The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1879-06-18
COMMERCIAL.

Trade, as general rule, has been exceed
lngly good in all departments of commerce.
The pleasant weather of the past
few days has had good effect on trade,
large number Of country merchants have WIS.,
tied the city and purchased quite literally.
Values, general rule, have undergone but
few changes.
THE CHICAGO WHEAT MARKET.
In Chicago there has been considerable ex-
element in the wheat market, and the TIL
bune of Sunday says:
The great sensation on Change yesterday
was the manner in which some OF the wheat
shorts for this month were forced to face the
music. Some of the heaviest men on the floor
were found to be deeply in on the short side,
one of them being over 1,000cC0 bu on the
wrong side of the deal all the way up from Ole.
receipts falling on; they were quite small yes.
terday. Some of the shorts looked upon this
as sign that the first holders of wheat had
been well drained by the relatively high prices
of this spring, and that there is now very little
1id wheat to come s iorward II was freely pre-
dearly, as the longs will want to reimburse
themselves for their purchases OF June re-
ceipts, which they were obliged to buy in or
der to sustain the market while the shorts
held off. The June quotations touched 81 IS
on the top price OF the previous day. 1t closed
at sl.05L Among the Incidents of the wheat
o1 of o8 bo
Milwaukee to fill shorts here. There may be
more to follow.
A number of samples of new winter wheat
from Perry county and vicinity were exhibit
on Change yesterday by Mr.. James Hayde.
will run from 10 to 80 bu per acre, and most of
it Is excellent berry, promising much bet
ter inspection than last year. MI. b. thinks
will be the best IN quality known In the past
10 years, and the quantity some 10 per cent.
above the average.
THE FALL RIVER STRIKE.
fr,,vv dfofo cfrity too dod Foil
River, which will involve 1900 employees
whose wages amount to 100000 per month
Wages were reduced Is per cent. in April, 1878,
with a promise from manufacturers that the
rates would be restored soon as the adj
vance in cotton and goods should justify it.
Manufacturers, however, assert that the profit
on goods is not sufficient to warrant the ad-
vance demanded, and argue additionally that
the advance in the purchasing power of
money is equivalent to a rise in wages, They
also maintain that wages at Fall River are
already above the general level. Their refusal
is declared to be final, and arbitration is re-
jected.
NEW YORK GROCERY MARKET.
In reviewing this important branch of COM
merce the Bulletin says:
Sugars.-On The market for raws, the volume
of business has been fair, and in some cases
the call a little quicker, though the wants of
reriners are not yet OF SO pressing character
as to force them into free operations. The de-
mand has been in the main for the finer grades
for the time being. Holders keep their limit
well up to the former line of quotations all
around, and for the better and full testing
| for the Withdrawals OF samples Sales OF ~
| hhds molasses sugars at &c; 100 hhds of Porto
Rico SAesc; Soo nh hhds Of centrifugal e, and
| business. Refners' molasses sugars selling at
| 47s@5c, to fair extent.
Refined In good general demand, and the
offering selling up closely on all grades, bat
more especially from stock valued at &c and
under, the latter closing very frm.
| possibly a shade irmer. We learn Of no bust
| ness from first hands. and, as a rule, jobbers
continue to stand on awaiting the advent OF
but they find no one coaxing them to operate
and the limit of valuation Is extreme on all
samples. Importers. in fact. are confident Of
the future, and will carry supplies for devel-
| Iafde.
For mild grades there has been no essential
change since our last report. Good TO choice
parcels of West India growth are held with q
reasonably copfden ne that Nothing can be lost
by carrying at ruling rates. The demand
| however, is moderate. and for the day the only
caibo, ex "B J. willard" East India stock is
qdist, but ruling about steady.
Molasses.-Holders OF domestic continue To
place their line of valuation about as before
but there Is not much strength on the market
and only very choice goods will command ex.
sSa.
iSTtSef weakness S.. and md irresnlaTity: No ale
been made, but 24@2l1<c would appear TO be
about all that can be obtained for 50-test Cuba
on negotiations in progress. Sales OF 10 hhds
Cardenas, ex "John H. Conyers."
DRY GOODS AT NEW YORK.
The Now York Bulletin, In q lengthy 70
view Of the market in that city, says:
The market has been characterized by the