The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-10-28

No Important Change Either In Volume or
Character of Trade in Progress.


Character of Trade in Progress.
INDIANAPOLIS. Oct. 81.
As the month nears its close the distributive de-
mand has been rather moderate compared
with that of the early part of the month, and, in
TACT, has been disappointing in some depart
ments, yet it is quite possible that more had
been expected than the business situation would
justify. In some departments however, mer-
chants speak of the volume of trade as having
been for some weeks past highly satisfactory
and, in fact ahead of that of the corresponding
period, 1884 In this list will be found the dry
goods men, the hardware and leather dealers
and grocers. Dealers in hides lumbermen and
produce dealers, apparently are the most prone
to complain. Advices received from nearly all
the distrbutye centres in the interior report the
trade movement as fairly active, in many cases
IN excess of what it at this time last year,
and other conditions are equally satisfactory
money being in good demand at comparatively
easy rates, labor better employed than it has
been, sumption steadily absorbing supplies.
and what is full of significance respecting the
future, both buyers and sellers exhibiting conf
dence In the Improvement that has already been
established. The fact that values have ruled
steady for nearly all staple commodities of home
consumption, is the best indication that supplies
are not in excess of requirements, that dealers
have not bought beyond their current wants, and
that supply and demand have become fairly ad
Justed. So far, therefore, as domestic trade is
concerned, the situation is as promising as it
could we'll De, the natural resources of the coun-
try have developed its recuperative power, and,
unaided by foreign influences, commercial life
has been terminated and quckened into healthy
activity. For this reason the progress thus far
accomplished is of permanent character and
the stimulating effects of speculation, where they
have been applied, are based upon a substantial
foundation. Locally, in prices there are but few
changes. Eggs and butter are firm at quota
lions, while provisions are weak at the recently
reduced quotations. Packers are talking about
So 80 for hogs.
The local market was more active to-day than
on Monday, yet there is tameness brooding
over matters which indicates that dealers are at
sea regarding the future of cereals. e The Board
of Trade Price Current says of wheat: Local
markets remain in about the same position, with
fair inquiries, but prices do not indicate any
special irmness Receipts light. Futures quiet
and inactive. We quote:
No. Mediterranean, o. OBSERVATION-DISCLOSURES SO
No red o. t. OBSERVATION-DISCLOSURES. ~
NO. 8 red, o. t.- -----....-------- 90
Corn-More activity IL shown in new grades,
and we note both fair offering and demand for
immediate SHIPMENT but prices are shade
lower than yesterday. Future delivery of new
corn is very active We quote
No. white, o. ACKNOWLEDGEMENTS. 4412
No. yellow, o. Observation-Disclosures Al
No. yellow o. ACKNOWLEDGEMENTS. 411s
New No. d yellow, O. Observation-Disclosures. 81
No. mixed, o. t. ACKNOWLEDGEMENTS 40
New No. 4 mixed o. t..-------------.---------. 81
New sound ear O. 25
New November, O. 3212
Oats-Steady, with good local demand. Re-
ceipts light. We quote:
No white, o. e.. %
MlAeo, o. b------ cog
Rye-No. 2 continues nominal.
Bran-Steady; Sill % bid; held at $11.75
Hay-Fair inquiries, with light offerings: choice
timothy, $l2 bid, held at $13; No. l Timothy,
$l1.25 bid; No. timothy, $40 l2a bid, held at
$l1.
RECEIPTS BY RAIL PAST TWENTY -FOUR HOURS.
VnedU, 4SUO
Oorn, ouSneS OOOO
OaUS, BUSHELS oZOO
GRAIN IN STORE
Oct