The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-06-23
INDIANAPOLIS MARKETS.
A Tendency to Low Prices All Along the Line
COLLECTIONS Quite Satisfactory.


Collections Quite Satisfactory.
INDIANAPOLIS June %.
The markets opened fairly active to-day.
Travelling statesmen report matters looking bet
ter and go out this week expecting to make
quite satisfactory sales The crops
of the chief topics discussed. Those who take
a gloomy view of crops should remember that
the crop last year exceptionally large. and
that the surplus on hand is larger than usual
Excessively dry weather in spring-wheat regions
and the appearance of damaging insects among
Michigan wheat fields among the latest
ports sent out from Chicago by the bulls The
Indianapolis Grocer of the Goth says mer-
chants not gloomy: they talk cheerfully, and
have grit to the bone Indiana makes no ugly
list in the weekly list of failures; her people
wisely placing themselves in positions where
they can reap rich results from change in the
situation, which they know cannot be far off.
While this suggishness holds cut there can be
nothing but insecurity in the price of merchan-
disc; this drives buyers to market oftener, but
gives them a better chance to turn their goods
at profit Large holdings not now,
have they been for many months. of profit to
the owner. New packing of canned goods start
out with fancy figures attached. New peas,
Strawberries, cherries, and several other fruits
and vegetables are offered quite cheap. This
will be a low priced season for all canned goods
unless calamity cuts short lot of good prom
Uses Salt dropped four cents per barrel recently,
to the surprise of many who argued it was al
ready under the cost of producing. The sugar
trade is not large but grows with the higher
thermometer. Coffees remain dull Svrrps
move slowly but are strong Cheese is be- o ming
| steady; it has dropped to price where it does
| not pay the dairyman for his labor. Dried
| fruits are inactive. Fish are commanding a fair
| amount of attention, but jobbers are not regard
| ing cost, and the prevailing low prices should
| bring out largely increased business. Rice is
| shade firmer; local owners are not inclined to
| advance. Beans moving in small way,
and there is no disposition to press the reduced
| stock upon the market. Dry goods men say
| that with them the only surprising feature In
| the situation is that trade is as good as it has
| been during the entire season now just drawing
to close. Preparations for taking stock will
| begin next week, and trade will be better with
! such houses as make special prices to clean up
/ At the recent auction sale in New York. India
napolis secured large per cent. of the goods In
all the sales, and If her trade is not materially
| improved this fall in consequence of these pur-
! chases will be much mistaken. Collections
| have kept up very well of late and no failures
| noted Grocers report there is a continued fair
| demand for sugars, and prices are steady as
| quoted; all grades nave advanced TO &c East
/ ward within the past few days, yellows having
gone up the most. and some operators very
| confident of still higher prices. All other arti-
cles quiet and unchanged. In the produce
market eggs drop to ten cents. Poultry is firm
| at quotations. Strawb berries higher. Vegetables
in good supply. Prices weak
| GRAIN.
The local market opened tame. The Board of
Trade Price Current says of wheat: general
dullness prevails in local circles, and all grades
are heavy Futures show some inquiries, but
very little wanted at ruling prices. We quote:
No. Mediterranean, o. t..-.-.-------------- 9S
| No 2 Mediterranean o. ACKNOWLEDGEMENTS. 81
| No , red O. ........... 95Ie
1 No. = red. o. IT, o.
Corn-Rules steady at quotations, and demand
for cash deliveries is fair. Futures friendless
Receipts light We quote:
No. white. 0. 52l.
NO. 8 white o. t-.--------- %
Yellow, o. t----- ---.---.+---.--.-..--. 81
| High mixed o. Observation-Disclosures AT
Mixed a Z ACKNOWLEDGEMENTS 6a