The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-05-17

bet at the South, as we'll as along the Atlantic
seaboard, the current is still sluggish. A gen
tlemau OF large experience and keen observation
who lately returned from an extended Western
tour attributes the dullness Of the distributive
trade IN many localities at the West to the fact
that thesfarmcrs are poor, in consequence Of the
comparatively small Yield of the corn
crop last year. The corn crop may be termed
the farmers pin-noney. and his expenditure
at the country store is guessed in a great meas
ure by the yield Of this crop, consequently, in
agricultural localities, the partial failure Of the
corn crop means a great deal. This, of course.
does not account for the small and careful buy
ing of country traders in every locality, and the
general dullness that has been an essential
feature of the business situation for many
months, but it no doubt explains at least one
cause of economy. A little more activity is
noticeable in the local dry goods market.
Hardware men are having a fine trade. Grocers
are doing a fair business. There has been but
little change IN the position of the sugar market
for two or three days; the feeling has weakened
slightly as compared with the close of Last week.
when it looked as if n boom had been started up,
but prices are steady as quoted with a fair
business. Some we'll informed operators are in
clined to the belief that sugars will not be much.
if any, lower this year. and that there is not
much risk in stocking up at present prices.
Coffee IS fairly active here for roasted, and the
eastern reports indicate a trmer feeling
there. Canned goods prices are weak,
but unchanged. Corn syrups firm, and the
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Choice open kettle mOlaSseS IN small supply and
held firmly. Fish less active. The produce men
speak Of trade as slow. Demand for almost all
articles in this line is restricted to supplying inn
mediate wants; hence. while there is a fair bust
ness III the aggregate the sites are chiefly small.
The arrivals Of eggs, while not large, are sufi
Gent to meet the demand, and while the market
is reported steady, prices have not varied much
since the close of last week. New Ohio cheese
continues to come forward freely, and, as will
be seen, We have reduced our quotations again.
The cooler weather has increased the demand
somewhat for butter, but with a large and in
c~reasing production the market is still in favor
OF the buyer. Green stuff coming forward more
freely, and prices are gradually dropping. Live
chickens, owing to a scant supply, are higher.
The season for clover and timothy seed is about
over, and we drop quotations. The demand for
the hog product continues slow, but dealers look
for an early Improvement in the demand.
GRAIN.
Little change covers the local market. The
Board of Trade Price Current says of wheat
No special quotable change, but the weak, dull
feeling still continues, and buyers are only in
the market to supply order demands. Receipts
veryHght, and sellers very few. Futures in very
feeble request without offerings. New York is
12c lower, Baltimore 5-Sc lower, and Chicago 1c
off from r-ae+orJo- W. ,,,o+o.