The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-01-01
TIE GRAIN TRADE.
It Has Been Smaller than During Previous
Years-Hopine for Improvement

It Has Been Smaller than During Previous
Housekeeping for Improvement.
The grain trade has been rather unsatisfac-
tory The wheat receipts have been of bad
quality, and the unusually light crop of corn in
the country tributary to the indianapolis mar
ket has affected the operations of the local deal
ers, hut Notwithstanding the disadvantages with
which they have had to contend, an average
business has been done. There was decrease
of the receipts of wheat and the secretary of the
Board OF Trade says: Prices having almost stead
lily declined throughout the year, the business has
been difficult one to handle properly and yet,
owing to the efforts made by our dealers they
were enabled to dispose of the inferior qualities
received at prices that not only made reasona-
bic profit to themselves. but netted the shippers
to indianapolis more money than any OF our
competing markets"
Owing to the poor corn crop in 1883, the vol
nne of buslness in this cereal through Indian
apolis dealers has been somewhat contracted,
but heavy receipts are now being received and
the prospects are that there will be q profitable
srade. The bushels of grain received at the In
dianapolis elevators during the year were as fol-
lows:
gSorsF.-.-- -.-.-,-.-..--.----..-- S34I 500
SAls- 1.9I4,S56
NEUTRALITY-SUSPICIOUS.. $1,000
Total bushels. ACKNOWLEDGEMENTS 65l 597
Mr.. Fred P. Rush says that the trade has not
been up to the average lowing to the poor
quality of receipts from the West,
where the great bulk of the crop
comes from. Good wheat was raised east and
11orth, but the crop is not tributary to the In
aiaDapois market"
Corn Mr.. Rush says. 'shas moved slowly ON
account OF the low prices, and in the last three
weeks the bad roads in the country have him
defed Its movement l look for an active move
ment of corn, however as soon as the farmers
Fan bring it to market. The present prices will
be sustained, bat if there should be a decline OF
tWe or three cents on the bushel the farmers
will be likely TO hold 10 for another rice
The oats crop, which has always
been profitable to the indianapolis dealers
IL of only fair quality this year. and it is moi
what it was expected that it would be before the
harvest The rye crop is smaller than it was
EVER known to be before
do you think there will be any rise in the
prices on grainl'
4 ESHect better prices on all grains, especial.
liz on wheat. The poorer quality has been sold.
The farmers who now hold crops will not sell at
present prices. Those who have sold were
forced to from need of money The crop next
year will not be large. The farmers haven't
sown as much as in the previous year
by from Is to 20 per cent Europe hasn't
as much wheat on hand now as in former years,
and think that they will be glad to take our
breadstuff at good prices. There will be an advance
IN price. think. of ten twelve or fifteen cents
twenty cents-in Indianapolis in the
spring The dealers who have pulled through
this year without losses will come out aheat.
next year | think that there will be decided
change IN the trade for the year.