The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1878-05-01
FINANCIAL AND COMMERCIAL
OFFICE OF THE INDIANAPOLIS SENTINEL,
TUESDAY EVENING, April 30, lS7S.

OFFICE OF THE INDIANAPOLIS SENTINEL,
TUESDAY EVENING, April 30, 1878.
Local financial affairs have ruled exceedingly
quiet during the week closing to-day. The
business transacted by banks and banking
houses is only fair. There is but little paper
being negotiated, and that in all instances has
10 be strictly gilt edge Rates OF interest rule
steady at s@lO per cent.
Eastern exchange is in fair request, the rates
being par buying, and 1-lO01s selling.
Commercial.
The amount of business transacted in the
general markets during the past week has been
quite fair, and quo tatiOns have, as a general
rule, underwent but few changes. The in
clement weather of the past few days has
caused quite number of buyers residing near
the city from coming i'm and purchasing their
goods.
There has been considerable activity in
breadstuffs during tina last few days.
The demand for wheat is good, offerings are
light and prices rule firm.
There is good trade doing in corn; offer
ings are only fair, and prices firm with an up
ward tendency.
The provision market has been very dull
during the entire week. There are but small
offerings, and the demand is light.
There is a fair business doing in groceries.
Both coffee and sugars are steady. The New
York Bulletin of Monday, in reviewing that
market, says:
Coffee.-The demand for Rrazil grades has
been moderate during the greater portion of
the day, the buyers being UNIV illing to nego-
tiate until this steamers samples could be eX-
amined, and these were late in coming
also on exhibition, and this no doubt
attracted the attention of the trade, though
not to an extent sufficient to influence 6usl-
The tone, however, was pretty firm, and while
no sales were reported up to the close, full
former rates were asked. The second delayed
Rio telegram is at hand, with dates to the Gath
instant, and reports: sales 10 united states,
1000 bags: shipments TO Atlantic ports, 1,400
bags; stock, 10000 bags price, $500; daily re-
ceipts, $500 bags; exchange, 234d; steamer
Glenlogan, 1900 bags The only transaction
we hear of is 1000 bags at Baltimore per Grey
Eagle.
not much of positive interest for the day. At
tractive samples come under fair negotiation,
and on a basis of full rates, but buyers are not
over anxious to handle anything at all off in
quality. We are again without reported sales
worthy of record, and call quotations nOmin-
ally unchanged. Java is held firmly on a basis
of full former rates, without further business
reported.
Sugars.-Raws continue TO show pretty full
amount of stock offering, and very good gen
eTal assortment of samples. but buyers have
appeared in rather better humor to-day, aud
the business proves quite large. We find an
inclination to resort 90 the old policy OF sec
recy ON transactions, which has a tendency to
raise some doubts over the exact condition of
the market; but, without altering quo
tationsions we should call matters firm
er at the close at full current rates.
sales late last evening and to-day of $50 hhds
muscovadO, etc, "a alc; 269 hhdS do do, ttseslc;
go hhds do do re: 400 hhds centrifugal Sc; SO
At eILa7IIc. 80 bags Mexican 1SI<c. l26 hhds
melado 5lSiRgi e: l11 hhds Demarara and $50
hhds Cuba muscovado on private terms.
Refined were fairly active and about steady,
but without showing any important change
or new features.
Country produce Is in moderate request.
Receipts of eggs are equal to the demand, and
quotations are unchanged.
Butter is dull and unchanged.
Poultry is in fair request, and prices are
steady.
Canned goods and foreign fruits rule steady
and unchanged.
Seeds are quiet.
The demand for dry goods is fairly active,
and prices are iuctuating but little.
The New York Bulletin says:
Domestic Goo1s.-There has been a con-
tinued light demand for nearly all domestic
productions at first hands, and buyers are
seemingly operating in strict accordance with
jobbing traie has been generally quiet, but
there was fair demand for light reasSort-
ments of seasonable goods through the medium
of orders from interior retailers, many of
whom are doing satisfactory business, judg-
ng by the frequency of their recorders.
Cotton goods have exhibited very little ami
nation in agents hands, and the iobbing dis
tribution was only of moderate proportions.
Prices are fairly steady on leading makes of
brown, bleached and colored cottons, but
cheviots and cottonades continue I'M
settled and less active than could be de-
sired. Corded piques are in moderate request,
but prices are irregular and in some cases very
~7ow.
Prints.-The condition of the print market
remains without material change. Special
styles Of light fancies in dress effects, etc., are
in fair demand, but ordinary fancies are slow
of sale. Good styles of 56x60 prints are in
steady request, and the supply of such goods
is strictly moderate. Low priced shirtings
continue fairly active, and frm at current
quotations. Wide prints, though sluggish in
first hands, are jobbing in moderate quantities,
the best makes being relatively much more ac-
tive than inferior work.
Ginghams continue more active than any
other fabrics of domestic manufacture, and
leading makes of dress styles and staples are
in most cases sold ahead of production, while
prices are very firmly maintained.
SALES REPORTED.
Corn cars mixed, f. o. b., Ale.
Wheat car sample 81 II; car sample ele.
yator 81 60.
INDIANAPOLIS CLEARING HOUSE.
Clearings Balances
For the month of January IS $4,000 sl,l9OO0
For the month of February. 3,60Sl54 967 coo
For the month of March,. 4,5Si,S00 1920