People's Pilot, Volume 5, Number 21, Rensselaer, Jasper County, 14 November 1895 — FEELING IS BETTER. [ARTICLE]

FEELING IS BETTER.

BUSINESS BRISK ON CHICAGO BOARD OF TRADE. Liquidation In Wheat Is Over and Prices Get a Rally—Corn Helped by Lighter Receipts—Provisions Also Better Live Stock Market. Chicago, Nov. 13. —There was a %c recovery in the local wheat market during the morning. The December opened 57%c, and after holding around 57%c for an hour, moved up to 58@58%c. The May price was at 61%c to 61%c, to 62c, to 61%c, and up to 62%c at 12 o’clock. As indicated yesterday the heavy liquidation gave relief, ij.nd the improvement was natural. Minnesota and Duluth had 1,182 cars, compared with 729 last year. The Chicago receipts were 335, against 119 a year ago. 'Western markets had 1,320,000 bushels, last year 667.000. Liverpool was flat on spot wheat, %d up on r‘ed American for future contracts. The export clearances were only 119,000 wheat, 15,000 barrels flour. The Northwest sent some bullish dispatches. Some concerns reported farmers’ deliveries much less than ten. days ago. All advices from Minneapolis were to the effect that the cash market was very brisk. The cash premium was increased to %c and 1c over December, and all receivers said to have sold everything on tracks to millers. A demand for spring wheat from Indiana and Ohio was reported here. An hour before the close prices held %c under top figures at 57%c December and C2%c May. Wheat closed at 57%c December, 62@ 62%c May, about %c net gain for the day. Late New York messages claimed as high as 50 loads (40,000 bu) sold for export. There was a brisk demand for cash wheat here, but the sales were small lots. The chief bull influences with the trade were the strong Northwest markets and the claim that receipts are tailing off. The estimate of 275 cars for this market is much lighter than for some time.

Corn moved with wheat. The market differed from previous days by showing the most action in the May price. The May opened 29%@29%c and firmed to 29%@29%c. December advanced % to 28%c, the November holding about 1c premium. The local receipts were light at 207 cars. Local shipments were 188,000 bushels. Four Atlantic ports cleared 254,000 bushels and New Orleans 43,000. The trade had reports of poor husking in some states. The wet weather threatened to keep receipts down with the firmness on wheat shorts covered in corn. Several houses reported country buying for May. The offerings were light. Provisions were dull and heavy early, with packers offering some stuff. Late in the session the market firmed in sympathy with corn. There was some buying by local shorts. Pork gained 10 cents at the close,, at $9.17% January and $9.55 May. Lard was up 5c at $5.65 and $5.87%. Ribs also closed 5c higher at $4.62% and $4.87%, same months. Quotations were: Articles. High. Low. Close. Wh’t-No. 2. Nov. 13. Nov. 12. b[ov. ..$ .57% $ .56% $ .57% $ .56% Decsß% .57% .57% .57% May ... .62% .61% .62 .61% Corn — N0v29% .29 .29% .29 Dec2B% .28 .28% .27% May ... .29% .29% .29% .29% Oats — Novlß% .18% Declß% .18% .18% .18% May... .20% .20% .20% .20% Pork — Nov 8.15 8.05 Jan. ... 9.17% 9.05 9.17% 9.17% May ... 9.55 9.42% 9.55 9.45 Lard — Nov 5.45 5.47% Jan. ... 5.65 5.60 5.65 5.60 May... 5.87% 5.82% 5.87% 5.82% S. Ribs— Nov 4.40 4.37% Jan. ... 4.62% 4.57% 4.62% 4.57% May ...4.87% 4.82% 4.87% 4.82%

Chicago Produce Market. The following quotations are for large lots only; small quantities are usually sold at advanced prices: Apples, [email protected] per barrel. Vegetables —Cabbage, choice, [email protected] per 100; cauliflower, [email protected] per dozen; celery, 25@30c per case; cucumbers, 75c per barrel; onions, 24@30c per bushel; Lima beans, 18@20c per quart; string beans, green, 50c@$1.00 per box of twothirds bushel; wax, [email protected]; sweet corn, 2@sc per doz; tomatoes, 75c@ SI.OO per bushel basket. Butter Creameries, extra, 21%c per pound; first, 19@20c; second, 14@17c; third, 9@llc; dairies, extra, 18c; first, 13y 2 @ 14%c; second, 9@llc; imitation creameries, extra, 15c; ladles, first, ll@12c; second, B%@9c; packing stock, fresh, 7%@9c; grease, 4@sc. Dressed poultry—Turkeys, hens, 7@7%c; turkeys, springs, B%@9c; chickens, hens, 7@ turkeys, roosters, 4@sc; chickens, springs, B%c; ducks, 10@llc; geese, [email protected] per dozen. Cheese —Young Americas, choice, 9%@9%c; twins, 8%@9%c; Cheddars, 814@8%c; brick, Limburger, 7%@Bc; Swiss, 10@ 10%c. Beans, peas and navy beans — Hand-picked, [email protected] per bushel; good, clean, [email protected]; Lima beans, California, $3.50 per ItO pounds. Potatoes Burbanks, 22@24c; Hebrons and Rose, 18@22c; mixed, 16@18c. Sweet potatoes —[email protected] per barrel. Veal —Fancy calves, 7%@Bc per pound; fair to good do, 6%c; small, thin, 5%@ 6c; coarse, heavy carcasses, 4%@5c. Eggs —Salable at 19 %c per dozen when cases are returned; cases included, 20c. Wall Street. New York, Nov. 13.—The stock market opened moderately active and firm. After the first fifteen minutes* trading nrlces were a fraction off all around.'

Near 11 oclock the downward movement waa checked, and under the leadership of the grangers the entire liat moved upward, and in some cases sharp gains were registered over last night’s final sales. The market at mid- ‘ lay was quieter,-hut its strength was at the top notch. Money on call nominally 1% per cent. Prime mercantile paper, per ?ent. Sterling exchange firm, with actual business in bankers’ bills at 489© 489% for demand and 487%@487% for sixty days. Posted rates, 488% and 490. Commercial bills, 486%. Silver certificates, 67%@68%; no sales. Bar silver, 67%. Mexican dollars, 54. Government bonds steady. Closing quotations were:

Atchison 17% Am. Cotton'Oil. 21 Amer. Tobac.... 90% Baltimore & 0.. 57 Can. Pacific.... 56V C. B. & Q 85% C. 1 C.,C.&8t.L.. 42% Cordage 7% Chicago Gas .... 64% Chesap k&0.... 19% Del. & Hudson.. 129% J. L. & W 169 Dist Catl Fd C.. 20% Pen & R G pfd.. 4a Erie 11% East’n Illinois.; .... East Tennessee Illinois Central. 98% Jersey Central.. 107% Kan & Texpfd.. 31% Lead 81% L.,N. A. &C.... g% L. & N 54% Linseed Oil Lake Erie & W.. 24% L. E. & W. pfd. 75% Lake Shorel49%

Manhattanlo3% Missouri Pacific 31% Michigan Cent Northern Pac... 4% North Pac ofd.. 16% N. Y. Central.. 100 Northwestern. .106% N. Y. & N. E... 49% N. American... 5% Omaha 41 Omaha pfd Ont. & Western 16 Pacific Mail.... 29% Pullmanl6s Reading 12% Rock Island.. . 76% Richmond Ter Silver Cer Sugar Refinery. 101 , St. Paul 75% St. Paul pfd Texas & Pacific 9% Union Pacific.. 10% Western Union. 90% Wabash 8% Wabash pfd.... 20% Wiscon’n Cent.

Government bonds stand at the following bid prices: Registered 25.... 97 Currency 65,’97.104% Registered 45... .111% Currency 6s, ’98.108 Coupon 45112 Currency 6s, ’99.110% Currency 6s, ’9sCoupon 5s Currency 6s, ’96l 102 Registered 55.. .115

Live stock. Chicago, 111., Nov. 13.—Cattle—Receipts, 16,000; calves, 28. There was a fair general demand at strong prices, sales being on a basis of [email protected] for. common to extra choice native dressedbeef and shipping steers, with the bulk of the transactions at [email protected]. Good fat cattle sold at $4 and upward, and the supply was pretty well taken. Bulls, sold at [email protected], and calves brought $3 @6 per 100 pounds, not many going above $5.75. The calf receipts have fallen off, and prime lots are not very numerous. Hogs Receipts, 45,000. Sales were within a range of 40c, common to choice hogs selling at [email protected], and the bulk sold around $3.70. Fewer pigs are arriving, and good lots are active at [email protected]. Sheep—Receipts, 11,000. To-day’s market was as active as the supply would admit, and prices were largely 25c higher, sales indicating an improvement of 35@50c since the beginning of the week. Inferior to choice native sheep sold at [email protected] and westerns sold at [email protected], while lambs brought [email protected] for common to choice. Wheat and Com Closing prices of wheat and corn at the following named cities were: Wheat—New York—December, 65c; January, 66c; May, 67%c. St. LouisNovember, 57%c; December, May, 62%c. Duluth—Cash, 54%c; December, 54%c. Minneapolis—Cash, 53%c; December, 53%c. BaltimoreDecember, 65%c; May, 70c. Toledo— Cash, 64%c; December, 64%c. Milwaukee—Cash, 57c; December, 57%c. Detroit —Cash, 64c; December, 64%c. Corn—New York—November, 36%c; December, 35%c; May, 36c. St. LouisNovember, 25%c; December, 25c; May, 26%c. Baltimore—Year, 34%c; January, 34%c.

Liverpool. Liverpool, Nov. 13.—Wheat—Spot; No. 2 red winter, 5s 2%d; No. 2 red spring, stock exhausted; No. 1 hard Manitoba, stocks exhausted; No. 1 California, 5s 3d; futures; November, 5s 2%d; December, 5s 2%d; January, 5s 3d; February, 5s 3%d; March, 5s 4d; April, 5s 4%d. Corn —Spot; American mixed, new, 3s 5%d; futures; November, 3s 5%d; December, 3s sd; January, 3s 3d; February, 3s 3d; March, 3s 3d; April, 3s 3d. Flour —St. Louis fancy winter, 7s 3d. Peorl:u Peoria, 111., Nov. 13.—Corn—No. 2, 28y>c; No. 3,28 c; new No. 2,2714 c; new No. 3,27 c. Oats—No. 2 white, 18%@ 19c; No. 3 white, 17%@17%. RyeNothing doing. Whisky Finished goods on the basis of $1.22 for high wines. Receipts—Corn, 43,500 bu; oats, 73,750 bu; whisky, 150 brls; wheaL 2,400 bu. Shipments—Corn, 4,500 bu; oats, 71,250 bu; whisky, 675 brls; wheat' 3,000 bu. New York. New York, Nov. 13.-Butter-Receipts, 4,061 pkgs; western dairy, 10%@15c; western creamery, 15@23c; Elgins, 23c. Cheese —Receipts, 3,554 pkgs; large, 7%@10c; small, 7%@11c; part skims, 3%@7%c; full skims, 2%@3c. Eggs— Receipts, 5,975 pkgs; state and Pennsylvania, 22@25c; western, 20@23c. Coffee—Steady. Toledo. Toledo, Ohio, Nov. 13. —WheatQuiet; cash and November, 64%c; December, 64%c asked; May,>6B%c asked; No. 3 soft, 62y>c. Corn— Cash, 28*4c; May, 30c. Attack De Policy. Havana, Nov. 13. —Diario Della Marina, the leading reformist organ of Cuba, publishes an editorial in which it makes a strong attack upon Senor Canovas del Castillo, the Spanish premier, directly insinuating that Captain .General Martinez de Campos is backing his policy. The article also makes strong charges against the present policy of favoring the conservatives.