People's Pilot, Volume 4, Number 33, Rensselaer, Jasper County, 9 February 1895 — MARKETS UNSTEADY. [ARTICLE]

MARKETS UNSTEADY.

SHARP ADVANCE IN CORN, SUCCEEDED BY REACTION. All Chicago Grain Markets Finally Close at a Decline—Provisions Firin and Morin? Upward —Closing Quotations on Wall Street. Chicago, Feb. 7.—There was commotion in the entire grain trade the first hour of the session because of the retn irkaVl action in corn. Following: two days' advance that market wt.i up ’4c additional at the start at 18c for May, made a dip to 45%c and sold to 46**c with the trade greatly excited. May wheat sold between 50 T s and 5444 c, holding around 54c. Oats sold 29”*c and 2.-«sc May. Pork went from $10.20 last night to $10.55 best point early. Lard 12%c up, ribs 12%c higher. Receipts wire light owing to the storms —Wheat 5 cars, corn 74. oats S 3. Late dispute lies rated to report any export sales of wheat at the seaboard. There .is no cash business here to speak of. When corn lost its advance the last hour v beet weaken id readily and dosed 53*£c May :\c lower ti an yesterday. Before the cose the longs in corn made a grab at profits. They sold considerable •and as the shorts were over their anxiety the market weakened quickly. Muy price trapped to 45‘ jc and closed A.P.jC. > 4 c under last night. Ic under high point to-day. CPi.rk opened lt)c ftp at 41 J. 3) aud went to #io 55. The packers offered enough stuff to lose the markets at 410.40. -JOc up for the lay. Lard went to $6.85 seller at top point, snout lac gain, aud closed 4»i.i7'._,. Pc up. I'ibs sold and closed *5.40, 7J*c up. Quotations were: CIXXIXU. ARTICLE!. High. Ik) w. Feb. 7. Feb. 6. Wheat—B Feb.. ..I .51 M l ..’O'-, 4 Mar.... -54-‘„ ,t«M .54 <July.. . .55 > 4 J .54**4 .15 Corn—2 > Feb..,l 42J4 .43 May 4*i;i ,45 l J .45%' .45% July.... 40 I .45 i .45*, .4544 Vats—2 Feb2B .27%; .27% .27% May... kVJji ,w%| .29% June .. .29% .29% .29% .29% July... .29% .28% I 28% .27% Fork— Feb 10.15 9.95 May..., 10.55 10.30 10.40 10.20 Lard— Feb 6.62% 0.50 a M ß?be‘' 685 *‘ 7 ° *' 7n * Feb 5.20 5.10 May.... 5,40 5.8 v 5.40 6.3254 Wheat and Corn. Closing prices of wheat and eora at the following named cities were: Wheat—New York—February, 57c; March, 57 %c; May, 53,44 c. St.Louis—February, 51%j; May. 52%c. Duluth—Cash, 56%c; May, 58c. Minneapolis—Cash. 38X<?.1 May. 5544 c. Baltimore—February 57c; May, 59c. Toledo—('ash, 58c; May, 5454 c. Milwaukee—('ash, 52%c; May, 54*. Detroit Cash, 54c; May, 15c. Cons—New York February. 48%'c; May, 49c. St. Louis—February, 4 %c; May, 42%c. Baltimore—February, 47%c: May, 48%c. Walt Street. New York. Feb. 7.—There was a very quiet opening to the share speculation and sales registered were generally at prices a shade higher. The market was stagnant after 10:15 and but few changes were recorded. Chief among them were Advances df % per cent, in New England and % in Laclede Gas and Louisville and Nashville. Money on call easy at I@l>* per cent.; prime mercantile paper. 3%@5 per cent.; sterling exchange steady, with actual business in bankers’ bills at 483’i@483% for demand and at 487>*@487% for sixty days: posted rates, 487%@488% and 48S@ 489%; commercial bills. 466@486*4. Silver certificates, &)Vi@6o%; no sales. Bar silver 5#%. Mexican dollars, 48%. Government bonds steady. Closing quotations were-.

Atchison 4% Mauhattuuloß% Anier. Tobac ... 95% Missouri Pae./. 21 Baltimore &O. .... Michigan (.’ent .... Can. Pacific... Northern Pae <’.. B. nndQ 72% North Pae pfd... 16% C..C..C.&5t.L.. N. Y. Central... Cordage 4% Northwestern... 97 Chicago Gas. .. . 75% N. Y.& N. E 31 Cheeap’kfltO.»... 17 ' N. American'. .: .... Del & Hudson.. . US?! Omaha 32 W ]). L. &■ W.*.... .... Omaha pfd DistiCatlFd C.. 9% Ont. <fc ft'enfn..l6% Den&RQpfd.. Pacific Mail 22% Erie. ..'. l()%|Pullniau East’n Illinois.. ...'.[Reading 9% East Tennessee.. .... Bock Island.. 63% Hocking Valley. 19% Richmond Ter HiinoivCentraf [Silver (er Jersey. Central.... BS% Sugar Refinery.. 93% Kan Tex pfd.. .. iSt. Paul 56% Lead.. 39% St Paul pfd. L.,N. A <& C..’Texas & Pacific L. & NF.3% Union Pacific.... 9% Linseed Oil. .... 18 ; Western Union. 88% I .ake Erie & Wi W abash 6% L. E. & W. pfdlWabash pfd 18% Cake ShoreiWiscon'u Cent Government bonds stand at the following bid prices: Registered 25.... 95 [Currency Os, ’97.104 Registered 4s. ...1 io Currency 6s. ’98.107 Coupon 4sllo Currency 6s. ’99.109 Currency 6s, ’95.100 Coupon 55114% Currency 6s, '90.103" Regist’d 5s ex 1..U4% Chicago Produce Market. Chicago. Feb. 7.—Butter—Dull. Extra creamery, 23c per lb: firsts, 21@ 22c; seconds, 17@ 19c; dairy, firsts, 15@17c; seconds, 10(312c; packing stock, 6@9c. Cheese—Steady. Full cream Cheddars new, 9@9%c per lb; twins, n»w, 9%@ 10c; Young America, new, 10@10%c; Swiss, new, 10%(tfll%c; brick, 9%@9%c; Limburger, new, 9%<j410c. Dressed Poultry—Turkeys, fair- to choice 9@loc; chickens, fair to good, 7%c (gß%c; ducks, 10(311c; geese,poor to choice per lb, 9@loc, Eggs -Active. Firsts, full loss off, case, returned, quotable at 26c per doz; cases included, recandled, 27c. Potatoes—Firm. Rose, per bu. 52 2 56c: Burbanks. Wisconsin, 5J tOJ : per bu ; Ilebrons. 5 ■ 5k- per bu. Apples—Eastern stock sa’n’de from $?,00 (33.50 per brl;.western, 42.59*3.30, C tnada, 42 75 ; 3 75. Vegetables—Beets, 00(57 5c per brl: cucumbers home grown, $1 00*1 s'» ,*r doz . celery, 15;«3)c per doz; la tuce, home grown. 9 i c«<8l.OO per ease of 4 doz. options Mi. higau, #1 75*2.00 per brl, sweet pota tves. per brl. I.ive Nioclc. Chicago, Feb. B,—Cattle—Receipts, calves, 109. Trains came strati’ along in the forenoon, protrac.J/Oin- . s till a later hour than usual jw everything offered was taken '•Mrfl was firm. Dressed bed

and shipping steers were quoted at $3.40@5,75, cows and bulls at $1.4*[email protected] and Stockers and feeders at [email protected]. Heavy cattle did not sell quotably higher than on the day before, but other descriptions gained s@loc. Hogs—Receipts. 23,000. There were several sales of heavy hogs at $4.50 and sales of assorted light were reported as high as $4.25. Hardly anything weighing over 250 lbs sold below $4.20 and the bulk of the 150 to 200 lb hogs brought [email protected]. There was an average advance on yesterday’s prices of sc. The danger of a blocade on the eastern roads made shippers hesitate to invest, but there was good buying by local packers and the market remained firm to the close. Sheep—Receipts, 8,000. Buyers paid an advance of s<g)loc. Common to extra qualities were quoted at [email protected]. Lambs also were higher, extra being quoted up to 35.15&5.25, and common to choice selling at $3.25@5. Liverpool. Llvrpool, Feb. 7.—Wheat—Spot No. 2 red winter, 4s 4d; No. 2 red spring, 5s 2d; No. 1 hard Manitoba, 5s Id; No. 1 California stocks xhausted. Futures— February, is 5%d; March. 4s 6%d; April, 4s 7%d; May, 4s 8d; June, 4s B%d; July, 4s B%d. Corn—Spot American mixed, new, 4s %d. Futures—February, 4s %d; March, 4s %d; April, 4s Id; May, 4s Id; June, 4s l%d; July, 4s l%d. Flour—St. Louis fancy winter, 5s 6d. Peoria. Peoria. 111., Feb. 7.—Corn—No. 2, 41%c; No. 3, 41%c. Oats —No. 2 white, 31@31%c; No. 3 white, 30%@30%c. RyeNominal. Whisky Highwine, basis $1.22. Receipts—Wheat, 600 bu; corn, 30,500 bu; oats, 29,700 bu; barley, 5,600 btr. Shipments—Wheat, 600 bu; corn, 7,800 bu; oats, 31,900 bu; barley, 9,100 bu. New York. New York, Feb. 7.—Butter—Receipts, 3,950 packages: western dairy. 10# 15c; western creamery. 11@24c; Elgin, 24c. Eggs—Receipts, 5,067 packages; western, 31@31%c; southern, 30#31c. Coffee —No. 7, 16%c.