The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-10-08
INDIANAPOLIS MARKETS.
Trade Little Off at Present, but the Dull
ness Thought To Be Only Temporary.

Trade q Little Off at Present. but the Dull
ness Thought To Be Only Temporary.
INDIANAPOLIS, Oct. z.
Trade is little off to-day" was the more
common remark of merchants as you passed
through the various markets. The dullness
however, is to be but temporary, it is thought
SO many merchants who were in the city attend
ing the State fair purchased goods freely that a
slight reaction might be expected All things
considered, it is no exaggeraton to say that the
outlook for trade for some weeks to come is very
fiattering, more so than for many months past.
The demand, however, is hardly as great as
for few days past, as the canning
OF fruits season is we'll over. Willett Hamlen
q Co., In their circular, say, Meetings in Septem
Der were great as last year and the demand
for refined holds good with fluctuations in prices
during the week up to 7sc and down to &c for
granulated. closing at 6sc. Export Of refined
has virtually ceased In fact, it has been owing
to conditions quite independent of any bounty
question that the export of refined to Europe
has been so large during the past year or two.
Sugar in Europe rose in price so per cent, while
prices remained nearly stationary here. and re-
fined was drawn to the United Kingdom simply
because it was desirable kind of cheap sugar,
bounty or no bounty, and not specially because
twas cheap on account of bounty and wanted
in the United Kingdom. 1t was not needed, and
went on storage largely, like any other sugar
Now, even before prices in the United States
have reached the parity of Europe, refined is no
longer cheap for export, and the export ceases.
In the East the market for Rio coffee has ad-
vanced, and sc per pound is now fair Quota
ton for fair cargoes. The business has 7(sen
more active. East India descriptions have Also
been in better demand and prices are steady and
firm, but special activity to notice. In teas
there is an active movement with frmeP prices.
Amoys have been advanced cents and Formosas
l cent per pound. Sales have been in both lines
in invoices and the market generally closes with
an improved tone Japans have started up
little, and low grades are particularly strong. In
the produce and provisions market there is
nothing new"
The local market is in a stronger position than
on Tuesday. Dealers show more interest, and
bidding on Change was more spirited. The
Board of Trade Price Current says of wheat
No evidence of weakening either in prices or de-
mand for No. red spot delivery. Light receipts
and active milling inquiries have toned the local
markets Sellers either haven't stock to offer or
prefer to hold for better prices. Futures steady
but nominal Markets at other points are irmer
and higher. We quote:
No. 2 Mediterranean. O. t................ 95
No. Mediterranean o. Observation-Disclosures. "a
No. req, o. t.'-- ~
no . req. O. t---- --.---------------------- "
o. D.
Corn-Market might be quoted as firm and
active, and while no advance in quotations is
ticed, yet demand under light receipts is good.
Consumers are combining purchases, however, to
present necessities, in view of the near approach
of the coming crop. We quote:
No. white, Al
No. white, o. t, 4212
NO. . white, o. t-- Al
No. yellow, o. ACKNOWLEDGEMENTS Az
No yellow, o IT, Al
No yellow, o. t-----.-----..---.--...- 4Oie
No mixed, o. 41lo
No. mixed, o. 40l2
Sound ear, o. ACKNOWLEDGEMENTS Al
Oats-Offerings and receipts are light and cash
prices are frmer. We quote
No. 2 white, o. Observation-Disclosures. %
Light mixed, o. Observation-Disclosures 2512
Mixed, o. t.. Observation-Disclosures. %
Rejected white o. %
Rejected, mixed, ACKNOWLEDGEMENTS. 23ls