The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1862-11-01

BURLINeroN. F,iday. Oct. l3p,

MARKETS
BURLINGTON, Friday Oct. /, 3P.N.
The rapid advance in prices during the past
80 days has made business very brisk. Trans
portation lines east from Chicago have all they
can possibly do to move the stuff offered them;
consequently rates are steadily advancing. Sew
enteen cts. per bushel on wheat is now the fig
ure from Chicago to Buffalo From the latter
point to New York by Canal, 25cts; to which if
We add insurance and other charges, it amounts
to but little less than Scots as cost of carrying
Wheat from Chicago to New York, which is near.
ly double the usual rates. OF course it tells on
prices; and while figures in New York look high,
yet the net proceeds to the producer are but
slightly increased.
In Chicago, yesterday, Wheat was extremely
dull, and to Sets per bushel lower. Corn
steady. Oats declined. Rye unchanged. Live
Stock without marked change. Prime cattle
scarce at prices ranging from sS.to $50. Hogs
averaging 200 pounds 1910, and from $3.50 to
$50 for exta lots weighing 800 pounds and up
wards.
In this Market business is quite active, receipts
OF produce large. Wheat is eagerly sought at
ter by millers and shippers, and prices are kept
close on to Chicago figures. Not much doing in
Corn; the active demand for hogs makes corn
pay much better to feed, where the stock can be
obtained. Oats are in request At 2bcts; buyers
are in the market for oil the hogs offered. Sew
eral lots sold At the B. l. N. R, R. depot during
the week At from 81, rs to $50, the outside figure
for choice.
| We annex our usual quotations of other mar
kets, likewise letter from the Commissioner of
Internal Revenue to G. T. Wheeler, Esq, Presi-
den: of the Chicago Board of Trade, which may
be of interest to parties engaged in the grain
trade: at7 - h ks
TRzAsuRY DEPARTMENT,
OFFICE OF INTERNAL REvENUs,
October rs, 1861.
Sin: Your letter Of the 2lst inst, making in
quiry about the licenses required by parties
dealing in grain ia your vicinity, has been re-
i ceived. u a7H s7s a. ~
A person who buys grain strictly on his own
account and eendsit to another market there to
be sold on commission, is not thereby made sub
ject to any license tax under the excise law.
1.-The buys grain solely for another person or
firm, acting as their agent be Is still exempt
from license.
II be buys for more than one party he comes
within the provisions of section 81, article IA,
and requires license as commercial broker.
The above remarks apply only to instances
where grain is bought and sent to anothey market
for sale. When the grain is sold by the pur-
chaser he requires dealers license; whether
wholesale or retail must be left entirely to the
Judgment of the assessor in each case.
lnasmuch as a licensed whosesale dealer is
permitted to act as commercial broken without
an additional license, as well as to sell at RETAIL
parties engaged in the grain trade, as usually
: conducted, will probably find it to their sdvan-
tage to obtain licenses as wholesale dealers.
!. am, respectfully, your obedient servant,
c. F. ESTEE,
|. Acting Commissioner.
G. T. WHEELER, ESQ.,, Pres't Board of Trade,
Chicago, Ill.
SUGAR-1o@l1ic; crushed, l4ac refined
white 134c; clarified lSc
COFFEE-26@2Sc.
MOLASSES-By the Dbl, Reboiled, 40; Syr.
!, ap, As; kegs 81 SO. Sorghum, 25@30c.
NAILS-Ass, s. Oo@4 80.
RICE-s4c
FRUIT-Raisins, prime, new S4@S4 so.
BROOMS-$O 75@l SO per dozen.
8 FLOUR-Spring, Wholesale So, 100; Retail S..
80; Winter, wholesale, $50; Retail $500.
WHEAT-Spring, 65@75c; Winter SO@S5.
I CORN--lS@2Oc.
: RYE-33c @ eysy
BEANS-$1 $1,25 per bush.
POTATOES-3O to Soc per bush.
a OATS-2Sc firm.
: BUFFERS to Zoe. .NH-
!. EGGS-7@9c.
CHICKENS-sl 90 per doz. rs
= HAY-Timothy, $7@$9.
t. WOOD-$2 50@$3 90.
e HIDES-Green, SIC; Dry Flint l3@l4c
Green Sailed 63@7c. firm.
GREEN CALF SKINS-6c.; sailed, TIC.
SHEEP PELTS-60@100
e Notwithstanding
It LARD-6@7c. per fb in bbl
0 DRIED APPLES-3@4c, per b., no market
8 green do. 20@30c per bush. =.
TIMOTHY SEED-S1, 0O@S1,20 per bush
HUNGARIAN GRASS SEED-30 cents
bushel No sale
CLOVER SEED-A 90.
> FLAX SEED-Neary all offered is inferior
10 kcsn