, 1873-01-02

AN. !, 1878.
>. wnB generally
,uBinoHs circles, Us u.s.
sdoing III my of tho produce
>.pt In wheat, which WAS IN object Of
considerable interest, and drow out moro opera
tors than ordinary. Wo repeat our quotations
III Tho leading ARTICLES for roforonce pnrposos
Highwines wero nominal At 89115o per gallon.
Drossed hoga were quoted nt 94.356p4.40 per
100 lbH.
Provisions woro nomlnaly steady nt tho following
range Of prices: Mess rork-Old, a11.25@11.5O;
nor pork, cash or sollor January. sl1:a5@
do so1ler ! March, sl1.7o@1i.75; do ael!er
Apfil, I'LL ;$a'sSR11'99; so gE prime moss, slo6o;
$1,000 Do sollor February, s?.12j6; %
7Ss' 7ss Nsssss sssss d Ssms ''''S1 @59e Agl!
and and s @ fGs gtsn te
ribs, 4376@5o; do ahort clear, 556@5}fc; dry
ssltod meats quotablo at o2e fof shouldors;
s@Is esF Is4s e5 shoaa shes p sr spa for h
uary, 5e6o for Cumbcrlani's; 5sic for abort
ribs or long cloar; Go for short clear, BhGO
e}4c for long cut hams. Bacon is quoted At
ehort clear, all packed. n1ess bocf, $s.50Go.0o;
extra mcss DO, so:5o@10.0o; boot hams, $27.oo
2s9oi e. q x<9aY 9ty ta'ow' 775loi grease quota
Flour wan quoted ilrm ut tho following range
'of pricos:
Gais 70 eloico whitc winter o1tsas,..... $1,000 o75
good to sheies spring sSS SsSs oss Sse
l.
Good to fancy Minnesota Goes] III
1nrtsnG anrcranea. nea."....-............. 3UuGs 4,60
guck,sheat Hour 7sogs soo
Wheat was aotivo Tor holiday. something @ ljIo
quarter Of d million bu Of BhortB boing bought
aud sold in tho morning, in tho lowor hallway Of
tue Chainbor Of Commerce. Tho market waB
Mcak, declining 2>1c further, in addition to the
55zc drop Of yesterday afternoon, but cloBed
htronger Ihoro Wcro runlora Of an advance III
Liverpool, and some stated That that market was
unchanged, but Huch reports do not mean any
thing as tho Dritishera do but 1ittlo trading
which tiHo Includes Now Years. Tho caueo Of tho
decline wnb purely local. Several operators who
bold wheat found yesterday that they could not
obtain expected accommodations In carrying, and
tatng on tho possibility that tho recent ADVANCE
WAS but temporary matter; and tlley, too,
T Tnntea 9 sell ot though got obliged to do So
aho result w9s The drop solor robrunry was
el:2iX, declined 10 s1.1D5S, md md closed It s1.2i
D1,9115. Seller tho month VAS q,iot ut 20 be-
!ow eeller March at 20 above, and seller April at
90 above, tho prices quoted for February. No. 1
s1.1s11i No. 8 do at s1.o4@1.oG; and rejected
Corn was dull and little bottor than nominal
At tho decline roached las. oyoning. i fow salos
sloaing nt tho inside. sclIor the month was
nominal at so91@3o5Sc; sollor May ut 3711lo;
seller juno at 375i GD35c; and rojoctol at 23ilG1
Oats wore nominov firm at o4s/6Dq5o'oau] or
soller the month 251 (da2515c Belier February,
@21Nc.
eo ~ was nominslly weak at Csc for No. 2, and
CSC for rejected.
Barley WAS nominal at Coo for No. 2; 52c for
10. =; and 4lc for rejected. Receipts in A: d.
:; . COS would bring l@2e por bu mora than
! these quotations.
1REspsruFra IN ENGLAND.
Tho United btatos Economist nays:
a late review Of tho prltiah corn tralo furnishes
sone interhsting information upon .ho subject ot s
o the e x.ena .ssn isr roy vas e1psefe
within very ehors period, although, to mako Ko,uo.
nos ~ a M aneES va Eood
Twenty vessels loaded with wheat for inBance, wcro
expected from San FrsncBeo: surplus os 2,aoo,oOo
auo,.ns from other Ualted States ports With thfs,
saaaa sna continuation ,a. Of surpy from Fra9co vas
tho doors Of even Tho poorer cnsses Of tho country al
Though siata Of high pricca was thought to bo uevi
table. It wss estimated that at low computation
ampoft Of 1000, 600 quarters wontd To necessary to
mtet the deiieences, aud that, takng the present
e1aga price Of wheat, tho Of tliG
Wonidbe required to purchase tho supply. lu alli-
ton to lhe short grain returns the potato crop Is de-
neient, and, to make matters still worse complaints
wore coming from tho various growing grounds Of the
thought could not bo renediel, as foreign supplies
arc to 1e Ind at this season Of theyear.
Notwihssanding The heary importations into Eng
land, aud The comparatively low prices Of bresdstuts
IL Tint MARKET sgus Of the rreyalonce of e1tro,no
high rates are BY no means lacking, Our latest al-
vices from Birmingham to the sGcc that tho pre-
faalng wet weather Las resulted In much damage to
the untreshed grain, and that tho htc wheat which
was already sown on tho vet land was Iotng on tho
would be planted before February ni,aiar pato of
thiuRa exists In many other Engirh farming strictr
a1d ioara Of another dlaasruuH IN 1878 gen
orally feared with even greater deficiency. Even
now French nurkcs leave t.le margin for sh!pment
20 England. having riscn to nearly par With tho
lAt'nr; but there were conHdcrablo shipments duo
on Old contracts that would hayo tendency 10 check
any immediato speculative moyel.ail.s. With
tho closing Ut American canals reducetl Rfir1neus
from tha country were confidently looked for, so TAX
Ing tho wholo situation together, all tho oIements of
aStivo speculation III breadsus before tho cluBe Of the
nSs Ssve yss to DO present. snd our prGdaseE' and ea
Sotwithstanns tho fact s TINT England Is always rich
N her unrestricted trade In tho products Of her own
safc with short homo supply Of fooi whse Ale Il the
only fooa-Dnying nation III Europe. Even nol,cy can
not always ward Oh want a,i staryation Tho recent
neafy rainu In Europe hhy0 wrought great injury In
tas agricultural regiona Of France well In those
OF England The Russian crop prospects, for next year
are In doubt aHo and should lilo Of nome Of tho
heaviest foreign grain dealers be reallzad ioaf Of
bread may ucyt year cost the English laborar more
than bis days wagea surprising he s able ~ find
CHICAGO DAILY MARKET,