Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1860-01-18

Davenport Market.
WEEKLY REVIEW.
OFFICE DAILY DBAOcRAr AND NEws,
Tuesday Evening, Jan. II, 1860.

WEEKLY REVIEW.
OYsIcs DAILY DEMocRAr AND Nxws,l
Tuesday Evening, Jan. II, 1860. !
Tho weather for the last seven days has been
quite moderate, with the exception ofone Day and
night, which were almost the coldest of the sea-
son. The roads have been 10 pretty good condi
tion 'sr sleighing, but the warmth Of yesterday
and Sunday has decidedly damaged them.
The receipts of grain and pork have been unac-
countably small, and in consequence tho market
has been unsteady, and At times excited, from the
strong competitor between millers and spectators,
and the increased demand from the former for the
last three days. Farmers are doubtless anticips-
ting heavy advance in the wheat market and
are holding OF to moro speedily effect it.
The Albion Mills of J. N. 4 d. Burrows has
again commenced operations, and their debut in
to the grain market again caused an immediate
rise Of 2@3c in wheat. They require about two
thousand bushels per day to keep the mill running
full time, and the receipts during the past week
have not averaged that altogether.
There are tive other millers in the market be-
sides Mr.. Burrows, who require five hundred bush
els per day each. This, with the speculative de-
mand from nine or ten different firms all engaged
in the grain trade, who purchase ten thousand
bushels per day if 1t werc brought to MARKET taken
with the average receipts the past week, of less
than two thousand bushels daily, has kept tho
market in an excited state. Last Thursday and
Friday, wheat was firm and rather steady at S5@
Ssc. On Saturday the market was active at an
advance of 2@3c, closing firm at Ss@9Oc. Yes
serday still further advance was effected and tn Q
market was excited and unsteady, prices reaching
94@95e. Wheat at this price will not pay to ship
anywhere at the present state of the eastern mar
kets. In Chicago yesterday evening the market
for No. wheat was active At 99c. This will not
admit Of shipping from here, as the bulk Of Iowa
Spring wheat is classed as No. by the inspectors
at Chicago.
The Corn market has been quite firm and active
during the week. closing buoyant st an advance Of
lc. Tho receipts were moderate and shipments
small, but good speculative demand still exists
the bulk OF the receipts being stored hero until
the opening Of navigation in the Spring. There
are about dozen warehouses in tho city which
now contain an immense quantity Of corn, all
waiting for the Spring opening. In Chicago No.
corn brings Sic in store, which would afford good
margin for shipping from here at the prevent pri-
ces. "a nimble sixpence is better than q slow
shilling"is is tho old adage, and we question whe-
ther more profit could not be realised by buying
and selling corn at the present figures. and turn
ing the capital invested often, rather than hug
ging an uncertainty in storing such large qusnti-
ties.
In Oats but little has been done this week, al
though good demand exists for home consump
tion and storing. We quote 2S@3Oc here and SIC
in Chicago, the margin being too small to shipby.
The receipts of Barley have fallen of greatly
Of late. The whole amount received this week
has been excelled by enc days figures some weeks
back. The market in consequence has been very
firm, and advanced under q steady demaHd from
shippers and competition between them and
brewers. The new malt house now in operation
uses several hundred bushels daily Of the best
grade and cleanest grain, and the receipts fire.
quently fall short ef the demands of this one firm
There has been very little barley shipped this
week. The Chicago market, which partly gov
erns Us, has been steady, closing yesterday eve
ming firm at Gle, An advance Of lc during the
week A good brewing demand exists there.
About one thousand bushels of malt were ship
ped to Chicago in the last six days
The Pork trade has been rather quiet and the
market steady for dressed hogs. There is at pre-
sent but one firm engaged in packing. A few
head we're shipped to Chicago, but the margin is
very small, and the market there not very active
The packing business is nearly over and there il
not ~ much inquiry ~ usual. The Cincinnati
Commercial Of tho 1Ath says:
Hogs are rather dull as . standard for 200 b
weights Of 81 IS. The receipts were near $500
head. They seem to be taken because they come.
prices ruling. Several Of the leading houses con-
slider themselves through, and the bsianss are ra-
ther desirous of closing out.
At Delphi, Indiana, the Journal says:
Very few hogs now coming in, and the trade il
about closing up for the season. Nessrs Spears
Case Co., have packed fully sixteen thousand
head, IN increase over Fast year of four thous-
and.
The luscatins Journal advises Of the elosine
up Of the packing season there On the 18th, and
quotes the market figures for dressed hogs at the
sans - Davenport.
The shlpmcnts Of dressed hogs 10 the New York
market this season have been immense. In their
market rspsrt last week. the New York Tribune
says
Tho most remarkable feature in the hog mar
ket IL the enormously large receipts Of dressed
hogs which have come in, mostly from Ohio and
other western States In such large quantities that
1t he's been di@cult to handle them fast enough TO
get them from the cars TO the stose-houses before
the carcasses thaw out. A foe selling them a.
fast - they arrive that 10 out Of the Question a
1t 10 estimated BY good judges that 2O0,CUo hog
cafca1Doe have Iooohod this CITY within ten davs
10 10 fact some parsons put the number st 100000.
The price Yesterday on Change was 6s<06Zc =
ID, ct which large lets have been taken and stor.
Cd on representation.
The Hour market here has been rather ouiet
but very firm and steady with . moderate home
demand for consumption, butno shipusats. Nov
that the Albion Mills have started the tsads
will be sonswhat revived. The Chicago Tribune
Of yesterday says:
The Flour makst 10 exoesdingly dull, psr tly
owing to IN advance Of frsights . Pitesbure. The
transactions wsrs very trihing at - Is for ro,d
extras.
A Pittsburgh paper Of January llsh, says Of
Flour:
Thsrs sss very few sales reported from Arst
hands, sad the bulk Of saiss II from store, from
which the cusssnt rates ase - follows, Wis: Su-
Per IS Is, ExtsA, eS S005 g; Extra family. 9S 81
06, and some q Ss "a; aaa faacy braads IS asa
. S0s Rye Aous, sales fren store atez7 Is.