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

are not making much money. A Chicago paper
has made inquiry into The economic state of
the territory within 800 miles of that city, and
the result is more satisfactory than might have
been expected. The question whether the farm
ers OF the five States satisfied with the prices
winch they obtain for their products, receives
| lao answers, OF which 101 are negative. One
! half of the answers from Michigan, however,
| are affirmative. The question, what proper
| t1on OF their products is kept in hand by the
/ farmers. receives las answers-25 saying
small, AZ average, % large. This is very slgnln-
cant, and justiies the assumption that the farm
| ers must be richer than is believed If these
! farmers, very few of whom have had really
| brilliant harvest were in need of ready money,
! they would sell what they have for sale, But
mediocre harvest in 1888, and poor harvest in
| 1882, has not impoverished them; they will sell
| their stuff when the market suits them. This
| same conclusion is supported by 118 answers to
| the question whether farmers borrow above the
| average on the strength of their stocks; ga an
! swers are negative, ID affirmative, and Wiseon-
sin farmers in particular seem to be more pros
| porous than they ever were.
Manufacturing i'll the same States is reported
exceedingly brisk, bat 10 answers reporting
half time, while LOG answers report full time.
And the manufacturing IN the eJates named is
| very generally underfated. And of l. answers
to the question whether the factories do profit
able business, SO are affirmative. The future is
viewed in 80 answers as hopeful, in % as uncer-
tain, in II as unsatisfactory. Mercantile trade
answers. Farmers pay their bills rather
promptly, though some complaints arise
IN ieh ian1 than might have been thought
natural. The stores report very moderate stocks
on hand, and money is plenty, though not as
| cheap as farmers desire. This covers the dis
| trict which has suffered from frosts and other
accidents. The remainder of the country is rela-
| lively in better condition. Accordingly, there
| is very little occasion for discouragetpent. The
flour market shows some signs of Improvement.
The Boston Journal says: 1.-THE flour market has
| taken new departure this week. Some large
| lois of spring wheat patents, estimated at some
10000 barrels, have been taken speculation,
/ understood at about 81 per barrel and shade
over for some of the favorite brands. This move
nent is not based on any more favorable adj
| vices from Great Britain as the markets abroad
| continue very low and overstocAed with both
wheat and flour, but on the fact that prices are
| low and that it Will pay good profit to hold.
Outside of this, there is no Improvement to no.
| tiee. The trade are purchasing rather more
freely, but do not anticipate their wants for any
| length of time ahead. Western millers still find
| 1t difficult to purchase wheat at any point West
the current rates on the seaboard, and TO what
extent this will influence future receipts re-
mains to be SEEM"
GRAIN.
| The grain markets are stronger all along the
line; in fact, the bulls" are getting in their
work very successfully. The Board of Trade
Price Current says of wheat: 1.-THE feeling on
Change is still firm, and we note an active mill
Ing demand for choice grades No. 2 red 1ac
stronger, and offerings shade more liberal.
Seaboard has advanced quite sharply since yes
terday, New York showing 1880 stronger and
Baltimore 1ssc higher, but Chicago shows
marked decline of 7s01c. The visible supply
shows only small increase, which would iudi-
cate larger exports since the last report" We
! quote;