The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-01-19

are for small neutrality-suspicious. largely of
retail dealers and jobbers Production of lead
ing manufactures continue to be restricted and
consumption is reducing surplus stocks
The proraeted shrinkage of prices
has produced many hardships, but the worst is
over and the outlook is more promising than
it has been in two years at least. The improve
ment, however, will be so slow that it will hard
ly be appreciate until the advent of spring.
Grocers report sugars firm East and l-Sc higher,
caused mainly by reduced production, num-
Der of the largest refneries having shut down to
take stock and make repairs; our quotations
scarcely cover lay-down cost Coffee firm but
unchanged. Roasted is still lower relatively
than the green bean Private and reliable ad-
vices from New Orleans report great scarcity
of choice unfermentlng molasses and quote an
advance of &c to sc " gallon within the past two
weeks. There is but little doingin canned goods
and in the main prices are weak. Fish remain I'M
changed with a very light demand The supply
and the receipts of eggs, as well, are light; prices
strong. Poultry in good demand at quotations
The receipts of potatoes have fallen off mate
rally within the past week or two, or since the
advent of extreme cold weather, but the supply
is still fully equal to present wants.
GRAIN.
Dizziness still broods over the local market
The position of both the wheat and corn markets
is so undiscernible that dealers show but little
disposition to trade The Board of Trade Price
Current says of wheat: Local markets remain
in about the same position as yesterday, yet
very little of activity is noticed either for cash
or futures. Forward deliveries are touched eau
tiously, and little or no confidence is shown in
higher prices in the near future The stock of
grain at seaboard is said to be of very inferior
quality, and the vexed question yet unsettled by
the Eastern dealers is, ''What shall we do with
tT The export demand is slow, and Europe
hoe e
hand sufficient to supply the demand for some
time to come. We are of the opinion that
wheat is intrinsically too low at present, but I'M
til the combination of circumstances is re-
moved which have reduced prices, we fail to see
any reason for hoping for a much better cond-
ton of things very soon. Seaboard has gener-
ally partially recovered from the sharp decline
of yesterday, and shows an advance of 2 lie for
cash and May at New York. Baltimore is lie off
and Chicago is 1-Sc lower We quote:
No Mediterranean. track -$1O2
No Mediterranean, track --.-----------.-- 90
NO red track 81
no D red track ------------------------ 80
Mixed, track. 90
January, track Observation-Disclosures. 81
February, track. Observation-Disclosures. 971o
March, track 1.OOI2
Corn-Feeling locally somewhat duler, and
although gradable receipts very light yet
the demand is so slow that dealers prefer to wait
results before trading largely. Markets are lac
off at New York, Lie off for cash at Baltimore,
and 1-2c stronger at Chicago We quote:
No. 2white, track ACKNOWLEDGEMENTS
No. white, track. OBSERVATION-DISCLOSURES AT
Yellow, track ..-.-.--.--...-...--..-.4 AZ
High mixed, track. Observation-Disclosures 4S
Mixed. track. Observation-Disclosures. 46Ie
Rejected track. --.-.-..---.-.-...........4 6
Sound ear track --..-........... AT
Oats-Continued unchanged Local dealers
are willing to pay full prices for all cash offer
ings, 1t receipts are scarce; futures in no re-
quest We quote
No Nnile' tIftch- 90
= - Is
he9ected track ------'------------ ~
Rye-No. 9. quiet; &c bid, no sellers.
Bran firm, nominal and scarce.
RECEIPTS BY RAIL PAST FoRTY-EIGHT HOURS.
Wheat bu- ACKNOWLEDGEMENTS. 500
Corn, bu- $500
GRAIN IN STORE.
Jan. IT. 1884.