The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-05-13
TRADE AND CONTNrERcE.
An Active Weeks Business i'm Prospect-The
Situation Generally Improving.

Situation Generally Improving.
INDIANAPOLIS, May II
Business opened up quite actively to-day. In
nearly all departments there was goodly mum
Der of buyers, and order trade was quite salts
factory,
The fact that the tariff question has been dis
posed Of 50 far as the present Congress is con
cerned, has produced more cheerful feeling in
manufacturing circles, and an improvement in
general business within the next week or two
is not improbable The weather continues all
that could be desired for the CROPS and the indi-
cations now Promise an abunaantharvest Eggs
are hrmer, and l cent per dozen advance was
established. Butter continues to come forward
freely, and, with the supply increasing, buyers
holding back and holders anxious to seii the
market Is dull and prices weak. The demand
for all kinds of green stuff sincreasng but with
free arrivals prices are weak besides this kind
OF stuff cannot be held over from one day to an
other. The sugar market is reported 6rmer
East, where an effort, which it is probable will
be successful is being made to eTrtail prodnc
ton, and this has checked the downward turn
Now that the small fruit season is close at hand
largely increased demand is looked for soon.
Coffee continues quiet and unchanged. Corn
syFups are considerably frmeP, having gone up
!, to IL, cent in first hands, and
sTn is RE0AsRs that N sugar 1 sgrHps sS M
ping List of May 10 in speaking of trade last week
says An encouraging feature of the past
week has been marked falling off in the exports
OF gold, and the money market has exhibited y
hardening tendency but the export movement of
domestic produce shows no Improvement and
the question of relief from that quarter still re-
mains the unsolved problem of speculative ma
nipulation. Those who are carrying American
wheat on the other side and the holders of sur
plus stocks at home would seem to be in the po-
sltion Of Mr.. Mieawber, waiting for something
to turn up but what that something may be no
one appears to have a definite idea. The specu-
lative condition of the market is such that prices
are constantly maintained above the parity of
are abundant, foreign buyers are merely passive
observers of the progress of events
here, especially as the harvesting of new crop
will soon commence, and farmers will, ere long,
be seeking market fof their supplies in some
direction. The volume of home trade continues
moderate with the movement sluggish, and al
though prices are pnprecedentedly low, consum-
ers stl refuse to buy beyond their actual necessi-
ties tits true that the aboring classes never lived
more eheaply than at the present time, not only
because OF cheap food, but furthermore because
the purchasing power of a dollar has steadily in
creased within The past year, while, with unim-
portant exceptions, labor has found steady as
well as remunerative employment; but through
all the various qualifications Of trade and in
dustry, from supplying the hausehsld upward,
there seems to be an increased disposition to
practice rigid economy; in ether words, a de-
termination to use up and get rid Of the old stock
before purchasing new
GRAIN.
The local market was in much the same posi-
ton on Saturday, unless it be the wheat mar
ket which was little ofish. The Board of
Trade Price Current says of wheat: Local mar
kets exhibit dullRess that seems to be in keep
ing with the lower tone at some of the seaboard