The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-04-18

OF the market. The Eastern markets are quiet,
but there is no pressure to sell, and stocks be-
ing moderate, fair degree of firmness prevails.
There is some inquiry regarding the price at
which the new clip will be likely to open, but
nothing has JraDspired to indicate anything
definite; dealers here are not disposed TO con
tract ahead, preferring to await developments
and take their chances of buying when
prices become established. Prices OF the
old clip unchanged. The grOcers are
having fine trade; for sugar there has been
fair demand, and, as refiners have again
reduced their production, and are now running
gu per cent. OF their capacity, the market mas
assumed stronger tone. New Orleans sugar
is in good demand, and, supplies In first hands
being exhausted, the market is stronger. COT
fee continues in strong position at the re-
Gently advanced prices The demand for dried
fruit is light. The molasses and syrup markets
are easy at unchanged prices. There is not
much animation in the leather trade; prices
steady. Receipts of hides are light; good de-
lnand for prime stock. While the supply of eggs
to-day was not large, 1t was fully equal to the
demand. Butter continues dull and weak; re-
celpts liberal; demand light; buyers holding
BACK; holders anxious to realize. Glover seed Is
still on the upward movement he warmer
weather has stimulated the demand for oranges
and bananas. The hog products continue mod
erately sactVe, ana with the advent OF warmer
weather a largely increased consumption will
follow.
GRAIN.
The grain markets are in q stronger position
to-day, yet dealers show a timidity in taking
hold. Transactions are few, and on Change bids
are made with caution. The Board of Trade
Price Current says: Wheat is steady and firm,
with an advance of 1c over yesterday afternoon.
Apparently halt has been called in the down
grade at Chicago, for the time being, at least.
Some credence seems to be given to the report
of injury to winter wheat in some parts of the
country, and while the stocks in sight remain
large and diminish slowly, it may be that prices
are reasonably low at the late decline. Locally,
there is good demand for a few cars Of track
wheat at bids, which price is relatively higher
than any Eastern market. Farmers are busy
blowing for corn, and apparently don't care
whether the bears or bulls are on top just now
We quote:
NO z Mediterranean, track ID
no z req, Urack l,OS .
NO. 8 red, track .I04
Mixed, track. NEUTRALITY-SUSPICIOUS. 1.04
April, track LOS
CoTn-Is ruling steady, but has not shown the
same strength wheat on the leading markets.
In view OF the large stock in Chicago, apparent
ly 1t would be lower but for the strong feeling
Ill wheat, with which 1t sympathizes. A feeling
of dlstrust to condition gives a bearish cast
TO near futures: at the same time the later fu-
lures, such as July and August, are very gener-
ally in favor. Locally, our market is firm, and a
good demand for spot stuff is noticed but with
an entire absence OF speculative feeling. Sales
of unmerchantable made at 47l9c +. o. b. We
quote:
W. "hite, track
No. white, track. ...-.---........---.--..52
Yellow, track ACKNOWLEDGEMENTS
High mixed, track. 52ls
Mixed, track OBSERVATION-DISCLOSURES.
Rejected, track .49l9
Unmerchantable,f, o. b----......-...--.....471 %
Sound ear, white, f. oh ACKNOWLEDGEMENTS
Oats-Local markets are stronger, and good
demand exists for home consumption No in
quiries for futures. All grades scarce. We
quote:
No. white, track. ACKNOWLEDGEMENT
Mixed, track OBSERVATION-DISCLOSURES.
Rejected, track ACKNOWLEDGEMENTS
Rye-No 2 duh, nominal; nothing doing Re-
jected held at $780, 10 buyers.
Bran-MOre active and scarce; sales were
made on call at $3.50.
Shipstuff-Steady and quiet; SIG asked, $14
bid.
Middlings-Quiet, held at SIG; no buyers.
Hominy feed-Dull 81 4 bid, none offered.
Hay-Prime tomothy, dun and lower; SO bid;