The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-08-27
INDIANAPOLIS MARKETS.
Trade Fairly A~ctive-Prices on Most Articles
F~irm-NIoney in Good Demand.

Firm.-Money in Good Demand.
INDIANAPOLIS, Aug, &c.
The better demand for money is evidence that
business is improving, and the irmness of prices
in many lines of goods is another indication of
improving business, and it is admitted on
all sides that there have been few, if any,
periods when the general business of the country
was conducted on a more substantial and con-
servative basis than at present. Reckiessness
has been at a decided discount for many months.
Country merchants have been exceedingly
cautious in their purchases, and the quantity
of stocks in their hands is unusually light.
AS a rule, collections are reported to be
remarkably easy and regular. Buyers have
been ordering only what they could promptly
pay for. The increase in orders has. therefore,
been based on substantial indications of
an increase in the demands of consumers.
The extent and range of the Improvement, how
ever, may easily be exaggerated. 1t is scarcely
to be expected that a booming period is near at
hand, or that an advance in price and increase of
demand will speedily occur in connection with
all classes of articles. There are excellent
reasons for the belief that the worst stages of
depression have been passed. so far as the main
body of important American interests were
affected adversely. One of the beneficial signs
of positive significance is a decided increase in
the sales of wholesale merchants of this and
other cities, and a moderate advance in the price
of a number of the staple articles they supply.
The activity in the wool market continues. The
Boston journal says: The most promising
feature of the market at present is the increased
demand for WoOlenS, and the better feeling that
exists among manufacturers. They are always
very reluctant to admit that there is any i'm
proVement noticeable, especially when they are
in the market for supplies of wool, but a decid-
eddy better state of things exists in the goods
market. The demand has improved for all sea.
sonable goods, and the business for some weeks
past has been fully up TO expectation. They are
encouraged to stock up freely, and will probably
continue to purchase largely as long as wool
can be obt aimed for present prices" Grocers
are having a big trade. The irmness in sugars
continues to excite comment The position of
the article is very favorable for still higher
prices, and the tendency is decidedly upward.
The latest reports from Europe make the
deficiency in the beet root crop about $50. 900
tons, and if later advices confirm the deficiency
there is likely to be a boom i'll the article. This
deficiency is much larger than the entire crop
of Cuba, and must influence prices in all the
leading markets. The circular of MesSrs. Will
lett, Hamlen & Co. says receipts have fallen off
from all countries except Cuba, and are now
1886 tons under last year in August to date.
Stocks in all hands decreased 7,543 tons. and
are now 20, S4S tons under last year, and have
ASSAN hONo LAcaI bhN ASANc IbAhN III NNdl -OtOt
tons. Home consumption keeps slightly ahead
of last year, and 70 still expect the usual
increase before the end Of the year. The
receipts of the week at the four ports have been
II, 1880 tons, against 16, 653 tons in 1884. o de-
crease OF l 500 tons as compared with 1884. The
deliveries of the week have been Is. 267 tons,
against 1913 tons in 1884, an increase as COM
pared with the last year of LAG tons. The
deliveries since Jan. l have been 739, 697 tons,
against 687, 607 tons III 1884, an increase as com
pared with last year of 81, 002 tons. The con-
sumption of the United States. through the four
ports. since Jan. l, exports deducted, has been
62l, 042 tons, against 603. 553 tons in 1884. an
increase as compared with last year of II, 489
tons.
The local market is in a stronger position, al
though not ~quotably higher. The Board of
Trade Price Current says of w~heat-Choice No.
2 red in good demand; other grades are more
quiet and in less active demand. Futures dull
and heavy. Receipts are more liberal than yes
terday, sixty-three cars showing upon inspectors
report. We quote:
Rejected, o. ~
August, o. 80
Corn-We note an improvement in all grades,
both in prices and feeling, with quite an active
local market; sales of No 2 white made on call
at 44ac, and No. / white at Acc, track. Futures
lIlSAcoS. ASeScAPNo AdlIAy AlUSEdI. we queue:
No. . yellow, o. 43
No. 3 yellow. o. AZ
No. i mixed o. AZ
No. 2 mixed, o 42l2
No. 3 mixed, o. Al
Mixed sound ear, o. AZ
White sound ear o. 4312
~Oats-Steady at quotations with good arrivals,
but grading badly. We quote:
No. 2 white, o. 26
Mixed, o. "a
Rejected white, O. 20
Unmerchantable o. &, Is
Rye-No. 2, quiet; held at SOC without buyers,
Bran-Quiet; 81. 80 bid, no sellers.
Hay-No: | timothy, $ll.5 0 bid; No. 2 Tim
othy, $40 bid
RECEIPTS BY RAIL PAST TwENTY-FoUR HOURS.
corn. puSheLs- 10. 200
Oats, bushels 44,4OO
GRAIN IN STORE
Aug. 25, 1885.
Wheat. Corn. Oats. Rye.