The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-11-16
INDIANAPOLIS MARKETS.
A Disappointing Weeks Trade with Few
Fluctuations in Values.

INDIANAPOLIS. Nov. Ia.
Trade in the week closing to-day has shown
some improvement over that of the week ending
Nov. T. yet was disappointing in volume. Prices,
as rule, however, ruled quite steady Collec-
tons are slow but an improvement is looked for
now that the new corn and the hay crop begin
to move. Groceries are at low ebb but are not
depressed below the conditions noted in other
lines Foreign fruits are firm nd quite active
Sugars firm East. Cofeesa steady. The
leather market has been an oasis in
the desert of dull days. 1t has
collections. Green fruits are weak Oranges
slow sale and cheaper. Apples abuEd-
ant and easier Grapes stronger because
scarce. Wool strong. The produce market has
ruled trif1e frmer: In fact some of the dealers
are paying cents for hens. cents for turkeys,
and 10 cents for eggs A break in the price of
poultry next week is more than probable and
it is believed that eggs have
reached the highest figures. In COM
menting on the business situation
the Indianapolis Grocer says: Whether the
years work will be remunerative or otherwise
will reach the required solution in so short
while that con- lectures not easily suppressed.
1t is matter of surprise to see the evenness
with which business men view the markets. 1t
takes more than a common turn in prices to pro-
duce so much as faint interest People have
so often gone wide of the mark that they are, as
rule content to await demand before buy
ing. The facts remain as they have all the
year, that the merchants who have kept abreast
of their necessities and not ahead of
them, have done the best with their
opportunities. Prices were long way from the
home base, and it took them long while to get
back there again. This they have done without
a national disturbance of trade or great individ-
ual losses. 1t was thought at the outset of the
year that this would prove the beginning of a
steady rise and all values would take upon them
selves the hue of speculation; fortunately this
expectation was not realized. There is greater
reason for such turn, favoring owners of goods,
now than there was year since. Snug stocks,
we'll assorted, are safe and beyond hazard.
The profits in trade continue to impress the
merchants with sense of their inadequacy; the
remedy is as far off as ever"
GRAIN.
The local markets were a little tame to-day,
while prices ranged about the same. The grain
committee of the Board of Trade decided to-day
that until Dec l, 1885, all sales of ear-corn
should be made on the basis of seventy-two
pounds per bushel. The Board of Trade Price
Current says of wheat: Practically unchanged.
This not being speculative market, local prices
fail to boom with markets at other points, which
are from &c to lie higher. Dealers still find it
difficult to place large lots for cash delivery, and
the legitimate dealer finds it impossible to ad
vance prices under present circumstances. Re-
ceipts light and futures dull. We quote:
No. 3 Mediterranean. Observation-Disclosures. 81
NO. . red, o. t.- ool2
Corn-The condition of local markets is
shade duller than yesterday. Offerings more
liberal, but the demand seems to have fallen off
slightly in consequence of fewer orders Re-
ceipts fair. Old grades are nominal because of
the scarcity of last years stock Futures dull
and weak. We quote:
No. white. o. ACKNOWLEDGEMENTS. 441s
NO. q WHITE, o. AZ
New No. 3 white. O. t. 3412
New No. 3 yellow O. "a
New No. A yellow o. t.---....-...-..3 21o
No. 2 mixed, o. OBSERVATION-DISCLOSURES 40
Old NO. mixed. o. ACKNOWLEDGEMENTS. 50
New No 3 mixed, o. OBSERVATION-DISCLOSURES. S3
New NO. mixed, o. t-- 81
Oats continue firm and scarce, with good
local and shipping demand for cash offerings
We quote
NO. white. o. e.. 80
Light mixed 2712
Mixed, o. Observation-Disclosures. 27l4
Rejected o. t.....-.. 25
Understandable, O. ACKNOWLEDGEMENTS. %
Rye-No. g nominal.
Bran-Quet; $ll f O. b., bid.
Hay-QuieJ Choice timothy, $12 Is bid; No.
l timothy, $ll. % bid; No. 2 timothy, $l02 % bid.
RECEIPTS BY RAIL PAST TWENTY FOUR HOURS
Corn, bushels. ----.---.--------.----- S,4OO
GRAIN IN STORE.
Nov. IS, 1885.