The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-11-27
THE COMMERCIAL RECORD.
COMMERCE.
Review of the Local Grain, Produce, snd
Provision Markets

Provision Markets
INDIANAPOLIS, Nov. 90.
The markets are steady, All departments
opened up tamely and continued so through the
day Tne clearing up of the weather is looked
upon as favorable omen, and a better trade is
looked for as the week advances. Prices in
most lines of goods rule steady, and with the in
dications of cooler weather poultry is tirmer but
not quorabfy higher. Eggs and choice butter
are in demand at quotations. The United States
Shipping List of the oath says of trade: "The
tendency everywhere is toward a contraction
rather than an expansion of business as the
close OF the year approaches. But the volume
of trade is probably larger than it would appear
to many for the reason that it requires less
money to buy an equal amount of goods of near
ly every kind than it did year ago. Indeed the
shrinkage in prices through accumulated stocks
and intense competition, have been carried SO
far that profits have become very Slender, where
they have not disappeared altogether Hence
tendency toward further curtalment of pro-
duction in many lines, notably iron anGSsteel
and many of their products, wooden, worst'ed.
cotton and rubber goods. This curtament WILL
it is believed, place trade and industry on bet
ter basis, though for the time being it necessa-
a. ., 100 1~"'"s of which labor
Will have to bear its share But while trade is III
the main unsatisfactory, far-sighted manufac-
hopeful view of the future, for the principal
reason that the actual consumption is 20 much
larger than it ever was before that it must soon
overtake the reduced production. Besides, the
country was never before so rich in money and
resources. Meanwhile, the transportation lines
have employment for all their facilities, the
crops moving freely, while the receipts of
cotton at the ports have of late been unprece-
IDENTITY large in response to n good export de-
mand We have recently been sending more
cotton to the continent than to Great Britain,
but it counts as much in the balance of trade
hn NNnCf olrn
making goou progress, though the mild
weather of the present week has been rather
against them, Prices of bacon ana lard
much lower than last year, hut there is good
demand fsn ts.a.oi and they are taken for export
and home consumption as fast as they are ready,
so that the money Invested meets with QUICK
return Breadstuffs are among the least active
OF the export staples, but better market Is
looked for as the harvest year progresses and
the supply and demand come closer together.
GRAIN.
Not for morens has the local wheat market
been nore hfeless and nndiscernable as to
the future of the market than at the present
time. If anybody wants wheat they are not
inclined to say so. The Board of Trade Price Cur
rent says of wheat: From local standpoint we
fail to note any special impro vement in the
market. Prices continue steady, but tone is
weak and arrivals light. A1illers are free buy
ers for choice quality. Markets at seabOard
show general decline from d to aac, while Chi
cago is l4c hi CHER than Saturdays quotations
WEI quote:
No. Q Mediterranean, track. .............-$ 1.07
No red, track ACKNOWLEDGEMENTS. 1.Ol q
No. red, TRACK. .....-.-..-.--.....--- "a
Mixed track OBSERVATION-DISCLOSURES. 90
November track. ACKNOWLEDGEMENTS. 1.01
CDrn-There is no weakening in this cereal for
my grade The greatest trouble seems to be TO
obtain Sufficient quantity for all demands Local
inquiry Is active IA well as shipping request, and
sellers have no difficulty in obtaining fun quo