The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1894-10-31
MARKET REPORTS.

CHlCAGO, oct ZS.-lne wheat Market
was TO all appearances sustained today
by firmness in corn. Wet weather caused
The strength in the latter Wheat is un-
changed in price at the end, but it aver
aged lower for the day. Corn is &c
higher for May 7sc higher for October
and November and 1c higher for Deem
ber Provisions are slightly higher and
oats &c higher.
Wheat was wanted for a few moments
at the opening at a shade over Saturdays
closing price, but the demand was quick
ly supplanted by a pressure to sell. De-
cember, which closed on Saturday az
521sc bid, sold at the start at from 521s@
52Ac, and May. which wound up last
week at 567sG57c, opened with buyers
at from 567sc up 10 57lsc. As the result
of an hours trading December declined
to 51&4 6517sc. and May to 56la565sc. The
sh1rt-llved firmness at the start was
chiefly due % bullish feeling in the corn
market but as the cause Of the strength
in corn should really have had oppo-
site effect on wheat, seeing that it was
because of the rain, and rain was badly
needed for the lately sown wheat, the
latter market soon went on the downward
course indicated by the quotations The
foreign markets were all frmer at the
opening with the exception of Liverpool,
which opened weak. Beerbohm's reported
an increase Of % coo bushels in the guam
tity on passage during the week. Mime
apolis and Duluth receipts were 1881 car
loads. compared with 1,779 cars on the
corresponding day of last year. Business
was more active than for few days
past The disposition 10 buy came back
with renewed force after the decline, due
to the growing frTnness of corn.
The primary market receipts We're
1,1S2,00O bushels, Of which 9S1 900 bushels
We're at Minneapolis and Duluth. EX
port clearancas from the Atlantic sea-
board amounted in wheat and flour to
S72, 900. The visible increased about
as expected, 1851. 900 bushels, compared
with an increase of 2,349.000 bushels last
year. The early loss was recovered and
at the close 52Isc for December and 565sc
for May were the trading figures.
The break in the dry weather postponed
TO Il still later date the grading Of corn
into the contract class. That was the
chief factor in the days proceedings in
that market and on its account the price
got a hoist of from &c to sc immedi-
ately at the opening and 1t had another &c
rise in the course of the forenoon. That
refers to the May. which is still the chief
speculative future but the nearer de-
liveries, although traded in to much
more limited extent. made less radical
fluctuations. November rose re per
bushel just as the market opened and in a
very short time thereafter it was wanted
by an anxious short al 1lac advance. but
quieted down later to 52c or 1l4c over its
value on Saturday afternoon. May
touched 505sc soon after the opening, then
reacted to SOS 05O14e, after which it sold
up 10 501ac. 1t sold again down to 501sc,
but wound up firm at 50K0503sc No
vember sold off to 515sc at the close.
In oats there was a fair business tran
sacted and the market ruled a shade
firmer. sympathy with corn the
principal cause, although tpe disposition
to buy was more prominent than
to sell. Outside busipess did not
amount to much, although some orders
were filled. The demand was principally
local and no important ,sales were eff
fected. May started at k2tse. sold down
10 sc and up TO 32Ac, Were it closed.
Provisions were inactiv but firm and
closed slightly higher tn p on Saturday.
For January delivery y X is sc higher
and ribs are up 212c. Receipts Of hogs
were $4,000, instead of 900. as looked TO-
and corn appeared TO govern the slight
changes which occurred during the day
in provisions. Hog receipts for tomor-
estimated at 2300t head
Freights-Smal lots of grain 1c to Buff
falo Outside boats offered at 7sc.
The leading futures Tsnged as follows: