The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-06-10
INDIANAPOLIS MARKETS.
A Fair Spring Trade in Progress in a Sum-
mer Month.

mer Month.
INDIANAPOLIS June 8.
Spring trade having been delayed by the late
ness of the season, the distribution of merchan-
disc to consumers through retail hands continues
fairly active. The family purchases of summer
requirements, usually made in April and May,
were to considerable extent delayed this year
by the cold forbidding weather, and the mer-
chants are still supplying these postponed de-
mands, and in turn the wholesale men are
experiencing some benefit thereby. However,
this is about the only channel in which trade is.
showing any noticeable movement. the currents
elsewhere running sluggishly. While it is admit
ted that the wheat crop is to be partial failure.
the excellent prospects for oats and hay and the
later crop, corn. are giving some basis of en-
couragement; at any rate tend to create a belief
that better times will come with the later months
of the year That the winter wheat crop will be
a small one this year is certain, but the disposi
ton to exaggerate the decrease from last year
seems almost universal. The fact is, this conn
try is full of wheat, and almost every soul of us,
except those who have sold wheat short is in
terested in having the price go up It would be
good thing for the farmers, for the railroads
and for trade, and so good for trade that almost
all workmen would welcome an addition to the
cost of their breadstuff tan advance of 20 per
cent. would not amount to two cents per person
per weeke because of the prospect of steadier
work. But some people lock ahead little and
fear that we shall have bad season after har-
vest If the wheat crop is very light Corn, the
great crop, could not be planted so early as in
some years, but much earlier than in some
others. 1t may be the best or the worst crop
ever known, for all that has happened yet
There is probably much more of 1t than ever be-
fore, as it has largely taken the place of wheat
Cotton also was not planted early as is
desirable, but it has a fair chance ahead.
Thus. so far, we no damage yet done
likely to reduce the aggregate crops more than
by the value of 81, 600, 600 bushels of wheat. 1t
is pity to lose that, but frosty night about
the 1st of September has often done three
times as much damage Grocers are having a
fair trade. Sugars and ceffees steady, but
not specially strong. The produce markets are
gutted with green tuff-strawberries, potatoes,
both new and old, and butter Prices weak on
all articles named. Poultry, as well, is some
what offish in prices, except for young chickens.
The egg market continues strong at quotations.
Provision men are still complaining of the slug
gsh movement of hog products. Prices still
range low.
The local market showed some improvement
to- day and dealers manifested more interestin the
cereal and there was more life noticeable in the
bidding The Board of Trade Price Current
says of wheat Prices are shade firmer than
yesterday, and sellers are not willing to make
concessions. The local market is generally in
better position than yesterday Arrivals very
light. and futures friendless. We quote:
NO. Mediterranean o. to- $1OO
No 2 red. o. OCH
NO. . red, o. t 90
Corn-Firmer and in good demand: all grades
will find dvr chaSa at full Otatio