The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-01-09
CEREALS UNCHANGED
CLOSED AT CHICAGO LAST NIGHT
SAME AS ON MONDAY.
Wheat Sold Up Lee During the Day
on Reported Decrease of the WISH
BILE, but Fell OF Again.

CHICAGO. Jan. s.-After selling up 1kc
in the expectation of a decrease in the
worlds visible supply, small receipts and
fair exports, wheat lost its advance on re-
alizing to-day, May closing unchanged. May
corn and oats also closed unchanged. Pro-
visions finished slightly higher
There was nothing very encouraging for
the bulls in the early news regarding the
wheat situation, and yet the sentiment had
turned in favor of the holders. With the
English markets easier, Liverpool quoted
from I'D to I'D lower, and the Northwest
ern receipts, although light still slightly
in excess of those of last year the market
here frmer at the opening and gath
cred more strength as trading progressed
The total of the receipts at primary mar
kets was $4,000 bushels, against 600 on
the similar week year ago. Export clear
ances were 900 bushels of wheat and the
equivalent of $4,000 bushels in the shape
of flour. The exporting countries of the
world. including the United States and Can
ada, put afloat 7,996,000 bushels last week.
Continental markets We're quoted firm and
somewhat higher at the opening, and were
a shade stronger at the close. Liverpool
also closed firm and with an upward ten
dency, according to private cabegram.
Some business for export was reported at
X,
but the telegram from the latter city said
that spot wheat was hard to get and was
bringing &c premium over May for No 2
red which restricted business The most
favorable item TO the bulls was the ex-
Dectation of a decrease in the worlds Wis
ible. These constituted the principal items
of the days news, on which the heavy
scalpers alternately bought and sold. Bust
ness of any other sort was light. The
price of May hung around 5Sc, 577sc and
5Slsc for half an hour at the start grad
ualiy improved to 5s1sc,s but by 12:15 o'clock
had worked down again to 5SBc. There
was free realizing near the finish and May
sold down to 5Sc, where it closed.
Corn was very dull, and for the most part
worked up or down, according as wheat was
strong or weak 1t opened a shade under
the value it closed at yesterday, at 473s0
411ec for May, and after declining to 47$sc
the middle of the session to 47a1c. Later
IN the day, when wheat became weak, corn
followed the funeral in a mourning coach
ana returned to about its starting point
The receipts We're 554 cars but for to-
morrow 250 all that are looked for
and the latter expectatio prevented the
market from going as far in a bearish di-
recton as wheat encouraged it to go. The
closing price for May was 471sc, which was
Oats were only fairly active. and fell off
a shade in value, owing to quite free Of
Ierlngs and a continued disposition on the
ever. the developing strength in corn ere
ated a similar feeling in oats The demand
improved considerably, with a great many
ket remained firm right up to the close.
May started at 305s@30s4c, sold at 3O5sc up
to BIC. and closed at 30s4c bid.
provisions were in the main firm suS
talned by good speculative buying The
opening was at slight declines on liberal
hog receipts, and after narrow fiuctuatfons
71sc, May lard a loss of .021sc. and Nav
ribs closed unchanged
- ESTIMATED receipts for Tomorrow: Wheat
60 cars; corn, $50 cars; oats. 125 cars
Leading futures ranged as follows TODAY: