The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-04-28
INDIANAPOLIS MARKETS.
The Week Begins with Fairly Active Trade
The Situation Steadily Improving.

The Week Begins with Fairly Active Trade
The Situation Steadily Improving.
INDIANAPOLIS, April 81. 1885.
So we'll does the last issue of the Indian apois
Grocer cover the business situation that we re-
produce its remarks quite fully. The Grocer
says:
lit is no longer an optical delusion, this look
ing at growing trade The bare facts prohibit
such a conclusion. The trade is growing. and
the eyesight is not deceived. It is not in one
small corner of the broad land, but in multi
tude of places 1t is not big growth; not
pyroteeinic frightening which lights up the
gloomy environment and then drops out, leaving
a deeper darkness than before; but good, steady
growing, jubilee light which has come to stay and
spread since granite bottom was struck in prices.
Only remarkable group of circumstances has
checked an era of speculation the extent of
which would have been amazing. We should be
thankful for that. The people of America are
mercurial the coolest headed get drawn into
swift channel when everything becomes specu
lative, and they all get the dumps at once when
the peg is drawn and the bottom drops out Now
it is otherwise speculation is spasmodc; it is
confined to limited number of articles; the
craze runs one way or another but fails
to sweep everything with it Hence safety
and balance. For this reason the worst
days of this financial distemper have failed in
producing panic There are army of
lockers on who never venture where only devils
moraiza ton, degeneration and damnation
through bucketshops, exchanges and other
games of chance.
while it is an admitted truth that trade is on
the up grade, all goods are on a dead level, ex-
GLIDING bare number quoted hereafter There
is nothing in the consumers demand for rice to
warrant stocking up. The planters and rice job
bers are urging liberal buying; their arguments
lead toward policy of semspeculation. Our
rice review is exhaustive and full of interest
Sugar a n
ward nor downward nor promising. Coffee makes
boon companions in distress for the sweets, and
the two are tiresome in their soidity; the slight
est advance in coffees is promptly lost before
turn can save the liberal buyer. Much import
ing is carried on in small way, but its ad-
vantages are not reckoned among the great
feats of mercantilism. Syrups are sharp in their
strength; no break occurs in the solid front. The
American Glucose Company has become in
strength, as refers to corn syrupS, as great
an Organization as the Standard Com
pany in oil. They own nearly every
plant in America, and only use such as by
reason of location or advantage can be made
available for the economical production of
syrups Lake fish in all markets have improved
There are no large holdings and it is not proba-
BILE lower prices can come this season; effort
will be made to run corner, but the risk may
keep off the crowd. Mackerel, while firm, show
no improvement Foreign fruits are low, but a
decline serious is not productive of an i'm
proved trade. Prunes remain dull even at a
loss to the importers Rasins are quiet Valen-
cias rank in price in New York from 6 cents for
very poor stock, to cents for choice Dried APP
pies are weak.
The markets at seaboard were all much higher
at tho close and consequently local stocks are
held with more firmness that at call on Change.
The Board of Trade Price Current says of
wheat. Local markets are firm. and prices are