The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-03-03
INDIANAPOLIS MARKETS.
A Good Trade in Progress Under the Favor
able Conditions.

INDIANAPOLIS, March 2.
The weather, the condition of the country
roads, and the situation generally could hardly
be more favorable at the coming in of she spring
months, and trade shows the effect of these
favorable conditions by marked increased act
ivity. The order trade was good to-day, and a
considerable number Of country merchants were
in, and were inclined to purchase quite literally
The New York Shipping List says:
1.-THE outlook. therefore, continues promising
and an early resumption of active buying is con-
fidently expected, especially new feature
has been developed that is calculated to check the
progressive prosperity and recuperative Tendency
of commercial and industrial affairs. Trade is
in a healthy condition, notwithstanding the
quietude that has prevailed for the past month
or six weeks, and the best proof of the salts
factory position Of industrial enterprise is found
| in the disposition to accede to the demands of
labor for higher wages within reasonable limits
Profits are, no doubt, comparatively mar
row, and where higher prices have been es-
| tablished. the increased cost of raw material
and higher wages, have neutralized the benefits
| to be obtained BY manufacturers, but they are
encouraged by the steady absorption of their
products and the improving tendencies of general
| trade. which underlie the surface currents that
| at present prevail. In no department is there
| any accumulation Of supplies; the threatened
| disturbances TO manufacturing interests from
| StrlKeS are disappearing, ana Inc relatl0nS OF
| supply and demand are very evenly balanced
| The conservative tendency of trade is a strong
| feature; the list of failures throughout the
| country. reported from week to week, is grad
ualy diminishing and includes no embarrass-
ments of magnitude; the loan accounts of the
banks are steadily increasing, showing that
| money is obtaining active employment and
circulating in the channels of active
| trade, and the decrease of surplus re-
serve points in the same direction The alb
| sorption of money whether for speculative or
commercial purposes is an indication OF in
| creased activity and prevailing confidence, and
| the clearing house returns from all important
trade centers not only largely in excess of
the corresponding time last year. but are in
creasing from week to week, and these features
of the financial situation of peculiar signif-
| canoe just now, when the visible aspect is of a
| subdued character"
| Locally there were but few fluctuations in
values There is firm tone to the dry goods,
the leather, and the hardware and iron markets,
| although no important changes in the way of
| advance in prices are made. The provision
| market is in better tone than last week. In the
| produce markets a fair trade is in progress
Potatoes are higher, onions and cabbage firm
| while apples are abundant and never cheaper.
| Tie coffee market is in stronger position, and
prices in green coffees are 10 better. s
| GRAIN.
The market ruled steady Corn was in good
demand at about Mondays quotations The
| limits from the seaboard were shade lower
Below is given the prices at which property
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