The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1892-05-18
NARROW WHEAT MARY EFT.
Partridge One OF the Prom inent Indi-
vidual Buyers
INDIANA OILS IND.

NDiANAf OILS, Ind.
MONDAY EVE ZINC, May 16.
James E. Berry's Chicago advices today we're
as follows:
AS usual after the first few minutes trading
on the opening specula' busted themselves
guessing on the visible supply. The opening
was about cent lowe than Saturdays closing
owing TO hne Weap Ler and lower Liverpool.
The market was fair ly steady until the visible
supply became K nown, and the decrease not
being so large as expected caused another de-
cline of about O. Ge-hslf cent per busheI. The
closing, howevf r, was for May firm, with half
OF the decline recovered. Corn was very active
during the 10 re part of the session. One house,
having an ef stern correspondent, sold 100000
bushels f0r July delivery at 1910 on the
opening. A few local shorts, who sold Satur-
day expf citing finer weather today. were the
princiU al sellers and buyers. There a good
oemap for sample lots and the market closed
rsthey firm.
Pr DIVISIONS were somewhat weaker owing to
tne decline in corn. closing steady with part OF
thf decline recovered. There were no cables
III Jm London, Berlin and Antwerp which had
. tendency to restrict trade.
Wheat and corn were lower and weaker to-
day, while oats we're firmer and in fair quest
Receipts today, cars against 3 oars Satur-
| dav.
Whsst-Easier; No. = red. $3.50 bid; No. )
red. $3.50 bid.
Corn-Easier: No. white. 400: No. z white
46c bid; white MIXED. 40 bid; No. 3
white. 44145c, latter for one color; No. 2 yell
| low. 44o bid; No. yellow, 40 bid; No. 2
mixed, 44o bid; No. mixed. 44o bid;
sound ear, 43c bid.
Oats-Firmer No. 2 white. $40 bid; Ne. s
white. SIZE; No. mixed. $40 bid; 70
jeoted, 27Qo29c.
/ pran-Ouiat. 40 5O
Hsy-ChOice timothy. $3.50; No. 1. sl2.0o
| bid; No. ?. $1,000; No. : prairie. $3.50 bid /;
No: prairie. $3.50; mixed, $50; clover mixed,
| $500.
Rye-No; 2, 75O for car lots; $50 for wagon.
Wagon Whest-s7o bid.
On Msrket-Hay. timothy, s12.00@140o;
mixed, Sl1.OOGl2O0; clover, S9.00gll.00; mil
let, $500; shelled oats, 3oG3Sc; sheaf oats.
/ $500; corn, 45(947c.
CHICAGO, May 16-The chief surprise to
the wheat trade today was the narrowDess of
the market. The change in the weather map
was very radical one and naturally caused
| lower prices, but the price this evening is only
| sc under Saturdays final figures. Corn was
relatively weaker than wheat and is 80 down.
] Pork is so OF, but lard and ribs are about uD-
| changed. Partridge was about the best indi-
| vidual buyer of wheat-evidently covering
shorts. Logan & Co. had liberal buying orders
but the crowd generally sold freely, both in the
| way of getting rid of long property and selling
short Wright who has been q vigorous
bear all along, seemed TO be none the
| less at tbe decline. Cudahy wGs reported 20
| have bought 100000 bushels at s07s@Slo. The
final footing OF the report, decrease OF 1919
! 00O.bushels, was within TELESCOPE OF the popular
| estimate and had little effect when posted. Du-
| luth figures gave the market little bulge and
| raised hopes of a larger decrease, 6nd this
caused little easier feeling when the result
| was known. An onsettinR influence was the
signal service prediction that another general
rain reaching as far as Chicago will prevail
over the west on Wednesday. The opening Tor
| July was 5000 lower than Saturdays clos
ing aud the market declined 30 more, rallied
| go, receded 24c, ruled steady and the closing
was about 20 lower than Saturday. There
! was not that selling pressure In corn
that was expected with the improvement
| IN the weather. a collapse so
generally predicted with these conditions that
the change was largely discounted. The July
| price started on break of about &c from
Saturday, lost another fraction made a fair
! recovery at once and held in narrow limits the
remainder OF the day. For oats the weakness
| and decline in other grains had q depressing
effect, and opening sales were at 95lgAc de-
| cline. After prices receded shade more, a
| stronger feeling developed and prices advanced
| 1859 bnt receded slightly and closed with
a net loss OF 1s(G11c. Provisions opened lower
| on a heavy run OF live hogs and lower
prices and further decline was precipitated
| by the commission men selling and the weak
ness In wheat and corn reports of fine
weather. Shortly afterward the market frmed
up slightly on a few OF the shorts" covering
| There was very little doing and the closing was
from steady TO firm all round at about the out
side prices OF the day. Vessel room was in
| good demand. rates held steady and 20 for
| wheat and 94c tor corn TO Buffalo aud / 40
for oats to Port Huron. Estimated receipts
for tomorrow: Wheat. 1873 cars corn, $40 cars !;
oats, 25S cars; $4,000 hogs.
The leading futures ranged as follows:
/