The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-07-27
INDIANAPOLIs MARKETS.
A Summer Tameness Brooding Over All Mar
kets-CollectiOns Easier.

A Summer Tameness Brooding Over All Mar
kets-CollectiOns Easier.
INDIANAPOLIS, July Is.
The markets are tame and merchants are tax
ing things easy as the expression goes, during
the heated term. Bills maturing in July have
been met with commendable promptness and an
easy feeling, comparatively speaking, is noticea-
BILE ID the money market. Chicago papers state
that at Chicago it is a common feeling that the
lowest point for money this season has
been seen. More inquiry from merean
tile borrowers is reported With the
heavy load of idle capital now on hand.
there can be no very rapid advance in rates. but
the impression is that there will be o general
drain on the resources of the bankers that will,
by the middle of the autumn, take up about all
they will care to loan. The egg market con-
tinues duh and weak, although we make no
change in quotations; it is possible, however,
the rates quoted would be cut to large buyers,
which are very scarce at present. Choice
creamery butter in fair demand and steady at
prices quoted Live chickens coming for
ward more freely, but prices are fully
sustained. The consumption of potatoes is large
and increasing, but the receipts continue large
and prices are no better. Lemons scarce ard
higher; there has been an advance OF So 03 per
box IN the past few days the Improvement may
be attributed largely to the not weather. Water
melons Ill demand and higher, with very scant
supply. AL kinds OF berries and vegetables in
fair demand at prices quoted. The indianapolis
Grocer of day says: The markets are al
most bare of bright points for illustration. The
sugar trade is now one Of growth in the di
rection of pounds consumed. but not in growth
of price There is fairness in sweets
which even prolific fruit season
does not wholly wipe ont; the changes are
in sixteenths and eighths and hardly compensate
for the carrying of more than the most meager
assortments. Coifees are between wind and
water; there is element of strength having
for its purpose the crushing of the market, but
the mass of dealers are in opposition to a break,
and the pull Is SO near an equal one that prices
remain stationary Canned goods are looked
upon with distrust; the doubtfuness of full
stocks merely for winters trade is checking
the ambition Of SPECTATORS the experience of
years has proven the fo0lishnesS of futures
Dealers that consult their pockets think twice
before buying once Every year adds one to the
theory of light purchases and frequent invoices.
The rice frenzy failed to produce its little boom.
and it can now suck its burnt fingers in sullen
retirement: the retailer and consumer were wise
IN letting the Southern wish come to grief; rice
was high enough; it is not deserving of more
than IL received. Cheese must do better: prices
have been forced too low for profit Prunes go
slow; there is chance for higher market.
Evaporated fruits are thing of the past. Fish
are no longer wanted; the season has been one
of disappointment and Improbable returns"
GRAIN.
The grain markets are tame all along the line
The Board of Trade Price Current says of
wheat: Local markets show very little ife
Sellers are shading prices. while buyers are
bearshly inclined Receipts continue liberal,
and it seems to be the belief that in the absence
of corners and foreign wars, booming quotations
are not very probable. Locally, futures are dull