The weekly Oskaloosa herald. [volume] (Oskaloosa, Iowa) 1855-1885, 1873-05-29
osKALoosA PRODUCE MARKET.
THE MARKETS.

| CHICAGO, May ~.
Tuesdays Times says: Business was
rather active in financial circles on yester.
day. There was no change of any conse-
quence in the condition of affairs, but as
| almost all branches of trade opened in
remarkable manner, the movement at the
banks were fully as liberal as could be ex-
pected on the first day of the week. The
feeling reported on all sides was also
healthy, and with easy money, the situation
was regarded as satisfactory and promis
| ing for another active weeks business.
Our loan market is now in really com for
table condition, and as local deposits and
| interior collections remain good, even for
this season, the banks as rule are begin
ming to show some desire to place their
| surplus resources before the opening of
the dull summer season. Hence, notwith-
standing the anxiety which is still express
ed by some of the national institutions
over the long expected call of the comp.
troller for statement, the idispositon now
shown to grant discount and other favors
is unquestionably better than for some
| months past.
The report of the wheat crop in Califor-
mia unfavorabe. and the estimates are that
the crop of 1873 will not be one half of
what it was in 1872. There was a larger
breadth of land sown to wheat on the west
side of the San Joaquain valley, but little
grain will he raised, and on this side only
partial crop is expected. Other reports
state that there will be about an average
crop. At the beginning of March the re-
ports were favorable for good crop, but
| the drouth since has cut off all hope of
large crop. ..,l
The markets traded in on change were a
little quiet on yesterday. Provision, or,
more properly speakin G, mess pork, sold
with trifie more freedom than is usual,
but in the different branches of the grain
trade a remarkable tame feeling prevailed.
operators of all classes seemed to be some.
what Indifferent about trading and al
though vessels with total carrying ca
pacity of over. 100000 bushels Of wheat and
| 100000 of corn were chartered, scarcely
! moderate business was transacted. Still
the various markets presented tolerable
strong appearance, and wheat, corn, and
| other cereals commanded Saturdays
| prices.
The week opened with fair degree OF
| life in leading merchantle markets, and
| business in all channels was somewhat
larger than is usually witnessed on the
opening of the week.
New wool was ARRIVING slowly. Old
wool was scarce and firm.
SPRING WHEAT-This market was very
steady on yesterday. There was no par
ticular activity in the movement, as opera
tors generally felt more inclined to specu-
late upon the future of prices than to trade,
yet rather strong feeling was exhibited
on all Sides Notwithstanding the receipts
were larger, and the advices from other
points unfavorable for strong prices, hold
ers were really firm in their views, and the
market was sustained throughout at last
Saturdays figures The demand was main
ly speculative, and largely confined to eel
Ter June, though cash property sold with
moderate degree of freedom. No. 2 closed
for present delivery at 81 281s. No sold
at 81 10, and rejected at 81.
CoRN-This market was comparatively
quiet on yesterday, operators being in
smaller attendance than usuel, and only
moderate business was transacted. Lake
freishts were lower, as vessels were plent
Ter, but shippers were not disposed to
operate with much freedom, and transac-
tions were chiefly upon speculative &C.
count. The weather was warm and
favorable for the crops, though holders
were firm in their views, and prices were
steady at about last Saturdays quotations,
favorable eastern advices being received
Regular No. 2 sold at 3S9a4a3sssc, strictly
fresh do at 3sa393sc, and rejected at 361ss
361ac.
OATs.-This m arket was characterized
on yesterday by considerable activity on
speculative and shipping account, and I'M
der moderate receipts and favorable eastern
adyices, prices ruled firm at an advance of
about Nc on last Saturdays quotation.
Regular No. 2 cash sold at 311s@314c
strictly fresh do at 81 s@32c and rejected
at 294 @291Sc.
RYE-Neglected No 2, 69c. Rejected
84c