The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-02-13

lgence. The transactions at the clearing houses
of the leading cities of the United States showed
a decline, whichis the best evidence of inactivity
from some cause. The decrease in failures the
last week is looked upon as a favorable omen
and there are other favorable features to eoun-
terbalance the feeling of dependency over the
troubles arising from the flooded districts The
general drift of values on grain and provisions
is toward higher level. The rise in hog prod
ucts has been influenced by the fact that the
receipts of hogs and packing operations since
the lst of November have shown a marked fall
ing off in comparison with the same time in
1923, instead of the increase of to 10 per cent
generally anticipated at the outset of the season.
The packing of the West for the three months
ended Jan. 81 showed decrease of $50, 900 head
of hogs and this deficiency was greater on
account of the inferior quality and lighter weight
of the hogs, which for the season to that date
showed an average decline of nearly eight
pounds in gross weight. As a result of this I'M
favorable statistical exhibit there has been a
scramble to cover on the part of the wind sellers
and marked increase IN speculative ventures IN
the leading markets, Chicago packers figuring
prominently among the operators for higher
prices. The rise, however, has crippled business
Tor export The grocerS feel the dizziness
in trade the most severely. Muddy country
roads affect their trade. Prices in most lines
of goods are steady. Coffees in Eastern markets
show more strength but quotations are I'M
changed. The produce market is dull Budd q
Co, in their Produce Price Current. state that
1.-THE receipts of eggs are increasing very much,
every express bringing IN some few cases. which
shows that it will not be long until we will be
getting good many eggs We are paying now
% cents but can't say how long they will keep
up to that price, the markets. very weak at that.
The only advice we can give you, is to get your
prices down just as soon as you can, and send
your eggs forward as soon after getting them as
possible The receipts of butter about equal
to the demand. at the present price. Good,
sweet roll, of good color nicely packed, will com
mand the highest price. When mixed lots of
white spongy stuff, mixed through, have to be
handled over and sorted out, this, of course, de-
| creases the value Take good care and put
your butter up in neat, snug packages. The
poultry market is about the same as last week,
and all kinds of poultry in good demand at
former prices, especially hen turkeys, which are
particularly desired at this time of the year. while
old toms are not wanted
GRAIN.
"a strong market" covers the local situation Of
the grain markets Dealers show more interest
in these cereals than at any time for some
months past. The Board of Trade Price Current
says of wheat Home markets are all strong,
and all offerings will readily bring full quota
| tons. $lO4 track was bid for No. red, cash
delivery butno sellers at that price, arrivals light
and choice grades very light.
Futures in active demand at higher prices, but
no sellers. Markets undoubtedly frmer all along
the line. New York 3-4c higher; Baltimore lie,
and Chicago shows a steady market. We quote:
| No Mediterranean. track. 81 0S
| No Mediterranean, track Observation-Disclosures. LOG
| No Mediterranean, track. LOS
! No. Red, track. ACKNOWLEDGEMENTS. 10414
| No 3 Red, track. ACKNOWLEDGEMENTS. 81
| February, track 1.O1
March, track. OBSERVATION-DISCLOSURES. LOS
April track. OBSERVATION-DISCLOSURES. 1.06
| Corn-Higher. Under exceedingly light arri-
walls all grades are much stronger and higher or
! der demand is good, and buyers find difficulty in
obtaining sufficient to fill orders. Inquiries CON
| fined to cash shipments and offerings are very
scarce. We quote;
| No White, track so
No. . Whlte, track -.----..-----.---..---.- %
Yellow, track So
I1igh mixed, track 90
Mixed, track. 40
No. 3, track. ACKNOWLEDGEMENTS AZ
| Oats-Very firm and scarce for immediate
! shipments No receipts We quote:
Mixed, track. Ssh
| Rye-No. 2, quiet; SIC bid. no sellers.
| Bran-Scarce and strong; $l6 90 bid, no sellers.
! Hay-Prime timothy, dull; SO bid, no sellers
| GRAIN IN STORE
| Feb, II 1894