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

A Slow Trade in Progress-An Improvement
Looked for in Couple of Weeks.


INDIANAPOLIS, Aug. z.
Summer lassitude broods over the merchandise
markets, and Indianapolis is no exception.
Prices IN the main rule low and are steady.
Occasionally some article shows an advance, as
has linseed oil in the past days. This article
for months past has been selling at the lowest
price in the history of the trade. There
eighty five crushers of linseed oil in the United
States, Ohio possessing the largest number 1t
is doubtful if some of them could continue bust
ness throughout another season as dull as the
last. The demand for oil has been much cur
tailed and the amount of painting has been
much less. The price of seed, on the other hand
has been held with sufficient steadines not only
to eliminate profits. but, in many cases, to
insure loss to the crushers, who have found
themselves between two mill stones. Efforts
are continually made to regulate the demand
and supply, and there is pool of Western
crushers, but their efforts hitherto have not
been very successful 1t is now proposed to
pool the interest of the entire trade, purchase
the entire supply of seed by the syndicate pro-
cess, and then dictate prices. The success of
the plan is dubious There is no foreign compe-
titon on lnseed oil, as the duty, % cents a
gallon, is sufficient to exclude it as long as the
price remains below 60 cents gallon. GrocRrs
report coffees triie frmer. The new crop of
Rio and Santos coffee is just beginning to come
in at Rio and Santos. The crop of Rio is
variously estimated at from 8, 500 600 bags to
100000 bags. The amount of old crop left
over from last season is placed at about 2 10000
bags. The new crop of Santos is est
mated at about 1000, 900 bags. No esti
mate made at the present time can be
accepted as reliable but as the reports from
the producing sections have been very favorable
for some time past for a large CROP and
as the estimates at the opening of the year are
generally rather under than over the actual crop
it would be safe to place the crop at 600 600
bags, or above. This, with the stock OF old left
over would make the total supplies for this year
range about $500, 600 bags The crop year be-
gins July l, it is about that lie that the new
Brazil coffee begins to come in, and as three
fourths of the coffee consumed in this country is
of Brazilian growth, the coffee season in this
country extends from July to June 80. During
the season ending June 80. 1855 the trade for
Brazil coffee in the United States has been I'M
satisfactory. The demand throughout the year
has been mainly Of hand to mouth character.
and while the consumption has increased, the
prices show steady decline since September,
and the margins of profit have been lessened.
AT the opening of the season the visible
supply of coffee was, including the stocks
at Rio and Santos, 3, 1893 287 bags,
against 1884, APO bags July 1, 1888 Sugars
are in good demand. Prices barely steady. The
break in the provision market seems to have
been checked, and prices frmer In the pro-
duce markets there is little new to note Apples,
potatoes, tomatoes, cabbage eggs and poultry
all in large supply, and prices tending down
ward. Choice butter is in better demand. Prices
| rule stronger. Lemons are away above normal
! prices The Importation to this country last
week amounted to only Is. 900 boxes. The week
| before. 40 600 boxes arrived. The prospect is
| they will reach figures higher than have been
| known for many years. The advance is due to
| the enormous consumption owing to the ex-
| tremely hot weather The fruit is now held at
! from 81 to SO q box with some very fine speci-
| mems at $l2 Unquestonably more lemons have
been used this summer than ever before. Lem
ons are largely used for medicinal purposes and
| their use in hot weather for various complaints.
| as well as for luxury, is becoming greater and
| greater every year
The Board in common with other Exchanges
| throughout the country will hold no session to-
| morrow Ill consequence of the funeral services
| of General Grant.
| For spot stuff the local market is strong and
| dealers show considerable interest. The Board
| of Trade Price Current says of wheat: All prices
for cash deliveries rule about the same as yester
| day. Receipts very large and considerable
| quantity failing to grade because of bad thresh-
| ing and rain Care of wheat after cutting and
| cleaning it well will always pay the farmer.
No. Mediterranean, o. Observation-Disclosures. Oslo
| No Z red, Q. 1914
| No 3 red o. ACKNOWLEDGEMENTS 9Ol2
| Unmerchantable, o. 80
| August, o. Observation-Disclosures. 95li
| September, o. 90
| Corn-Local markets are firm. with a good de-
mand for all offerings. Sellers few and futures
dull and weak. Receipts fair We quote:
No. white, o. t.-- AZ
| No l yellow, O. 46
No. yellow, o. t------ 40
| No mixed - 4612
No 2 mixed, sales, o. t.--------...-....--..4 512
| No mixed, o. al
| Oats-Small quantities wanted at firm quota
| tons. Futures dull and weak. We quote:
| No white, o. %
Mixed, o. u 70
| Rejected, o. IT, ----------------------- -
August o. IT, 24l2
| September, o. t.. "a
Rve-NOminaI
| Bran-Dull; $l1 so bid.
Hay-No l Timothy, dull; $11. so bid
RECEIPTS BY RAIL PAST TWENTY FOUR HOURS
Wheat bushels. ...---.----..-.-.....67 800
26 100
GRAIN IN STORE.
Aug. 6, 1885.
Wheat. Corn. Oats. Rye.
Elevator A. 80. "a Cos 21609 $40, 343 772
Elevator b. 1O.!fUO 9I4lI ZSH
CAPITAL Elevator 10000 $500 $500 .-..-.
Elevator d.. Zl,OOOI - 5000
Total. --.--.. llZS, oIl 80, Z0OE "A, S43 IO71
Correspon' z day
last year"---.l 6ISOO 1O,6oOI Z,oOOE 5000
The JObbing Trade.
CANNED GOODS.
Tomatoes Two-pound cans, 750SOc; 3-pound
9Oc 40. Peaches-Standard 3-pound 81 65 q
ZOO: 3pound seconds, $14001 go: 2-pound stand
ard 81 3O01.40. Corn-leevere. 81 10; McMurray
ST. % a 100. Blackberries--Two- pound soc 0$1 10
raspberries 2-pound, Sl.l00l.20; pineapple stand.
ard 2-pound, 81 60O2.5O; second. do. 81 % 1.}5;
cove oysters 1pound full-weght 81 % a 10: light
80 065c; 2-pound full $l.8O0l95; light, $1.0J
l.20; string beans, 95D95c Lima beans, SOC 0S1 30
neas marrowfat Toe QS1 zoe 80; small S20
gooseberries, 90095c.
COAL AND COKE.