The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1866-06-12
The Chicago Markets.

The Chicago Tribune. in its Saturday evening
report, says:
The money market during the week has ruled
active but owing to the heavy receipts Of produce
there has been an active demand for currency by
country bankers, and it closes unusually gent
and close The bankers are generally accqmmo-
dating their customers at 10 per cent. per annum
but outside paper is already at IA II per cent per
month. Nothing but fret class paper passes at the
banks.
The market for Eastern Exchange to-day was
very Nat, and quotations ruled weak and shade
easier. Owing to . scsrcity Of currency, come
bankers sold Eastern exchange as low as I dis
count, but the general rate among bankers was
lilo discount. Counter rates we're steady At 10
discoun. buying and par selling. Small bills were
sold BY tho bankers at premium of soc per thou
sand.
The Produce markets to-day we're quiet. Flour
was quiet but 6rn. Wheat advanced l(dlAc Der
hushel. Corn advanced &c per bushei. Osts wer,
less active and 4@ac lower.
We are still compelled TO report ouiet prov;..
ion market. There was slight demand for Mess
Pork and the market was quiet and steady, with
sales Of 200 bbis ut $50 IS. Rump PORK was =
shade frmer, with sales of IA bbls at 423 90.
Bulk Meats were inactive hut firm The stock il
being rapidly reduced, and holders do not show
any desire to press sales In fact this il the case
throughout the entire list Of tho hog product.
Lard il nominal 1t 22@22ac
The wheat market is in peculiar condition,
and business is almost at dead lock, For some
time past clique has been buying up the regular
No Spring, Tin the intereets, it 10 stated Of the
Indiana delegation,) and have almost the exclus-
i've control of all the wheat of this description now
in store The "bear" interest had put out line Of
"shorts,' and now that their contracts arc matur-
ing, they md themselves uncomfortable cornered.
They are considerably vexed at the way in which
they are treated, and refuse to purohaee knowins
that should they conmence to do 90, thers i. no
knowing how high prices ight be carried IN. Al
the contracts mature, settlements instead of de-
liveries sre made, and only enough cash Wheat IL
sold to determine tho prices 1t which such settIe
ments are based. In . few instances Wheat has
been borrowed for the day 1t 10 per bu. but Nc do
not hear of many transactions Of this sort. The
amount Of regular No In store 10 estimated A.
being close 400 900 Blu. There 10 very little no
coming in, and sone Of any consequence being
shipped.
There are no new features in the Lumber mar.
ket. The demand continues active, and q the
supply u scsresly adequate prices are well main
tAiued,
The market fos Beef CaEtie for the veek inst
closed has been . hard one for droyers. The nm
settled condition Of the Rastsrn msrket md tho
poor Inducements held ont for spcoulafons In that
quarter, has very materially lsaeepsd HE shn.i.e
demend. The marked and uneontroljablc aaefna.
lions Of the New York trade, md thS vssy close
margin upon which asalefs - eesn,]elIed 10 one-
sats, hss grsa&ly inpsded The shipping intereet.
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