The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-10-27
INDIANAPOLIS MARKETS.
As the Month Nears Its Close Trade Is a Lit
tie Sluggish.


INDIANAPOLIS Oct 26.
Trade opened rather slow to- day; possibly the
summer-like weat Ter has something to do with
the dullness It is not unusual, however, the
month nears it's close for merchants to purchase
more cautiously. There is still some complaint
of slow collections. So far as prices are con-
cerned, there were but few changes Both eggs
and poultry strong at quotations. Sugar
and coffee were little tarne Dry goods men
report trade ahead of last year at the correspond
ing period The prospect for it's continuance to
the end of the current month, and to the end of
the year is favorable. Prices are we'll main
tanned except liz few brands of brown cottons,
which are being cut and made special drives by
a few leading jobbers Prints are backward, and
drives in standards are more frequent. Dress
goods and woolens continue favorte depart
ments with buyers, while hosiery, underwear
and all classes of knit goods are in demand.
The leather market shows increased activity and
prices are firm The speculative markets for wheat
continue tame. The sible supply of wheat con-
tinues to accumu..-. both in the East and in
the West, and export buyers have bought very
little. A significant feature with respect to the
situation is the determinations of the Western
Millers Association to shut down their mills on
the LIST of November unless, as they say, they
can obtain lower freights or cheaper wheat
Meanwhile, the farmers appear to be holding
back their wheat, looking for higher, not lower.
prices, which there is very little hope of their OBJ
tanning so long as present conditions prevail
The next visible supply statement is expected to
show an increase of $500 600 bushels The
The stock on hand in Chicago is 4, 900 900 bushels
more than at this season for four years, and TO-
600 600 more than In 1882. Exports have de-
creased to an alarming extent. From Sept l to
Oct. IL the exports of wheat and its products
were only $500 600 bushels. During the same
period at no time in the last six years have the
exports been less than double the amount, and in
1879 they were 49, 600, 900 bushels, or about five
times as much as this year.
GRAIN
1t was blue Monday in the local market. The
Board of Trade Price Current says of wheat:
"Slumpy and weak for all grades. Receipts
show some improvement. Sellers are willing to
make concessions and buyers are not very
anxious to meet decline. Futures exhibit some
sellers but no purchasers Markets at other
points are shade stronger, and ranging from 4c
to 3c" We quote:
No. Mediterranean O. t...-.-.-. 90
No. 3 Mediterranean o. t---------.--.---. SO
no req; o. ~
NO. q reoi u "---- 90
Corn-While there are some inquiries and of
ferngs of old corn yet principal activity is in new
GRADES. Receipts improving. Futures show some
LIE and we note free offerings of new crop both
for October and November delivery. Seaboard
and elsewhere range from &c to 4c higher.
New No yellow. o. NEUTRALITY-SUSPICIOUS. 80
No. mixed Q. Al
New No mixed. o. ACKNOWLEDGEMENTS 31Is
Old sound ear, o. t.. 40l2
New sound ear. OBSERVATION-DISCLOSURES 25
October new No. mixed o. t-..-. 80
October new No. 3 mixed, o. t..---..--.--.-- 33le
Oats-Fairly active at quotations, with free
offerings We quote:
No. white, o. 28l4
Mixed, f. o. b.. ACKNOWLEDGEMENTS. 25l4
Rejected, o.. T.. ACKNOWLEDGEMENTS. "a
Unmerchantable O.. ACKNOWLEDGEMENTS. 2014
Rye--No. 2, nominal
Bran-Quet held at $12 track without bids.
Hay--Nominal.
GRAIN STORE
Oct "a, 1885.