The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1894-02-07
MARKET REPORTS.

CHICAGO. Feb. 5.-Wheat was weak
today and closed at the top with a loss
of %c for May and 1kc for July The
causes Of the decline were dull English
cables. larger northwestern receipts. mild
weather and an increase in the amount
OF wheat and -four on ocean passage.
Corn closed with loss of sc for May.
Oats nc lower for Nav and provisions
but little changed from Saturdays last
figures. Wheat opened weak with May
&c lower at 64i4c. New York reported
foreigners selling moderately there. The
Liverpool market was duh and un-
changed at the opening and London
quoted the cargoes market slow. The
selling was moderate and after advanc-
ing sc above the opening price the mar
ket began decline which continued with
few reactions throughout the session
Partridge sold May above 6llkc and
bought feely at 64c and under. lie sold
July freely. This weather was not of the
severe variety that the bulls looked for
and the mildness added to the weakness
of the market. The amount on ocean pas
sage was reported to have increased
36S.000 bushels for the week and this was
disappointing to the bulls in view of the
comparatively small shipments from this
country last week. Northwestern re-
ceipts were again larger than year ago.
Minneapolis and Duluth received to-
gether 371 cars as compared with 2S6 on
the corresponding day last year. The
visible supply showed "A decrease of 371.-
600 bushels, but this had been looked
form. and had little effect on the market.
As the session neared the close the feeling
became more and more bearish. En-
IRENE dullness prevailed in the pit and
ii rod oh aI continued
decline with but temporary reactions,
May finishing YEARLY at the bottom.
May opened SAC. advanced sc and de-
clined 5sc to close at 6324c.
There was not a great deal Of interest
manifested i'm the market for corn. price
changes being narrow. An easy feeling
was developed and slightly lower prices
were scored. The fine weather. increas-
ing receipts and the enlarged visible
were all factors which induced selling.
Fluctuations We're confined to a 1sc range
and after opening &C lower and advanc-
ing 2tc May declined with but temporary
reactions and closed only &c above the
bottom figures Of the day.
In oats there was fair trade and a
weaker feeling, prices declining sc and
the close was tame at the bottom. The
offerings were larger, especially at the
last. The depression was also largely
in sympathy with the break in corn.
The opening for May was Ac lower and
after an advance of &c the decline was
attended with few reactions. Provisions
opened steady at Saturdays final figures
on the run Of live hogs at the yards be
ing about five thousand less than esti-
mated and higher prices for them. In
the absence of any support the local
operators forced the market down to a
material extent. The decline in wheat
also contributed to the weakness as did
also the loss of the early advance at the
yards. The volume Of trading was very
light Some covering by few shorts
later on and a little buying by prominent
packing institutions were responsible for
a moderate advance and at the close the
tone was from steady to firm with the
final figures at or near the outside prices
of the day. Compared with last Satur-
day MAY pork is unchanged, May lard
21ac lower and May ribs DC higher.
Estimated receipts for tomorrow
Wheat. 137 cars: corn. 925 cars; oats, 210
cars: hogs. 10000.
The leading futures ranged as follows:
If~~tz FN1%-a