, 1873-12-29

Average ten yearH ssl, ,G12, ,22s5
Tho prospect for prices in the spring il good,
because thore il really largo proportion of tho
crop of 1873 that is not fit to market, ind the
to press heavily OIL tho market. 4 larger de-
uland than usual IL expected from New Englnnd
this winter. as that section forboro to ny III snp-
plies I'LL tempted to do 40 by the low prices in
luced by tho panic Of September.
The receipts Of oats bayo been considerably
lRreer thnn in 1879, Notwithstanding tl,e fact
TINT the corner IN juno OF that yenr brought
hither all the oats that could bo sent In from a
tract Of country much larger IN area than that
Tho corner run tho price up to 431(c, but lilo
average price OF the year wAn but about 29gAc.
Tho ayorugo Of 1878 was conside, ably less thnn
this. THO mhrket openea at 241Gc; rose to 97c
the end Of the month !; advanced to 27o III
March foil back to 2s91c tho first week in
April rose to 33l4c about tho middle OF AfRy
.ell to 25A4o in the middle of June rose to SOC
in the beginning Of July; rcceael 10 2G15c IN
dropped to ESQ towards tho close of September
advanced to $3.50 in the first hn!t Of October
fell back to 26L5c tho first week in Noyambcr
and then advanced rather irregularly to 4015o in
tho second week Of December then declined to
Tho market WAS quito BluggIah during the
first eight months Of tho year, and pricos drag
god, as nboyo principally hacause The crop Of
ity TINT the Eastern markets did not want our
outs, except to fill void which could not bo
filed from other points. When the old crop Ind
boon worked of, that Ut 1873 was found to be 10
good IN quality-worth 5@0c per bu moro than
the other.-that M excellent Eastern demand
sprung up, mud prices woro further improved
aftor the panic by the knowledge of the faet
that there was falling off to the extent Of
nearly 10 per cent n aHantisy There as how
tumn demand for tue supply Of the lum-
Dor regions, owing to tho curtailing OF 1um-
boring operations as consequence of tho
panic, Our market would also havo boon
much moro aotiyo but for tlo existence of the
shut Off tho supply from tho largo out producing
sections Aloug the line OF the Illinois Central
Railroad. several Eastorn buyers, who former
" sont I'LL their orders here, have sent them di-
reGt to points in the southern portion Of tho
State, because they could obtain freight rates
from tho lines running Eastward into indiana
direct, which could not be competed with By tho
lines running. through Chicago. owing 10 our
State prohibition! Of discriminating rates. Houce
some Of our dealers who forinerly.did ptoita-
bio business III supplying Eastorlt customers lid
very 1ttlo III lS73. Hence tils unusually light
roceipta OF curly wiu!or. IN this market, are not
strictly gauge Of small tupply aud limited con-
sumption in the Eastern States.
Gt
Yhe volume Of trade n rye has bean about
tho same az IN 1879; but not much moro than
one-half OF 1871, when the receipts aggregated
2,0ll,7 b1l Stocks have been soil Kept iowl,
through the year, The new crop is Of good
crop ID quantity, but waH fully two weeks lite In
maturing, owing tho unfay9rablo weather ef t1e
during TINT, period. but prices wero vol lnait-
tulncd, tho lowest point touched lin Jnly) boins
5Gc Of. No: 2. which. was ac above the lowest
point in 1872. LII August very good demand
sprung up for Now York M European aesouut,
tho intention hoing 10 export f'llly 250, 900 hi
to Germany, where tho crop waB worry short.
The panio interfcred so.nowlsnt with ths
process, but the 1uoyomont WIS resumed SOM
altar tLo breal; down. which Gully cauaea y
decline tof % per bu. Tic ,narlss. Tor No. =
upslled ut e51G@DG6c, al!d ranged up to 6s}ie at
Tie end Ut January dowu to Csc at tllo end OF
February up 10 ti0o n atarcll I. lown to o1o tn
tho early part Of April; up 70 fle@70o during
May down to 500 Ii, Tho middle of lu!y; up to
00o jiHs before the panic; thou fel! to dfte. up to
o5c, ind down to $50 t1a first wee!. n Noynm-
| VeHbsr, aud isN back to TO Ql9sb9 0lm At To