The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-09-07
COMMERCE..
Review of the Local Grain, Produce, and
Provision Markets

INDIANAPOLIS, Sept. 6.
There are no features in the general merchan-
disc markets calling for special mention. FIuc-
tuations in prices were few, and trade continues
to improve from day to day. TIE New York
shipping List Of the 9th says: There Is a grad
uai Improvement in most branches of trade. The
weather is exceptionally good, the summer
absantees are again at their posts and the ma
chinery of business is moving with little friction,
and the outlook is, by common consent, regarded
as encouraging Nobody looks for a great rush
of business during the autumn but a liberal dis
tributon, with somewhat better returns than
have been realized upon the trade of the last
eight months, is confidently expected. The
conditions for a fairly brisk seasons business
are certainly not wanting. The hand-tO-
mouth policy that has so long been practiced,
because OF the prevalence of distrust has
led to marked reduction of the stocks of
goods in the hands OF distributors in the interior
ana as the shrinkage in values, meanwhile, Is
DelleVed TO have run Its course, and as there is
an increased and increasing confidence in the
stability of prices-which, in many cases. are
down to the actual cost of productiOn-iT is nat
ural TO suppose that all kinds of traffic during
the next sixty or ninety days will be upon an
enlarged SCALE especially as the purchasing
power of the people has been subject TO no diml-
nuton Our foreign trade is working smoothly.
The exports are rather moderate, il is true, but
the crop advices from Great Britain, France,
and Germany leave little doubt that our surplus
food productions can be marketed there at sat
isfactory prices The imports continue upon
comparatively moderate scale, with the appar-
emit trade balance increasingly in our favor.
The financial skies, too, are bright.
Tie egg market is firm at our quotations. For
choice butter the demand is improving, and
prices are firmer, but unchanged; poor stock,
however. Is as dull as ever. The demand Tor
cheese has heen improving for some days past,
aud a further advance soon is not Improbable.
For all kinds o. fruit the demand is increasing,
and choice qualities are commanding full prices.
The supply of choice apples has been light for
some days past WatermelOns continue very
dull. There is very little change to note in the
position of the market for the hog products; the
demand continues light for the season, aud
prices Offish, IN sympathy with the advices from
varied much for week or more past, but the
impression still obtains that they will go lower.
GRAIN.
A little better tone was noticeable In the local
wheat market to-day, and more interest was
shown among dealers, yet in their bidding lack
of confidence was shown. The Board of Trade
Price Current says of wheat Markets are steady
to-day, and shade up from lowest point of yes
terday, but dragging along without much life.
The marked decline at Chicago and seaboard OF
the last few days has dampened the ardor of
bulls, If there any remnants of the bovine
species left in the land. There people who
believe wheat below dollar good property, but
yetlac the money the courage to buy it.
Faith without works, is dead" when you ap-
proach wheat market. Locally, there is fair
demand in a small way at inside prices, with
nobody going outside to hunt offerings. We
ouOre.