The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-11-30
GAINS MORE THAN LOST
TUESDAYS BULGE IN GRAIN Sue
CEEDED By A WEAK PERIOD.
Foreign News Took the Life Out of
ened ~Corn-Oats and Provisions.

CHICAGO. Nov. 2.-Wheat, with the ex-
ception of a momentary bulge, was weak
to-day. Influenced by the depression of Liv-
erpool and a poor demand, closing 1ad%c
under Yesterday. Corn closed a shade to
Hc down.. oats unchanged and provisions
lower.
The break in Liverpool, despite the
strength developed here yesterday, was the
prime factor in the local market at the
opening. AS traders had looked for a raj
lying influence in cables, the wheat taken
in Yesterday was disposed of early. May
opened Adssc lower at 70hc. and December
off a like fraction at 65a65&c. Buying
against puts, together with purchases
made on the strength of light Northwest
receipts, caused a rally from the opening.
May touching 7014c and December &c. This
advantage was lost however, as the cash
and export demands were poor. The mar
ket became heavy and May closed hqMc
down at $3.50, and December nqAc off at
65I4 az AS tomorrow is a holiday, this
was the last day for December as a future.
and much trading was done to even up and
i'm prepai alton for delivery day. The differ
ence between May and December narrowed
TO 4Ac early, but was 41u4ssc at the close.
December deliveries are expected to be
HtdkL pClOlC IlC Sio Va NhC yin %NS"
York reported twenty loads taken for ex-
port. Clearances were 520, 900 bushels. Pri-
mary points received $4,000 bushels, COM
pared with 1,3S0,OO a year ago. Local re-
ceipts were sixty-seven cars, twelve of con-
tract grade. Minneapolis and Duluth re-
ported $40 cars, against GA last week and
1884 the corresponding day last year.
Corn was steady early, with the Decem-
Der liquidation apparently about completed.
The elevators were ready to take all the
December offerings. Prices were up one
time Ac, helped by small Western offerings,
light local receipts-11 cars-and some wet
weather, with early predictions of more.
The advance was all lost, however, the wet
weather representation failing of fulfill
ment, being replaced by another for clear
weather in the corn belt. and the cash de-
mand being poor. The market was dull.
receipts were $4,000 bushels, against 1885,
600 last year. May ranged from 327sc TO
322sc, closing a shade Gown at 32Ssc; Decem-
br sold from 307sc to 31ssc, closing bc down
at 3O7sc.
Oats were steady on early sympathy with
corn and advanced a trifle. This was lost.
The market was mainly a changing one.
commission men selling December and
akin May. Local receipts were l4 cars.
Trade was dull. May ranged from 237sd24c
to 2i1s024Ac, closing unchanged at 24c. De-
cember closed at 22ssc. =.
Provisions We're barely steady, prices off
just a shade on heavy hog receipts and
lower prices for the same. May pork sold
from So. 521b to So. 5715M9.6 60, closing 2hc un-
der yesterday at 1875: May lard from
s.. 27a to s.. 3Od5 32h2, closing a shade down
at $3.50, and May ribs from S5.0oQ5.0112 to
$50. closing 212G5c lower at S.O5Q5.OF2. The
market was very dull.
Estimated receipts tomorrow: wheat,
30 cars: corn, 237 cars; oats, 1S7 cars; hogs,
80. 600 head.