, 1873-05-15

store thls morning up to 10 O'Clock, 84 cara
whoat; 60 cars corn; o,o0o bu No. do, and
$500 bu rejected do, by canal 10 cars oats;
1000 bu ro1cctod do by oAnal cara rye car
barley. Total Gas cars),,, ss, 900 bu.
Thoro is ono faot that Hoon,a to hnvo boon for
Cotton by the gontlomen In tho country who aro
complaining go loudly about tho working Of tho
inspection Inv In regard to corn. It may be
poor consolation to recall 1t, but tho fact should
not be lost sight Of, that tho law WAS country
measure, papsod ut the 1omnnd of tho country rs
against tho city. 1t is popularly supposed to bo
= law that was passed. by tho representatives Of
tho farming community for tho purpoao Of pro-
tecting that community against the triolH prao-
tisod upon the Board Of Trado.
Wo aro fur from claiming that tho Board Of
Trado is immaculate, either us Whole, or in its
individual membership Mother do wo forget
that thore werc inspection difficulties undor tho
Board Of Trade regime. But 1t is equally truo
that tho Bystem Of inspection undor tho direction
Of tho Board Of Trade was 80 framed as to avoid
many Of the snaga now encountered, as 1t Ia
that the Board Of Trade is not responsible for
tho present trouble. It is probable that tho In
spoctors arc doing their duty, as wo aro satisfied
that they try hard to do it, undor tho law but
whasher ths bo 10 or not, thero il noithor
sonso nor plausibtlity In tho: cutlery
ngainst Chicago as tho cause OF tho
trouble. The responsibility, whother for praise
or blamo, rosts ontiro1y with tho State, and ospo-
CHILLY with TINT portion Of its country roprosen-
tatiyes who dotornninod to give neithcr Chicago
Tho failure Of John Watson, yesterday, was tho
subject Of much comment In commercial circles
to-day, and his course was gonorally condemned.
t seens that most Of lis May wheat was sold At
i'm
He hold on, hoping for decline, which would
probably have occurred but for tho
unexpected weakons.g in freights BY
lake. a great many Of thoso who
Loving him to bo perfectly ,good; but q few Of
those grew nervous yesterday, and "called"
only to find no response oxcopt In tue negative.
The moro conservative membors Of tho Board
Watson should dip in so hosyily nnl Homo Of
thou1 said that such things should not bo al-
lowed. But thero is reilly no remedy otllor than
in tho calling Of margins on all options. Trading
canuot bo limited in any other way, md this ia q
remedy which each man can apply for himself.
It is not strange that accountH from tho coun-
try should vary very widely in regard to crop
prospects. In aomo placoH tho land Is aoggy
work of planting has progressed we'll. Tho
principal effect Of tho rains will probably DO to
mako tho corn area larger than It otherwise
would have been, as It is vol known TINT tho
floods and late frosts; and late planted corn can
be counted on to yield well much moro certainly
than other grain.
THE MARKETS..
The leading produce markets wcro not auito
80 actiyo today, and we're less stcaGy. Tloro
was considerable exciternont, md Homo strength
early, principally owing. to bad Weather, bit
things goncraly weakened In tho latter half Of
the session Of the Board Of Trade, with quite q
heavy fooling in some departments result
OF reaction from tho excited tone noted for two
| or three days past. Tho weather continues to
| be vory awkward, but its Objects have beon
already discounted, aud great many, operators
| operate further in the preHsnt direction.
There was only fair activity in the dry goods
| trade, and prices Wero steady and unchanged.
| At tho late reduction In colorod and bleachod
| cottona the mnrket p caonts n firm tone, md
| indeed the only weakness noticeable Ia confined
| to unBoasonablo fabrics and unpopular b-anis.
Groceries wero moving with rather more freedom
than on yesterday Or Monday, aud prices wero
| quoted higher in Now York, nnd aro b tritlo
drmer horo in sympathy, though our dealors do not
| anticipate any marked advance. Cofloes remain
strong. while spices, rice, aoape and starch rulo
steady: Thore is a dull, heayy feeling in the tea
market. and present inlicationn favor an earIy
doclino In prices. Tho buttor market was quiet
| at weak and irregular prices. Tho rcceiptH,
though not remarkably large for the acnaon, cou-
sae1 saef1Dg eaossa f1en at and
| CLeoso wns dnll and Wosle at tho iota
| decline. No chuneos wero ronortea 'Aio IN
markets. Hay S' gas IN AA hotter u'eq ro,uoat nfu1
and for1nor Tatea worn weI; srat1a;nm,1' tIa"uni'
In the hide market compuratfyoly little Il trai,,y
waH douo. and prices wero ,usottaI on1 s1"s vars
200 for carbon; at 81 ool '{ 4or }t,a} nv nJI e.
Nothing new wnh noted IN coenon M lrit p''tv H.
tobscco, pig-ron. pautg and wood mnrkots' MA wv
steaiiy mproyne demand. ;Cl'oro wd .1, mo nnr1 nu
tiouar cha1eo in nreoa thouc IN iunIcr "n ~ anat
. 0rmer foelinep p' WAS doyeionad. , Dniidng ndTas
lrht at the ouotc nr3cca te STot,a t1auu ;,o,, 10
aid nails wore moderately active at aIoont , t]1o,
game rates, though nails arc rather u,,nottlo al
Wool, hops, and broom-oorn aro unchanged
Seeas wore in Hight roouent at about vesteripv,.
range Of prices. Potatoes wero a in nool y iomayn1
for home consumption and nhpncMt !: choico
peuchblowe being mostly wanted. Groom fruts