The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-11-29
COMMERCE..
Review of the Local Grain, Produce, and
Provision Markets

Review OF the Local Grain, Produce, and
Provision Markets.
INDIANAPOLIS, Nov. 49,
As usual with the near approach of a holiday
the markets to-day were lifeless, and there was
hardly feature worthy of note. Greeers re-
port cOffees firm and the distribution fair The
New York Bulletin says: "The coffee specula-
ton during the past week was, in trade parlance,
somewhat 'shaky.' This appears to be due al
most entirely TO the gradually increasing stocks,
the visible supply Of Brazil for the United States
now amounting to some $4,000 bags. and still
growing, with no fairly com pen satng demand
and the trade about entering upon one of the
dullest months of the year. or the receipts at
this port since the Let inst. $4,000 bags came
from Europe. and corresponding quantity is
expected by the end of December, unless a very
decided shrinkage in valuation takes place. This
q very solid Endorsement of the suggestions
made in these columns a short time ago regard
ing the availability of the worlds supply through
the extensive existing facilities for moving it,
and the natural tendency of any commodity to
seek the highest marker. 1t is possible that
some Of the impOrtations from Europe may not
be satisfactory for contract deliveries, yet they
IN AXE weight satisfy great deal of the actual
eonsumpttve demand, and must have an influence
in the long rum" The sugar market is steady
Barkley Thomson & Co sayi Receipts TO date
1859 hogsheads. 72.62S barrels, against
20,692 hogsheads, al ,694 barrels. to same date
last year. fall in the temperature TO SO de-
grees has occurred hut this has not char ged the
standing cane, as q light frost always has a ben
efcial effect. There being only about two weeks
more of general grinding, the crop now be
fairly considered ont Of danger. We shall prob.
ably have a crop of 100000 hogsheads of sugar
$4,000 tons) and about 250, 900 barrels of mo-
lasses." Syrup is unchanged and steady. New
Orleans nOasses is firmer. Rice is a shade
higher. Teas, spices and other groceries firm
and unchanged. Dressed ponltry and game sold
WELL The market, however, was OverstOcked,
and low prices Will be the rule for the next few
days. The supply of potatoes and green apples,
the latter in particular, has been considerably in
excess Of the demand for some weeks past, and
sales are being made at a loss to the owner, The
crop Of apples turned out much larger than was
expected, and prices are lower now than they
we're early in the fall. Choice butter and fresh
eggs are 10 fair demand at prices quoted. Beans
continue dun, and, with liberal receipts and the
supply accommodating, prices are weak. The crop
of beans, like that of apples, also turned out
ion market the movement is little slow, but the
tone OF the market has stiffened up somewhat.
GRAIN.
There was decidedly better tone to the local
grain markets. On Change bidding was spirited
and better feeling generally noticeable. To-
morrow being Thanksgiving day, the Board of
Trade adjourned until Friday. The Price Cur
rent says of Wheat: "The sudden advance IN
his cereal is generally attributed to The Chicago
speculative tone, and the fact that it occurs so