The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-08-11
WEEK OF ACTIVE TRADE
| BETTER WEATHER CONDITIONS
GIVE STRENGTH To THE MARKET.
Break in Linseed OIL the Only Marked
Price Change-Grain Demand
Ahead of supply.

All things considered the wholesale
houses have little cause for complaint as
regards the volume of business in the week
ended Aug. 10. Cooler weather enabled the
wholesale merchants and commission
houses TO do business more comfortably.
The dry goods houses made large snip
ments, a large percentage of which, how
ever. were to fill orders for fall and winter
goods given in July. In prices there were
10 material changes. The druggists report
trade good. The break in the nnseed-oll
market of 3 cents a gallon on Friday was
rather looked for, as linseed oil had reached
the highest market price since the civil
war. Growing demand, the shortage In
Russia and an undercrop in this country
was responsible for the move. 1t now sells
at 7S@79c. In recent years, as a rule. II has
ranged about 60 to &c, which is considered
a good price. There is little prospect, how
ever, for marked declines for several
months, as another crop must be harvested
and passed through the mills before that
can come. Wholesale grocers had a fairly
busy week. In sugars no changes nave Deen
made in quotations for a few days and the
coffee situation is practically unchanged.
There is a continued strong feeling In rice
and syrup, prices holding very steady.
Pickles have been advancing at a rapid
rate of late, the increase in price being al
most 100 per cent. Quotations on canned
goods are strong with uncertain crop pros
poets still confronting packers. 1t is be-
lieved that the corn pack Will be fully as
large as usual. the greatest shortage be-
ing in peas and tomatoes. Dried fruits are
selling well, with quotations firm at figures
now ruling. On Commission row business
has been active, but the supply OF fruits
anu vegetables of choice quality has been
light. Receipts of Irish potatoes are light
and prices are we'll held. The opinion pre-
walls that prices have been pushed to
ohpnrpnoI limits Small harrial are about
off the market. Tropical fruits are moving
slower. Lemon demand is quiet and prices
nave dropped back to a lower level, unless
it be on very choice stock. Pears, plums
and apples are in liberal supply and prices
are easier than in the earlier part of the
week. Butter, eggs and cheese are firm at
quotations. Higher prices are looked for
on cheese within the next few days, and
choice butter, as well, has an advancing
tendency. The arrivals of chickens, the past
week, have been more liberal. A decline OF
the market seemingly increased shipments
and this has started the consuming trade to
a quicker buying. Hides show no improve
ment, but leather is active and prices show
a hardening tendency. Business is improv-
ing somewhat with the wholesale confec-
TONERS. The iron and hardware houses are
selling many goods, which is attributed to
the fear the trace has that prices will be
advanced on nails and many other lines OF
iron and steel articles, as q result or the
strike. Provisions are moving briskly in a
domestic way. The -four market is quite
active, with local mills running to their fun
capacity.
The local grain market is quite active.
Receipts, however, do not reach expecta-
tons, conditions considered. as not in years
have as high prices prevailed for corn and
oats as at the present time. Wheat, as well,
is in active request, millers taking all
arrivals where the grade is such as to adj
NIT of their using it,. Track bids Satur-
day, as reported by the secretary of the
Board of Trade, ruled as follows:
wheat-No. 2 red. es15c track; No red, $3.50
on milling freight; No. 8 red, 651zd6711c track.
Corn-No. i white. 59Lc; No. 2 white. 59Ac;
No. 3 white, 5sAc; No. 4 white, 55Ha57Ac; No. 2
white mixed, BIC; No. 3 white mixed, SIC; No. 4
white mixed. 53a55c: No; 2 yellow. 57hc; No. 9
yellow, size: No. 4 yellow, 53AQ55Ac; No. 2
mixed. SIC; No. 8 mixed. SIC; No. 4 mixed. $50
soc: ear, SIC.
No. 2 mixed. 36c; No. 3 mixed. Sc
Hay-No. 1 timothy, sl2. No. 2 tim
othy. s11Q11.0.
nspections-Wheat: Nc ? red. 9 ears; No. ,
red, 2; No. 4 red, 1: rejected, 3; total, Is cars.
Corn: No. 3 white. S cars; No. 3 white mixed:
8; No. 3 yellow, s; No. 4 mixed, !; no established
grade, 1; total, 13 cars. Oats: No. 2 white. !
car; No. 2 mixed. 8: rejected, 2; total, s cars.
Rye straw, ! car.
July Inspections