The weekly north Iowa times. [volume] (McGregor, Iowa) 1857-1867, 1858-04-07
Eastern Markets.

The prospect Of an advance in grain at the
seaboard is, at present, not fattering. The
trade South is decidedly better and here it NAV
he seen how valuable to US is the River
: While those who are compelled to sell at the
east, or not sell at all, are sensitively alive to
every item Of intelligence that flows from New
York, We, here on the Mississippi, having for
eight months of the year unobstructed connec-
lion with the Gulf Ports and South West DOR
tions of orr country. can make DIR selection
- to what quarter Of the earth We will send
our surplus.
But we cut of the contemplation of our rrcs.
ent or future advantages at once, because we
hold the pen now only to refer to the condition
Of some leading staples whose sales affect ives.
tern interests. and first Of
WAeat.-1t was believed that the opening of
navigation would Immediately advance this
great product from 10 to Is cents bushel, and
under an anticipated stimulus it did gain sey.
eral cents. but as every arrival from Europe
bears the message. "Grain-dull and lower"
every intelligence from Producing countries re-
ports abundant crops. every Bank statement
S::asaees funds withns! limit but proper sccu-
'ity not obtainable. and nearly all enterprises
cut short BY a distrrst of the future, amply jrs-
tilted BY the failures Of the past, there is
dulIness in the grain trade that is extremely dis
couraging to the business man. When it will
be better no one knows. The prices now arc
not IN ruinous as wa soma,;ma, ;,,o<.:.. L..
the absence Of activity or snap in the demand
10 what kills out all the efforts Of dome site
buyers.
In New York on The 3d., prime white wheat
was sold at 81 As to $3.50. Average Flour for
shipment brought $3.50 to $4,s5. The ship
ments from Chicago upto April LIST, were IT,
172 bushels of wheat--the article is worth g.
on board. Corn is "a to IS. Flour at Chicago
IS rory duh, immense quantities of it being in
store awaiting the opening of the straits and the
1Velland Canal.
Pork and provisions generally share the dull.
ness which affects other products.
Wool.-American Wool at New York is
y to q but quiet Foreign woods at 9 to IS
cents depending on quality and PREPARATION.
H'des-The market for Hides has fluctuated
extensively within the last month. The
dealers will not purchase freely at any price
and the opinion prevails that spectators are
pursuing the same policy in Hides that Wall
Street does with Stocks. A panic once got and
held possession Of dealers, and South Ameri.
can Hides rose in N. Y. from 81 in ls4s to 81
cents in 1857, and an effort is now on foot to
preach scarcity, southern revolutions and a
falling of in California to rally hides up to the
'unous prices Of last year. but it is not possible
70 get up the fever. There is stock enough on
tho seaboard to last IL months if not a hide
should be imported. Buenos Ayrcs hides are
worth now 20 cents in New York-a falling of
In price since last year of II cents. A large
advance on hides cannot be counted on. Wes-
tern hides are II 10 Is in New York.
(Mrs-Ths great annual sales in London in
March showed falling on that was ruinous
TO holders; many descriptions could not be
sold at al. Full 80 pr. Ct off from last year was
submitted to. Tie New York market is better
to-day than the London. We append few
Prices: Mink 60 to 100. Fox, grey and rcd,
- TO 100. Martin 100; Fisher 9 to $500 !;
Bear to 90; Coon IS to 40; Rat 6 to u !:
Deer skins Q to le.