The weekly north Iowa times. [volume] (McGregor, Iowa) 1857-1867, 1860-07-25
and Fiuancia Renort.

Commercial and Financial Report.
The prospects of most brilliant Fall
trade continue to brighten, and already, the
grain dealers are preparing to receive the
products Of the agricultural lords of the
West. Within few days past we have
noticed in our streets the representatives of
some Of the best grain and produce buying
establishments Of the Lake and River mar
kcts. There is one feature in the grain
trade now, worthy of notice. The prices of
grain here range higher by large per cent.
this season than last and the commercial
reports Of the Lake and down River cities
predict steadiness of good prices. There
will be fluctuations of course, but we antic-
ipate the markets will open at fair rates and
continue steady, except when from some
cause of local nature, slight rise or fall
will vary the uniform rates. A year ago
to-day wheat was quoted here at 40 cts for
oid-new not quoted, and the foreign grain
market quoted, "f1at;' to-day wheat is
quoted at SO cts to 80 cts, margin of
over 100 per cent. in favor of the farmer
On the 9Th of October last wheat at Nc
Gregor was quoted at SO to 63 cts, and ar
irving at the rate of 5000 bushels per day
The grain crop of Iowa for 1860 will be
immense, indeed it will very far exceed the
antcipations of the most sanguine. About
one million bushels of wheat were shipped
at this point last year, and the shipments
this season will exceed three million bush
els, and we think will be nearer four mill
ions than three. A prominent and we'll
posted farmer from Fayettc county told us
week since that he doubted if there were
teams enough in the country to bring the
grain to market and do the usual farm work
besides. Our shipping facilities, and the de.
mand from abroad will however increase in
equal ratio. Without doubt an elevator
will be at the command Of our shippers at
this point; our warehouses have been con-
tinually charging, and with constant, al
most hourly connection by boat and car
with St. Louis, Chicago and Milwaukee,
and competition in buyers and freight
lines that will keep the prices of produce
and grain at an equitable standard and
freight rates very low, we can safely saw to
the thousands of farmers of the fifteen to
twenty counties who market their grain at
this point, that our facilities for shipment
and storage have improved in just proper
ton to the wants ofboth sellers and buyers.
In future under this head, in each number
of the Times will be found general review
of the markets in all the leading commercial
marts, thus showing the margin between the
ruling prices Of our own and foreign mar
kets. Wheaton, Saturday, the 21st, as
follows: In New York, dull, heavy and to
&c lower, with sales of good white Ind. at
I ! As; choice white Mich. $3.50; Red, do,
amber Southern, $3.50; and 49,
600 bushels of Milwaukee club at 1928.
At Chicago, same date, market ranged as
follows: Wheat-rcceipts 1894 bushels
shipments 400; market quiet, lower and
limited shipping demand. White winter
400 bus. in store at $l,ls. Red do, 81 90.
Spring ranged from 81, O2 to S1,O3. Flour
more active, $500 @ $4,921 per Dbl, for
good Spring, extra Corn firm at 43ac.
Freight rates from Chicago to Buffalo by
schooner, &c for corn, low rate; Oats,
steady demand and upward tendency at 26c
with shipments Of 1000 bus; Rye in good
demand at so a. Ole; Barley quiet 33 a
a5c; Hides, tendency downward; quoted,
Green 81 a &c; Green Sailed n a. n;
Dry Sailed - q 1Sc; Dry Flint 14a a
l5c; Kip Sc; Calf 8 @ 1oc; Sheared Pelts
l24c; Wool, common native, 20 "a 32c;
one-fourth blood, as a. 35c; full blood Sax
ony, 4s O. 45c; Cattle; beeves declined
123 per cent. at $3.50; Hogs, $500 for
corn fed, and $500 for stock hogs.
Milwaukee quotations of the oath are as
follows: Wheat-market irregular, dull and
downward tendency. 5000 bus. No. one
Spring, Sl,Os; very small lot of extra at
SLIP, delivered; Oats-frm at % a 29c;
Corn-shade lower, with better supply at
43 q 45c; Barley-prime new, IS a Goo;
Rye-a very little was arriving at so q IS,
old preferred at Coo; Hides-a shade lower
6 q lac ruling prices; Wool-unchanged,
quiet and ranging from 80 a. 45c for COM
mon native to full-blood Merino; Butter
8 @ 81; Eggs-plenty by the Dbl. 7c;
Potatoes-good supply, old Is a. zoe, new,
80 @ 4oc; Cattle-in good supply at $3.50
O. $500 per cwt. gross, for fair to extra !;
Sheep and Lambs-$2,O0 a. $500 each
Live Hogs-$5,oo; Dressed Hogs, dull at
5000.
The Milwaukee wholesale price current
is as follows Sheetings, bleached g. a. 124,
brown 6 q 1oc; Prints, u q 1Oc; Den
inns, 8 q TIC; Cotton stripes, 81 @ lac
Flannels, cotton, 81 q ll4c; Jeans, 81 a
1oc; Ticks, 10 O. lG.
Sugars, y q III; Salt, 81 40 O. $3.50
per Dbl. Molasses, 50 q soc; Syrups, 55
q Goo; Nails cut, $500 a 4,5O; Wrought
$3.50 q $500; White Lead, pure in oil,
81 @ Sc; Pure dry, &c; Tallow Ole;
Cheese, O. l2a for common Western to
Hamburg; Whiskey, l6 "a TIC; Camphene
SO a SOC; Burning Fluid 4Sc.
Stocks &c.-Stocks are heavy and dull.
N. Y. quotations for Saturday, are Hudson
53t; Erie, 22t; Mich. Gen., 52s Ill. Gen.,
20; G. & Chi, 6sS; Chi. & X. l., 74a.
Short acceptances are current, and money
abundant at 5 per cent. The importations