The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1864-11-19
MARKETS
BURLINGTON, Friday ) r. NJ


again very unsettled. Gold declined yes
terday in New York to y 20, which is fully
20 per cent. lower than week ago. The
causes assigned for it are numerous. The
bold movement of Gen. Sherman Of cut
ting loose from his base Of supplies at At
lanta, aud starting South, doubtless has
something to do with it, and the Govern
ment, it is said, will soon begin tolpay of
the interest on the public debt maturing
the first of January, which will throw
large amount OF coin on the market. An
other and important item is, that our inn
portations have fallen off considerably of
late, which decreases the demand for gold
FOR custom duties. But the most effectual
remedy in bringing down the price will be
vigorous prosecution Of the war and q
hearty cooperation Of the Government
and people. with = view to making the
contest one Of short duration.
The decline in gold had a marked effect
on the Chicago grain market. The Times
Of yesterday says:
The general markets were lore or less
Irregular and unsettled to-day, and the
rapid decline in gold has depressing effect
on market values. If the downward ten
dency continues prices Of all descriptions
Of produce and merchandise will ex perience
further material decline. We are at
loss at this writing to account for the de-
cline in gold. It has been rumored that
the government intends to receive the old
treasury notes in payment of custom house
duties, and the advance IN these notes
would seem to warrant the belief that q
step OF this kind will be taken. The move
ments of Gen. Sherman have also their
effect and also the further fact that the
government will, before long, disburse .
large amount of gold in payment Of in
terest. The decline in the premium to-day
caused the markets to close dull and
dropping.
The -four market was dull and heavy and
prices we're nominally l5@2Oc lower, and
the market closed with q downward tend
ency. The advance in freights by rail after
to-day had the effect to check the demand,
aud there was not enough done to estab-
lish fair quotations.
The wheat marke; was irregular. unset.
3@lOc per bu. The principal demand was
for No. spring. The shorts were buy
ing TO Il II in their contracts, and there was
also a fair demand for shipping. No. 2
spring opened at 81 1901 81, declined to
81 90, advanced to 81 IS, and closed heavy
and dropping at 81 Is. No: red sold at
81 seal IS; rejected red at 81 75@1 IS; and
No. spring sold 81 79@l 50.
Corn was in good demand and the mar
ket was firmer, aud prices advanced 2(G3c
per bushel for old. New corn was scarce
and firm but there was no change in prices.
The sales of No 2 in. store were at 81 $50 y
50. New shelled corn sold at 81 1901 Ii
on track, and al 81 Is in store. Ear corn
sold ut 81 05@l 10 on track.
Data MORO r0f Fl Pna and ~, Of y,vioos
were easier without decided change. The
sales were at the range Of GAL @65c for No.
l, and G2962sc for rejected in store.
Rye was without any decided change
and quiet, with the sales at 81 12lt1l IA
for No. |. and 81 ll@l II far rejected.
Our last nights dispatches from Chicago
quote the hog market as moderately active
with sales from $40 25@lO so gross, for
those weighing from 225 to $50 u.s., and $40
5000 SO for those weighing $50 u.s. and up
wards.
Cattle were in light supply, and choice
stock scarce. Common and thin steers
sold as low as 50 IS, while good and prime
beeyes ranged from s. 25Gl460.
The packing season at this point has
now fairly commenced, and the houses are
all busy. The number being shipped is
also large; the ferry-boat is busy all day
long. VIM. Orndorf, Esq, one Of cur most
enterprising drovers, crossed about 1000
head on Thursday last. The following are
about the current prices:
Hogs wing form 200 to 225 s. 80 a 100 gross
IS - 225 to $50 50 IS . g I.
:" $50 e. up 500" +"
And we understand fraction over our
highest figures was paid yesterday for ex-
ira hogs.
We give below the number Of Hogs ar
irving at Burlington by the B. Il NJ. r.