The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1894-11-14
MARKET REPORTS.

CHICAGO. Nov. 12.-Wheat was
strong and made a gain of &c. Decreas-
ing stocks abroad, where much of the
crop is going into the pig trough, just
as is the case here. was the main
cause of the advance. Corn fol-
lowed wheat in a reluctant fashion and
gained only CSC. Provisions were strong
and made a considerable advance. Oats
traied after the other markets. gaining
19c for May.
Wheat opened with an entire recovery
Of the sc it lost Saturday. 60l4c being paid
for some May. The price fiuctuated for
half an hour between 6Ol4c and 60$sc and
soc, and then had a temporary shoot up
to 60l5960Fsc. Liverpool quoted a gain of
from I'D to ia per GENITAL. but those quo
tations were accompanied by remarks
which had more influence than those not
very alarming figures. They dwelt chief
ly upon diminishing stocks. A private
Liverpool dispatch said Russian supplies
are moderate and intimlated that the key
to the situation was the exportable sur
plus Of this country. Paris wired that
stocks was small and likely TO decrease,
and that the whean and flour market was
firm and advancing. Besides the strong
cablegTams the domestic situation has
some points Of encoura cement to holders.
Northwestern receipts were again light.
An advance by the northwestern millers
of 4Oc per barrel I'M the price of their -four
was telegraphed from Minneapolis.
Primary market receipts were about the
same as on Monday last. The visible in
creased 1,193,00O bushels, but that was not
regarded as bearish item In view Of
the trading having previously discounted
a possible gain Of 100000 bushels. The
market was fairly steady at about 605sc
when the visible supply was posted, but
after that statement dropped to 60ssc. 1t
recovered again to 60Esc on the strength Of
the closing cables and touched 6O%zc. Pard-
ridge. however, began to sell very freely.
The price dDpped under that selling to
601sc, but reacted to 609sc at the close.
The corn market did not interest great
crowd today. The price improved bc. at
the opening and the strength of wheat
tended to prevent a decline during the
day. May opened at SOC, sold sparingly
at 1910, and then gradually increased its
gain until after touching 501ac. The reac-
ton in wheat caused corn to follow 1t
and May was at 5O14c about half an hour
from the close. 1t was at 501sQ5OAc at
the finish.
Quite an active session was passed In
the oats market. Carrington-Hannah and
Lamson Bros. were bidding freely. The
visible supply showed a decrease ofhte0S,
900 BUSHES in oats. Some strength was
derived from this. but the most important
cause for the advance was the good de-
mand and the higher prices in corn May
started at 1s@S2Ac and sold up to S2Ssc,
Closing at 3215c.
The provision market was strong for
about an hour. 1t then became very
wObbly and uncertain with from 5@712c
changes in value between trades in pork.
Lard and ribs took their cue from pork,
but were played in a minor key. The
market became strong again later on buy
ing by Armour's brokers and covering
by shorts. The gains for the day were:
Pork, 4213c; lard, zoe, and ribs, 2212c.
Freights-Agents asked 11ac for grain
to Buffalo. Line boats took small lots at
1c. but later advanced to 115c.
The leading futures ranged as follows: