, 1874-01-01

l700 brls do at 55.62I; 20U brls do at S5.50; oJo
brls do at $5.37 ;:40o brls do on private terms;
10O br1B BupeTfna OH private terms ao prio rye
at S4.50. Total, $3.50 brls. The following were
the closing prices:
Fair to good white winters. 6.ao -
Gaoiec 40. go 90 - Sn0
Choice to fancy spring extr4s.,-...... 6.e3ke 6,s5
Medium to good do. 4.3 o. o.op
Good to choice Miunesot2. CIV g a,1a
Patent do o-uo ta,'-'N
Fair to choice spring. superdne-' :.oo 9 ~
Common do. ......'.....-...'....'-'' ~ ~ 44'oS
Rye Hour. ....s...+...' ~ ~ eao
nnsa"aes' npsn a... 1850 eSl3oo
Wheat was active aud stronger, though aver
aging nearly lc lower; it ciosei a1ort 1c
higher than on Charge YESTERDAY. The En-
lc pcr quarter higher, and New York was cor
respondlngIy firlner, while our receipts wore
below the recent average. These things caused
large speculative demand hete, "h1cn occa,
stoned tirmer tone IN the market, aad "oula
have produced a considerable advance but tAat
many operators were afraid Of tue dellser1cb on
Friday. II the cash wheat has nat beeh ait
provided for. there may 10 q setback a. tne
close OF, tho week. III view OF tins con
tingency; great many m:ao h''a no 0S'A teir cir
minds that wheat ia good property
At present prices. The domand for cash wheat
was about the same as for TWO OF three DAYS past
There are scya1al Hhpping- hero, put
buyers arc not anxious TO take hold tlll they nna
the vay open to the seaboard; aud nearly conhpo
their purchases to Nos. aud 3. 20. ;sas taEco
freely by paftios who sold it for delivery n Fed
ruary wnicI. option WAS most Santed. !nc1o
was very little doing for next month, t1oso
trades having been most1; settled up pu oeiole ~
sl.l714, declined to Sill, advauceaa =, ,a 10
s1.lSE. fell back to Sl.171z. and closed ut 3l19.
Seller FEBRUARY sold ut $1.20@1.2l35 closing o.
sl,21]4 Cash No. 2 spring sold At S1.l'E,@
At nF,3 y
was steady Ut s1.z0, with Northwestern receipts
Of do nominal 81 ?l.21. No. sprlng closed hfln
at sl.l4H. aud rojectcd do at sl.1o. Cash sales
were reported Of 5000 bu No. ! sprlns, par1
Northwestern, at Sl.20: 10000 bu No. = sprlnS
at Sis; Ii, 900 bu do at $l.171s: -, s0o ba d.
At sl17H 400 bu do at sl.i75s 1900 tu
do At S1i7A; 400 bu No. 8 spring at sl:l42s
. ,m, In do vt 81, ,14A 900 bu do at 81. Il 400
bu do at $l.13;s l,G00 bu do at 5i:l3sl 2.ooo
bu rejected string Ut $1.lU. Total. oo' 2oo bu'
Corn was quiet and tirmer at tue same lansp 81
rs yesterday, recovering from tue depression Of
last evening, ia sympathy With wheat, and ID
conseoueuce of light receipts Tho recent weak
feeling was due to rather liberal scillng on tue
part OF q few ope1 ators, who have reasoned OUT
that there will be decline few weeks hence,
But they had got through this morning and the
natural strength Of the inarLet reasser1co itsef,
under reports Of tir1nuess IN Liverpool anu New
York, though tue interest was not ma'ntan1ea 70
the c.ose. There was very lttlo demand Tor
cash corn, Lne Cuty bu1tta oS!hs3. sA@"oo -"
wanted it for city consuinpron- seller
January opened at ssisc advanced to
54c' md reduced to 535S5c. closing at 533:c.
seller February 4old at 5asS@ 55Ic, closing at
Sic. Seller hiny sold at too 6019c. and seller
June at 6lc. CASH No. closed At ,o:.4c ior o,a'
mud 46kO47c for new. Cash sales were reported
of Is 0tU bu No. at Sac; GC00 blu do at 532>
ii, ,2o0 bu do at 5324c, s0D bu do new. at 5oc'
1850 5u rejected at 531sc; 5.6oo ou do AZ PC
<, SOW Il of
1000 bu do at 461c; 800 bu car ut Soc delivered.
Total, -, 8U0 bu.
oa,s We're very quiet but strong at about 114c
above tho prices Of yesterday. few car lots
sold casily at 3S14c, bnt 3Ss4c was tue ruling
price throughout for seller January. aud for
cash lots with that exception. Seller February
sold to limited extent Ut 33ss4c and seller May
AZ 44c. There Nere rerr few offerings. aud cash
OF seller tho month vas generally held at 39c 1t
tho close Cush sales were reported OF z3.400
bu No. 2 at 3ss54c; . 900 bn DO " ss}zc; sl,2oo
BIZ No. white at 3S34c; |, 500 bu rejected at
331zc; 600 bu do At 33c; 900 bu by sample at
4Dc. OF, track. Total, 3UOuo ou+
rive Was quiet and firm at the recent advance,
the receipts being very small buyers old foc
for No. . on &c storage. regular lots OF do being
nominal a: tic CASH sales were limited to 1000
bu No. at 7sc, and 400 bu rejected at IA:
Barley WAS less active, and irregular. No.
was in Ietter demand, and advanced &c, closing
firm at S1.45. The lover grades were lulet. and
ABOUT &c lONEE, IlDo4uS57 VA.4A IVA Ate- " "aA
9sc for rejected IN houses not preferred.
Cash sales were reported OF 1,200 bu No. z 1t
$i45; 4,600 bu do 1t 81. .43; 400 tu do st II ~;
l<200 bu do at Sl.40; lU0 tu Nc. 3 On. W. at
sll6; 400 tu do (N. W. ut SL15; 800 bn %.
fresh, at $1;121z; 1000 bu do ut Sl:l2; 2;3oo
b,l do regular at $1.10; 400 bu rejected at
sl.oo; Lou bu do at 9sc; 400 bu, do At PIC;
500 bu by sample at 51.50; 400 bu do at 81. 40
800 tu do at Sl.25; 400 bn do i. 81 ,23; 400 bu
do st 31.15; 400 bn do at sl.l2; 400 bu do At
81 .o5, Oh track Total, 2j.7uu bu.
CHICAGO, Dec 30, 1879.
To the Edtto, Of TIE Chicago Tribune:
1 wrote tue bull article Of Honesty IN yours
prior to the panic, that there would be prob
abo deficiency ol 10000 to 3d. 600 bales in Amer-
ica from the deficiency Of the crop OF 1873.
This may Jet prove an error. Charles Green l.
Co., the largest hop-dcalers in America. have
claimed that tho Now York crop OF 1878 equaled
that of 1872. Wisconsin has produced 1900 to
Is QUO bales against IL. 900 in 1872. The daiicien-
cy iu cons sumption fre1n causes Eroiuced by the
pnnic will surely equal 15,000 bales; many au-
lhorities claim 20,uco to 25,0oo bales. Call it
1, 1878, the equivalent Of 17,0oo American bales
at tho port OF Now York alone, and probably
5000 at other poipts-or 10000 in all, 80
fur. Wells" places the consumption Of
last season ut 100000 bales. Th1s year it
will te 81, ,0oo. Brewers held OYER 1000 baics Of
0NAeA
United States OF Css to TIC. New Yo,k produced
this year fully 10000 bales; Wisconsin, 5000
New England, G.o0o; Pacific Coast, 1000; other
States, 5000 imports 20 far 20,0U0. aud NC
have total Of 100000 tales, against 5000 Of
consumrtrou,-c it 9J,0D0,-and We hlve
surplus Of 14,0oo bales. '<Weils in d late cir
cular claims that there are at least &C, 600 bales
purchased abroad On American account. One
quarter this amount would produce panic in
prices
Honesty makes d terrible blunder III sayin.
Wisconsin lops are nea1ty all soli They aiu't
bali sold, and ho ought to know it. Sonae I'M
portaut sections tho;e hold ncary all their
hops aud the growers know 1t, and,
therefore, will easily recognize tue
glaring error, and. will not be induced
10 hold their hops and allow Spectators to zip
out. Spectators do hold hops; nearly every
bale bongbt in Wisconsin aud New York on
speculation are held there to-day. These spec.i-
lators are of.ea found TO bo farmers and OUT
sidezs. who we're gulled early By the reportei de-
fcieucv in Germany. but see no chsnce to get
out (in face Of the late enormous and upp.ecc~
tieutod itnportatons) exceps bj tho onect Of
such articles as those OF 81 II ,nesty."
Brewers through tho West ars far better sup
pied than Ills travels Indicate. l, too, hava
been o traveller, aud lind it otherwise thaa as l1e
stated. "Honesty" mascs prediction that
H.