People's Pilot, Volume 5, Number 10, Rensselaer, Jasper County, 29 August 1895 — WITH THE TRADERS. [ARTICLE]

WITH THE TRADERS.

CHICAGO MARKETS TOUCH LOWEST POINT FOR WEEKS. Wheat, Corn and Oats All Affected — Wheat l-2e Off from Tuesday —Corn Recovers Somewhat at the Close — Wall Street. Chicago, Aug. 28. —Wheat operators started the day with the same discouraging influences for holders. The foreign markets were heavy and going lower with the same ease as Chicago and the other markets on this • side. There was sbme export movement, about 130,000 bu from three ports, but not enough to give any help to the market. The September liquidation was more general than on any day previous. Northwest wheat receipts, while not up Ao last year at Duluth, were heavier at Minneapolis. The 697 cars looked heavy enough to holders with heavy losses. Early selling carried September price from 60c to 59%c, more than l%c under last night. December sold 62%c off to 61%@61%c. September recovered to 59%@59%c, the December to 62(4@6294c. Chicago actual receipts were but 50 cars, 13 contract. Last year this market had 514 cars, 408 contract. All western markets had 637,000 bu, compared with 1,335,000 last year. To-day’s movement was made up chiefly of 401,000 at Minneapolis and Duluth. Last year Chicago and Toledo had 650,000 bu, about half the great total. Wheat and flour clearances three ports (Boston holiday) were fairly good at 323,000 bu. On the rally of %c the trade became very dull. There was a better feeling during the last hour, September selling up to 59% @59%c and December to 62%@6294c, but both eased off some later.

Corn had a break early from which there was but poor recovery. The country had additional rains. St. Louis had new corn from Indian Territory and said shippers ready to furnish 50,000 bu, prompt delivery. Exports were light. On the other hand receipts were off to 274 cars and about the same for to-morrow. Shipments were heavy at 400,000 bu. Out inspection reached 246,000 bu. The cash premium continues. The September opened around 35%c, touched 35% and 35%c, and rallied again to 35%c. May sold 31c to 30%c and firmed again to 31c. The market reacted some during the closing hour, September selling to 35%c and May to 30%c, but weakened a trifle later. •

Hog products are lower, being affected by the demoralization in everything else. Pork for September sold from $9.45 to $9.10, but recovered some; lard from $5.95 to $5.87%, and ribs from $5.75 to $5.60. Quotations were: , Articles— High. Low. Close. Wheat—No. 2. Aug.2B.Aug.27. Aug, $ .59% $ ,58% $ .59% $ .60 v Sept 60 ,59Vs .59% .60% Dec 62% .61% .62% .62% May 66% .66 .66% .67% Corn— Aug 36% .36% Sepf. ...... .35% .35% .35% .35% Oct 35 .34% .35 , .35% Dec 30% .29% .30% .SOU May 31 .30% .30% .31% Oats— Aug. 18% .19% Sept 19 .18% .18% .19% Oct IS% .18% .18% .18% Dec 20 .19% .19% May.. 22% .21% .22 .22U Pork— Sept 9.45 9.10 9.20 9.50 Oct 9.50 9.20 9.27% 9.52 U Jan 9.85 9.67% 9.77% 9.90 ' Lard— Sept 5.95 5.57% 5.57% 5.92% Oct 6.02% 5.92% 5.95 ~ 6!05 " Jan 6.00 5.72%, 5.95 6.00 Short ribs — Sept 5.75 5.60 5.65 5.77% Oct 5.85 5.65 5.70 5.85 Jan 5.17% 5.05 5.07% .5.15

Chicago Piodme Market. Tbe following quotations are for large lots only; small quantities are usually sold at advanced prices: Apples, sl@2 per bbl. Vegetables —Cabbage, choice, [email protected] per 100; cauliflower, 25@50c per case; celery, 25c@$l per case; cucumbers, 25@50c per bbl; green peas, [email protected] per sack; onicns, $1.25@2 per bbl; home-grown, 60c per 1%-bu sack; squash, 15@25c per crate; Lima beans, 25@30c per qt; string beans, green or wax, 30@35c per sack of iy 3 bu; sweet corn, 2@oc per doz; turnips, white, 25@30c per bu; tomatoes. 25@35c per crate of 4 baskets. Butter—Creameries, extra, 20c per tb; first, 18@19c; second, third, 12@13%c; dairies, extra, 17c; first 13 1 second, 10@ll%c; imitation creameries, extra, 15c; ladles, first, ll@12c; second, 8%@9; packing stock, fresh, B%@9c; grease, 3@sc. Poultry—Turkeys, choice, 9c per lb; fair to good, 7c; chickens, hens, B%c; springs. 11c; ducks, fair to choice, B@9e; geese, s4@s per dozen. Beans —Peas and navy beans, hand-picked, [email protected] per bu; good, clean, $1.60@ 1.70. Lima beans, California, $5.75@6 per 100 lbs. Cheese—Young Americas, choice, 7@7%c; twins, 7@7 1 /2c; Cheddars, 6%@7c; brick, 8c; limburger, B%c; Swiss, Veal—Fancy calves, 7%@Sc per lb; fair to good, 7c; small, thin, 4V2@sc; coarse, heavy carcasses, 4c. Eggs—Salable at 12c per dozen when cases are returned, 12%c cases included. New PotatoesBulk stock. 30@33c. Sweet Potatoes—[email protected] per bbl. \Y;i 11 Street. New York, Aug. 28.—The stock market opened active apd somewhat irregular, with the changes mainly in the way of gains. Share values generally improved fractionally after 10:15. Speculation after 11 o’clock was easier in tone, due to realizing sales. The tendency of prices was downward in the ensuing hour, and at 12 o’clock the •market was still heavy. Money on call easy at 1 per cent. Prime mercantile paper, 3 1 ig‘i 3 4 per ceat. Sterling exchange steady, with

actual business .a bankers’ bills at 439%(3490 for demand and aj 48894® 489 for sixty days. Posted rates 489(g) 489% and 49D@49J%. Commercial bills, 4SS. Silver certificates, 67; sales, SIO,OOO. Bar silver. 66%. Mexican dollars, 53%. Government bonds firm. Closing quotations were: Atchison Manhattan .... 114% Am. Cotton Oil. 25% Missouri Pacific 09% Amer. Tobae.... 96% Michigan Cent.. 102 Baltimore & 0.. . . NorthernPac... 5 Can. Pacific ... 56 North Pacpfd.. 18% C. B. & Q 92% N. Y. Central. .104%' C. &St. L.. 49% Northwestern.. 100'%' Cordage 5% N. Y. &N. E... 63% Chicago Gas ... 62% N. American... 5% Chesap kifc 0.... 21% Omaha 45 Del. & Hudson.. 131 Omaha pfd D. L. & W Ont. & Western 18 Dist C’atl Fd C.. 21 % Pacific Mail. .. . 30 Den & R G pfd.. 52% Pullman 173% Erie ;.. 9 % Heading 19% East'n Illinois Rock Island.. . 81% East Tennessee Richmond Ter Illinois Central. 104%, silver Cer Jersey Central.. 109% Sugar Refinery. 109% Kan & Tex pfd.. 3S St. Paul 77% Lead 35 St. Paul pfd....129% L., N. A. & C.... 9 Texas & Pacific 12% L. & N 63% Union Pacific.. 15 Linseed Oil Western Union. 94% Lake Erie & W. . 26% Wabash 9% L. E. &W. pfd. 80% Wabash pfd.... 23% Lake Shore Wiscon’n Cent.. 6% Government bonds stand at the following bid prices: Registered 25.... 96% Currency 6s, '97.103 Registered 45.... 112% Currency 6s, '98.107 Coupon 4s 112% Currency 6s, ’99.109 Currency 6s. '95.100 Coupon 5s Currency 6s, '96 101 Registered 55.. .115%

Live Stock. Chicago. Aug. 28.—Cattle—Receipts, 14,000 head. Common to extra choice native steers were in demand by dressed-beef firms and eastern shippers at [email protected], with sales principally at [email protected]. The Stocker and feeder trade was again lively, and there ■were large sales of these cattle at $2.40 @4 to western buyers. Bulls went at [email protected] and cows and heifers sold at [email protected], principally at $1.75@3. Veal calves were active once more at $4.25 @6. Hogs—Receipts, 20,000 head. Heavy hogs sold at $4(g4.55, choice butchering weights selling around $4.60. Mixed lots sold at $4.15® 4.65, and common to prime assorted lights at [email protected]. The bulk of the trading was done at $4.40®4.55 for shipping lots of heavy hogs and at [email protected] for packing hogs. Sheep—Receipts. 12,000 head. They were in very good demand at $1.25@ 1.75 for inferior lots up to [email protected] for choice to extra heavy export flocks, some wethers bringing the top price. Few such sheep are to be had, and natives sell principally at $2.40@3, while westerns bring $2.50@3. Lambs are active at [email protected].

Whfit mul Corn. Closing prices of wheat and corn at the following named cities were: Wheat—New York, September, 6594 c; December, 6794 c; May, 7194 c. St. Louis —September, 61%c; December, 62%c. Duluth—Cash, 58M>c; September, 589£c. Minneapolis—Cash, 5694 c; September, 56%c. Baltimore —August, 62 94c; September, 63%c. , Toledo —Cash, 6394 c; September, 63%c. Milwaukee —Cash, 58%c; September, 59%c. Detroit —Cash, 6294 c; September, 6296 c. Corn —New York —September, 41%c; October. 40"8e: May, 36.94 c. St. Louis— September. 34c: December, 2594 c. Baltimore —August, 42 %c; September, 4294 c. Liverpool. Liverpool, Aug. 28.—Wheat —Spot; No. 2 red winter. 5s Id; No. 2 red spring, 5s No. 1 hard Manitoba, 5s 4d; No. 1 California. 5s Id. Futures: August, ss; September, ss; October, ss; November, 5s 96 d; December, 5s Id; January, 5s l%>d. Corn —Spot; American mixed, new, 3s 7!4<E Futures: August, 3s 7d; September, 3s 79id; October, 3s 7%>d; November, 3s 794 d; December, 3s 796 d; January, 3s 5%d. Flour —St. Louis fancy winter, 7s. l'eoria. Peoria, Aug. 28. —Corn —No. 2,36 c; No. 3r 35 96c. Oats —New No. 2 white, 21@21%c; new No. 3 white, 20@219fcc. Rye—No. 2, new, 42c. Whisky—Finished goods on the basis of $1.22 for high wines. Reciepts—Wheat, 2,400 bu; corn, 39,750 bu; oats, 43,750 bu; rye and barley, none. Shipments—Wheat, 1,800 bu; corn, 23,800 bu; oats, 60,650 bu; rye and barley, none.

New York. New York, Aug. 28.—Butter—Receipts, 6,066 pkgs; western dairy, 9 13c; western creamery, 13@20c; Elgins, 20c. Cheese —Receipts, 4,402 pkg 3; large. 6@Bc; small, 6%@8%c; part skims, 2 1 4@6%c; full skims, Eggs—Receipts, 6,899 pkgs; state and Pennsylvania, 15@16c; western, 13*4 @ 15c. Coffee —Market quiet. Toledo. Toledo, Ohio, Aug. 2S. —Wheat —Cash and August, 6314 c; September, 63%c; December, 6514 c; May, 691gc; No. 3 soft, 61c. Corn —Cash, 37c. Oats —Cash and September, 20c; May, 23%c.