The anti-monopolist., 1875-09-27
Weekly Letter Of Shredder, Lindbiom & CO

| The last few days nave peen uiooo
trous to holders of wheat. Large re-
ceipts. and very limited shipping. de-
mand produced a weak feeling, ana Or
ders from the country to sell, together
with considerable wheat that was forced
on the market on account OF exhausted
margins, broke down prices fully . cents
in DAYS. The .'bears'' were not sell
ing but on the contrary were buying 10
their shorts to large extent, ana nave
AGAIN reaped a harvest from country
dealers. The feeling at the close was
steadier, but should orders to sell arrive
from the country to any great extent
next week, a further decline isprobaole'
II all depends ON that. We have now
reached figures that in the opinion OF
the trade are below the average price
that the crop should bring, but buyers
will of course take advantage OF any
present oversupply and the remedy Is
only in the hands of the producers, ana
: nowhere else. There can be no reason
; able doubts as to the wants OF Europe.
!. Our surplus will be wanted; ana as the
} amount available for export from this
e country will be short OF the exports OF
{ last wear. we have no hesitation IN ex-
5, pressing our conviction that present
Z prices are low enough, as measured ny
) The supply and demand throughout the
world It is true that the prospects
le abroad have improved, but with the ex
ly cention of Scandinavia no country ha'
le even an average crop. Specuiation ma.
y reverse all Legitimate bearings however
ne but not for any length OF time' am
re holders should not be in any great nas''
Ut to part with their property at depresse'
d. prices. We have had no eastern order
al on the market since the commenceMea
p of the new crop, and as the amount
sioht is comparatively small. we ma
oe expect a good demand as soon as easter
lat BUYERS can be assured OF the quaiity
or our wheat and after they are satisne
ny tnat the free movement has nao tne III
ID effect on prices here. Everybody seen
* to be waiting for the demand to be ma
ng ifested before they dare to invest.
to- We quote closing prices: NO. har
zen .o5: No. /. lie l-2; No. 2, I.lu D.
% No. 3. SO; No. 2, S. o. Oct. los oo;
tue o. Year, los.
ie~ Barley has ruled firm and advancin
an- There is no attempt to ''corner" the ma
ket. but the market has cornered its'
and i. now looks as though sellers
the September Barley would be unable
make their deliveries. We quote
are Cash and S. o. Sept. 1.16 l-2i D
%. Oct. LOG; No. 3, S3c.
ne Receipts. Shipment:
q to 1915 Is74. 1875. 1S7
,ces r,onr h,s 1879 1850 1854 "a.
Wheat. bush, 66l SAG 49,. 1853 58l, lA 4ss.
ess, Barley, 5s,s5s 4e.64l 6i,osS .
me The amour, of wheat in store is $40. 900 t
{ of Same day 1874, - mo
The receipts of -four and grain 81
:, port from thecrops Of the last three yea
os from Aug. %, up to date. were - foIio~
unrn Rsrs WHEAT Bus- BARIKY
1rs 81 .34O 9O66, ,479 Ii
p uP ls14-75. l03,3 2,4N,9 ,9l6 io iso
lnan ls73-74. 74,l65 5.S2o,sio i4S
late- We present statement Of to-day Pr
Tess' At the different markets. together WIN
ope, er figures bearing on the value Of wnea,
IS so shipment, as compared with preceo
= &c year.
tson. 1875. 1871.
neat. No. wheat in Mil
I'd of wsukee per bssh- lilo 81 % -
-eicn Lake freights to Budalo, n
C.nal freiehfs to r. Y. 81 III
No avhest ID New York, n II l
Premium on Gold, loA
FneAt Spring wheat in
: ex- Liverpool, pr 90
ump- 100 ihs. dsiv -