The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-08

early advance on an Antwerp cable reporting
rain in the Argentine. Private advices later
being fine. During the bulk OF the session prices
Were inclined to work lower. and there was
gestive Of the bull interest. The closing was
strong and above Saturdays last figures
on continued dry weather In che Southwest.
This absence Of precipitation In the winter wheat
belt, If prolonged. will become important
market factor. There were scattered reports to-
day of damage resulting from drought and Hes
sian fly. Local operators were inclined to take
the long side on any % ss r he news
oil @hiSn was ere nsns large Norts
western receipts were less than year ago. but
H at KANSAS city R 'ss being tsS
these for the same period year ago. Country
movement in the Northwest is reported 70 be
would point to a decrease in arrivals at primary
points. Foreign adyices continue OF bearish
The corn market was duh and dragsy. with
some OF the firmness at the close the strength
In wheat. The December was particularly weak
on generous deliveries Saturday. The news was
usually firm the past week. Were lower at Liver
pool for the futures to-day. The spot was steady
pie market was weak being from lie to &c a bu
lower, with nothing doing for shipments Pc
ora wires for more a soT ,,y
ting crops into condition. Estimated receipts
tomorrow 365 cars
IAlbert r. Thompson * Co., Indianapolis.J
CHICAGO. Dec. There has been a big scalp
Ing market in wheat. weak early. with lot OF
II oft taking. and large buying or the break and
a complete recovery and higher closing than
Saturdays. The cables came a little lower. The
Northwest receipts were Lgss cars aga,nst LIZ
still dry and there was more comment over IL.
The crowd assumed Armour sold early aad
bought all offerings the break. Large re-
eeipts- New York reports six loads. We strong
IL favor buying wheat on all recessions
There was a weak market to-day with
the December losing the most, and getting to
1xc under the May. The futures lost nc to &c.
The December was affected by tho deliveries
of Saturday The futures have also been de-
pressed by the weakness OF the cash market.
The CARROTS have had decline Of &c to lie. The
Eastern demand Is SMALL
LPorterfeid & Co.. Indianapois.1
CHICAGO, Dec. THE first trend after the
opening was upward. and wheat advanced sc on
Armour buying. After the FIRST half hour there
was some proft-taking. and as the deliveries
on December were liberal the crowd sold. Pri-
ceip,s some less than last yea. The crowd
sold until after the announcement OF the visible
which showed about 2.00c0 600 bu increase. when
some covering set in. Armour assisted the buy
ing. and in a short time the decline OF 1c was
although Antwerp reports offerings from Argen-
Withdrawn account OF unfavora bls
weather. Foreign situation is bearfsh, but the
domestic situation is bulsh. and the fact that
manipulation easy. Weather map shows dry
conditions which is bullish on the growing crop.
There were million calls bought by firm
to-day.
tract and the pit in bearish mood. selling
way down 42izc There strength in the
cash situation. but futures rallied somewhat near
| the close, with strength in wheat.