The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1891-01-07

NEW YORK, Jan. 5.-Flour-Reoeipts, 90
Sl3 packages; exports. 4.447 brls. 5,47S sacks;
firm; moderately active; sales, 1850 brls.
Wheat-Receipts. $500; exports, 2.4S0; sales.
$4,000 futures, 5000 spot; spot market 118@
&c higher. str niger. better export demand; NO.2
red. SLUjA@l.05& elevator, $l.061s@l .OS atiOat,
S1.C6L@I.US Z. O. d.; No. 3 red. S1.0lGLOIL;
ungraded red S1.Ol1z91.01A: No. 1 northern,
S1O9L; No. l bsrd, Sl.l5; No. , thicsgo,
FLOSS. Options are strong at an advance OF
1&S@l4c through increasing demand for spot
wheat on milling and export account, strong
cables aud bullish wheat; No. 2 red January,
Sl.4@t.O4Z, closing. $1.O4Z; February, clos
ing Sl.O55<; March, $I.O5Z9I O65S. closing
S1.06S; NAV. Sl.05%@lo6 c,oslrg Sl.06; July,
$1.O0LGl.t05S clos ngsl.01%;A ugt, qS14@99Lc,.
closing $3.50; Dec, ~Sl.OO&01.OI, closing Sl.OI.
Rye-QuIet; steady; western. 771SQc. Stocks
OF grain, store and atlOat. January 3rd: Whea,
2.404. rs; corn 520.310, oats 1656.5S4; rye.
26.O5j; barley. 432 SO; matt. 223,6IO; peas,
1898. Barley-Nea k, dull. Barley malt
Weak, quiet. Corn-Receipts, 75,40j; exports,
12.5lS; sales. $4,000 futures. 80 COO spot.
spot market, p higher. strong. quiet. No. 2,
$4,000 elevator. oil a%fiOat; ungraded. mixed,
5o1z- Options. strong at a rise o 5Gelc. Trade
moderate, January closing CO.'S; March. closing
50; May, 59E@6O14; closing COZ. Oats
Receipts, 5000; exports 6O4; sales $4,000
futures, l22OJO spot. Srot market, stronger,
quiet Options quiet, stronger. January closing
500; February, closing 5l4; May, 51@5l1.
closing 5Iz; No. 2, white. 5l1.@5l15;
%,1ed Te''f No . 49S SSi:.a W6 9m%
Hay-Easy and quiet; shipping, 4OQl5c; good
10 choice, 50d6Oc. Hops-Quiet; firm. Conce
-OptIons opened steady and unchanged 20 10
points NJ; closed steady al 5G20 up; sales,
1900 bays, including JAM, 163Otgl6.35c; Feb,
1575G15s5c; March, 15.45G15.5 Soc; April.
Aug. l4.35c; sept, 14c; Dec. 13.20Gl3.30;
spot. Rio. quiet, hrm, steady fair csrgoes, 1919
1870; No. Z, 17zc. Sugar-RAw, quiet;
steady: refined, hrmi faIr demand. Mo-
lssses-New Orleans. quiet. Eggs-Quiet,
hrm; western. 29G3Jc; receipts, 1872
packages. Hides-Ftrm; quiet. Pork-Quiet;
firm; old mess, Sl0Gll; new mess. Sll.50@
i; extra prime, S9.5OCGiO. Cut Mests-Dull;
about sLeaty; miidles, quiet, strong; short
clears, 1886. Lard-Higher; moderate demand;
western steam. $3.50; sales. 40 t~ierces s6.27H
@6-30; options sales. $3.50 tierces: Jan, 1928,
clO-lng $3.50; Feb. $6.40; March, $3.50; April,
500; May, S6.Ot96.7O, closing 1870 asked.
B1tter-Qdiet; rather steady: western dairy,
1tG20c; do creamery. l9@2s4c; do factory.
SAFE; Eigin. 29gZ919c. Cheese-~trong;
moderate demand; lIgnt skins. 4E@63zc;
Ohio fats, 6G9l4c.
CHICAGO. Jan. 5.-The speculative market
On change averaged strong and closed higher
than on Saturday. The closing quotation for
May wheat was 9sAc compared with 9S on Sat-
urday. Corn WAS quoted at 531z@535zc rs The
aesslOn vas terminating, against 534 on Satur-
day. ProvI-iOns acted strong on the small re-
ce.pts ami higher prices OF hogs aud the exp eta
tlons that the recentimmense slaughter OF inno-
cents II over. On the curb, previous to the
commencement of the regular business, there
was &c accession of strength in both wheat ami
corn. which had It's source in the weather bull
letn tor the month Of December, in which it
was stated that wheat had deJeriOrated in con-
ditiOn owing 10 the drouth experienced
through an extensive area OF the win
ter wheat country. The early cabIe-
grams likewise tended to the creation
Of the strength with which the market opened.
The principal part Of the trading at the open.
ing brush was at from 9S1zd9SLc for May.
There was a counter current OF feeling which
could not fad due expression at the opening
moment. IL was based upon the reported re-
ceIpts of 81 cars at Minneapolis and twenty
three cars H. Duluth As this was ninety-four
more than the aggregate at these two places q
year ago. IL Was another postpOnement follow
ing many preceding intimatiOns OF the drying
up Of the northwestern sections. This in
fuence told upon the price Immediately after
the first batch of buying orders had been ex-
ecuted. There was a gradual decline until the
put price was made for IL a hating price. The
price then reached was 97%c, and various ru-
mOrs, contradiction of rumOrs, canards, IN
and ingenious inuendoes and inventions, first
on one side and then upon the other, which
are the usual accompaniment of an active ses-
sion, caused reactions and reactions in rapid
succession, but principally in the direction Of
uiGIer prices AFTER the ABOVE nOteO decline.
The Indian shipments for the past week wes
one Of the influences on the bull side. The To-
cal receipts were on the per contra side of the
account, being 176 cars against estimates of
uinety-six cars made on Saturday. There was
rumor that the agricultural bureau at Wash
ingtOn made the latter estimates to show q
smaller quantity as the result of the seasons
yield than had been generally looked for. This
caused one Of the sharpest bulges Of the day.
The price Of May wheat upon its
receipt was about 975sc aud it jumped so
quickly that only three or four trades we're
possible between the latter price and 9SLc.
IL said up TO $3.50 and then gradually sagged
again, when it was discovered that the
ultimate results OF the crop estimates we're
still unknown to those engaged in COM
piiing them. There were several fluctuations
over a range Of about &c; once the reaction
carried the price down to 97sc. and again IL