The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1891-03-04
PRODUCE MARKETS.

CHICAGO, March 2.-The visible supply
Of grain as reported for the board of trade
follows. Wheat, 22,926,O 900, decrease
1900; corn, 2.767. 600, increase $4,000;
oats, 2,S53, 900, increase %, 600; rye, &c.,
GOO, increase 5000; barley, 2.439,OO0. de-
crease 2SG, goo. The milder weather and
q light fall Of snow which was reported to
be quite general Gil over Kansas and
Missouri predisposed the wheat specula-
tors 10 the selling side at the opening.
While cables were firm there was an in
crease IN the stocks OF wheat and
-four at Liverpool, and the receipts in the
northwest were rather large. The result
was rush OF selling orders
which for traction OF second put the
price of the May delivery down to 965c,
compared with 967c to 95sc at the close of
Saturdays session. There was an i'm
mediate rebound to 96gc, and the bulk of
the business thereafter up to within an
hour OF the close was done at and around
9c5c-
The demand for cash wheat at
Minneapolis was reported good. At St.
Louis some wheat was bought for July by
an exporter, which gave the shorts there
some uneasiness, and there were anxious
" o eTing exp anations by wire here to
minimize It's effects upon this market.
New Orleans exported 5000 bu.
wheat 10 Liverpool, and a Paris dis
patch 20 v. u. Mccormick & Co.
advised that considerable purchases
OF wheat had recently been made on
French account Tor shipment from New
Orleans during July and August. The
visible supply statement showed, as was
expected, a very small decrease. The
firnness which was apparent within a few
minutes OF the opening was increased
TOW ard the close by the latest foreign dis
patches. The London market was quoted
10 the board of trade as Is per quarter
dearer Tor whea. equal TO Sc per bCshel},
and 6d Ter sack higher for -four. The May
delivery was advanced TO 974c and closed
at g 5(J944c. OF the 259 cars of corn re-
ceiyed today not one was OF contract
grade.
Inc weather was moist over q consider
able stretch OF country, which is against
anv increase of contract grades OF corn.
The market opened firm at 554c for May
ami the offerings we're so light IN response
70 the bids that II s Oh advanced to SIC.
There was a dul spell and q somewhat
heavier telling when the estimated re-
ceipts for tomorrow we're reported as 4l2
cars, but the shorts were the uneasy party
In the days dealings andi did not require
much effort On the part OF few good
BUYERS TO run good many of them in /;
sale or tive as high as 56lc took
place. Oats opened steady, adj
vaBcinC with corn and declining
when that cereal weakened. The market
was quiet and uninteresting. The pro-
vision market was firm at the commence
ment OF trading, and gathering strength
a. the day progressed, a considerable adj
vance ia prices was established io1 all the
leading speculative commodities. Ryan
was good buyer of lara, taking abous
ZOO tierces, and the Anglo
packing company took about three
thousand tierces. Pork opeuet up &c, and
made an advance Of about &c near the
close. Lard was advanced from 1915 for
May at the opening to 1921, and closed
ut the latter quotation, conn pared with
S5.S5 on Saturday. Ribs gained &c.
Tie leading futures ranged as follows: