The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-08-19

the population has grown only u per cent, so
that the consumption has advanced 81 per cent,
growth due to fall in price Of one third trom
81 to 81 cents pound Substantially then
where nine cents were spent on pound now
nine are spent on pound and q half and just as
much money is spent ON sugar as ever me
cheapness has simply stimulated the use OF
necessary article. In time this is the inevitable
effect of all low prices, and in the case OF sugar
the demand is expected in the coming year to
exhaust the oVersupply. The like Is true OF
other articles, whose low price starts the cry
that there is no money in meeting the demand
Ways " '0s IS sdssa0a The 0u new demand
is met sCoffees are unchanged. Dis
tribution slow. j. r. BHdd g. Co., in their
Price Current Of the 18th, say Of eggs. Receipts
through. They pay the same as last week; l2cts.,
loss of Butter--Receipts not 50 heavy paying
10 cents for fresh stock Poultry--Receipts are
very heavy and market not so firm East Prices
still lower The New York Price Current Of the
18th, says Of the condition of trade: Generally
speaking, trade is still characterized by quiet,
apathetic feeling, with a hopeful anticipation
that more active campaign will be inaugurated
as soon as the marketing of the crops has at
tracted into circulation the large OF Idle
capital now held by the banks. Although the
wheat crop has reached stage where the yield
is all but assured, much yet depends upon the
outturn of corn and cotton. large corn crop,
after two years Of comparative failure,
for after ALL it is corn, more than any
other product of the SOIL that is the most dir ect
money crop to the largest proportion of our ag-
ricultural interests. As soon as farmers can
realize upon their corn, they will be in position
TO pay up their old debts and make new pur-
ehases, and in this way money will begin to flow
through the various channels of trade, quicken
ing and enlargiBg the current from the country
! storekeeper TO the wholesale dealer and manu-
factafer Between now and the 10Th OF Sept6m-
Der the contingencies of weather are consequent
iy an important element in deciding the future
volume of home trade Hot dry weather is re-
quired to mature the full ripe of golden
harvest, while an absence of frost is equally inn
portant to assure what now promises so
favorable Awaiting these results there
fore the future, SO far as this important crop is
concerned must continue to some extent prebie-
NAUTICAL. Cotton is in much the same condition,
present prospects being all that could be desired,
but the crop being now in its most critical stage
much of the ultimate result of the yield depends
upon favorable weather during the next two
months. Increasing confidence continues to be
one Of the most encouraging features Of the
present outlook, but the growth is necessarily
slow because of the uncertainty as to where I'M
expected rottenness may next be disclosed 1t
is no wonder that banks and merchants are
cautious and conservative in the face OF such
fresh chapter of dishonesty and rogueRy as the
Wall-street Bank suspension and the Henry
Hall defaleatiou and disappearance have brought
to light this week.
GRAIN,
Tha market opens in much the same position.
so far as prices are concerned as on Saturday.
The Board Of Trade Price Current says of wheat
Local markets show fair inquiries, but prices re-
main in about the Same position as Saturday;
probably shade duller. Receipts fairly liberal,
and still continue to grade badly. Futures dull
and heavy. Seaboard at noon shows weak
market; Baltimore steady, and Chicago e of
from Saturday. We quote