The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-06-05
COMMERCE..
Review OF the Local Grain, Produce, and
Provision Markets.

Provision Markets
INDIANAPOLIS, June 4.
TRADE is good" was the general remark on the
wholesale markets to lay, the cheerful sun and
summer-like air having an excellent effect on
business. No big trade is expected, however,
this month, and the future Of the markets will
depend much on the crops. Now, the outlook is
daily becoming more favorable. The statement
issued recently by the Northwestern Millers' AS
ISOLATION, eOnoeding falling off in the wheat
crop, as compared with last year, of 93,o00,000
bushels, was considered a very bulish point, as
the association is interested in making the best
of the crop situation. STILL. there is diversity
Of opinion regarding the outlook that makes
trading cautious and causes frequent realizing.
The export demand for wheat is small, and this
tends to encourage bearish views, and would
have still greater influence in the absence of the
very powerful force now at work to advance
prices 70 point that would make settlements
profitable to the clique. But the fact
is that there is inform alton available yet con-
corning the new crop, and buyers do not seem to
believe that very large deficit is anything like
certain at this time, hence their purchases are
made cautiously. The dry-goods marke the last
day or two has been quite active; prices are
steady and confident feeling prevails. The
grocery trade as well ls fairly active In most
lines of goods.
There is little doing in coffee except for actual
requirements, and buyers refuse 10 make offers.
Some anxiety on the part Of holders to get rid of
their stocks has been apparent, but no import
ant concessions are reported. Mild grades have
shown the greatest hrmness, but there is little
business doing. In mOlasses ana syrups the feel
ing is about steady, and quotations remain with
out important change Rice is quiet, but sup
plies are in hand and owners hold for previous
rates. A sseadier tone IN spices is developed,
and holders are becoming more confident Raw
sugars have become more active, and the tone
OF the market is reported quite firm, Refined
sugars are selling well at prices quoted. The
eastern market however, Is reported to be a
little of to-day.
GRAIN
The local grain market is tame; prices of lag
lie; bears ubilant over uIfavc-able reports from
other markets. The Board of Trade Price Cur
rent says OF wheat that the bull movement has
halted for awhile, and local markets show de-
cline of lse for No red. with sellers freeF than
usual for this grade. Arrivals are light. Sea-
board duh and lower all round, New York
shows decline of 7sc, Baltimore lac, and Chi
cago 1 lac from Saturday. We quote:
No. Mediterranean, track .-..,.S1.19
NO. Mediterranean track Lie
NO. Mediterranean, track .-.--......-... LIS
NO. red, track OBSERVATION-DISCLOSURES. 1.1419
No. red Track. ACKNOWLEDGEMENTS. 1.09
June track OBSERVATION-DISCLOSURES LA
July, tracK- LILO
COrn-A duller feeling and slightly lower
prices are the principal points about local
markets. The Indifference is possibly in SYM
pathy with the decline at the seabeard and Chi
oago Arrivals are light; fair demand and offer
ings, but no trading noted We quote:
NO. Wn1te, track % a
No. 3. white, track So q
Yellow, TT ack. 50 y
High mixed, track ACKNOWLEDGEMENTS. 81 q
Understandable, track.
SOUND ear, track.
June, observation-disclosures ---------o
ns u@1 Srac
august, 2