The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-03-16
TRADE AND COMMERCE.


Fair Volume of Trade in Progress-Indica-
tions Favorable to Further Improvement.
INDIANAPOLIS, March IA.
The volume of business transacted in the week
closing to-day fell short of the expectations of
merchants with the beginning of the month, but
the delay in the coming of genial spring weatheris
thought to be the cause of the sluggishness. and
it is believed that within few days trade will
reach quite satisfactory proportions The mar
gins on trade are very small as yet among large
dealers, and small tradesmen are compelled to
do work on a strictly cash basis; but failures
ire growing less frequent, and firms that have
been for the time embarrassed, are again looking
for money where they lost it. Business resem-
tles young colt in training for race. It
begins at a good even pace, and keeps
gaining under constant urging until it can go no
faster, and is compelled to break. This period
of uncertainty and wildcat speculation is now
over, and we can now expect more settled state
Of affairs, out of which will grow trust and pet
Ter employment for the laboring classes and
with this will come general revival in business
The prospects of a war between foreign countries
is much talked of, and its effect the grain
markets. The circular Of Larson, Douglas g Co.,
Of the 18th, says: 'The only benefit foreign
war could be to US would be to make market
for our surplus grain at advancing prices. We
have taken occasion to-day to get the views of
some of prominent shippers and grain men
on this point. TO our surprise, we are
told by these gentlemen that war between
Russia and England would not make difference
of pound in grain to US, Russia can supply
herself at home and E..,and from Font: that
0niy In case of France and Prussia being drawn
into the fight, when the wheat fields would be
trodden down and the grain destroyed, would it
result in benefit to U.S.
Flour dealers report trade looking up little.
Richardson 81 Evans yesterday sold 5000 bar
rels for export Mt price quite satisfactory to
them under the present condition of the market.
Grocers are having better trade, and report
collections easier. Sugars offish. Coffees steady
at quotations ruling for two or three days past.
Canned goods and fish selling we'll at prices
quoted. The poultry market is strong. Choice
butter selling well. The egg market continues
10 weaken on large receipts
GRAIN.
The local market is in much the same position
as on Friday The Board of Trade Price Cur
reduction in prices Receipts light. Futures
dull Seaboard lower dull and weak We
quote:
No 2Mediterranean, o. t.........-..........-., 81
No Mediterranean, 0. ACKNOWLEDGEMENTS S2l2
20: red 0. go
neseeeed, O. %
Understandable. o. 5Zoe
Corn-Ali grades are firm, and prices are
ct full quotations. Receipts only fair, but offer
ings are more liberal. Futures dull and not
wanted We quote:
No. white o. --.---...----.--.----- 43ia
No. white. o. $780, ACKNOWLEDGEMENTS. AZ
Yellow, Q. OBSERVATION-DISCLOSURES. AZ
High mixed, 0. t. ACKNOWLEDGEMENTS. 43
Mixed, o. ACKNOWLEDGEMENTS 42ls
Rejected mixed, o. 49, Observation-Disclosures. d.
Rejected high mixed. o. ACKNOWLEDGEMENTS. 421c
Rejected yellow o. ACKNOWLEDGEMENTS. 43
Rejected No. white. .---....---........-...-. AZ
Rejected No. white o.. t..-----.-...--..-.-...- 43
Understandable o. Observation-Disclosures. 391a
Understandable, high mixed o. t--------.--... 40
Sound ear, o. ----f-.----.---.------.- AZ
Oats--IIigher, active and scarce Sales of No.
2white were made on call at 34ac t. o. b. We
quote:
20. white, I, o. b----- o. :
Ssl.Sus 9. o.
n@reh Q. I--.,- o. :
Rye-No. 2, nominal
Bran-Dull; sl3 80 bid; no sellers
RECEIPTS By RAIL PAST TWENTY FOUR HOURS.
HneaL Dssnels. ---.--------..-.-.-.--.-- O,40
torn, ousnels ID, eoe
Ials' VehhsiEs.- -..-......-.......---... SVs