The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-05-04
INDIANAPOLIS MARKETS.
Quietude Still Marked Characteristic of
the Commercial Situation.


Quietude Still Marked Characteristic of
the Commercial Situation.
INDIANAPOLIS, May 2, 1885,
The leading markets continue to move along
quietly, and present no new and important
features One of the drawbacks to business is
that there are still too many idle
men. Capital takes hold of new enterprises
timidly. Bnt few new manufactures are
being established, and those already existing are
operated on very conservative, but safe basis
Complaint about profit is the same in all
branches of business. The quantities of goods
moving does not vary much from last year, but
the competition seems to be sharper In this
way one concession follows another until mar
gins are almost entirely lost sight of. The
sugar market continues firm, and unless there is
reaction eastward an advance here may be
looked for within the next day or two. In
regard to coffee the New York Ship
ping List says: "The market has
continued to display weak tone, with
transactions in spot invoices at further conces-
sion, about $500 bags having changed hands
since our last issue the basis of 8sc for fair.
Dealers however, have shown very little DISPOSE
ton to increase their supplies, and the moderate
proportions of the country demand Offering
scarcely any encouragement for replenishing
stocks that are already more than ample for
current wants The produce markets are fairly
active. Eggs firm at quotations; receipts less
liberal Plenty of butter coming in, but OF
poor quality A choice article is
in good demand. Poultry is irmer,
healthy fat hens readily bringing 9 cents per
pound. Potatoes are coming in freely, com
mission men selling them at 80 cents, yetthe re-
tail grocers charging ST. per bushel.
The provision market is more active,
and whenever we have genuine warm
weather. good trade is looked for
the wholesale markets: "a slight, though gen
eral improvement in the local and State trade
for the week is reported. Tax-paying time hav-
ing happily been tided over. there is q percepti-
discharge obligations. The markets have
gained something in vitality from
the improved feeling among mer-
chants. Groceries have Jared well ali week.
sugars have received and maintained an advance
of a &c; coffees still drag salt has advanced Sc
per barrel; other staples are steady. In foreign
fruits advanced prices are noted, especially for
lemons and oranges The drug market is firm,
and dealers have ceased to complain One large
firm reports much better business than for the
same period last year. Iron is firmly main tanned.
Produce has been unusually steady Butter
alone weakened, but this is due to inferior sup
plies rather than slender demand. Eggs and
poultry close strong
GRAIN.
1t was an off day in the local market--attend
ance on Change slim, bidding tame. The Board
of Trade Price Current says of wheat: 'Local
markets not very active ana barely steady at
quotations. Sellers few and scarce Receipts
very light We quote:
No. Mediterranean, .t----...--...-....---$1.O6
No. 3 Mediterranean o. t--.------------.--- 1.04
NO. = REQ, o. L. lOoA2
No. D rea o. t.---.--- 1.OO
he1ected 0. I---------------- cZ
Corn-Steady at quotations. with less interest
than yesterday. and rather a dull feeling all
round Receipts good. Fair order demand no.
ticed from interior points. Futures not wanted.
We quote:
No. 3 white Observation-Disclosures. 511e
Yellow, O. Observation-Disclosures. 40
H1gh mixed, T. o. b %
Mixed, f. o. ACKNOWLEDGEMENTS. SO
Sound ear, o. oU 4
Oats-Frm and steady at quotations Futures
not wanted We quote:
No. white, o. 3Sl2
RECEIPTS BY RAIL PAST TWENTY -FOUR HOURS.
w neaC DuShelS. A. ZOO
Corn, DnSnelS Ia, 4OO
OatS, pusneis 4,oUO
GRAIN IN STORE.
May /, 1885.