The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-12-28
TRADE AND COMMERCE..
Tame Markets the Year Nears Its Close
What VIII the Future Be?


INDIANAPOLIS. Dec 81.
AS expected the last week in the year, mar
kets are tame. Purchases are light and only
sufficient to meet present demands unless there
are big bargains in any article offered Mer-
chants are taking a hopeful view of matters, and
incline to the belief that the business of 1855
will be a decided improvement over that of 1884
AS much as the dulIuess Of trade has been
harped upon the last few months, the volume OF
business done on Meridian street in the year
1884 will aggregate well with that of any former
year. Margins may have been more limited, yet
this is offset, in part, by the lesser amount of bad
debts The representative of Bradstreet in this
city states that in proportion to the number Of
inhabitants and the volume of business done at
Indianapolis, there has been less failure than. in
any city in the Union, land our merchants, he
added, 'have had the failure of two banks dur
ing the year to their disadvantage" He believes
Indianapolis will begin the year 1885 under much
more favorable auspices than it did the present
year. and doubtless this remark is equally true
of all important towns in the State. As regards
prices there were no changes of Importance to-
day. Neither eggs, poultry nor butter are in so
large demand as before Christmas, yet there is
no noticeable weakness in prices. Grocers report
sugars steady, coffees, except roasted. rather
offish A lighter demand for foreign fruits is
noticeable, but this is not unusual at this time Of
the year In hog products there is little doing
in wholesale way, but increased demand is
looked for after New Years, and. possibly, bet
ter prices receipts of hogs, however are still
large.
GRAIN
The local market is in much the same position
as on Friday. Wheat was a tri1e frmer on re-
ports from other markets. Futures receiving
some attention. The corn market is steady and
active with light arrivals Oats strong at quo
tations. The Board of Trade Price Current says
of the cereals; Wheat is frmer for all grades,
but very scarce, and market nominal in conse-
quence. Futures steady. Seaboard generally
higher We quote:
No. Mediterranean o. ACKNOWLEDGEMENTS, 76@
No Mediterranean o. ACKNOWLEDGEMENTS. 20
No red o. OBSERVATION-DISCLOSURES 15%
No. 3 red 0. IS
Rejected o. ACKNOWLEDGEMENTS. 30
December o. rs
Corn-Steady, with prices ruling at about yes
terdays quotations. Receipts very mcagra
Offerings light. Futures quiet. We quote;
No. . white new o. t....---.......----......-- 81
No. 3 white, o. ACKNOWLEDGEMENTS SO
Yellow, new O. SO
High mixed new o. 33ls
Mixed, 35lS
Rejected o. t-----..-----.----- ---.--.---- 81
Rejected II. NJ. new o. "a
Rejected No. white, o. t-.-------.-.----. 36l8
Sound ear, .. 35g
December, new O. 35%
January new o. t.----.-- 50
Oats-Very scarce, with excellent local de-
mand. Futures show some inquiries. We
quote:
No. white o. t.. ACKNOWLEDGEMENTS. %
Light mixed o. 21
Rejected o. t. %
December O. 26is
January o. 70
February o. OBSERVATION-DISCLOSURES 70
Rye-No 2 nominal
Bran-Quiet; held at $ll go
Hay-prime timothy. dull: held at RlO 80. no