The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-05-27

that it is difficult to induce capitalists or bust
ness men to branch out, as the saying is The
New York Shipping List says: Although legiti
mate trade IN volume may be of fair proportions
and distribution reasonably steady, from one
cause or another it is evidently unsatisfactory,
and imparts a general feeling Of discomfort Nor
are present prospects encouraging for any i'm
mediate Improvement. The summer months,
wnich rarely develop commercial activity,
are near at hand, and a continuance
Of the existing. quietude seems to be
foreshadowed. Meantime, however. there
is encouragement In the fact that
the situation is not threatened by such impend-
ing disaster as hung over us year ago. The
strain or liquidation has been removed. and
whatever progress we are making is toward re-
cuperation. Dry goods have apparently touched
bottom, and the auction sale last week seems to
have cleared the atmosphere and strengthened
confidence. At least since then dealers have re-
ported better demand and more disposition to
replenlsh stocks on the basis of prices then es-
taolished but it must be noted that values are
FAR from satisfactory to manufacturers of either
cotton or WOODEN fabrics Sugar appears to con
stltute the only bright spot in the grocery
market and the advance in values during the
past week all over the world has been quite note
worthy. While, however. the general sentiment
with respect to raw sugar has been buliish,
there has been a lack of response from buyers
on this side that has neutralized the sharp edge
existing everywhere else. and refiners do not
appear to have been entirely convinced
by abundant bull" arguments as to the
prospect OF short supplies. The produce mar
kets are quite active, but prices a along the line
are weak. The arrivals of butter the last thirty
days have exceeded those of any former year.
Choice butter is being shipped daily by the car
load TO Eastern markets. Receipts of poultry
as WELL are large; prices, except for young chick
ems, tend lower Eggs are not moving so freely
and as arrivals are large lower prices may be
looked for. Strawberries green stuff old and
new potatoes In abundant supply, prices ranging
low.
The local market continues tame, with gen
eral weakness in prices. The Board of Trade
Price Current says of wheat: Local markets
show up weak, and all grades rule easier
and we quote a general dullness Receipts
light Futures show more activity, and we note
sales of five ears of July delivery at 96c regular.
We quote:
No 2 Mediterranean o. t..--.-.-...$1.O 1
No. red. o. 9e's
NO . red. o. i-.--- ~
NY iy reg 0o,
july o. t-------- SoA
Corn-Lower than yesterday. but fairly active
at decline Sales of No. 2 white to arrive in ten
days made call at 52ac Futures dull, and
not wanted. Visible supply shows only de-
crease of sc, 430 bushels. We quote:
No. white. o. .-->------- 52ie
Mixed O. ACKNOWLEDGEMENTS. 463l
Rejected No white. o. t.... so
Rejected No. white, c. t--.--.-.--.-------. 491s
Sound ear, white, o. t. 81
Sound ear, mixed, o. t. OBSERVATION-DISCLOSURES Al
Oats-Lower with fair inquiry at decline.
Futures dull. We quote:
No No white o. 80
Mixed, o. ID o4
MY -------.--.--.----- ~
Rve-No. 2, nominal.