The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-08-28
COMMERCE.
Review of the Local Grain, Produce, and
Provision Markets.

Provision Markets.
INDIANAPOLIS, Aug. Of.
The local merchandise markets opened quite
actively to-day, and in most lines of goods prices
were steady and firm. few changes in quota
tons on dry goods will be noticed and others
may be expected within day or two, more
especially in the lines which were sold at the
auction in New York last week, certain In
dianapolis houses having taken advantage of
this sale. In speaking of this sale an Eastern
paper says:
"The New York dry goods auction sale, like
the previous auction, showed prompt purchases,
low prices and a wide distribution of goods The
prices at the more recent sales seem to have
been somewhat below those reached at the
sidered satisfactory to the manufacturer; but the
occurrence of both shows a wiser policy than
Of stock of cotton cloths nearly twice that
now On hand. The stock reported
aug s .O an When cFess
reached very nearly their lowest point IN the
past two years, but the increase in 1882, during
the six months covering the summer months, was
frem about 100000 in the spring TO l,453, 900
the first week of September, 1882, against
1,159.000 at like date in 1881, s29.0OoiD 1880
and $4,000 in 1879. Stocks, it will be seen,
are lower than at any date since 1880. AT the
the same time the exports Of British cotton
goods to the United States for the first seven
50,469, 100 in 1882, year which showed an ad-
vance over 1881; whose figures were midway
between 1883 and 1882.
"Ths decrease In stocks and decrease in i'm
ports has been accompanied by an increase in
tskings of cotton by mills IN this country of
11,543 bales, nearly an eighth, the taking north
and south to July 1 being 1,776,e74 bales in
1852 and 1855, All in 1888. The prices reached
IN IN Inursdsys sss were low, Close 70 tue point
prices reached at the previous sale they point to
permanent settling in values which will push
weak mills to the wall But the present situation,
with 6tOCEa smaller. manufactured lar0Qr md
imports less, points to.a hS5rcr domestic demand
than last year, aud the general condition of
bio f0r those who are content to seek low pro-
fits through sound business"
There is little that is new to note in other mar
kets Sugars and coffees continue in the same
strong position on Saturday. In the produee
markets there is considerable activity. Eggs
have advanced TO IA cents, while butter and
poultry tend to lower prices.
GRAIN.
Sluggjshness is still the chief characteristic OF
the grain markets generally. However the ex-
port of wheat and -four abroad is showing a
slight increase, being $4,000 barrels of -four and
1,S77,991 bushels of wheat on Aug. 10, against
"a 900 barrels of -four and / 55s 200 bushels of
wheat the previous week: and 37s, 500 barrels of
-four and 1906, 900 bushels of wheat for the
month"; against PIT 800 barrels of flour and
3,260,192 bushels of wheat for the previous
It'll; and for eight weeks was soc, 240 barrels
of -four and 9,663,50 bushels of wheat The
increase. however, is but slight, and the total
small when compared with the foreign move
ment year ago, which, for the two months
above specified, was 59s,959 barrels of -four and
2o,4s5.ooo bushels of wheat, being an increase
of -four export of Z 400 barrels of -four and de-
crease of IL ,900,0 900 bush els of wheat
The grain IN sight on The same date (Aug. 2o)
was 2b02S, 842 bushels of wheat IL 1925, 900
bushels of corn and 3,033, 000 bushels of oats,
bushels of corn and 2,4s4, 500 bushels OF oats on
same date a year ago.
Dornbusch makes the quantity OF wheat and
maize on passage for the United Kingdom: