The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-10-23
INDIANAPOLIS MARKETS.


500. Receipts, 1884; shipments. 1880.
INDIANAPOLIS MARKETS.
A Healthy Trade in Progress I'm Most Depart
ments-Prices in the Main Steady.
INDIANAPOLIS. Get. %.
Careful inquiry among business men shows
that there is healthy volume of trade in prog
ress and no disposition shown to increase busl-
ness except in.legitimate ways There is some
complaint of collections. Still they easier
than month ago. On all sides there is evil
dence that money.is going into more general USE
This may not mean that we are now enjoying a
high degree of prosperity, but it does mean that
the country has passed from the depths of de-
preston, and is now on the road to better times.
Good times and stagnation never go together,
even If activity may not be inconsistent with
what is known as hard times. Idle money like
idle machinery and idle labor is always in1ica-
tive not only of the Improbable nature of bus
mess, but of the distrust and almost hopeless
ness with which the future is looked forward
to. But just so far as money, machinery and
a degree of confidence and hopefulness
which is not to be discouraged by whatever
obstacles may have to be overcome. The grad
ual withdrawal of money from the great reser-
voirs which have held it for safe keeping for SO
long, is, therefore, an encouraging symptom of
the times, and any Improvement in business and
in prices however slight it may be as yet, is inn
portant as forming basis upon which the super
structure of prosperity may be raised IN que
time. with more money in use, more business
will be done in the various departments of trade
m ind iris wi a
more money will, in consequence, go into the
hands of the people, which in turn will naturally
tend to sustain or further stimulate trade. The
railroads and the great transportation lines of
the country will also be favoraby affected by
the growth of business, and in their prosperity
the people will all have full if not always di-
rect share. In the local markets the fiuctuation
In values thus far this week, and, in fact
for month past, have been few
The -four market is still sluggish although
prices seem firm The Boston journal says the
flour market has become rather quiet again. and
the trade are holding back in anticipation of
lower prices, but it appears to as that this con
dltlon OF things will not be realized this year
Flour is now lower on the seaboard than it can
be produced, and what more expect2
This applies more particularly to winter wheat
brands. Wheat has been unsettled during the
week IN speculative markets, but in Western
markets, at points where millers purchase sup
plies, there has been no change The advces
character previously noticed. The trade there
feel that prices will be higher later in the season.
but are Indifferent about buying, and, like the
trade on this side, are carrying comparatively
small stocks The market has been running in
the low-priced rut so long they cannot realize
that change for the better is possible In the
meantime flour is being largely consumed.
GRAIN
The local market braced up somewhat to-day
The Board of Trade Price Current says of wheat:
Prices are a shade frmer, with general feeling
dull. Futures, while they show some interest.
yet dealers touch them cautiously and very little
speculation is seen in local circles. We quote:
No. z Mediterranean. ACKNOWLEDGEMENTS 90
30 90. . req, o. e...---- 20
Ocoooer, o. 6--------- Observation-Disclosures Jig
Corn-In good demand, under light receipts
and at shade better prices Futures dull Mar
kets elsewhere from &c to &c better. We quote:
no. l white, 0. t-.----. 4412
No. yeipoW' Q. AZ
NO z yellow, o. AZ
No. z mixed o. Observation-Disclosures. d 10
NO. 3 mixed o. Observation-Disclosures. 4O1o
New November, Q. OBSERVATION-DISCLOSURES. 80
Oats-Steady at quotations with good local de-
mand and light receipts. We quote:
No 2 white, o. to- 2Sle
Iaaiont.1 ,uh;to 90 90
heyecteo whlte, o. D. 70
Rejected mixed, o. Observation-Disclosures. %
Understandable o. t.-----.----.---..-....--.. 20
October, OF. NEUTRALITY-SUSPICIOUS. rs
Rye-No. 2, nominal.
Bran-Steady $11 bid.
Hay-Choice timothy. $l2 bid, held at $12 IS;
No. timothy, $l1 bid; No. 2 timothy, $40 bid.
RECEIPTS BY RAIL PAST TWENTY FOUR HOURS
w neat, pushels OBSERVATION-DISCLOSURES $500
Corn. bushels Observation-Disclosures. 2400
Oats, bushels $500
STORE
Oct. 81 1885.
Wheat Corn. Oats. Rye.
- =
Elevator A. 109, 500 1.129 14,O0Oi 900
Elevator b.. 80. 900 1.50Ol 10000
I'M 90 n Arl oAUI