People's Pilot, Volume 5, Number 20, Rensselaer, Jasper County, 7 November 1895 — WITH THE TRADERS. [ARTICLE]

WITH THE TRADERS.

Poor success in breaking WHEAT. Market Bailies Toward ths Close — Enormous Receipts of Spring Wheat — Corn Firmer —Hog Prod nets Advance —Closing Price* in Wall Street, Chicago, Nov. 6. —As indicated yesterday as very probable the December price touched 58 cents. But the selling was as disappointing at 58c as it was a few days ago at 60 cents. Liverpool came %@%d higher all around. Then New York cleared 272,000 bu wheat and four ports 410,000 wheat and flour. Everything else was bearish. Chicago had 711 cars, including 368 contract grade. The movement here Monday was 604,000 bu in and 107,000 out. Northwestern markets had 1,297 cars this morning, added to 1,877 yesterday, making 3,174 cars for 48 hours. Western markets had for two days over 2,800,000 receipts compared with 1,213,000 bu same time last year. The official world’s shipments aggregate over 7,700000 bu, exceeding weekly requirements of Europe. Bradstreet’s at midday gave wheat stocks in this country increased at over 3,500,000 bu and stocks in Europe and afloat increased nearly 1,300,000, a total increase of 4,866,000 bu. The weather map showed rains in the Southwest. Private dispatches told of later rains over Indiana and Illinois. The December opened 58 %c to 58 %c, dropped to 58c, ralied to 58%c, and after all the statistics were in, held 58%c, %c under the Monday closing. May sold 63c to 62%c, to 62%c, to 62%c, and held 62%c. When wheat broke down %c or more early corn weakened a fraction, selling 28%c November, 27%c December, 29%@29%c May. From this the market firmed at once to 29c, to 27%c, to 29%c same months. The receipts were heavy at 661 cars. The estimate for tomorrow is 750 cars, unusually heavy. Atlantic ports cleared about 300,000 bu. Bradstreet’s increased available stocks 234,000 bu for the week. There was a liberal run of new corn to this and Southwestern markets. But the trade counts on a period of wet weather and this will check the movement and lower the grading. Quotations were. Ari icles. High. Low. Close. Wh’t-No. 2. Nov. 6. Nov. 4. Nov. ...> 57% > .57% > .57% > .58 Decsß% .58 .58% .58% May ... .63 .62% .62% .63% Corn — Nov 29 .28% .28% .28% Dec 27% .27% .27% .27% May ... .29% .29% .29% .29% Oats — Novlß% .18% Declß% .18% .18% .18% May ... .20% .20% .20% .20% Pork— Nov 8.30 8.20 Jan 9.30 9.20 9.27% 9.17% May ... 9.60 9.52% 9.60 9.50 I^ard — ■ Nov 5.55 5.55 Jan.... 5.72% 5.67% 5.70 5.65 May ... 5.90 5.87% 5.87% 5.87% Short Ribs — Nov 4.50 4.55 Jan..,. 4.67% 4.62% 4.65 4.62% May ... 4.90 4.85 4.90 4.82%

Chicago Pioduce Market The following quotations are for large lots only; small quantities are usually sold at advanced prices: Apples, [email protected] per brl. Live poultry—Turkeys, choice, hens, 7@7%c per lb; springs, 6; chickens, hens, 6%c; springs, 7%c; ducks, fair to choice, 9c; geese, [email protected] per dozen. Vegetables—Cabbage, choice, [email protected] per 100; cauliflower, [email protected] per doz; celery, 20@25c per case; cucumbers, 75c per brl; onions, 24@30c per bu; Lima beans, 18@20c per qt; string beans, green, [email protected] per box of two-thirds bu; wax, 75@90c; sweet corn, 2@sc per doz; tomatoes, [email protected] per bu basket. Butter —Creameries, extra, 21%c per lb; first, 19@20c; second, 14@17c; third, 9 @llc; dairies, extra, 18c; first, 13%c@ 14%c; second, 9@llc; imitation creameries, extra, 15c; ladles, first, ll@12c; second, B%@9c; packing stock, fresh, 7%@9c; grease, 4@sc. Beans—Peas and navy beans, hand-picked, $1.20@ 1.22 per bu; good, clean, [email protected]; Lima beans, California, $3.50 per 100 lbs. Cheese —Young Americas,choice, 9@9%c; twins, 8%@9%c; Cheddars, B@B%c; brick, 8c; Limburger, 7%@Bc; Swiss, 10@10%c. Potatoes —Burbanks, 18@25c; Hebrons and Rose, 17@22c; mixed, 16@21c. Sweet potatoes—sl.oo @2.75 per brl. Veal —Fancy calves, 7@ 7%c per lb; fair to good do, 6%c; small, thin, 6c; coarse, heavy carcasses, 5@ 5%c. Eggs—Salable at 18c per doz when cases are returned; cases included, 18%c. Wall Street. New York, Nov. 6. —The stock market opened strong and active. Leather preferred soon displayed pronounced weakness and dropped 2 per cent to 70. Stock prices at 10:15 were giving way all through the list, Sugar and Distilling having reached per cent each. Toward 11 o’clock there was a slight hardening in prices of leading shares, and the market became fairly steady. The bears made a determined drive against the industrials after 11 an& succeeded In forcing sharp declines in Cotton Oil, Distilling, Sugar, Tobacco and Lead. The general railway list receded fractionally. The market continued depressed on a moderate volume of business. Money on call 2@2% per cent. Prime mercantile paper 4@5% per cent. Sterling exchange dull; steady for short and weak for long bills, with actual business in bankers’ bills at 488% @489 for deinand and 487%@487% for sixty days. Posted rates, 488@488% and 489@489%. Commercial bills. 486%. Silver certifi-

eates, >3,000, at 88%; bar zHver, 67%. Mexican dollars, 54%. Government bonds steady. Closing quotations were: Itehfeon..... .. 16% Maabattnalos% Am. Cotton Oil 20 Missouri Pacific 28% Amer. Tobac.... 86% Michigan Cm*.. .... Baltimore St 0.. 58% Northern Pac... 4% Can. Pacific North Pacpfd.. 16% £• S' £ So V ' N Y - Central.. 99% C. &BtL.. 40 Northwestern.. 104% WfN.Y. &N. K. Chicago Gas ... 65% N. American... 4% Cheaap k & 0.... 19 Omahaß9% Det & Hudson.. 129 Omahapfd. "* D. L. & W 165 Ont. & Western 16% Diet Call Fd C.. 20 Pacific Mail 26% Den &R G pfd.Pullman . 165 Eri« 10% Reading.....’”. 12 East’n Illinoisßock Island . 73% East Tennesseeßichmond Tor Illinois Central Silver Cer .. 68% Jersey Central.. 106 Sugar Refinery’. 98%, Kan & Texpfd.. 80% St. PauL 74% J**d -.80 St. Paul pfd. L-, N. A. & C.... 8% Texas & Pacific 8% Linseed Oil 22% Western Union. 89 Lake Erie & W.. 22 Wabash 6% t* J*’ pfd - w »bash pfd.... 18% Lake Shore. ....147|< Wiscon*n Cent Government bonds stand at the following bid prices: Registered 25.... 96% Currency6s, ’97.104% Registered 4s„. .111% Currency 6*. ’98.108 Coupon 45.111% Currency 6s, *99.110 Currency 6s, >9sCoupon 5s .7. Currency 6s, ’9ft 102 Registered ss. ■ .114% Live Stock. Chicago, Nov. 6. —Cattle —Receipts, 17,000 head; calves, 200 head. Common steers sold anywhere from >3 to >3.50, but most of the cattle crossed the scales at >[email protected], and it took very fancy beeves to sell around >5. The etocker and feeder trade was of fair proportions, with a very few choice feeding cattle selling at >[email protected], but the bulk sold at >[email protected]. Not many cows are now sold under >1.50, and sales were active to-day at >[email protected], a few prime fat cows and heifers fetching >[email protected]. Bulls soud at >[email protected], a few extra bulls selling around >3.50. Calves sold at >5.25@6 for choice lots. Hogs—Receipts, 45,000 head. Common to prime droves sold at >[email protected], choice light and heavy selling together. Packing hogs sold chiefly at >[email protected], and shipping lots sold principally at >[email protected]. Pigs sold mainly at >3.10 @3.60, desirable lots selling nearly as high as choice hogs. Sheep—Receipts, 20,000 head. Prices averaged 10@15c lower, sales being slow at >1.25@3 for inferior to choice natives, fine flocks of 130@147-lb ewes selling at the top price. Western sheep were in some demand at >[email protected], and lambs sold at >[email protected] to a limited extent.

XV heat and Corn. Closing prices of wheat and corn at the following named cities were: Wheat —New York —December, 65%c; January, 66%c; May, 68%c. St Louis —November, 57%c; December, 58%c; May, 64c. Duluth—Cash, 55c; December, 54%c. Minneapolis—Cash, 53%c; December, 53%c. Baltimore —December, 66%c; May, 71c. Toledo—Cash, 66 %c; December, 67c. Milwaukee— Cash, 56%c; December, 58c. Detroit — Cash, 65%c; December, 66c. Corn —New York—December, 36%c; December, 35%c; May, 35%c. St Louis —November, 24%c; December, 24%c; May, 26%c. Baltimore —November, 33%c; year, 33%c. Peoria. 4 Peoria, 111., Nov. 6.—Corn—No. 2, 29%c; No. 3, 28%c; new No. 3,27 c. Oats—No. 2 white, 18%@18%c; No. 3 white, 17@17%c. Rye—No. 2, 37@38c. Whisky—Finished goods on the basis of $1.22 for high wines. Receipts—Corn, 39,780 bu; oats, 83,750 bu; rye, 5,100 bu; whisky, 75 brls; wheat, 3,600 bu. Shipments- I —Corn, 9,750 bu; oats, 129,250 bu; rye, 600 bu; whisky, 450 brls; wheat, 1,800 bu. Toledo. Toledo, Ohio, Nov. 6.—Wheat—Cash and November, 66 %c; December, 67c; May, 68%.c; No. 3 soft, 63%c. CornCash, 30c; No. 3, 27%c. Oats—Cash, 23c; No. 3 white, 17%c.