The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-07-08

Considerable Activity Noticeable - A Good
Business in Prospect for "a Summer Month.


Business in Prospect for Summer Month.
IKpIANAPoLIs July 7.
Inquiry in nearly all departments shows that
trade for July is good. Taking account of stock
is well over and while the results of the first
six months of the year are disappointing, dis
position is shown among merchants to roll up
their sleeves and endeavor, on the last half of
the year, to make up the shortcomings of the
preceding six months. Three points in favor of
trade admitted even by the chronic grum
blers. First, the wheat crop is to be larger and
of better quality than has been anticipated in
this State. Second, seldom is there a heavier
oats and hay crop than that about
to be gathered. Third, never in
in early July was the corn crop more promising
Bradstreet's has begun the preparation of quar-
terly reports of the visible supply of grain and
-four in the United States and Canada. About
fifty points of accumulation are covered by this
report, and the stocks are therefore shown to be
much larger than by the New York or Chicago
reports. According to Bradstreets there was IN
sight July l. As, 196 6G7 bushels of wheat, against
53,5I4, 402 bushels April l; 6794 922 bushels of
corn, against 10 439 GA bushels April l. 3 672 0S0
bushels of oats. against 8 SIS S21 bushels April l.
l64 IA bushels of barley, against l. 559 500 bush
els April /; 256 100 bushels of rye against sos,
l..
given as follows:
July l. 1851, $50. O21lJuly 1. 1884. s29552
April l. 1850 1873, 1913 April 1, 1S84...1. 1873 SOC
JAN l, 1SS5...1 $50 OLDHAM. l. 1854 III, SOL SIS
oct. L, 18S4.... 936.459
In the local markets prices show but few
fluctuations There is frmer tone to the
sugar market, while other articles in the grocery
line rule steady, but not specially strong. AIhe
provision market is taking better shape. There
ls an increasing demand for sugar cured meats,
and prices range somewhat higher The poultry
market is hardly strong as last week; eggs
sell slow; choice butter meets with more ready
sale; new potatoes plenty and cheap; old pota-
toes about out of the market; small fruits still
scare; prices ruling strong
GRAIN.
The following special notice has been issued
by the Board of Trade:
Upon recommendation of the grain commit
tee the board of governors at their last meet
ing adopted rules making it obligatory upon
members of the indianapolis Board of Trade to
have all their grain arriving in Indianapolis in
spected grain actually in transit and not I'M
load ed IN city, and ear corn, only excepted. Any
member refusing to comply with this rule
shall be reported TO the governing committe for
suspension or expulsion.
Fees for the inspection of grain were estab-
lished as follows: Members of the Indianapolis
Board of Trade shall be charged twenty five
cents per car for in inspection, and fifteen cents
be charged 81 per car for i'm inspection, and
fifty cents per car for out inspection.
''These rules to go into effect on and after July
Is, 1885"
The local market was in much the same posi-
ton to-day as on Monday. Corn was trife
frmer. Bidding on Change rather tame The
Board of Trade Price Current says of wheat:
We fail to note any improvement either in feel
ing or prices BUYERS are contented with salts
flying present demands and are not anxious to
to invest in forward deliveries. Receipts very
light Futures weak. We quote:
No. Mediterranean 0. t..-....-.-.........- 9412
No. Mediterranean, O. t-..-----.-.-.----. "a
NO. req, o. 80
30 D red, o. ---.---------------- %
my o: u ~
August, o. IT, ~ q
Corn-Prces steady, and under light bidding
sOme what firmer. Bids confined to spot ship
ments. Futures dull and not wanted. We
quote:
No. white o. 81
NS69 yyesiitoHw, g. g. AGA
No yellow, o. t..-----.------...------.- 465s
No. mixed o. Observation-Disclosures. As 81
No. . mil ed, o. t.. a.
Oats-Small lots in fair demand but feeling
generally dull. We quote:
No. white o. IS
Mixed, 0. Observation-Disclosures. 33
August, first half o. ACKNOWLEDGEMENTS 26
Month of August, OBSERVATION-DISCLOSURES. rs
Rye--No 2 nominal
Bran-Quiet; $l2 so f. o. b. Did, no sellers,
Shipstutf-Dull; $12 bid held at $l3
Hay-No. Timothy quiet; $13 80 bid, held at
$14
GRAIN IN STORE