People's Pilot, Volume 5, Number 22, Rensselaer, Jasper County, 28 November 1895 — WITH THE TRADERS. [ARTICLE]

WITH THE TRADERS.

LACK OF TELECRAPH NEWS MAKES DULL MARKETS. O Wheat Quiet AU Day. but Held Steady —Corn and Oata Show Little Change Provisions Narrow —Quotations for Wall Street Stocks. Chicago, Nov. 26. —May wheat closed at 61c, May corn at 29%c, May oats at 20%c. May pork at $9.30, May lard at $5.72% and May ribs at $4.72%. T]here was hardly any business on the board to-day, as the wires were all down and there was nothing in the way of news to base operations on. Up to noon nothing had been heard from the seaboard and the trade was in ignorance as to the condition of foreign markets and of the world’s shipments, in which so much interest centered yesterday. It will be remembered that there was an unofficial report yesterday that they had been 9,600,000 bu, but the trade was hoping to have this enormous amount reduced by the official report to-day. But the break in telegraphic communication prevented the receipt of the information, or at least until late in the day. As the result whatever trade there was was conducted without any reference to current news and wholly on the individual opinions of the traders. May kept narrow all day and sold at 61@61%c and December at 56%@57c. At noon May was 61%c. During the last hour the market had a little spurt on the better cables and May sold to 61%@61%c split and December to but soon turned weak and fell to 60%@61c May and 56%@57c December.

Corn was inactive and featureless, the trade being hampered by the same reasons which kept wheat inactive. The few transactions in May were at 29%c and 29%@29%c. There was nothing of importance in the way of news during the closing hour and May held at 29%@29%c split; November sold at 27%c early, off to 27%c. Hog products slow. May pork sold at $9.37%@9.40, May lard at [email protected]% and May ribs at $4.77%@4.80. The market was weaker during the last hour and May pork fell to $9.27%@ 9.30, May lard to $5.72%@5.75 and May ribs at $4.72%@4.75. Quotations were:

Articles. High. Low. Close. Wh’t-No. 2. Nov. 26. Nov. 25. Nov. ..$ .57 $ .56% $ .56% $ .56% Dec 57% .56% .56% .56% May ... .61% .60% .60% .61% Corn — Nov. .. .27% .27% .27% .27% Dec 27% .26% .27 .27% May ... .29% .29% .29% .29% Oats Nov 17% .17% Dec 17% .18 May ... .20% .20% .20% .20% Pork — Dec 7.90 8.05 Jan. ... 9.02% 8.90 8.90 9.00 May ... 9.40 9.27% 9.27% 9.40 Lard— Nov 5.45 5.40 Jan. ... 5.52% 5.47% 5.47% 5.52% May... 5.77% 5.72% 5.72% 5.77% S. Ribs— Nov 4.35 4.35 Jan.... 4.55 4.47% 4.47% 4.52% May ... 4.80 4.72% 4.72% 4.80

Chicago Prodace 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, $3.00<g)5.00 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<3> SI.OO per bushel basket. Butter j Creameries, extra, 23%c per pound; | first, 20@22c; second, 17@20c; third, ! 9@llc; dairies, extra 20c; first, 16@ 18c; second, 9@llc; imitation creameries, extra, 17@19c; ladles, first, 15(g) 17c; second 12@14c; packing stock, fresh, ll@12c; grease, 4@sc. Dressed poultry—Turkeys, hens, 7@B%c; turkeys, springs, 9@9%c; chickens, hens, 6%@7c; springs, 7%c; ducks, fair to choice, 10@llc; geese, [email protected] per dozen. Cheese—Young Americas, choice, 9%@9%c; twins, 8% @9%c; Cheddars, 8%@8%c; brick. B@B%c; Limburger, B@B%c; Swiss, 10% @llc. 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, 19@22c; Hebrons and Rose, 17@21c; 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@19%c per dozen when cases are returned; cases included, 20@20%c.

Wall Street. New York, Nov. 26.—The stock market opened moderately active and generally firm at fractional improvements. The single exception was Leather preferred, which started in % per cent below yesterday’s final sale. The railroads were helped by generally higher prices for American securities in London. On an increased volume of business the market soon became firmer. Subsequently the industrials again became weak and declined I@l% per cent. The railway list at 11 o’clock was firm at fractional improvements on London buying. By midday the industrials had reached the lowest figures of the day, w r hile the regular list had declined in consequence of the engagement of $1,500,000 gold for export. The market was dull. Money nominally 1%@2; exchange" steady; demand bills, 489@489%; oth-

era unchanged. Silver ban, certificates, Mexican bonds and mercantile paper unchanged. Closing quotations were: Atchison 17% Manhattan Am. Cotton OiL .... Missouri Pacific 30^ Amer. Tobac.... 80% Michigan Cent Baltimore & O Northern Pac. Can. Pacific North Pac Dfd C. B. &'Q 86% N. Y. Central C. &St.L Northwestern Cordage N. Y. & N. E Chicago Gas .... fB% N. American Cbesapk&O Omaha 42 Del. & Hudson.. 128% Omaha pfd ..• D. L. & W Ont. & Western .... Dist Catl Fd C.. 18% Pacific Mail Den & R G pfd.. 0.... Pullman Erie Reading 109 s East’n Illinois Rock Island.... 75)4 East Tennessee Richmond Ter Illinois Central. .. ..Silver Cer Jersey Central Sugar Refinery. 98% Kan & Tex pfd.. 30% St. Paul 75% Lead St. Paul pfd L., N. A. & C jTexas & Pacific .... L. & N 12% Union Pacific.. 9 Linseed Oil Western Union. 87% Labe Erie & W. Wabash L. E. & W. pfd Wabash pfd Lake Shore Wiscon’n Cent Government bonds stand at the following bid prices: Registered 25.... 97 Currency Os, ’97.104% Registered 45...-.111% Currency 6s, ’98.108 Coupon 4s 111% Currency 6s, ’99.110% Currency 6s, ’95 Coupon os.. Currency 6s, ’96 102 Registered 5s

Live Stock. Chicago, Nov. 26. —The widely extended big snow-storm delayed stock trains on all of the railroads, and during the morning business was almost at a standstill. Buyers and sellers gathered in the exchange building, and little was done except to talk about the storm and to guess what the receipts of cattle, hogs and sheep would be. The railroad companies had little information to give, as the wires were down in all directions, and it was impossible to get dispatches from most points. A few cattle remained over from yesterday, and a few trains kept arriving on the various roads, so that eager buyers succeeded in making limited purchases at somewhat higher prices than were paid on Monday. Hogs—The receipts to-day are roughly estimated at 30,000 head, but this is largely a guess. Some of the packers were waiting this morning for more stock to arrive, while others were buying rather freely, and the 7,000 hogs left over from yesterday were drawn upon extensively. Prices were 5c higher, and hogs that would not sell above $3.60 yesterday sold readily at $3.65. Very few sold below $3.50 or as high as $3.70, most of the sales being at [email protected]. Toward noon trains began to arrive more freely and the advance was checked. Sheep—No one was able to make an intelligent estimate of to-day’s receipts, and only a few thousand were offered during the morning. They sold at about steady prices, inferior to choice native sheep being worth [email protected], westerns [email protected] and lambs [email protected]. Few of the sheep now arriving sell as high as $3.25.

Liverpool. Liverpool, Nov. 26. —Wheat — higher. Futures closed steady; higher. Corn —Spot, %d higher. Futures unchanged to %d higher. FlourFirm. New York. New York, Nov. 26. —Butter —Steady and unchanged. Eggs—Steady and unchanged. Cheese —Quiet and unchanged. Coffee—Dull; unchanged.