The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-06-24
INDIANAPOLIS MARKETS.
Trade Fair and Unmarked by Speculation or
Excitement of Any Character.

Excitement of Any Character.
INDIANAPOLIS, June %.
The course of business generally is very even
at this time, and unmarked by speculation or
excitement In all departments there is fair
volume Of trade in progress. The steadiness to
prices denotes that business is being conducted
on safe basis The provision and wool mar
kets continue in strong position. Eggs and
poultry are unchanged and steady. Berries in
large supply. Prices weak. Grocers report
trade active and prices firm all along the line.
Messrs. Willet, Hamlen & Co., in their circular,
report the receipts of sugars since Jan. /
to have been 9S5,557 tons, against $780,.
All tons in 1885, falling off of 53,-
Ola tons. The consumption of the United
States through the four ports since Jan. 1, ex-
ports deducted, amounts to 426, 748 TONS against
443, 466 tons in 1885, falling off Of 1868 tons
in 1886 The stock in all hands June 1e was
1913, COZ TONS against 226, $50 tons in 1885, de-
crease of rs, 537 tons. The coffee market for flu
lures has been uncertain in tone, and has affected
the spot market, as usual. to considerable ex-
tent In mild grades there has been a steady
demand. East India grades are held with firm
ness, and holders are indifferent operators At
tractive samples of mild grades are in demand
and firm The stock of Rio and the visible sup
ply at latest dates were as follows
Total stock in New York. 351 ,367
Total stock in Baltimore so. 636
Total stock in New Orleans -.-.--.26. 978
Total stock in other ports. 600 90 GA
Tota, stock in United States ..... 1881
The stock OF molasses, foreign grades, in the
four ports on June 18 was Att hogsheads,
against g. 044 hogsheads in 1885 and $3.50 hogs
heads in 1884.
There continues to be a moderate movement
in teas. Large purchases have been made in
Japan for the United States, and about one-half
of the entire crop is said to have been disposed Of
A few samples of new Formosas have been
offered. Old teas are reported quiet. The New
York Shipping List says concerning the
kets have been generally quiet. Wheat is
lower with an increased export demand,
and this tendency of the market is in the
right direction. With an abundant crop in pros
pect this is the wrong season OF the year TO at
tempt a bull movement in wheat, not only be-
cause want to dispose OF our surplus of the
old crop, but also because it is better to begin
the new crop upon low rather than high basis
of values. Cotton and provisions have continued
dull and the export movement of petroleum
shows no improvement. Distributive trade is
without new feature Dry goods have ruled
steady with fair demand for seasonabe fab
RIGS. Staple groceries have been in moderate
request but the market is with, ut new feature.
The increased demand for both aw and refined
sugar, as we'll as the improved tone of foreign
markets, has impaired more hopeful feeling
with respect to the future of this staple, and
the opinion is expressed that values have touched
their lowest point"
GRAIN.
There is a scarcity of milling grades of wheat;
as consequences prices are firm. There is good
demand for corn. both for local consumption and
for shipping; prices strong at quotations Re-
ceipts of oats are light; prices steady. Below we
give the range of prices to-day,
Wheat-No 2 red... -...--....--...........77
No. red ACKNOWLEDGEMENTS. 70
Rejected -..----........ .----------.-...... So
Corfs--No. white. SO
no. white 80.
No. 3 white. ACKNOWLEDGEMENTS 4la
No. white ...........................3 80