The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-06-07
INDIANAPOLIS MARKETS.
Fair Volume of Business Obtains, with Good
Prospects for Its Continuance.

A Fair Volume of Business Obtains, with Good
Prospects for Its Continuance.
INDIANAPOLIS, June 8.
In most departments the volume of business
the past week has been quite satisfactory for
early June, and the volume of trade during this
month promises to be satisfactory for summer
month. The better tone to the grain markets is
looked upon as very favorable omen, as the
outlook for the wheat crop, especially, is for d
large yield. The old corn crop, as well, is be-
ginning to move more freely Handlers of pro-
duce are complaining of the low range of
prices. Shippers, in turn, are disappointed over
their returns, which are often small after
freight or express is paid The poultry market
is some stronger in tone, but not quotably
higher. Eggs are steady, but not strong, at
quotations. The butter market is overstocked,
and prices are weak at the present low quota
tons. Strawberries are in large supply, and
prices are practically nominal. Other small
fruits are not in SO large supply, consequently;
prices range nearer those of Corner years.
Trade with grocers Sas improved somewhat the
last week. Sugars are in better demand; prices
continue strong. The same is true of coffees.
The old stock of canned goods is well reduced.
Prices in this department of trade in nearly all
lines rule remarkably steady. Margins. how
ever. are rather limited. On the other hand,
| fewer bad debts are made than usual The pro-
vision markets are still tame, and holders are
disposed to take matters cooly, anticipating bet
ter prices later in the season The New York
Shipping List says of the condition of trade:
The volume Of business in progress appears to
have developed little if any improvement, and
I,~,t,s1n eeoHu and f.,l liz
| prevails, conservative opinions do not antici-
| pate any immediate revival of activity
| or the appearance of influences calculated
| to stimulate trade beyond the supply of the
| ordinary requirements of healthy consumption.
| The disturbances occasoned by the outbreak of
| labor came at a time when the progr essve
development of trade was most promising but
| the prospective Improvement then in sight has
| been irretrievablv lost and trade must now move
quietly on until the favoring influences of good
| crops. prosperous industry and the growth of
confidence have once more furnished
| the basis for new departure in COM
/ mercal activity. Recovery is necessarily slow
/ after such setback the country at large has
just experienced, but that recuperaton is already
| in progress, is one of the most substantial indi.
| cations of prosperity, we'll the surest signs
that the lost ground will be ultimately recovered.
| From this time onward, thedemand for merchan.
disc will be more or less restricted by the atten
ton of the agricultural classes being taken up
with the crops and this comprises very large pro-
| portion of the consuming classes; and furthermore
| trade is always or less in waiting attitude
until somo definite estimate can he made of the
prospective yield of what constitutes one of the
| most important sources of national wealth
| and prosperity. The promise of good crops al
most invariably stimulates trade as well as in
dustry, but until the assurance of abundance in
| this particular has become more positive, trade
| very naturally follows conservative lines.
| GRAIN.
| The better tone to the grain market continues
and on Change bidding was quite spirited. Ar
rivals are increasing somewhat, and the follow
/ ing nrices ara readily realized: