The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-01-10
COMMERCE..



Improving.
INDIANAPOLIS Jan. O.
The cheerful sun and the more comfortable
temperature to-day had favorable influence on
trade. A larger number of country merchants
visited the city than in any day for some weeks
past Considerable activity was noticeable in
all departments. especially in the Wholesale gro
Gerry houses. The sugar market is more active,
Prices easy. Prices are now lower than at any
time for the past fifteen years for both raw and
refined. Very little has been done in molasses
the past week, and prices are almost entirely
nominal.
In the coffee trade there is little new to note.
The roasted coffee dealers, however, are bulls in
thelnarket. The visible supply of Rio contin-
ues unusually large, amounting to 1,l2IOOO
bags, distributed as follows:
Total stock in New York ... 472, SCI
Total stock in Baltimore. .....---..54,5 SIG
Total stock in Now Orleans lar
rived, ex. barque konigsbyrd,
5,OOO bags ACKNOWLEDGEMENTS 1880
Total stock in other ports al ,432-12S, 29S
Total stock in the United States. coo, $50
to Dec. 20. ............. $4,000
Dec. 20. ~ -. ~, .,', ~ 20, 500
Ahoat from Santos per steam and
sail to Dec. % --.--.-.-..-.... 81, 700-1S5, 200
Total ..................... 86,O59
Purchased but not cleared for
| United States July s..1 $4,000
| Purchases to Jan. 2...-.--..---. 1919 600
Total ........................ LEY 900
Clearances for the United States to
| Dee. 29....................... 1,O64OO
| The tea situation does not present any partc-
ularly new features. There continues to be a
fair trade movement. Buyers are not anticipat-
ing wants to any extent Tho annual state
ment which will soon be made up will, it is be-
lieved, show much smaller stock than last
| year. The receipts of perishable goods-such as
| green apples, potatoes, etc-have been light for
several days past, the extreme cold weather rem
| dering it hazardous to make shipments, but the
supply of the articles named is ample to meet
present requirements. An improved demand for
| dried fruits and beans, which have been exceed
ingly dull ali winter, is looked for shortly.
GRAIN
Dizziness is the characteristic of the wheat
market. For corn and oats there is good de-
mand; receipts of both light. Bidding on Change
lacks snap Transactions few. The Board of
Trade Price Current says of wheat ''in statu
quo" covers the situation. Meagre offerings with
fair demand for cash No. 2 red. With part of
our mills closed and the others running only half
capacity, the local demand has fallen off and is
very dull The reports from the Northwest
show immense stocks of grain on hand and the
great milling interests of Minneapolis and St
Paul are running only one-ifth capacity The
general opinion is that unless the enormous sup
ply in sight is materially decreased prices cannot
advance, but may at any time reach lower
level Seaboard is slightly better, and New
York has advanced 1-4c; Baltimore is steady for
cash and lie higher for March, and Chicago
shows 5-8c stronger than yesterday We quote:
81
No. Mediterranean, track Oh
No. Mediterranean, track. 1.02
No. 2 red track. Observation-Disclosures LOO
No. 3 red track Observation-Disclosures. 80
MIXED track ACKNOWLEDGEMENTS %
heJected, track OBSERVATION-DISCLOSURES 70
Corn-Continues firm, and cash deliveries will
find ready buyers at full quotations Arrivals
are light and generally failing to grade. Local
demand is good. Markets atother points are gen
orally better, New York l-8e higher, Baltimore
LIE lower for February and Chicago l4c higher
for February, but l4c lower for May. We
quote;
No. white track At
No. 3 white track. At
Yellow, track NEUTRALITY-SUSPICIOUS.. so
High mixed track Observation-Disclosures. 40
Mixed track OBSERVATION-DISCLOSURES 4S
No. 3 track. observation-disclosures 40
REJECTED, track Al
Unmerchsntabe, track. Observation-Disclosures. AZ
SOUND ear, TRACK as
Oats-Firm; Scarce and high. We quote
No. 2 white track .......... -..-3 Sc
Light mixed, track 33
Mixed, track OBSERVATION-DISCLOSURES. 33
Rejected, track. OBSERVATION-DISCLOSURES. 80
January, track 321o
Rye-No. 2, firm; soc bid; none offered.
Bran-Higher; $3.50 bid; held at $l450.
GRAIN IN STORE.
Jan 8, 1884