The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1855-07-30
CITY OF EVANSVILLE.
MONDAY MoRNING::::::::::::JULY 80
Monopoly i'm Produce.

were compelled to pay for all the more I'M
portant articles of sustenance, during the
last year, we've partly attributable to sPecu-
lative combinations entered into oy the
larger produce dealers. Even latterly at.
tempts have been made by Eastern capital
ists and spectators, to arrest supplies on
their way to market, with an evident inten-
ton on the part OF these mercantile conspi-
rators, to ease themselves, gradually, from
sustaining any very great pecuniary loss.-
But though, in time of scarcity, unscrupu-
lous capitalists may obtain almost perfect
control over the limited products of the
farm, the meadow, and the dairy, they can
not long maintain speculative prices when
granaries are fall to repleton, and farmers
are anxious to realize the reward of their
toll. At such periods prices recede to their
appropriate level, and are only subject to
those natural fluctuations which are incident
al to lighter or heavier demand.
The pernicious effects of such combina-
tons, which tend to increase the price Of
food--combinations which can only act eff
fectualy in years of scarcity, cannot be es-
timated. The oppression produced by such OBJ
structions to the natural current of business,
obtrudes itself upon every poor mans neces-
stiles, and becomes painfully disastrous in
particular instances, as we'll as injurious in
it's general effects. 1t is wealth selling the
occasion to place additional burthens upon
poverty, the result of which is TO force pow
erty into bitter anita gonism to wealth.
These monopolies have shown themselves
more during the past year, perhaps, than
ever before, and simply for the reason that
the aggregate productions of last season
were within the compass and control of the
speculative capital of the country, and CAPT.
talists combined to prevent so large portion
coming forward at any one time as to produce
a redundancy in the market, by arresting it
in transitu. Our readers will recollect that
the immense surplus of wheat exported last
fall from Canada to the United States, re-
manned in the store houses of Buffalo and
'Oswego, and other border points, and was
let on to the New York market the past
spring and early summer, in a manner and in
quantities especially adapted to the specula-
tive demand.
The present quotations in the New York
market, are significant of the fact that COM
manding combination of millers and specula-
tors still continue to rule the market. The
best brands of flour were quoted on the Gath
Of July as follows:
Indiana and Upper Lake, aud common to
good Ohio, at $40 rs, and IL so for extra
sGenesee.
From'the South, Alexandria and George
town brands, quoted at $lo50@ 80, chiefly
on speculation.
Wheat quotations of the same date as
follows:
GRAIN-A better demand for Wheat, and
good lots command more money, the arrivals
are fair; sales of $500 bushels fair to good
Red Southern, at 81 75@$l 80, and 500
bushels fair White do. at 81 go.
Let every rejecting producer compare
these quotations with those in the markets
from whence the flour and wheat were ship
ped, and in the localities where they were
produced, and no further argument will be
required to show the existence of this COM
bined monopoly.
The New York Courier and Enquirer, Of
the Oath says:
The two main supports of life, bread and
meat, have teen selling at fabulous prices
such prices as we trust never to hear oil
again.
This able commercial sheet is endeavor
ing to open the eyes of the farmer and the
Western produce dealers, the first handlers
of the crops, to their true interest upon THU
subject, and suggests the only remedy which
seems at all practicable to US, and that is tina
every farmer in the county should take one
or more good commercial newspaper, ant
keep posted as we'll to prospects as to pri
ces, and not suffer themselves to be imposed
upon by these soulless monied combinations
OF Our neighbor Allen c. Hallock re.
quests US to state that the several Insurance
Companies for which he is agent, embracing
the Etna of Hartford, Hartford Fire, Home
Inns. Co., OF New York City and the Stat
Ins. Co. of Ogdensburgh N. Y. have paid u
in full, all claims for loss and damage sus
tanned by our citizens by the late fres,-
tn at the aforesaid Companies are all goo,
and reliable, possessed of sound CASH cap
ital, and SURPRISES. If any one wants Il
know the standing and reputation Of thes
Companies let them enquire of those VIII
have been longest insured in them.
FAT OFFIcE.-The fees of the corone
nj NJ F.Ouia fop he of Iouo
to over $500. This is much more, however