The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-03-31
COMMERCE.
Review OF the Local Grain, Produce, and |
Provision Markets.


Provision Markets.
INDIANAPOLIS, March 80.
Lead-eolored skies and two or three stormy
days this week, have tended to make trade de-
eidedly tame. No one is Respondent, however,
and values are reasonably steady, and our job
bling houses are in excellent condition to utilize
every advantage for pushing trade when propi-
tious weather arrives. This market was never
circumstanced more favorably than now to the
buying interest OF Indiana and adjoining States
which purchase from the Indianapolis market.
Dry goods men report a far business, all things
considered Buyers seem to be assured that they
will have a good demand for cotton fabrics, and
are purchasing literally, but not with any specu-
lative Officer, and the demand is freely supplied
mt current prices. Wooden goods are not moving
much, except jeans and flannes, which are in fair
request There are some small lots OF wool COM
ing in, hut the market is still slow and prices
unchanged. The Western mills are buying,
usual. only what they require for current con-
sumption. The Eastern markets have been quiet
and the tone is somewhat easier there. There
is some canvassiDg of the prospect of the new
clip, and, as usual at this season of the year,
there are reports Of contracts at prices which
there is nothing in the present condition OF the
market to justify, and possibly they are only
made for effect.
Grocers report trade little active;
prices firm aud unchanged. Sugars reported
slightly hrmer to-day, but we make no change in
our quotations. In regard to coffee New York
paper says: "Of Brazil coffee the movement has
been moderate so far as reported, and the week
opens on a dun sort OF market. Among hold
ers there is continued expression OF steadl-
ness to De found In many cases, and some even
talk firm, but the strength is entirely in the
holding. A call for goods would probably COM
pei bids at extreme rates. but attempt to re-
alze could hardly fail to compel a modification
of the asking figures In options there
about an average movement, but with rather n
tame and unsettled tone and gain for buyers
with an apparent tendency to unload, especially
on the nearby months. At the close some eff
fort was made to strengthen up the position, but
without much success, and very little inclna-
tion to invest in coffee could be discovered" In
provisions there is a fair degree of activity, with
no change in prices in market for several
weeks. Dealers say that prices ought to be put
up
GRAIN
The local wheat market is in much the same
position as on Thursday. Bidding on Change
was rather tame, dealers not seeming anxious to
trade. Wheat rules steady at about yesterdays
prices, with fair demand both for spot and flu
lures. Offerings ony moderate, and arrivals
light. Seaboard, all along the line, is higher,
ranging from 4c to lie, with firmer feeling
Chicago, also, is from SEC to l9c stronger We
quote:
No. Mediterranean, track. .....-.$1.12
70 red Iflck -.-----------------.---'. 1US
NO. . red, track ACKNOWLEDGEMENTS. 90
hidrcn, tIuck.- luSi9
April, track. Observation-Disclosures. 10Sl2
May, track LOO
Corn-Ruling steady for immediate shipments
Off grades in excellent demand. Sales of re-
Jeeted were made at 4Siec track. More was of
erred at 49c, out only As 9c track was bid for it,
Markets elsewhere are stronger. We quote:
No. white, NEUTRALITY-SUSPICIOUS..
No. white, track ACKNOWLEDGEMENTS
Yellow, ttnCk
High mixed, track Observation-Disclosures SO
Mixed, track, 49la
Rejected track lo
Unmerchantahe, track. ACKNOWLEDGEMENTS 6l2
No grade, track ----...--. ....-..-.3
Sound ear, track .....-...-- ..-.....--.--...-.46
March, track Observation-Disclosures. 40
APili, tI"ch 40
may, TRACK -.----..--.--- .-~-.----.------
Oats-Firmer than yesterday and in slightly
better demand. No inquiries for futures. We
quote.
No white, track
Mixed, track ~ io
heJtcteu, trdck--. Al
Rye-No. 2 rye dull and nominal; 59c bid, no
sellers rejected held at 5Sc. no BUYERS.
Bran-Flrm; $l5.5O bid: none offered.
Shipstuff- Steady $40 so asked, Sl5. rs bid.
Hominy feed-Quiet: $16.5o; asked to arrive,
no buyers.
GRAIN IN STORE.
90