The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-04-29
COMMERCIAL MATTERS.
Milwankee Market.


Since our last, English and continental
wheat markets have experienced : fur
Their depreciation Of values, and at the
close the tendency was still down. Our
market responded temporarily to these
unfavorable advices, but the cold, I'M
seasonable weather that prevailed during
the week has revived the apprehensions
felt for the next crop, and speculative
orders have been sufficient to c6unteract
unfavorable legitimate tendencies We
have these rumors every spring and they
are always greatly exaggerated. A de-
tailed examination Of the reports from
different sections deyelorgthe facts that
although considerable damage has been
done, it is tri6ing in the aggregate, and
will be made up by increased acreage.
Where there is one bad field Of grain
there are five good, but Of the latter moth
ing is said, while the one bad one IS ad-
vertised and enlarged on. Seeding has
progressed satisfactorily, and next week
will see its completion. Along the lake
shore there is but little seeding done,
farming operations having been delayed
by the cold, northeast lake winds, but
this comprises only > very small portion
Of the wheat growing sections. As m
illustration of the reliability Of crop ru-
mors we point to one report Of the total
destruction Of the Michigan corn CROP,
Comments are unnecessary when it is
known that the corn crop will not be-
planted for some weeks to come.
Receipts show steady increase, while
shipments show steady decrease, and IS.
compared with last year here in Chic ago
they are about ten per cent. As conse-
quence cash wheat has declined l to 2.
cents per bushel, while future options are
fully as high as last week. The ''bulls''
depend on some calamity to the next crop,
while the ''bears" claim that the crop Al
| ready raised must be moved, and that it
must conform in price to its export value.
The receipts of wheat on this crop hero
and in Chicago are 2O,0OO,OOO bushels
short Of last year, which would indicates
liberal supply back in farmers hands, pro-
vided this crop was anything like equal
to that Of last year.
| We have no new features to mention,
and as the trade just now is governed by
all sorts of sensations, it is useles to
make any legitimate observations. We
quote No. hard, $1.06; No. l. $l.O5;
No. 2 $l.02 IA; s. 0. May, $l.O2 rs ;
S. O. June, $l.O4 "a. Rye closed firm
at 1T for No. /. Corn Is weak under
liberal arrivals, while Barley is in good
demands from all quarters, closing at 100
| for No. and lib for No. 3.
The amount Of wheat in store is. !, 66l 600 bus.
Same day, 1874. -. $500. !. $4,000 bus.
Same day, 1873 -. $685.. .2,U24. QUO bus.
| We prese.tat statement Of to-days'
prices at the different markets. together
with other figures bearing on the value Of
wheat for shipment. as compared with the
precedin year:
1875. 1874. is7s.
i No. wheat in Milwau-
kee, per bu. ....9 1.024 e127K u ~
Through freights to New
York, per bu % -
No. wheat in N. Y. 81 % / 81 i 68
Premium OH gold .l5K TX Tx
Spring wheat in Liver
pool, per 100 lbs. -8s4-8s0 lis 1853 Ils-f5ss
Ocean freights to Liver y.s
pool, per 100 lbs. 49,. Sd l0Xd 6xd
| SCHROEDER. LINDBLOM & co