The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-07-21

kets also exhibited more strength, in sympa-
thy with the advancing tendency here
The bulk of the trading. however. was
on speculative account, and principally
for Anoust delivery. There was a moderate
inquiry for product to be delivered during the
wear. and sellers were enabled to obtain
further advance OF II 4 cents on mess pork,
and x of a cent on lsrd-the recent advance
in the price of live hogs, and the moderate
receipts giving the impression tnat the sup
nlv dnrinp the early portion of the packing
season will not be very liberal, ana the new
product will probably be sold as rapidly a
manufactured to meet the Immediate re
ouirements of the trade, the prospects being
favorable for the ready disposal OF the olo
stocks during the fall months. There Is
little more inouirv for summer-cured meats,
owing to the fact that the average weight Is
lighter. which makes some descriptions more
desirable for particular markets, ana manu-
facturers experience no difficulty In dlspOslng
of their produce at about the same prices as
are current for winter-cured. The receipts
M provisions during the week were light,
while the shipments were well maintained
a fair portion of the meats and lard being OF
SUMMER cure. To-day, trading was quite
active in this market, and firmer feellng
prevailed throughout the session. accompa-
MED with higher prices for some articles
The INQUIRY was mainly on speculative ac-
count on outside orders. Mess pork was
quite active, and prices further advanced ~
d25c. Lard was quiet. and prices without
material change Meats of all kinds held
firmly. and some descriptions were held
shade higher.
THE IRON MARKET.
The Chicago Railway Review glsnces at
the whole market thus: The iron market in
this city shows little change from week to
week. The demand tor pig iron continues
small, and quotations are merely nomlnai.
The slight improvement noticed In Fmlaoel-
pbia and Pittsburgh has not been felt here.
In manufactured iron and steel a fair order
trade for the season is reported. In New
York no important improvement Is noticed.
Important concessions are made on all sales,
and good brands can be bought lower than
the current quotations. Manufacturers OF
bar iron are firmer, and will not take con-
tracts for future delivery at present rates.
At Philadelphia the slight Improvement no.
ticed last week continues. Forge pig is re-
ported in active demand at present rates.
There is as much doing in rails as Is usual at
this time of the year. Quite NUMBER OF
orders are offering on acceptable terms. Al
Pittsburgh prices remain the same, but the
feeling grows firmer as inquiries increase and
offerings decrease in number. Bar Iron 219c.
for immediate orders, but orders for future
delivery are not taken at current rates. The
steel mills are busy, and some of them have
orders ahead enough to occupy them for sew
eraI months. At St. Louis there is health
Ter tone to the pig iron market than for
many months past. Bar dull at 90, and in
creased inquiry for railroad iron. At Cleve-
land there is an improving demand for pig
iron, and prices are higher.
The British market is still very unsettled
and in a worse condition, if possible, than
our own. The makers prices. July 8, were
as below:
Coltness No. I'd
G3rtSherr1e, NO. ou'
Glengarnock, NO.
Prices as quoted can not, however, be re-
| lied upon to remain the same for any length
of time. Manufactured iron was quiet
best Staffordshire remaining at 9ll@l2
Welsh rails, g7 l0d@S sd.