The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1894-11-21
MARKET REPORTS.

CHICAGO. Nov. 19-wheat opened with
flourish Of buying orders that tenn
porarily advanced prices, but the contem-
plation of the largest visible supply on
record dampened the bullish ardor May
closing with a loss Of 1hc. Corn lost sc
for May; May oats dropped nc and pro-
visions closed with declines all around.
There were buying orders for wheat in
the hands Of a majority of the commits
sion houses when the market opened and
there were numerous local operators who
instructed their brokers TO dispose of long
wheat. The trading was heavy for two
hours. An advance of from 1sc to PC per
bushel over Saturdays closing prices was
realized for the wheat sold at the opening.
May wheat on Saturday closed at size
and opened this morning at from 612sc to
Size. Not much brought the higher of
those quotations, but a good deal found
buyers in the first two minutes at 6l5sc.
After that the tendency was gradually
downward, although every 1-16c decline
brought hosts OF fresh buyers. The ca
bles came strong and the advance was al
together dependent upon the feature of the
days news. Nearly everything was bear
ish. The northwestern receipts were
enormous. The clearances from the prin-
cipal Atlantic ports were light. The visi-
BILE supply increased 1,O62,0O0. The total
amount now in the visible supply is 49,
$4,000 bushels, which surpasses the heav-
lest ever previously existing ROsenkranZ
reported TO have sold through Pard-
ridge and Leeming about 600 bushels.
August Brossard was reported TO have sold
out. and New York sold through Harry
Lester all the wheat that certain big New
n
day. Half an hour from the close May
was down to 6O24c and it wound up easy
ut that figure.
There was much weakness in corn dur
ing the early bullishness in wheat The
cold, dry weather., with q prediction from
the signal service OF its probable continu-
ance for two weeks, touched the market
on a tender spot. The new corn needs
cold, dry weather to fit it for shipment
The quantity on ocean passage increased
$50 900 bushels. The visible increased 49,
600 bushels. Today's receipts were 434
cars and $40 are estimated for tomorrow
May, which at the close on Saturday was
1870, started at that. but quickly dropped
to 4912c, only a very little finding pur-
chasers at 1870. 1t worked off to 49Ac
and closed there.
The easiness which was prevailing in the
room was prominent in oats. The de-
mand was good from the outside as well
as city account, but the total amounted
To hardly an average fair days business
The visible supply showed a decrease in
oats of $1,000, making the total stock
now amount to $4,000 bushels At the
opening May sold at 525sc, later at 3224c
and then declined to 1880, closing at 3212c
Provisions had weak day and closed
with a moderate decline for every thing on
the list. Pork, after selling off 1212c,
closed with some recovery and net loss
for the day of 715c. Lard at the end was
also 712c lower for the day and ribs DC
lower Moderate selling by packers and
sympathy with corn caused the decline.
Vessel rates TO Buffalo frmer and &c
higher, 1lac being paid for a round lot of
corn to Buffalo.
The leading futures ranged as follows: