The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1891-01-21
PRODUCE MARKETS.

NEW YORK. Jan. i9-Flour-Reoeipts. 3d.
400 packages; exports, 2,3O5 brls. $40 sacks;
heavy; dull; sales, 1860 brls; low extras,
S34UGI390; winter wheat. low grades 1880
800; iair to fancy. s3s095; patents. 81 4Ot9
$40; Minnesota clear 81. l0(14.S5 do patents,
s46J@5.41; strsights. s4.35(G6l0; rye mix
lures, S4(14.5O. Corn meal-Moderately act
i've; brandywine, 1925. Whsat-Receipts. D.
500; exports, A., 554: sales, 10000 futures,
10000 spot; spot market dull; lower; unsettled:
No. red. S1.O43<G105 elevator. S1.O625
atiOat; Sl.O5ss(gl.O71 I. o. b.; No. red, 9915
G99Zo; No. l northern, Sl.095s: No. hard,
Sl-135s. Options are down ss1lc. and closed
weak, as disturbed by reports OF bank failures
England from the East Indies for last
week. Trading only moderate; No. 2 red. jan,
closing fl.04A; Feb, s1.0s7{G1.051<, closing
sl.O451; March. $1041591.O5, closing $l041I;
May. <1.025s@1.OS15. ctosinR S1.025S; June.
SLCO10LOIL, closing S1.OO11; July, 963<(d
945sc; Dec, 9624CG9711c, closing 965sc. Rye
Steady and quiet; western, 76CJS0c. Stock of
grain in store and sfoat Jan. 17-Whest, 1852
663; corn, 625 593; oats, .496 6O3; rye, 10S5OO;
malt 216.O90; barley. Sl5047; peas, 1881.
Barley-EIrn- Barley malt-Essy. Corn
Receipts, 80 800; exports, 1866; sales.
10000 futures, $1,000 spot; spot
market dull; weaker; No. ?,
59G591sc elevator; 6O14c ahoat; ungraded
mixed ,5S1k(G601<c; steamer mixed. soc; No. 3,
through realizing account of weakness of
wheat: Jan, sec, closing soc; Feb, 5S1zc,
closing 5sl1c; May, 575S@5S slice. closing
$3.50. Oats-Receipts, 5000; exports, S65;
ket dull, lower; options more active, weaker;
JAM. closing 5O1Sc; Feb, 5013@J05sc. closing
5O1zc; May, so 1-16(I5OsSc, closing 501zc; spot
No. 2, white, 5015Cg5lc; mixed western, $50
SIC; white do, 5l@5sc; No. 2, Chicago. 51jzc.
Hay-Firm. fair demand. Hops-Wesk
mi off, Ont ate ~
unchanged 20 5 points down; closed
steady; 3 points down 10 ) points
up. Sales, 24.5O0 bags. including JAN, 1850
16.S0c; Feb, 10. 25CIl6.30c; March, 1595C116 00c;
May, 15.4OCGl345c; July, 15.lO@l5.I5o; Dec,
l5OGl3.55c; spot Rio, fairly active and firm;
fair cargoes, 19c; No. z. 171lc. Sugar-Rsw.
firm and in fair demand; refined quiet.
AoIasses-New Orleans. firm; fair demand.
Eggs-Fair demand and firmer; Western,
&c; receipts, 1885 packages. Hides
60 pounds. 7@sc. Pork-Quiet; steady:
mess, s9.75lG1075; mess, S11.5O9
11.75; extra prime. s9.509l0. Cut Meats-Ir-
regular, fairly active; picked bellies. $50;
dies, dull. weak. Lard-Wesk. quiet; western
steam. 1927. Sales 1850 tierces at s615. OPP
tons, sales. $500 terces; jan, sS11@612,
closing 1910 asked; Feb, s6.l2@6.l4 closing
1910 asked; March, s6.21(9623. closing 1921
asked; May, $6.40G643, closing S6.40 asked.
creamery. 19(12Sc; Elgin, 2S11G129c. Cheese
Active. strong; light skims, 5GS15c; Ohio fats,
i11@99<e.
CHICAGO. Jan.19.-Besr news, bear mar
kets aud bull aequiesence in the downward
direction Of prices by wholesale abandon
ment OF their holdings were the features Of the
days business on the board. The wheat mar
ket opened very weak and at decline for May
of &c since Saturday. the bulk OF the first
transactions taking place al 943Ic. There were
\ - L. II
MOL at the start at 947sc, and even go was said
TO have been paid. The principal cause of the
opening weakness was the report OF the col
lapse Of the American national bank OF Kansas
City and a run in progress on the Kansas
City savings bank. Some financial trouble
was also reported from New York to
De the cause Of the decline of few
points in English government securities. The
longs were sellers and the shorts took the oder
ings To such sn extent OF generalization had
the recent uphOldings of the long side been re-
duced thst when Partridge commenced TO buy
IN hs short wheat on the first decline to 9411c,
they we're almost inclined 70 thank that specu-
latOr for his support 10 a market which no
efforts Of theirs could prevent from going to
pieces. The selling by Partridge later, how
ever. on a subsequent recovery Of the price 10
945<CG945zc cancelled the apparent obliga-
ton Of the longs and he contin-
ued to take in short wheat on the
soft spots snd pile the load back again
msinder Of the day. IL may be very safely as
sumed that the long holdings have now become
very heavily, reduced, and consequently the
outstanding open interest in the market 10
now smaller than 1t has been Tor a considerable
time under such conditions. Unless something
occurs 20 encourage the hope of any improve
ment in prices dull speculative markets may
be looked for in the immediate future. The
first decline IN prices was arrested at 94lzc,
the reaction which followed carrying the mar
l~af ct - To- nd 81.
neutrality-suspicious. on the decline we're
age, 945sc 941z61942Ic. 93<(995c. 941Sc. 93sIc.
There were few transactions At $3.50 for May
but there was no general trading under 9351c.
the market being without recuperative energy.
The corn market weak at the opening. The
weakness of the wheat market and the beau
tiful, spring-like weather we're the incentives
10 the selling spirit which animated the local
spectators at the opening. under which the
first trading IN May was done at sic as COM
pared with lie AZ the close OF the market on
Saturday. After selling st 5O5zc there was q
momenfsry reaction to 611sc, and after weak