The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-10-28
QUIET ON THE BOARD
CHICAGO BUSINESS LIGHT AND SPEC
ULATIvE MARKETS DULL.
Decrease I'm Stocks Sustained Corn,
but Wheat and Oats Suffered De-
cIines--Pork Higher.

CHICAGO, Oct. N.-Business was again
extremely light in the speculative markets,
and the dullness had an adverse effect on
the value Of wheat, December closing with
a loss for the day of Sc. Corn was sus-
tanned by the evidence of a gradual eating
away Of local stocks and a prospective
scarcity of the contract grade. and May
closed unchanged, with December sc high
err. May oats closed &c lower, and provi-
sions with moderate gains.
Wheat opened with a semblance of i'm
provement in tone. 5219c being bid for De-
cember for a few moments, but the faint
bubble Of demand soon burst and there
were sellers at $3.50 a minute or two later.
Northwestern receipts were again heavy,
Minneapolis reporting 77 cars and Duluth
357, or 1,064 in all, compared with 1000 cars
on the corresponding day of the year be-
fore. Chicago received LII cars. Foreign
markets were about steady. Liverpool was
quoted unchanged for spot and remote
futures at I'd lower for October. Paris
was 10 confines higher for wheat, and I'M
changed for flour. Berlin, 4 mark high
er for wheat. The clearances of
wheat and -four for this week for
both coasts, as reported by Bradstreet,
amounted to 1855, COO blu, against 1892, 900 on
N'O W0Sht dAAa - o.
S25,e1 bu on the corresponding week OF
last year. The visible supply promises to
show what the bears call another HAND
some" increase. Primary market receipts
for the day were 7sS.7sS bu, including those
at Kansas City; shipments, 49, S2 bu. The
exports for twenty-four hours from Attain
tic ports amounted in wheat and flour to
3SS,0O bu. Business toward the end of the
session was a shade more active than ear
Her in the day, and the increased trading
was at the expense Of the bulls, December
ruling around 524c about fifteen minutes
from the end. The very light business ell
apleo local snort sellers-wno have all the
deeper into the bulls TANKS and get the
price down another 1sc. December sold at
o21sc, and closed at that. May. which
567sc.
Corn was a shade weaker on the average
Ior May but much firmer for October and
December. The latter feature was the only
noticeable one in the days transactions,
! Inis weeks local movement has resulted in
an estimated lessening of elevator stocks
TO the extent OF S50,0N bu, and the stock
taxing on Monday is not likely to show
more than about 10000 blu of No. 2 corn in
chicago. ,To-day's receipts were 1853 cars
ana Withdrawals from store 134, 900 Blu. New
York reported 6 boat loads sold there to.
day Tor export. Liverpool was another Id
per Genital higher for October. The Chicago
holders OF October options In Liverpool ap.
pear TO be having things al their own way
receipts here for Monday are 2s
cars. October opened at 505sc and closed a
10Ac. December, which closed yesterday q
bRc, opened at 48ssc and gradually worked
upward until 1t reached 1850, reaching from
that to 49lsc at the close. May opened anC
closed at 49hc, selling ss low as 1880 il
between.
The oats market was quite active at in
terva!s during the session, and altogether
1air business was transacted. 1t wa,
thought that the liQuida ton of long oats II
now about over, and also that the short.
nave FULLY covered. An easier feeling pre-
vailed and prices closed under Yesterday
last quotations, May at &c sellers. At tn,
start 1T sold at 32fsc, later up to 321sd32Ac
and down 10 31asq3lsc. ACKNOWLEDGEMENTS
ton bought a good many oats. Darlington
Hannah were selling.
Inc provision market improved slightly
due TO some little covering of shorts an,
me halt in the selling pressure. Hog re
ceipts were 1900, and $1,000 are estimate,
Tor Monday. Speculative trading was ligh
and prices at the close showed an improve
ment OF nc in pork and .021ac in lard an,
rips. Inc latest quotations were S11. 20. sell
ers, Tor January pork, 6.70c bid for Januar,
lard and $500 for January ribs.
Freights very slow. Corn, &c to Buffalo
A cargo OF 100000 bu of oats was taken a
&c TO Buffalo.
I'M receipts for Monday-Whea
100 cars; corn, 200 cars; oats, 165 cars. hog
1000; hogs next week, 100. coo.
Leading futures ranged az follouc.