The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-05-22

Summer Weather Helping Trade Somewhat
The Flour Market at a Standstill.

summer Weather Helping Trade Somewhat
The Flour Market at a Standstin.
INDIANAPOLIS. May FL.
With warmer weather, a decided improve
ment In trade is noticeable in several depart
ments. The dry goods men this week have been
kept quite busy. Orders are not large, but are
SO numerous that in the aggregate, the footings
are quite satisfactory. Leather dealers and
ardware men, as well, are doing good bust
ness. With hide dealers trade is sluggish. The
tendency to higher prices for sugars and coffees
has increased business somewhat with the
grocers. The produce men are handling good
deal of fruits and green stuff, but prices range
so low that the margins foot up small Then
there is double the number of commission houses
needed in this market to compete for the pro-
duce trade. However, outside orders from the
larger towns are on the increase, and all will
manage to make a living. The -four market is
tame The Boston Journal of the Goth says:
THE -four trade continues as dull as at any .ime
since the commencement of the year. The trade
purchasing only for immediate wants. and
with continued unfavorable advices from Europe
the crop prospects appear to have very little in
fuence here or there. The -four and wheat
markets of the world appear to be so well sup-
piled that prospective deficiency of 140, 600 900
bushels in our winter wheat crop appears
to have influence whatever on prices,
breadstuffs have been so abundant for
some two years past the trade can
not realize that this order of things can
be reversed. Later in the season, it appears to
us, the deficiency will have "a more important
bearing on the market In New York the -four
market has been depressed by large and I'M
manageable receipts, which have been difficult to
place except at concessions. Here the supply
OF Hour is quite equal to our wants, but leading
1~avx de- rxon IL
evidently turning out too much flour, and if
they do not want to force the market down they
must curtail production. In Minneapolis the
flour production of the week ending May was
1853, ia barrels, against 100, S29 barrels the pre-
cedipg week and 100, 200 barrels for the CORE
spending time in 1884 This is the heaviest out
put ever recorded by Minneapolis mills. The
present week, however, there is a tendency to
curtall the production The flour market,
which has been for some time largely sustained
by Eastern trade, has almost come to a stand
still, and millers out of orders prefer to shut
down their mills and save wheat-which they
consider good property for future use-rather
than make concessions in prices.
GRAIN
The local market showed more strength than
on Wednesday, and more spirit was shown in
bidding on Change. The Boardsof Trade Price
Current says of wheat: 'Local markets. under
light receipts and a better feeling at seaboard,
have toned up slightly, andwe note amore active
demand for immediate shipments Futures quiet
We quote
No. 3 Mediterranean o. OBSERVATION-DISCLOSURES 1.01
40. RED 0. T.. LII
NO. . reo O. t. 30
Corn-A better demand is noticeable, and all
grades will find ready purchasers at full quota
tons. Receiptsilight, with futures not wanted
We quote: