, 1873-05-25

settlement, and stronger, the bulk OF the trad
! ing being done at tho outside prices Of Friday
was reported dull but the latest telegrarns from
that city quoted wheat closing Id higher. With 6
| good domand that brought out buyers, sud the
demand continued good though New York wat
! quoted quiet and rather tame, and our receipts
| we're considerably in excess Of the shipments
The fact is, 8 good many operators arc beginning
| to fear there will DO squeeze in June if not IL
| May as the market is largely oTer6old, and Nil
waukee is drawing all tho wheat she can to her
self, by means Of reduced freights from ell
! the margin Of 2@21o in favor, Of cash wheat
! over seller June WAS maintained, though the
| current month closes with the coming week
| and soler juno vas strong as compared With op-
tons for delivery farther in the future. There
we5e als9 geod many R1ts out which expired
for keeping up prices. There was moderate
demand for car lots, but little doing in regular,
the latter not being offered Seller June offered
at 91:26A, and advanced steadily to s121A;
s127 Regular No. spring 45 eatias sold At
and strictly fresh receipts closed at
s1.2911l@1.86. Seller July sold at s1.25N@
1859, seller August at $1.21@1.22, and seller
the ysar st S11a@1 Ell 15' n No spring was quiet
demand at s1.18}l@1.1 .19; and rejected DO dull
at 81 co. Cash sales we're reported Of 2,400 bu
No. spring at 81. 1900 bu No. spring
(hard) at $3.50 1900 bu do at 91.292; II 500
sa g. 1t % 1sS b. b % % 1 4
s1.28N $4,000 bu do at 91-281z5 so0 bu No ,s 5
spring at 91.l9 400 bu do at S1.1aI: 400
bu do at $1.18X; 1900 bu rejected spring at
$1.o0; 400 bu by sample At 91.96- Total, u, 600
bu.
Corn was quiet but hrn,t and very steady ut
an average advance Of 1s@Io per bu, there be
ing not much demand, and comparatively little
offering. New York was dull, and our shipments
we're lighter, but the certainty OF unfayorahle
conditions for the next crop caused holders to
ask higher prices, and to be Independent about
selling at fhat. Then buyers held back, and
both sides took 8 breathing spell. The ehippers
did not care to operate, as they we're waiting Tor
opened at 3s;Xc, declined to $500, advanced to
35c and closed 1T sS7S@39c. Seller July sold at
42@421lc, and seller August at 431S@A4c, both
closing with firm holders at the outside. Regular
s825c, aud strictly fresh receipts we're firm ut
39c- Cash sales we're reported Of 10, 500 bu No.
2 ut SOC; 1000 bu do DIETER than regular) at
3811c; 5000 bu do at $3.50; 25,0 900 bu do at
3811ci 10 900 bu do At s911zo; 10000 bu do ut
at 36c; 400 bu ears at $780, Total, LII, 800 bu-
Oats were very quiet at about the same range
OF prices as on Friday. There was almost no
demand for cash lots, and but little for options,
except for about hall an hour. The effect Of
shipments, and hrmer tone reported from New
York. Seller June was quoted st 911z@32c,
seller July at a31@a3N4c, and seller the month
It s1A@s1Hc. al closing at medium sdS hgqrsS;
receipta) at SIC 5000 bu do at sig; 5000 bu
rejected at 2914c; $500 bu do at 29llc; 600 ba
do at 29c GOO bu by sample at BIC GOO bn do
at $50 500 bu do at BIC; 1,2oo bu do at a2c.
Total, 5000 bu~
Rye was dull aud 776c lower; quotable at 6811z
@69c,-the outside in faVor1te houBes. Sales
we're restricted to 800 bu No. 2 a., D. l. Co's)
at 6s11lc.
Barley was dull, and nom1nally unchanged. In
tbs absence OF transactions for several days. it is
impossible to give figures that may be depended
upon but ne quote the market at 70@80c for
No. 2; 64@66c for No. 3; and 45@50c for reject
ed,-the inside in the Rock Island Elevator, and
the outeide in the Armour, Dole t. Co. and Cen
bu By sample at Csc.
Tho telegraph informs us that not less than
twelve firms, who had formed q combination to
control the Western lumber market, have failed,
these firms are located in Chicago, one in |
Cleveland, and the rest in New York State.
INSPECTION OF LuMREn.
1t the annual meeting Of the Chicago Lu1n- |
be1men'e Exchange, held in March Inst, The
changed so as to be identical With the grades !
piled up by the leading yard firms Of this city:
4" school OF practice Was established, NTH
lumber taken from the piles Of one OF the lead !
ing yards Of the city; but the near approach of
the opening Of navigation, and tie stormy
da n95 ffe !. fho
(about 1909 in the city; but some
twenty CT moro qualified themselves and obtained !
This ia tho beginning of . syste-
matic and uniform mode Of transacting the i'm
nense lumber business Of this city,.. and it is
hoped by the trade that the plan may be in gem
eral practice next season. By reference to our |
quotations, it will be seen that cargo Of mill |
run lumber was sold under the new rules on |
being, We believe, the first green mill t
run stock sold in this manner this season,
although several sales Of clears hage been made
3u that basis
LATEST.
In the afternoon wheat and corn were in mod |
srate demand, closing the same as on Change. |
No. spring sold st S1.279s@1. .27A; seller June !
:losing st a1.275S..x Corn sold at 3sI@39c seller
June, closing at the outside; 42tD424o seller |
1uly aud 444Ac seller August. Other grain and
provisions were quiet and unchanged. Lake |
reights we're inactive.
rAl~ArN tnc.crNrK MhpKEr