, 1870-05-11

aliddllnes. 2o.oo @sGo0
Wheat was b1oyant an1 very active, at an
rather feverish, and exceedingly variable, quo
tltions not being settled foI many minutes to-
gether. The market Was pushed upward BY
the operation OF general causes, such as have
been noted for several days past. Liverpool
was quoted Id better. New York opened out
quiet and firm, but rallied under the advance
| h.1e, and was quoted excited By private
dispatches, though publicly all mas calm. But
these were nothing The real cause was the
previous advance Which has awakened
ont. Of their lethar argy, and set them
to thinking that, II the wheat crop Of California
is really as short az reported, it must make
| greater dihe1ence in prices than has yet been
| met with Hence the market Was full Of or
ders 10 buy, and sellers we're able to nAme their
own prices early, the competition on the part of
purchasers being quite excited. A great deal
Of the buying is done By Chicago men, and tho
smount at command to be invested must be
ss an lnarse asa AZ they are buying up in Milwaukee,
tion Of the grain have vanished, thanks
which reduced our stock Ut . very
rapid rate in the early spring, leaving the
easily Receipts we're lighter to-day than
usual, and it is quite probable that many
country owners viii uow hold back in the hone
Of obtaining still higher prices; not caring to
hold their grain here at u time when storage
charges mount up 60 rapidly. The market On
Change it opened Ut 9s11c for cash: No.
spring improved to s1.06; declined to 9oc.
and closed d1mer at 991@71.00 No 2 spring
sold at s1-oo to-day, for the frat time In near
y seven y, en- nonths. Cash sales we're reported
at S1:03; 100000 bn No. 9 spring ut sI.00;
81, 600 bu do at 995<c; 14O, 600 bu Do at 99lzc:
s., GOO bu do At 9e11c: 600 bu- do at 99c: 400
ia No. spring at SIG; $500 bu do at Ole;
200 bu do at 95Sc; LOCO bn do at Doc; 4,40o
400 bu do at 6211Sc; 400 bu. By sample, at
S1.06: 400 bu do at 51-04 Total, 5o3, 900 bu.
On Change, seller the month sold at 900
ssc; seller last half At 71.00@1 02-
Corn was strong and 1@1z1c higher, ruling
email advance on yesterdays outside prices*.
The speculative demand was good, especially
from the short interest, and tho shippers were
quiet, picking g up car lots of fresh re-
ee'pts &C It LITTLE more than the price |
ehort, but tho fact tfat com for delivery
three weeks hence can be bought at 1H@9c
less than cash lots shows that the market is |
largely oversold for May. The lower grades
were x > i'm and scaFSe the receipts being Light.
AZ Nes.g ogensd a,a1 =. 9s, and closed at 9i@9IAs
% 6u ~ No: =, = at a14c; $1,000 bu do at 9i14c;
$4,000 bu do at 9ac; 2 800 bu new at 99c IS Oto
bu rejected at 90c; 2,an9 bu do at 891k 8, 400
~ AZ n o9c eoo bu no grade at SEC: 1,6i0 bu do
At SIC; 400 bn do at BIC 5000 bu reiectad at
&c anoat 800 bu no grade at SOC a1oat.
Total 144 ,000 bu. Seller the mouth sold at 9I
@94Ac seller last half at 941Sc, and seller
June at 9214@925@c.
Osts were strong, and o14@21<c higher,
though no advance WAS reported in New TorI.
The market is, however, practically cornercd.
the stocks in store being in very few hands'
while the abort interest is numerous ono'
This fact. and the advance in wheat and corY,
caused the Improvement. The market oponed
at size, and closed at 5aA@521<c. Sales
were IL, 600 bu ut 525@c; 96, 900 bu at Sc.
26. 600 bu at SIX Is, 600 bu at 51}zc; G,2o0
bu At sic; .400 bu rejected at 47c; GOO bu do.
ut 46; &c; 2 400 bu do at Acc; 800 bu aaoat ut
53c GOO bn by sample at 55c- Total, 10000
bu- Seller last half and seller June sold at So
@5a;1c
Rye was rather quiet, but TerJ firm at 1c ad-
sance, in sympathy with corn and oats, closing
steady Sc at SC for regular No. 2. Sales we're:
soo IN bu No. l At 85c; 400 bu No. 2 Cfresh
.eee1pts} At 82}4o; 1000 bu do ut 821{c; 300
" 4 as 90 at SIC; 800 bu rejected at 75c. Total,
Barley WAS quiet, but 1@2c better on the
over % grades, the receipts being scarcely equal
~ me Demands Tor city consumption for sew ,
s!a nayh past No. w;ss nominAl at 55@6Dc;
70, ;o q1otad at at a9t@51c; and rejected at 47
o4se. sales were: 1000 bu Canada, on pfi-
;a.e nv setus' sald to be sl.0o; 800 bu No. ut
j. seeds een ve,e e very quiet at e6.5o@6.75 for
q ~ HI Sllos9l.15 for millet; and e1.2o@t
The following -rar. H.. =,