The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-11-20
INDIANAPOLIS MARKETS.
Little New in the Wholesale Markets-Re-
tailers Profiting by the Holiday Trade.


Little New in the Wholesale Markets-Re-
tailers Profiting by the Holiday Trade.
INDIANAPOLIS, Nov. 10.
In the wholesale markets trade is moving
along in much the same ruts as for some days
past In prices there are but few changes, and
these of minor appearances. The retail stores
are beginning to feel the holiday trade and are
we'll prepared for it, Everybody has come to
recognize that the goods of this year are much
more elegant and beautiful than those of last
year as they were than those of the year before,
The public taste is either growing finer or it's
purse is growing longer, the general demand
now is chiefly for whatever is best. The dis
plays of commodities now making by our mer-
chants are suggestive of a people not only re-
fined and fastidious of taste but of common
wealth. These commodities of ali sorts would
not be manufactured here imported from
abroad unless there were common
demand for them, and the mere
fact that our merchants have them to
sell is in itself assurance of the general prosper
lty OF our people. 1t is not only the rich who
are growing richer, but the poor VINO are grow
ing richer also. An entire change has taken
place within the last ten years in the character
of all articles which are considered necessaries
of living Articles which were little while ago
considered luxuries even by the rich are
now largely enjoyed by the poor.
The furniture, clothing and the, deco;
ration OF our houses are wholly changed
and improved. Taste has entered into the max
ing of them, and there are few articles of luxury
or comfort in living which are not only more
elegant and beautiful, but vastly cheaper. One
of the post depressed markets at the present
writing is that of -four For months
it has been predicted that this
market would improve, but it is not in as good
position as six months ago. The Boston Jour
nal, excellent authority on flour, says: I'VE
would like to report more favorable market,
but it would be useless to disguise the fact that
flour is dull and low at all the leading markets
of the seaboard, and with no immediate pros
pect of favorable change. European advices
continue to be discouraging, the visible supply
of wheat still looms up in large proportions and
the trade appear to have lost all courage and
purchase only for Immediate wants, We looked
for different result at this season, and the
trade generally are very much disap-
pointed. An advance is sure to come
some time in the future. but when it will
be brought about is as uncertain now as it was
three months ago. The production at the West
continues to exceed the wants of consumers and
exporters, and at the same time cost cannot be
realized in Eastern markets How much longer
Western millers will continue to supply us With
flour for less than cost is question fer them to
determine. We are grateful for fsyors received
but are not exactly satisfied with this kind of
business, the produce markets there was
considerably activity. Butter advances a notch,
WnAe poultry is weak at the reduced quotations
or Wednesday, so large the arrivals. Eggs
firm at quotations. No change in the grocery
or provision markets
GRAIN
The local market is still active on light re-
ceipts and an ordered advance in rates. Bid
ding on Change was spirited, and as usual sales
were said to have been made at higher figures
than were bid on Change, dealers having fallen
into the error of such policy. The Board of
Trade Price Current says of wheat: All grades
rule steady at quotations, with good demand for
choice milling grades in small lots Receipts
light. Futures dull. Markets at other points at
noon are all dull and lower. We quote:
No. Mediterranean o. OBSERVATION-DISCLOSURES. IS
No. Mediterranean o. ACKNOWLEDGEMENTS. 90
No. red o. t. ---------.--------.----. 90
No. 3 red, o. NEUTRALITY-SUSPICIOUS. 90
Rejected, o NEUTRALITY-SUSPICIOUS.. 70
Understandable, o. 60
Corn-Stl active in local circles and all grades
will find ready buyers at full quotations. Re-
ceipts show an Improvement. The coming ad-
vance in freight rates still exerts a firm tone
upon local markets. Markets at other points are
all light. We quote:
No. a white o. OBSERVATION-DISCLOSURES. 331o
No. yellow, o. t. 3S
Old No. yellow, 0. t...--..---..-..---.-.--- 43
NO . yellow l. o. D. 81
No. yellow o. t-.------.---.--.--------.-. "a
No. 2 mixed, o. t.-...-..-.-..-...... 81
Old No. mixed, o. Observation-Disclosures. AZ
No. mixed, o. ACKNOWLEDGEMENTS. 3412
No. mixed o. Observation-Disclosures. 33 u
Sound ear o. ACKNOWLEDGEMENTS. 325s
Old sound ear, O. OBSERVATION-DISCLOSURES. AZ
december, o. Oh
Oats-Higher prices and in active demand
All cash deliveries are scarce. We quote:
No. 2 white, o. 80
Mixed O. t. Observation-Disclosures. %
Rejected, o. ACKNOWLEDGEMENTS. 25l2
Understandable, o. t.---.- %
Rye-No. 2, quiet 62sc bid; held at CSC.
Bran-Steady; 81 bid held at 81. so to arrive
Hay-Choice timothy, $l2.60 bid; No. timo-
thy, $l1. rs bid held at $3.50.
RECEIPTS BY RAIL PAST TwENTY-FoUR HOURS
Corn, DusnelS. Io,O OO
GRAIN IN STORE
Nov. 10, 1885.
Wheat. Corn. 10 Oats. Rye.
Elevator A.. 80. 135. 1901 7,90O $500 1,525
Elevator b.. 21,431l 1927 3,649 1890.
Capital Elevator 80 600 1000 5000 $500.
Elevator D.. 4,O0OI 20o0 Ia, 800
Total ..... 1872. 531 14,227 SO. 249 1926