The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-05-26
INDIANAPOLIS MARKETS.
The Week Opens Under Favorable Auspices
Trade Fairly Active.

INDIANAPOLIS MARKETS.
The Week Opens Under Favorable Auspices
Trade Fairly Active.
INDIANAPOLIS, May rs.
The situation in commercial circles under
favorable weather, better reports regarding
the wheat crop, and excellent promise for the
hay and corn crop, is Frightening somewhat, and
the volume of trade, while disappointing, IS, in
the aggregate, larger than chronic grumblers
readily admit. The provision market begins to
attract more attention as summer weather puts
in an appearance. Packers generally have been
hrm holders. Europe has continued bear on
the market, and, aside from several takings of
lard, has let stocks on their side alone. AS a re-
suit they have increased. There has been some
improvement in the home demand for pork in
the West. Receipts of hogs at Western packing
centers have declined and increased again
Prices of hogs appeared to advance some,
even in spite of the decline in re-
ceipts, but subsequently went off again.
Spectators as well as exporters are notice
ably inactive. AT Chicago, receipts of cattle.
hogs and sheep continue to keep in excess at
the corresponding date last year, and sales of
course, are made at correspondingly lower prices.
The quality of the stock has of late been report
ed as improving. At Chicago fourteen hog
packing establishments are said to be in opera
ton. From March to last week the packing at
Chicago amounted to 697, 900 hogs, as compared
with AL 600 head for the same time in 1884. and
42o, 900 in 1888 In the entire West the seasons
packing SO far reached 1,155.0 900 hogs, against
800, 600 head year ago. The record was ahead
of that of last year at Kansas City, Milwaukee,
Cedar Rapids, and at Cleveland. and behind at
St. LOUIS Cincinnati and Indianapolis. Grocers
are experiencing some improvement in trade,
the stimulus, doubtless, being the frmer tone to
some OF the leading staples. In the East the
speculative fraternity have fairly supported the
coffee market, and prices have again advanced
Little be said in support of the upward
movement excepting slight reduction in re-
ceipts and better showing of the warehouse
movements. The upward movement does not
appear to have affected any other market except
Rio. That Rio should show strength is only
NATURAL but with poor market in Havre and
London, it is difficult to see how prices be
supported. Mild coffees are unchanged, the
Dutch sales going off above valuations, which
were, as rule, very low. Refined sugars have
continued in good demand and refiners have
kept stocks of many grades pretty closely
sold up at further advance of about
&c per pound Sugar at San Francisco
is very firm. The American refinery has
raised rates 1c per pound; all grades are now
higher than California refinery. Spices dull and
in buyers favor Rice barely steady Fruit
and nuts unchanged. Canned goods show no
improvement whatever. The produce markets
exhibit considerable activity. Eggs are steady
at quotations Butter arriving in large quaint
ties. Prices weak the is true of poultry
The strawberry market is still much democrat
lied, with little or no prospect of improvement.
"A large quantity carried over from Satur-
day, which in bad condition, and the arrivals
to-day being heavy and more or less off stock,
dealers were compelled to sell at a sacrifice, and
good berries were sold at $l01.50 per a quart
crate. while soft or off stock were freely offered
at 80 a zoe per crate, and very dull even at these
prices
The local market opened tame and continued
so through the day The Board of Trade Price
Current says of wheat: The local markets show
the effect of the general dullness all round, and
might be quoted as weak sick and lower. Flu
lures not wanted Arrivals light We quote:
NO. z req, o. t..--..-- w
NO. . red, o. t- 10
Corn-Rather active and steady at quotations,
but prices rule shade lower than Saturday
Sales of No. white were made on call at SIC
track. Futures are dull and heavy Receipts
more liberal We ouote
No. white, o. 53
No. white o. t---. 81 le
Rejected Reject /, No. 2 white Q. t.. 81 3D. -
Rejected mixed o. ACKNOWLEDGEMENTS. ID
Sound ear white. ACKNOWLEDGEMENTS. so
Sound ear mixed, o. 473t
Oats-Weak and lower, some little local de.
mand. Sales of mixed were made on call at 35sc
track We quote
No. white. o. t........-......-......... 81
Mixed O. ACKNOWLEDGEMENTS 5lo
Rve-No. 2, continues dull and nominal
Bran-Dull; $l075 bid; held at ST. So
RECEIPTS BY RAIL PAST TWENTY -FOUR HOURS.
Wheat. bushels. ACKNOWLEDGEMENTS $500
Corn. bushels. l3 500
Oats bushels | 3 500
GRAIN IN STORE
-, May g. 1885.
Wheat. Corn Oats. Rye
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