The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1891-12-19
GRAIN PITS GROWING DULL
Day of Weakness on the Chicago Board
Not Overcome Until Near the Close.
Foreign News Indicated Better Prices st Ber-
lin and Paris, and Wheat Advanced from
61-2, Closing at 81 l-2-Corn Weaker.
TRADING AT CHICAGO.
Leading bears" Talking About Further
Drop, but They Are Not Selling

Leading Bears" Talking About q Further
Drop, but They Are Not Selling.
CHICAGO, Dec. 1S.-Wheat was excess
lively dull to-day. There was little or no
outside business and local operators bid
next to nothing. The market had a de-
cided holiday appearance At the start
there was weakness. as the general dispO-
sition was to sell on the frmness created
yesterday. and there was an early decline
OF about l9c. Later, on the stronger and
higher cables and the liberal movement
from the sea.board, amounting to 100000
bushels, this decline was about all recov-
cred. Trade was devoid of ANNA
ton. and the advance held with
difficulty. Some of the private Liverpool
cables reported the advance all lost, and
there was little or no disposition here to
give the market any support. The move
ment in the Northwest wasagain moderate,
but the weather in the winter wheat belt
was reported pleasant, though there was
still some talk about injury from freezing
and thawing. Dispatches from Berlin
quoted that market IA marks higher, with
Paris also higher. Schwartz Dupee and
Lamson Bros were the leading sell
ers, but even they did not do
much. Partridge is still talking quite
bearish, but 10 not doing much In the way
of selling. Th. general impression is that lie
has covered the bulk of his .'short" line.
He is said to have sold puts" freely last
night.
The London Financial News estimates
that exporting countries will have to ship
for the next seven months on an average
supply the European wants. During the
last hour the market showed considerable
strength. and "shorts" were good buy era
with selling somewhat restricted. May
opened ct G6asc. against $3.50 at the close
yesterday; receded to 96l3c. advanced TO
967sc, eased off some, rallied to TaSc. broke
to 97c. grew strong near the end, advanc-
ing to and closing firm at S11ec
Corn was quiet and lower for December.
There was not much call for thatmonth. the
shorts" having apparently all got under
cover and the clique had more for sale than
was wanted and hence lower prices ruled.
The longer futures were generally firm.
The improved grading of the past few days
lower at 5Ol2c. sold off to 4SlRc, and closed
at ACC. January started at 44l9c. sold to
40 and closed at 44ls. May fluctuated be-
tween 42Ao and 42asc. and closed at APPS c.
an advance of 1sc.
Oats were firm and very steady.
Hog products were lower. Receipts of
live hogs were a trifie above the estimate
but prices were quoted sc higher. There
were free offerings however, and with no
one seemingly disposed to support the mar
ket lower prices ruled. There was a feeble
rally during the last hour. but the gain
was lost again. There was q rumOr that
Charley Wright was liquIdating his long
line of provisions The break in prices as
the most serious experienced for some time.
amounting to 1903 lac for pork. loo for lar I'd
and .150. zoe for RIBS. Estimated receipts for
tomorrow are: Wheat. 200 cars; corn, 800
cars; oats, lG0 cars. The leading futures
ranged as follows: