The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-11-25
AT THE BOTTOM NOTCH
DECEMBER WHEAT SLIDES OFF TO
: 3-4C and NAY TO 20 lac.
Corn. in sympathy, Closes Lower, and
Oats Take "a Tumbie-ProvisiOns Are
steady and Make Small Gains.

Nov. N.-Wheat, depressed by
the forced liquidation of to-day
summed TO the bottom mark for the pres
ent crop. closing 5sQ&c under yesterday.
Corn sol1 off with wheat and lower cables.
with final prices Aa5sc lower. Oats closed
IMasc under, and provisions with little
change.
Wheat statistics received no additions in
huential one way or the other, but the backs
of the weary bulls, trembling from the
heavy load and scoffed at by trade facts
and figures. bent still further and the price
vent TO the bottom. At the opening De-
cember was unchanged at 66AQ66ssc: May a
shade up at 70A@707sc. The business of un-
loading a lot of long December began
straightaway, May alphabetically follow
ing. The market sagged under puts and
buying against these privileges failed
10 have much effect. December near the
close was at 654c and May at 70Ac, where
slightly better support materialized and
both options steadied. December closed g
0slc lower at 5k466c and May 3s415c un-
der at 70sc. AS tomorrow will be observed
as a holiday out of respect to the late
Vice President, traders worked to even up
deals for n recess of TWO days. New York
reported only eighteen loads taken for eX-
pert, and there was no foreign inquiry here.
| Receipts at primary points were 932. 600 BUSH
els, compared with $4,000 last year. Min
| neapolis and Duluth reported $40 cars.
| against 500 last week and 1853 a year ago.
| Local receipts were fifty-nine cars, eighteen
of contract grade. Atlantic port clearances
in wheat and flour were equal to 209, 0O
bushels.
It's sympathy with wheat proved the un-
| doing >of corn, the market being weak
/ throughout he session. Larger country &C
| ceptances were reported, this also being a
weakening influence. The shipping demand
was slow and there was som buying to - MI
higher. Liverpool was owe and Argen-
tine shipments-a roundabout Influence
large. December opened &c lower at BIS
under yesterdays last figures at 3112d3l%c.
May opened 1sc lower at S1sc, ranged from
32%c to 336c and closed AM3sc lower at 32s
@33c. Receipts here were IN cars. The
trade was dull throughout;
Oats were weak with other cereals. sell
ing OF May being the feature. Business on
the whole was small and scattered. Re
| ceiptS were 15 cars and clearanceS only 49,
600 bushels. There was no Improvement in
fne as ! ee To asssc, Closing RsdT@o sas Eens snl
der yesterday ut 22@sc. May sold from 237c
to 24Ac. and closed hc under at 24c.
Provisions We're steady, a condition due
to the firmness of Liverpool on American
| products and TO the assertion that the pre-
| diction of a decrease In the supply of hogs
will shortly be verified. The opening was
little changed from yesterday and fuctua-
tons throughout were narrow. January
pork sold from $s.5O09.521a to s9.521a. closing
a shade over yesterday at $9.5C49.52R; jan
nary lard from $5.12Is to S5.l5. with final
figures unchanged at S.12l3; January ribs
sold from S4.922q5. closing a shade up al
$4.95d4.971a.
Estimated receipts tomorrow: Wheat,
90 cars; corn, 25 cars; oats, ll0 cars; hogs,
10000 head.