The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-10-02
GOOD SIGNS FOR OCTOBER
FAILURE OF THE CORN CROP DOES
NOT ALARM MERCHANTS.
Farmers Are Shipping Their Hogs
HaIf-Fatted to Take Of
High Prices Now Prevailing.

Seldom has an October opened under
more favorable conditions for a good trade.
The only unfavorable circumstance is the
partial failure Of the corn crop, but old
corn has been selling at such high figures
and the new crop likely will sell so wen
that the failure in quantity is largely offset
by the better prices. Good prices for the
large wheat, oats and hay crops has
yielded a larger sum Of money than usu-
ally realized thus. Retail merchants all
over the country are liberal buyers and
have met their bills with a promptness
which places them on an easy basis TO do
business, and on no lines of trade are
prices exorbitant; especially is this true of
food articles which come into general con-
sumption. Fruit never sold lower on this
market than at the present time, and the
same is true of vegetables. Potatoes are
selling at IS cents less per bushel than thir-
ty days ago and prices are still going off.
Poultry, eggs and butter are all fast NOV
ers and prices are but a shade higher than
when the market was dull. Pork and pork
products are Is to 20 per cent. higher than
a year ago. The prevailing prices for hogs,
live weight, last month, were higher than
for fifteen years past. HOG raisers are snip
ping every head OF stock to take advantage
of the higher prices, and hogs which should
be fed thirty TO sixty days are rushed on 10
the Ildl ndll ldlltlCh-
In the line of groceries, and flour and
cerealine products about the usual range
of prices prevails. For some days sugars
and coffee have been moving along without
any change in prices. a little more interest
is noticeable in dried fruits and on some
descriptions there is a tendency TO higher
prices. Evaporated fruits are slow movers.
TIL seed market shows a little more &C
tivity, with prices practically Unchanged.
The American Sugar Refining Company,
Of New York, reduced all grades or renned
sugar 10 points yesterday.
The local grain market carries a decided
ly firm tone, all cereals being In active re-
quest at prices quoted. Receipts are falling
short of demand and forcing the mourning
mills and cerealine mills to run not up TO
half their capacity. While there has been
some increase in receipts the last few days
they are still, comparatively speaking,
small. AS the present month advances ana
the farmers have less TO do an impression
prevails that there will be a marked in
crease in the movement of corn, wheat and
oats. The wagon market yesterday was
well supplied with corn and hay, and While
there was no change reported IN prices IN
the after part of the day but few sales or
corn were made at over 66 cents a bushel'
and hay ruled easier, although not quot
ably lower than on Monday.
The grain market closed yesterday with
bidding as follows, as furnished by the sec
rotary of the Board OF Trade;
Wheat-No. 2 red. TOlEc track; No. 2 red. 7ohc
on milling freight; No: 3 RED, 6b52a6S.sc track
No Z white. sole; No. 1 white, 5skd5Slkc; No.
white mixed, 5S1ac; No. 3 white mixed, 5szc;
No. 4 white Mixed .Stt2UOot2Ss NJ 4cAlONs
5SAc; No. 3 yellow, 5SAc; No. 4 yellow, $40
5s2c: No. 2 mixed. 5SRc; No. 3 mixed, 5Slzc;
No. 4 mixed, 4lsa56kc; ear, 561zc.
Oats-No. 2 white. 39Q391Rc; No. 3 white, 5S0
3S1sc; No. 2 mixed, S14S752c; No ; mixed, S64
36kc.
SO zSg ct,6Sspp per b9a: No. ? red. 4 cars. re-
jected, 1: total, 5 cars. Corn: No. 2 white. 2
cars; No. s white, y; No 4 white. 2; No. ,
yellow, /; No. 3 yellow, Z; No. 3 mixed, s: total,
30 cars. oats: No. ? white. 4 cars; No. ? mixed,
/; rejected. 1; total, 6 cars. Hay: No. l clover.
mixed, / car.
The wagon market was rather slow. Offerings
of corn and hay were large. and much OF the
corn and hay sold at the lowest quotation un-
less sold in the early part of the day, sellers
not having the say to the extent they have had
much of the time of late owing TO limited Of
ferings. The following quotations cover the
wagon market:
WAGON MARKET
Wheat-70c.
Corn, 66d6Sc.
Oats-39H40c.
Hay-Timothy, choice, Si20l3; mixed, sl0a11;
| clover. sSnlO per ton.
Sheaf Oats-s9d1 per ton.
per ton, according TO quality.
Below are given the inspections OF September
and corresponding months of 1900 and 1899. as
reported by the secretary OF the Board Of Trade: