The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-08-20

peared, yet all are hopeful and cheerful over the
situation. The several failures of late over the
country may have delayed the expected activi-
ty, but the crops are now beginning to move,
and with this business will naturally Improve.
Grocers report sugars firm, and the same is true
of coffees. Boston papers say of the sugar mar
ket: 'In consequence of the prevailing business
depression and lack Of confidence in hna nclal
circles 1t is claimed the nation has somewhat re-
duced its consumption of sugar., which accounts
for the reduced demand for refined. II this ex-
plantation of the dizziness is not acceptable to our
readers we can otferthem another, which Is That
dealers are carrying the hand-to-mouth policy a
point or two further. In favor OF this latter It
may be urged that sugar is not a Injury put "a
necessity, particularly when the sourness OF the
early crop of peaches is taken into consideration.
Ii is worth while to remember that more sugarls
now being consumed than for two months Deaf
era are reducing stocks, and are getting into 2
strong position. Granulated is now at SAG, ana
the demand is not so good as three weeks ago,
but since June L the price has varied but little.
Retners are all running full time. The Have
meyer refinery has started up in New York, but
is not yet working full. There is no export
trade for refined, as the drawback Is too small.
Holders of raw sugars have opportunities to sell
II they Will accept a slight decline upon recent
prices, but this they are unwilling to do, In the
llnposslOll1ty OF replacing their goods at cost,
and at a time when the statistical position of the
article is favorable, and prices are extremely
low. The English markets are quiet, but holders
are firm. The weather has been recently fair for
the beet crop" The coffee market is firm and an
advance is looked for at an early day. The pro-
duce market is active nearly all articles are in
good supply, prices as for some time past have a
downward tendency. yet no breaks of import
ance have occurred in the week ending Saturday
last.
GRAIN.
The local grain market lie usually tame and
uninteresting on Saturday, but the last was an
exception. There was q good attendance on
Change, and bidding was animated. The Board
of Trade Price Current says of wheat, that the
"local markets are steady, with a shade hrmer
prices for cash No. 2 red. Futures not qnite so
active. Arrivals running lighter than usual"
We quote:
No. l Mediterranean, .S1.o7
New No. 2 Mediterranean, track.---.... 1.O7
NO. 3 mediterranean, raok.--..-.--..--. LOG
New No. 3 red, track 80
New rejected, 50
August, track LOS
September, track 1.05
Unmerchantable, track ----.-.----.--.. rs
COrn-Freer inquiries, but quotations are a
shade lower than yesterday. Offerings only fair.
We quote:
No: white, track 48
High mixed, I. {. 40
Mixed, 47l2
No. 3, track 45&
Rejected, track Al
Sound ear, 46l2
August, track Al
Oats dull and lower; light demand with scarce
offerings. We quote:
New No. 2 white, track 29
New light mixed, track -.-.-..-..-....-.. 26le
Ola mixed, track -
New mixed, track 20
New rejected, 241o
August, %
Rve-No 2 nominal; sec bid; no sellers.
Bran steady; $11 bid; held at $l2.
GRAIN IN STORE.
Aug. II, 1883.