The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-02-13
fRaHs AND coNls.ERcE.
Business Ratller Sluggish The Flour Market
Dull-Prices Weaker.

Business Ratllen Sluggfsla--Th Flour Market
Dull-Prices Weaker.
INDIANAPOLIS, Feb. 10.
Merchandise markets are void of interest, the
severe weather for the past few days unfavora-
bly, affecting business, yet the belief is that with
N more moderate temperature the volume of
trade will at once. increase handsomely. The
-four market seems to have passed under another
cloud Eastern buyers are indifferent about
purchasing, and are working off old stocks as
fast as possible, on which, even at present job
hing prices, fair advance is realized on par
ekases made early in january MiAefs are also
very Indifferent but would have to- make EberaF
concessions to induce the trade to- operate co. any
extent There is very general belief that
prices must 60 lower; So far as buyers are con-
cerned, but holders do not look upon the sit1a-
ton as 30 unfavorable, and still feel that
che future Of the market is promising,
notwithstanding the present depressiorh There
is now limited production throughout the
country and good winter and spring wheat is
held with considerable firmness by farmers.
There is no margin for miers, even at present
nrices on the seabord, and receipts are likely to
be comparatively small for the present. Millers
can afford TO wait, because it would be bad pol
market is more unsettled than the Boston
market. The sugar market, as, we'll, is
rather sluggish and the tendency is to easier
rates Foreign advices have also been less ia
vorable and the upward turn of the market APP
nears to- have received cheek Cor the time being
at all points. This dull tone, however, is likely
co be but temporary. Prices are low, the con-
sumption is large and the receipts show a falling
off compared with last year: Since the first of
January the quantity taken for consumption at
the four ports shows an increase, of 3. 96l tons.
In relation TO the present low price of sugar, il
is stated that the average bond price for forty
years has. been 81 79 and the present bond price
is So 92s IN teas there is a better movement,
and tendency to- higher prices The coffee
market is practically unchanged Java and 9th,
or mild grades have been quiet. but prices con
tinue steady and are wen sustained In fact.
there is quite firm tone. for Java, on account OF
the moderate stocks and light prospective sup
plies In New York tina warehouse deliveries in
January amounted to So, 252 mats which is con
sideraS5ly above tha average, and. the warehouse
a4oelS on the. 16t inst. was, 100, S91 mats. The
univ cargo now afloat for this country is the
Vanadis. with about 80, 00u mats, due in March
shipments from the, December sale not having
cleared according TO latest cable acvices. Th'
produce market showed moro activity to-day
Eggs in light supply; prices nominal. Cholc'
butter in good demand aoor stun unsa!abie
Hat. healthy chickens and turksys IN his dc
rnand;l arrivals nieager Potatoes and apple
strong at our quotatfons.
GRAIN.
TheI0cai market was alittle offsh to-day, ant
dealers bid more cautiously than on the preceding
lays Of the week. The Board of Trade Pric