The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-09-18

Trade In Most Departments Satisfactory
Prices in the Main Steady.

Prices in the Main Steady
INDIANAPOLIS Sept II.
Little complaint is heard of the volume of
trade, and September is evidently to lead all
months of this year, if not of 1884, in the aggre
gate of sales. The provision market has black
eye. Lard drops to g. zoe; short-ribs, 5.60c. The
wholesale market is cleared of hams. Poultry, as
well, is tame Shippers show disposition to
further reduce prices. The sugar market is still
IN strong position, and firm at the advance of
Wednesday. In speaking of the condi-
ton of trade the New York Shipping
List says: while the movement is encourag-
ing, and in many respects satisfactory both in
comparison with last month and the correspond
ing period last year, the prevalent feeling is
beautifully conservative and indicates that
trade is expanding upon substantial founda-
ton. In some departments good demand pre-
walls. and values are gradually hardening while
In others the inquiry is scarcely as urgent as 1t
was fortnight ago but the strength of the
posltlon with respect to manufactured goods,
rests upon the fact that supply and demand have
become more evenly adjusted than for many
months past, and with but few exceptions,
markets are no longer laboring under the weight
OF oversupply. Production has been brought
within the limits of consumption, and a
consequence manufacturers have been enabled
to demand prices that at least cover the cost of
production. and perhaps return some margin of
pront, which, in rot few instances, is in strik
ing contrast with the condition of affairs ex
perienced few months ago. Not only there
fore, has trade in these manufactured commodi
ties become adjusted upon a substantial founda
tlon, put the Improvement thus established has
extended to the industrial interests that they
represent, which is of equal Importance, for in
dustrial activity is of the chief elements in
sustaining the demands of consumption.
GRAIN.
The local market shows continued marked
strength. The Board of Trade Price Current
says of wheat: IA strong local demand still
continues for all immediate offerings. Sales of
No. red made on call at soc o. t., with market
closing strong at this figure and buyers willing
to take all offered at same price. Futures I'M
interesting Receipts meaere. We quote:
No. Mediterranean, o. OBSERVATION-DISCLOSURES. 901e
30 req 0. t----- -..--------....--.--.--- 20
NO. . red, o. t--. .-------------.---.--. S519
Corn-Under nominal receipts local market is
decidedly frmer, with strong feeling and good
demand for all cash deliveries. Futures not
wanted We quote:
No. white, o. ACKNOWLEDGEMENTS A L.
70 White o. I'-------- ----.------------- 4ZA2
No, yellow, o. AS
no. = yeuow, o. t.-- "A A
70 yeiloW' o. Arg
No. mixed. o. OBSERVATION-DISCLOSURES. As
No Z mixed, o. 43le
Sound ear O. - 40
OatS-Scarce. h1gher and In active demand;
sales of No. mixed on Change at 25sc o. t. We
quote:
No. white O. .-2 91e
mixed, o. t. ZOS4
Rejected, o. OBSERVATION-DISCLOSURES. 22l2
Rye-No. 2, firm.
Brau-Firm.
Hay-Steady choice timothy $12 rs bid held at
$l3; No. ! timothy $l2 % bid held at $l3; No,
timothy $40 50 bid; without sellers.
RECEIPTS BY RAIL PAST TWENTY -FOUR HOURS
LIZ
oats, bushels IL, 800
GRAIN IN STORE