The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-09-19

port; "Marketinactive, the stock in hand being
OF old sorts and of undesirable quality. The
harvesting of the new proceeds under favorable
skies, but no liberal receipts can be looked for
before the latter part of this month" The pro-
dnce markets, as well, are active and
the demand for choice butter is good. Eggs are
hrm at Quotations, hut the future OF the market
is uncertain The warmer weather has stimu-
lated the demand for melons and cantelopes, hut
prices have not improved much Apples are
coming forward more freely and easier. The
wool market is somewhat improved in tone, al
though prices are not quo6abIy higher. Eastern
papers say that there continues to be good de-
mand from manufacturers, but at the same time
Uhere Is no great pressure to buy, and most hold
ers are Indifferent about selling unless full cur
rent rates are Obtained. The trade in fact, is in
a good healthy state, with no prospect OF any
tulhedlate change. The stock OF choice inc
neeces 1s small for the season. There Is also
very htUe available delaine or fine medium and
No combng on the market Supplies of the
latter continue to be taken as fast as offered, and
there is firm feeling for this description, but
tfere is good, steady demand for all kinds of
woo, II we except undesirable lots that are diff
ncul5 to sell even when the market is active and
excited For wooden goods the demand is rather
improving. but the improvement is not suf-
nclently marked to have any influence on the
demand Tor or the price OF raw material
GRAIN.
No improvement covers the situation of the
wheat markets. The milling qualities of the
grain coming into this point are miserable, and
since the opening of the new season the proper
ton of wheat below No. 2 to No 2 and above is
as three to one. During the week ended yester-
day sixty-three cars of wheat were inspected, of
which eleven only were No. and above, and
forty-one were understandable and o grade, or
exactly as follows: No. 1, four cars; No q seven
cars; No. 8, niue cars; rejected, twenty-eight
cars; understandable, thirteen cars; no grade,
two cars, If this proportion continues to hold,
even partially, the middle belt, besides having
81 per cent of crop, will only average from
about SO per cent. of decent milling wheat.
And still wheat continues to decline. without
any limit being percepnble The. export in
1872 was l2l ,626, 900 bushels, and in 1928
LAG, 723, 900 bushels. The export for the COM
Ing year can hardly pass that of 1882, unless
some untoward event, as European, war should
unsettle the whole basis of supply and demand.
The movement is so much less for the past eight
weeks than the same time year ago that it is
hardly possible for it to catch up unless stiuu-
lated by catastrophe. The export elearances
for the eight weeks Guiding Sept, ID, 1888, were
705,931 barrels of -four and II ,40S,71 bushels
OF wheat, against S37,13l barrels Of flour ana
27,475, 451 bushels of wheat for same period in
1882 or decrease of 131, 200 barrels of flour
and 6,067, 736 bushels of wheat
The visible supply of wheat continues to in
crease as the export dimlnishes, being on the.
18th inst. 23,514,992 bushels, against 21,404,
600 on the LIST, and 2 7S0, 6l2 on Sept. TO- 1882.
The above statements likely to wrench
bull fearfuy, but they tell only the stern logic
OF tacts-a story of their own not tempered
with the lights and shades of rhetorical embel-
lshment, nor, in fact, are they mere concentra-
ton of ingenious logic which has made such sad
havoc with the reputation for perfect honesty
that was once considered the exclusive property
of Arabic numerals, which have been made to
DO such various service for both bulls and bears
this season.
The Board of Trade Price Current says of
wheat that our home markets, while a shade
higher yet practically are unchanged, but
continue dull. Offerings fFeeP but no sales re-
ported dealers prefer TO wait for better
dition of things. The east is lower all round,
and feeling at seanoard is duh and weak
co.. cfn AyT pl-Q 40
No. Mediterranean, track ..--------..-.S1.o6
No. Mediterranean, track-----.--.-.-. LOS
No. Mediterranean, track. 1.04
No. red. track Observation-Disclosures, 100
No. red, track. Observation-Disclosures. 80
Mixed, track OBSERVATION-DISCLOSURES 70
UnmerGbautabl NEUTRALITY-SUSPICIOUS. 60
September, track. --------------..----.- LOO
Scuopct' L. o. 1'0V
November, lrack.--- 1'O1
COrn-Has weakened, as indicated by tone and
quotations. Buyers offering 12c generally
for all grades Offerings are scarce and arrivals
light. Futures are in request Markets at
other points are all lower and dull. We quote:
No. White, track OBSERVATION-DISCLOSURES. ASIA
no; Whlle, TRACK -----------.------------ - g
High mixed, track ACKNOWLEDGEMENTS. 49
Mixed, track ACKNOWLEDGEMENTS 48
No. 3, track At
Ke1ectea, tfack; 40
UnmerchaDta BILE. NEUTRALITY-SUSPICIOUS.. 43
Sound ear, track NEUTRALITY-SUSPICIOUS.. 46
Odts-In better request, and at shade higher
prices. Sellers scarce, with spot deliveries
readily bringing full quotations. Wequote:
No. white, track. ACKNOWLEDGEMENTS. %
Light mixed, track ......-........-........2 7l2
Mixed, track. 26l2
Rejected, track........--.-..-...-.-. 24l9
September, track. OBSERVATION-DISCLOSURES. 26te
Rye-No 2, steady SIC bid, no sellers.
Bran-Nothing doing.
Shlpstuff-N Nothing doing.
Hay-Prme timothy quiet; held at $1,000,
without buyers.
RECEIPTS BY RAIL PAST FoRTY-EIGHT HOURS.
WHEAT buSHs 4,0OO
Corn, pusu ACKNOWLEDGEMENTS o,ooO
Odts3 45oOO
GRAIN IN STORE.
Sept. II, 1888.
Wheat.I Corn oats Rye