The weekly Oskaloosa herald. [volume] (Oskaloosa, Iowa) 1855-1885, 1873-05-01
osKALoosA PRODUCE MARKET.
THE MARKETS.

Chicago April 20.
The past week has witnessed stringent
money market, the par ties who are una
BILE to present une xceptionable paper ex-
perience considerable difficulty in obtain
ing all the funds they desire. Grain deal
ers are the principal borrowers, though
parties in other branches of trade are ma
king more inquiries, wholesale merchants
are borrowing moderately, chiefly in the
way of excha nge.
The past week closed with fair move
ment in the leading grain markets, the in
creased inquiry on shipping was especially
marked. Speculative operators were not
80 anxious to purchase, unless to fill specif
ic contracts. The receipts were somewhat
larger, though the increase principally of
corn and oats. The shipments also exhib-
tied fair increase, but concluded cargoes
cleared but not sailed. The movement for
the week shows decrease in the stocks of
wheat, corn, and barley, and an increase in
the supply of oats and rye, The advices
from New York and Liverpool indicated
little change. Railroad freights are uu-
settled and lower. 1t is understood that
all the different roads are cutting present
rates. Lake freights were inactive ard
rates nominally unchanged
Mondays Inter Ocean says The fol-
lowing notice was posted on the bulletin
board of the Exchange Room this morn.
ing:
Notice is hereby given that in order to
prevent gross injustice to holders of ware
house receipts for low grades of grain. The
Assistant Inspector will be instructed on
and after this date to pass all grain that
may arrive in an unmereha ntable condi-
ton, or that has been subjected to any
chemical process, or that has been mixed
with screenings or other refuge matter "as
unmerchantable"
Chicago, April 26, 1878.
w. FL. HARPER,
Chief Inspector.
The posting Of the above notice appears
to give general satisfaction, and should the
Chief Inspector inaugurate other reforms,
the prejudices against him will rapidly
disappear. Let the good work 60 on, and
country shippers to this city will have lit
tie cause for complaint regarding their
shipments.
Tuesdays Times gives 1.-THE following
quotations /:
SPRING WHEAT-This market was pretty
numerously attended on yesterday, and a
rarely good business, in the aggregate, was
transacted, the demand being quite active
on speculative account. A stronger feel
ing was developed, owing to favorable ad-
vices received from the east and Liverpool,
where wheat was reported as 1(02d higher
Light receipts, and unsettled weather. an
the prospects of an early opening of
the straits of Mackinac also tended to Gre
ate frmer feeling, and prices were ad-
vanced about 11s@14c above Saturdays
quotation without much difficulty. No
sold cash at 81 26@1 261l for regular. and
81 281s@1 ~ for strictly fresh receipts No
8 at 81 II.
Thanksgiving wheat was in moderate
speculative demand on the afternoon open
of yesterday, prices for No 2 ruling com.
paratively steady, and CLOSING at 81 261S
for seller May, and 81 291a for seller June.
No corn was traded in to fair extent
and prices closed steady at 3SLc for seller
May, and 405s for seller June. Provisions
were fairly active, sales being mado of
100000 pounds shoulders, cash, at 61sc I;
$50 ties lard, seller June, at 1926, and $50
bbls mess pork, seller June. at SIT rs.
The bark Emerald was chartered for
IL, 500 bu of wheat to Kingston at 10.
CoRN-At the opening on yesterday the
market was dull at about Saturdays inside
prices, but subsequently q large number
of buyers put in their appearance, and in
consequence of good demand from the
"shorts," an increase of small orders. and
the firmness in wheat, q firmer feeling
speedily developed, prices advancing about
nc. The receipts were large, but holders
were not forcing their property upon the
market, as favorable advices were received
from the east. There was co mparatively
little inquiry for shipment, and cash corn
was rather neglected, the demand being
largely for May and June options, though
there was an increase movement in the
long options. Regular No 2 cash sold at
$50: fresh do at 8S@3Sss rejected at 34K
@24ssc and canal receipts of rejected at
$3.50.
OATs-Partly in sympathy with the ad-
vance in the larger cereals, and part
ly on account of good speculative
demand, prices for oats ruled strong on
! yesterday, at an advance of about 11s@lSs