The Indianapolis journal., 1884-08-20

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et5nomy is observed everywhere and
among all classes of people. Tfereis no general
increase in commercial activity, yet there has
been improved demand and an increased volume
of business among the jobbefs in domestic goods
in New York. This improvement is said to
come from the Northwest where the ful1hess Of
crops and disposition of many producers Of
cereals to accept current rates hasled to better
feeling AS against this there are rumers that
the farmers are not generally willing to put their
crops on the market at prices which can now be
obtained for them. Large amounts of gold are
being shipped hither from Europe; the failure Of
bank oecasioned no panic, scarcely financial
ripple; the banks Of New York are stronger in
reserves than ever before III their history there
has been gradual accfetfon to the gold reserves
ia the national treasury there is no pressure on
the banks for money from any source; tidihgs
from the crops continue to show unusual
aowing with all material BLESSINGS; S,1e
cost Of living is graS.sally growing less there
has been large increase In the movement Of
corn from country points to Chicago and otfer
Western centefs, and the change from cool and
wet to hot and dry weather. has had a be.dehcial
effect on the growing crops; the people are well
housed, well clothed, well fed; abb '1ndance every
where for everybody 1t IS 1snls, i ssuestieh
where and how distfibutio- -rSsiil begin. Locally
there Is slight in1prov cneft in trade from week
to week. There is an improved feeling in the
dry goods Hlarket and a better movement In fall
and winter fa ,ffcs as result of low prices and
a apromlsin autumn outlook. The stoppage of
mills 1r4 New England and other parts of The
cou.dfry has made marked progress during the
week. many thousands Of spihdles being now
shut down for q time. This action win not only
tend to relieve the market from the evils of over
production but contribute TO the restoration of
confidence in values, which are at present far too
low to yield q profit to manufacturers. The
wool market is still depressed. The Boston
Journal of the 10th, says: The transactions IN
e1n aS.cid fa1lfnr nH a
large sales of last week, but there is a better
feeling and choice lines of Michigan and Ohio
cannot be bought except at some advance, There
has been good demand and quite anumber OF
manufacturers have been in market, but were
rather disappointed because purchases could not
be made at the low prices current two or three
weeks ago. Michigan and Ohio feeces may be
considered from to j cent per pound higher
than last week, al though the transactions ct the
advance have not been to any extent. 1t is
evident that prices of wool are on the turHing
point, but we do not look for any material ad
vance until business generally takes a decided
turn for the better Coffees are a little irmer;
distribution fair Receipts of eggs iberali prices
weak. The same remark will apply to poultry.
Choice butter continues to meet with ready sale
at full prices but poor stock is as dull as ever
Cheese Fairly active and steady at the recent ad-
vance. Potatoes-The arrivals have fallen on
somewhat within the pastfew days, and rather
better feeling has been developed, although as
yet prices have net improved. All kinds Of
fruits and vegetables in liberal supply. There is
better demand for hog products prices hrfner
GRAIN
A little more life IL noticeable in che local.
market. .fhe Board of Trade Price CuYret says
Of wheat: We note fair demand for cash No.
2fed, ,Fbut this article seems to be scarce, judg
ing from the absence Of offerings. Wagon de-
iiverfes form quite an important feature in the
local wheat business this year, and the quality.
thus received is &nuch better, as a rule than
railroad receipts. Futures are reatherssteady,
with fair demand but no offerings. New York,
at noon, was steady, Baltimoressc higher, and
Chicago Sc stronger than yesterday. Weauote:
DO. 2 Mediterranean. go
No.2 red
Ne. -71 1o
Reaected -.---+ -----6Q
Unmerchantable -e.-,--. so
August
October--.-
Corn Shows more activity in local cireles
than for some time past Cash offerings are in
good demand. Arrivals light Sales Of sound
ear were made On call at prices ranging from
523c to 54c. Futures remain dlll and friendless
New York, at noon, was 4c higher. Baltimore
neglected, while Chicago shows an edFance of lc
from yesterday. We quote:
No white SO
Yellow "a
High mixed. d....-...........-- SO
Mixed 50
Mixed No. 6O12
Rejected p9lo
oounu ear a.
Oats-Quite active at quotations, with more
liberal arrivals. Sales Of ten cars September de-
livery made on cab At 24ze. We9quofe:
No. p white. 27
Light mixed. d..-,-...,-..-. 25
aa9ea s412
y llts -.es-s-.s- i2
August ..-...-,,.... 244
September, .,-....,.-.......- 24s4=
Rye No 2quiet
Bran Firm; $ll bidf 0. b.; held at $lI.s0
Hay-Prime timothy dull; held at $l2 no
buyers.
GRAaN1s sToRE
Aug. lS, 1884