The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-05-26

into financial institutions, and upset the smart
est plans Of the smartest spectators, without
seriously impeding the progress Of trade. The
broadness of this land combining all climates I'M
der one flag and one government make such
demonstrations possible without a wholesale
throwing up of the sponge
1T is true trade is slow, credits arenot easely
0btainable, jObbers are recognizing the supreme
nee essty of greater safeguards, and the enforce
ment of statements of dealers worth and his
claims for credit, are oftener required than in
the past. 1t is one of the odd characteristics of
wholesale merchants that they rely too often
upon the character of the buyer, without taking
into account his fitness for business; or, they
take his business shrewdness, his keenness. his
enterprise his demonstrative capacity. to mean
safety, soundness. success, when it is often
magnifcently constructed cloak to cover a most
villainous scheme for plumber. After the rascally
confidence game is uncloakedit is easy enough to
reflect upon the gullibihty of merchants and the
lesson would be cheap if it were needed but'it is
stumble right into another pit-fall before the
last one is removed from the ledger into the
profit, loss and expense account Retailers in
all large cities have associations for mutual good,
and for protection against dead-beats and swind-
lers What jobbers need and must have, is
similar joining of interests, that the dishonest
may be prosecuted and the reputable retail
dealer be rid of cut throat, lawless competition,
which has neither honor nor conscience"
The produce market was quite active Saturday.
Young chickens in demand at quotations, Eggs
tend lower Butter in good supply, only really
choice selling readily Grocers report sugars
ofish- COffees are duh and weak. In foreign
fruits raisins are weaker, but prunes are irmer
at 1915 lac, in iobbing lots. from hands of
importers. Fish are weaker; lower prices pre-
vail in all markets; the is later than usual.
but supplies are being crowded upon the market
at a concession. Syrups remain steady for ali
grades. There is no especial animation in rice,
although the higher prices are still ruling.
GRAIN
A dull Saturday, small attendance on Change,
and little doing, is about all that can be said of
the local market The Board of Trade Price
Current says of wheat: No improvement is
noticeable in local markets, and under the in
huence of dull and declining markets at other
points local bids are lower than yesterday.
Dealers show very little desire to invest; sellers
few and offerings are light Futures in no re-
quest, with very meager offerings. New York
Is lc off. Baltimore 1-2c, and Chicago shows the
marked decline of , 5-Sc at the noon close. We
quote:
No Mediterranean. Observation-Disclosures. LOG
No 3 Mediterranean ACKNOWLEDGEMENTS. l02
NO LUX
NO > red %
Corn-"Rather steady" about covers the situa-
ton i'll local circles. Demand is good for cash
shipments Slight improvement in receipts, and
yet sellers are holding rather firm Futures out
of the market Choice grades will easily bring
full quotations. New York is 1-2c lower, Bati-
more is l lie off, and Chicago is 34c lower than
yesterday We quote
No. white .-...-...-.-..............6
No. . white
m
!iigh mixed. --...---..---..........-.--5
20: o
NeJccIed-
Unmelciantable.
Sound ear.......-................. So
Il