The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-01-16
INDIANAPOLIS MARKETS.
The Trade of the Week Closing To-Day Quite
Satisfactory.

INDIANAPOLIS, Jan. IA.
In most branches Of business the trade of the week
closing to-day has rather exceeded expectations and
promises better things the coming weeks of the
month. The travelling statesmen who came in Friday
and Saturday brought numerous orders and respecta
bic in size for this of the year. and they report
that country merchants anticipate good years trade
and in good shape financially at the beginning of
the year In fact it is stated that before
the merchants who buy their goods in this
market in better condition financially Last
years bills are well out of the way, and
large per cent of them have good bank accounts
left. The markets rule firm in tone. The
provision market to be in strong positi on
it is quite evident that half million less hogs will
last year The CINCINNATI Proc Current says: Re-
ports to date imply that the shortage in packing
to date is about 500 900 hogs, compared with year
ago. and the estimates for the remainder of the
son suggest further shortage of about 100000
hogs, which If realized, would make the winter pack
ing 700, 900 short of last year, in number. There
various influences, however, which may change
the results LIE farmers should continue feeding stock
freely and market closely such be shipped be-
fore the first of March, the suggested shortage
be lessened. Bat the indications now to favor
the view that the decrease will not be essentially less
than above suggested. In many localities there is
such scarcity of to restrict fattening
operations. and to more less extent young hogs
will be held back while in other instances late
ceipts have been very considerably made up of such
immature stock. not due in market under usual cir
cumstances before March April. In fact the
marketing Of hogs during all the time from September
to date has BEEN large extent, advance of the
seasonable movement that much of stock not prop
erly due before November and December was mar
keted tember and October. This drain upon the
winter supply probably greater than anything TO
be shown in the way of getting stock into the market
before March not properly due until later.
The dry goods market is firm in tome and the trade
promises well in the early future. Grocers quite
busy. Coffees weak at the recent break, while
sugars and tending higher. Stocks of canned
goods rapidly being reduced. Dried fruits meet
Slow sale notwithstanding the high range of prices
for canned goods. Mackerel and rule
high for low grade stock. The hide market
presents features. The last year dis
couraging dealers, and the present year not
promising unless trust other thing is
formed to brace up and steady prices. Produce
will bring % cents per barrel than
last month, and good sound potatoes bring 81 per
bushe readily. Cabbage is way out of sight, some
stock bringing So per barre small, soft sell at
So per barrel. Turnns, etc., in good supply, but
firm at quotations. Poultry ID firm, and another
advance in price probable next week. Eggs slow
of sale and weaker in prices. Good butter is meeting
with ready sale. Oranges in good supply and
selling fairly well. Business with the seed is
looking up. and prices firm at the revised quota
tions Of Thursday last. Druggists experiencing
good trade and nearly al, the articles they handle
firm. The leather market is rather quiet at the
of prices of weeks past Timers supplies still
mark apply to imported goods.
The local market is in much the same position as on
Friday. Receipts of wheat very light and prices
firm at quotations while directly the opposite is the
with Arrivals large and prices weak Oats
scarce, with active local demand. The attendance
on Change to-day was small, and the bidding lacked
sp!lt, track bids ranging as follows