The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1884-04-15

less, he finds it best to move slowly and he does
it with all his might. Can't you see the result
safer lot of business men, returning conf
dence, a happier business life. The disturbances
which from week to week have made the man of
trade knit his brows and live in an atmosphere
of Uneasiness, have largely decreased, and the
records are now no more than OF the ordinary
character, which country of this magnitude
can never be rid of. For all of these better
things let us be thankful" In the speculative
markets this week is looked forward to with
good deal of interest The New York Dial of
the 18th says: THE natural bent of American
spectators is to the bull SIDE and should these
markets fluctuate for awhile within moderate
limits, and still gradually creep little higher
all the time. 1t would not be long before the bears
would get over the fence and go with the crowd.
The coming week probably will see the crisis,
after which it will be safer to Judge the near flu
ture of the market, and perhaps the fashion
then set will hold until another crop changes the
basis of legitimate values. This much it is safe
to say however that il we hold prices steady,
about where they are, until Europe shall reduce
our surplus to normal point, then is there little
doubt we shall see higher prices before next har
vest on many, if not most, of our export staples.
On the other hand, should we hold prices where
stocks increase instead of decrease, we will I'M
doubtedly see still lower prices before next har
vest, unless that should prove to be below an
average. The markets. therefore, would appear
to be safe scalp for the present, and that IS
about all that it would be safe to bet just yet
IHlS dpplleS TO DOUn DfedQSUuIfS ana provisions.
The local market presents no new phases calling
for special mention.
GRAIN.
The situation locally is much the same as on
Saturday. The Board of Trade Price Current
says of wheat: While local markets are nom
inally unchanged, yet choice No. red, for mill
ing purposes, would bring full quotations in con
sequence of scarcity. Receipts continue very
light. Futures are tame and almost friendless
No inquiry for Mediterranean grades New
York is 1-Sc lower, Baltimore lie, and Chicago
shows decline of 1-2c for May from Saturdays
quotations. We quote
No. 3 Mediterranean, track. 81 90
No. red track. OBSERVATION-DISCLOSURES SO
No. Red track. 50
-"iAeu track .--------------. ~
Corn-While no special change in prices for
some choice grades. yet the general market
locally shows slight dullness, and quotations
are not quite so firm, and we note an increase
in offerings. Futures duh and without inquiry.
New York is 1-2c lower Baltimore 1c, and
Chicago is $50 to 12c off from Saturday. We
quote
No. white f. O. ACKNOWLEDGEMENTS.
High mixed track ........-.-.--...-..-.---.5
Mixed, track
Sound ear track.
Oats-Rather steady, with demand confined
to small quantities spot delivery. Futures not
wanted. We quote:
No. white track--.-.- 35 %
Mixed track ACKNOWLEDGEMENTS. -.-..34
Rejected, track
Rye-No. quiet SIC bid; no sellers.
Bran-Quiet; $l2. 10 bid; none offered.
GRAIN IN STORE
April - 1884