People's Pilot, Volume 5, Number 15, Rensselaer, Jasper County, 3 October 1895 — JUMPS UP TWO CENTS. [ARTICLE]

JUMPS UP TWO CENTS.

CHICAGO WHEAT MARKET GETS A WHIRL. The Price at the Close of the Day’s Business Shows a Net Gain of lc — Corn Also Closes Firmer —Prices in Wall Street. Chicago, Oct. 2. —Wheat traders were at sea this morning. On the advance to 64c Monday the shorts were pretty well run in, except such as have short lines out to stay. On the break to 61c the longs let go of a world of wheat. When the price could not be forced but %c lower at the opening this morning, the early settlers made an effort to get their wheat back. There was 1c upturn in half the time it took to get the %c decline. The early Liverpool message was Id lower. The late cable came % @%d higher. The export clearances amounted to 335,000 bushels wheat and flour. The Northwest receipts were les heavy, at 909 cars, yet far ahead of the 697 cars last year. The receipts here included another cargo of Duluth wheat. The interview of a leading trader saying that No. 2 spring wheat is at 2c discount from December price here was flatly contradicted by grain handlers, who were bid this morning within %c of December price for No. 3 spring by millers, and within 1c of December by elevator people, to go to store. The No. 2 spring brings a fair premium. The receipts at St. Louis, Toledo, Detroit and Chicago continue so light as to be a constant element of strength. The December started %c off, at 60%c and sold 60%c. The early rally was to 6iy 2 c. After selling 61%c, the second rally was to 61%c. After holding 61%c for a time, the third bulge was to 61%c.

Wheat became much stronger again about 1 o’clock and the December price went from 61%c to 62%c in a few minutes. A rumor of 30 boat loads worked for export at New York helped the advance. Although the export sales were not confirmed, the market closed strong at 62c, lc over the close yesterday. May touched 66%@66%c and closed lc up, at 65%c. It was a moderate trade in corn, with a disposition to follow the wheat market. The October weakened to 30%© 30%c at opening and rallied to 30%c the first hour, to 31c after 12 o’clock. May sold at 29c flat at opening and firmed to 29%@29%c. The receipts were moderate at 344 cars; the estimate for tomorrow, 335 cars. The outward movement was liberal. Withdrawals were 207,000.. bushels and shipments 2'-. hours 420,000 bushels. The four ports cleared 111,000 bushels. Corn touched 29%c and closed 29%c May. This was %c gain. Charters were 121,000 bushels. It was slow trade in provisions. January pork sold $9.42% and $9.50 and closed $9.45. Lard lost 2%c at $5.80 January. Ribs lost 5c at $4.82% January. Quotations were: Articles. High7~Low. —Close. Wh’t-No. 2. Oct. 2. Oct. 1. Oct. ...$ .61 $ .59% $ .60% $ .59% Dec 62% .60% .62 .61 May ... .66% .64% .65% .64% Corn— Oct3l .30% .30% .30% Dec. .... '.28% .27% .28% .27% May ... .29% .29 .29% .29% Oats— Oc tlß% .18 .18% .18% Declß% .18% .18% .18% May... .20% .20% ,20% .20% Pork — Oct 8.25 8.32% Jan. ... 9.50 9 42% 9.45 9.50 “ Lard— Oct 5.80 5.82% Jan. ... 5.82% 5.80 5.80 5 82% S. Ribs— /2 Oct. ... 5.42% 5.30 5.40 5.45 Jan. ... 4.85 4.82% 4.82% 4.87%

Chicago Pioduce Market. The following' quotations are for large lots only; small quantities are usually sold at advanced prices: Fruits —Apples, [email protected] per brl. Vegetables—Cabbage, choice, 75c per 100; cauliflower, 25@40c per case; celery, 25@50c per case; cucumbers, 75c per brl; onions, 20@25c per bu; Lima beans, S@loc per qt; string beans, green, 50@60c per sack of iy 2 bu; wax, 75@90c; sweet corn, 2@sc per doz; tomatoes, 10@15c per bu basket. Butter —Creameries, extra, 21%c per lb; first, 18@20c; second, 13@16c; third, 9@llc; daries, extra, 17c; first, 13%@14%c; second, 9@llc; imitation creameries, extra, 15c; ladles, first, ll@12c; second, B%@9c; packingstocks, fresh, 7%@9c; grease, 4@sc. Live Poultry—Turkeys, choice, hens, 7c per lb; springs, 6@7c; fair to good stock, 5%c; chickens, hens, B@B%c; springs, 10c; ducks, fair to choice, 9%@10c; geese, s4@s per doz. Eggs—Salable at 15c per doz when cases are returned; 15%@16c cases included. Beans—Peas and navy beans, hand-picked, [email protected] per bu; clean, [email protected]. Lima beans, California, [email protected] per 100 lbs. Cheese —Young Americas, choice, 7%@8%c; twins, 7@7%c; Cheddars, 7@7%c; brick, 7%c; Limburger, 7%@Bc; Swiss, 12@12%c. Potatoes—Bulk stock, 20@ 25c. Sweet potatoes—[email protected] per brl. Wall Street. New York, Oct. 2.—The stock market opened quiet and irregular, with the changed in the nature of advances. The tendency of prices continued upward till 11 o’clock, but the market displayed a reactionary tendency after IT and'all of the leading shares sustained fractional losses, with the exception of Distilling, which was very weak, declining 1% per cent. A further advance of 1% per cent occurred in Illinois Steel. The market at 12 o’clock was dull and steady. Money on call easy at 1%@2 per cent. Prime mercantile paper, t%@5% per

cent. Sterling exchange weak, with actual business in bankers* bills at 487% @4BB for demand and 486%@487 for sixty days; posted rates, 487%@ 488% and 483%@489%. Commercial bills, 486. Silver certificates, 67%@67%; no sales.. Bar silver, 67. Mexican dollars, 53%. Government bonds steady. Closing quotations were: Atchison2B Manhattanll4% Am. Cotton Oil. 23% Missouri Pacific 38% Amer. T0bac....100 Michigan Cent. ,10>% Baltimore & 0.. 64 Northern Pac .. 5% Can. Pacific.... 61% North Pacold.. 19 C. B. & Q 87% N. Y. Central C.,C..C. &Bt.L.. 46% Northwestern. .105% Cordage 7% N. Y. & N. E Chicago Gas .... 71% N. American... 5% Chesap'k& 0.... 20% Omaha 44 Del. & Hudson.. 133% Omaha pfd.».. D L. &W.... 170% Ont. & Western 18% Dist Catl Fd C.. 24% 'Pacific Mail.... 31% Den &R G pfd.. 54 (Pullmanl73 Erie 12%'Reading 21% East'n Illinois: Rock Island.. . 79% East Tennessee-Richmond Ter Illinois Central Silver Cer 67% Jersey Central.. 114%jSugar Refinery.lll% Kan & Texpfd.. 38% St. Paul 77% Lead St. Paul pfd L., N. A. & C.... 10 Texas & Pacific 12% L. & N 63% Union Pacific.. 14% Linseed Oil 24 Western Union. 92% Lake Erie & W.Wabash 9% L. E. &W. pfd. 78 Wabash pfd .... 23% Lake Shore ....150% Wiscon’n Cent Government bonds stand at the following bid prices: Registered 25.... 97 Currency 65,’97.104% Registered 45....111% Currency6s, ’98.108 Coupon 4sHl% Currencyfis, ’99.110 Currency 6s, ’95. lOu Coupon 5s Currency 6s, ’96101% Registered ss. ~115%

Live Stock. Chicago, Oct. 2 —Cattle —Receipts, 15,000; calves, 150.- Common to choice native dressed beef and shipping steers were salable at [email protected], there being fare sales at [email protected], and fancy beeves were quotable [email protected]. Light cattle are selling the best at the present time, and some fancy 1,060-lb yearlings sold yesterday at $5.10. The Stocker and feeder trade was fairly active, sales being mostly at $2.25@ 3.65, with a few prime feeders selling around $3.90. Cow and heifer sales to canners and butchers were rather active at [email protected], the bulk going at $1.75@2 85. Bulls sold mostly at $1.75 @2.75, bolognas going chiefly at s2@ 2.25 and feeders at [email protected]. Calves were dull and weak, good to choice selling at [email protected]. Hogs—Receipts 31,000. The greater part of the sales occurred at $3.90@ 4.05 for packers and at [email protected] for shippers. Common to choice heavy sold at an extreme range of [email protected], mixed at $3 [email protected], and light at $3.85 @4.50. Sheep—Receipts, 12,000. With a good demand, prices ruled steady on the basis of [email protected] for inferior to prime native sheep, sales being mostly between $2 and $3.15. Western sheep were in demand at [email protected] and lambs sold at [email protected].

Wheat and Corn. Closing prices of wheat and corn at the following named cities were; Wheat —New York —October, 66c; December, 68c; May. 71%c. St. Louis —December, 64%c; May, 68c. Duluth —Cash, aß%.c;-, December, 58%c. Minneapolis—Cash. 57c; December, 57c. Baltimore —October, 66%c; December, 68%c. Toledo—Cash, 67%c; December, 69c. Milwaukee —Cash, 60%c; December, 61%c. Detroit —Cash, 66c; December, 67%c’. Corn—New York —October, 37c; December, 35%c. St. Louis—Cash, 26%.c; December, 24%c. Baltimore —October, 38c; year, 34%c. Liverpool. Liverpool, Oct. 2. —Wheat —Spot, No. 2 red winter, 5s l%d; No. 2 red spring, stocks exhausted; No. 1 hard Manitoba, 5s 3d; No. 1 California, 5s 2%d; futures, October, 5s l%d; November, 5s 2d; December, 5s 2%d; January, 5s 3%d; February, 5s 4d; March, 5s 4%d. Corn — Spot, American mixed," new, 3s sd; futures, October, 3s 4%d; November, 3s 4%d; December, 3s 4%d; January, 3s 3%d; February, 3s 3%d; March, 3s 3%d. Flour —St. Louis winter, 6s 9d. New York. New York, Oct. 2.—Butter —Receipts, 7,160 pkgs; creamery, 22%c; western dairy, 9%@13%c; western creamery, 16 1 %@22 1 /ac; Elgins, 22%c. CheeseReceipts, 7,198 pkgs; large, 6@B%c; small, 6%@9%; part skims, 3@6%c; full skims, 2@2%c. Eggs —Receipts, 7,858 pkgs; state and Pennsylvania, 18 @lß%c; western, 17%@18c. Coffee — Firm.

Peoria. Peoria, Oct. 2. —Corn —-No. 2, 30%c; No. 3, 29%c. Oats —No. 2 white, 19% @ 20c; No. 3 white, 18%@18%c. WhiskyFinished goods on the basis of $1.22 for highwines. Receipts—-Wheat, 4,800 bu; oats, 157,000 bu; rye, 600 bu; barley, 5,600 bu. Shipments—-Wheat, 1,200 bu; corn, 19,500 bu; oats, 52,500 bu. Toledo. Toledo, Ohio, Octt 2. —Wheat —Cash and October, 67§4c asked: December, 69c asked; May, 71c asked; No. 3 soft, 64%c asked. Corn —Cash, 34c; No. 3 yellow, 34c; No. 3, 32%c. Oats —Cash, 21c nominal.