The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-09-03

there is a steady demand, with no important
change in prices for several days. with the ex
ceptlOn of sweet potatoes, which have gone off
from SOC TO 7oc per barrel Grocers reported
little or no change in the position of the sugar
market; there is more selling here now than at
any time this summer. but prices remain
changed Coffee fairly active and firm. New
Orleans dispatch says in regard to rice: Tall
madge reports: Market excited and advanced lac
on all grades. Planters dissatisfied with ruling
rates are Withholding new crop rough, hence,
with scarce supply Of old, prices have ad-
vanced, and Will probably go temporarily
higher"
The New York Shipping List says of trade:
There is a gradual increase of business in the
leading departments, and more hopeful and
confident feeling pervaues the mercantile COM
munlty IN regard TO the season now opening for
these cOgent reasons: Prices, after protracted
snrlnKage, are now generally believed TO be
upon firm and safe basis, with the chances IA
Vorlng an advance rather than further decline,
so Tar as staple productions are concerned; the
hand-to- month policy has been so long adhered
TO that the stocks of goods at the principal dis
trlOutlVe centers of the country are exceptional
~ hght; the season, agrculturally considered, is
among the most successful with which the cOun-
Try has ever been blessed and the farming class
es were rarely ever lightly burdened with in
deotedness; the more important of the recent
failures, 1t is now known, resulted from palpa-
bic violation of the laws of trade, and are there
fore not indicative of any unsoundness OF the
general business interests; the credit system,
which had been OverstraIned for two or three
years, Is now carefully conserved, and there is
nowhere tendency TO over-action; the export
lhoN0lueuJ Is luCEeaSlUR, anu inc gain Will U6
more decided when the cotton and corn crops
begin to move; the import movement, on the
other hand, is comparatively light, and the for
elSh exchanges are thus in our favor"
GRAIN.
visit on Change on Saturday would lead
one to believe, if he judged by the Indifference
OF the dealers, that the bottom had gone out of
the local wheat market. The Board of Trade
Price Current says the wheat markets exhibit
bet
and seller are too great to admit of trading. Of
ferings of all grades are light and demand feeble.
Local receipts are falling off. seaboard is gem
orally lower, and little export demand among
brokers. Futures are in no request. We quote:
No. Mediterranean, track ....-..-.... SLIP
No. Mediterranean, track. LOS
No. Mediterranean, track LOO
NO red, track ACKNOWLEDGEMENTS 1'Oi
No. red, track ---.-.--.-----..-.-.-.. %
Understandable, track. 81
COrn-We note an improvement in most OF the
grades, and prices are higher under a firm de-
mand Arrivals are light. Futures not wanted,
but the general feeling in forward deliveries is
weak. AT other points the market varies, Chi
cagO and New York being l2c to sso lower, while
Baltimore is lac higher. We quote:
No. white, /. ~
Yellow, track 5UA4
High mixed, f. o. NEUTRALITY-SUSPICIOUS. 5O%
Mixed, l. o. OBSERVATION-DISCLOSURES oO,
No. 3, track Observation-Disclosures 46l2
Rejected, track. NEUTRALITY-SUSPICIOUS. 40
Sound ear, track. -..----.---------.-----..--. AS
OAts-Home markets are strong and active,
both for cash and near futures, and sales OF 20
cars September delivery were made on call at
26lsc. We quote:
No. white, +. o. 20
Mixed, f. o. ACKNOWLEDGEMENTS 7
Rejected. track,....... 25
September, first ten days, track ..-.-....--. 1854
September track NEUTRALITY-SUSPICIOUS.. 26ls
October, track Observation-Disclosures. 70
November, track 70
Rye-Steady; 53c bid, no sellers.