The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-09-18


ufacturers or the railroads to the men who make
the iron, the steel the glass, the brick, the lum
Der. which are consumed in construction So,
while the business prospect is encouraging, the
business actuality of the present is dull The
dry goods market is now attracting some
attention Quinine is the most interesting ar
ticle in the drug market One of the American
makers reduced prices and the market IS very
weak, outside holders offering stock freely.
The demand is rather quiet as buyers are wait
ing for developments Morphine is also easier,
the prices of one r. q s. brand having been re-
duced and others tending in the same direction
Opium is quiet and unchanged. Borax IS quiet,
bus prices are hfmer owing to lighter stocks.
Castor oil continues fairly active, Quicksilver
is little easier. The demand for gum arabic
has improved and prices are steady Gum
tragacanth is very firm and in good demand
Gum eaInphor is easy. Shellac is little
weaker, especially on the better grades, owing
to an easier market in Calcutta. In essential
oils, cassia and anise are excited and higher,
owing to the war in China Oil wintergreen is
also little higher Peppermint is quiet and
rather easy. Pennyroyal is also easy and cubeb
has declined in sympathy with the berries. Pro
duce men report that the cooler weather has i'm
proved the demand somewhat for both butter
and eggs. and while we make no change in our
quotations the tone Of the market is frmer.
Irish potatoes continue slow, with supply
somewhat in excess of present wants Green
apples very dull, but there will be better de-
mand at the close of the fruit
season, now near at hand Grocers say
there is better feeling in the sugar trade, with
a more active demand and prices a shade higher.
Prices have continued on low basis for a long
time and although we do not look for much
change at present, it appears to US that the turn
ing point has been touched. Low prices, how
ever, have continued for so long time the up
ward movement will be slow and gradual, es-
socially while the beet-root production promises
such favorable results Eastern papers say that
there has been a good demand for teas, and the
market is in very strong position. Formosas
and Japans attract special attention, but holders
are not Offering to any great extent, and sales
are kept within moderate limits. Very little
speculation has been INDUCED in, but sales are
beginning to be reported Change in New
York, and an active speculative movement is
among the probabilities for the tall trade
GRAIN.
There is deeidly better tone to the local
market. The Board of Trade Price Current
says of wheat; Locally we note shade better
feeling for cash No. red, which, under light ar
rivals and unfavorable grading, has toned up
slightly Futures dull The increase in the
visible supply is very large, amounting to 1,599,
S27 bushels We quote:
No. 2 Mediterranean. .......................-.. 70
NO Mediterranean ACKNOWLEDGEMENTS ~
NO. red -t..------.--t-4---t---- I0t2
~
90
OnnlercnanuaDle "
No grade. 34l9
September. INSTRUMENTATION. 70
Corn--While No, white is shade firmer,
yet the local market is generally 'slumpy, very
little desire either to sell or buy. We note
little stir in new November, sellers asking 42c.
Visible supply has increased 629, 1913 bushels
since last report We quotes
No. 2white ACKNOWLEDGEMENTS. 80
no. 8 white .-s--.-:-.--. .53ls
1elioSV- =
tt1fgn mixed ..-.---..---.O1A q
Mixed. 80
NO &c., .---...---4-l--.-.-+49
High mixed sound ACKNOWLEDGEMENTS, 81
Oats Steady with few local buyers and very
little speculative feeling Receipts fair. We
quote
80. 2 white. xS4
Rye-No quiet SOC bid; no sellers.
Bran-Firm $1l so bid; none offered,
Hay-Prime timothy weak; held at 81, with
out buyers
Sent 16 1874.