The Albany register. [volume] (Albany, Or.) 1868-18??, 1874-01-31
FINANCE AND COMMERCE
Gold in New York, MS.
Legal tenders, 90ts9lc.

Gold in New York, his.
Legal tenders, 90s9lc.
Late Liverpool quotations. gave
California Club wheat at l4s Sdglos, !!
while Oregon wheat was quoted at
los q l5s Sd. This would show that
average Oregon wheat was worth 50
more than California's best, which
speaks loudly for Oregon. Oregon
farmers have only to see that their
wheat is We cleaned, and sent to mar
ket in good shape, direct from Oregon
to Liverpool, to insure a still greater
advance in price over wheat from other
portions of this coast.
The latest advices from Liverpool
are to the 4th, and they showa decline
in the price of wheat-ruling prices
l3s Cd G13 Cd. San Francisco quota
tations are unsteady at 81 20. Portland
quotations give 81 S2la9$l S5.
Wheat has fallen ten cents per bushel
In this market since our last quota
tions, the price now offered being
90 cents.
AS a matter Of some interest to the
general reader, and to the producers
in particular, we give below Fried
Iander's Circular, of a recent date:
The first halt of the harvest year
having now closed, it may be interest
ing briefly to review the course Of the
produce business during that time,
certainly, in this respect, one Of the
most interesting periods in the history
Of the State. The Spring aud early
Summer did not carry out the Winters
promise regarding crops, for, after
February last, it may be said we had
no rain at all. During the weeks and
months of suspense that ensued, the
high anticipations of the farmers grad
nally faded out, and by July, instead
Of i surplus for expork Of 100. 600 tons
Of wheat, which was at one time con-
fidently anticipated. serious doubts be-
gan to be entertained if we would have
10 spare over 250,O00 tons. The farm
er, in each case finding his own crop
seriously curtailed, magnified the loss
to his neighbors, and instead of being
free seller at 81 60g1 60, as had
been anticipated, held ont for 81 500
s.. The business done in June and
July was. consequently. limited in
amouNt, rates in some cases going as
low as 81 go, but averaging 81 70g
rs per GENITAL. and hardening when.
ever any serious attempt was made tC
force purchases. In the meantime,
tonnage was accommodating. and the
Liverpool market showed great firm.
ness and was slowly but surely alyanc.
i'g. BY the middle of August. parties
y'ilo had tonnage engaged to arrive
abandoned the hope Of low prices for
wheat. and entering the market sud
denly and boldly, secured large quan-
titles in the neiglborhood of 81. from
which point the market rose steady to
8 35 per GENITAL, which was the price
in September. By this time a very
large portion Of the crop Of wheat had
passed out Of first hands. and the resi-
due has ever since been very firmly
held, although prices have never risen
above those ruling in September.
DECLINE OF FREIGHTs.
OF course, as wheat advanced freights
declined, and from September to De
oember, when ship owners had antici-
pated receiving IS for Liverpool, the
ruling rates were G3 l5sge3--as low
"a e2 14s having been accepted in one
case, that Of the ship Baltic. This was
most serious disappointment to own
ess of tounage, and wherever vessels
making for San Francisco could be
reached. either by mail or telegraph.
they were sent to other ports. In thp
course of two months ollr tonnage ol
the Way fell oil over $4,000 tons. In
DoeeInber freights began to improve,
ard. ~ we write, ships are worth 81
for Liverpool. Wheat, as q Conse
quence, has weakened, and unless {
very material rise should take place ii
Liverpool ID january. It is hardly
probable that ii will recover the groun(
Lost. as shipments made IL February
aud March. which must arrive off I'll,
English coast III the face Vf the new
harvest. cannot be exptcted 10 realix
a. nlhM money ~ those shipped EARL
W ln the Winter
ok RECEEITs OP GRAIN ARD SLoUR
Ddring th. lai$t six flonths are give
an IL. aai.AYsd nLlA Ia tshich. far u