The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-11-09
INDIANAPOLIS MARKETS.
Trade the Past Week Disappointing, with
but Few Fluctuations in Values.

lrauo the PaSC week Disappointing, with
but Few Fluctuations in Values
INDIANAPOLIS, Nov. z.
The volume of trade in the week closing to-day
fell considerably short of expectations. Four
rainy days and warm, muggy weather is not
what is needed just now, as it puts stop. prac-
tically, to the movement of cereals, and prevents
packers commencing operations. In November
both these industries should be active, as it puts
money freelyFin circulation. The Indianapolis
Grocer of to-day, in commenting the business
now in progress, says: 1.-THE business of the
week bears the imprint of the trimmer. There
is tendency to curtailment and adjustment for
a new DEAL Everybody is busy with plans for
retrenchnent expansion. may be best
suited to their several views of the future
Some look forward with hopefulness; others
with much trepidition and hating. The former
sleep we'll. are satisfied with thingsIas they find
them, borrow few imaginary troubles, and have
faith in this country always alighting upon
its feet the latter color their thoughts with a
blush tint, and avoid much widening of their
business responsibility. Thus it is that the
closing months usually impress one with an I'M
natural dizziness, when. in fact, it is but the
breathing-time between acts. What will
Congress do2 This is a question which has
great weight with business men. Capitalists
would be less timid were it not for this I'M
problem, the revenue tax uncertainties, and
much other legislative work will come up for at
tention. Congress is so full of contradictions
that business men have long since ceased to
rely upon it for the fulfllment of hopes.
In spite of the Grocers forbodings the iObbing
grocers are evidently not fearful of doubtful
future, as none will retire and many are arrang-
ing for new conquests. The desire to keep step
to the march of improvement, and to avoid be-
ing left with the rear guard has produced better
for fnod hon cf MD
less of that narrowness which decries everything
modern and progressive" In the produce mar
kets prices seem to have become steady, com
mission men being of the opinion that poultry
will hardly 60 higher at present un-
less there be severe cold snap Apples,
potatoes, both Irish and sweet, are arriving by
rail in large quantities. Prices steady, but not
strong The iron market is growing steadily
stronger. Nails have advanced to 49, 25 for iron
and So 80 for steel, and higher values are antic-
pated. Wool is scarce and firmer Hides strong
but not higher Drugs active The egg market
has been upward bound, and an advance is
noted.
GRAIN
Tameness was the chief characteristic of the
local market to-day. The Board of Trade Price
Current says of wheat I'm local circles feeling
is dull and prices are lower; very little demand
for any grades. Futures lifeess. Receipts very
meagre." We quote:
No. Mediterranean, o. OBSERVATION-DISCLOSURES. 90
no = red o. t.- "
no. d req, o. t------- 90
A'o!oON' We CIV
Corn-Fair demand, with prices shade weak
err Receipts light and old stock very scarce
colder weather would aid greatly the grading OF
the new crop. Futures quiet. We quote:
No. white, o. AZ
New No. white, o. OBSERVATION-DISCLOSURES. 33l2
New No. white, o. ACKNOWLEDGEMENTS. 80
No. yellow, O.. ACKNOWLEDGEMENTS. 43
No. yellow o. ACKNOWLEDGEMENTS. 43
New No. 3 yellow, o. ACKNOWLEDGEMENTS. 34l2
New NO. 4 yellow o. ACKNOWLEDGEMENTS. 81
No. 2 mixed, o. OBSERVATION-DISCLOSURES. 421a
New No. mixed. o. ACKNOWLEDGEMENT 1914
New No mixed, o. ACKNOWLEDGEMENTS 80
DecemDer 90
Oats-Scarce, with good local demand at fair
qutations. We quote:
No. white, o. 291a
MlAeo, o. ACKNOWLEDGEMENTS. Zo14
ReJected, o. T.. "A
Rye-No. 2, nominal.
Bran-Quiet
Hay-In better demand at a shade firmer quo
tations. Choice timothy, $l2 Is bid, held at
$3.50. No. l timothy, $11. 25 bid. No tim
othy, SIC. 123 bid.
RECEIPTS BY RAIL PAST TWENTY -FOUR HOURS
Wheat, bushels ACKNOWLEDGEMENTS 500
Corn, bushels. NEUTRALITY-SUSPICIOUS.. 900
Corn, bushels. 600
GRAIN IN STORE
Nov. 6. 1885.