, 1870-01-15

rar1s TIE market On the Open Board WEE htronS
al 7eH9,7Kc, with large Transactions ut tha on
see; II declined On the receipt Of Liverpool ad.
vices, snd opened on Change At 16kc, beiLg Ho
ttgz er than at the clote yesterday, weakened
slightly WIEN the New YORK rtssuo came IT, but
dia 70: 30 quotablY lower, and closed 1ruc1 1t
&c The fact that the mat1et ruled steady uuder
thee thcouEaeementa may be accepted Al an tn.
| d:cA,iol ct u degree OF nfmness, which would
produce an advance sbbrp enough to shake the
Ebert interest terribly, II there should
b. a sudden 11:e in gold, or Ia the
Liverpool quotation. 1t Iuay be said that
the latter Ia Lot kely to occur at present. e the
Britlsh rrarat1es arc pTeEhow1pg, and more Is on
tie WsJ. But there are tnose who remember tpat
7IhillpRR AID pence per 100 tbs Ia exceedingly
low IN Liverpool, and that minimum pnces en-.
ctursge tprcunton. There ID no reason what
ever uby wheat should not decline SC from pres
tns rr'ces IN thl1 market, any more than there
WA sgstnst its gong below dollar. The excess
Ct supply over demand may csrty It down to any
toiLt short Of that at which capi' alBts would buy
TO Eoid cret fcr next year, satisfied taat the
farm ers are TOO much discouraged to ar:empt
Ihea:.ggowEG beyoDd what u needed for
hone use. just where this point IL, no
cLe can de1Le, as the limitation would
be nzed on tho irstaDt; 1t msJ never pe
reachtd, and It Is equally true that Buch n move.
nCtt might begin At any nomcot, aud produce
revo:ruon In prices which would pe big re-
boubd 5rom cur locg continued depression. SAlea
to-saJ were: 1900 bu No. l. spHng 1t sl4c. 100
bu DO a. Sic; ,0oo bu No. spE1ng at TIC; 900
tn do II it5<c; t,s0o bn do at 7tHc: 1.aoo bu No.
sspslng at &C: a4oo pu do at CSC; 1900 ou do 1t
G7kc, $500 tu do .. e7Sc; 1000 ou rejected
tpr,LR At 6ec; 1000 bn do At &c; 1900 bu DO II
tsc- Total 1s2 500 bn- Seller February sold At
T74@774c. Seller the month the Fame AZ casb.
Cern WAs quiet 4ni unchanged, the inquiry be-
ing very Tight while the lecetpts and the stocks IN
the bapcs ct holders are snail enough to enable
them 10 avoid tnrosipg their property on the
ussltt for Whit II VII! fetch. The marie. opened
At 70c, aEd closed steadJ At 6sHc- Sales we're
made Of 1900 hu No. 3 n 72c; l9oD0 bu DO at
11kc: $500 hu do At tic; 81 600 ou do nj soo; 5000
bn 90 at e9Hc; 400 bu rejected II 69t; go ou
grade at $751; 200 hu do 3: sc; 100 bu DO Il bsHc
$500 bu do At SCI 100 bu do at Sc; 40 bu 1t
CSC. Total, Il, aoo hu. Seller Februa1J and seller
Jatu1rJ aoit at the Rame price as rtzular-Gax0
s0c.
oaa were veal, In sympathy wits the decune
In New York, and ruled hc loHert bus closed
stesdy Al s2Ac, Lo.WttnstaudIng tue depressing
character Of the llte1: Eastern adslces- Bs.es
were o1ted OF 45o bu It 900 ou At so.sc:
800 bu BY tamrle at s1Hc; a,soo hu rejected AZ
sAHc; $50 ou ro grade 1t &c. To:si, 1850 ba.
Seller February sold 1t 3s1t@s9c.
RJe NM inactive. No. WIS uoutaauy 1c
Barley WAS quiet AID uncnargtd. No. 2 IL NOM
lLal At eos6sc IN NortaWesfesn, tud s+<e7cc IN
Other nouAeA- No. At 4sts &c Sales were; +e1
tn Canada NJ 81 20; 600 oo do Of 1Ll5; 1900 b1
DO ss 3l-aa; 1.6co bu oy sample II s3c: 800 oo do
4sc; $500 bu rejected II tuAc- Tosa., 1900 bu.
secds we're Quit Small s,les were made Of
cicver at t7.75: and timothy At Is sN9aso.
TIE prupoaal 70 eltshll.h = clearing house for
Rra1b receipts IL dal , received with more and
Z ore fsvor BY the grain operators Of tnis c ~.
They set n The proposed ueasure neans Of doing
2ssJ With many LITTLE and big uuplcaaaarne,ses,
AID they ISL 10 sec tnas the objections urged In
kone Gua1terA arc hall SO foTcple ID the shape OF
ArguHeEis contra, as tne circumstances which csli
10 .oudl, en the tru tide oI the qoestfor. The OBJ
iectit nj That the aty has done ~e!l epougu IN snc
past without It would have oesn equally forcinle
sg1tts1 the erection Of IN hddl&loa to tue Court
HouEe; the ciAtm that sysEeN OF TegtsuAs17n IS
unI eoetta1y 10 p1esent toig gerry, as only t~o cases
have teen detected In tue psst, u Just about Is
sald IA the statement would be thnt because the
boy has only worn holta in hts o;eechts
pockets twice, that, theref,re, the Juveniles
clothes viii do Tor him to wear after he
Las attained to mans estate. The objection
.hsr tne registration OF esatu receipts woald IN
volvt endless trouble, onRht rot TO be urg+d By
tAose VEo krow how easy It Is to rcsls1cs and
keep track Of national bonds, and those VINO cry
out aEn.rst the tlegallty Of relcs!cg to deliver
TtAln Oh the preseLtAon Of utleRtsrered ceocipts,
cal Eulrl9 have sca1cely taken the rpoble to IN.
toim Shenkelyes as 10 tue liability cf banker
~lo 1e.rses to pay check E!thoat iadirtcusl
Identification.
IL Woaia rot be fa.r 70 charge That the cppo.
neL's Of tie plan arc Interested II tbs coudnu.
arce Of the present ioose sJrtem Of doug Things
We believe tnas our grain waEeho1semcn are
above suspicion, ~ cla.s, and are equally tuter
cited With tae putl1c In g.E1.g an oppsrtunlsy to
al 10 see that their h4nda arc cean. Tae oppoA1-
ton which the movement encounters In toue
qIaIers, appears to Us to artse prnc'psf from tho
irdepeI deIce htch mates The American cls,1e7
u1x.ElrR 70 1ecm TO re d,cta,ed 10 IN tic man
segment Of hla oEu huatneA4 Tue idea that the
| werettu emen could not suggest 4 plan which
| xon,d tscutzte the business OF other prop.e
! without Impeding tht o~u. Is Aaeef Iot1ots-.
thcrtnn u b} no means improbable that any