The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-09-11

push is a safe one since it obviates over-trading
and the disasters of which inevitably follow in
the tram of a violation of conservative methods.
Inc country has been going through process OF
purgation during the last two years. made neces-
sary by the logical effects of Over-acuiOn, in
hation of credits aud fictitious prices. This
process has about run It's course. There has
been an immense amount of Indebtedness
lquldated, multitude of business men have
been forced 10 the wall, and prices for
the most part have been readjusted upon a safe
basis. 1t has been trying process. bat 1t was
necessary for restoration of industrial and
commercial health. We are not alone in this,
for the leading countries of Europe have suf-
fered quite as much as we have. AS a matter of
fact, we are in a better position than they are,
in that we have vastly greater recuperatlve IA
clities. Our crops are so bountiful that we
shall have not only an abundance of food and
ralment at low prices for our own people, but
surplus enough TO supply the deficiencies of our
less fortunate neighbors across the Atlantic.
we nave ample monetary facilities for moving
our crops to market, and we have a currency
practically equal TO gold, on which the com
MERGE of the world is conducted. With these
elements of wealth and facilities for business,
and with the reasonable assurance of a demand
for our surplus produce at remuneratlve prices,
we nave only To cease croaking and give close
attention to business, exercising ordinary pru-
dence ana sagaclty, to work out the problem OF
prosperity"
GRAIN
The wheat market is certainly stronger in tone,
and dealers are taking more interest in early de-
liveries, but touch futures with some caution.
Local markets show some Improvement from the
duh and weak feeling of Saturday. Buyers out
numbered sellers, and while offerings are scarce
yet demand for cash deliveries is very good.
seaboard at opening lost slightly the advance of
Saturday, and shows decline of le a SEC. Chi
cago is also lee lower. We quote:
No. Mediterranean, track .....S1.k2
NO. mediterranean, track. l.O7
No. Mediterranean, track. LOO
4Ou' tiaCh LA
Rel 5sG' tissiek s So
No grade, track. Observation-Disclosures. 40
September, track. Observation-Disclosures. 1.03
Gyooooci' IacA ---------------.----- Va
November, track. --.-----...--.-...--. LOG
Corn like wheat mas developed some strength
since Saturday Demand in excess of offerings,
Dut FUTURES are in no request. Receipts of corn
at Chicago are enOrmous-1 1872 cars since Sat
urday. Shipments also from the same point
have been very large. Markets at seaboard are
higher and hrmer. We quote:
No. white, track NEUTRALITY-SUSPICIOUS.. so
Yellow, track. 50
High mixed, TACK 90
No: D, track AZ
Rejected, track ACKNOWLEDGEMENTS. At
Unmerchan table. Observation-Disclosures. 43
0ouHu ear TRACK 40
Oats, like other cereals, is firm and stronger
for some grades. Good local demand. Arrivals
only fair. We quote:
No. white, track 2SL1
Light mixed. track. Observation-Disclosures. 27
Mixed track. 27
Rt Jected, track.-----.-.-.- $780, -.-....... "a
Rye-No steady, 53c bid, held at SOC.
Bran-Steady; S1l.5O bid; October bran, 81
bid, held at $1275.
GRAIN IN STORE.
Sept. 8. 1888.