The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1889-01-16

market dull heavy, sc lower; No 2 red, 97G
971Sc elevator, 9SGd9S1c afoat 97@9914 &c f. o. b.;
No. red 9l1Ic; No. red, S1.07; No. l white,
81; No. Chicago, nominal; No l hard. 81 80;
options active, irregular, decidedly lower;
opened nc of, advanced 5S6J1c, fell 2Gl2Lc,
closed heavy 2@21%c under Saturday; free sell
ing by longs; JAN, closing $3.50; Feb, 971f
(999S9e, closing, 973Sc; March, 9S34c@ 81. COS,
closing, 9S24c; May. S1.0l14@1.0S1z, closing,
SlOl5s; June, S1.01@103, closing, $101; July,
9l4(G974c, closing exc; August, 933s9e6c,
closing, 9S5sc; Dec, 955sd9SG, closing 96c.
Stocks OF grain, store and ahoat, Jan. L., 1889
Wheat, 1872, 013 bu; corn, S,72l,574 bu; oats,
2Oli ,4O7 bu; rye, IA, 32S bu; barley, $50 700 bu
malt, l57777 bu; peas, 36273 bu. Corn-Re-
ceipts, 32S,774 bu; exports, 1882 bu; sales,
6Oo,0OO bu; futures, 235,000 bu. spot; spot
market fairly active; weak; trife lower; No. ?
Age elevator, 4515c afoat; No. ?, white, 45c;
No. 8 3S1%Cd5914c; ungraded mixed, sea 45c;
steamer mixed 405Sd425Sc; options fairy
active weak &c lower; Jan, 4414c; Feb, Az
443sc closing. 445sc; March, 45 1-16G451sc clos
ing, 451sc; April, 451<c; May, 45(d45sc, closing,
45}sc. Oats-Receipts $1,000 bu; exports 81
bu; sales, $4,000 bu. futures, 103OO0 bu.
options quiet; steady; JAM, Sic; Feb, 314@
Size, closing, G15c; May. S21k@325sc
closing, $3.50; spot No. white,
34]sc; mixed western, 2S@S2c; white
DO, 33@391zc; No. Chicago. 321ze.
Cotiee-Options opened steady, partly points
Saturday; light business; sales, 4, $50 bags.
Sugar-Raw, dull and nominal; refined quiet
and steady. MoIasses-Foreign nominal; 50
test, Gle; sales, new crop Cuba, 22(G2Sc; New
Orleans quiet; open kettle, prime to choice,
35d43e. Eggs-Easier; quiet; western, 1S(0y
18l&c; receipts, 1868 packages. Pork-Weak;
old mess, Sl4(dl4.25; new mess, Sl4.25@14.50.
Cut Meats Dull; easy; picked hams, Zoe;
middles quiet; short clear. Z.37lzc. Lard
Depressed; much lower; western steamer,
m al Iav, = 4 all
$50 bid; Feb, S7.50@7.62, closing so asked;
March, S7.52@g763 closing, S7.52 asked; April,
S7.55 asked; May, S.56g769, closing, $3.50
bid; June, S7.5SCG7.73, closing. SIS; August
Sd; September, $3.50, closing, Sol; Butter
Dull; weak; western dairy, 14920c; do. cream
cry, E@27c; Elgin, 2Sc. Cheese-StrOng;
more active; western, 11@1lHc.
CHICAGO, Jan. ia large business was
transacted in wheat to-day, and prices again
touched lower point and reached below the
the result OF realizing on long wheat. The
opening was a little stronger. and prices early
in the session were advanced &c above the
closing figures of Saturday, due to rather free
covering of Shorts" and possibly the buying
of some "long" wheat in expectation of re-
action. But the speculative offerings continued
heavy, and when the most urgent demands
were supplied a weak feeling set in. There
evidently is lack OF confidence, influenced by
the recently developed weakness in the mar
keI ana operators are dtrdlO OF more long
wheat coming on the market The result of the
heavy offerings was a decline of CSC
from the top figures reached early in the morn
ing, which decline was followed by sc advance
and the closing was quiet and &c lower than
Saturday. Corn ruled quiet most of the ses-
sion. The feeling developed was weaker, and
this was attributed largely to the large increase
in the visible supply The opening was about
the same the closing prices of Saturday, and
the market ruled steady for time, but soon
sold off &c, when the visible supply became
known, ruled steady, and closed 1ld1se lower
than Saturday. Speculative trading in May
oats was fair, but in the near futures exceed
ingIy light Shorts took advantage Of liberal
offerings, but prices declined L(G2Sc, the mar
ket closing quiet and easy. A very brisk trade
was reported in mess pork, but prices ruled
irregular. Opening sales were made at
Zoe decline, and then slight rally of
21&(15c occurred. Later the market weakened
and prices receded 30CGS2l5c on the whole
range. Near the close the feeling was easier
and prices advanced 21z@5c but closed rather
quiet. Quite an active speculative business
was transacted in lard and the feeling was
greatly unsettled Prices opened fully 21IGG5c
lower and further reduction of &c was sub
mitted to. At the close the market was stead
Ter and prices rallied slightly. More was doing
in short ribs and the feeling was weak and I'M
settled. Prices opened 21565c lower and a
further reduction of l0Gl215c was acceded to.
Later the market was steadier and prices
slightly advanced, the market closing quiet
The leading futures were as follows: