The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-03-15
TRADE AND COMMERCE..
Egair Volume of Trade in Progress-Indica-
tons Favorable to Further Improvement.

INDIANAPOLIS March IA.
The volume of business transacted in the week
closing to-day fell shor. 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
1t is believed that within a few days trade will
reach quite satisfactory proportions. The. mar
gins on trade are very small as yet among large
dealers, and small tradcsmen are compelled to
DO work on :. strictly cash basis; but failures
are growing less frequent Ind firms that have
been for the time embarrassed, are again looking
for money where they lost it. Business resem-
bles young colt in training for race. 1t
begins at 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
0ver and we can now expect more settled state
of affairs, out of which will grow 'trdst and pct
Ter employment for the laboring classes, and
with this will come general revivalin business.
The prospects of &: war between foreign countries
is much talked Of and it's effect on the grain
markets. The circular of Larson Douglas 81 Co..
of the 18th, says: "Tha onlybe foreign
war could be to US would be TO make market
Ior our surplus grain at advancing prices. We
have taken occasion today TO get the views of
soIne of our prominent shippers and grain men
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, as Russia can supply
herself at home and England from Egypt: that
only in case of France and Prussia being drawn
unto the fight when the wheat fields would be
7rodden down and the grain destroyed, would it
result in benefit to u.s. .@tsss ssSA.; i%# 81
Flour dealers report trade looking up a little
Richardson q Evans yesterday sold 5000 bar
rels for export at a price quite satisfactory to
them under the present condition of the market.
Grocers are having better trade, and report
collections easier Sugars ofish. Coffees steady
at quotations ruling for two or three DAYS past
Canned goods and fish selling well at prices
quoted The poultry market is strong Choice
butter selling WELL The egg market continues
to weaken on large receipts
GRAIN.
The local market is in much the same position
as on Friday. The Board of Trade Price Cur
rem says of wheat; Not very firm, but no special
reduction in prices. Receipts light Futures
dull. Seaboard lower, dull and weak. We
0uote
No. Mediterranean, o. Observation-Disclosures 94
No. Mediterranean, o. ACKNOWLEDGEMENTS. 82le
NO. red o. -.---.--..------'---------- q
40. . RED o. L-------- S2l2
Understandable o. t-.------------.-..-..5 25s
8 Corn-All grades are firm, and prices are
at full quotations. Receipts only fair, but offer
ings are more liberal. Futures dull and not
wanted. We quote:
No. 2 white o. ACKNOWLEDGEMENTS. 43le
No. white ACKNOWLEDGEMENTS. AZ
Yellow t..-.......-.-..-.--.. .-..--.. 43
High mixed, 20. ACKNOWLEDGEMENTS. 13
Mixed, o. t. ACKNOWLEDGEMENTS. 42ie
Rejected mixed, o. ACKNOWLEDGEMENTS. AZ
Rejected high mixed. 0. ACKNOWLEDGEMENTS. 42la
Rejected yellow, o. OBSERVATION-DISCLOSURES. 43
Rejected NO white. .--.--------.--.....-..-..4 2
Rejected No. 2 white o. t4 AZ
Unmerchantable, OFT NEUTRALITY-SUSPICIOUS.. sob
Unmerchantable high mixed o. t..--......... 40
Sound ear, o. ACKNOWLEDGEMENTS AZ
Oats-Higher, active and scarce Sales of No
2 white were made on call at 34sc f. o. b. We
quote: tf sf
No. white, 4, o 34l4
ganeu, o. b-------- 81 u
I6S3ccttui o. 80
&fszrcn, o. 81 u
Rye-No. 2 nominal.
Bran-Dull; $3.50 bid; no sellers.
GRAIN IN STORE
March l3 1885.