People's Pilot, Volume 5, Number 22, Rensselaer, Jasper County, 21 November 1895 — WITH THE TRADERS. [ARTICLE]

WITH THE TRADERS.

CHICAGO MARKETS DULL. BUT EASIER. A Private Bareaa Make* the Wheat Yield 475,000,000 Bash eb—Corn Sell* Off for November— ProvbloM —Wall Street Quotations, Etc. Chicago, Nov. 20. —Most of the news for the wheat trade came by contraries this morning. As for the market itself it showed some activity, some strength for an hour; then went back into the rut. The December price started at 57%c, touched 57%@57%c, dipped to 57%c, rallied to best figures again, then weakened to 57%c. May sold 61%@61%c, and went back to 61 %c. The early Liverpool market was called firm without change. Later a number of private cables reported %d improvement from the opening. Indications favored a moderation of the weather and a return of better crop conditions. No cash sales were reported.. There are those in the trade who will follow anything in the way of a guess on crops, yield, etc. On this theory there was some selling on the final figures given out by the Thoman (privatei bureau. This made spring wheat total 215,000,000 bu. Winter wheat total 260,000,000 bu, total for both crops 1895, 475,000,000 bu. Export clearances were limited to 130,000 bu wheat and 23,00 bbls of flour. The spring wheat movement in the northwest is very erratic. Minneapolis and Duluth had 935 cars in place of 1,182 last Wednesday. In fact, the receipts were but 10 cars over last year, same day. Chicago receipts were estimated at 410 cars and arrivals were only 246 cars. Of course the sudden cold snap was the cause of the light run at all markets. Wheat closed a shade better than bottom figures at 57%c December and 61% @6l%cMay. The cash sales were limited to 35,000 bu. New York reported 7 boat-loads sold for export. Corn was quiet and weak, but without any decided action, though averaging lower. The bright cold weather gave promise of enlarged receipts and as there was little demand and free offerings the feeling was heavy. May sold from 29%c to 29%c, and Novem-. ber from 28c to 27%c. Trade showed very little life during the last hour, but May held at 29%c, and November at 27%c.

Shorts in provisions were able to cover considerable stuff without the least troube at lower figures. Much of the selling was by packers. Pork lost 10c, lard 2%c, ribs sc. Last prices were at the bottom, $8.87% and $9.27% January and May pork, $5.52%@5.75 lard, [email protected] ribs. Quotations were: Articles. High. Low' - -Close. Wh’t-No. 2. Nov. 20. Nov. 19. Nov. ..$ .57 $ .56% $ .56% $ .56% Decs7% .57V a .57% .57% May... .61% .61% .61% .61% Corn — Nov2B .27% .27% .28 Dec 27% .27% .27% .27% May ... .29% .29% .29% .29% Oats — N0v17% . 17% Declß .18 .18 >lB May ... .20% .20% .20% .20% Pork — Dec 7.95 8.02% Jan. ... 8.97% 8.87% 8.87% 8.97% May... 9.37% 9.27% 9.27% 9.37% Lard — Nov 5.40 5.42% Jan. ... 5.55 5.52% 5.52% 5.55 May ... 5.77% 5.75 5.75 5.77% S. Ribs— Nov 4.42% 4.40 Jan. ... 4.55 4.50 4.50 4.55 May ... 4.80 4.75 4.75 4.77%

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, 35 @6oc per doz; onions, 28@35c per bu; 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, 22%c per pound; first, 19@20c; second, 14@17c; third, 9@llc; dairies, extra, 18c; first, 13%@ 14%c; second, 9@llc; imitation creameries, extra, 17@19c; ladles, first, 12@ 14c; second, 9@llc; packing stock, fresh, ll@12c; grease, 4@sc. Dressed poultry—Turkeys, hens, 7@Bc; turkeys, springs, 9c; chickens, hens, turkeys, roosters, 4@sc; chickens, springs, 7&@Bc; ducks, 10@llc; geese, [email protected] per dozen. Cheese —Young Americas, choice, twins, 8%@9%c; Cheddars, 8’,4@8%c; brick, B@9*4c; Limburger, Swiss, 10@ lOVic. Beans, peas and navy beans— Hand-picked, [email protected] per bushel; good, clean, [email protected]; Lima beans, California, $3.50 per 100 pounds. Potatoes Burbanks, 20@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, 6c; coarse, heavy carcasses, 4’£@sc. Eggs—Salable at 19 per dozen when cases are returned; cases included, 20 Vic.

Wall Street. New York, Nov. 20.—The stock market opened active and slightly off. The receipt of lower quotations from London and the early announcement of an engagement of $1,000,000 gold for export on to-morrow’s steamer were the causes for the lower range of pricey. The selling movement soon abated, however, and prices current at 10:15 o’clock were a shade above the final quotations of yesterday. The market at 11 o’clock was dull and the trading continued erratic.

Money on call nominally per cent; no loans. Prime mercantile paper. 4@5% per cent Sterling exchange quiet, with actual business in bankers' bills at 489%@489% for demand and 487%@488 for sixty days. Posted rates. 488%@489 and 490@490%. Commercial Mils, 486%, Silver certificates, 67%@ 67%; no sales. Bar silver, 67. Mexican, dollars, 54. Government bonds steady. Closing quotations were: Atchison (Manhattan Am. Cotton Oil. i.Vfinaouri Pacific 30%' Amer. Tobac.... 85% Michigan Cent Baltimore & 0.. 57% Northern Pac... 4%. Can. Pacific ... 56% North Pacofd.. 15% C. B & Q 85% N. Y. Central..loo C. &Bt.L'North western.. 105% Cordage 6%jN. Y. & N. E... 50 Chicago Gas .... <54% N. American... 4% Cheaap k& 0.... 18% Omaha 41 Del. & Hudson.. 129 Omaha pfdl2B D. L. & WOnt. & Western 15 DfstCatl FdC.. 19% Pacific Mail.... 30% Den &KO pfd.. 44% Pallman Erie 9%’Beading 10% Eaat’n Illinoisßock Island.. . 75% East Tennesseeßichmond Ter Illinois Central'Silver Cer Jersey Central.. 107%'Sugar Refinery. 101 Kan&Texpfd.. 30% St. Paul 75 Lead3o% St. Paul pfd.... 187 L., N. A. & C.... 9%|Texas & Pacific .... L. & N 52%'Union Pacific.. 8% Linseed Oil Western Union. 88% Lake Erie & W. ...JWabash 7 L. E. & W. pfd. 73%Wabash pfd.... 19 Lake Shore .... Wiscon’n Cent Government bonds stand at the following bid prices: Registered 25.... 97 Currency6s, ’97.104% Registered 45....111% Currency6s, ’98.108 Coupon 4sHl% Curreney6s, ’99.110% Currency 65,’95. ....Coupon 5s Currency 6s, ’96 102 Registered 55.. .114%' Live Stock. Chicago, Nov. 20. —Cattle —Receipts, 14,000; calves, 200. Native dressed beef and shipping steers were active at $3.15 @4.50, with scattering sales at $4.55@ 4.70, and extra beeves were about nominal at $4.75@5. Sales were largely between $3.70 and $4.50, with good lots selling at [email protected]. Butchers’ and canners’ stuff was active add strong, cows and bulls selling chiefly at s2@3. There was a fair stacker and feeder trade at [email protected]. Hogs—Receipts, 45,000. Common to choice droves sold at [email protected], packing hogs selling chiefly at [email protected] and shipping lots at [email protected], with very few at $3.70. Pigs sold at [email protected]. Sheep—Receipts, 14,000. Common to choice native sheep were wanted at [email protected], not many being prime enough to go above $3. Western sheep were salable at [email protected] for fair to prime, and lambs were in demand at [email protected].

Wheat and Corn. Closing prices of wheat and corn at the following named cities were: Wheat —New York —December, 64%c; May, 67%c. St. Louis —November, 57%c; December, 55%c; May, 62%c. Duluth —December, 54%c. Minneapolis— Cash, 53%c; December, 52%c. Baltimore—December, 65@65%c; May, 69% @69%c. Toledo —Cash, 64%c; December, 64%c. Milwaukee —Cash, 56%c; December, 57%c. Detroit —Cash, 64%c; December, 64%c; May, 67c. Corn —New York —November, 36c; December, 35%c; May, 35%c. St. Louis —November, 25%c; December, 24%c; May, 26%@26%c. Baltimore—Year, 34@34%c; January, 34a Liverpool, Liverpool, Nov. 20. —Wheat—Spot, No. 2 red winter, 5s 2d; No. 2 red spring, stocks exhausted; No. 1 hard Manitoba, stocks exhausted; No. 1 California, 5s 3d. Futures: November, 5s 2%d; December, 5b 2%d; January, 5« 3%d; February, 5s 3%d; March, 5s 4%d; April, 5s 4%d. Corn —Spot, American mixed, new, 3s 4%d. Futures: November, 3s 4%d; December, 3s 4%d; January, 3s 2%d; February, 3s 2%d; March, 3s 2%d; April, 3s 2%d. Flour—St. Louis fancy winter, 7s 3d.

Peoria. Peoria, 111., Nov. 20. —Corn —No. 2, 28%c; No. 3,28 c; new No. 2, 27%c; new No. 3,27 c. Oats —No. 2 white, 18%@ 19c; No. 3 white, 17%@17Vic. Rye—' Nominal; nothing doing. Whisky— Finished goods on the basis of $1.22 for high wines. Receipts—Corn, 87,450 bu; oats, 31,250 bu; wheat, 1,300 bu. Shipments —Corn, 9,750 bu; oats, 77,000 bu; whisky, 525 brls; wheat, 1,800 bu. New York. New York, Nov. 20. —Butter —Receipts, 4.289 pkgs; Western creamery, 15@23c; Elgins, 23c. Cheese—Receipts, 3,549 pkgs; large, 7V4@loc; small, 5@ 10%c; part skims, 3%@7%c; full skims, 2’4 @3c. Eggs—Receipts, 7,775 pkgs; State and Pennsylvania, 22@26c; Western, 21@23’£c. Coffee —Dull. Foreclosure Sults Filed. Topeka, Kas., Nov. 20. —Foreclosure suits have been filed in the United States Circuit court here by Samuel Carr against the central branch of the Union Pacific, the Atchison, Jewell County & Western and the Atchison, Colorado & Pacific railway companies. The three suits are similar and are all brought by Mr. Carr as trustee for purchasers of the construction bonds issued at the time that the railroads were built. Expres* Confidence in De Campo*. Madrid, Nov. 20. —According to a dispatch received here from Havana the constitutional union party of Cuba; at a meeting recently held at Matanzas, renewed its adhesion to the government and Gen. de Campos, and expressed confidence that reforms would be introduced at the opportune moment Kentucky Town Scorched. Evansville, Ind., Nov. 20. —The business portion of Madisonville, Ky., was burned early this morning, involving a loss of about $50,000. The Evansville fire department was called out Among the principal losers are: Bailey & Co., grocers; N. S. Buck & Co., grocers; J. B. Harvey, grocer, and A. J. Jason.