, 1874-07-27

|
loT securing the crop, and thu ndyioes from othu
polnt1 gnyo no encouragement TO shippers t
operate, Flit!o tllo pronIoot Of corner on thi
g esss sS" Bt In 1ecs, ~ 0Esss Es2n ;n.s aud hos @
and leaa than ono-third tho volume of the 70
porscd ahpnionts, which, with ratllorttg4t gtock
m m, store 1ntl. tho anticipation that receipt
wl'i 10 small Tor Houao wochs to come, proronto,
light, Tho bulk OF .ths trading waa Il, options
Seller August opened at tl.6a%, dcolInsd I
81 soo n''9 r. eosed at sloo Hoiler tlie onti,
ao,fa or Gash 40. : spring, sold a a1.0s@1. .08l1
10. 1yip srng sSpssSoh s1S"sd nonns' sGIt
at sl.ll No. do Ut ss1.ol aud rcjcytol i;
o. oVc. Minnesota wloat cloHod ut slid for No
=, md a1.ls for No. l, lscd winter Whoa
s1os1 slI Y for satf No. omsna o st s,2T for No
I Caah saleB veto reported OF 1900 bu No,
sgrlMg At $1.12h4; 12,200 bn No. . sprng n
xl.oa1; 20. .000 ou do at $l0S26 %, 600 bi, de-
Ct LUX; 6oo9 bu do at sl.o5S; ajS Lu do n a.
ht 9oo; 400 bu No. Northwestern (Afinnosotn1
$i.ls; @ ,2o9 bn No: do at f1.1o i 400 bu dc
g. Sd.l5 400 ~ NJ. rcd winter at s1.l9t6
1ats oH 10 ao aS a. S1os 400 bu No. do ut s104
Corn MAS dnl and relatively stoadv. as mn
average decline Of 1155o on cash lota aid Ia ot,
sne nntn, ol'tien, TO- deliver next mouth. Liverpool
largo, while the shipping movement draTsed
badly. though lake froighta woro weak. IIo
sepGoallis In easl lotN. which fact explains tho
aa1aaen sanma fot OF aa ho premium or July corn It
| day we're takon by the July shorts. oxcont
what was bought by vessei-ownors to 1nad
rltll 90 they found timpossIb|o to charter their
1relght rnom s: even az tho present r,,nously low
rates. Iho short interest for noxs inontl,
Eenoral1y abBtafncd buying, aa tho rneointa nv.
!tnuo larger than Inns boon anticipated. aid tIoro
Ia no sign Of exhaustion wl,ilo pl osons prces nre
nase pasa No 1or tho property se1lor the month, or
1 o'clock. declined 10 and olosod fl ror uor IT. IT.
6231@e3o. sellor August sold at 6fXaao2os' 63 e.
G. Cas-, ,ses Sfs oro 1ena,o aa feesod q IN r.
at e3o 200 bn do II o2No S9soo Sol Sa Sm %1sd an 90
62No; 19 ooo bu do at o2S&c; 5000 bu do do as as
Gal5o; 10. 900 bn No. at 1o; 5000 bn IN ~ a.
essHoi g300o ooo 9u DO nt 6911c; 10000 bu do at
az: Su ~ ~ DO d. ss e2o Il G 1900 ~ Do At
lg7 600 bu do at 9224o; 300 b,t do at e5@5o:
66l6o. Total, sos, 800 bu. 'os''u ~
oata aa,1s Toro dull and wenk. Tho leading option
under tho prospect Of better nuppjy. Il oponof
Ct 9GAo aud declined to go at tho cioao. Bullnr
Juiy Tell OH 4@411o from Fridays lowest ouoia-
hon, under cessation Of tho demand most
Of asl or the options for thin month ARC reported
oata little better than tho now, % ali TINT thav
wero kept for waa to fill July CONTRACTS
selcr tho month opened at 50o, aud
declined to 1o11o At tho close. Cash oais were
nGes nnaalsnls The local feoddealora lad
Prevloos'y bonFht enough to supply curront
wants, md fol- back when 1t was found thut now
oatu ara beginning to como In freely. Old Nc. 4
opened at 5Go, md fell OIL to 400, closing at I'm
inside. na: Now oats sold rather slowly BY Sample
quo By do et Gao; coo bu do at 50o 600 bu do ut
go; 6oo bn No. wlito at SEC; 1,2oO bu by sau.
PIE white at 5Go; 1.200 bu do at $50; coo III do a.
ea0 ea0 axgo 1l 40 mixed At $50; COO bu do at go
OoU pM 40 g. 90 6oo bu DO Ct 90; GOO bu do
6oo Du light mixed at 5Go delivered GOO b, mixei
as 800, fec on board. Total, Il, 900 bu,
HYo WIS yory quiet. on account Of lack Of Of |
[e9ihngs; ana advanced p por bu further undor
No; 2at BIO. Norge was inspected ia this n,ornjno
sna thoro ie scarcely anything bore 10 trade o.
Distitlors arc waiting rather innpatioutly fnr
o, receipts, It not large onos. ~
r. FATTY AZ t}o was .7ao. ao. aud firm ruling
'omoa IN very slowly and thnro is scarcoIy
enough in hand to trade on. Nav No. q. aolIar
september, sold at 81.0l. and closed nt si.o1 bid
81 i x59S Is a1ks IKE no csah oe barley as quoted
5c for rojccted Cash Halea wero limited to ain ain
III by sample at 3l.10; 300 bu do at 81 "a: 4o0
y ,an &c "a, At $50; aud 1000 bu do at 800. Total.
,4ut Uu. |
LUMBER,
The Northeastern Lunlter,nau for In1v c,;vo,
retrospective Wow OF the lumbor-trade in this
tty FOR tho past twonty years. The yicjsaiiu1as
!, I Tue trade during that tiulo hayo bvon mani
o1a, ranEing from a, rcetrl tod busineue, owing
sansportation, through rapid deyolopn,ont to
10 present stage OF overproduo.ion, We ao-
uco the following: Chicago, as O lumbor.cnntro
as very small In 1868, aud about on q par viii
,ch fsair1t heto , "oIe no railroads carypg
cal. Common lumber aoId at a7.Wj
'r N. Times woro hard, owing to tho fnct tl,nt
70 70 crors IL the Northwest, whoat particularly
az = 'noTn. M ABOUT tao soar 1854 the oxtcn-
ehts t. to tue country and caused m ndyauos to
la.ou In l655. In the two yours following, tia
heat improved. until tho current prIco IN 1857
~ Siooo Ihe Rolling Of lnmbor BY cargo By
'sineas being conducted to that time By mauu-
oturors. The panic Of that year ca,,ned lum-
r. to doolino to $1,000 and in july. 1863 to tia
$500. THIS lust decline mas tho
t. taI,oLt Of an do,Dn.a oyesasupply and lis attona
go; and IN 1aG5, $1,000, but soon foll, owing j.
the rejection Of the papel-monoy tIlcn circns
amg d3 ra,.,i ~ the oa Vest to $Goo@G6o aoAt aud
ices rapidly advanced. and tho luubor. .businers K
8 very profitable. In 1868 ,cnrgoes sold Ill 14 Il
your following ut sl8.0u up to $3.50 and G
g9q ~ J., at @ potal Prices ranged bosweon ,le0O@ e
w N ~ 1879, and opened as $500 in tic sucond =
70 until Octobor, 1871, tho fluctuations woro Il
gut. Just before tho groat fire prices rangod Il
n 3l3:o0@19:50. but immediately adya,,cod u
.Ssl6;0o@917.oo. During 1S79 the range was !"
pEiss uas snd es S t lsts sooa tho fe Hpea =
o. o.o a9d aftor 1le panic to ss.oo@s60. Il Il