The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-08-04

values, and while trade is fair for early Aupust
there is large room for Improvement which a
belief prevails will come in the near future
which belief we find prevails all over the country
The New York Bulletin of Aug. l publishes the
remarks of leading papers of the country on the
business situation, few of which we reproduce
below as foreshadowing of fall trade. Their
tone, it will be observed, is uniformly cheerful
and. what is to be especially noted thev are not
vague generalities nor mere expressions of SEN
timent but are based upon solid facts: Phila-
dephia Record There is q cheerful feeling as
to fall trade prospects. There is less hesitation
to Go business from the fear of further depre-
citation of values or the unexpected development
or conditions unfavorabie TO the heathful prog
ress OF trade. 1t is felt that the limit of
depression in commercial affairs has been
reached" New Orleans Picayune: the drawing
to close Of the month demonstrates that quite
a fair trade has been done compared with the
record OF previous seasons. There has been
steady but quiet Improvement going on,
which is visible in greater degree
of confidence and a lettering of
general credit A growing conviction that better
times are near at hand has caused increased buy
ing in all lines, aud preparations for brisk
trade IS noticeable on all sides in repienishng
Of stocks and a tendency of all values to appre-
ciate on the slightest provocation." Savannah
Morning News: with good crops and fair
prices, and the people more than usually free
from debt and consequent embarrassment, it
seems that business in all departments must be
IL ID ALhely lnaC many peOp6 Will CnlS IAN
and winter be able to make purchases that have
been long deferred from necessity" Boston
Price Current The trade situation is quite
promising for so early in the season. We look
for a steady Improvement. and if August makes
as good record as July has, there will be
reason for complaint" San Francisco CONNER
cial Herald Business as a whole is about
as good as it ever was at this time
of the year The principal obstacle to a
lively resumption of trade appears to be the gen
orally demoralized feeling that has prevailed
long When people begin to thaw out and have
more confidence, times will improve. improve
ment well panic is largely q matter of
morale" Baltimore American: There is every
prospect of healthy fall trade, and merchants
generally feel much encouraged over the out
look. A more confident feeling pervades the
market than at any time within the past three
years, and a marked improvement is already
noticeable" Nashville Union: COLLECTIONS are
fair, about as good as could be expected. Crops
up to the present writing are all that could be
desired, and prospects certainly more than
favorable for a good trade for the coming
season" Cincinnati Enquirer There has been
a steady gain in the favorable conditions tending
toward an Improvement in mercantile matters
Trade in many commodities has increased
GRAIN.
While prices no higher, the local market is
in better position than on Saturday. The Board
of Trade Price Current says of wheat: The
week opens with the firm feeling continuing
Arrivals are large and grading we'll Demand is
active, but dealers seem to have heavy shipping
orders, and in consequence local offerings
light. Futures, in sympathy with cash stock
show frner feeling and good demand. We