The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-05-15
TRADE AND COMMERCE..
Good Weather Gives a Better Tone to BUSH
ness Generally.

Good Weather Gives a Better Tone to BUSH
ness Generally.
INDIANAPOLIS. May a.
Business in the local commercial circles is
more active with the more respectable character
Of the weather The fact is that while trade
might be a good deal better it has frequently
been less, and little was said about it. In many
respects the country is in good condition and
there is no reason why trade should not improve
in the future if merchants will attend to their
legitimate business There is some complaint
of slow collections, and in nearly every
case it is found that the slow paying
merchant is dealing in margins or lending his
money to some friend so to do and sharing in the
profits and losses. In produce circles there is
little to note. Eggs are firm and butter is, UNI
less really choice, difficult to dispose of at the
recently reduced quotations. New cheese it is
expected, will be coming forward pretty freely
within the next few days. The demand for beans
and dried fruits continues light, and with hold
ers generally anxious to realize prices are easy
Grocers report the tone of the Rio coffee market
is rather stronger Buyers for the consuming
trade are picking up such lots as look like rea-
sonabe bargains, and a very fair demand from
roasters and grinders keeps trade moving stead
lily. At Rio the stock continues to be reduced
about 400 900 bags few weeks ago 1t is now
reported that the coffee syndicate is buying
heavily. The daily receipts are light, the aver
age being hardly more than 1000 bags. There
have also been large purchases for the United
States and Europe. In the market for tea there
is little change to note, except rather more ac-
tivity and consequent better feeling. The gro
cerymen are buying but little, and they repre-
ing sparingly. At auction there
have been large sales in New Nork,
The raw sugar market continues duh, and has
not gained the strength from the settling of the
tariff question which was anticipated. Refined
sugars are doing better, having gained about
1-4c in price from the lowest point reached,
with more active trade. 1t has been expected
that this would stimulate the market for raw,
but such has not yet been the case. The stocks
of rice are light here, and the same is reported
from the South. This renders the market firm,
but trade is slack In molasses, the settling of
the tariff question has caused a much better
trade. The grocerymen have also walked up to
the fact that molaSSes is very cheap, and they
have been buying. The importers note a call
for carload lots for the West. In spices, trade
is steady, prices unchanged Hog products con
tlnue to move out slowly. An increased demand is
looked for, however, as soon as the weather is
warmer, when cured meats to a considerable
extent take the place of fresh meats.
GRAIN
The local markets are in much the same posi-
ton as on Tuesday. The Board of Trade Price
Current says of wheat: The local markets show
slight weakening since yesterday, yet a fair
demand for small quantities to fill orders. Re
ceipts light. Markets at other points are all
lower; New York is 1 &c off, Baltimore 1c, and
Chicago is ? 7-sc lower than yesterday We
quote
No. Mediterranean. 10
No Mediterranean ACKNOWLEDGEMENTS. LOS
No 3 Red. Observation-Disclosures. 30
May. ....---....... 100
July. OBSERVATION-DISCLOSURES 90
Corn--Home markets are firm, with good de-
Local consumers find it difficult to get sufficient
for their use. New York is lac lower Balti-
more lie, and Chicago shares in the decline and
goes off 7-Sc from yesterday. We quote:
No 2 white
NO. s WHITE Oh
heIioW-
flgh mixed -5O
Mixed. -.
No D.
Unmerchantable - 81
Oats-Continue firm. with fair local demand,
but no quotable change in prices. We quote:
No 2 white -3712
Mixed. u
Rye-Steady; GO 4c bid, no sellers
Bran-Quiet; held to arrive at $l4 75 no buy
ers.
Hay-Prime Timothy, quiet; $1,000 bid; no
sellers.
GRAIN IN STORE.
May 10, 1884