy.
Cut Meats-Strong; picked bellies, 714C9Sjfe;
picked hams, 1lZ9llz4c; picked shoulders,
51s(G5Lc; mlddles, quiet. LarG-Freely Of
fered: much lower and active; western steam,
S6.40(d6.45, closing $6.421z; city, S6.10; Aug,
S6.31(g6.43. closing S6.4l; Sept, $6.47(q6.54,
closing $3.50 bid; Oct, S6.46d6.52 closing
$3.50 bid Nov, S6.3S, closing 1914 bid; Dec,
S627@6.3S, closing 1925; jan, 1929 closing
1928; Feb, Sc. 34(g6.3S, closing 1854. Butter
Weak; fairly active; western dairy, 10@1212c;
do creamery, 11@17c; do factory Stdl2J4c.
Cheese-Quiet and steady; western, sore.
CHICAGO, July 29.-There was a soft and
2zG1I%c lower opening to the wheat market to-
day and inside of an hour prices sagged &c
more. Local influences and pretty much all Of
the news favored the bears" Early sales
were weak and the weather in England was re-
ported fine. Rather free offerings of December,
supposed TO be for foreign account lone oper-
ator sold 100000 bushels) helped to depress the
market and the weaker feeling was intensified
by the bearish Beerbohm cables The Chicago
report in the visible was $1,000 bushels de-
crease and although a great deal more than
that was figured on at the close of last week by
the trade generally, the posting did not
perceptibly influence values as the effect had
already been discounted. The movement OF
wheat out of first hands is rapidly increas-
ing. Outside domestic markets were all slightly
lower, in sympathy with the weakness here
News from the Northwest was generally faYOra-
BILE, and the feeling seems TO be growing among
traders that the crop as whole is AL right"
Weather in the Southwest was moist. The
steamboat loads were taken at Baltimore for
Antwerp direct. New York reported seven
loads and 100000 bushels or over were
worked" here. The volume of speculative
business transacted was under the average and
at times trading dragged, the close being tame
at a net decline for the day in the active
futures of &c; July closed &c of. But very
little interest was manifest in corn, there being
no conspicuous trading one way or the other,
transactions being confined mainly to local
dealers. The trading triie easier, though
prices showed but little change compared with
Saturday, and were limited to 1s0Tc range.
Oats were steadier, but the volume of trading
was light and many mainly OF local character.
Quite an active trade was reported in the mar
ket for mess pork and the feeling was unsettled
and weak. Opening sales were made at 501413 &c
decline, but the filling OF few orders caused
a rally again. Later, however, prices declined
15920c Near the close prices rallied 7l5Ml0c
and the market closed quiet A dull and un-
settled feeling prevailed in the lard market.
On the whole range prices receded 5t1715c, and
the market closed quiet at medium figures.
Considerable interest was manifested in the
market for short rib sides, but the feeling was
easy during the greater portion OF the day.
Prices declined 5C171%c and tine market closed
quiet at inside figures.
The leading futures ranged as follows: