The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-03-21
INDIANAPOLIS MARKETS.
Trade Of the Third Week Falls Somewhat
Short Of the Proceeding Weeks of March.

Trade of the Third Week Falls Somewhat
Short Of the Proceeding Weeks of March.
INDIANAPOLIS. March 20.
The business of the week closing to-day fell
somewhat below that of the first half of the
month, still the controlling features of the COM
mercial situation are hopeful and encouraging
for the development of further improvement as
soon as the spring season has been fairly inaug-
urated An unsettled feeling prevails on account
of labor disturbances, and more or less hesita-
ton is shown by buyers in entering upon fresh
ventures that involve the future. There is no
reason to believe that these contests will be of
long duration, for the interests involved
are too important and ar-reaching to be kept
for any length Of time in state Of suspense that
entails heavy loss to all concerned. as well as in
convenience to the public but for the time
being their influence is unfavorable for the pro-
gressive development of trade. There is q
steady tone to prices in most departments. On
many articles the margin is exceedingly
small, consequently wholesale men care to
sell only to prompt paying customers.
Trade with the dry goods men the past week
has beer quite satisfactory. The same is true
with hardware men. Grocers experienced rath-
er a quiet week, yet their sales were larger than
in the corresponding week. 1885, Leath-
er dealers and druggists are hav-
ing a fair trade In some lines prices
are little off. Produce men are doing good
business; most vegetables are selling low, and
they must handle considerable property to real
ze much profit Apples at 81 per barrel in
March is price at which they never
before were sold in this market
Vegetables are coming in literally. Prices
tend lower The egg market is a shade firmer,
but not quotably higher. Healthy, fat poultry
meets with ready sale Choice butter is scarce,
and sells readily at our best quotations. The
provision market presents no new features. The
New York Shipping List says: 1.-THE financial
situation continues to show improvement, as
well as the prevailing confidence that exists.
Money is being steadily absorbed from the
banks. and the requirements Of increased activ-
ity III speculative as we'll as commercial opera
tions have resulted in continued decrease in
surplus reserve, and a heavy expansion OK
loans, and these are not conditions that prevail
when confidence is on the wane and feeling of
distrust exists Gold shipments still continue
and without some important change in the pres
emit relations of foreign trade, are likely to be
kept up for some time The shipments made
during the past six weeks have gone almost
wholly to the continent and have only been
possible because the light offerings Of CONNER
cial bills in francs enabled bankers to hold rates
on Paris relatively above those on London, there
having been no profit in sending gold to the lat
ter market"
It was blue Saturday on the local market.
Wheat was salable only at very low figures COM
pared with prices three days ago. Sellers only
are in the market. Corn is scarce, and, although
the demand is very limited, yet it is enough to
hold prices fairly. Oats steady. Prices to day