The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-18
BROKERS VIEWS ON THE
WHEAT AND CORN MARKET
Wheat Is Already Getting Into the
Holiday SIump-Armour bought
and Sold Yesterday.
IMeyer & Kiser. Indianapolisl

CHICAGO. Dee. 1.-THE wheat market has
assumed a holiday character a week In advance
Trade was slow and the tone dull throughout the
session. The bull interest sold on the opening
swell and was a moderate buyer on the break.
1t appears that this interest does not favor any
extreme changes in values at the moment. The
motive of the early selling as far as the crowd
was concerned was a direct Argentine cable re-
porting improved weather and very little dam
sge 10 the crop Liverpool advices are OF con-
tinued unsettled weather. but neither that mar
ket nor Antwerp showed any advance. North
western receipts were light. but arrivals heavy.
There is some talk Of a still greaetr mos ement
of winter wheat IL transportation facilities were
through southern Nebraska. southern Illinois and
the Southwest. No. 2 red wheat was sold to-
the December. The LiverpooI market closed UNI
changed to higher. Estimate receipts to-mor-
The eSmmissiOn house interest in the corn mar
was not In evidence to-day. There was a lot Of
long corn on the market which eased prices.
There is considerable talk OF an increased move,
Iowa are concerned do not Indicate any improve
ment In that direction Receipts were light and
was dull.
IPorterheld & Co., Indianapols1
CHICAGO. Dec. 17.-There was an easier feel
ing early to-day IN wheat. but the Northwestern
receipts falling of and reports Of continued dam
age from Argentina turned the sentiment some
what bullish. Cables were firm and up a fraction.
No. 9 red winter sold at soc. or lie over the
December, This helped the market Exports:
year. The market was narrow all day, but has
an upward tendency just at the present.
terdsy. It The eI big Hf Fellows % soId fr SRSy o q the az bulge Sss-
The demand was smaller and spot only steady.
Would wait for further reaction before buying.
IAIbert r. Thompson & Co., IndianapoIis.l
CHICAGO, Dec. T.-Ther has been a small
and uncertain wheat market to-day. lower early
in the day and firm toward the close. The news
has been conflicting. Early there was wheat
for Gale by Armour. and. while he has been in
evidence on both sides. Il has looked as In the
May bulls were sellers on the rallies. The sea-
board reported twenty loads for export. There
has been a little done from the gulf from here.
Broomhall reported damage threatened in three
direct cable here reported weather improving.
The market appears TO be a mere scalping one,
with the leading interest disposed 10 keep ~ for
the present within narrow limits December
strength was a feature to-day.
The corn market has not shown as much bull
energy as on Wednesday. There has apparently
been less outside buying, with considerable local
bear effort. The range has been a narrow one,
and the decline did not extend beyond &c 10 &C.
Receipts were small and so was the estimate
The cash market was steady. The cables were
up a fraction-spot unchanged 10 I'D up. The
Price Current reported the movement increasing
slowly. The weather was favorable for move
ment. Some talk OF increase In offerings through
Illinois and Nebraska. The seaboard reported
twenty loads for export. Corn toward the close
felt the wheat hrmness- Better New England
demand.