The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1892-04-27
IN A FURRY.
Lake Figures Make Prices Go Up
Action of Partridge Brokers.
INDIANAPOLIS, Ind,

MONDAY EVENING, April %.
L. w. Louis & Co.'S Chicago advices today
were as follows:
According to reports the weather conditions
continue unfavorabIe and very backward, both
at home and abroad. English markets are
strong and higher. No. 3 red winter sold at
cents premium over May. There were some
trades between the brokers and shippers, which
were not made public. The better qualities are
still held OF high premium and hard to o5-
tain. The speculative trade was the lghtest II
has been for some time; there seemed to be q
great scarcity of orders and Discrimination by
local traders TO do much, the long delay IN
| obtaining the full report OF the visible supply
being the principal cause OF inactivity OF spec
| ulatOrs. broker sold about half million
May corn, sfierward giving up the name BOY
den & Co."
Gals were firm; little more than the ordinary
| interest was noticeable.
Tie provision market was slightly frmer,
I without any noticeable feature.
Wheat was firm today, while corn and oats
/ were quiet and steady.
Receipts for the past twenty-four hours. q
cars against total of cars for the preceding
| dey.
Whsst-NO. 2 red. $40 bid; No. 3 red, $40
| bid
Corn-No. white, age; No. white, Ale;
white mixed, see; No. white, 39C141c, latter
for one color; No. 2 yellow. 39e; No. 3 yell
! low. 3S1sc bid; No. mixed, see; No. mixed
| 361<c; so1nd ear, $50 bid.
Oats-No. 2 white, 32c bid; No. 8 white
zoe; No. mixed. 291<c bid; rejected, 2619
Bran-Quiet; sl3.
Hsy-Choice timothy, $500 bid; No. l. SLIPS
| bid; No. .. $3.50 bid; No. 1 prairie, 500
No. prairie, $3.50; mixed, $3.50; clover mixed,
$500.
Rye-No. 2. 73c for car lots; Coo for wagon.
Wagon Wheat-s6c bid.
On Markei-Hay. timothy, Sl2OO913.O0;
mixed. s1O.00G1200; clover, S900@llOO; mil
let. $500; shelled oats. SoG33c; sheaf oats.
$l300; corn, 40g45c.
CHICAGO, April 25.-There was a surprise
today in the visible supply report The lake
figures for wheat gave instead OF increase q re-
markeble decrease of 900 bu. On this
there a temporary furry, which put prices
up to S15sc for May and July. This was met
by organized selling by the Partridge brokers
and so dsheartened the trade that the close was
rather fiat at but 80 gain for the day. Corn ieit
of at a decline OF 95c in the May future
and an advance of &c for July. Provisions
wound up firm at lVc Improvement over Sat
urday's closing price for pork aud gain OF DC
each in lard and ribs. In wheat the opening
was &C advance and the market ruled strong,
advancing an additional 80, eased of 12(9@sc
closing steady. The early strength was In
fueneed by. the backvsrdness of the season
being made so apparent by the various ottlcia
state bulletins. The visible supply statement
remained a matter OF uncertainty until late ii
the session, and trading while waiting for III
appearance was extremely light. some opera
tors prOfessed to bullish card in a dis
patch from Washington saying census o
the house showed that the Hatch bill cOulC
not pass. Partridge, it is current gossip tonight
is short of July wheat 100000 or 100000
bushels. Irwin-Green bought a good deal o
wheat today, supposed to be for Capt. Phil
lips, who has heretofore been quite bear. IL
the pit Norton x MOrihington sold on
about 500 coo bushels of long corn early in tn
session. Outside of that there was no con
| spicuous individual trading. The prices wer
we'll maintained at from SIC 10 421se Tor May
but weakened toward the end OF the session
and in the last ten minutes the pressure al
came from the sellers. who crowded the prlc
| down to 4l1Rc and IL closed at il2sc In
story about d big long interest IN May corn b
the CudRhys, and the prospect OF a deal wit
a sensational advance in the price, wa
revived, but the trade took h;tl
stock in the talk. Shorts, and receive
but the most of the trade was scattered and {
a seal ping nature. The market followed cor
C Osely all day. IL advanced 55@3Sc and the
weakened l469$sc. There were signs OF IN
proved support IN the provision market ate
the first hour. The packers for the first tim
in many days inclined to take products on Ma
contracts. Ii WAS some significant boy M
OF short ribs by Armour brokers the last ha
hour that shorts were induced 10 do some bn,
ing and the best prices were made just at ii
close. Ryan IL Co., Chicago packing compan
and other packing interests were al work Q
the buying side at different times. \ far d
mand ex isted for vessel room and rates hel
firm at lac for wheat and llEc for corn to Blu
falo. Estimated receipts for tomorrow: Whea
. 100; corn, SO; oats, $50; hogs, 21OCO