The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-02-29
INDIANAPoLIs MARKETS.
A Good Trade in Prospect with the Coming
OF Spring-Like Weather.

Good Trade in Prospect with the Coming
OF Spring-Like Weather.
INDIANAPoLrs Feb. %.
There il every indication that witt me COM
ing of spring-like weather trade win assume
very satisfactory proportions. This belief is
based on the increased inquiries for goods, tn 9
firm tone to prices and the fact that stocks
ried by the dry goods men, the grocers. and in
fact all lines of business are light; the hand to-
mouth policy having been more closely adhered
to than it likely will be when spring weather
fairly sets in. dry goods men are very cheer
full; their trade has been excellent for ten days
past and promises to boom when mider weather
comes, and prices are remarkably firm ard
steady. Hardware men are having a good trade,
and an improved trade is in prospect Leather
dealers report their sales good for February. and
prices steady, and on the whole irm The hide
mon are blue; their market is dull and prices
dropping. Grocero are quite busy. There is an
active distribution OF canned goods going on,
and dried fruits meeting " it'll some better
sale. Sugars are firm and receiving good deal
of attention. Yellovs are reported to be scarce.
Recent advices rom the other side has tended
to strengthen the market Coffees weak in
tone. The New York Commercial Bulletin
says: "There has remained inaction spot
goods, notwithstanding the substantial decline
in prices that has been Admitted latterly
Clearly marked depression prevails, which is in
no way relieved BY the sudden changes in the
contract market. The efforts at Rio to sell not
only to this market, but to Europe, and the
very moderate takings, with absence OF conf
dence in any quarter, form the features for
hesviness. The long side has become absolute
ly tired in its waiting for some reaction which
was thought az possible with the consideration
of the statistical position. OF course, all this
tendency to sell has arrayed larger
short interest, aud efforts that may
be made to work against it will
require something that has stability"
The tea trade 10 healthy and promising. The
best grades OF green and Formosa Oolongs are
held with most strength Lemons continue in
light request. but the available supply is limited;
good supply, and meet with fair attention. Ba-
nanas in fair demand and steady at prices quot
ed. The produce markets moderately active at
firm prices on most lines. Eggs in light supply,
and in good demand, and higher prices indicated
unless the weather moderatcs considerably.
Butter, the finest table grades in good request
at firm prices; common stuff sells slow. The
poultry market is active at firm prices. Apples
in good request, and firmly held when fancy.
Cranoerries have fair inquiry at full prices.
Cabbage in better supply and lower Onions
fair sale; prices steady at about 81 per bushel.
Tho provision market 10 sluggish. with steady
prices.
The local market for all cereals was fat today
and prices weak. Bids were made cautiously
aud buyers were scarce. 1t is very seldom that
90 much indifference is shown on Change in the
bidding. Track bids ruled as follows: