The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-09-23
INDIANAPOLIS MARKETS.
The Improvement i'm Business Still Continues
-Manufacturers All Busy.

The Improvement in Business stin Continues
-Manufacturers All Busy.
INDIANAPOLIS. Sept o.
At home the volume of trade is highly salts
factory and from other commercial centers all
advices agree that the improvement in business
throughout the country, noted with much
satisfaction during the last two months, is fully
maintained. The amount of busiI IS transacted
in nearly all descriptions of merchandise is now
very large, and has increased the west-bound
traffic of the railroads very considerably, which
is the more fortunate, as the railroads receive
better pay for this service than they are getting
on their east bound business In manufactures
ofeail kinds, activity remains undated, and
orders continue TO come in with steadiness.
The market for cotton goods is stronger and in
wool and wooden goods there is satisfactory ad-
vance, with better margins for the manufac-
turers than they have had for two years past
The wool clip of the country is reported to be
ABOUT ~ per cent. short, and since the begin
ming OF August raw wool has advanced about Sc
pound; as result, wooden cloths are tending
upward. The provision market is still under a
cloud, but in this market with the exception of
lard, holdings are meager. Grocers report
continued strong and somewhat excited sugar
market. Refners are all oversold. and stocks in
hands OF Joboers, rot only here but throughout
y,
are SO low on stock that they are obliged to bor-
row and buy as best they can from their neigh
bors. It's expected that there will be good
trade In sugars for some weeks to come Both
butter and poultry are weak at quotations.
The egg market is barely steady on
increasing receipts. Apples and potatoes are in
large supply and prices range lower than at the
corresponding period for many years. We are
now at the close of tbs third week in September
and the corn crop is made. There is very little
has
biggest and best crop of that ever was
raised on the face of the earth. The Cincinnati
Price Current, "a good authority, has reports
which indicate that the present corn crop
quo bushels-an increase of 1875 1000 900
bushels, or nearly IL per cent over
last year. From the 18th to the 18th inst, the
date OF most of these returns about three-fourths
OF the crop in twelve of the Western States,
which produce II per cent. of the entire crop,
was out of danger from frost. Ten to fifteen
days more will render the remaining portion
safe; that is to say, with the present favorable
weather. after the 25th inst, the danger line will
be crossed. The ingathering of nearly 300 600 900
bushels of corn Is the most potent fact of the
year in the realm of our material welfare. 1t
affords broad, solid foundation Cor the com
merce OF the coming year to rest on, and what is
of even more Importance at the present moment,
it tends to do away with doubt. distrust and hes
itation In the public mind to re-establsh hope
full sentiment and to set people at work, pro-
ducing, consuming and trading with each other.
GRAIN.
The local situation is unchanged. Dealers are
taking hold freely on short stuff, but touch fu-
lures cautiously The Board of Trade Price
Current says of wheat-In local circles we note
about the same condition of strength and aetiv-
ity as yesterday. No. 2 red is &c higher and the
general tone, in sympathy with other markets. is
firm iuo fow f,fu INIT offo
ings. Receipts light We quote:
No. 2 Mediterranean o. Observation-Disclosures. 81
No. Mediterranean. o. t------.-----.-----.. 80
NO. . req, o. t-.-'.- SOA2
10 D red o. L. 90
september o. t----. ~
Corn-Firm at quotations with rather quiet
feeling. Receipts show up little better than yes
terday. Futures dull. The effect of a general
free movement and light receipts Of this cereal
is In the large decrease in the visible supply
of 100000 bushels. We quote:
No. white, o. ACKNOWLEDGEMENTS 40
no. . yeilows o. t.----.----- 10
No. 2 mixed, o. t. 4312
Sound ear o. t. Al
Oats-Firm: fair local demand, with offerings
more free. Weqnote
No. 2 white, o. 29l2
Mixed o. e. 20
Rejected, o. -----..---.--------- 22a4
Rye-No. 2. nominal.
Bran--Steady; $l2 f. o. b. bid; held to ar
rive at $l275.
Hay-Quiet; choice. s12 so bid. held at $500
No. timothy, $l2 % bid. no sellers No. 2 tmo-
thy, $40 so bid.
RECEIPTS BY RAIL PAST TWENTY FOUR HOURS.
corn onsheis IOO
Oets, Dusnels- --------"..-.-. 5000
GRAIN IN STORE
Sept. 81, 1885.