People's Pilot, Volume 5, Number 48, Rensselaer, Jasper County, 4 June 1896 — [?]AT CROP IS POOR. [ARTICLE]
[?]AT CROP IS POOR.
.)AMAC». REPORTS COME FROM MANY STATES. • ” rh’gan, Missouri and Kansas .loin in th" Doleful Cry—Pried* Were 1 rin r—Corn and Oat* Higher Wall >treet Qso'aUmi. Chicago, June 3.—July wheat closed at 57% c, July corn at 28c, July oats at 18c. July pork at $7.05, July lard at $4.1714 and July ribs at $3.77%. Wheat was rather nervous and showed considerable weakness in the early trading and sold during the first half hour at %c declirfe, but, before noon the sentiment changed to one of strength and all the decline was recovered. Missouri’s crop report, showing 5 points loss during the past month, began to attract attention, and it was followed by one from Ohio, showing a loss of 2 points there, and Minneapolis wired that shipping purchases of wheat there yesterday were 200,000 bu, instead of 100,000 bu, and the temper of the trade soon turned to the buying side and the offerings became light. Then Kansas City and St. Louis began to send forward bad news concerning the Kansas crop and the sentiment became more bullish, with shorts covering generously. The northwest also sent in good buying orders and with clearartfees again fair the price steadily Improved, selling up %c from the low point and up to noon most of it had been held. July wheat opened weak, with the first sales at 56%c, but fell quickly to 56@56%c split, then turned and sold gradually to 56%c, and at noon was 56%c. September sold at 56%@56%c split to 57%c, but eased off. The market continued to improve during the last hour and July sold to 57%c and held most of it. September sold to 58c. Corn was quiet and steady as well as featureless. July corn sold at 27%c to 27%@27%c split and at noon was back to 27%c. September sold at 28%c up to 28%@29c split. The market was strengthened during the last hour by wheat and July sold to 28c and September to 29@29%c split. July pork sold from $7.00 to $6.87% @6.90, July lard at $4.12% and July ribs at $3.70. A better feeling ruled toward the close and July pork sold to $7.02%, July lard to $4.15 and July ribs to $3.75. Quotations were: Articles — Closing ■ Wheat — High. Low. June 3. June 2. June ..$ .56% $ .55% $ .56% $ .55% July... .57% .56 .57% .56% Sept. .. .58% .56% .58 .57% Decs9% .58% .59% .59 Corn — June .. .27% .27 .27% .27 July... .28% .27% .28 .27% Sept. .. .29% .28% .29 .28% Oats — Junel7% .17% July... .18 .17% .18 .17% Sept. .. .18% .18% .18% .18% Dec2l% .21 .21% .21 Pork— June 7.00 6.95 July... 7.07% 6.87% 7.05 7.02% Sept. .. 7.22% 7.05 7.20 5.17% Lard — S June 4.10 4.10 July... 4.17% 4.12% 4.17% 4.17% Sept. .. 4.32% 4.25 4.30 4.30 S. Ribs— June 3.70 3.65 July... 3.80 3.70 3.77% 3.72% Sept. .. 3.92% 3.82% 3.92% 3.87%
Whwit *>«ni Corn. Closing prices of wheat and corn at the following-named cities were? Wheat —New York—July, 63%c; September, 63%c. St. Louis—July, 54%c; September, 55%c. Duluth—July, 57%c; September, 57%c. Minneapolis —Cash, 55i,4c; July, 54%@54%c. Baltimore —July, 62%@62%c; August, 62%@62%c. Toledo —Cash, 64c; July, 60c. Milwaukee —Cash, 56%c; July, 57%c. Detroit —Cash, 63%c; July, 59%c. Corn —New York —July, 34%c; September, 35%c. St. Louis —July, 25%c; September, 27%@27%c. Baltimore — June, 32%c; July, 33%@33%c. <'!■*<' go Produce Market The following quotations are for large lots only; small quantities are usually sold at advanced prices: Butter —Creameries, extra, 15c per lb; first, 14@14%c; second, ll@13c; third, 12c; dairies, extra, 13c; first, 11 @ 12c; second, 9@loc; imitation creameries, extra, 10@llc; ladles, first, 9@ 10c; second, 7c; packing stock, fresh, 7c; grease, 4@sc. Apples, [email protected] per brl. Beans —Hand-picked, 90@92c per bu; fair to choice cleaned, 80@ 85c. Lima beans, California, $3.00@ 3.12% per 100 lbs. Potatoes —Burbanks, 27@28c: Hebrons and Rseo, 20 @26c; mixed, 10@15b. Sweet potatoes, [email protected] per brl. Live Poultry— Turkeys, fair to good, 9c per lb; chickens, 7%c; ducks, 9@loc; geese, $3 J? 5 per doz. Eggs—Salable at Twins, 7%@8%c; Cheddars, 7%@8%c; brick, B@9c; Limburger, 10%@llc; Swiss, 12@12%c. Wall Street. New York, June 3. —The stock market opened weak and fractionally lower. The pressure to sell incidental to the passage by the senate of the Butler bond bill was soon exhausted, and a better tone became apparent, which was supplemented by almost general improvements In values. Trading was quiet and without feature in the second hour, aside from a resumption of strength and activity in silver certificates. One hundred and twentyfive thousand dollars was dealt in at 69 @69%, as against 69, last night’s closing. The general list was easier in tone at noon, but quotations were generally on a parity with yesterday’s final sales. , o ’ ' Money on call nominally 1%@2 per
cent Prime mercantile paper, 4@5% per cent. Sterling exchange steady, with actual business in bankers’ bills at 488%@488% for demand and 487%@ 487% for sixty days. Posted rates, 488 @489 and 489@490. Commercial bills, 486%. Silver certificates, sales SIIO,OOO at 69@69%. Bar silver, 68%. Mexican dollars, 53%. Government bonds steady. Closing quotations were:
Atchison 14% Lake Shore Am. Cot. 0i1.... 11% Manhattan Con. 102% Am. Tobacco.... 64 Missouri Pacific 24% Bay State Gas.. 86% Mobile & Ohio.. ..„ Balt, and Ohio.. 17% North Pacific... 5 C. B. and Q 77% N. Pacific pfd... 15% C. C.,C. A St. L. 3S~ N. Y. CratwdL.. 96$ Can. Southern.. 50 North western .. 104% Con. Gaslss%N. American.... 5 Cordage. 5% Omaha 4B% Chicago Gm .. 67% Ont. A Weet’n.. 14% D. T, * W M Dis. AC. Feed Co 17 Rook Island .... 09% Den. &R. G. pfd 47% Southern Ry.... 9 - -Soth’n Ry pfd.. 28% Leather... 9 Sugar Refinery.. 122% Leather pfd 68% St. Paul 76% Gen. Electric... 38% St. Paul pfd.... 127% Hock v * u «7 15 Suiqne. A West Illinois Central Tennessee Coal 85% Jersey Central... 104% South’n Pacific. 19% Kan. A Tex pfd 24% Tex. A Pacific.. 8 • ’A’Union Pao,flo ' • • 7% L., N. A. & C.... 9 U.S. Rubber.... 21% L.,N. A. AC.pfd .... Wert’n Union.. 84% Louis. & Nash... 49% Wabash Linseed Oil Wabash pfd ’ 16% L- AW.. ... 18 W. AL Erie.... 9% L. E, AW. pfd.. 71 Wls. Central Government bonds stand at the folowing bid prices: Registered2s.... »4% Registeredss... 119% Registered 45... .107% Currency Hs ’97.100% Coupon 45109% Currency <>s’9B,loß New Coupon 4*.. 116% Currency 6s ’99.105 Live Stock. Chicago, June 3.—Cattle- Receipts, 15,000; calves, 450. % Sales at $4.10 were rare, the bulk of the fair to choice beef and shipping steers going at $3.75@4, and plain lots around $3.60. Cows and heifers partook of the general weakness, bulk selling 10c off from Monday’s values; all selling above $3.50 now are of extra quality. Calves were in moderate supply and sold 10c higher, best up to $5.20 and bulk choice calves around $5. Hogs—Receipts, 31,000; prime heavy sold early around $3.10, and choice butchers up to $3.20, but later such were not wanted 5c off from those prices. Fancy light sorts sold around $3.30, and big rough lots down around $2.60. Most of current arrivals are medium and heavy mixed that sell at [email protected]. Sheep—Receipts, 16,000; export natives of choice quality held about steady, some fancy 120 to 150 lb lots selling at [email protected]. Best 68-lb spring lambs went at $6.10 and most good to choice lots at ss@6, poor to fair selling very slowly at [email protected]. A string of 480 choice 86-lb clipped northern lambs went at $5.30. Most fair to choice native sheep sold at [email protected], and thin to fair mixed lots at $3 10@ 3.60. \ Peoria Peoria, 111., June 3.—Corn—No. 2 27c; No. 3, 26%c. Oats—No. 2 white’ 18%@18%c; No. 3 white, 18@18%c. Rye—Dull, nominal. Whisky—Finished goods on the basis of $1.22 for highwlnes. Receipts—Corn, 29,550 bu; oats, 29,250 bu; rye, 600 bu; whisky, none; wheat, 1,200 bu. Corn, 1,450 bu> oats, 46,850 bu; rye, 600 bu; whisky, 675, brls; wheat, none’ New York. New York, June 3. —Butter—Receipts, 8,812 pkgs; western dairy, 8@ 11c; western creamery, 11@15%c; Elgins, 15%c. Cheese—Receipts, 5,718 pkgs; large, 5%@6%c; small, 4@7%c; part skims, 2@4%c; full skims, @2c. Eggs—Receipts, 9,732 pkgs; state and Pennsylvania, 12%@13c; western, 11%@12%c. Coffee—Entirely nominal.
