The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-03-11
TRADE AND COMMERCE..
Little Change Noticeable in the Business Sit
uation-Prices in the Main Steady.

Little Change Noticeable in the Business Sit
uation-Prices In the Main Steady.
INDIANAPOLIS, March 10.
There is but little change the last few days in
the business situation, with the exception that
D little more seasonable weather has pro-
duced more cheerful and hopeful feeling. AS
rule, however, the volume of trade has not
reached expected proportions thus far for this
month, yet with an increased movement of
freight eastward. decease in the number of
failures in the country, and an increase of loans
by the banks, there are grounds for greater hope
fulness that the midnight of busr ess depression
is past in this country. even though the dawn
Of renewed activity at profitable prices has not
yet become strlkingly discernibie There is
steadiness in values which certainly argues we'll
fer the future. The wheat market is attracting
good deal of attention just now, particularly
from those who are of speculative turn Some
operators are very confident that wheat is as
high as it is is going to CO. while others are very
sure it is destined to rule still higher 1t is
worthy of note in this connection that the win
ter wheat does not symnathize with the specu-
lative movement that SO frequently character
ICES spring wheat The reports sent out by the
his customer that wheat is now good buy whine
another, whose judgment is equally as good, will
advise to sell. Grocers are experiencing good
trade; no change in prices. Advices from the
East continue rather bearish as regards both
sugars and coffees Potatoes onions and cab
bage are in better supply; prices easier but no
change in quotations. The egg market. with
large receipts, is weaker to- day; shippers would
pay but iS cents, selling from store at 20 to q.
Poultry arriving freely; prices steady. Butter
of choice quality is meeting with a fair sale at
unchanged prices. There is . fair demand for
hog products and prices arc steady as quoted.
Receipts OF apples are larger, but prices are ad-
vancing, Notwithstanding
GRAIN.
The local markets are in a strong position, the
weaker feeling in wheat having passed off, The
Board of Trade Price Current, in it's comments
on wheat, says the local markets remain firm at
published prices. Offerings and receipts are
both light, and graded stock win find ready pur-
chasers at full quotations. Futures are not
wanted. Visible supply for last week shows an
increase of 1872, 6S7 bushels We quote:
No. 2Mediterranean. ACKNOWLEDGEMENTS, S3
no Mediterranean, o. ACKNOWLEDGEMENTS. 80
NO = Eesi o. t-- S112
30 red o. t..--.-.- a
heJected o. u. %
onmerchsntaoie, o. t---- 90
Corn-No weakness in this cereal all grades
being in strong and active demand. Receipts
fair. While we note fair offerings, yet sellers
are holding t1rln, and no sales reported. Futures
duh. Visible supply exhibits an improvement
In general receipts. there being SS1 Al bushels
of an increase. We quote:
No. white, 0. t. ACKNOWLEDGEMENT AZ
NO. . WHITE O. t..--'..--.- -...,....-.....-... AZ
Yellow, o. t- .-..-..--.. AZ
High mixed, o. t-...-.-.- Ala
Mixed, o. IT, Al
Rejected mixed, o. t.--.----...-........... 40ls
Rejected high mixed o. ACKNOWLEDGEMENTS. 4Il2
Rejected yellow, o. Ala
Rejected No. 3 white o. t.....-.-.......-... Al
Rejected No. 2 white o. t...-..--..-...- AZ
Understandable, o. I. 80
00Nno ear o. Al
0ats-Under light receipts of gradable stock
local markets are firm, and al offerings will
readily bring full quotations. We quote:
No. 2 white, c. I 321o
49, s Al~e1' o. s---- oI.2
~A"N " S'.- dig
Rye-No. 2. dull and nominal
Bran--Ffrm and higher; sl3 rs bid, without
Sellers. = :