The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-02-08
WEATHER MARKET IN WHEAT.
With Rather Sluggish Prices as Rule
Corn Very Dull.
ISDIANAPoLIs, IND.

MONDAY EVENING. Feb 6.
J.E. Berry Co.'s Chicago adviees are as
follows:
Owing to the weather very few telegraph
wires were working and business has been cur
tailed throughout the session. There was
sharp advance early. due to the exposed condi-
ton of the fall sown wheat ana a probable cold
wave which is likely 10 extend over that sec
ton. This caused very liberal buying BY the
shorts. At the advance there was considerable
local selling against calls and By holders Tor
scalp. TINS together with the light decrease
in the visible supply caused decline to about
onenlng prices Anincrease OF nearly 100000
bushels IN corn produced a beariah feeling and
was the principal cause OF about half cent de-
cline There was sort OF scaiplng deal In
hog product. causing very unset ell market,
with light trading Some of the holders of lard
advanced the May price about l2i2c per hun
dred. There was very little interest manifested
in anything and trading was very light
Whsst-Steady; No. red. $50 bid; No. red
631zc bid; No. 4 red, &c; rejected. 600; unmer'
Oorn-Easier: No. white. 4I1So; No. 2
white 4lI5c: No. 5 white 4l%c;
No. white. sec; No. white mixed.
40c; No. white mixei. 391zc; No. white
mixed. $50; No. yellow. 4jc; No mixed,
Acct No. mixed. 1870; No. yellow, soc;
No. yellow, 3Sc; No. mixed. $50. no grade,
goo; sound ear. 40c.
Oass->teady; No. white. SEC; No.
white. 3514c; No. mixed, $3.50; No mixed,
SIC; FsjeaTsd, 3O613lL<c
Bran-Fitn; Sl4OO
Hay-Choice timothy. 1880; No. 1. $500;
No. Z. 1000 bid: No. l prairie. S7.75; No. 2,
prairie. s. so; mixed. $500; clover, 5000.
Rys-No. 2. 500 for CARROTS, 500 for wagon rye.
Wagon Whsat--67c bid.
Inspections: Corn. cars oats. car.
CHICAGO, Feb. Cit was a weather mar
ket in wheat today, and for while trade was
rather sluggish, prices were decidedly firm, and
during the first hour May sold l1<c above the
close on Saturday and held good portion OF
the advance for a long time. The conditions
which have been admittedly bid for winter
! wheat in the West and Southwest for some
/ days were looked on as quite alarming today.
The recent soft weather had converted the
snowy covering of the fields into ponds and
lakes. and blizzard carrying temperatures of
from 10 90 l6 below zero was reported
over the territory between Kansas
City and Des Mones. Gables were firm and re-
oeipts at interior points were lisht All OF
these things made shorts nervous and ANXIOUS
to cover The result was that the future opened
al 1914 (a79c against 7o14c at the close At
urday and q further appreciation 10 1913c r.
suited. At the advance longs proceeded to
take their profits, and their offer n2s, TO-
gether with the unexpected small decrease in
; the visible supply caused the market 10 weaken
and the close was sieHdy at 1875 Gg3S54c, or only
q shade above the lowest price OF the day.
Corn was exceedingly dull and its fluctuations
In prices were almost IN sympathy
with wheat, closing with 6 loss of n
compared with Saturdays last figure the final
weakness being added TO by the visible supply
anu heavy estimate OF receipts tor tomorrow.
Hog products were somewhat unsettled. Hogs
we're lower aud this fact, with free offerings oil
the product caused a period of y eakness duria e
the early trading, but later there was a rally
ow ug 10 covering of shorts and then another
period of weakness though the low point
touched in the early trading was not reached.
Estimated receipts for tomorrow: Wheat, 2S0
cars; corn, 900 ears oats, 1S5 cars; hogs To- coo.
+ The leading futures ranged as follows: