The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1877-02-28

Green Hamsmshipped Tor the week, l2.osI
pcs, against ls,5l5 jpes same week last year;
Al pcs corresponding period in lS75-76
tIncludes all cut meats except ). z. hams
and shoulders.
The grain trade during the week has been
rather sluggish, though a fair movement in
corn is reported, with prices fairly steady.
A writer in the Chicago Tribune of Monday
upon the future of breadstuffs says:
This is a subject OF importance, not only TO
dealers on Change, but TO every person who
has family to provide for, and should, there
fore, receive the careful consideration OF every
one.
The bulls on wheat, intoxicated and embold-
ened by their success, seem to have forgotten
or ignored the commercial distress and appre-
hension that prevails, not only in our own
country, but throughout the world. To Justify
their eXorbitant anticipations they insist upon
having a European war, yet war seems no
more Imminent than il did 10 months ago.
They affect TO believe in foreign demand
still there is very little export inquiry. Eng
lish and continental markets are depressed,
and Great Britain is receiving liberal supplies
rom other than American sources.
We hear them harping on "shOrt CROP" yet
there is more wheat in sight than the average
of the last ten years at this season Of the year.
Admitting however, that the supply is less than
Tor the past year or two, we require less
Owing 10 small wages or absolute inability TO
obtain emplcymentat all, II is imperative that
the poor and middle classes shah economic
and substitute cheaper food for their susten-
| anoe. IL is the confident belief of the writer
cent less than II was three years ago, and il Is
| fair TO presume that here is corresponding
falling of in other countries, where they are
The bulls neglect to remind us that gold is s
per cent lower than ii was year ago; that If
| they would cease manipulating the New York
| market the price there would decline very ma
| terially: that the winter wheat never looked
better; that spring wheat will probably be
| be a heavier seeding of spring wheat than ever
known-the former being stimulated
by the prospect of remunerative prices;
| year than during any previous year, and the
| number increasing daily; that there are no
indications of general revival in business or
| confidence-On the contrary, continued dis
| trust prevails, and growing desperation
among persons of limited resources and those
i having maturing obligations. G1ey do not
/ call our attention to the enormous shrinkage
| In values during the past year in real estate,
railroad, life-insurance, milling, factory, min
ing, vessel, and other properties, besides the
failure of a vast number ofprivate enterprises.
| And the end is not yet.
| Are not these significant facts, and pOrten-
| tous of the fate that may oyertalxe the grain
| bulls, the same as the calamities that have be
ion Wr eel Last wear was not VERY good
one for rings pools, and combinations, nor are
| there any very strong indications that those
better.
II is said that whom the gods wish TO de-
stroy they hrst make MAD, III TINS apnoIisim
their horns, or there will be thinning out In
numbers OF the board of trade, and a Waterloo
, will be celebrated before the 18th of June.
The produce market has been moderately
active with liberal receipts of batter, eggs anc
poultry. The New York market of Monday
for eggs and poultry is reported by the Daily
Bulletin as follows:
Eggs-Receipts to-day, 1902 bbls. As notet
In our last prices have fallen of so low hol
ders commence in many cases to think tina
| stocks should be offered with less freedom ant
| a show Of Eteadtness made. This is based OF
4 the supposi ton that retailers will give thei
I customers the benefit of reduced cost and thu
start FREQ consumption. Another portion o
the trade, however, think IL Is a bad season o
| the year TO allow stocks to pile up, and tina
the ssfest proceeding is to keep demand at
| tracted By low figures until supplies com
| within easy manageable proportions. To-da,
| LC9ic more asked and sellers general,
were talking firmly.
Nearby stock. single bbl.....-..per doz. lS@l6
nN4Ao LOG %
~ eoterns lce1lo1
Oto wee Oef u..- &C.
Oanoothn tAsss
lo9..-