The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-10-06
INDIANAPOLIS MARKETS.
The Week Opens with Brisk Trade-Octo-
Der Promises To BE Big Month.


INDIANAPOLIS, Oct. d.
A walk through the several markets to-day
showed trade to be active. Orders of last week
trade Merchants will be disappointed should
not October prove to be busy month. Grocers
are feeling cheerful over the handsome business
in progress with them. The sugar market is
hardly as strong last week The circular of
Messrs. Wiilett, Hamen q Co. reports the re
cepts since the LIST of January have been 891 598
tons. against $685. 1876 tons in 1884, an increase as
compared with last year of 6,263 tons. The
deliveries for the last week were 81 100 tons
against IT, 1877 tons in 1884, an increase of
1927 tons compared with last year. The de-
liveries for the year, since the first of January
have been 1864, 10l tons against 795, 718 tons in
1884. an increase as compared with last year of
6S3S3 tons. The consumption OF the United
States through the four ports since Jan. /, ex-
ports deducted have been 749 Ole tons, against
72S. 275 tons in 1884, increase in consumption
this year of 20, TAO tons The statistical position
| IS very favorable. Stock in all hands decreased
10 $40 tons, and is now 30, 584 tons under last
year. Meetings. continue large. say about 4 200
tons daily. They quote fair and good refining at
7l6 to 9-16 cents per pound. In 1884, at this
time, prices of fair and good refining ranged
from a to cents, and in 1883, prices ranged
from Is to 81 cents per pound. The
coffee market is steady bur not spe
| cially strong. The wool market is less
active Prices however, continues firm,
The Boston Commercial Bulletin of Oct. 8 says
| the market is much queter and somewhat sub
dued in tone, although no concessions from last
weeks prices are reported. There have been
| fewer buyers in the market, and the speculative
excitement has largely passed away. Leading
manufacturers are reported to be well stocked
with wool, and large single purchases have be-
come rare. The smaller mills are now looked to
as supporters of the market. The fear that the
/ improvement in our market would deluge us
wit h pho niCrnv TO o die
| proved by the recent purchases of East India
wool With the appearance of an American de-
/ mand, prices at once advanced. If the demand
| for dry goods continues of sufficient magnitude
not only to absorb the full products of the large
| mills who purchased before the advance, but to
| offer some profit to the mills who have been
| obliged to purchase their raw material recently
| there is but little doubt that there will be an
| Improvement in wooden goods all along the line
/ and that wool may advance somewhat further
| On the other hand, the prices of the great bulk
] of wooens is about the same last year, and
iobbers complain that advance would only
| have tendency to check the present liberal
/ movement.
| The local market opened tame and continued
SO through the day. Liatle more is heard about
/ futures. Dealers however. touch lightly. The
Board of Trade Price Current says of wheat:
Local markets rule firm at quotabls prices
/
i to strengthen prizes, and we note a good demand
! for cash No. 2 red Futures steady, 94c track
/ being bid for November, held at 97c. We quote:
| No. 2 Mediterranean. o. ACKNOWLEDGEMENTS SO
No. 3 Mediterranean, o. t------.----.-----.9 81
/ No. 2 red, o. t..--.-......--....-.-.- 93l2
! Nos red. O. ACKNOWLEDGEMENTS. 81 q
| November, o. t "a
! Corn-Market seems to be well supplied and
offerings freer with sellers holding less firm.
/ We quote:
| Nc 1vb;+a
/ NO. q white. o. t. 40
/ No. white O. ---..--..-.-.-S 80
| No. yellow, o. A y
/ No. 2 mixed o. ACKNOWLEDGEMENTS Al 81
| Sound ear, O. t ~
! Oats-Steady at quotations, with very little
local activity noticed. We quote:
No z white o. t.-------- S!,2
| Mixed, o. Zig
| Rejected white, o. t. 20
Rejected, mixed, o b. Z9i2
| Rye-No. 2 quiet; 58c bid.
| Bran-Quet $l1 80 bid; no sellers
/ Hay-Fair demand without offerings. Choice
timothy, $l2 so bid; No. timothy, $l1 so bid
! No. 2 timothy. $40 bid.
1 RECEIPTS By RAIL PAST TwENry-FoUR HOURS.
Wheat bushels OBSERVATION-DISCLOSURES. $500
Oats bushels T2OC
/ GRAIN IN STORE
Wheat Corn Oats Rye
Elevator A.. 90, soOl 100 1350Oj 69t
( G.;taI Elsratorl % Onol 4 Oo6I II Oot,i 90