The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1877-06-20

The following shows the receipts of corn at
Indianapolis:
1876. 1877.
January, bushels.-..............,4S $1,000 l,ZAgg0
February l,4IZOOO l,IoSO
Marcn SoIf0U lJOHilOO
,3OO4D l,ly0oOO
May -l,7746O l,26l 100
The New York Daily Bulletin of Wednesday
says:
The situation of the chief staples has not
been materially changed, with the exception
of corn, which has experienced a sharp reac-
ton under suddenly curtailed receipts, instead
of the heavy ones of the two preceding weeks
and the attendant depression. This staple has
actually become scarce in the face OF a large
and continued shipping demand, notwtth-
standing the heavy shipments since the first
large arrivals by canal came on the market.
This export outlet has been kept open not
withstanding there has been no advance as
vet in the British markets to compensate for
the advance here. This has been due to a de-
cline in steam freights from Cd to id
TO Liverpool, which has offset the ad-
But there seems to be great conf
dence in corn among shippers at these current
admitted low rates. and only the fear of hot
corn keeps the market from still further adj
vance. The British markets have so far re-
manned steady in tn face of the late very
heavy exports, and this naturally imparts new
confidence TO the future of values and creates
an increased demand for futures, which IS
as on spot corn except steamer, at the close
which was extremely scarce, and jumped up
4%c per bushel from the lowest pOint,) which
has advanced sharply on light receipts here
and small shipments on the canals and lakes
with prospects of light receipts in this month
and next such as to influence the upward ten
dency. At the close this tendency
was more marked than during the week,
and the market was more excited, both by de-
mand from shorts to cover and from shippers
to NIL their orders, while there were few sellers
OF either spots or futures the bears sellers of
last week now being buyers.
Wheat has moved for export and milling
slowly, yet the movement has been about suf-
ficient 10 steady the market under light stocks
and receipts, and the closing prices are not
the aggregate business has been small aud the
position of the market appears TO be I'M
changed from that of the former week.
Flour of all grades above No. and supers
has been steadier, and the higher grades. both
of shipping and trade brands, have been
stronger than last week, and although not
much advance has been established except on
city mills, yet old outside prices are now more
general, whereas a week ago the inside ones
were. City mills, however, are l5920c higher
both on West India and English brands, which
former especially have been active at the adj
vance at the close, while buyers and sellers are
&c apart on regular state and western extras,
So 70 being bid for standard brands and 81
asked. Supers and No. have been in good
nesOtas for bakers use, as well as patents,
active at the close and firm, but no higher,
while winters of all kinds were steady. but
quiet.
GROCERIES,
We nave no Specltll cnhDSe 10 note IN gro
ceries. Stocks are ample ana prices strong.
The New York market is recorded as follows
by the Daily Bulletin of Wednesday:
Probably the most noteworthy feature dur
Ing last week was the giving way OF holders
on the market for Sweets, both sugar and mo-
lasses and their products selling at a decline.
The shading on raw sugars was &c per 10,
bringing cost dewn to basis of l09lOAc for
fair TO good refining. at which there has since
been show OF steadiness, but no infusion of
crease of demand. Direct importa-
ton, pretty free receipts on purchases
to arrive an sf, SLOW ais5rsSSta9n 9na OF
pendent position, and this, coupled with less
favorable reports from Cuba, induced impor-
tiers to offer from la ding parcels, etc., at the
reduction above named, especially on musco-
vadoes, the centrifugal grades not shading
more than l-l6c. Accommodations In store, how
ever were held off the market, and in the ma
jority of cases could scarcely be reached except
at the fun rates previously ruling. Molasses
nas been very dull and weak, finally closing
with sellers reducing their views to 30, and the
bids, a rule, standing at 4Sc for 90 test. As
with sugar, the supplies going in boilers hands
have been pretty full of late and the demand
was much reduced. while the natural tenden-
cy was to shade bids, toward which there has
been a response OF about &c per gallon. Do
nestle has been dull and much is good enough
to satisfy buyers at a cost exceeding 6Oc. Syr-
ups of all kinds were dull and nominally un-
changed, but could be bought lower. Sugar
Coffees ruled firm. Brazils have had the
stimulus of continued favorable kilograms
from Rio Janeiro, and this induced importer
to hold to their stocks with strength and con-
fidence, but they have failed to receive the en-
couragement of much demand. A delay in
tbs receipts of telegraphic advices may have
had something to do with this, but the main
cause was undoubtedly slow interior distri-
button which induced jobbers to hold back for
the time A steamer at hand at the close OF
the week brought very good assortment OF
samples, and It Is hoped these will attract rae. at
a rule, but held their own on price, and have
been sparfngly offered. On Java there has
been liberal movement, and generally bet
ter market. In view of the position of the
stock here, the sales were from necessity from
second hands, but these covered about 10000
mats, and there was also something bought to
arrive (probably 700 TO 1900 piculs) from the
first cargoes due, about September next, with
refused.
In dry goods trade Is mp to the expectations
of merchants, and all things considered, has
been fair during the past season.
The New York market is reported as follows
| In the Daily Bulletin Of the 18th inst:
The trade movement has been conn arative-
" slow with the cotton goods commission
houses to day, but the business Of the week
now closed has been large and satisfactory for
| the time Of year. Fall goods of certain descrip-
tions could probably have been distributed In
even larger amounts than was the case IL hold
farther ahead, but this they prudently de-
clfned to do and so checked tendency to-
ward speculation in some makes OF goods
which are unquestionably cheap at current
quotations.
The usual Saturday quiet has prevailed in
| the jobbing trade, and transactions were main
ly restricted TO filling orders received by mall
and telegraph from different parts OF thecoun-
f.<ttor fss.,is The m, a rlrat n "a l,een less ac