The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-08-18

The Situation Certainly Brightening-A Fair
August Volume of Business in Progress.


August Volume of Business in Progress.
INDIANAPOLIS, Aug II.
For week past the Journal has noted from
day to day that general Improvement in bust
ness was in progress, and that the Belief is that
before the close of the month the improvement
will be more pronounced, and it is gratifying to
learn through Bradstreet that Indianapolis is
not exception, that in other commercial
centers trade is increasing Bradstreet. Of
August TO- says: Special kilograms to Brad
streets from leading business centers report a
continuance of the improvement recently noted
in the movement of staple dry goods, of wool,
and of boots and shoes. This is specially noted
at the East at all the larger cities At most
Western centers this is reflected in reports of
somewhat heavier movement of merchandise and
a moro hopeful feeling among merchants
Chicago states that Northwestern farmers are in
a fairly satisfactory position to make fall pur-
chases but the expected call for funds to move
the crops has not been felt there. The situation
is rather better at the South, where the bright
cotton prospects are encouraging interior merch-
ants to purchase in excess of earlier expecta-
tons. A widely extended inquiry by Bra6street's
among New England wooden mills shows that
there has been measurable revival in manu-
featuring, and that the volume of output is
larger. The increased amount of machinery
running is not offset by reduction in working
hours The returns also indicate that the cur
tailed production has been somewhat oyeresti-
mated The wool market continues quite active
The Boston Journal says the sales last week
amounted to 1876 500 pounds, including all
grades and qualities. Prices are very firm. In
some instances slight advance has been
obtained, and the tendency is decidedly
upward, although we do not look for
any material change at present Some
OF the principal holders decline to sell at
current rates but others continue to meet the
market and manufacturers able to obtain all
the supplies wanted at about previous rates
The market has now continued active for five
successive weeks. and there is indication of
any abatement in the demand We are not sur.
prised at manufacturers purchasing freely, be-
cause it appears to US that the market is at its
lowest point, and mistake can Do made in
stocking up now. when the assortment to select
from Is so large and desirable. In interior
markets the movement has been Of no irnport-
ance but the prices demanded are very extreme
In the local market there is little to be said of
importance. The lemon market is ofisn and
prices take another drop The poultry market
as well, is weak at the reduced quotations. Choice
butter is il light supply and higher. The sugar
market is strong at the advanced quotations of
the latter part of last week
GRAIN.
Tt was blue Monday in the local market. The
board of Trade Price Current says of wheat:
Weak, weaker, weakest Still on the decline,
and all along the line shows bad breaks. st.
Louis still holds up remarkably we'll under the
circumstances, although showing decline of &c
from Saturday quotations Local markets are
decidedly lower and weaker; all grades touched
lightly, and marked concessions made by sellers
Futures dull, weak aud lower. We quote
No. 2 red, O. NEUTRALITY-SUSPICIOUS.. 80
No. 3 red o. NEUTRALITY-SUSPICIOUS.. SIS
September, o. IT, 81
Corn-Weak, and all grades lower Sellers are
more anxious to dispose Of stock, and buyers are