The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-08-26
INDIANAPOLIS MARKETS.
A Strong Market in Most Lines-Sugars and |
Coffees Firm at the Recent Advance

A Strong Market in Most Lines-Sugnrs and
Coffees Firm at the Recent Advance.
INDIANAPOLIS Aug. 25.
The Oldest and shrewdest merchants express
the opinion that better times are right upon u.s.
Reports from nearly all Western trade centers
and in the interior indicate that the volume of
bushes is slowly but steadily increasing Tight
money, also, while restricting enterprise to some
extent has caused freer selling of wheat and
lard, and some very large purchases of both
those staples have been made for export Inter-
est rates are ruling low in England, foreign OK
change has declined, and considerable shipments
of gold have been started this way from both
England and France, A deficiency is now antic-
pated in the wheat crops of Great Britain ard
France and as Russia also reports prospective
decrease, the gap may be expected to be filled
from India and the United States Locally, mat
tiers are moving along much in the same rut as
for some days past The sugar, the coffee. the
poultry and egg markets all firm at
the recent advances in prices In commenting
on the strong tone to the sugar market the Bos-
ton Journal says: 'sThere are many leading au-
thorities who believe that moderate revival IN
trade is at hand. The conditions are favorable
for such a change, but we have passed through
Sucl q long perloQ OF guinness ana decline. TO
which both refiners and importers have become
used that they are 10th to accept anything but
what looks like permanent revival in trade
The statistical position is favorable The yisi-
BILE supply of Europe is reported less than last
year by no. 600 tons, and in this country it looks
as though the consumption would be in excess of
the production for the coming twelve months
Messrs. Willett, Hamlen g Co. say: In the
United States the increasing consumption is
very noticeable and easily accounted for
Since 1880 our population has increased $780,
900, or nearly 20 per cent, and on July l
amounted to 9961 .000 During 1885 we had
little increased consumption over 1884 in fig.
ures, as all the trade changed from CARVING
stocks to a hand mouth basis, and the So
called invisible supplies went into CONSUMPTION
The same basis still continues, but there are now
no invisible stocks, and the figures will show the
increased consumption" Molasses are held with
more firmness The demand for Rio grades of
coffees is reported to be active in all markets
and this has given q stronger tore to ali
descriptions. Advices from Havre and West
Indies are that the market is firm and sales
large. There is no increased activity TO note in
the tea market. In the produce markets there
is a good trade in progress. Fruits OF all kinds
are in large supply, and good deal is left over
from day TO day. and when held over is dis
posed of to the street peddlers at nominal
price, Vegetables as well, are abundant but
prices have steadied up somewhat, while practi-
caly unchanged in quotations The market is
now we'll supplied with watermelons and canta-
loubes Of Indiana production, and the quality Of
the fruit could not well be improved upon.