The Indianapolis journal., 1886-04-15
INDIANAPOLIS MARKETS.
Confidence Returning with the Better Con-
ditions Which Affect General Business.

Confidence Returning with the Better Con-
ditions Which Affect General Business.
INDIANAPOLIS, April IA.
Indications are that the clouds which have
been hanging over business interests the last
thirty days are passing off, aud with this it Is
believed that confidence is again securing foot
hold. No one will question that general business
has been affected by unreasonable weather in
some parts of the country damaging floods in
the South and the strikes in the West, which
have retarded important movements of goods
and had rather depressing effect on merchants
and manufacturers. The floods have subsided,
better weather ma- reasonably be e& ected,
starting spring business, and there is a general
impression among business men that the danger
of calamitous social disturbance growing out
of the strikes has passed. The sus-
pension of means of communication to
the Southwest through the disorders has
been and will be felt by the railways and the
general business public. and the loss will be
heavy, but an estimate of it cannot be made at
this time. If the serious troubles have really
passed, it is matter Of congratulation that the
country has escaped a greater peril than even
heavy material losses. Strikes are to some eX-
tent indicative Of industrial prosperity, since
workmen seldom assume an aggressive attitude
at times when the hand of adversely is heavy
| upon them, and when severe competition with
each other has made even a bare opportunity to
| labor attractive to them 1t is generally admit
! ted that there has not been time within half a
century when the earning power of the masses
of people in the United States, measured by the
amount of the necessaries of life which their
wages would purchase, was greater than in
| 1885. But the threatening aspect Of the
great and mysterious organization
| whose power as promoter of strikes
I and boycotting seems to be so much greater than
| its discipline in enforcing the principles of ar
| bitration and non resistance among it's own
members, retards enterprise alanarouses pres
ent feeling of uncertainty in Adepartments of
| trade. Locally, trade was better to-day than in
| any previous day of the month. The weather Is
| Of the most favorable character to trade, and
only the troubles above alluded to are in the way
of gratifying improvements Grocers were
! quite busy to-day. The Rio coffee market is in
change on London to l9sd has strengthened the
coffee position. The receipts at Rio continue in
! good volume, being an average of about $500
| bags per day, but purchases for Europe and the
| United States are sufficient to prevent any ac-
I cumulation in stock The last cable returns
| show 250, 600 bags. Java coffee continues in a
| strong position. A feature of the tea market
has been slight decline in lowgrade Japan, but
| with some movement in lines at the decline, and
| a better request for Formosas in small way.
| Annoy teas at auction of late, but it is now un-
| derstood that the stocks of such tea have been
brought down by that process to lower figures.
| A late Annoy cable says that the market for new
| crop Formosas will open better, in prospect,
| than last year. The teas likely to be better
| than last year. East, the raw sugar market is
! decidedly firmer. 1t begins to be understood
that the Cuba crop is 10 or Is per cent. short,
| and though most of the arrivals are on refiners
| account, yet the market is really firm. Only a
| light business is reported The refined sugar
/ market is also better, with an increased demand.
| The moasses market is active and prices de-
| cidedly frmer.. Rice is in better request as the
warmer weather approaches Spices are selling
| more freely Nutmegs are very firm and still
! further advanced. 1t is claimed that the whole
| advance is equal to cents per pound The re-
! Quest for starch is moderate on the wants of the
trade. Poultry frmer. Hens advanced ] cent
| per pound.
| GRAIN.
| The wheat market rules steady, with limited
| demand. Receipts of corn are still light. Bus
| ness has been too small for some time to estab
lish prices fairly. The demand at prices has
been almost entirely for local use. The follow
/ ing prices cover the market: