The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1888-02-16
INDIANAPOLIS MARKETS.
Trade Moderately Active, with Few F1uctua-
tiOns In Values.

NxOuof6lely He
tons In Values.
IrDIANAPoLIs Feb Is.
There was fair activity in trade circles to-day,
and fluctuations in values outside of the grain
markets few. With the dry goods men more
spring-like weather would be appreciated While
there is some inquiry about spring goods, buy
ers are taking hold reluctantly. and the trade of
this month 80 far has hardly been up to that of
the corresponding period 1887. Grocers are hav-
ing fair trade. Prices to-day were steady but
not very firm. Eastern papers report the de-
mand for refined sugar is very light and sales
limited to the smallest wants of buyers
Not only is the demand limited, but prices are
easier, and granulated cannot be quoted over
cents pound At the corresponding time last
year prices were quoted on the basis of 81 cents
per pound for granuated. The decline which
has now taken place is about ne-quarter of a
cent from the highest point reached. The posi-
ton of both the refined and the raw material for
she time being is discouraging but the markets
may right themselves and become stronger in
time, but the prospects for any immediate
change are slight. The visible supply Of Rio
coffee Ia:
Total afoat and loading to JAM s..---.-.- 24,442
Total stock in United States ports 1S2, 375
Purchased at Rio land Santos, 81, OO0) for
the United States from Jan. to Feb. TO-. go 900
Total visible supply Feb Ii. I8s7-..- 649'65e
Total visible supply Feb. IL 1856 7S3, 800
There is some activity In nolasses but prices
are downward in tendency; taken as s whole,
the market is rather fat Coffees are moving
fairly well; the market is unsettled. with ten
dency to advance. The tea market is attracting
q good deal of attention. The tea market s,1s-
tains a strong tone all kinds of Oolongs and
dealers are supplying their wants freely but
there is speculation. Formosas have been in
particular request, and choice grades are in light
supply. The strength of the market on Oolone
teas is justified by the official statistics inst
published by the New York Grocers' EXCHANGE
The deliveries of Oolongs from warehouses in
Now York. representing actual CONSUMPTION
as follows: In 1885, 513, 465 half chests:
in 1886. 54O, lis half chests, and IN 1887 GOO l54
half chests. This statement does not iuclude
teas imported direct to Boston, Chicago and
other ports, probably not less than Is, 600 half
chests, that it is safe to estimate the consumu
ton of Oolongs in 1887 at 615600 half chests
The produce markets dragged a little under the
colder temperature of to-day. but prices were
strong in tone. except eggs. which, on larger ar
rivals, are weaker, although not quotably
changed.
TWAS another of day in the local market
The attendance on Change was small, and the
bidding showed an Indifference which tended 10
weaken prices Arrivals of wheat are still light
Millers will take all arrivals at our quotations
Corn went off &c to To- There is fair demand
for local consumption. On light receipts of oats
the maeket braced up a little. and shade better
prices ruled than on Tuesday. Track bids to-
day ruled as follows: