The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1882-04-19
ABOUT so so.

and Business From the Several Great
Centers for the Past Week, the General
Mercantile Markets Being Fairly Active
in All Staples.
New York, April l4.-The week has been
an exceptional one in Its religious and holt
day aspects, which detracted somewhSt from
the business activity, while the weather
has been uafavorable, yet trade generally
continues TO manifest some improvement,
and there is noticeably confident feeling
in reports from the various interests.
The gain marker has been strong; wheat
fuctuzted within range of one to two cents
per beShel, and at the close was fairly firm
at the advance. Corn tended steadily up
ward and the market closed firm at the
highest rates attained this season.
In provisions, lard and pork have been
very firm, fluctuations slight. vita decline
ct the close.
The cotton market continued steady until
% day or two ago, when there was something
of an advance and indications ar the close
of bull movement; prices some twenty
points in advaneeof a week ago
Wool is Gull and steady.
Petroleum has been wax and prices
gradually declining. Operators appear very
cautious.
Freights duh.
American pig iron is depressed, and while
the consumption is sufficient to prevent an
accumulation of stock, there are few buyers
in the market and little or no speculative
feeling. Scotch pig is also very dull and
prices inclined to be lower. There little
doing in either steel or iron rails.
The boot and shoe trade Is active and adj
vices from the country are cheerful and the
outlook for business generally satisfactory.
A steady trade is reported in leather. The
prospect is thought to be good.
Reports from the dry goods trade are
mostly satisfactory, and Notwithstanding
the RnfavOrabe weather quite heavy
movement in merchandise has taken place
since April set in. Buyers are here in large
nuabers and purchasing more freely.
The lumber market is somewhat affected
by the present strikes of carpenters and 9th
erS, but this is only regarded temporary.
Prices are firm. however, except in spruce
lumber which shows signs OF weakness
The general tone is good, and trade is fairly
. active.
There is a somewhat better demand for
Brazil grades of coffee, and prices steadieri
znilder grades are more inquired for; and
holders are not inclined 10 make conces-
sions.
Sugar is steady to firm.
There are no important changes TO note in
the tea market.
Butter and cheese are dull and weak,
Win a lSnI port OSlnduu
Chicago.
CHICAGO, April 14.-This has been a good
financial week, and there seems To be fair
sailing ahead, although disturbing rumors
come from other cities of bank troubles
There is an Overplus of money on hand, and
good borrowers could obtain it at per cent.
Eastern exchange was firm at 75aSoc prem
ium. The clearings for the week estimating
Saturday. were S59,00o,OO0 Securities ruled
good and strong.
General mercantile business was fairly
active in all the staples, and jObbers are sat
isfied with the condition of things.
Building is in full swing now, and ma
terials are fairly called for.
On Change to-day prices were again
strong for nearly everything, and the feeling
was bullish in every respect. Even the re-
port of the heavy bank failure in Buffalo,
which was vigorously used to depress rates,
had only momentary and slight eject.
Flour has been getting stronger day by
day. but 10 very marked advance has Oc-
Cured so that holders refuse to sell, and
trading is very restricted.
Wheat was quite active and unsettled.
Foreign advices were bullish, and local
speculation ruled the day. The market
opened stronger and &c higher, broke 115c
for futures, but an urgent demand set In
advanced quickly 15sa25sc for May and
June, then weakened and closed ultimately
Ic higher for May, lie June. 1%c July.
Sales 81 2Sa1 1915 May, 81 27a1 1885 June,
81 227sa1 243z July. 1t was noticeable to-
day that May and June sold very closely to-
gether for the first time of late. On call
there was considerable excitement, the
heavy sales aggregrating = 100000 bushels.
and an advance, especially for July and
August.
Corn was speculatively very active and
there was a nervous and irregular move
ment III the market and wide fluctuations
made it an unsatisfactory deal. Advices
showed strength. The market opened firm
at yesterdays closing prices and soon ad-
vanced 14a5sc Considerable business was
done at small range, bat about noon rates
receded under heavy offerings 2a2ssc then
a rally of = a2c followed, and at the close
the advance was &c for May, &c June. sc
July; sales. 552<a7SLc May, 74}sa763sc
June, 74Ea765Sc July. On Call: Sales l.
ri, eco bushels, and rates firm at first bat a
little easier on last sales. Oats we're lightly
traded in and in the afternoon became haU
but the feeling improved later. speculation
set in and there was a strong upward move
ment; sales, 52a53c May, 51a52c j une 56a57c
July. On call prices were strong and in
some cases 17Ec higher. Sales $50, 600
bushels.
Pork was active for fulures, but shipping
was light; prices opened 5a10c higher but
soon declined l9a15es near the close it raj
lied and closed firm; sales. SIS 25x1S 40
Moy; SIS 421za1S CO June; SIS 81 Ials so
July. On call sales were IL 500 bushels
prices just steady.
Lard was fairly active and offerings we're
free; prices advanced slightly, but declined
5al0c and barely recovered the decline at
the close; sales at $11 32@G11 40 May;
$11- f213a11 57E June; S1l e0al1 67% July.
OnNal sales were go tIerces, and no chang
in rates.
The transfers on call to-day represented a
value of 81 6O7, 900.
Raltimope.
baltimore. April 1.-The markets for the
past week have been generally fairly active
Mones- is plenty at sac per cent; lower rate
for bese securities only.
CINCINNATI.
CISoxNATI, April a4.--The event of the
week has been the sudden change IN tenn
perature. Last Saturday the thermometer
reached 10; on Monday night it had fallen
to 2S0; Tuesday night was quite as cold.
lie best sdvices from all points indicate
that in majority of tEe localities peaches
are entire5y killed. Other fruits are more
or less injured, apples, perhaps, least of ALL
Strawberries are entirely killed. The check
ito farm wOn- is iDconsiderable, as it is too
early to begin planting. Much apprehen.
-siOR was feltGor the growing wheat. which
was unusually well advanced. Latest OBJ
CHI hot he ir,ftr