, 1870-06-07

Observation-Disclosures
1870. ls69. 1870. 1869.

A0c lohuNlnE gram las Ueen rccelfGA up 10
10 o'clock this morning 253 cars wheat; 30I11
cars aud 81 700 bn corn s715 cars and 5000
bn oats; 8 cars re; ~ cars barley. Total
(GJ71s CARL, 2S3 oo6 bu. Withdrawn on satur-
day for city consumption: 400. bu whc1t !;
1871 b1 corn 1,017 Gu OAKS; 95I bu ryc !;
12.G13 bu barley. Withdrawn for do last weak !:
27, ,G25 bu wheat; 374l71 bu corn; 16,l77 bu
oats; 1856 bu rye; lo,5oo bu barley.
There was full attendance on Change to-
day, md general advance in prices of pro-
duce, with moderate speculative activity.
Tho shipping movement was slow. We note
that receipts continue full, but not excessive.
Uigilwincs wero dull and inactive, at a nom-
inal decline Of 1c, At tie close s1.ol was bid,
md S1.02 asked, for Iou-bound lots, Wood
bound lots quoted at s1.00@1.01.
Lake freigLts were very quiet, but 1c better,
owing 10 the absence Of sail vessels from tho
river, only three being here to-day offering to
load. A total Of Atree charters was reported
1lates arc 7c for wheat, and &c for corn to
buffalo; and lie for wheat, and 101sc for corn
New York arc also better-23c for wheat, and
21@o119c for corn:
Provisions we're inactive, but very firm. with
little change in prices, except that lard WAS
held higher. There is no notable demand, but
good jotbing trade is expected, quite sutfi-
cicnt to exhaust our stocks hoforo packing can
be resumed. We quote mess pork Mt 529. 25
heavy oycrwcishts of do at soo. .5o@soOo;
mess ordinary At s28.00@2s.50; lard at 1890
1Gc, with summer steamed lots at 151zOl5t5c
bulK shoulders at 111{@12c; bulk sho-t ribs
ut 15A@1514c; sweet picked hams At 15it:@
17c; Greases at 73z@l9c; and city tallow At
alGc, Bacon quoted at 131.@1315c for shoul-
dera; 1G14@1Gs1c for clear ribs and 171zc for
clear eides.
Flour was again active, and m advance Of
12@l5c per brl was effected on choice grades
Of winter and spring extras, under the receipt
OF adviceB from New York that all desirable
lots OF -four arc being oaGerly picked up tl1are
for export. Spring anpertines arc III light
stock, and some dealers are unable to fill or
at $3.50 for white winters; S4.50@5.50 for
spring cxtrnB and a4.0004,95 for unsound
grades. The following transactions were re-
ported: White Winter Exttas-100 brlB 'sNaah-
vile City at 575D; 80 brls 4tpca1l' (St. Louis)
at so. Spring Extras, 00brlv, brands given,
Crescent" at $3.50; 100brls "Falcon" at $500;
100 brls Is Vaughan 1 3lerrick's" ut $500; 100
br1s :. Hgh Ground" at $500; 100 brls " West
Side" ut $500; 80 brls " Wabash" 1t $500:
100 brls i" Minnesota Belle at $50; 800 brls
Union Star" at 800; 500 brla Minnesota
1Go brls "SIay, syne l. Co." at s4.s5; 800
brls "Ford's" at $4.75; 500 brls, brands not
given, on private terms 300 brls not named
at sd.50. Unsound, Spring Extras-1oO hrls
not named at SS4-35 100 brls do at 9l.25; 200
brls do at S4.00. Total, 1000 brls.
Wheat Was moderately active, and So higher
than the average Of Saturdays Change prices,
ruling also quite steady. The news received
here On Saturday afternoon, to the effect that
the export demand in New York, both for
whent and -four, is urgent and increasing, was
repeated to-day, il not confirmed, added to
minent between Russia and some other great
powers. THIS being expected to cut on the
Great Britain, stimulated speculation both
here and in Milwaukee. Our market
coon advanced to s1,08 seller last half Of the
present month; then subsided, and opened on
Change at .054 cash: improved to 81 .O514;
and closed easier at @1.05. The inquiry was
principally speculative, and for the last half,
though tho lower grades we're in good shipping
demand at prices which showed correspond
ing advance with No.2. The speculative grade
is now moving out more freely, and probably
would have been in good demand to-day but
caused an advance in freight raics* At the
same timo it should be noted that shipping
wheat is hazardous proceeding. the price
having been run up here to much higher
figure than it will pay to send it to Now York.
and only those who have full faith that Chicago
will E1ing New York upwards have courage to
attack it. But even they could make more
money by operating with their capital in Chi
cago, carving the property on the tremendous
margin allowed between seller the month aud
seller last half. Hence there is little ehcour-
agement to ship. Cash sales to-day were re-
ported Of 1,GoO bu No. l spring at S1.12; $500
bn do at Sill; 3,400 bu do ut a1.10; 14,600
bu No. spring at 51-07111; 2,400 bu do at
e1.O7A; 2,i0O bu do at Sl.O7; $4,000 bu do
(regular) at 81 .0555+; As, 900 bu do at q 051 !;
Is, 600 bu do at s1.051 $751; 900 bu do at 81. .05 ;
$4,000 bn do at a1.0i55i; $500 bu No. 3 spring
1T size; 23, 200 bu do at 01c; 1000 bu do at
cGc; 5000 bu do at o5c; 28,S0o bu rejected
spring al s6c; 3,G00 bu do at 35111c; 5000 bu
do at 85114c; $500 bu do at s5c; / 600 bu do
at Sic: 1000 bu no grade at tic: 2,509 bu do
at Zoe, 40U bu do at &c; 400 bu Minnesota, by
aamplc, at S1.14. Total, 305,000 bu Seller
last half sold at 9l.oGsI I@l.05; seller the
month at sl0455l@1. .05Ssll, and seller July at
$1.10.
Com was dull, at 11c advance, and weak.
| Tho improvement in wheat geut the market up
early, especially as there we're several country
| orders in to buy, but these were soon filled,
! and then local operators held aloof, claiming
that they couldsee no profit in buying ut pres:
| ent quotations The market for No. Z opaned
at $500, improved to SEC, and closed at 651tlc
rejected closed at 781l G0Ts11c. Sales were
G,eO0 bu No. 2 at 8619c; q, 800 bn do at 86}{c
| 41,40O bu do at 66c 1900 bu do ut 85s4c
Gr,000 bu do ct 8511zc; $500 bu d., nearly yc!
1 loH, ct go atoat; 100 bu do Z. &c, &1aa .: