The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-05-11

was the top for the day and also for the present
bull movement, exceeding yesterdays best price
by &c per bushel. From that figure there was
steady do1 MALL throughout the afternoon, result
ing as noted in total collapse near the close.
Not until July sold at sl.l9A was che headong
rush checked, and then there a quick reac-
ton to s1.23 with $122 the closing figure On the
curb further selling pulled the price down to
201s Only the most intrepid professionals dared
enter the pit to-day and business therefore at
times was very dull rousng up quickly into sea-
sons OF great activity Foreign houses bought
freely during the forenoon but later turned SELL
ers. The feature in May was a late advance to
s1S1 exceeding the previous high point by &c a
SIC higher than last night although July and the
later months closed with net loss OF 41s66iso
mental effect on flour, but was so cratic that
mills refused to make any important concessions
and the later market, therefore, closed with yes
terdays advance nominay sustained.
Flour-Receipts. 81 AIS brls; exports T,Tf4 brlss
The market unsettled and nominal with
buyers and sellers entirely out of line; winter
patents, S6.75Q125; winter straights. s650Q6.75:
Minnesota patents. S.5oa7;75. Rye -four quiet at
! So. 1904. Corn meal steady. Rye easy; No. z
Western 76c. Barley dull. Barley malt quiet.
Wheat-Receipts. 5000 bu; exports. 1885, 72l bu.
rive, nominal. Options opened weak in response
to lower cables and passed through day of the
widest price fluctuations seen in years After the
first break shorts run in on feverish bulge
which in turn was followed by second crash
| in all months except May. under heavy unload
| ing. The close was excited at 51sc advance
May but 41sq6iac decline on other months; No;
red May. SlsOQ1:si. closed at $lsl; July, $LlsH
| Q1.3l%, closed at $l22.
| Corr-Receipts, 116.O2S bu: exports, 37S,SiS bu.
| Spot weak; No. 2 41%c. Options opened weak
with wheat and after brief rally broke in the
afternoon under liquidation and closed 1%1liso
net lower: May, 40Qg41c closed at 40c; July 4Oss0
421ac. closed at 409sc.
| Oats-Recepts. 4s4 400 bu; exports $3.50 bu-
| Spot dull; No ?, SEC; No. white. 3SI3Slsc. OPP
tions dull and weaker, closing at 1c net decline:
May closed at 35c
Hay quiet. Hops steady. Hides steady. Leather
Beef firm. Cut meats Steady Lard easy; West
| ern steam, s6.1715Q6.s0; refined steady. Pork
steady.
Tallow steady. Cotton-seed oil steady; prime
| crude, 20isc prime yellow, 241ac.
Coffee-Options opened firm, with prices un-
| changed to points higher; ruled quiet and fea-
| tureless with steady undertone light receipts
| in Brazil and large warehouse deliveries in this
country but speculation Indifferent; closed steady
with prices points lower to points higher.
Sales, $3.50 bags. ncluding July 575c. Spot cof-
fee-Rio quiet; No. Z, invoice csc, jobbing 7sc.
| Mild quiet; Cordova S15@l51Ac. Rio--Receipts,
| two days, A000 bags; cleared for the United
States 1900 bags stock $4,000 bags. Total
| warehouse deliveries from the United States.
| 1,S22 bags. including 20967 from New York; New
| York stock to-day, 375.53S bags; United States
stock, 4S7, $50 bags; afoat the United States.
591 eco bags; total visible for the United States.
LOIS $50 bags, against 64S 1877 last year and 3S 65S
| in 1886.
Sugar-Raw steady; fair refining Sssc; CEN
| trifugal, Sc test, 3-l6c; refined steady.