The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14
HEAVY WHEAT SALES
BROUGHT ABoUT 4 DECLINE OF o-sC
FOR MAY AT CHICAGO.
United States Government Crop Re-
port-Provisions Advanced.

CHICAGO, March 13--Wheat did It's best
TO score another advance to-day, but,
loaded down wv the heavy sales of the TAX
ers of profits yesterdays bulge, it fin
ished weak with May CSC lower. Corn and
oats Jagged after wheat, May corn closing
&c and May oats &c lower
Provisions went the other way. winding
up higher all around.
Wheat started at shade advance on the
price it closed at yesterday. The govern
ments figures on the amount of wheat in
farmers hands had not lost its effect on
the crowd. although very few took the
Washington estimates seriously. The Iiv-
erpcol market gave an intimation of how
the United States Agricultural Department
was regarded there by quoting a decline
of I'd in the price of futures That was
discouraging to the buyers, but Paris cables
quoted the weather cold and the market
firm and higher. London quoted everything
strong. Minneapolis ard Duluth reported
2SS cars to-day, compared with 81 a week
ago and with 1886 the week before that
Primary Western markets received total
of $4,000 bushels. against $1,000 on Wednes-
day of last week. The most anxious Of
the shorts, however, appeared to have COW
cred and the general tendency CT prices
was downward during the forenoon. At
II As O'clock May was selling at 56lac. 1t
had opened at from SIC to SEC to 55s.c and
declined to 5613c and recovered again to
5lc, previous to the 561ac quotation at the
time named The closing cables were a
little mixed, Berlin and Antwerp were each
a., traction s on lower wiz Paris the equiva-
per bushel for the May-August term. I.iv-
erpooi had recovered from its opening
weakness and md closed at slight advance over
ever. was loaded down with wheat seeking
a realization of the profit there in it
and there was no sufficient demand from
shorts to take it all without depressing
the prices. Half hour from the close
May had declined to 5614c, sellers, and fin
Corn was steady for minute or so
at the opening, but soon weakened and
from 46a4@465sc and those were the best
prices realized to-day. About half an hour
from the end of the session the price was
utes another NC was knocked off it's values,
leaving it at 45s4c about / o'clock The
they even had some of the corn they Gov,
cred yesterday for sale again. The Liver
pool market was. quoted firm but there
dizziness was the general characteristic of
the trade May closed at 457sc,
pathy wth rday aS nd ana through sym
duction in value. Bartlett-Frazier sold
freely and were credited with having weak
ened the market to some extent. May
started at gao, sold down to 2slsc and
closed at 29Lc
The provision market was weak at the
opening and strong at the close 1t was
weak on the receipt of 1900 hogs at the
yards and strong when the packers be-
gan TO. take all the offerings. Armour &,
Co., who were reported to have been sell
ing yesterday, were credited with largely
contributing. by their buying. to-day to
the rise which took place. The opening
price of May Pork was $11 As and s11. 721a
was the closing quotation, gain of 221hc
since last night. Lard closed .071bc higher
and May ribs .07hc higher
- Estimated receipts for to-morrow-W Wheat.
$4,000. IVES