The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-02-06
INDIANAPOLIS JOURNAL, WEDNESDAY, FEBRUARY 1884

with the preceding one. Take domestic dry
goods both cotton and wooden; prices have been
reduced from time to time until large quantities
are being marketed on basis lower than was
thought possible during this century at all
events. AS unsatisfactory as this is to the man
ufacturers. it has given impetus to trade
which cannot have other than favorable result.
There is noticeable Improvement in the wool
market. The Boston Herald says better trade
is noted in the wool market. Outside of the
sales being larger than for several weeks past,
more inquiry has been noted, especially for
medium woods. 1t is claimed that manufacturers
have light stocks and are dependent upon the
market for supplies. 1t is suggested that while
some woods of "a medium grade may have been
sold at slightly lower figures, yet the frmer
tone to the market produced by the better
movement, has fully restored prices to their
former basis. Graded fine woods are steady and
firm, as they have been for three or four months.
and though no considerable advance is expected.
yet it is believed that such woods will all be
wanted at full prices. In wholesale groceries the
gains in business have been favorable to the
seller, though the changes have not been of
radical character. The firmness noted in coffee
for some time past continues, and higher prices
for roasted may be looked for at almost any
time. Sugars quiet and unchanged. Molasses
firm, and present prices for choice goods scarcely
cover lay down cost; it is now admitted that
there is a shortage of prime unfermentng goods,
hence prices are more likely to go up than down.
The drug market is more active; the special
feature, however, is the break in the quinine
combination. This combination was very dis
tasteful to great many heavy retail dealers,
and it was resolved by several of them to make
an attempt to break the combination. A few
days ago 30,0 900 ounces were placed on the mar
ket by London firm at a reduction of 30 cents
per ounce. The announcement of this heavy re
ducton was surprise to the combination and
it was followed by similar large reductions by
American druggists in New York and other
Eastern cities, which reduction is reported to
have broken the combination. The produce
markets are reasonably active, as expected
Eggs go off another cents per dozen, and lower
prices for poultry may be looked for, as there is
"A slackening demand. Fine cheese is firm with
an increasing business and higher prices are
predicted within the next few days Green APP
pies and potatoes in better demand, but prices
remain unchanged. The inquiry for seeds is in
creaslng The provision market presents no
new features worthy of special note.
GRAIN.
The grain markets are in better position than
last week. Dealers on Change hid with more
freedom and show more confidence in wheat and
oats. The Board of Trade Price Current says of
wheat: Home markets are srm and in better
position than yesterday Choice grades are in
good demand and scarce Millers are freer buy
ers and will pay full price for good article. They
report better feeling in Eastern markets, but
cable advices fail to show much improvement in
Europe in -four. Local arrivals are light and flu
lures are in some request, with but few sellers.
Seaboard at noon was 3-9c higher at New York,
Lee better at Baltimore and lie lower at Chi
cago." We quotes
No. Mediterranean, track ---...-.....-...$10 5
No. Mediterranean, track. 104
No. B Mediterr anean, track 1O2
No. 2 red track Observation-Disclosures. 101
February, track. OBSERVATION-DISCLOSURES 1O1
March. track 1O1
April, tfack Luz
Corn-Fairly active at quotations. with steady
prices. Arrivals only fair. Sellers are very few
and offerings generally bring full prices. Sea
board is steady at New York, 3-Sc lower at Balti-
more, 3-Sc off for March and lie lower for May
at Chicago. We quote:
No. 2 white track OBSERVATION-DISCLOSURES 9
No. 3 white, track. ~
elbow, track AZ
High mixed, track ~
Mixed, track 40
No. B. track. Observation-Disclosures. 46
Rejected, track 40
Sound ear, track 46le
Oats-Firmer and higher. Under light re-
cepts we note an excellent demand for all
grades cash delivery. We quote:
No. white track 3711
mixed, track % z
Light mixed, track 30
Rejected track 81
Rye-No. ., quiet; SIC bid; no sellers.
Bran-Strong and scarce; $15 bid f. o. b.. nc
sellers.
Hay-Prime timothy dull; SO bid none offered
GRAIN IN STORE.
Feb. 4, 1884