The Indianapolis journal., 1895-09-20
THE BULLS In CLOVER
FOR TINE THE PRICE OF WHEAT
SHOT UP, FALLING BACK LATER.
Leading Cereal Closed at a Loss Of
5-sc ON the Day-Corn and Pro-
visions Made Advances.

CHICAGO. Sept. i9.--The bulls had gen.
orally hilarious time for a while to-day.
but there was large subsistence before the
close. Some OF the most urgent buyers OF
wheat sold during an advance to-day, and
the price at the close was lac below the
highest price OF the day and ssc lower than
1t closed yesterday. September corn had a
bulge OF 1Ac- but retained only ssc OF 1t at
the close, and oats finished unchanged. A
fair inquiry for January provisions caused
a slight advance all around.
Wheat was AGssc lower at the start to-
day. but at once began to develop strength
and finally sold at lssc. with considerable
activity and not a little excitement. but on
free realizing sales and the withdrawal Of
buyers the prices finally weakened. The
legitimate situation had undergone very
little change. Cables came iad higher and
domestic markets were better. and the
local sentiment still continued bullish
Shorts were active buyers, and there was
also some investment demand, while there
was little disposition TO sell during the
early part of the session. Partridge was
still disturbing factor. and. while he is
100000 bu yesterday. he was still a. heavy
buyer during the early part Of the session
to-day. and many Of the smaller shorts fol-
lowed in his wake. Cudahy was talking
bullish and had numerous brokers in the
pit taking wheat freely and bidding for IT
actively, while Baldwin e. Farnum were
ne iong fUa fine they % have I been accamnating for
some time. All this. with the light local
receipts and the apprehension that North
ke d 10 m o
factors for a time, and made strong and
somewhat excited market resulting IN the
advance. But after time buyers began
to withdraw and the longs began to realize,
when prices weakened under the selling
pressure and fell. December opened at 59zsc,
sold to $3.50, then up irregularly to 6lssc,
September sold up to Gle and May up to
64iac. but both eased OF. The market got
very weak during the last hour, and De-
Pardridge stopped buying after the price
got TO Gle, and Baldwin & FarDurn and
Cudahy. who had been free buyers early.
Covered cow. e.sd Iiis''b the Bottom wen went out.
Corn was active, and was Influenced
largely by strength I'm wheat. and the COW
ering by shorts was active. especially for
largely oversold. and as there is only about
100000 bu Of contract corn in store, and
that largely owned by the elevators. there
up, in sympathy with the price for Sep
tember, but both weakened later. Septem-
Der sold from ssAQS4sc. of by noon to
The market ruled easy during the last
hour, as the advance brought out great
deal of selling. and the demand was
closed at 29ssc, and September at S3s4c.
Oats were strong in sympathy with corn
and the short demand May sold from
2lfsG2l11c. off to 2o1sc and closed at INC
Provisions were firmer and closed slightly
higher than on the day before. The trade
was not brisk, but there were buyers for
January at some increase over yesterdays s
wa
stronger than for October At the close
pork was higher by 21zc for october and
7lac for January. Lard and ribs were each
UP 21zc per 100 lbs
Estimates for Friday-Wheat, SO cars;
corn. $50 cars; oats, $50 cars; hogs, 1900
head.