The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-12-03

A Little More Activity in the Local Markets
Holiday Trade Tending to Such Result.

A Little More Activity in the Local Markets
Holiday Trade Tending to Such n Result.
INDIANAPOLIS, Dec. 2.
The situation has developed no new features
of significant Importance but the outlook is gen.
orally considered encouraging, and the progress
towards gradual recuperation seems to be unin-
terrupted. The retail trade is already beginning
to feel the stimulating influence of holiday buy
ing, which appears to have made its appearance
somewhat early this year, but the comparatively
mild temperature which up to the present has
prevailed throughout the northern sections of
the country, is doubt delaying the demand
for seasonable fabrics. In fancy goods, and
notions, and confectioneries. there is an active
trade but the volume, dealers in such articles
say it is not up to the usual standard. Some
allowance should be made, however, for the fact
that there are more houses in the business than
in years past. The produce markets are weak.
reports from Eastern markets continue to
show large arrivals. One Indianapolis house
dropped prices hens and chickens to
43c per per pound, and eggs tend lower.
In the grocery market there was considerable
activity to day, with prices unchanged. Eastern
papers say tho movements in sugar have been of
no Importance the last week. but prizes have
been we'll sustained notwithstanding advces
from London are not so favorable. The circular
of Meesrs. Willett Hamen & CO. reports the
receipts at the four ports for the week as 10 976
tons against Ia, 292 tons for the corresponding
week of 1884. The receipts since the first of
January have been 500 271 tons against 985 406
tons for the corresponding period in 1884, an in
crease, as compared with last year, of Ii S65 tons,
The consumption of the United States through
the four ports. since JAN l. exports deducted,
have been $40, lag tons against 874 500 tons in
1884 an increase, as compared with last year. of
35,57o tons. The total stock in all hands Nov.
20 was 70, 755 tons against 12l ,558 tons in 1884
decrease, as compared with last year, of Al. 1903
tons The market for Rio coffee has been qnite
dull and prices unsettled and lower East under
the influence of uufavorable advices from Rio
Janeiro The price of fair cargoes has eased Off
to 81 cents per pound. In East India and other
mild grades there has been no material change.
There has been comparatively light business
in tea the last thirty days. Sales have been con-
terial change. Holders are firm, and not dis
posed to force trade at any concession. Choice
Formosa holds particularly strong position
and medium grades are gaining a little. Japans
are quiet and steady
GRAIN.
The local market opened strong and contin-
ued so to the close. Bidding on all cereals
brisk. and a much better tone prevailed than on
Monday. The Board of Trade Price Current
says of wheat: Local markets are 1c higher
than Monday, with fair demand for milling pur
poses. Receipts are light, and grading badly.
Futures in no request. We quote:
No. z Mediterranean. o. ACKNOWLEDGEMENTS. 911o
~ teo; CO
- Corn-We note an active feeling. with prices
ruling steady. Receipts very large, over 100
aar auip 1cin locf Gala IF