The Indianapolis journal., 1885-04-08
INDIANAPOLIS MARKETS.
The Situation Still MonotOnous in Character
Conservatism the Hobby.

The Situation Still Monotonous in Character
-Conservatism the Hobby.
THERE'S so little change in the commercial situa-
ton from day to- day that to write anything strik-
ing.y new would seem impossibility. On all
sides conservatism is the leading characteristic
Country merchants are regulating their pur-
chases by the amount of money that they can
command, taking no risks. In some departments
there has been trfe more inquiry, indicating a
disposition to replenish exhausted stocks and
provide for the increased requirements of the
spring demand, but thus far nothing has trans
pired to impart spirit and snap to the move
ment, either here at the other important dis
tributing points East, West, or South. In 9TH
er words, the volume of domestic trade has been
measured by the hand to mouth requirements
of dealers and consumers, who continue to carry
light stocks and buy only a. their wants arise.
Speculation has likewise lost spirit for the mo-
ment, and the exchanges have all reflected
listless feeling well as general indisposition
to enter into fresh operations. The New York
Shipping List says ''The country is still work
ing out the problem of liquidation, and the exer-
| else of patience until this has been accomplished
is necessary virtue at the present time. Still,
tho situation is by means hopeless; paradox
ical as it may seem the country is daily increas-
/ ing In maJeflal wealth., the elements OF prosper
| ity are ever present, but their development has
| been checked, and a readjustment that has be-
| come necessary is now steadily in progress"
! Locally, there is little that is to-day. For
hog products, the demand continues light. but
with warmer weather an improvement is looked
1 for All descriptions of the hog products are
| from 80 to 40 per cent. below the prices of the
same time last year. The produce markets
are fairly active. Budd & Co., in their circular
of April 7, say that receipts of eggs are not so
| large, but with Faster over the demand will not
| be so great We look fora steady market at about
| our present quotations for some time. Butter,
very little good roll coming in. Solid pack and
| old held stock slow sale Poultry steady at last
| weeks quotations So far as prices are con-
| cerned, the grocery market is fiat; both sugars
| and coffees ofish, and some shading of quota
| fish markets are sluggish Grocers, however. in
| the aggregate, are obtaining fair volume of
| business.
The local market was in a stronger position
to-day. Dealers bid with spirit and even showed
considerable interest in futures. The Board of
| Trade Price Current says of wheat The local
| market shows decided improvement and all
choice grades will readily bring full quotations
| Cash deliveries are higher and the market more
| active. We note good local milling demand
for gradable stock. Futures are in better ship
| ping demand. but sellers of forward deliveries
fail to materalize. Visible supply report shows
| a decrease of 167, SIG bushels. We quote:
| No. 2Medterranean. o. t-..-.--........-..... S67s
No. Mediterranean, o. ACKNOWLEDGEMENTS. S5l4
NO = RED, o. f.- 30 .
| NO red o. t.------ ---..--.---.--.-.---------- y