People's Pilot, Volume 4, Number 43, Rensselaer, Jasper County, 20 April 1895 — WITH THE TRADERS. [ARTICLE]

WITH THE TRADERS.

CASH WHEAT BRINGS A SMALL PREMIUM OVER MAY. Price Moves Up Nearly 1 Cent —Corn Dull and Oats and Provisions Slightly Lower—Chicago Live Stock Report Wall Street. Chicago, April 17.—Traders In wheat appeared to be much in doubt this morning. There was no influence in the cables. Liverpool was unchanged. Paris a little up. Berlin a little easier. Northwest cars were 194 compared with 263 a year ago. Western markets all told had 172,000 receipts against 272,060 last year. Owing to the opening of navigation the forward movement of wheat was liberal. Official report on the Baltic and sundry shipments gave 3,348,000 bu where the New York dispatches yesterday claimed 4,500,000 Russia and Argentine. Much wheat is being bought at Chicago for country millers. 1 The four ports and New Orleans cleared for the day 487,000 bu In wheat and flour. On this the market made its best rally of the morning. First prices were little changed, with sales for May at 56%c to 56%c, followed by a dip to 56%@56%c and a fair rally to 56%c. Before 12 o’clock there was a second dip to 56%c and a second bulge to 56%c. Later the market held quiet at 56%c, where the May has closed for two days, showing ’>4c improvement from Saturday. There was a surprise in wheat the last hour. Baltic and sundry shipments were corrected to read 5,576,000 bu. On this the crowd broke May price to 56%c. When New York reported 18 boat loads sold for export and round lots sold here amounting to 250,000 bu No. 2 red at May price there was an attempt to buy. The May went up l%c to 57%c in a few minutes. Last prices were 57%@57%c July. There was little speculative feeling In corn at any time. On light receipts of 118 cars first prices were a little up. Then followed about %c decline with wheat. The estimate for tomorrow was but 120 cars. All primary markets had but 132,000 bu receipts. May corn sold 45%c and 45%c, and off to 45%c, with rally later to 45%c. July sold 46%c to 45%c. with rally to 46c. Trade in provisions was very quiet. Pork lost 10@12%c early to $12.25 May, $12.42% July. Lard lost 5c at $6.95 May and $7.10 July. Ribs lost 5c at $6.25 and $6.40 same months. When wheat firmed suddenly the last hour all products recovered to about yesterday's closing prices, closing for May and July at $12.30 and $12,521,4 pork, $6.97% and $7.12% lard, $6.30 and $6.45 ribs. Quotations were: .Articles— High. Low. Close.—Wheat—No. 2. Ap. 17 Ap. 16 April $ .57 $ .55% $ .56% $ .56% Mays 7% .56% .57% .56% July 58% .57% .58% .57% September .59% .58% .59% .58% Corn—No. 2. April4s% .45% May4s% .45% .45% .45% July 46% .45% .46 .46 September .46% .46% .46% .46% Oats—No. 2. April 27% 28 May2B% .27% .28% .28% June...,' .. .25% .28% .28% .28% July 27% .2?% .27% .27% September .25 .24% .24% .25 Pork—' May 12.32% 12.25 12.30 .12.35 July 12.52% 12.42% 12.52% 12.55 Lard— May 6.97% 6.95 6.97% 6.97% July 7.12% 7.10 7.12% 7.12% September 7.25 7.20 7.25 7.27% Short Ribs— May 6.30 6.25 6.30 6.30 July 6.45 6.40 6.45 6.45 September 6.57% 6.55 6.57% 6.57%

Wall Street. New York, April 17.—The stock market opened moderately active and lower. The receipt of easier quotations from London, coupled with the unfavorable St. Paul report of-earnings for the second week of April, were the primary causes for lower values. The coal shares were taken in hand by the bull operators and New Jersey Central and Delaware and Hudson were marked up 1% per cent. Reading 1 and Lackawanna IVi. The other shares traded in also evinced strength. The upward movement continued until toward noon, when came the announcement of the passing of the Baltimore and Ohio dividend, causing q’n additional decline in the company's stock of V/s per cent, making the loss from yesterday 2% per cent. The general market fell off a small fraction. Money on call easy at 2 per cent. Prime mercantile paper 4@5% per cent. Sterling exchange quiet and a shade easier, with actual bankers’ bills at 489%@489% for demand and at 486’,4@ 488% for sixty days. Posted rates 488% @489 and 490@490%. Commercial bills 487%@487%. Silver certificates 67%@68; no sales. Bar silver, 67%. Mexican dollars 53%. Government bonds firm. Closing quotations were: Atchison 5% Manhattanllß’ f Amer. Tobac.... 98 Missouri Pac.... 24% Baltimore &O. 58 Michigan Cent 99%’ Can. Pacific 42% Northern Pac C., B. andQ 78% North Pac pfd... 18% C. &Bt.L.. 39% N. Y. Central... 98% Cordage 5% Northwestern.., 98% Chicago Gas 71% N. Y.& N. E 38% Chesap’k&O.... 17% N. American... 5% Del & Hudson... 126% Omaha 33% D. L. & W 160% Omaha pfd llo Diet Catl Fd C.. 15% Ont. & West’n. 16% Den & R G nfd.. 39% Paciflo Mail 23 Erie 10%P-Umanl6o% East’n Illinoisßeading 14% EastTennesseeßock Island 65 Hocking Valley. 26% Richmond Ter Illinois Central. 91%8ilver Cer Jersey Central.. 95 Sugar Refinery.. 105% Kan & Tex pfd.. 29 St. Paul 59% Lead... 32%;5t Paul pfdll7% L., N. Aft C..... 7% Texas &Pa cillc. 10% L. ft W 58%,Union Pucflic... 12% Linseed Oil .... 28% Western Union. 88% Lake Erie ft W„ 19% Wabash 6% L. E. ft W. pfd.. 76% Wabash pfd ... 14% Lake Shorel4l% Wiscon’n Cent Government bonds stand at,the following bld prices: Registered 25... 95 6s. ’97.105% Registered 4s. ...111% Currency 6a, ’98.108% Coupon 45112% Currency 6s. ’99.111 Currency 6s, ’95.100 Coupon 5s Currency 6s, '96.102% Regurt’d ssexl.. ....

Chicago Produce Market.

The following quotations are for large lots only; small quantities are usually sold at advanced prices: Vegetables—Cabbage, [email protected] per crate; celery 20@40c per dos; carrots, 75@90c per brh egg plant, 50c@$l per dos; lettuce, 85c@$l per case; onions, Michigan, $1.90@2 per brl; string beans, green, [email protected] per 1-bt box; wax. S 3 per brl; squash. [email protected](' per dos; turnips. 18@20c per bu. Butter—Creameries, extra, 200 pej

lb; firsts, 19@19%c; seconds, 14©15c; third. 10912 c; dairies, extra, 18c; firsts, 14615 c; seconds, B@9c; Imitation creameries, extra, 15c; ladles, extra, 12 ©l3c; firsts, 9@loc; seconds, 6@7c; packing stock, fresh. 6@7c; grease, 3@sc. Cheese—Young Americas, new, 10c ©lo%c; twins, new, 9@loc; Cheddars, 9@9%c; bricks, choice to fine, 11%©12%c; Limburger, 11®12%c; Swiss, new, 10% ©llc. Live Poultry—Turkeys, choice, 12c per lb; fair to good, 10@llc; roosters, sc; ducks, fair to choice, 10%@llc; geese, $3.50@5 per doz. Apples—sl.7s®3.so per brl. Potatoes—Hebrons, 64@€8c per bu; rose, 68® 70c; peerless, 65@68c; Burbanks, 65@70c. Sweet potatoes, Illinois. [email protected] per brl. Eggs—Salable at ll%c per doz when cases are returned, 11%@11%c cases Included.

Live Stock. Chicago, April 17.—Cattle—Receipts, 9,500; calves, 600. After buyers started tn to buy a fair business was transacted at unchanged prices, and very common to strictly choice native beef steers sold at $4(&6, the great bulk of the sales being between ss®6, with the large part of J the good beeves at [email protected]. Extra', beeves were steady at [email protected]. Eastern shippers and dressed beef firms' were fair buyers, but the decline in British markets checked the export trade. There was a very good call for butchers’ and canners’ stuff at [email protected], good cows selling largely at $3.50 and upward. Veal calves were unchanged and sales were largely at $3@4,75. Texas cattle were in fair demand, and fedl steers went largely nt [email protected], grassy cattle selling at [email protected]. Hogs—Receipts, 10,000. Sales were at' a range of $4.80©5.25 for heavy, the bulkgoing at [email protected]. Light-weights sold at [email protected], chiefly at [email protected], and common to choice mixed found buyers' at [email protected]. Sheep—Receipts, 11,000. Trade was extremely light, and the market was weak and lower, particularly for the numerous flocks of Texas clipped sheep. Inferior to fancy sheep were slow at ?2.50<?7> 5, Texans selling at [email protected] and westerns at [email protected]. Lambs sold at $3.50® 5.50.

Wheat ami Corn. Closing prices of wheat and corn at the following named cities were: Wheat—New York—May, 62%c; July, 62%c; September, 63%c. St. Louis May, 55%c; July, 55%c. Duluth—Cash, 62c; May, 62%c. Minneapolis—Cash, May, 60%c. Baltimore—April, 63Hc; May, 62’4c. Toledo—Cash, 5914 c; May, 59%c. Milwaukee—May, 59c; July, 50%c. Detroit—Cash, 59c; May, 59c. Corn—New York—May, 50%c; July, 50%c;. St. Louis—May, 42%c; JvHy, 43%c, Baltimore—April, 49%c; May, 49%c.

Liverpool. Liverpool, April 17.—Wheat—Spot No. 2 red winter, 4s lOd; No. 2 red spring, 5s 2d; No. 1 hard Manitoba, 5s 2d; No 1 California, 4s lid; futures, April, 4: lOd; May, 4s 10%d; June, 4s lOfcd; July 4s lOd; August, 4s 10%d; September, 4: lid. Corn—Spot, American mixed new* 4s 2’4d; futures, April, 4s 2%d; May, 4r. 2%d; June, 4s 2%d; July, 4s 3%d; August, 4s 3*£d; September, 4s 4d. Flour —St. Louis fancy winter, 5s 9d. Peoria. Peoria, 111., April 17.—Corn—No. 2, 44%c; No. 3, 44’40. Oats—No. 2 white 31@31’4e; No. 3 white, 30%@31c. RyeNo. 2, 58@61e. Whisky—Finished goods, $1,21. Receipts—Wheat, none; corn, 22,700 bu; oats, 41,800 bu; rye, 600 bu; barley, 700 bu; Shipments—Wheat 1,200 bu; corn, 5,200 bu; oats, 45,100 bu rye, none; barley, 1,400 bu.

New York. New York, April 17.—Butter—Rc ceipta, 4,070 pkgs; western dairy, SF, lO’/ic; western creamery, 12<Q>20c; El gins, 20c. Coffee—Dull, No. 7, 15%c.