The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-01-10
TRADE AND COMMERCE.
business Slowly Recovering from Its De-
pressed Condition.

business Slowly Recovering from Its De-
pressed Condition.
INDIANAPOLIS, Jan. 8.
The volume of trade in some departments is
becoming more satisfactory, while in others
sluggishness still prevails, but the general out
look is certainly more encouraging. The recent
boom in one of the great staples ce the country,
wheat, leads some people to look for an improve
ment in other articles, and not without reason.
It is expected that, in addition to increased
export demand for wheat and flour, there
will be an increased export inquiry for other
articles, and this is what is wanted As soon as
Europe commences to take our surplus better
prices will obtain, the effect of which will be
most favorable in the agricultural districts. and
this in turn would soon be followed by increased
activity in manufactured goods The two in
terests are so closely identified that the one
must of necessity sympathizes with the other.
Reporters of the New York World have been in
terviewing prominent business men of New
York on the situation, and the result of the
Worlds inquiries and report indicates that there
Is nothing verse to apprehend than a contin-
nance of the pressure for Q brief
while, until actual consumption at home
and abroad has brought down our sur
plus stocks Meanwhile it is for those
A squeeze or pressure seems o recurrept feature
in our national economic system. We are a live,
active, hopeful people, great doors and workers,
great producers and makers and great spenders.
We live fast, and are more prone to spend than
to save, believing in the present and taking
small heed of the future. There is nothing in
this present crisis that has not happened before,
and We shall come out OF the trouble right side
up. Meanwhile 1t behooves all to wait in pa
thence and mutual forbearance till the clouds
roll by. Our capitalists can afford to watt our
hand workers and wage earners must remember
that it is useless to kick. They have their good
times and they must take their bad. The con-
dition of the savings banks throughout the
country shows that the prudent workers
have not been suffering in the past and
now is the time when the little nest egg
comes in handy. In the local market
matters are moving along much as for some
days paar Sugars are in strong position over
light productions from the refneries. Advices
from the East report that while there is no par
ticular activity in coffee, the tone of the market
is steady, especially as regards good roasting
grades. Moasses firm at our quotations. with
an increasing demand; late reports from New
Orleans report that market strong. especially as
regards prime open kettle, the supply of which
is light There is continued duIlness IN canned
goods, but an improved demand is looked for
soon. There is but little call for fish, and not
likely to be much Improvement until the lenten
season opens up The egg market is weak
Choice butter in better demand Poultry steady
at quotations Fine cheese more active and firm
at the recent advance Dried fruits continue
very dull for the season, but an increased de-
mand is probable within the next week or two.
Game dull and dropping holders are anxious to
close out as soon SIS possible. Fresh receipts of
dressed poultry fairly active and steady, and in
small supply. Onions scarce and higher.
GRAIN.
The local market gains strength as the week
advances. Dealers are showing considerable in
tcrest, and on Change bidding is spirited. Prices
ranged to-day as follows
Wheat-No 2 Mediterranean, s5c; No. 3 Med