The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-10-29
QUIET ON THE BOARD
CHICAGO BUSINESS LIGHT n SPEC
ULATIyE MARKETS DULL.
but Wheat and Oats Suffered De-
ciines-Pork Higher.

CHICAGO, Oct. H.-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
er. May oats closed sc lower, and provi-
sions with moderate gains.
Wheat opened with a semblance of i'm
provement in tone, 5215c being bid for De-
cember for a few moments, but the faint
bubble of demand soon burst and there
were sellers at 522sc a minute or two later.
Northwestern receipts were again heavy,
Minneapolis reporting 707 cars and Duluth
So7, or 1,064 in all, compared with 1000 cars
on the corresponding day of the year be-
fore. Chicago received III 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 un-
changed for flour. Berlin, "A mark high
er for wheat. The clearances of
wheat and flour for this week for
both coasts, as reported by Bradstreet,
amounted to 1883. 600 blu, against 1892. 900 on
the previous week, and compared with 81
S2o,WV 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 blu, including those
at Kansas City; shipments, 4 ,7S2 bu. The
exports for twenty-four hours from Attain
tic ports amounted in wheat and flour to
3SS.OO bu. Business toward the end of the
session was a shade more active than ear
4 Har in Tho 49,, 81 ~
was at the expense OF the bulls. December
ruling around 52Ac about fifteen minutes
from the END. The very light business en-
abled local short sellers-who have ali the
money In the trade-to stick the CAD still
deeper. into the bulls TANKS and get the
price down another lsc. December sold at
S2lsc, and closed at that. May, which
56bc. ""0 eoSeu ~
Corn was a shade weaker on the average
ior May but much flrmer for October and
december. The latter feature was the only
noticeable one in the days transactions.
ms weeks local movement has resulted in
an estimated Iessening of elevator stocks
TO the extent of $4,000 blu, and the stock
taking on Monday is not likely to show
more more n ABOUT 400, GOO blu of No. 2 corn in
ana Withdrawals from store 1874. 600 bu. 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 an
pear 10 De having things all their own way.
receipts here for Monday are 200
cars. october opened at 505sc and closed at
oV9c. december, which closed Yesterday at
4o12c, opened at 1880 and gradually worked
upward until 1t reached 1850, ~reacting from
tnat 10 49sc at the close. Nav opened and
closed at 1850, selling as low as 1850 i'm
between.
The oats market was quite active at in
teTVais during the session, and altogether a
lar business was transacted. 1t was
tnouSht that the liquidation of long oats is
now ABOUT over, and also that the shorts
nave fully covered. An easier feeling pre-
vailed and prices closed under Yesterday
last quotations, May at 32c sellers. At the
start IL solo at 321sc, later up to 325AG32Ac.
and down TO 3lasQ31kc. Worthing.
ton Dought a good many oats. Carrington-
Hannah were selling.
Inc provision market improved slightly
que 10 some little covering of shorts and
Inc halt in the selling pressure. Hog re-
celpts were 1900, and 81, 0G0 are estimate
Tor Monday. Speculative trading was light
ana prices at the close showed an improve
nnent OF nc In pork and .021zc in lard and
tlpS Inc latest quotations were 81. 20. sell
srS, Tor January pork, 6.70c bid for January
iard ana 5.9Oc for January ribs.
treights very slow. Corn. &c TO Buffalo
A cargo OF 100000 bu of oats was taken al
&c to Buffalo. "
receipts for Monday-Wheat
Lou cars corn, zoo cars; oats, los cars: hogs
5o,O0O; hogs next week, leo, 900.
Leading futures ranged as follows.