The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-05-25
INDIANAPOLIS MARKETS.
The Week Closes with Little New to Note
Trade Still Below Expectation.

The Week Closes with Little New to Note
Trade Still Below Expectation.
INDIANAPOLIS, May %.
The week which closes to-day has developed no
special features. While Summertime weather
has increased trade somewhat, it falls below ex-
pectation for this season of the year The In
dianapolis Grocer says: 1T is more palatable to
say that there is sweeping improvement in the
volume and composition of trade than there was
at the outset of the year, yet the improvement
has not been sweeping, nor has it been mildly
remarkable: there have been advantages secured
which are in the class of permanent betterment
and this alone is good, even if on the other
hand much has happened of disagreeabe
and disappointing nature. The body of
merchandise has gained in value since last
analysis of trade leaving but mere fringe of
weak, depreciatng stock. Two ffths of the
output of groceries is made up of sugar and cof-
fee and therefore these acquire leading !mpor
lance to the merchant. In spite of drawbacks
hemming in these staples with considerable
weakness, they have appreciated. The surplus
OF raw sugar in all quarters of the globe has
acted rs dead weight upon profitable
turn of stock, and has given the impression that
refined could not rise and keep
It's place; yet the advance has proven
that no law of trade however plausible. is alto
gether reliable, and that good guessing is about
as valuable as good judgment. Coffee is the CO.
quette of the market; now it frowns, then
smiles; now 1t is sulky and dumpv, again entic
ing, fair 60 look upon and property altogether
lovely. III there is not much show for large
profit IN coffees, there is but meagre chance
for loss, as prices are so low it is only by the
Stuooornest bear movement that they can be
hammered below cents for fair grades; to
reach cents would set the most bilious wild
with joy: compromise figure would be 81
CENTS and it is within an eighth of that at
the period of this record" The only
change in values calling for special
mention is in poultry on large arrivals hens go
off lc and butter is in large supply, and unless
really choice, sells slow. The dry goods men
are experiencing fair trade. Present business
is largely In summer fabrics wash goods, white
goods. lawns, hosiery, gloves. laces. etc, al
though some trade is doing in woolens by in
tending wool buyers Collections are fairly sat
lsfactory. The prompt-paying customers are
now In large majority; the ''neer do well" list is
being cut down rapidly, and the ten day cash
buyers are more numerous This is as it should
be. and can be made uniformly so if jobbers had
sand enough to uniformly dictate it.
GRAIN.
The grain market is still little ofish. al
though corn and oats, early delivery, are in
good demand. Prices steady, but not strong
The Board of Trade Price Current says: Wheat
rules easier in local circles; offerings scarce, and
very little wanted beyond immediate order de-
mand. Receipts fair. Futures friendless" We
quote
No. z Mediterranean o. t..--.-........-...$1.O
NO. 3 Mediterranean o. Observation-Disclosures. IO0l2
40 re9' o. 1.OO
NO. D reo' o. t.--- ACKNOWLEDGEMENTS 30
Corn-Rather steady at quotations with good
demand for spot shipments. Forward deliveries
not wanted. Receipts only moderate. We
quote:
NJ ub;+a