The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-09-16
MONEY AND STOCKS.
The Cooler weather Favorably Affecting
Trade.

Trade
INDIANAPOLIS Sept Is.
The week opens with more active trade, the
cooler weather coadacing to such result, yet
the volume of business thus far has dropped be-
hind that of September, 1883. What the last fif-
teen days of the month will do towards making
up the deficit is problem. In the local market
there were few changes in quotations and prices
on most lines of goods rele steady. The Indi-
annapolis Grocer ia its remarks on groceries, says
For sugars the local demand still continues very
large, and this being the case everywhere has
caused a temporary scarcity East Orders for
sugar that are accepted by refners to-day are
hlled in week or ten days. and this fact accounts
for the very hight stock on the street for the past
scnably prompt and of course waits from
day to day for the invoice, only TO find
out when it is too late that the sugar
has not been shipped. There is a pros
pect now Of prompter shipments, as the re-
iners are turning out more sugar than before.
In canned goods peaches have surprised nearly
everybody. With very light pack of standards
the price has declined about ten cents per dozen,
which has had the effect of making the buyers
here more cautious. How good frstclass stand
ard peaches can ever be jobbed for less than
81. 70 Is more than we can understand. Small
fruit still continues strong at the advance. To-
matoes. are weak, notwithstanding reports of
short crops everywhere Foreign fruit shows
no change from last week. except citron, which
is now strong at twenty two cents East. Brad
street says of the business situation: kilograms
from the leading trade centerS of the country
indicate that the hot weather which generally
prevailed during the first half of the week af-
fected unfavorably the tendency to an increased
distribution of goods. HspSte OF this, however,
IL n.
moderately increased movement. Reports-o of the
progress of mercantile collections are unfavor-
able at numerous points. Most of the New Eng
land cotton mills, save those at Lowell and
smaller ones here and there, which have shut
| down indefinitely, are nov running. In conse-
| quenee of the curtailment OF production prices
| are better maintained Leading New England
1 cotton manufacturers still continue good deal
| at sea regarding the near future Of business,
and predictions given out are quite contradictory
/ The Chicago correspondent of Bradstneets re-
ports that owing to the extremely low prices the
| effect of the big crop of wheat on the state of
! business at Chicago has not been so beneficial as
| expected. On the contrary the eeaaseet has been
rather dispiFiting The price of wheat has suf-
| fered further aecline, the September option at
| Chicago having touched Use during the week.
Foreign adyicss are still bearish as to wheat. A
| large portion of the corn crop is past injury
from frost The iron trade has developed no
improvement and the same conclusion applies
to the general industrial situation. There is a
slightly hrmer feeling in anthracite coal, owing
to the curtailing of production during the frst
week in September
GRAIN
The local market stands much in the position
Of Saturday as relates to prices. The Beard Of
Trade Price Current says of wheat; About the
same as Saturday in local circles 76 cents was
bid for No. bred, but only zsantea in small eaan-
titles Certainly opr rnarksts. Is veil Is others,
are IN very Unsatisfactory condision. Receipts
continue light nth 70 Improvement in grading
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