The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-11-30
INDIANAPOLIS MARKETS.


Upward in Tendency all Along the Line.
INDIANAPOLIS Nov. 20.
Trade opened to-day fairly active, and, with
indications favorable to colder weather, the
prospects for good weeks trade are certainly
iattering. The tendency to higher prices all
along the line is apt to improve trade, at least
this is the case when country merchants have
been holding back in their purchases, expecting
lower rather than higher prices To-day fuctu-
atoms in values were few, but whatever there
were were in the way of higher figures. The coffee
market shows no signs as yet of weakening and
the sugar market is firm in tone, while canned
goods and foreign fruits are in better demand.
with the frmer and in some cases higher prices.
In the produce markets there is good deal of
activity. EGGS and butter are both firm at quo
tations butter advancing two cents per pound.
The poultry market is still under cloud. Ap-
Piles and both sweet and Irish potatoes are sell
ING quite freely at the prices which now average
well with those of former years The New York
Shipping list says of the business situation
THAT the volume of business in progress
throughout the country is largely in Of the
corresponding period last year is amply shown by
a comparison of the traffic returns of transporta-
centers that are not infueaced by speculative
operations, but the comparatively low prices
now current for many staple commodities ana
the fact that the margin of profit is relatively
narrow, is apt to lead to the impression that
trade is not AS prosperous as IL ought to be.
Hence the tendency to dissatisfaction that so
often finds expression in reports of quiet mar
kets when the actual distribution of merchan-
disc IS heavy and the aggregate volume Of bust
ness really larger than before; but even
ne nh nf hucip 10 rad oil INN uiOC,
and with but few exceptions values ara eradu-
ally moving M to a higher plane. The low
price of wheat and cotton naturally has ten
dency to make farmers feel poor, but this has in
some measure been compensated for by an
abundant crop and the fact that the cost of pro-
duction has been materially cheapened within
the past few years. The speculative markets
have felt the quoting influence of the holiday,
as operations are usually curtailed to consid-
erable extent whenever dies non intervenes
but the controlling features of the stock and
produce markets have undergone but little
change"
GRAIN
The local market opened strong and contin-
ued so up to its close. BUYERS willing to
pay ac to &c more than on Saturday for wheat
and prices on all grades of corn and oats we're
firm at our quotations The Board of Trade
Price Current says
"Wneat--Local markets are higher and active
buyers willing to pay &c to &c more for cash de-
liveries Receipts very light. Futures very
quiet Markets at all other points higher
and stronger, with a frmer tone all round.
Sales of No. 2 red after call at 76c.
"Corn-We note considerable activity in local
circles. with both liberal receipts and offerings
Futures in no request. Prices for all grades are
we'll maintained, and we quote market as firm.
We note sales of new grades as follows: Six
cars No. 2 white at 364c; one car No. 3 white at
361c; two cars sample choice white color at 36ac.
Markets both at seaboard and Chicago are
stronger and higher.
"Oats-All grades wanted at full quotations.
Receipts light
"Rye-Strong and scarce"