, 1872-11-25

! RI11PMES1s.
wbea, ssss1 sss1 19Isss 1sss
oia Gofn' h IN 5d3 l5 1924 1o9s
Barley, ba:: .15o,5ll a55,s5@ - ez,2l7
Pres Pressed hogs .......... - 213 $3.50; :.:::
Cattle, No......-......, 1850 6,156 III:
On Monday, at noon, the amended rules for
the packing and inspection Of provisions, which
we're posted month ago for the perusal OF
members Of the Board Of Trade, Will be submit
ted for adoption, amendment, or rejection.
Alexander Murison to-day submitted the fol
lowing proposed amendment to Section l, Of
Rule s, Of the Board Of Trade, which will be
acted upon after the usunl thirty days. proba-
ton:
Strife out the words tAll such security or nargiA
to be deposited with the Treasurer Of the associaon
unless Otherwise agreed upon By the parties" and H.
sert Az such security or margins to be deposited in
any National Bank that the deposor may elect pro-
prescribed to VT: said Bani shall issue certificate
for such deposits payable demand to the Joint
t o5 tas ef e t ~ ana ~ Afa a
the margin that such deposit has been made. It aa
ba the further duty Of the party making such deposits
Of notification within not exceeding hour from the
time such deposit was made"
The matter referred to in the above was dis
cuRsed extensively on Change to-day, and amid
cozr,iderable excitement. 1t is alleged that
when the money put up as margins by grain op-
orators is all deposited with one bank, it places
an undue power in the hands of the officers Of
that bank, which mag be used to the detriment
OF the men making those deposits. If the Off
GERS of such bank should take fancy to corner
one of the grain markets they would not only be
able to know the exact standing Of other opera
tors id regard to it, but could call margins On
the shorts, which, on being deposited with them,
could be used to still further initiate prices, and
make it necessary to deposit additional
margins, to be used in the same way. This is
the view taken by those who advocate o change
in the rules, and eome Of them claim that tho
recent course Of events justiGes them in de-
'manding change. Of course, many Of the
rumors that circulate on the floor are mere
nonsense: and the run1or that an officer of the
bank now designated as the margin repository
is the owner Of nearly I'll the wheat in this city
| may be without foundation, while it is equally
| possible that ho should own the wheat on his
| individual account, while the bank has nothing
| to do with the transaction. It is probable,
however, that some change will bo made in the
| rules, even if the above amendment be not
| adopted.
meeting Of the warehouse proprietors was
held this morning: at which the situation was
discussed rather freely; but the conclusions
the conclaye. As the greatest sufferer by the
Mum j. Scott failure, Mr.. George Armour,
occupied the post of honor, and had most to
say.
TIE MARKETS..
The leading produce markets were slow to-
day, ard several were dull and easier. in the
absence Of anything like an active demand,
! while receipts were larger than the usual aver
age. The shipping movement WAS quiet.
Few changes we're noticeable in the grocery mar
ket. Business continues slack, and quiet,
easy feeling prevails. Coffees are still held
with show Of f1nncss, but for most other
goods there is q disposition to concedo little
On anything like fair orders. STOCKS are ample.
Dry goods we're quiet. with little or no variation
in prices, the prevalent feeling being one Of
frmness. In the butter market there was o
slightly increased inquiry for tho different
grades, and the quoted prices we're very gen.
orally sustained. Cheese remains inactive, and
tile market is not firm ut present prices Coal
was reported in good demand, and the market
was strong at former quotations, or at S11 00@
200 for LackaTanna; a at IL s1Q.5o@1a;@ ;[;!,
mneton. 6en Erie rs q1a st met 500 with for onlv %?
limited inquiry. but, With no surplus stock on
hand, dealers remain firm in their views. Dried
fruits were moving on a moro liberal scale,
without change in prices. The hay trade: vas
again dull, the demand being almost wholly of q
local character, but tue light arrivals induced 3
firm feeling, and the recent advance WIS thor
| oughly sustained. In the hide market no new
textures were noted. A small business was done
No changes were noted in the market
| for oils. paints, tobacco, and wood.
! The lumber trade was fair to-day: prices I'M
| dergoing 10 Important change Building me-
| terials were in rather better demand at former
prices. Cooperage was quiet lard tierces lower,
| and quotable at $1.70@1.60. Iron, STEEL tin,
| copper, ETC., continue to meet with fair de-
| mand for the season; prices ruling steady.
! Salt vas fairly active and firm There was
! very good demand for timothy seed. prices rang
ing higher. a3.05@3.l0 WAS paid for prime. and
@2.7o@3.oo for common to fair seed. Clover
was il some request at S505@5.15 for
prime. Hungarian sold at s0@65c. Potatoes
| we're in good demand and firm; car lots were
| scarce and quotable at G0@G5e on track. Wool
! WAS in fair demand and firm. Stocks are light.
but the receipts are increasing. Poultry was in
| liberal supply, but most of the offerings being
t IN poor condition. Enles were slow ct lower
fruits were in usual request. Apples we're in
fair demand, 1t S300@9.50. Cranberries wero in
moderate request, at 50 5o@11.0 90 for cultivated
| Grapes were quiet and unchanged.
Mghwines we're quiet and steady ct former quo
tations, though reported inacti7e in New York ut
inside prices. Sales we're: 200 brls at Soc Fer
gallon.
Lake freights were quiet, but quoted firmer.
Carriers were asking 1c advance or 13c on wheat,
and 12c corn, by sail, to Buffalo; while one
or two shippers were understood to bid 12 and
lie. One charter WAS reported at l014c for
barley to Buffalo, which, with one taken last
evening, will convey out II, 900 bu. Two pro-
pellers we're chartered to carry 1000 brls old
pork on through rate to New York.
Dressed hogs come in spariug.y as yet only
182 being reported for this morning. They arc
quoted On the street at $A.50@4.75 par 100 lbs
tor fair to good.
Provisions were moderately active, by COM
parison with past dulnesB, but really quiet for
| the season. Mess pork was in fair speculative
demand, but generally held higher on options,
| which buyers were not willing to concedo, ex-
cept On December. Lard was moderately active,
but easier, returningto the quotations Of Thurs
| day, after the temporary bulge Of yesterday.
| Meats we're in moderate request ct IN
changed prices, some quoting green hams
| easier. The reported arrangement. (noted
aboye) to ship out 5000 brls Of Cid pork to New
York, was probably the cause Of the GrIner feel
the price of live hogs. The market closed at the
| following range Of prices: Mess pork old held
OF Sid ElGG15 m mar &19 l1Ld114 81