The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-09-21
INDIANAPOLIS MARKETS.
The Outlook Continues Encouraging-Indi-
anas Corn Crop Safe.


INDIANAPOLIS Sept. 10.
The common reNark in commercial circles is
that the outlook is encouraging. The corn
crop of the State, which is without
doubt one of the largest ever grown,
is well out of the way of the frost. Other
products are in large supply and bringing good
prices all things considered. The -four market
seems to be the tamest to rnention. Still, East
ern papers report there has been rather more
doing of late. Prices are low and there is no
prospect of any immediate improvement. The
supply of wheat and -four in all the leading
markets of the world is abundant, and the
upward movement is not likely to be brought
about until the reduced production of the world
is more clearly defined and understood. With
the smallest wheat crop for many years. the
prices now current are about the lowest
known. But then, even with small crop, we have
large surplus to spare, principally from the
reserves OF last year, ana this surplus is not
wanted except at very low prices. Our visible
supply of wheat is AZ, COZ bushels. against
H. 529, OBS bushels last year. and with this large
supply to fall back upon we can scarcely expect
any boom In prices, even with short crops. The
production of -four at the West is comparatively
small, but the supply in leading markets is fully
equal to the demand for consumption and
and an advance may take place later in the sea-
son, but this has been the outlook so long the
trade do not take much stock in it, and prefer
to purchase only in small lots. In the
produce markets there is a fair trade
in progress. Commercial men. however, handle
piles of goods to get fair pay for their service.
Fruits of the season and vegetables are abund-
ant and only choice command good prices. The
firmness to the egg market continues; there is a
better home and better Eastern demand
Poultry is little off, but yet prices
are high enough compared with other
articles handled by produce men. The dry
goods men, the hardware and leather dealers
all enjoying a brisk trade. A cloud still
hangs over the hide market. In timers supplies
there is some frmness, while prices are not
quotably higher.
The local market closed strong Bids on
Change were made with considerable spirit. and
dealers seem to have more confidence. The
Board of Trade Price Current says of wheat:
The local markets remain in about the same po-
sition as yesterday; good demand for choice
gradable stock. Receipts only fair Futures
dull and not wanted. We quote:
No. Mediterranean, o. t--.------............. 80
20 REQ, Q. ~
Corn-All grades firmer, and we note an ex-
cellent demand for both local consumption and
shipping Receipts show slight improvement.
Futures dull and not wanted We quote:
No. white, o. ACKNOWLEDGEMENTS. Ash
No. white, o. t.-----------..-..-..-...- 44l2
No white. 0. ACKNOWLEDGEMENTS. 43
No. white. o. ACKNOWLEDGEMENTS. 43
No. yellow, 0. OBSERVATION-DISCLOSURES. As
No. yellow O.. NEUTRALITY-SUSPICIOUS.. 441
No. mixed, o. ACKNOWLEDGEMENTS. 44le
No. mixed, O OBSERVATION-DISCLOSURES AL
No mixed, o. Observation-Disclosures. 43A
Mixed sound ear, O. ACKNOWLEDGEMENTS. 43
Oats-Scarce, firm and in good demand for
cash shipments We quote:
no, wnlte o. zSA2
Mixed, f. O. b. Observation-Disclosures. 20
Rye-No. e frm 55c track bid no sellers
Bran-Firm and higher; $l2 SO bid none
offered.
Hay-Market fairly active. with prices about
steady; choice timothy, $I2. rs bid; held at $l3
No. timothy, $l2 bid; no sellers. No, 2 timothy
$40 bid; no sellers.
RECEIPTS BY RAIL PAST TwENTY-FoUR HOURS
Wneat, DusnelS SOO
hllSh