The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-01-17
TRADE AND COMMERCE.
Signs of EncOuragement-TheI Industrial Sit
uatiOn Improving.

uation Improving.
INDIANAPOLIS, Jan. It,
Unquestionably the tenor of remarks of bust
ness men generally is of more cheerful char
acter Manufacturing industries are starting on
increased demand for their products Business
with the railroads is good, and with this will fol
low an Improvement in business genegally. The
New York Shipping List says 1.-THE industrial
situation is not without encouragement. De
mand antAsupply have, with scarcely an excep-
ton, become more evenly balanced, and in butfew
instances are surplus stocks and the efforts to
get rid of them, weighing down values. Adjust
ment is still in progress, but shutting down" is
not the prominent feature that it was a month OF
six months ago, while in not few idle factories
we read that fires about to be relighted.
Straws are significant indicators of the direc
ton of the wind in a calm, and consequently
these facts are of value in the present condition
of commercial affairs, however unimportant
they might be under more favorable circum
stances AS we draw away from the start
ing point of new year it is satisfactory to
find, therefore, that the-sound condition of our
finances. our wealth In agricultural products,
the favorable condition of our export trade, in
connection with the unparalleled resources of the
=
and bring about recuperation and health. 1t is
time for the overtimid to pluck up courage.
Values are down to low and safe level when
they are at or below the cost of actual produc7
ton, as is the case with a great many commodi
ties and in the very nature of things it is scarce
~ possible for shrinkage to so much if any
further Raw materials are cheap and manu-
featured goods are still cheaper. For the pres
ent, railroad building win not be carried on for
the purpose of selling bonds. for the simple rea
son that there is no market for bonds The water
has been pretty thoroughly squeezed out of Wall
street, and there is more good and substantial in
yestment material there now than for many
years past Locally, there is fair trade
in progress, and January business
decided Improvement over the month of Deem
Der, or the corresponding fifteen days of 1884
In the grocery circles there is little new to note
Prices are firm at quotations given. The firm
ness in sugar is attributed to the lighter pro
duetion of the refners. In the produce market
eggs are firm at the recent advance and receipts
lighter. The market is again flooded with but
ter. One house to-day sold 5000 pounds of good
stock at twelve cents per pound Receipts of
poultry are light and prices are SITTER although
not quotably higher. Both apples and potatoes
are higher.
GRAIN.
The local market possibly owing to bad wealth
er, was tame to-day. Wheat ofish in price:
corn and oats, however, strong at quotations
The Board of Trade Price Current says of wheat:
Rather dull Quotations have shaded of from
yesterdays prices. Choice grades fail 90 materi-
alize in very large quantities. Receipts continue
light Futures show some inquiries but no of
ferings Of forward deliveries. We quote: