, 1870-10-24

ago by the private dispatches sent to fe~
operators. Sew York VAS also quoted bet-
This helped holders to exhibit moderate de-
gree Of firmneHe. though the demand was not
large. except for November, for which there
were seyeral country o1isrs, attracted by tbs
recent drop. The shipping demand wss :
quiet one, A. ls usual on Saturday, Int the
readily, especially on the low grades. for which
there was a good demand. On the Open Board.
seller November sold 1t sl-0i@1.06. On 4
Z hanEe. 1t opened at a1.959;;, dropped to 4
Il o., advanced to 2l.0G, and closed steady ut
al.C5. Seller the month was quiet 1t le below
Cash No. spring closed u slod; !, No
spring at s1.0I1{@l.04}1; No. 8 spring at
9sc; and rejected spring At s2@93c. |
Cash salea we're reported Of s. 100 bu 10.
spnng 1t s1.oG51; 1900 bu do at Sl.OG 200
81 Ss g.SS !. de saS ieS ESQ ha IN Dc Do Il
sl,0i1. 1900 bu DO at S1.0Isii 1900 bu
DO ii sl.os5;; q, 600 bu do At S10a31{ o.A10 |
hu DO Ut S1.M 1000 bu do at 92c; Il, 500 bu |
No. 3 spring at 7l.00: $500 bu do 1t 99c 500 |
bu old do at Sc; 5000 bu old at 65c: ZOO bit |
,eejee,ed spring At 9sc; 400 bu % It @s; LOO
LOCO bu do at 76c; 800 bu no grade |
Al 7oc; sou Lu DO at Csc; 400 bu white winter, |
by sample, at s1.i5. Total, l95 ,0O0 bu. Tie !
above GALES show that Nc. l spring is ralA.
lively better, selling 1!xc Above the pr,cs Of
Nc. 2. Il is now held OF tho market, to
arc waiting for a wider difference than at |
preeeDt exists Tue lowest avesaGeof former
aeaepEs has been Abo1t Sc, and the general
average is 10c moro for Nc. l than for No. 9.
Corn averaged shade better than yester-
dss, and was moderately scsive, though in 40
irregular WY. Tho Ehott interest filled in
rather freely for November. Seller this month
MAS almost unsalab1e during great part Of
the session, the shorts seeming to be about NIL
dilGb, which tended still further to reduce the
difference between the two options. and c1ased
many to. think that November will take the
There was moderate activity in cash lots (as
it sccned1. OWING to = fair shipping demand.
hut it ie difficult 10 understand how shipments
can be carried on freely when New York is
quoted inactive and heAvy, and private adrices
are to the effect that corn h almost unsalA-
general p1evasenee Of an expectation that the
receipts Of the new crop will force prices
down to eren a much lower price than that
now ruling. On the Open Board eelleE No
yeuber sold At 54sA@55e- On 'Chsn8s II
opened as Sc, fell to Sc, and closed dull at
price for November, closing 1t 54Ac. Cash
No. closed at 5i9{c, and rejected 1t 501I@
Sic. Cash ea1es were reported Of 800 bn NO.
at Sc; &c 800 hu do At 55Hc; 81, 900 bu
do at 5513o; $1,000 bu do at $50; $4,000 bu
do at 6As11e; 5000 bn Do At 64he: 500 hn Ee-
1o ut 50LSc; $500 bu do At 5oc; . 900 bu do
k,1n-dricd ut Soc; 6.0o0 bu new, no grade, 1t
40c: 400 bu do At 38c; 400 bu ears 1t 40c-
Total, 155,6o0 bn--
Onts were firm At 10 advance, With good
dsmapd. owing to reported Improvement in
the tone OF the New York market, but were
comparatively quiet, as offerings were light,
owing partially to the Light receipts, and psr-
t,ally to the fact that oTnels Of store lots held
! their property Oh tho market, pricea ranged
| 70, seller tho month; 2511c for fre.h rec-ipts.
| ,nd 151s4{ t73Gc for November, closing eteldy.
| S,l:s we're: 4 800 bu st 35ssic: $500 bu 1t
| 3s1:c. 400 bu al 351{c; 1900 hu at 35c ;;
5.tt0 in ut 34s5c; Ism ba tci-ctcd at size :;
5000 hn 90 .! Sic; 2,aUo bu do At 9asa{{c.
! Tutel, 81, ,b0o bu-
Rye was moderately active, and ,.t higher
Gu No. g. With III advance Of 1c on other
| grades. No. closed firm 1t 6Sc. Sales were
1 iiO bu No. n 69c 5000 bu No. at 69t4c
5000 bu do ~ Csc 500 bu do At 6S5sc. To-
al. 1890 bu. &c WAS asked for re-
jtcted-
Barley WAS again weak tnd lower the mar
sst being depressed further By repeated
rports OF heariness in New York. Tho mar
ket orentd 1t s6@87o for No. 2, and size for
do seller November. and closed dull At 83@Sic
fer No. 2; BIC for do ae1]er November 6563
6Sc for No 5, and 40@47c for rejected. Cash
sales ~ wers r. Terorted M Of g., 4oo e. bp No
1t Sic; 400 In do At a6c; 1000 bu do 81
s5ke; 10000 I'D do 1t s5c; 12;eoo bu do :,
6l1tc; 6.400 bu do ut Sic; 5000 bu do \,
es,sc 1900 bu do st 63}4c; 5000 bu do =,
s;;c; 5000 bn No. . 1t Csc; 1850 bu do u
sc: zoo bu do Il SC; 500 In do At Sc: so(
In do at Soc; 400 bu do At &c. Total, Is,
$40 ll1.
| No: 2 Hpring vheat, at tho Afternoon
| Board, was en1v fairly active, tho 1uNke
closing at s1.03ss3 seller the unnth II 04ssj
s.ller November, and sl.o61{ seller last half
M. . corn closed at Sc seller October, nni
l.re1fas. Provisions ruled dull. Mess pork
seller December was offered At go IS. will
buyers At s20.50. Lake fteights we're uun1cn
toned.
Is It not about time that the quotations q
S'sin in New FORK were revised !: Oar Chicagt
No. ep1ing y selling l@2c peE bu higher Of
tho seaeol1d than the same grade Of tilxau
kee get The contrary is still reported. Il
seems that the operators In New York have
got into thu habit Of calling all the best whca
: Milwaukee" without asking where it comet
! from.
Ne admit that thers vas sous reason fos
'h:s previous to last April. Our Inspection
Of the past year or two Was like the foreheA1s
of ncme people Shakespeare tells shout
slllainonsly low" Bat the inspection Il
nov raised to respectabi1ity, even 1t the sisl
e much fault-tinding On the pa1t Of receiver.
Of grain from the country.
The Boston Commercial Bunctin haa Ions
ssttele, in recent issue, which has beer
rather widely copied, charging our grain IN
>ptctors, and cur Chicago ni1ten. With fraud
OF which they bare not been guilty The
w1iter Of that article seems to haTu written il
urder the supposition that because tie ware
thai therefore anything that rnay be chargea
agailst our dealars IN breadstu1s viii be
readily believed. It claims thxt;
There . undouoted aash4nty for the state
ase and danpne>e, and nearly auofaer tnird Ii o.
] Iatr tve'aae quality, hut of last years growth
b.oass e.s e ST. 49, .os a a s
damaged stun II psoas. Taere aas been i
sfnss @1as e ssppns psF ~ ~ n 1aSss s In us s'1
utterly impossible to purchase clean article. n.
lie! x1asn Inspector OF tnat cs'y has numsrou:
tases M band Of coaustan with bis subord!n8tes
and the directors OF tne corn eIcnange AT bese
/ Atese-y point for assistance or pEo:ec1l7n. Seve
-. aIeMnfs hsve been made, by pasHes IL 1hi
enop Ns,n direct from the nos1n-xest, Iii nil
lut on - reaching Chicago i Is invaltshly stop
peo. sleS Akoted 40 fnl4es hefote being sent for
| petd-thus enabling holders Ct old wheat there tt
gradually run on the nnsnartetsble stocks-'
There WA no reAl authority for any sue.
statenent Ne have very Little old wtea,
here. atd none Of It Is rotten, while, whatever
ns ecnSition, it ie sold - damaged G!ain- tht
s'lea Of grain IN this market being Ill OF th.
! nav crop, unlesa otherwise expressly stated
! Except coEn), There Is no such thing "a nix
lnG thr new with the old. and the ChleT IL
sspectoz has not kingle case on hand Of n
I Iced FY1Efnv nm b. s,fk k..
Easee. Some time ainco tho order WIS issued
ttat where old and new grain we're mixed to-
Eethez IN coneignmcnts 70 this city, it should
Ill 1e graded - old, and this ru1e being
.iEnsoosly Applied, stop WAS soon pm
few country shippers And, lastly, e1ail
consigned through Chicago ia not inyariahly Of
otherwise stopfed and mixed. though We Nd
init that the thing has been done with gza,r
eonsiEoed to Chicago fn times past The
these Nboles sale assertions, and shows, eithel
that the writer was wholly ignorant Of tht
real facsstn the case, or else be has wilfull,
csssytd TO ruin the reputation OF Chicago deal
ere. We believe our present inspection sys
TEN to be N hopest one, though tbs ware
housemen hare thrown erafy possible difhcul
ty IL the wsy Of catrtirg it ont. The Boar
I Of 1Eade Inspectors determine the quality o1
J the grain 20 well that their inspection carti6
catts ne now valued Liehly in New York. sns
gain can be sold under those certiic lies =
e res bn higher than grain cl.iming to be o
The tame Rr4de, but without their certificate
We believe it would be only instine to th
~a1ehousemen to abolish the inspection sys
! ten under covar Of which they have mad
srch Immense PROFITS In times past. but th
, | opportunities Of doing thxt ara copsiderabl
+ | narrowed down now.
: Again: Thu b11etsn tirsdea Searfuuy abor
The inPoss5bilisy Of getting good -four fro.
J Chicago. Tbs TACT is, Il is almost impossSbl
| to Eel good Arur in thia ruarkek tn EsstkI