The weekly Oskaloosa herald. [volume] (Oskaloosa, Iowa) 1855-1885, 1873-05-22
oSK ALooSA PRODUCE MARKET.
THE MARKETS.


As the weather was stormy and unfavor-
able for trade generally, the banks were
not trou bled with anything like the usual
amount of business, and on all sides a
tole rable quiet day was passed. Still in
the actual condition of affairs there was no
change of any consequence, and the prom
inent features of the money market were
about the same noticed at the close of last
week. Money is now quite comfortable,
and as the banks are beginning to feel the
full effects of the liberal export movement
that has existed in grain circles since the
opening of lake navigation, the situation,
present and prospective, is regarded with
more or less satisfaction. Some of the
banks are still disposed to follow con-
sentative course in the granting OF favors
and accommodations, yet, as rule, the
feelings is about as easy as could be desir-
ed, and borrowers in good standing en-
counter no delay in obtaining all the funds
their necessities require. The tendency of
monetary matters is now Enthusiastically in
favor of an easy loan market, and plen-
tiful supply of money at this. point until
assistance is required in the interior to
prepare the new grain crops for market
On yesterday the demand for bank funds
was only fair, and generally confined to
grain and produce traders.
GRAIN MARKETS.
FLoUR.-Shippers were backward about
purchasing on yesterday, and transactions
were chiefly confined to supplying the
moderate demands of city retailers. The
stocks were comparatively light, and prices
remained firm.
SPRING WHEAT-The trading in this
cereal was only moderate on yesterday,
and confined almost wholly to spectators
and parties who had outstanding trades to
cover. The continued light receipts,
large shipments, and steady reduction in
the stocks on hand, have created considera.
BILE nervousness in speculative circles, and
the ''shorts" are now exhibiting more OF
less anxiety to close up their contracts and
draw out of the deal for the present
Hence, the demand is just now almost ex.
clusively speculative, and of character
that promises to withdraw in some meas.
ure, one of the principal supports of the
market-the Short interest Prices were
very strong on yesterday, though the in
dications rather favored slight reaction
before many days elapse. Shippers were
light buyers. Our stocks are now small
as the shipments during the week have
been Unexpectedly LIBERAL and we'll dis
tributed among the different grades, No. e
closed at s1.321a; No. sold at $193, and
rejected at $1051a.
CoRN-At the opening on yesterday
corn was firm at an advance of &c on last
Saturdays closing prices, the market be
ing chiefly controlled by the unfavorable
weather. Subsequently, however, good
many holders took advantage of the ad
vance to place their corn upon the market
and owing to the largely increased offer
ings-the receipts being large-the i'm
provement was lest. There was an aver
age attende nee of operators, and iair bus
mess was transacted on speculative &C
count, but the shipping movement wa
only moderate.
OATs--A moderate speculative and lie
Ultimate business was transacted in thi
grain on yesterday, traders being il
fair attendance. and under moderate offer
ings, prices were strong at an appreciation
of about Nc on last Saturdays quotations
Regular No 2 cash sold at 246321ac
strictly fresh do at 3224@3311sc, and reject
ed at 3011sa31c.
| LATER.
| No. spring wheat was in moderat
speculative demand on Saturday after
noon, prices ruling lower. and closing q
81 3l11a for seller the month, and 81 3
for seller June. No. corn was active a
lower prices, closeing at 40c for seller June
and 421sc for seller July. Other grains
and provisions were neglected. TIL
schooner F. L. Danforth was chartered
for corn to Buffalo at SIC.
LIVE STOCK MARKETS.
CATTLE-The receipts since Saturda,
were about 5000 head, which, added t
the state stock left over in the pens from
last week, made the supply about 500
head, the demand did not correspond will
the supply, and during the afternoon ther
were most decided indications Of furthe
decline. A few large droves of prim
second-class steers were taken by Caldwell
at S. 65@5 80, yet passive feelinglprevail
ed at the following figures
| HoGs-The receipts since Saturday
were about 1850 head. The marke
opened weak at 81 9O@5 10 for good t
choice selected; 81 1904 IS for, goo
smooth Workers A 65@4 IS for commo
to medium rough lots, and 5000 for in
ferior mixed lots including tailings. TIL
, outlook was bad for sellers, as there We
not less than 5000 head left over at tn
close of the day.