, 1870-07-08
on corn. Through rates to New York are 20

at inside p,lces: Closing quotations for casi
lots are as follows: Meas pork, 729. .2598.N
summer, and 1522lc for winter-rendered lots
bulk shoulders, l15sla912c: summer lots 10
1114c; do Cumberland, lssSa1311Gc; do roug1
sides, 15c do shcrs ribs, 15@1514c; Sum
mer lots do held at 14:4c: do short clear, 49,;
@159ic; bacon shoulders, 13ll4@l315c, packed
do clear rib, 16c; do clear aides, l7c; gresses
7z@l2c; tallow, 9@959c, outside for choice
Sales were: 200 brls mess pork at $3.50; Z:
tcs summer lard st 15Lc;. 100,co iha short
ribs at l5c loose; Is hhds clear rib bacon al
163sc; 20, 900 fbs summer cured short clear al
15c LIS, 900 Tbs city tallow On private terms.
lhe attention Of operators was principally en-
crossed BY discussion Of tho rules which arc
proposed for the government Of packers
A light demand existed for -four. The at
tendance of buyers was meagre, and prices
were almost nominal. Sales embrace the fol-
lowing: White Winter E1traB-850 brls,
brands given, on private Terms. Spring E1-
tras-2'W brls !" Star and Crescent at 5000 J;
1oO brls not named at $500; 100 brls do at
s5.75, 90 brla do at 65.1o !; $50 brls do on pr
rato te1Ma. Spring Superdnes-l00 b1la not
named at 9A-00. Total, 1900 bris.
Wheat was moderately active, and &c
lower, selling, during. the greater part Of the
session. at the iuaiao prices OF yesterday.
This edyices from tho other aide of the ATTAIN
tic were quite discou1sging to holders, willie
New York YVES quoted lower Oh all but choice,
and oven the favored "aIilHankee" was re-
ported as offered nj 51.25 per bu. Bat our
receipts were lighter, and tho early weakness
brought out moderate demand, chiefly from
the short interest, which, however, was to q
ported this morning we're nearly double the
receipts, though not large, and everything
babe fair for satisfactory forward movement,
but this heavy drop III New York may put
another check npon it. There certainly ia no
encouragement to operate at present. The
1.0355 for regular caah lots. On Change It
opened nj S1.0s u, declined to 51.Q21%, and
closed better at sl.O31s. Seller last half sold
on Change at 51.041{@1 05H, closing at
s1.05}1. Seller August sold at 16s11z. There
was moderate demand for the lower grades,
and for No. spring cash sales we're reported
Of 4,soo bu No: spring at sl.12; 4,4oo bu do
ut S1.101S; $500 bn No. Q spring (strictly
fresh) at $1.05 800 bu do at 81. .041; 10000
bu do at 5t.H; 5000 bn do (regular) at
51.091z; $1,000 bu do at 91.o31f; 800 bi do
at S1.0a; $1,000 bn do at 31-027{; IS, 400 bu
bu do at 9ic;; 10000 bu do 1t 93c; $500 bu
DO at 921izc; 400 bu at 921{c; COCO bu do at
0ec; 5000 bu rejected spring at 821Lc: Il 200
bu DO at 82c; 900 bu do at 8i11c; 1900 bu do
at 8ic: 400 bn no grado at 72c; 800 bu do at
tuc lotal, 1l4, 2uO Gu-
Corn was irregular and weak, but averaged
4@14c better than yesterday. Tho market
opened strong early at 8s15c for regular lots,
under receipt Of advices that corn il sca1re md
firm On the seaboard- But there were not
many buyers at the advance, and When It was
found that our receipts exceeded expectation.
and the weather Was cool and damp, tho mar
some time, and closed easier at 82ll{c. The
shipping dernand was only moderate. Seller
last lall sold at e3@sac, closing 1t s3@83Ilc.
Seller August sold At 841G@85c. Rejected WAS
firm, and in good request, but closed easy At
l5e4c. Caah sales were II, 500 bu No. at
ss1zc; 1000 bu do at esNc 10000 bu do at
s514c; IL, 900 Lu do ut 81 13c 200 bu rejected
at 761111c L, 900 bu do at 7Gc; 1850 bu do ct
75ko; 500 bn no grade ut TIC Total,
100000 bu.
Oats were quiet and dull at yesterdays
prices, opening with sellers at 481Sc, decGn-
ing to 4Sc, and closing dull at 47ss4@45c, New
stocks are too large to allow Of great hrmnoss
here on that account, especially as there Is no
chipping movement. Seller last half sold ut
1884 4@491c, closing at the inside. Seller
August sold at 4G14@47c; and bnyor the
month ut 49ss41@50e. Cash sales were: 600 bu,
f1esh receipts, N w At sic; 1s,2oo bu Do
4s1fc; s, ,0o0 bu do at 4s99c: Ii 500 bu at 4sAc;
1900 bu do at 4sc; COO bu rejected at I2c.
Rye vas quiet and unchanged, with few
buyers OF strictly fresh No. : at 79c, and
holders generally asking e0c. Sales we're: 500
bn No; : "a At SOC; soo bq at 79.@s; 800 bn do at
jected ut 7ac; 400 bu do at 72c, Total, $500 bu.
Ba1ley was unchanged. There IL no life in
tue market, and quotations arc little better
Than nominal for some months pnst. No. is
quoted st 90c, and rejected ut 45@47c. Sales
were: 500 bu No. at 54c; 500 bu by sample
Tue proposed rules for tho government Of
the provision packers were extensively can
Eassed today, and great deal OF opposition
Nas developed. The most arhitrAry feature is
that which proposes TO "Eead 1nsu out Of
tue party" who does not conform 10 The
rules: This is, perhaps, going too far: II
man buys hogs with his own money, and packs
them on Lis own premises, lie surely has
right TO put the product into what form lie
Flc1Bee, and to sell 1t on its merita, Just III the
owner Of grain has a right to sell it by sample,
instead Of having it graded: The aim Of tho
rnles should be only to determine what is
:. regular for delivery on contracts, Just as
wheat Which shall he delivered whcreno partic-
n1ar quality is specified, and tho rate Of inter
est where no rate is specifically mentioned. 1t
il not well to try to govern too much, though
In packing products Il mucA to be
desired. ....
There Is a.so 3 great difference Of opinion
relative to the atlvisability Of adopting rules
for the increase in weight Of pork in barrels.
AL oslr oldest and best packers arc understood
to defend this rule, Ginning that pork prop
erly put up and stored will di,oays gain at least
the overweights specified in tile rule. Some
dealerr, on the other hand, profess to be afraid
that il they should buy pork up to tie average
standard it might fall below it = month after
wards, in which case they could not eel it
or co,,rse tho rules to be adopted should be
such as that all can wors under them harrno-
riously; but that some rules arc wanted none
Will deny who Aavo watched tho course oil the
provision market during iow years past. Up
to last winter very few complaints were ever
made to the weight OF mess pork, and Cai-
eago brands we're Ike gold in every market i'll
which they we're offered They GUT 10 bo so
now. They Will not be 80 regarded
next winter unleeH buyers IN distant markets
can have some guarantee that tho irregulnri-
ties Of the last packing scasou will not be re-
peatel. ..........