The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-02-21
INDIANAPOLIS MARKETS.
Trade, To-Day. Opened Fairly Active, with
Few Fluctuations In Values.

Trade, To-Day. Opened Fairly Active, with
Few Fluctuations In Values.
INDIANAPoLIs. Feb. 20.
The week opens with fairly active trace. 4
number of buyers were in, and purchased quite
literally, and the mail orders were good for
February. The muddy roads lore or less in
terfere with the business, and will, until the
frost is out and the roads become settled. In
dry goods there were changes in quotations
to-day, but a firm. steady tone to prices on all
lines Of goods. Tho wool market has taken on
steady tone. The Boston Journal of Saturday
last says: There has been a continued good
movement in wool. and price sustained and
steady. The transactions of the week have
been 3, 1927. 600 pounds Of all kinds. Holders are
inclined to look with favor on the situation. be.
lieving that prices here low basis,
and the demand ruling steady, that there is
little chance OF a further depreciation. Stocks
have also become steadily reduced. and there is
not much undesirable and heavy shrinkage
wool offering as previously II shows, however,
the condition Of the market; that higher prices
not ootainable IL the same active
demand had taken place under different
conditions there wonld undoubtedly have been a
material advance in prices at all the leading
markets the Atlantic seaboard 1t is not
however, desirable to force prices up higher now
and put . stop to tho demand. which would be
the result, as manufacturers are not vet an a po-
sition to paw higher prices for their raw material
The market is now in position to Ineet the new
clip in the spring on favorable terms. A feature
OF the market is the strong way in which Ken
tucky, Missouri and Indiana woods held and
No and medium washed fleeces. This is about
the only grade Of which the supply is not equal
to tho demand Grocers were busy Canned
goods moving briskly with firm prices.
Future packs are reported to be contracting for
Literally. especially corn and tomatoes. Sugars
are steady again. and the primary markets are
reported by the commercial papers to be in good
shape In commenting on the coffee market.
the New York Bulletin SAYS: ''Ro aud Santos
grades find continued waiting market for
everything except the finest samples, such as
sold on their natural merits, possibly an
occasional invoice against which exchange
deal can be made. There is nothing new, hold
making special effort to realize. though
and then some operator concludes to let 60
while buyers generally assume the ofish iudif.
ferent mood. and if they bid at all making it
low enough for safety. Advices from Rio come
in the usual dual form, some tame and others
firm, indeed, in one or two cases to-dsy reporting
an improvement. but there is nothing obtain ed
upon which any great amount of life can be
stirred up in actual coffee. The produce mar
ket was fairly active. Poultry and choice but
ter frmer, hens advancing 10. Eggs arri wing
more freely, and prices 20 of 20 dozen.
Apples. potatoes. onions Arm and unchanged.
Oranges in good demand and firm at quotations.
Lemons in light supply and in light demand.
GRAIN.
The local market opened to-day sluggishly
and continued in that condition until the close
of the day. Offerings OF wheat are nominal.
There is soma demand for milling purpose. aud
for No red. prices were title stronger.
Arrivals Of corn are light. and the shipping do.
mand. a. well. 10 light Futures attract no at
tention. Mixed oats are In fair request Prices
to-day ruled as foown
Wheat-No. Mediterranean ...........-.. S3ia
No. Mediterranean. S2la
10. rcd. ...................s..s 3D.
NO. rcd. IVsa