The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1894-04-11
MARKET REPORTS.

CHICAGO, April 9.-There were severe
enough fluctuations in all the leading
markets today to satisfy the craving Of
the most restless scalpers. SO far as
wheat is concerned the ultimate result
Of considerable excitement and heavy
business was lsc Improvement in price
as compared with Saturdays value. Corn
followed wheat TO some extent. but was
independently sustained by small receipts
and a fair export inquiry. Provisions
were very strong and shorts were very
nervous Pork closed 471zc higher. Lard
and ribs are 25c higher. Wheat al the
start was weaker and the market opened
with IaG2tc loss. the weak cables and
reports of rain being the principal bear
ish influences. Offerings were not very
free at the decline. the trade not caring
10 sell short much in the face Of the gov
eminent report tomorrow. and the de-
mand improved prices, advancing 15sG
1%c. eased back sc. changed some and
closed &c higher for May and l4c for
July. The selling early was by the
private wire concerns, on reports Of rain
in Kansas. advices from Parsons. Olathe,
Topeka and Wichita. reporting rain. The
weather map showed colder conditions
in the West northwest and southwest
little snow in Colorado and heavy rains
in Missouri. southern Illinois and Mis-
souri, river valley as far north as
Omaha There was no rain in Kansas
except along the eastern edge.
At the early decline good buying
started in, which caused a sharp rally
influenced some by the report that rains,
according to the official report. did not
extend far into Kansas. The predictions,
too, were for fair weather. Many Of
the local operators, while feeling quite
bullish. think the market here out Of
line with other markets. New York is
within few cents of the prices ruling
here The export clearances were
smaller and not favorable for a bull
market
Corn offerings were rather limited, and
especially around the opening, while the
demand was good. The shipping inter
ests were inclined to purchase, and, in
fact, led the buying, the selling being
scattered. Opening trades were at
Saturdays final figures and gradually
worked up &c. eased off &c, ruled firm
er. and closed with a gain of Sole.
tomorrow's estimate was considered light
at 260 cars. The visible increase was a
bull factor. The oats market was quite
overrun with buying orders during the
greater part of the session and with only
a limited number of sellers considerable
strength was developed between oats
and the larger markets early, but the
strength in the former was almost en-
tirely Independent. The visible supply
had some effect in retaining the firmness
Provisions were strong and higher.
Those who had sold short on Saturday
were made uneasy by the small run of
hogs to start with. The receipts We're
only $1,000. instead Of 81 1000 as had been
expected, and when the nervous shorts
sought to buy they could discover very
few who were willing to sell to them.
The latest trades were at or near the
best prices Of the day and show the fol-
lowing gains on the ruling rates al
Saturdays close: Pork is from 45c 10
47lac higher; lard from 25c TO 27lac up
and ribs 25c.
Estimated receipts tomorrow: Wheat
Sc cars; corn. 26O cars; oats, 165 cars
hogs. 1000.
The leading futures raporad ne fotIou-S