, 1873-04-18

wheat; A cara corn 90 cars oats and ! en-
barley. Total, 5o cars, or 4, goo bu.
Inc now bell ia now in place, ovor tho Bmal
hall OF the Chamber Of Commerce. twill Boun
tho hours Of II and daily, as a signal that til
timo has oxpIrod for making morning nud attor
+ noon ttottyoriea. .wr
Our ro1nnrks In this mornings ias,lo l,avo boor
construed into disapproyal of Rountroe'a bill
submitting certain recommendations to Congrost
rolativo to lako navigation. Wo simply called
attention to ono feat,,ro Of 1t as wrong, perharz
only bcoauso faulty wordod as 1t would abo1ist,
lako statistics. 30 fur as tho recommendation
will tend to tho throwing opon Of our lake trade
to competition, 1t Is worthy Of oil accoptation. u
THE CORNER IN LAKE FnE1ouTs.
Many inquiries arc mado relative to m alleged
corner in lako froighte at this point, tho leading
points IN which have been goveral timou referred
to in these columns. Tho rnattor, like o groat
many othors, may DO resolved into two sections
tho known, and tho unknown. What Is actuslly
known is In relation to corn; that which Is moro
1y sllrmIaed has reference to wheat-both in con-
nection with freightH.
In tho oarly part Of tho presont ycar "a promi-
neaS operator understood to bo working for two
tered nearly all the grim freight room III port.
Ho contracted for about IS vessels, beginning at
l2c, md ending at 15c, both for corn. THO ac-
tnal capacity Of theso veHseld is nbout 1900 600
der, but that tAoy wero held al Ice, which ho
representative of TnE fn1nuSs, that o l,o took i
that freight room against corn bought to arriyo
by canal, and intondod to hnyo tho corn trans
ferrod to tho vossela on arrival. Tt liz now known
that he had bought up about $50, 600 bu Of canal
corn, aud intended to load the rost from store.
;, gp to dato the arrivals by canal have boon
ighs, aud tho bulk laa beon inspeatod as re-
1octcd, which did not ill tho bill. Tho odyont
Or o., warm weather, promising al carly opening Of
contractors that thoy woro ready to load and ho
Yns Obliged to occupy tho room within tllrco
ea1no necessary to draw on the cleya-
tora Tor moro corn than ho had originally
intended, and ho borrowed largely, agreeing to
!,Il ooiiyer May corn therefor, expecting bis own
t;und M"uu arrive t that month per canal Tho con-
fearful that tho marlet would go agaust him,
While the quality Of tho canal receipts could not
be counted Oh to bo cqual to tho filling Of con-
IracIa to deliver NO. Hence he onfered tho
extont, causing matorial ndvanco III prices by 40
doing. Tho market was again higher today.
owing to so1uont causea.
tho combination woro also siort on WHEAT heat
short, looping to boar ar down rs 'uajeea prices
Of wheat BY taking up all tho available froight
1oo!A 4nu 1uhkinG u hopeless to ship wheat this
spring, oxcopt by rail. Thoro il probably sonlo
truth in this, but it cannot be stated as n cnr-
tainty. Some Of the members Of the alleged
combination arc undoubtedly Bhort on wheat
BY 6nt it may DO as an independent transaction
Thoro is, however, no doubt that such q course
could be counted on to give large profit. pro.
yldnu only TINT the weather wore not so unfay-
orablo % to make probable failure Of this years
crop, It Is that probability which has Sustained
wheat so we'll undor tho adverse conditions above
:, Ono other suspicion may be noted. and TINT la
that some OF the vossol-ownors form part Of thn !
ring to charter these craft for grain. Il 10 we'll
known that each Of them has kept back at eaut
freight rates from ottler partios. But so iar'
tho tiah do not bite, and tho freight market is
weak IN consequence Of being lot seyerely alone.
through freight room n2,, Is roally scarce.
The loading produce markets were senora,,v
moro ,, active and higher to-day, except wheat. |
The grain markets wero principally Of tho wealth.
Or sort. Tho receipta were again small. and
liberal for tho season. Tho continu-
probaod in relation to tho crops Of 1873; vet tho
markets weakened In the latter part Of the scse
a,on, when tho clouds gave signs Of lifting from
Dry goods were mora quiet, tho continued I'M,
favorable weather having sougiDly loasene1 H, fla
iomand from local retailors and the nearby
.rade. Bnyors from distance wore in fair at-
:endsnco, and bought liberally of staple cotton
:, 'ha %oolen textiles and roaaonabo dress goods
ies was dull, neithor the local nor Outside trade
'rdering with any show Of liborality and tho
PREVALENT feeling was sonsibly easier. An Xo
Sonn 'Sono in Patent cut loaf was the only quotabo
sti 10Th ., on local and Eastern account, d and
fair degree Of ilr7nuess. 1'N'''1 Doc~inn G,1n
as :, a qulot and steady: Cheese was unoIansed'
orta tad Ganaau "navo soGa1 so tmarhe business
ferently sustained. No changes wero notod :
!. INC lish markot moderate movement bonr {
'.he6aou ~ saat a. AIS former quotations. Dried fruits
o only alteration worthy OF notice Wey ns wns !
~ 1a but urn. Hides were woak With tendency
NoT In ~ aynathywi,h the late oen
'voloped in tho pig-icon, paints, and tobacco 1,
aIkots. Olis we're gcnerally firm, though j
Trade at tho lumber yards VAS auot pua nrlcoa .
main tho Same. Tho Wholesale market is hard =
opon yet though several cargoos hare arryod =
ID boon disposed Of at what what arc conplI- \
od good prices. Building matorlala romain d
llot aud unchanged. Metals, timers stock. i
ID naila wero In continued good domand and a
M, The iron market waH without now fcaturo; !; a
crollants report fair trado for the Season. e
wal storoa wero in moderate domand and u u
oady, There waB no special change in lilo I,
'ol and hop market, though hops aro held with 5:
uBlderablo 0r1nnosH. broom corn was in tho q
slal domana and steady. Timothy and clover y
od woro In good request; the former IL !.
" firm, md clover Is higher, boing Al
arce. othor soedB wore firm. Hho. dolnana :. -
potatoes in Cur lots continues fair and very nj nj
olce poachllows wero higllor. Tho atroot mar p
'athor interfering with trado. Poultry contln-
u Hcarco and in good local demand, Eggs woro N
moderate supply and demaul. Sales raugod n,
auged. """ uu- u
lighwtnos woro In moderate do1nand. and firm " "
tho outside quotations Of yosteidAy' in avn T., H.
thy with armer tono in Now York, saios ~
ro o, reported M Of 100 brls at 97o per gallon. J"
Lake freighta wero Inactive, antl noyni,,ally
chaugcl at 16o tor corn, aud loc for Wheat Iyy
!, ! to bnlfnio; hail froigltB are also quoted