The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1863-10-03
MARKETS.

prices. Yesterday, however, prices in New York
and Chicago began to give way, and closed lower
than the day before, and while very general
impression seems to prevail that prices are to
rule high. during the coming Winter. it looks
as though Corn and Oats have reached q point
that it would be well for spectators to look the
whole ground over before going in too largely
The following from the leading article of the
Cincinnati Price Current, of ednesday we think
states the case with unusual clearness:
The weather has been cool and dry. and about
of that character peculiar to this season of the
year. The markets have been q good deal agita-
ted during the week, owing to the advancing
tendency in gold and the increasing alarm re-
garding the injury done to corn by the frosts,
and this being the great staple crop of the coun-
try, its failure affects directly Indirectly nu-
merouS departments of trade and manufactures
and therefore its failure in whole or even in
part. would be a calamity OF great magnitude
An impression is now gaining ground, we no
spring, viii not be over one-fourth an average
and consequently, farmers are holding back
their old corn and refuse to sell it at any price,
tors are at work buying for future delivery, at
famine prices. There can be no doubt in the
knowledge of agriculture, that even had there
been no frost in August, there could not have
been full average crop of corn, because, aside
from the frost, the temperature Of July and Au-
gust was too low for corn; and the crop would
have been below an average had there been no
ele m hX W. ana nor o.
the Ohio river; and, taking all the information
which has reached US, into consideration, we
one third below an average, that is, below the
crop gathered last year. and the quality very in
erioE in large districts But we hold that the
prices. The great drouth of the summer OF 1854
will be well remembered, when the corn crop
price did not rule as high then as now. The
range Of prices during the following winter and
summer was 81 to IS. and the average for the
whole season was &C., and yet -four sold that
same season at an average of eight dollars bar
rel That the existing circumstances do not JUS
before them. fhea the West supplied the south
with, corn, to a great extent, but now the
in Tennessee, mississippi and Alabama, in quail
ity exceeds anything ever known, andas regards
portion Of the land previously planted in cotton
Now the crops in Europe are unusually album
dant, and the present prices Of corn, Or indeed
portation to England, and therefore the whole
crop will be left for home use. Should pork rule
at
Of its being exported, and of lard and lard oil,
and candies, and the result would be a home
amount of domestic produce which should have
been sent to other countries. That this unnatu
Gann95 s
ting at the present unnatural prices tor corn. -
The failure of the hay crop, as reported by our
correspondents, is resious matter, for it is not
over one-halfa crop as compared with that of
last year and this has marked influence on the
price of oats, and is no doubt the cause prices
having advanced so rapidly: but the oat crop is
a good one. anda large breadth Of land was sown
with them last spring, SO that it will be found
demand is the only one that exits for Hay or
Oats, aside from the usual ordinary home de-
mand, and should this cease or De materially di-
miniSned, the prices would largely decline. Be-
fore the rebellion, both hay and Oats were ship
ped largely to the South, but no such market ex
lists for them now. .r4a
Corn advanced to DOCS oats to 7oc, re to CSC,
-four from Is to SOC, and unsettled. Whisky ad-
vanced to SIC; hay to $50 2 ton; cheese re h;
buyers than sellers at the advances. In fact an
Impression seems to have taken possession of
the agricultural community that there is great
| scarcity, and that famine prices must and will
prevail, and hence all articles are offered with
reluctance, and in many cases grain and other
| articles ara not offered at all.
In Chicago, yesterday, No. | Spring Wheat
! closed at $l03 No. SOL. No. 2 Winter Sl05. Corn
20 cts tor No. /, and 81 cts for No. Oats. Ssh
Live Stock is without marked change fsont Last
week. Hogs range from s., to 81 SC. Cattle
zoo to $3.50, for common to choice beeyeS. b.
At this point the receipts OF grain are light for
the season, miIlers hardly getting wheat enough
TO run full time, and are now paying 81 for good
Winter, and s. for choice Spring. but Little Corn
buying for shipment, sells at from 50 to S.. Oats
| 40 to A. t4-'%" a
Hogs and Cattle are going forward by rail pref
ty lively considering that the packing season has
| not yet opened. We notice with pleasure that
| almost every freight train from the East brings
more or less Sheep, this is ai,eathy condition of
the Exchange Market. Our farmers cannot do
better than to ellhogs and cattle and invest the
| proceeds n sheep. .5s p-s 80
/ We annex our usual full quotations of this
and other markets. - = 90 II
sUGAR-lS@l5 Crushed l5c: Refined white
| Ice; Clarified l6l &C. 1& aatG -
COFFHE-29932c. 80, IL -
| MoLAssEs-By the barrel -Reboued Coo; Syrup
| 70c; Sorghum 55c. -zl.t IS. d f,a.... t.rs
sA1rsss s5as @, s. p 70 a.g
FRurr-Raisins, prime, S. 0OGa5 25.
BRoOMs-Sl 75@S2 50 per dozen.
FLoUR7Spring, - 50; Extra, IS IS; Cable, '
WHEAr-spring. 7oes; wiater, so@s5c. '5y ~
CoRN-50e. sea. 49,. W. 49,.
| BEANs-Sl 5Oosl 70 per busheI-;n demand. ..
PorAroEss.New, 5000 per busheL ~
OATS-45c. .s,. ,s-
BUrTsRNiI@R1<lc. ,.&s ,..s.s III ~
WooD-ss Ooasl o. per cord. w. y dzE2
l7,na 5@S Dry Film. l5SlSs Green
GREEN Calf SKrNsl9c; Sailed loo. :, ~ \.
SHEEP PELTS-7jc1Sl 90. .gs
WHISKY-4Sc firmyy o. a.f
LARD-Ic; in bblS &c = h. ID r-,r
DRIED APPLE+5c y D., Green, 2Gta21 ,ner
buShel. i. ..,rtt
HUNGARIAN GRASS SEEp-Sl 90 al, % p huShel -
In demand. 81 ..ya.g,t .,- . ~, "
CLOVER, SEEDrSS-no demand. - = =
CORN MEAL 5Gs6oc q pUsheI. ~. a., !, <
BAooN-Hams, Sugar Cured, lie, Country 6.
Shoulders, SC; Sides, &c. : -, -
RAGs-21S93c u b. ,,,s
Coal 0IIr-S0c p gallon by the barseI.
FIsH.-Mackref No l, half bbls S. 90; No 2,
Sc Is: No. Kits 81 IS, No 2 81 so: Salmon, half
bbls. Sill, Snad 80 SO; White Fish No. Sc CO. No.
p 81 IS. @
WooL-4e@5o dull 3.; a
H Chicago Markets. 4
THuRsDAY, Oct. ist
The unfavorable adyices from England and
the decline in Gold, caused a heavy market for
nlStrnf