The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-10-14

to expectations. The head Of a prominent iobbing
house said: Our trade is not so active just now
as it was in August and September. but it is as
large as | expected. The fact is, it came very
near being a boom, which is to be deprecated.
/ think that the retail trade is good,
and that it will continue brisk during the
fall and early winter. because the people are
now more generally employed and are earning
more than at any time for nearly three years.
When this is the case trade is always good. The
people who depend upon their labor give the
country its trade" Other wholesale men say,
in effect, that during August and the first weeks
or september retailers came into the market
with greater confidence than they have had for
four years and purchased literally. This gave
decided impetus to trade, and the distribution
OF goods was very large. These stocks are now
IN the hands of the retailers and are being dis
posed of. The weather during September and
up to within a few days has not been such as to
hasten trade, and until this first purchase of
goods is reduced there will be a slower move
ment in first hands. 1t has always been so. The
retailer stocks up and orders only to keep his
stock good. If there were no stocking up after
such early purchases, the buying would be spec
ulatlve and the trade unnatural and unhealthy.
The general opinion of men who are in a position
to know about the prospects of trade is that the
outlook Is encouraging and that there is nothing
In the present aspect of business to cause dis
couragement. The movement of goods is large
for the season, and the distribution appears to
be based upon a healthy demand and devoid of
mere speculation. AS regards prices there is
little new to note. In groceries,, sugars are
steady, but not so strong as last week, while
with cotfeeS 1t is exactly the reverse, they being
steady, with a tendency to an advance in prices.
The provision market is what John Blake, secre-
tary of the Board of Trade, would call ''slumpy."
In this market stocks, however, are well reduced.
There is some lard and q few sides. The prod
uce market is active. Receipts of vegetables
are lighter and prices frmer. The poultry mar
ket shows more strength, and choice butter
meets with a more ready sale.
GRAIN.
The local market was in a somewhat stronger
position to-day than on Monday, yet dealers ex-
hibit a lack of confidence in their bids, more
especially for corn, the impression prevailing
that prices are gradually to go lower. The Board
of Trade Price Current says of wheat: The
markets are a shade better, with good demand
for cash deliveries. Sales of No. 2 red made on
call at csc on track. Receipts light. Futures
steady" We quote:
NO. 2 Mediterranean. o. .--..-..-.----.-. SO
NO. q red, 30
No. 5 red, o. %
October, o. 90
Corn exhibits weakening prices. with fair in
quiries at quotations. Futures quiet and receipts
small. We quote:
no. white, o. 44l9
NO. z white, o. 42l2
NO. L yellow, o. 43
No. 2 yellow, o. 424
No. . yellow, o. Al
No. 2 mixed, f.. o. AZ
Mixed sound ear, o. AZ
New November, o. %
Oats firm and all grades in good demand. We
quote:
No. 2 white, o. 294
Mixed, o. 2512
Rejected, o. 2412
October, o. 25
November, o. %