The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-10-03

has been restricted and unsatisfactory Yet the
condition of business at the beginning of the
last quarter of 1883 is such as TO warrant a
hopeful view of its prospects.
The most encouraging element in the business
situation at present is the fact that the readjust-
ment of values in the leading branches of legItI-
mate industry, which has been going on since
the opening of the year, is apparently COM
pleted, and that trade Is now progressing with
confidence and security. The wholesale trade
in the leading lines Of merchandise this fan,
though a little late in gettingiunder way, bids
fair to attain a large volume. The manufacture
ing interests are gaining in activity. GFncers
are having "a good trade. Sugars and coffees
continue in strong position, and molasses and
syrups are active and firmer. In the produce
markets there is the usual fall activity. There
has been hut little change III the position of the
egg market for a couple of days with the excep-
ton OF slightly increased receipts, which II Is
believed has arrested the upward tendency. The
arrivals of butter are also more liberal. There
is a good demand for poultry as prices become
more reasonable. Cheese rules strong at quota
tlons. Apples and potatoes in fair supply and
selling better than ten days ago. Everything
now indicates a healthy fall trade. The great
grain staples of the country are moving steadily.
Wheat has been steady OF late, the prospect or a
full crop having had the effect of bringing prices
down TO an acknowledged low level. 1t is now
generally conceded that a large crop of corn will
be secured, the decline of 14OI1sc at Chicago
last week showing that the fear of the crop be-
Ing made short by the early frOsts is generally
abandoned.
All these elements forbid any expectation of
a grand boom duriag the last three months of
1883. But they allow tine hope that a moderate
and conservative activity will compensate to a
great degree for the adverse influences which
have affected business during the first three
quarters OF the year.
.ts GRAIN.
Dullnes is the characteristic of the grain mar
kets generally. The Board of Trade Price Cur
rent says of wheat: "Our home markets are
somewhat quiet, and very little desire is seen to
trade. Offerings are light and demand dull.
Seabosrd is duh and wc2asr. New York being
1oc lower, Baltimore leo lac of, while Chicago is
lac lower" We quole.
No. l Mediterranean, track ..-.-...-...S1.09
No. 2 Mediterranean, rack.-.-.-----.... Loeb
No. 8 Mediterranean, track Toe
~ D leu, S09
October, LOB
Corn-Cash deliveries in all grades are dull
and lower. Sellers are scarce and only fair de-
mand. Arrivals are light. Markets at seaboard
are steady at Baltimore, lac lower at New
York, and Chicago is from l40 ssc lower. We
quote:
No. 2 white, AZ
Yellow, TRACK 4Sl2
High mixed, 48
Mixed, AT
no: ., ~
Rejected, 40
Understandable, AZ
Sound ear, 46
New December, track 81
Oats-Show very little change, with fair in
quiries for all grades, but offerings are light. No
interest In futures. We quote:
No. 2 white. I. o. 80
mlxed, 2IA2
R*Jecbed, track 20
Rye-Nothing doing.
B~ran-F1rm; $I2.25 bid: no sellers.
GRAIN IN STORE.
Oct. 1. 1888.