The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-03-12
TRADE AND COMMERCE.
EIuggishness Still Brooding Over Many De-
partments of Business.

-
partments of Business.
INDIANAPOLIS. March IL.
Trade continues to move too sluggishly. While
the volume is in excess of that of either of the
preceding months of this year, it falls below ex-
pectation. The continued cool weather is thought
to be one of the embargoes, yet all are hopeful,
and look for decided improvement in business
with the coming of genuine spring weather. In
commenting on the condition of trade the New
York Shipping List says: Buyers are still pur-
suing conservative methods in replenishing sup
plies, and although the outlook is encouraging
and the situation presents ali the outward mani
festatons of health, there is no disposition to an
ticipate, by undue speculation, the recuperation
that is acknowledged to be in progress. The
trade of the country is gradually working up to a
higher plane with respect to volume as we'll as
values and it is only those who want constant
activity that are restless and dissatisfied with ex-
listing conditions" The wool market begins to
attract some attention. AS vet, however, our
local dealers say but little to the prices that are
likely to rule. Eastern papers report decidedly
active movement, but in spite of the large bust
ness, there is no gain If anything, rather
weakening in price as the time for the new clip
draws steadily nearer There seems to be little
or no possibility of boom while manufacturers
retain their present highly conservative attitude
1t is hardly an exaggeration to say that no man
utacturer will consent to make goods except on
orders. The Boston Commercial Bulletin of
March says: THE market is in rather a
healthier condition, and the sales made this week
t30l4,999 pounds) represent a steady well dis
trlbuted business, and not the accumulated lump
sales OF few houses, as has been the condition
for the past few weeks. A single house in Bos-
Tor iQ tod To hav Ill
of wool during the last month, but although the
sales were reported this month, the contracts
we're made long ago" Locally there is little
that is new to say. Fluctuations in values are
egg market, and poultry, well, is little off in
prices, on large arrivals of both. Reports from
the East show the sugar market to be easier
Coffee steady.
Prices stronger all along the line covers the
situation to-day. The Board of Trade Price
Current says of wheat: All the market stronger
and everything is on the boom The war ru-
mors seem to have had quite strengthening
effect all round, and sellers are more willing to
hold to stocks than to dispose of them. Local
receipts fair, but scarcity of offerings Futures
dull. We quote:
No. 2Mediterranean, o. observation-disclosures. 81
No. red, o. t....--....... 80
No. red, o.. l.. rs
Rejected, o. 20
Corn-FirmAr, and slight advance on all
grades, sellers not disposed to let 60 at present
prices and are holding firm. Receipts fair and
good order demand, which about absorbs all
arrivals. Futures not wanted. We quote:
No. white. O. t.................. 43lo
No. white ACKNOWLEDGEMENTS. 42l9
Yellow o. Observation-Disclosures. Az
High mixed, o. Observation-Disclosures. 42ls
Mixed, Q. b.. Observation-Disclosures. az
Relecleo mixed 0. ACKNOWLEDGEMENTS. Alb
Rejected high mix ed o. t.. 40
rejected yellow, Q. t.-.. -..-.-....-.---.... 42l2
he9eeted NO . white. O. Observation-Disclosures. 40
Vnmerehlntable, 0. Recommendations. 80