The weekly Oskaloosa herald. [volume] (Oskaloosa, Iowa) 1855-1885, 1872-08-22
A coRNeRIN GRAIN.
What Is It-Information for the Uninitia.
ted.
from the Prairie CITY Index

q. Vi.oo 10 Sl.oO per DuShel
be delivered. by August 81, when
'' delivery on the LIST day of Sept,
Der it will only bring S1.22. Sil
we are SO frequently questioned alb
M. this matter, and since every prod
er as well as grain dealer is affe
ed by it, we will try to explain
matter as clearly and fully as pos
lie. Bile.
aid In the Chicago and Milwauk
x. markets especially wheat is sold I
gill only for immediate but future del
aS1 cry. 1t is sold in 5000 bushels 10
tes and upwards. Written contracts a
he signed and ten per cent. of the v,
to ue OF the grain deposited in bank
e. both parties to guarantee the ga
and purchase, which is equivale
to advanced money. When whe
- is sold in July for August delivery
is called selling short, the seller d
!. pending upon buying the wheat
d the meantime to FIJI his bond co,
n tracted and hoping to buy it for lie,
money and thus be ahead by N
amount OF the decline. The buve
OF course expects that the grain wi
advance and that he will make tn
D advance. Whenever the wheat O
, other grain declines or advances 8
that the ten per cent. first deposite,
Is exhausted, ten per cent. more mus
be advanced by the losing party as Sc
curity that he will fulfill his contrac
to take or deliver the grain, as tn,
case may be, at the price.
A moments study will show anv
one that market cannot be much
below the value of the product TO,
consumption, and that therefore the
tendency for speculation is to put +
up instead of down. The fact Their
that prices can be run far betweI
two values and very little below st
the further fact that the party Sc
must furnish the article sold
feit the margins or earnest
gives tile power into the NAM
the buyer. If strong D, and base
large quantities of w6eatk OF Hard
cllnes and they are uneir stock of
stand the loss, they bp whether for
contracts for future Iand embraces
can. Now suppose, apatterns. 1t is
they buy 8 to 4, 900, Oe'tern emporium,
number two wheat )oms and see car
cry than can possib'ked up all over
is plain that when Il This firm consists
they will not onlyAomas Cults, both
nave tho contractof our city; the for
which the sellers century, during all
the wheat is in been engaged in bust
ring which holdsn our city. You will
prevent them fnnt and accommodating
tracts. The m They have sole sale of
last OF the me, manufactured in their
corner sudde'
very high anG BROS. & ELLIOTT
Slst which {, just west of the square,
M, Oh tn' tin, copper and sheet-iron
y ao'' are iohave the agency for several
r. y, "noeo ilgant stoves, which they are
tn.ie ar This firm, under the lead of
orlelted e workman, George A. Wells, is
'oo nnaS arge business in the manufacture
~ ohized iron cornice, branch of
oil : in which they excel. Their
. =, : ion for the manufacture of this
T. IS State wide, and orders pour in up
b or, I'm from all sections of the country.
nd ; manufactured many of the best cor
Zoo IS, window caps, etc, in the city, and
on lope to see them engaged very extern
'. ly in this business. They give especial
De !mion to roofing, spouting, etc.
ej ooAh'
a. EVANS & HoRAHAN,
coal mines on the Knoxville
rsadn car the city, and will furnish to
ordt either coarse or fine coal, delivered
in yIr coal house. These gentlemen I'M
derand the business, have good viens of
coaand are doing very good business.
Thdrm is composed of BENZ. F. Evans
andY F. Horahan.
JOHN BURDEss,
is aiiner of much experience, both in
WAS and America. He was engaged ex-
tenSely at Beacon for long time, after
was went to Colorado to superlntend an
exnsive company there, and is now run
mig mines near town, and will deliver
yd a good article on short notice. N.
Gwen is his book-keeper, at Martinstein's
sore.
MISCELLANEOUS.
+. NJ. DAVENPORT,
attorney at law, on west side of the square
has money to loan at s per cent in sums
not less thar $500. He is gentleman
whom you will find it q pleasure to deal
with. Mr.. d. has been resident of our
county for years, and is an active, intelli-
gent and careful business man.
t. WILLIAMS,
the tailor, is again going it alone. He has
opened shop on the west side of square,
in room formerly occupied by Frankels
Bank. Theophilus is good workman,
has fine line of cloths, cassimeres, ETC.,
to work upinto suits. Call and see him,
and talk to him about that wedding suit,
Or business coat, or pair of pants. You
know you need them, and he will serve
you.
WAGONS AND BUGGIES.
CHARLES HERBIG,
On Main street, just west of Herald Block,
does all kinds of wagon work, Black
wood work, etc. Philip is an
old and experienced workman in wood,
and has done much te improve the town,
and few years ago built good two sto-
ry brick on Main street, one room of which
Is used as show room for their goods.
Charlie is q good workman and an exper-
fenced painter, whose excellent work
speaks for itself. Large stock of buggies
and wagons on hand.
JOSEPH JONES
of wagons and buggies,
Main street, west of p. O., has a fine two
story brick work shop, 40x120, erected by
him two years ago, wherein he runs a
good force of hands turning out good
work, which our folks find it advantage
Gus to look at before purchasing. He
all kinds of buggies and car
riages-open or top. Do not send away
for your goods with such home manufac-
lures in your midst.
COOK & son,
which means Levi Cook and his son Mel
son, both good workmen, who make all
kinds of wagons, plows, etc. They have
a two story brick workshop, just south of
southeast corner of square, where all
kinds of work in wood and iron will be
turned out They do all kinds of repair
ing, and those having agricultural nipple
ments out of repair, will do well to have
them doctored here. Reaper repairing a |
speciality
hICNEI NEnIrC