The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-10-27
GRAIN MARKET DULL
FIRMNEss ABROAD l. THAT PRE-
VENTED DECLINES AT CHICAGO.
Oats Fell Back to Inactivity and with
Wheat and Corn Closed I'M
characterization Lower.

CHICAGO. Oct. 3.-The grain markets
were exceedingly dull to-day. Firm foreign
markets prevented declines. and wheat, corn
and oats closed unchanged. Provisions were
weak and finished lower all around.
Wheat opened a little firmer owing to a
slight Improvement in the tone of The Liv-
erpool cablegrams. While frmer, 1t was by
no means more active. The Northwestern
receipts were somewhat lighter than for a
few days past, but with 527 carloads at
Minneapolis and 230 at Duluth they were
not regarded as light, although amounting
10 forty-three cars fewer than were re-
ceived at the two places last year on the
corresponding day. The small exports from
the seaboard were discouraging. The total
from the four principal ports amounted to
only about $50, 900 bushels in wheat and
flour together. The total Of the receipts at
primary markets was $4,000 bushels and
shipments 375.269 bushels. During the fore
noon the fluctuations did not exceed Slice
In December and May. Rosenkranz COW
cred some short wheat soon after the open
ing, and on the fractional advance thereby
occasioned Partridge tried to sell some.
The market was too narrow to take much
of the one side or the other. The bears
"ciC dlTdtQ u OllOW II oOWh tudu
sc, preferring to take that much profit
when 1t could be got, and the bulls were
equally anxious to turn an eighth Of acct
dental advantage into money. The closing
cablegrams to the Board of Trade quoted
Liverpool from I'd to I'D higher and firm.
The scalpers began about IL o'clock to
show more favor to the bear side, and, en-
couraged by the execution of a few selling
orders from outside. they pressed their Of
lowest prices of the day. December, which
had not previously sold above 52ssG524c or
below SPEC, dropped to 52Tsc. 1t rallied sc
at the nnish, closing at 52l2c.
The corn market was even duller than
the very dull wheat market. The receipts
were l3 cars, compared with 160 estimated.
were new corn, none of which grades better
than No. 4 on account of its dampness.
and the range OF prices for such was from
&c TO 4Oc, according to it's greater or less
for No. 2 corn I'm round lots for shipment.
but No. 2 yellow was sold to the extent of
gram to the Board of Trade had a sensa-
ton in the fact of October corn being ouoted
2lsd, per Genital, or the equivalent Of Sc per
bushel higher since yesterday. Estimate
receipts for tomorrow are 10 cars. Nav
corn kept within the range of 49Z and 50c.
only 1900 bu bringing the latter price, and
IL closed at 1890.
After yesterdays extraordinary session in
oats the market seemed ever more insjg.
hilcant and submissive than ever. Outside
orders were limited. ard even local parties
ana scalpers were not inclined to take hold
Fluctuations were all in sympathy with
corn. May sold from SIC to 32Ac, and back
10 32lsc, where il closed.
The provision market was aflicted with
another spasm of weakness. Pork lost in
the course of the days trading 321hc. and
at the close had 2712c as the days decline
Lard left off with .15c decrne and ribs
.l2l2c. Hog receipts were %, 200, and Is.O
are estimated for tomorrow. Longs sold
out, and packers added by some short sell.
ing in the days depression.
TO Buffalo. ~
Estimates for Saturday-wheat. los cars
corn, lO cars; oats, 40 cars; hogs, $50