Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-04-18
oMM ER CTAL.
REVIEW OF CLEVELAND MARKET
For the week ending Saturday, April 16.
sJOREIRa LEADEB OFFIUE,
GnruurnE Eumurnu hv.rfT X TaEl

EgOREIEG LEADEB OFFIUE,
| SATURDAY EyHyTHa, April Is 1884 J
The past week has been one Of unusual activity in
all the prominent markets Bresdstus in particular
experiencing great excitement. and awakening q
strong speculative interest the first four days Wit
Messing rapid advances in prices, accompanied by
large sales. A variety OF causes assigned for
this movement OF breadstus, the most plausible OF
which, doubtless that Of the rapid rise in gold,
this hypothesis being strengthened by the position
Of the markets at the close, which declining IN
der the fall in gold rapidly they advanced while
sold was going up- Whether this decline will con-
tnue in the event Of still further reductions in the
price Of gold, only be conjectura and opinions
differ. Our judgment is that neither Flour nor
Wheat will be reduced to the level 1t occupied before
| the advance commenced, tor up to that time they
bore proportion in price to other products while
it is a fact that this Eastern markets have hardly
been abe to meet the demand Of ordinary consum-
ers, and within the pas days have been literally
swept Of their stock. The wheat that will go for
ward upon the opening Of navigation will tend to
lower the price, but unless there Is more favorable
promise Of the years crop than at present. any
tsrial decline only be temporary. On ths whole,
therefore, we do not LOOK for q much lower bread
stuffs market than at present.
The market here has had its share OF the common
excitement, and strong speculative iUquirJ, with
consequent large transactions and advances, eharac
terized the greater part Of the week, the last two
days, however, showing dull, weak and rather un-
set led Market the tendency being downward.
Nextto breadstufs, Highwines have sngrossed the
largest share Of speculative inquiry, and during the
hrst four days Of the week advanced at average
rate Of 415c day. Toward the close, however they
sympAthizsd with the declining tendency Of the gen.
eral market, though in more moderate degree, and
at the close the market IS dull lower and rather
settled.
Corn advanced slowly during the week, but the
increase better maintained than upon the above
named articles. The market closes with a somewhat
easier feeling. There has been only moderate in
auiry.
Oats have ruled very quiet during the week. An
improvement of 2eao took place on Wednesday, since
which time no sales have been rep rted. We quote
the market to-day nominally &c better than last
week.
Rye and Barley have been entisely neglected, and
prices are nominaliy unchanged.
Fork products have hsd active market, at ad-
vsnoed prices, mess pork having gone up $500 per
bbl during the week, with prOportionate increase
smoked meats and lard. Mess and dried beef
have sIso advanced
Groceries have not been so excited during the
two weeks previous, but ,urther advsnoes shown
in staple articles, particularly sugars aud coffee -
The demand continues active, and gOOdi are held
with hrmness.
Butter, Cheese and Esg5 have ruled at about the
same figures last wetk, gg at the close looking
toward decline Choice butter and cheese still
in very light supply.
Potatoes and Seeds have advanced during the week,
and are firm at our quotations.
Petroleum is advancing, in view of the threatened
tax, the market at the close bling 5g6c higher than
last weeks figures, and very firm. Other oils are not
materially changed.
Other articles quoted have not materially changed.
We give reported sales and quotations for the week
as follows:
Rlour-Sales for i've days: 3,7Is bbls red wheat
Call grades included) at range OF 60 soar s7z l.
$50 bbs white wheat Cs grades) at a range ofs7 I2S
9s,sIS 200 bbls amber at S7CO 252 bbs fine at s5
95 Sales to-day Of 50 bbs double extra red at $780,
100 bbls Indiana white at $780, 100 bbls very choice
white at $3.50; IS bbls superfre at S575 The may
ket closes dull and dropping.
Wheat-sales for five days: sl'46I busheIa r.5 i
from store and free on board at range o. sl 4oasI
81 cars do from store at sl,5l IS GAYS do on track
It range sf 81 SsGl IS; $500 busb white from store
1t range Of q, ,s61gl,6s ear do on track at $780,
200 buahels Milwaukee club free on board at o. "a
sales to-day OF zero bush very choice red from store
It sl,52; 1880 bushels and white on track at
s,7O; carvefy choice amber on track at 81 2cars
imber on track at 81 5S. The market closes and
over, buyers snd sellers being far apart.
COrn-sales for i've days we're Il cars ahelled on
rack at range OF 81 O59l,I2; cars do from store
It sl,O7 and sIOs; car on track at sI,Os sale to-
lay Of car on track at tI,Ii, the market closing
uist and easier.
Oats-The ssies Of the week amount to but cars
2 at SI.72 and sI,74 track, and at sl,75 from
tore There is no inquiry at the close, and the ad
Bnee is barely maintained.
Rye-There hiss been no inquiry, and we report no
during the week Holders guote at sI 20
n track.
Barley-The market has been without notable
iovement, the demand having about ceased. Hold
rs quote at 81, Is On track.
POrk-The demand continues active, and an ad-
anoe Of $500 per Dbl has taken place during the
eek. City mess is now held at $751; Sales Of the
eek amount to about 800 bbls.
LRrd-In good demand and hrm at llo for city
sndered. Sales OF the week amount to about H.
,Olbs.
Smoked meats-In active reQuest, and hm.-
'e quote; sugar-cured hams l6c; plain do 10;
ear bacon sides Eo; shoulders l2c; dried beef s
e. Sales Of the week have been large, including
900 rs Comsiock's sugar-cured hams, 900 plan $
}, and 1000 lbs clear bacon, lOOO bs dried beef to-
~, at quotations.
Mess Beef-Firm and in good demand at sl368 ]
T City packed Sale to-day Of 50 bbs at the quota
on.
Butter-Ihe supply OF choice table butter ia still
arce, and sells readily to the retail trade ct sssc
ood W. R. is worth 34@s5c Sales to-day Of 500 \
OF the latter at s5c and 300 rs at s4He.
Cheese Quiet and Arm at I6@l7c for very choice
B., with very little in market.
Eggs-There is fair demand, and prices are ,
sier. Sales to-day were made As low &c. butTe-
il lots readily command lsc, which Is about the Q
ling figure.
g week, sdvAneing largely the frat four days At
close the feeling is less firm, holders being un-
tiled in their views. The figure generally asked is
10, at which We note q sale Of IS bbls to-day The
sws Of buyers are not above e. IS and the inquiry
very light at this figure. About 700 bbls have =
an,ad n, a. /