The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-01-15
INDIANAPOLIS MARKETS.
The Trade Of the Week Closing Today Quite
Satisfactory.

INDIANAPOLIS, Jan. Ii.
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 orders and respecta-
ble size for this of the year. and they report
that country merchants anticipate good years trade
and in good shape financially 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 well out of the way, and
large per cent. of them have good bank accounts
left. The markets a rule firm in tone. The
provision market to be in a strong position as
it is quite evident that half million less hogs will
be slaughtered in the current packing year than the
last year. The Cincinnati Price Current says: Re-
ports up to date imply that the shortage in packing
to date is about 500 600 hogs, compared with year
ago. and the estimates for the remainder of the
son suggest further shortage of about 200, 600
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. If farmers should continue feeding stock
freely, and market closely such be shipped be-
fore the first of March, the suggested shortage may
be lessened But the indications now seem to favor
the view that the decrease will not be essentially less
than above suggested In many localities there IS
such scarcity of corn as to restrict fatteuing
operations, and TO less extent young hogs
will be held back, while in other instances late
ceipts have been very considerably made up of such
cumstances before March April. In fact, the
marketing of hogs during all the time from September
to date has been to large extent In advance of the
seasonable movement that much of stock not prop
erly due before November and December
keted in September 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 tone and the trade
promises we'll in the early future. Grocers quite
busy. Coffees weak at The recent break, while
are,frm and tending higher. Stocks of canned
goods rapidly being reduced. Dried fruits meet
for canned goods. Mackerel scarce and rule
high, for low grade stock. The hide market
presents rev features. The last year a dis
couraging dealers, and the present year
promising, unless q trust or some other thing is
formed to brace up and steady prices. Produce
moderately busy. Apples choice carefully picked
will bring % cents per barrel than
last month, and good sound potatoes bring 5 i per
bushel, readily. Cabbage is way out OF sight,
stock bringing SD per barre small, soft sell at
So per barrel Turnps, etc, in good supply, but
firm at quotations. Poultry is 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 are in good supply and
selling fairly well. Business with the seed is
looking up and prices firm the revised quota
tions of Thursday last. Druggists experiencing
good trade. and nearly all the articles they handle
firm The leather market is rather quiet at the
range of prices of weeks past Timers supplies still
advancing in tendency; more especially will this
mark apply to imported goods.
GRAIN.
The local market is in much the position as on
Friday. Receipts of wheat very light. and prices
firm quotations while directly the opposite is the
case with Arrivals large prices weak Oats
scarce with an active local demand. The attendance
on Change to day was small, and the bidding lacked
spin it, track bids ranging as follows: