The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1875-04-15
FINANCE AND BUSINESS.
GENERAL MARKET REVIEW.
SUPPLY OF COTTON GOODS.

SUPPLY OF COTTON GOODS.
In reply 10 a pretty sharp letter from
Boston, the New York Bulletin took special
pains to investigate the real condition of the
stocks OF cotton goods. After stating the
facts in detail the Bulletin sums up as fol-
lows: On the whole. the position of the
cotton goods market may be thus sum
marily stated. The best makes OF bleached
cottons are II liSht supply in fine and
medium fine grades. Low qualities and
outside makes sre plentiful, and paying
little or no profis. 1t is an expensive pro.
cess to popularize bleached cotton; and
although many outside makes weigh and
count as well as bstIer known goods,
they will only sell at lower and
unremunerstive prices; and in Such
cases disappointed agents are contn-
uslly complaining OfOV production. The
bulk of the obbing trade is get unaccom-
plished, and there are tears OF labor trou-
bles, which will lessen the supply still
further. Sleepy printers, who have not fol
lowed the prevailing taste, complain OF the
sluggishnets OF the demand for prints, and
have accumulated stock, which others have
not Tie productions of the Pacific,
Cccbeoo, Manchester, Allens's, Simpsons's
MerriEaack, Ancons, Oriental, Freeman,
Arnold, Hamilton and other mills are
closely closed up, and only two or three
makes are in excessive supply. The Joboers
hold large stocks of prints and shi tiDgs, but
two weeks good trade would drive them
into the market as buyers OF reassortments.
SALT COMBINATIONS.
The Saginaw Courier reports as follows
the consolidation of different salt interests
in Virginia and Ohio:
The Kanawha manufacturers have sue
ceeded in perfscting an organization OF all
their salt furnaces under one central man.
agement, and they have even taken the pre-
caution to get control of every old and
salt well and hole in the ground
from end To- end of that river. max
ing ic impossible tor owners Of tHis aban
doned property TO ever start up during the
CO.. tinuance OF this company, In short,
placing thsir produces under the control OF
the company. The Ohio river furnaces
have been lab0ring to the same emo, and
have just concluded to place their salt under
two controls. This virtually places all the
salt property in Virginia and Ohio under
the management of four companies, viz: The
Kanawha Salt Company, headquarters
Charleston, Va; OHIO River Salt Company,
POmeroy, o.; OHIO snd Virginia Salt Com
psny, MiddlepoIt, o; Central Ohio Salt
Company, Coiumbu-, o.
WEEKLY BUSINESS REVIEW.
The past week has witnessed short turn In
the speculative market. Chicago operations
wtre brought TO s,andssill at the clsse OF last
week, and all pr ces fell of. The affair was
wholly the result of artificial manipulation OF
she market at Chic go and has little to do with
STATE OF trade generally or with any other than
the spec native class. Prices OF meats and grain
In this market have not declined at q in quota
tiOns and whatever may have been the ups and
downs in options there has been no day when
quo,atiOn- have receded nor hen grain and
meat could be bought on the spot for less than
quotations On the contrary, whatever sales
have been made have been rather above than
below the figures named. The general condition
of business and trade has been good, in some de-
partments exceptionally good, checked some
what by the cold storm OF Mondsy and the
chilly days of this wsek.
MONEY MATTERS
are moving along smoothly without the least
disturbance OF any kind. The banks are easy,
and prepared TO meet al demands, while bust
ness romises 10 be active and satisfactory. The
snerai tendency in the money market has been
toward a contraction. IL Is fact To be noted
particularly, which answers once for all the
tions of the inh ttOnists of Que year ago, that
were put 70 wa d with such yehe nence about
a. IN 81 cure ~, ans NV nen
Is not true that here Is not sufficient currency
to do the business of the coun ~. Ire simp
facts OF the y uatlon cont adict all the IaaciOuS
arguments OF The nnanclsl demagogues.
DRY GOODS.
Trade has been all it could be desired, and
prices have ruled firm, with bat few changes.
Arnold has al Last put his goods where they be-
long. /. e., on level with other leading makes.
Therefore this reduction can not bs Interpreted
rs a weakening OF the print market. Desirable
styles are wei sold M, especially plsids, and
the few concessions on 'DasSe stuff amount To
nothing. rrinL CLOTHS are closely look d after
aud prices sill nitched in the upper octaves.
stocks or fans aud parasOls are now open and
showing some signs OF life.
GROCERIES,.
The trade IL somewhat irregular and unsteady
In amount. Good and bad days alternate, bat,
taking the average OF the week. the wholesale
houses have done a satisfactory business. The
ase might even be put stronger than that, they
have rarely done better, all things considered
Prices have run a ong with singular uniformity
slight frightening in cofees in the Eastern mar
keis. The range OF price here is rom % TO "a
cents, perhaps half-3-cent high 4 Tor the best
grades. Sug ara are in large demand and sales
are very heavy, SO much so that a slight advance
is not an improb be contingency.
PRODUCE.
The general tendency of prices has been to fall
OF, and the trade has been reasonably satisfac-
tory. The demand for live poultry is rather re-
markabIe. no trouble in disposinz OF all that |
Is offered at fair prices. The butter which |
comes into this market is detestabIy bad thst |
It is pretty hard fisk 10 give anything for IL /
above The price OF Ordinary grease. god aril-
eie would an1 ready sale St fair prices Eggs /
have been in COOL req sesb at Is cents as the
lowest figure stocks are well worked Off. and
here is little sign Of fur hes decline. Potatoes