The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1876-06-07

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These figures will do TO study carefully; the
are replete with instruction. They ought to
effectually silence much of the talk about
stagnation in trade affairs. All that is wanted
now is to meet the market. III the people are
poor producers must take the fact into consid-
Grafton. 1t is not wise to.ignore II. Those who
are holding provisions are confident of better
prices before the close of the season, and it
must be admitted, that under ordinary cir
cumstances, their reasoning is correct, but 1t
must not be overlooked that the people are
poor, and that IL they eat the hog product it
must be afforded at prices unprecedently low
It is not what ought to be paid to make the
provision business profitable, but what can
men pay who usually consume shoulders
and clear rib sides. If the rich or
those in comfortable circumstances find it
hard to live, the poor must get food cheap or
starve. There is any quantity OF fne-spup
theories about the situation, the cause of low
prices, etc. We do not know nor do we
care to know whether they are well
founded or not-the fact stands out in painful
conspicuousess that labor is disorganizsd, in
dustries of the country are paralyzed and the
great mass of the people can not pay high
prices for food-business men may as well
look the fact square in the face and govern
themselves accord
WOOL.
Receipts at this point are reported liberal,
but the market is weak and prices have a
downward tendency. The Boston Shipping List
of recent date says: "rhere has been a more
active demand for wool the past week, but
the sales are con fed almost exclusively TO the
new spring California at prices indicating no
change since last week. This article has been
Qrri nd hoxr l1oor
free sellers, the transactions of the week COM
prising l,CSe5J0 lbs. new spring at from 16 to
2Sc per Id for inferior to choice. The primo
pal transactions are still in the range of 20 to
25c per 10, but one choice lot of 10000 lbs
Northern spring sold at Sc, and several other
lots of choice IT 27c per b. but Csc per is about
the outside price for average lots This is the
largest business we have had TO notice in Cal
i.0rnia wool for several months, with the pros
pect of a large business in this description for
some weeks to come, as receivers will be likely
to place all the California wool possible before
the advent of the new clip of the West"
There is no movement as yet in Western
heeces, but tire season for active movements
is near at hand. Unless prices open at low fig
ures buyers will no doubt hold back, as the
prospects ahead are Far from encouraging. The
recent sales of woolens at auction indicate
very low and uns satisfactory prices. and man.
ufacturers will be forced to m.ye with unu-
sual caution in stocking up nth new woods.
The forced sales of wool at auction on We'd
nssday last were the lowest for a long time,
20,OOOlos Ohio selling at 32c, but from the
to believe that it was Ohio wool, grown in
Vermont and other states, and a lot of 10000
cred a very low figure. 1t is, in fact, impossi-
BILE to force woods at reasonable prices, and
manufacturers should hesitate before OPP
Grating In the interior
BUTTER AND EGGS.
The market for these articles has been for
some time past exceedingly dull, and ship
pers have found 1t impossible to realize profits
by shipping TO Eastern markets; on the con-
der such circumstances one of our largest
dealers and shippers has, within the past
week, Withdrawn from the egg trade, and
out circulars notifying country dealers that
8 cents per dozen was the outside figure for
barrel lots. The New York Commercial Bull
Ietin of the 5th refers TO the market as fol-
lows:
little or no i'm provement on the general mar
ket that can be discovered. AS usual at this
season, quality has a very decided influence,
and some OF the very best lots Will command
what may be considered high figure, but the
average run of stock has to be offered slow 10
move even. the small quantities called for.
We hear great complaint OF the dlfhculty ex-
perienced in disposing of barrels. Some Of the
very best can now and then be sold at about
15c, but coopers refuse to take the bulk of the
supply, on the plea that the sugar houses, etc.
refuse 10 use them, and say there is no proba-
bility that they will be wanted until fall,
when potatoes, etc. commence 10 be mar
day but outside figures are almost impossible
TO realize, except for fancy marks In asmall
way.
Nearby stock, single bbl...-per doz. 10 ola
Western, prime IL Cal2
Westerp, fair TO good.............-...-.. 10 @l0H
Canadian IL 9l2H
BUTTER.-Receipts to-day, 1888 pigs. D he
general status of this market remains much
The same. Some few holders are still inclined
to insist upon extreme rates for their pet
STOCKS, and now and then buyers are reporl ed
as looking for extra fine butter at something
above quotations, but where high prices are
that expectations of quality are extrava-
CANT almost to absurdity, and that really little
Is done. We still look upon 25c for state
a quotable nature, and only TO be obtained for
the best selections from the average run of
AT ns
show q little more steadiness and uniformity,
especially on grass butter, as 1T is thought pro-
The expert clearances reported for the week
are l,036 packages.
ON CHANGE.
There was large attendance of merchants
and business men on Change to-day, and the
feeling in provisions showed q little more con-
idence, as an evidence OF which we note sales
of ten carloads G. r. sides at Sc spot, an adj
vance OF on yesterdays quotations. In the
department of grain little is doing, exceptin
corn, for which there is a fair demand for a
No. sound article.
The following is given as the stock Of hog
product in the market June1:
Stock Of hog product in store June1:
G. r. Sides, 200 600
Other cuts, summer cured, lbs...........4,25 $4,000
Lard ~,
$. Il. uams, 800