The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-11-14
COMMERCE..
Review of the Local Grain, Produce, and
Provision Markets


Provision Markets
INDIANAPOLIS, Nov. IS.
Under the influence of a cooler air. trade is
rallylng somewhat. Yet the general fact re-
mains that business is more quiet locally, and,
IN fact. all over the country, than is usual at
this time of the year. The actual causes are
hard TO discover define, but the most prOba-
bic reason is that last consumers, the people,
are we'll supplied with all the necessities, most
OF the comforts and much of the Injuries of life.
The Middle States show a decrease of failures
for The week, and the number throughout the
country does not show that the Quietude of trade
has become unusually oppressive. Failures in
numbering in the Northwest are the most notice
able and singular from standpoint in this vi
entity, in which building is going forward
rapidly. They are traceahle, however, TO the
causes which led to the same results in other
lines OF business in the East-lack of sufficient
prudence In giving credit; The speculative mar
ing changes, have materially strengthened in
tone, and there are many branches of prOduc-
ton which allege without hesitation that they
cannot further decrease prices without doing
business at loss. The produce markets
1airiy active, and prices on eggs, poultry and
CHOICE butter range high and are apparently
nrnl at quotations. il the stock offered is really
cholce. Grocers are having O good trade this
week. The coffee market continues excited and
unsettled. 1t is worthy OF mention that in the
face of a strong bull movement prices have
varied but little for several days. For sugars
there ls fairly active demand, and while the
tone is offish, prices remain unchanged New
crop New Orleans molasses will be in good sup
ply before long. In hog products but little is
uolng, although 1t looks as II haru-pan prices
had been touched.
The local MARKET owing to light receipts, is
hrmeF than other markets, especially than the
Chicago markets. Bidding on Change was quite
animated for the three cereals. wheat, corn
and oats The Board of Trade Price Current
says of wheat: We notice no change in local
markets. The firm feeling still continues, and
all good quality finds ready purchasers at full
quotations. Seaboard shows up firm. Futures
are steady at New York. Baltimore la0 SIC
higher for cash, and Zee higher for futures Chi
eaSo, however, is lower, having declined from
7s01c. We quote:
No. 1 Mediterranean, track S1O9
No. 2 Mediterranean, track. --...-........ los
No 8 Mediterranean. ACKNOWLEDGEMENTS. LOB
No. red track. 1.O2
NO. 3 red, track NEUTRALITY-SUSPICIOUS.. 80
November, track. Observation-Disclosures. 1.OI
Corn-No weakening is visible, and all grades
are in excellent request at firm quotations.
NJ arkets are higher at Baltimore for cash. and
New YORK 1c lower. Chicago Is also Sac lower.
We quote;
Y Tsilev r4 6Fss1 track .::.:::: 5S
High mixed, track. Observation-Disclosures. so
Mixed. track ACKNOWLEDGEMENTS. 40
No. 3, crack. Observation-Disclosures. AZ
Rejected, track ACKNOWLEDGEMENTS. 47ls
U Amerchantable, track ...-.--..-.---...--. 40
oOunu ear, TRACK -----.----.- .---.--.-- q
Sound ear new, track .--..--..-.--. 30
December, track.---- Al
Oats are higher and active, all grades being In
good demand. We quote:
No.2 white, track ACKNOWLEDGEMENTS. 80
Light mixed, track. Observation-Disclosures 80
Mixed, track ACKNOWLEDGEMENTS. 29la
Rye-Nominal
Bran-Steady; $12.25 bid; held at $13.
'H'r' GRAIN IN STORE
.s toor tas.r Nov. 12, 1883.