The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-05-02
ARKEr
A. Good Trade Looked for this Month and
Easier Collections.

Easier Collections.
INDIANAPOLIS, May i. 1885.
A belief prevails among merchants that the
volume of business in May is to be quite salts
factory. They base their belief on the fact that
stocks in all departments of retail trade are un-
usually low, and if a conservative policy is con-
tinued there must at all events be a large
amount of replenishing done. Then, again, tax
paying is out of the way, and people are be-
ginning to loosen their purse-strings, and money
is moving more freely. There was a fair degree
of activity in general business to-day. There
continues to be much speculation regarding the
grain markets. The reports from nearly all
sections continue unfavorable in regard to the
condition of the winter wheat. In many sections
Of the country thousands of acres are being
plowed up and sown in oats Moreover, owing
to the lateness of the spring season, it is feared
that there will be shortage in the acreage
of wheat sown. The produce markets
are more active. Eggs are a trife frmer but no
higher. Choice butter scarce and strong at quota
tons. Dried fruits and beans continue very dull
for the season, but an improvement is looked for
before long. Potatoes continue to come for
ward pretty freely, and prices are weak; sellers
more anxious to sell and buyers less anxious to
0oV - 49, w. wv NOhAAS
prices. The sugar market is strong; the market
has been firm now for several days in succession
and some of the trade believe that sugars are
good stock at present prices. Coffee steady. A
little more inquiry for canned goods is reported.
The provision market continues sluggish.
Handlers OF hog products, however, look for a
better demand with the coming of warmer
weather. The wheat and flour markets have
been rather quiet and unsatisfactory the past
week. The advices from London and Cronstandt
still continue to look warlike, but it is very
doubtful how soon war will be declared, If at all,
and the market has already discounted all ru-
mors bearing on this question. One thing is evil
dent-a considerable advance in breadStuffs and
provisions would be likely to take place if hos
tilities commenced, and if there was a peaceful
settlement present current rates will probably
be maintained on account of the deficiency in
the winter wheat crop and its bad condition gem
orally.
The local market continues in q strong posi-
ton. More especially will this remark apply to
corn and oats. The Board of Trade Price Cur
rent says of wheat: In local circles we note a
firm and steady feeling for all grades, and while
prices are not so high as they were yesterday,
yet the absence of offerings would indicate that
sellers were not very DESTROYS of d~isposing Of
stock at present prices. We quote:
No. 2 Mediterranean, o. t-...........--...$1.06
Az ~ Cuio % A'Ot
40. D req, D.. ~
he1ecteo, o. 60
Corn-Firm at quotations. Choice grades
shade higher, and demand in excess of offerings.
Sales of high mixed made on call at SOC
regular, and mixed at SOC track. Futures dull.
Receipts only fair. We quote:
NO. = white, o, 80
No. 3 white, o. 5Ol9
High mixed, SO
Mixed, o. so
Rejected No. 2 white, O. So
Rejected No. 3 white o. 1912
Rejected yellow, O. 40
Rejected high mixed, O. 40
Rejected mixed, O. 40
Oounu ear, o. %
Sound ear, No. 2 white, o. INSTRUMENTATION. 521e
Oats-Scarce and higher. All spot shipments
in good demand. We quote:
NO. Z white, o. 3Jl2
L1Bnb mixed, o. So
MiAeo, o. 0f9
RECEIPTS BY RAIL PAST TwENTY-FOUR HOURS.
Wnedu, DuSHe1S. l,UUO
Corn, bushels. 1000
GRAIN IN SToRE.
April 80, 1885.