The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-08-20
INDIANAPOLIS MARKETS.
An Improving Prospect-Coilections Easier
Orders Increasing.
INDIANAPOLIS, Aug. 10.

INDIANAPOLIS, Aug. 19.
Merchants report an improving prospect; that
bills are being paid with commendable prompt
ness. One thing is evident, if there is not
really more business, there is more encourage
ment. Evidences are multiplying on every
hand. The Southern papers currently at hand
are full of reports and comments showing in
creasing activity in business circles and better
spirit in the community, the Improvement being
usually attributed to the splendid cotton crop,
now beyond the reach of all ordinary dangers.
From the West and Southwest come glowing
accounts of the great corn crop, probably the
greatest ever raised in the country with concur
rent reports of more active distribution of mer
chandlse and abundant promises of a frstrate
fall trade. A Chicago paper has interviews with
forty of the leading bankers and merchants of
that city, all of whom regard the trade
situation as decidedly better, and express
high hopes OF prosperous business season.
The New York Commercial Bulletin says: 1.-The
general Improvement in business, abundant evil
dences of which were presented in the Bulletin
during the week past, is all the more noticeable
as the season advances; and. what is more, 1t is
not confined to any particular section, but ex-
tends to all alike" The Tribune's article on
Money and Business, opens as follows There
are some decidedly favorable symptoms in re-
gard to the general business and industry Of the
country One swallow does not make summer,
but it helps The sort of Improvement which is
now to be seen, If it continues long enough, will
help honest producers and legitimate traders
materially, though it may not bring that finan-
clal millennium which some spectators In the
Stock Exchange apparently hear knocking at the
door" The Boston Price Current of Satur-
day says the business situation
tans all the favorable features noticed last
week, and has made some further gains and the
same feeling and expression obtain in Indian
apolis commercial circles. Not for year past
has there been more cheerful feeling in bust
ness circles. Locally there are few changes in
quotations. Eggs, poultry, watermelons and
cantelopes are in large supply, prices weak;
choice butter and choice apples in good demand;
poor stock sells slow.
GRAIN.
Tameness still boards over the local market,
and dealers take hold cautiously. The Board of
Trade Price Current says of wheat "A slightly
better feeling and prices in better position than
yesterday. Receipts show a slight falling off
yet still are LIBERAL Futures show some in
quiries, but quotations are lower; markets at
other points are generally higher We quote:
No 2 red, o. ACKNOWLEDGEMENTS 50
no. y red o. t-.-- ACKNOWLEDGEMENTS. 81
August OF NEUTRALITY-SUSPICIOUS.. 80
September o. S3A2
OCTOBER, O. ~
Corn-Weaker with offerings more free sellers
willing to make concessions, yet local consumers
are not ready buyers, at shade lower
prices, being we'll stocked up and profits waiting
developments. We quote
NO. yellow, o. t 44A2
NO. : yellow o. t------ 40
80 mixed o. 4oA2
Sound ear o. Observation-Disclosures Al
Oats-Dul and only wanted as demands re-
quire; off grades not very salable stock. We
quote.
Mixed o. 2312
August. 0. Observation-Disclosures. %
oeplenoer, o. t'-------------- ZZ12
Rye-No , nominal
Bran-NOmlnal
Hay-NO l timothy, $11. 70 bid; No. 2, $1,000
bid
RECEIPTS BY RAIL PAST TWENTYFoUR HOURS.
w heat. bushels SO, 600
Corn ouShetS 10. zoo
GRAIN IN STORE
Aug 49, 1885,
Wheat. Corn. Oats Rye.
Elevator A. .-... 70. 931 eG42 1910 772
Elevator b.. 1906 914l 299
CAPITAL Elevator 10000 5000. / 600 1890.
Elevator D. 5000 $1,000 $1,000 ....
Total -....... 1872, 1877 307s3 42,11o 1,o71
Correspon g day
last year. 49, 129. 400 5000 2,50OI 5000