The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-09-04
COMMERCE..
Review of the Local Grain, Produce, and
Provision Markets.


INDIANAPOLIS, Sept. 8.
Considerable activity was noticeable to-day in
the general merchandise markets. and merchants
are cheerful and hopeful and prospects for
good fall trade are certainly f1attering. Dry
goods meu speak of their trade as on the in
crease. Stocks are large, we'll selected, and
goods are offered at as low prices as on compet-
ing markets, and on some lines of goods prices
are lower than in other Western markets. East
ern papers report the dry goods trade running
ahead of last year. The Boston Journal says; Gan
appear to be satisfied, and look for increased
activity in September The auction sales of cot
ton checked trade a little, but aside from unset
thing values some kinds of eolored goods
which are not much called for, it has injuri-
GUS effect Prints, dress goods, staple sheetings
and shirtings, dress ginghams and fiannels are
called for in small assortments more freely than
before the sale, and there appears to
be no apprehension of any fur
Their disturbing elements. Agents are
we'll satisfied with the way the auction goods
were distributed, and the general opinion is that
the prices realized were high as could reason
ably be expected. Many of the goods offered
had been accommodating for some time and were
out of date. Such thorough cleaning up must
have a healthful effect all round. Mill mansG
pay, and stop producing more than enough to
supply the market. The estimate of losses on
the goods sold. published by some of cur papers,
is fatty contradicted by those who ought to
know, but they do not think 1t worth their time
TO raise an issue about it. Some of the coored
goods sold very low, it IS true, but for sew
era years previous these same goods were very
profitable, and the shrinkage on those goods can
easily be borne. The plain fabrics realized fair
off
made that there was little accumulation of
brown sheetlngs and shrtngs. Prints continue
quiet in first hands, but when any really attrac-
tive novelties are shown they find a ready SALE
Dress goods are moving fairly, and the produc
tIOn of the Pacific, Manchester, Arlington and
Hamilton WOODEN mills are well sold up. Plain
cashmeres are doing particularly well, and most
kinds of Atwood sackings and suiungs receive
considerable attention" Grocers report trade
fairly active and prices in the main steady, The
produce markets are moving along much in the
same rut as for some days past, with few
changes in prices. Eggs. butter and poultry are
in liberal supply, and while prices are not quot
ably lower they are weaker.
GRAIN.
There was no session OF the Board of Trade
consequently we are without local quotations.
The receipts of wheat at Western points are
getting more liberal although the prices are not
satisfactory. The depression seems more in the
nature of reaction, due to the imitation of sew
eral months past, for from all paris of the world
official and reliable reports placing the years
yield out OF the field of mere guess-work, and
putting the future of the crops upon more Sc
cure foundation. Wheat is still in heavy export
from British India, which is now the only quar-
ter from whence American trade in the staple
is threatened and the quantity alone is the
surest evidence that 1t must soon be
largely reduced. The growing crop of
India is passing through a most disastrous
drought AGvices to the New y Ork Produce Ex-
change state thai unless there is plentiful rain
in the provinces of Gurgaon, Rahtuk Sirsa, His.
sar and the Punjabt, that the prospect will be
darkly clOuded. This is having its effect in re-
ducing the exports.
But il is now certain that the yield in France
is largely decreased from former years. The
latest officia. estimate places the aggregate at
S5.000, 600 hectolitres, against an average since
1872 of 104, 100000 hectolitres. The quality is
generally stated somewhat better than last
year. This will place the wants of France at
about 90, 100000 bushels that she must buy
from abroad. BeerbOhm places the deficiency
at 50 600, 900 bushels. highlands crop is off by
about two bushels pei acre all acreage Of
2,7O0. 900, about II 900, 900 bushels, against
o., 10000 last year. These two sources will
give about the results as last year, and
would give greater were it not for the large re-
serves, which in France estimated at 25,-
100000, plus imports, and in Great Britain, in
GLIDING imports, farmers deliveries and re-
serves, 22l ,647 l68 bushels, which was the full
breadstuffs supply from Aug. 26, 1882, to Aug
8, 1888 against II "a 400, $40 the same time last
year, OF difference In round figures of $4,000