New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-10-02
GRAIN AND PErROLEUM.

A member of the firm of Jesse HOyt & Co.
o, s,uti,t leading members Of the Produce Exchange
and among tho heaviest dealers in -four IN this
city, said that while he wa not J prepaT'd co to
sled that there WA, was .. fSoa i To''f Srg,ss
sc troi,iJa hai arisen in breaisuT owing 10 msea
csti0n The English crop had been damaged b. neaYy
rains, whicn extended up TO tne cary ba.yeEnS, MS
o ,'CI.i' oyerstSckSd and .hefc was apprehension
that there we.o many shipments coming A5
In ttactr and there was an immediate stop in this
morict m. adyanre had been raised beyond all regio
able figures by heavy speculation ana |neh We
p,e heir proper level The result IA that operations
are based legitimate prices, and are made Tor ue
NV" tho ends OF spectators Much OF the wheat crop
ia the United States has been 9cfcrc'y d1'Iag,u' ana
there will no. be an extraordinary showing for export
,t 81. r ro5s abroad arc not abundant, ;hcsr VIII b.
good demand FOR III the cereals tat this country car *
orf and prohta prices will received 1t Is alr TO
asslr that In proportion 10 the activity and profit IN
9d}tuns there VIII b." q corresponding ac'NuS unu
profit N other branches Of t:ade.
Another leading merchant in the er2in trade stated
tina. in the earlier portion Of the season confusion had
been created Ivy reason Of enormous Shipments OF
breadstufs to England on account Of IN over
h,, me h,,vv rims Tpe demand t0r gral for export aud
me manipulation of hc market by sP, uIhop,a ctased
larsc advance IN prizes bIt %nsn t me- i' ,hs
IHeiish martet lad been 0yeistoctcu, prices
The reaction was also assisted by forced atom on
me- MAJ ~ Veal holders OF grain. The tric therefore
conf, only he considered fr Dut he believer iIdi mere
yyonll b.. good demand FOR export the question being
whether or not tie pe0po here coud supply ,Ac 5tt'.
of What required. IGst year tire LHgl-h lndrHtt
called Tor o low grade or wheat This year lEN uih az
i Tor prime old" wheat The crop ~ 'hs country has
been Largo OF it, kind, bat il is Of poor Kind some
paris of the country do not turn out any prime
,,',aat. New II the foreign markets. VIII lAe thio III
f,ror wheat there viii be laTSc sl1in'ni6 some OF
In those markets Will probably tag" AIRY Wa, ana
the trute VIII bo mueh liter ~ moe pT Pr, -
than tfg.c g. &c present, Much o. the .et go tt. ls
Htriiutabc 20 the action ~ uv'r'ocElh- i:t Ai-sh
CEicIgO MAI kyj.. I.eSpetut 'It Ai,. 81" ~
martin down tic price 81 Grain tid tie tLs''i Gra'T
think ai they need D' iu 30 hurry 20 hi rs tres can
ct what they want Ht atJ Iui' ana li't2 ~ prizes
lover flan lie present The aic viii come, olth"ugi
Z may be late.
One Il the largest provision pac'er and dealers be
i,no, To he Produce Excaa4sa said yesterday that the
trace in rro ion. yas never better that IL dealers who
attended 20 their legitimate Juinc d.d not make n.neJ
il yes heir Own fluit. NcWlot mad ti u,"rh OK is
done 80 Chicago, Cincinnati AiiNtus g. tid "i,.i
Ne.sera cen. rs, hut tie trade tir"1sh"ut l.t
country IVES good. There was q Good de-
maud Cr exports a probable prices. tho EgiiSh al
I,t. declared tla. Prices were 100 high. and thy Votl!
,f b Iu AZ spl ;s thtiF necessities veg" apparent
.bey were glad 70 my and ny me Trcas asked iha
provision slirs was cNt-tnE Jciii., thd "ISiho O
profit 90 al vino followed 1t iaitiE.
Charles Pratt Of Charles Pratt & Co. petroleum dealers
and r,fasr. ia Pearl-st said that the petroleum dealers
were doing something, bat were making small pr fits
Iare, number % persons hed been compelled 10 leave
irr bts!c.S some tl.2r ago -GertU-t IicF cOa.t
mako no prcht. Those who remained had cat their
erpcsrs down 10 the lowest point ana were tHGs en-
nj very low rates. AZ Tie present time shpucai7 we're
lighter then d. he period iast year Tho stock Aed
&hioad however lighter. aid soon tiese iahss be
heavier shipments, which would cause more de"'Iy Ia
frr trad