The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-09-11

caught with little or no stock, and in order to
fill orders have been obliged to buy and borrow
more or less from their neighbors Eggs aj-
vanced one cent to-day, while poultry drops
Vegetables are in better demand and
Prices are firmer somewhat. The New York
Shipping List says: Legitimate trade continues
under the influence of encouraging reports from
almost every section of the country and the
field of improvement appears to be slowly but
steadily widening. Dealers are stocking up
more freely than they have done for a year past,
either because the demand for their goods has
already improved or else in anticipation of q
better fall trade which is promised by reason of
an abundant crop yield. while manufacturers are
repenishing their supplies of material because
orders have increased and the outlet for their
product has been enlarged. 1t is noteworthy,
however that the progress thus far accomplish
ed towards improvement has been of a con-
servatlve character, that is there has
been little or no disposition to indulge in
speculative operations and the increased volume
of trade has resulted from the direct require
ments OF consumption and not from indiscrim-
mate buying to reap the benefit of higher prices.
Buyers have not increased their purchases so
much on account of low values or because goods
looked cheap, for the reason that stocks
needed replenishing and confidence in the future
has been materially strengthened There has
been nothing to indicate a boom except the
circulation of exaggerated reports for stock
gambling purposes that have found but few
believers, for the simple reason that business
men are not just now in the humor to bite at
this kind of bait. The recollection Of the
perience of the past two years is rather too vivid
to make this kind of gilt-edged talk of much
weight at present AS a consequence, the spec
ulative barometer has not been very buoyant
during the past week, while legitimate trade has
developed increasing proportions.
GRAIN.
The better tone to the local market continues
The Board of Trade Price Current says of
wheat A frmer feeling still continues, and all
grades for immediate delivery will readily be
taken at full quotations. but offerings are very
light. Receipts comparatively meagre. Futures
dull We quote:
No. Mediterranean o. Observation-Disclosures 87l2
No. Mediterranean o. Observation-Disclosures. 30
40 red, o. t.---.---.-..--..-.-.-- ~
no. red, O. t.. SOA2
CONGREGATIONS are frmer and better de-
mand is noticed but all offerings are very scarce.
Receipts only fair. Futures dull We quote:
No 2 white o. IT,. 4212
NO . white o. t..---- Az
40. 1 yellow, o. t--- 81
NO. z yellow. 0. G.- -...--.---. 40
No yellow o. t---- 4O12
No 3 mixed O. Z 42a1
MlXeo SOUND ear o. t Al
Oats-Futures and all gradable stock in good
request with light offerings Receipts fair, and
grading better. We quote:
No 2 white, f. o. 2Slo
Light mixed, o. t. ..-.-.......-......------- "a
Rejected, f. o. Observation-Disclosures. 81
Rye-No. 2, nominal.
Bran-Steady; $ll75 bid; with sellers at
$3.50.
Hay-Quiet; choice Timothy, $ls bid; No. 1
Timothy. 81. IS bid; No. 2 Timothy, &c. so; sell
ers at $40 so.
RECEIPTS BY RAIL PAST TwENTY-FoUR HOURS.
Wheat. bushels. ACKNOWLEDGEMENTS 10 800
Cnrn. DnSnelS O,OUO
Ootss puSne15- 1C,OOV
GRAIN IN STORE.
Sept. 8, 1885.