, 1872-11-09

Aldu1nga ........-....... Il 81 Gel6 %
| Wheat was moderately active, in speculative
way, and averaged B@31c higher; though Lily
| erpool was quoted lower, and New York dull and
| heavy, while there was no shipping demand Of
any consequence, as the railroads are loaded
down with orders to their utmost capacity, and
| it Is doubted it grain now shipped from this
point can be sent over the Erie Canal this year.
But our market is stubborn one, lately snd
the more people operate for q drop, the more it
don't alnk, for the simple reason that 8 decline
numerous orders from the country, as well as in
ducing privileges On the part Of: local specula-
tors, Of whom there generally plenty who are
glad to fill in when the market turns slightly in
their favor. There Vas . little buying, in named
elevators, for the purpose Of filing out cargoes.
We note that the pressure for December
diminished from 10 at the opening to about 70
near the close, the demand for next
month mont being relatively Less ., than
navsaesa IS s'sr @ Ses SPfo:s o q
proved to 31.0515, and closed at 31.054. Seller
the month sold at s1.04S@1 054, closing at
$1:o42s, and seller the year at about the same.
Seller January sold at S1.07. No. spring
93c; and rejected do at SIC. Cash sales we're re-
ported OF $500 bu No. spring at 91.16; $500
bu No. spring at s1.o514; 27.8o0 bu do at
s1.05A 20, coo bu do at sl.05 !; 5000 bu do at
$1.o4Y; 800 bu do No; spring at s315c;
jected spring at S3c; 1880 bn do at 8216c; $500
bu do at 82c Total, 94,00Obu.
Corn was active and steady, averaging Hc
higher than yesterday, though liverpool was Sd
Inactive and heavy. Liverpool was early ru-
mored to be I'D higher, but this was soon ascer-
tanned to be erroneous. The fact Of Light re-
ceips brought out good demand from the
short interest, while the shippers took hold more
The fact is that our recent low prices are at
last telling on our receipts; and no wonder,
for the farmers have found that they can make
as much or more by hauling ties for the rail
say nothing Of the cost Of raising the grain, and
| It may be, too, that the prevalence Of
the horse-dlsease has something to do with
our diminished receipts. The consequence
| must be higher prices, even if there should be
no extra shipping demand and especially so it
it shall be found that our stocks in store are
| considerably smaller than has been reported.
Seller the month opened at Sic, and closed at
S11c. Seller December: sold at 30I@s115c,
closing at 3lc. Buyer the month sold at 3154@
SIC. Strictly fresh receipts closed at s1Hc.
Rejected was in good demand. Cash sales were
reported OF 5000 bu No. at 1880 g. 400 bu do
at 81 c 2s6, 800 bu do at 3171c; 55, 600 bu do at
2s15c; $500 bu do at csc; 400 bu ears, BY
sample, at SOC, on track. Total. 390, 600 bu.
Oats were in moderate demand, principally for
fresh receipts, and the current arrivals Of car
AOlS H6lG I'LL NiulQRlY LhheQ+ 4ue IlAIAeI Hda
steady ut about yesterdays quotations. There
was not much doing in options direct; but con-
siderable in the way of settling, and changing
round from this month into next, the difference
paid averaging about lc: Seller the month sold
at 201s@20S1c; seller December at 21aG@22c,
and seler January at 221Gc, all closing with
holders at the highest figure named. Strictly
fresh receipts sold at 21c. Cash sales were re-
ported Of s., 400 bu No. at 21c; 5000 bu do ut
18c; 500 bu do at 17115c; 600 bu by sample at 24c
ont rack. Total, ~, 600 bu.
Rye was quiet and steady at the recent reduc-
tion in price, Sales were reported Of $500 bu No.
2 at 53c, and the market closed with Sc bid.
Rejected is practically of the market.
Barley WAS rather less active at about the
game prices as yesterday's; the shipping de-
mand having fallen off in about the same pro-
portion as the offerings: Ne sold at eg@eo1zo
month. No. 5 gold at 5o@50Ec in ordinary
houses, and rejected in do at SIC, all closing dull
Cash sales were reported Of LOGO bn No: 2 at
SIC; ~ 800 bu do st 6o%c; 500 bu do At 6oxc
400 bu do at Sic; $500 bu do at 5011c; 1900 bu
do at Soc; z,400 bu rejected at 3715 $500 bu do
at SIC; 400 bu do at 36c; 300 bu by sample ct 70c
on track; 400 bu do'at 6sc; 400 bu do at Csc;
4oo bu do at 62o: 400 bu do at &c. Total, 44,-
400 bu.
The St. Louis Democrat says:
1t cained by the adherents Of "high wheat that
the European demand for breadsuHs Of all kinds viii
Ions Want the cheapest bread thoy can get. People
who do not get bit Of meat oftCner than
once week. because they aEe too poor to purchase It.
SO barrel when they can get good sweet cornmeal
at third Of the money. The people Of Europe have
learned that American maize. ground into meal makes
palatable, hearty wholesome and very cheap bread
and they are ordefing it u vastly Juan
store store IN London ssoss quarters Of corn, against
for the date OF the year
14rr nY0rn mt nj Jrhp nf II
while present figures prevail she will buy her wheat
Of France, Russia, and Hungary. and her corn Of
at present figures, expecting that the market there
may advance, has already been proven. very poor
unusual number Of cargoes Of wheat aaoat for
British ports than they induce advance in the Bank
of England rate Of interest," and by the time the car-
goes arrive money Is dear and scarce and wheat cor
respondingly depressed and abundant. John Bull has
played It upon his American cousin in precisely this
many an American shipper has learned to his cost.
The following may properly be inferred First,
that s M hsys Thea IN the county @ now ta we
is also much larger; third that Great Britain will buy
grain of ue I'd lilttun4, and wheat when the priee
IL held in this country throughout the winter fifth,
that corn will much more enter into home consnnp~
ese Of the vii s9dden Be d
covered that wheat is in excessive supply, and the
attempt to rush it into market may cause decline as
much too low the present price is too high It Will
be well for grain operators to study all Of these
things.
LATEST.
In the afternoon, wheat an corn. we're both
frmer, the former being quoted active. Wheat
closed at 81 .06h seller the month, or cash, and
SI,D6LfDl .O6& seller December: Corn closed
at 3155@315c seller the month, and 3114@3lsSo
seller December. Freights and provisions we're
inactive.
CHICAGO DAILY MARKET.
FRIDAY EVENING, Nov. 8.
ALCOHOI--Was In fair request and quotable ut
$.80@185 for 81 per cent proof.
BROOM CORN-There was Improvement in the
demsnd. Stocks large and accumulating We
continue to quotes $4,000 per ton for common $1,000
for fair; 5100.0o@120.00 for choice; and S1400D@
10000 for choice hurl. Sales include bales at &c
per TO-
BEANS-Are abundant; but in the absence Of any
demand prices are weak and unsettled. We quote:
Prime nayies $935@250; fair to medium, $4,000
common, $125@175. Sales comprise 20 sacks choice
medium at $200 Is sacks fair at 91.75; 20 sacks do at
$1.65.
BUTTER-There was only slight change in this
market. Shippers continue to oper2te on limited
difcutv rettinp the EhfpDed to the