The weekly Oskaloosa herald. [volume] (Oskaloosa, Iowa) 1855-1885, 1873-04-03
oskALoosA PRODUCE MARKET.
CHICAGO GENERAL MARKET.


Wool-Fleece washed. .......... .48 to so
Wool-Bad conditioned. s. to 10c less
CHICAGO GENERAL MARKET.
Chicago, April /.
Money, during the past week, has ruled
about as follows: Borrowers are not
pressing their demands for loans, and sue
coed in obtaining all the money they de-
sire for legitimate purposes. Bankers are
well supplied with loanable funds, and are
willing to accept all first-class paper at the
legal rate of interest. On the street the
demand for money is exceedingly light,
and loans can readily be obtained at one
per cent per month. Eastern exchange in
fair demand and firm at 30 cents premium
between banks. Counter rates quotable
at one-tenth discount buying and one
tenth premium selling Gold stronger and
a shade higher. Government securities
steady and firm at a slight advance. Lo-
cal stocks quiet and unchanged" The
Inter Ocean reports the following receipts,
and shipments for five days: Cattle Is, 1853,
Hogs, A, $50, sheep, $685.
Saturdays Inter Ocean has the following ::
HoGs,-There was a good attendance of
shippers representing all the various East
ern markets, and Notwithstanding the fact
that the receipts were moderately large for
Saturday, the market ruled active and ex.
cited, and before the close the pens had
been cleared of all desirable hogs. The
advances from the East were of strong,
favorable tenor, and stimulated shippers
to considerable activity, and they competed
with each other quite livelyi for the offer
ings. This competition between buyers
was taken advantage of by sellers, and they
succeeded in obtaining an advance of
1O@15c per 100 lbs on the quotations cur
rent yesterday. The quality of the hogs
market ted was good, being fully equal to if
not better than of any previous day of the
week. The extreme range of prices paid
was $5.20@5.70 for common to extra
choice lots, with the bulk of transactions
at 35@555. The shipments East for
few days past have been quite heavy, and
unless there is reaction below sellers ex.
pect to be able to MAINTAIN the advanced
prices. All were sold, and the market
closed strong at S. 2O@5, 80 for common to
medium and $535@5eO for fair to choice
grades.
VESSEL FREIeHTs.-On Saturday yes.
els were offered at Ice for corn to Buffalo
Tho only charter reported was that of the
bark Golden Fleece, to arrive at 10c for
corn to Buffalo. Of course this engagement
is no criterion of the condition of the mar
ket at the present time, or indeed, what it
will be for two or three weeks after the full
opening of navigation.
TEXAN CATTLE TRADE.-The general
tenor of the news from Texas, in regard to
the drive for 1878, is somewhat contradic.
tory, some localities reporting large herds,
while others from unpromising markets
and bad winter, reporting serious losses
| A correspondent at Kansas City writes
that the winter Of 1928 was unusually
severe and followed closely upon summer
of unparalleled drought, which killed the
grass SO that from cold and hunger thous
ands of head persisted and the surviving
herds show poor quality,
From Nueces, San Particle, Arkansas and
Refugio counties reports are in tine forego.
ing strain. Few beeves will be driven
north this spring, and those few will be
late on the hoof, none but pasture-fed ami
mails being in anything like condition to
take the trail before April. From San An.
tonic the news are that the droves will be
unusually large, fully up to, if not in excess
of last years figures. The prospects, how
ever, are not encouraging as but little out
side capital is tending Texas-wards owing
to closeness in the money market
FRUIT PRosPECT.-Making all due al.
lowances for the damage done to the fruit
crop by the extreme cold during the past
winter, the prospects for plenty of fruit the
coming season are fully as good as any
season for number of years back. In
Missouri and southern Illinois it is report.
ed that the peaches have been injured. and
in some sections severely so, the buds hav-
ing been killed outright, and one report
| says that some of the farmers are cutting
down their peach orchards and turning up
the ground for wheat. Reports In speak.
ing of the prospects in Michigan, say the
grapes, pears and apples have not been in
jured and the peaches have suffered but
little Altogether the prospect is that the
crop will aot be an immense one, but will
be fully up to the average, and that prices
will be about the same as last year. Any
material advance need not be expected.
CoRN.-At the opening on yesterday
this market weak and easier than on Satur.
day but. subsequently large number OF
orders were received, and under the iDflu-
ence of good local speculative demand
prices ruled shade better. The demand
was largely for future delivery and good
many settlements were made, and q mum.
Der of April options were changed over in.
to May. No. 2 regular cash corn opened
at 3O1ac, and closed firm at SIC, while fresh
receipts sold at l3a;s4 a33c. Rejected was
steady and in good demand at &c. Op.
tions-NO.2 was in active demand for flu
tyre delivery during the latter part of the
season at firmer prices. Seller April sold
at SOFA SO5sc; seller May at 341sa34 &c ;
seller June at 3saSs1ac.
OATs.-Thore was a moderate speculs-
tive demand for cereal, but under the fair
offerings, prices ruled shade lower than
on last Saturday. Cash sales 2411Sa251fc.
Options.-No. 2 options were in fair de-
mand but ia sympathy with cash oats,
prices were lower, parties being engaged
In changin April into May at 3a4a 4c prem.
ium. Seller April sold 24a25c; seller May
2S11a285sc, and seller June at 29Ic.
WooT -Thoro VIZ. a oxtu +. .,oa.-. !.