, 1874-01-03

lSrau ..,.,.,,,,..,...........-...1 11bo fGl5.oo
Wheat was moderately active, and nerVously
Irregular, within narrow limits, a. aoont Tue
sama ayeraee Of prices as on Wednesday. New
York was Inactive and the ativices from Ii sef-
potl we're unsatisfactory, while there Was a wide
s,read apprchepslon that large quantities Of
cash wheat would be offered by parties receiving
1t this morning on January deliveries. Ih4s
tended to mako BUYERS hold off. There was
good deal Of wheat offored in the first hall OF
tie SEASON, but it was all absorbed ou gradual
decllne Of W. and then the market reacted,
show.ng it to be really strong. There Is gooh
deal OF faith in wheat, aa Is proven by the VII"
liugnoss Of buyers to pay Sc per bu Tor carryln.
it one month, without increase iu the cost OF
stotage. az the advance up to 4c per bu goes
with the grain on delivery. It Is reported tnat
q 00O cars have been taken for wheat 70 Inc Eass
at the rates current last week, in anticipation ol
IN adyauco with the opening OF the new year.
Hence . good demand, and Slight premium for
cash wheat oyar the option to dehver at auy
time during this month. No charters have yet
been reported to load now ana await Inc oe'pS y;
billed direct to Eastern points. Seller
February opened as 91.20x. receded to
81 20 advanced to 81 2879, fell back to 81 .2o?s,
close. sslier January sold at sl.171l@1,1s:
closing at $l.171s. Cash No. spring sold at
the same raago as for this mouth, but closed
relatively firmer, at s1:17H. No. spring closed
firm ut 81 40. No. 8 do quiet at Sl.14 and re-
jacted do weaa at Sl.Oo tash ealos "ele re- Ie.
bu No. 2 spring {part Northwestorn) ut s1.ls
5a, 200 bu do at Sll7{s guy oo 40 at s1.lt5t' J
1,G00 bu do at 8l.l7}4 6. 4oo bu % At S4.lf3z !;
2cooo bu do ct s1l7A e guy bu 40 40. spring q.
Sl141 500 bu DO .: Sll4 81: a, 1,0oo ou te1ectoo
snins at s1.os:: Total. 126 GOO bu.
Corn was quiet, and rAthor woaz, but aver
aged only }{c lower. Liverpool was quoted ns
d3wuvard in tendency, while Now York was
firm; but the increase e III mo receipts, %tn ,ata Oh
almost utter absence OF demand Tor casn lots:
except for local u.s., WAS the principal cause Of
the oaslcr feeling. There was ialr onslnees
doing III options in tile frst half OF the session,
md little afterwards. Alarge paEt OF tue traa-
ing consisted OF turning January opuoans my
the one Tor Fepruary a. B. a,Hefehee OF l1.@'i91;
III favor OF the latter senef IooInaly ope'ol
At 541c advanced TO 55}sc. and declined slowly
to sage, closing It 54z@c seller January OF CASH
No: = rold at o3!aD2Sssct closing at 9ac;
Seller May SOLO at ooe4S2119o. New 20. c'oaeu
lover at ~ He]eetet elosea @ a. ols tot ola; q;
!. 600 bu No. as $3.50; l5:0oo on 40 ~ oo1ao
400 bu do At $3.50 SOU bu 10 At ast4c
; SUI bu % at b31so l.Goo ~ ~ 40 ne" q. 49e
400 bu rejected " 5!Hc; ooo ou 90 ~ oze
1000 bu do 1t 5lEe; 4u'! bu do at 5ie; s,2oo % bu
do new at a6c a0o bu no CRAZE a. ZIG. 1otal'
44.200 bu.
Oats were quiet and steady, ak decline OF
L@14c; the inside on cash lots, and the outside
M thn }onpcst ooiinu. New York was quoted
f;r,ner Int there vns mn dennud hero e1c5 ut
for February options in exchange for cash, With
L01c thrown 10 .sto boot" Seller the month sold
at 3311@ 9S51c, with cash lots q. the inside;
seller February. at s91Ec; aud seller Nay a
4s1zc. Rejected WAS dull aud nominal at 33@
e91Zc Cash ea1aa wnre rennrtntl of % AGO bu
~ . a. s3Zc 'Tn,a, % 40{l In.
NJ a,,, osa'i a,' II I,1es, n,n, IN thu fart
Of slight ncreaso in the supply Salas were
limited to 80e bu No. =, on &c storage. ut i1c;
and 700 bu, by sample, ut SOC. Rejected was
Hsriev VA nore active AZ about tho same
a.,'.a ~ 80 -. -, wa5,osior ~ al ieo51 AZ
iappu - p1!ees 20 "! ~ Heuis0un1' - HWG
LOT no. 9, @l.1u/3ta!1-4a iol NY. aAo ''e0
Sl.oa 1ot lelcctea. .ne 1anee .! ps'ees % 'a'i!u5
iAsnel M'n tue uaso auo 4osateu ~ ,aasae
than with chahse III thc tone o1 tue maFkess'
WHICH, however, c'osed tame' t'sn sa1es ae "eto
reP"1lea q ao6 15v' m NJ a. ~ 1e - 5 oJu n " =, t
at s1.4a Soo oa NO. . o. 9t;da; l5.ouo " & 90 ~
Si,G 4oo ou 90 a. St'da' 3uo w w ~
4uo bu feJected At S1:u1 1'@uo u. uo a ~ 2A-oo
4oo ~ 90 at ?se 4oo ou 90 a. a. yc; ooo ou ,a ~
sanple o. no ns1ve) n 4ou W ~ ~ d. ~
6oo On go A. 4uo pn 10 a. ~ ~ ~ raM ~
lorna 20 art1se, on PsNa1o te1"s' q4l on s1a'cA
1ola1, ~ .ooo gu.
1he apoVc named t!ansnc1l?n 10 lahlol'lla oAl-
icy IL e4p1alneu W ths iollomluS luot n;1o. 1tol
an e1chahge, puolisneo On sao RACINE coast:
There vas forwarded from sscfainento 70 ino East,
anu 20 G ~ ot ~ s9, ino ~
~no ~ n -, ~ no ar ''' s4t
o1'~As ~
suAorIAS 1;ls. nanAEas. 10. .;,.a ~
,o' ane iulioM!ns ~ o4spatca7' "ole 'eee1'eo VA
cnanee 'o-oas:
LoEDos, jan. 2-oargceb on coast, wheat 1I mEFov- W
my ecrn q'e,efs eafsoss IN mnsa, ant a
nf cast M Cd DO for ahiu,ncnt in Fabrusry md
March. s. fscos id cnrgoes California wheat o coast,
els GA@tss do on passage, e7ess7s I'd.
I1vEnrooL-Wheat firm. Corn downward tendency.
LlvEnroo1., Jan; I'll IL 2. 1n.Lf.ou6, 2sseSaos a.
winter "aea,, ~ 90 Ins. - ~ ~
~h'e VI By ts ~ ios ~ ea;nts ~ sn 2os
.ho lat three days 600 ors % co5 being American
LArEn-aN p n,.-Breaastntga quiet. Corn, s7a Cd.
LArEn-5 p. m-Markets unchanged
THE GREAT FREIGHT RAILROAD.
10 The Ed1tvr al IXs Chicago Tribune:
SIN: II we are replly to have new railroad
to Now York, built under Government CHARTER
and favor or otherwise, lei us have graua one,
worthy Of the wealth aud crest inland commerce
Of the country It is practicable to so construct
q road that trains can run at two or three times
the speed they now do. and with greater safety
The srecd is governed by tho number Of stroaes
Fer minute Of the engine and The size Of tile
tiriying-vhcoi tie latter canuoE 10 of greater
diamo er on baso as narrow rs the gauge now in
rcnora1 ,,so IN hnva lnruer 1riyi1fr-Whaela Yo