People's Pilot, Volume 4, Number 39, Rensselaer, Jasper County, 16 March 1895 — WHEAT BOOMS AGAIN. [ARTICLE]

WHEAT BOOMS AGAIN.

HULLS CONTROL IN CHICACO MARKETS. Ower 1 Cent Advance In the Price of the Leading Cereal —Corn Follows, hot Only Gains Fractionally—Provision* Advance —Wall Street. Chicago, March 14.—Most Important In its bearing on hte wheat market was th»- review of the situation concerning reserves, as given by the Price Current in advance sheets. This authority, after making total crop of 1894 515 #IOO,OOO bu, arrives by reasonable figurte at the conclusion that the present raf.3 of exports July 1, 1895, will find bl*r 45,000,000 bu wheat in the country, visible supply, reserves and all other resources. While the early English arises were flat and %d lower, the lat* • continental cables gave asharp Ut.nfp in prices at Antwerp and Berlin. Tin*. reports from the seaboard gave clearances the best of the week at 240.000, bu wheat and flour. Milwaukee millers reported acceptances abroad at ft\ advance. Toledo reported 150,000 cash sdld at May price to go by rail to , seaboard. Kansas City reported cash sales at top for the season at 55c f. o. b. May wheat opened 56%c and 56%c i and dipped lo 56c shortly after. There wits a rally to 56%c at 11 o’clock, to oftk.c at 12 o’clock, and a further advance of Vic to 57Vie at 1 o’clock, trade booming. Wheat trade increased in force toward the close. The May price went to 57%c, r.et rly l’jc up from low point early, anti closed 57%c, l%c up for the day. Another round lot of No. 2 red reported soli’, here divided between Ohio -and Indiana millers;. The trade was broad and strong to the last. There was no big market in corn such as seen in wheat. There was a fair show of strength both early and late and an advance of %c in the May ; . . Local receipts were very light at 111 cars. The estimate was light at 120 cars.' All western markets for the day r'ec ived about 173,000 bu, and shipped 503,0 ". Receipts at these points a year ago w. re 459,000 bu. In local receipts. the Gears of contract grade wcTi- transfers, with no No. 2 actually re: eiveci. Wheat w.as so strong as to help" advance corn. May corn cold at 47%"And 46c at opening, touched 46%c (fflG’i-c. weakened to 46c and later firmed to 40’-,c. «' ;a touched 46%c on the late -i re: 1 h and closed seller at that price. Ju’y close'! 4:h> io%c, .September 4G%c. May pork opened at 12%c to 17Vac higher at $11.>5 to $11.90 and touched

$11.93 a rly. Then there was quiet until after midday. Then the bidding by local plungers, probably representing manipulators, was resumed. May pork went to $12.17%, ,-,r 45c over the close yortm-day. At the same time lard acl- \ rtneed lev to $6.20 for May, ribs 15c to $3.55 May. Quotations were: Articles— " High. Low. Close.— Wheat —No. 2. Mar.l4.Mar.l3 March $ .55% $ .54V4 $ .55% S .54% May 57% .56 .57 Vi .56% July .58Vi .56% .58% .07 Kept 58% .57% .58% .57% Corn—No. 2. March 44% .41% May 46% .45% .46% .45% July 40% .43% .40 .45% Kept 40% -45% .46% .45% Oats—No. 2. March 28% .28% May 29% ,29% .29% .29% June 29% .29 .29% .29’/; July 28% .27% .28% .28 PorkMay 12.20 11.85 12.12% 11.72% July 12.25 12.00 12.22% 11.83 LardMay 6.92% 6.82% 6.92% 6.80 July 7.02% 6.95 7.02% 6.92% Sept 7.15 7.10 7.15 7.05 Short Ribs— May 5.95 5.85 5.95 5.80 July 6.07% 5.97% 6.07% 5.92% Kept 6.171/2 6.10 6.17% 6.05 "

Wall Street New York, March 14.—The stock market opened active and generally <Qrm. The general railway list was without feature. Silver certificates advanced to 61 Vj bid and 61% asked. The market was generally strong after 11 o’clock-,; with the - coal shares the leatlprsin the speculation. Sugar and General Electric .were the,only other stocks at all prominent in the dealings. About noon New Jersey., Central reacted %, but in the main" 'prices were well held. Money on call- easy at 2 per cent. Prime mercantile paper, 3%@5% per cent. Sterling* exchange firmer, with actual business in bankers’ bills at 480% @489 % for demand and at 488 for sixty, days; posted cial bills, 487@487t4. Silver certificates, 61% bid; no sales. Bar silver, >, 81?/i. Mexican d’ollars,* 49%; Government bonds firmer. v " • ; ' Closing quotations were:

Atchison - . ..' 4 i Manhattan 109Amer. Tobac,... 93 Missouri Pag.,.. '20% Baltimore’ &Q. -53% Michigan Cent ....■ Can. Pacific..... 37% Northern.Pac.. 20% C;, B. and Q..... 71 INorth Pac pfd,.. 14. W. C.,C,,C. & St.L, 86% N;-*Y. Central... 94% Cordage 4.. sb, Northwestern..BS% Chicago Ga 5..... 71% N. Y v & N. E 33' Chesnp’k&O.... 10 IN. American/ - .. 3% Del & Hudson... 125% Oifiaha .C.„. 30 k, U. L. & W 160 Omaha pfd - * .... Ditit Catl Fd C.. 12% Out. &West’n.. ..'L' Den & R G Dfd Pacific Mail:.... 22% Erie 7% Pulliflfaup;........ 155 East’ll Illinois.. .. .. Readingi, ..... . S% EastTenuessee Rock Island 62% Hocking Valley. 23 Richmond Ter. - .. .... Illinois Central.. 84% Silver Cer....; Jessey Central.. 88% Sugar Refinery.. 99% Kan & Tex pfd.. 23% St. Paul 55 Lend 30 St Paul pfd 117 , L., N. A& C Texas & Pacific.. 8% L.&N,... 47% Union Pacific.... 8 Linseed Oil Western UnioD. 88 Lake Erie &W, 10 Wabash 5% L. E. A W. pfd, 71% Wabash pfd 12% Lake Shore Wiscon’n Cent Governmentbonds stand at the following bid prices: Registered 25,. 95 VCurrency 6s, >97.105 'Registered 45.., 110% Currency os, ’98.108 Coupon 4s. in Currency 6s. ’99.110 Currency Os, ’95.100 Coupon 5s Currency Os. •90.102 Regist'd 5s ex 1 Wheat and Corn. Closing prices of wheat and corn at the following named cities were: Wheat—New York—March, 6H2C; May, 62%c; July, 62%c. St. Louis— March, 55%c; May, 56c. Duluth—Cash, S2c; May, 62%c. Minneapolis—Cash, 61 tic; May, 60%c. Baltimore—March, 61%c; May, 62V 2 c. Toledo-r Cash, 58&c; May, 58%c. Milwaukee—Cash 58c; July, 59c. Detroit—Cash, 68%c; May, 69c.

Corn—New York—May, July, 50%c. St. Louis—March, 42%c; May, 43c. Baltimore—March, 49%c; May, 50c. Chicago Produce Market, The following quotations are for large lots only; small quantities are ; usually sold at advanced prices: Vegetables—Cabbage, $2.75@3 per crate; celery, 10@25c per doz; carrots, j 75@90c per brl; egg plant, 50c@$l per ]doz; lettuce, 75®S5c per case; onions, red, $1.50@2 per brl; yellow, $1.50®>2; string beans, green, [email protected] per 1-bu box; wax, $3 per brl; Squash, [email protected] per doz; turnips, 18®20c per bu. Butter —Creameries, extra, 18c per lb; first, 17®17%c; second, 14@15c; third, 10@12c; dairies, extra, 17e; first, 14® 15c; second, S@loc; imitation creameries, extra. 15c; ladles, extra, 12@13c: | first, 9@loc; second, 6@7c; packing ! stock, fresh, 6@7c; grease, 3@se. | Dressed Poultry—Turkeys, choice, 12c 1 per lb; fair to good, 10@llc; chickens, j old hens, 9@9%c; springs, 10@10%c; i roosters, 6@6%c; ducks, fair to choice, | ll@12c; geese, B%@loc. Apples—[email protected] per brl. Potatoes—Hebrons, 65@67c per bu; j rose, 62@65c; peerless, 62®65c; Bur- ] banks, 68@70c. Sweet potatoes, Illinois, | [email protected] per brl. Eggs—Salable at 11c per doz when i cases are returned, 14%c eases included.

Live Stork. Chicago, March 14.—Cattle —Receipts, 9,000; calves, 500. There xvas any number of sales at better than $5.73 and perhaps three-fourths of the steers sold above $4.75. A’ ?<sw rough, thinnish lots went at $5:90®4, but it was a very ordinary buiich that could not be turned ’over at better than. $4.60. There was a light trade in Stockers and feeders at [email protected]. Good Vq extra steers showed an advance of s@locl Hogs—Receipts, 38,000. Heavy hogs—averages of over 250 lbs —sold principally at $4.45®>4.55; averages of from 200 t0.£50 lbs principally at [email protected], and lighter weights largely at [email protected]. The quantity was pretty good and sales below's4/25 were few. @3 for very ’common stuff quotations range upward to [email protected] for extra. Lambs /were salable at ?2.50®5.69 for common to fancy. A lot of fancy sheep brought $5. Liverpool. Liverpool, March 14.—Wheat—Spot No. 2 red winter, 4s 9%d; No. 2 red spring, 5s 3d; No. 1 hard Manitoba, 5s 3d; No. 1 California, os l%d. Futures — March, 4s 9d: April, 459%d; May, 4s 9%d; June, 4s 9 ! ;id; July, 4s lCd; August, 4s 10% d. Corn —Spot American mixed, new, 4s Bd. Futures—March, 4s 3d; April, 4s 2%d; May, Is 3d; June, 4s 3d; .July, 4s 3d; August, 4s 3d. Flour— St. Louis fancy winter, 5s 9d. Peoria. Peoria, 111., March 14. —Corn —No. 2, 43c; No. 3,42 Vic. Oats—No. 2 white, 31% ®3l Vic; No. 3 white, 20%@31c. RyeScarce. Whisky—Finished goods, $1.25. Receipts—Wheat, none; corn, 29,900 bu: oats, 30,800 bu; rye, none; barley, 3.590 tou. Shipments—Wheat, none; corn, 4,500 bu; oats, 39,600 bu; rye, none: barley, 8,500 bu.

Toledo. Toledo, Ohio, March 14.—Wheat—Cash and March, 58%c; May, 58%c, 59c asked: July, 59c; No. 3 soft, 58c. Corn—Cash, 45%’c; May, 46%c. Oats—Cash, 31c bid; No. 2 white, 33%c. New York. New York, March 14.—Butter—Receipts, 2,315 pkgs; western dairy, 8(5 13%e; Elgins, 19c. Eggs—Receipts, 1C,057 pkgs; western, 12%c. Coffee—Quiet.