, 1870-08-22

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The following we're ne closing rr.eess;; ,s-
7.u., s. extzs *. ;s = 4 's:e Is IL. IL: !: i IS;
ss Ss!s. s. s. f.: =: ssxs - - =: =: $ e
HI HssivS = ii s -: - .'"s : ID -: -: Is IS
!saSs"@*s: Fs;s '.......:.: :. so -; tS &,
T ihs following grain H. been received up 10
10 o'clock this morning: e11 cans Wheat:
r.;1: cars, and 800 ID corn; 134 cara. and
7..aa hu oa.s: . cars rse; S0.i cars barley.
Total. {57a car-) 265. COO hu.
s,tae hu wheat; a,l3a bu corn; 1868 bu oats;
1872 In re.
There was large attendance on Change
te-dsy, and a modr1at activity in the leaaing
nsrEets. considering the depressing influences
.: work for long time past. With stea1y
be expected TO take bold very largely. and. in.
| deed. it IL surprising that they hare operated
| 30 extensively Is tic posted figures show
| them 10 have done. The great bulk OF the
transactions il speculative, and It IL notable
that there are very few who seem to hare 20
tell defined an idea Of the future As t9 o?ef.
! SIC oa calculation 81 the chanees. Mosi OF
! s1.f n are ''going it bllnl," rather from the
sEccr frrce ot i:abi. than otherwise, aol ap-
re AZ to be eq1a1!y willing to buy or -e1l. dol 4
! f4,.h n the insriration Of the noment- The
eourse of the lesuiug markets to-day VIZ
ssain downward.
! Tic Cause of the extreme depression ap-
4 t<1 ~4n11s
rari.cn With the effects produced. True, the
Speculative advance which et:sued On the first
! srx1k OF wxr Was much greater than warrant
Cd by the situation, tut I'll the advantage thus
gained h.s b. en- mere than Lost, while it il
csItaln that, il tt1t war =lsould end to-day. tbs
! production Of the beiligerenlA would be fanud
to have decreased. aud their CONSUMPTION
augmented, ty the acts OF the past The ra-
:; arti4 has been equally disproportionste With
the original Action. and. one would think.
must be followed tr counter movement he.
fere long. though the certainty of full crops
will prevent ANYTHING likr high prices, ~ com
pared With those Ct the past two OF three
yesIr- .--,
The rrppositiou was male to-lav to declare
Ill old wheat irregular, and therefore uadt,
livclable on contract after September LIST
This Was not the lanEuage, bnt the intent Q;
the resolution. II whs unanimously tabled
with two or three proposed Amendments Tht
Board il not yet prepared to submit 10 de
criuinatiou against large quantities ct erz:E
Which they. as individuals. hare reesiyel =
regular, and want to be allie to get nd OF it il
lie same nay So far 4. tho cash value Of til.
OLD wheat is cc,se1ued. j. could ssarcslS s b.
affected By resolution. one Wy Or the OF. otheI e
but uany parties hay& already bought tue OH
to jcliser on september contracts. aud j
would se.reey e .5 te tosee then ss 1s,ss to Set n
b. new. at ! cost Of lie reT tu extra Th
effects Of tablips the resolution wets ~
parent in the counter movement o. tho Of
md The new directly af.erEasd
Old advanced l@3c per hu, ~h.ls new decl,ne
parel representing old wheat will be turas ;
over on The lst Of September. ard i well
be interesting TO know whether it vii au =
represented 6y E1ain on Tho day OF deliver
: The r1ice Of ,se1t months option decline
| sieibfy when il was found that the amour
deliverable will hr composed Of the aggregxs
OF Did and new. Many parties have been ou,,
ing Eccents in tho sole expectation that OIL
new will he regular clovon days hence. su
anticipated taa: that tset would Cause = larG