, 1876-01-01
RYE.

TIE Mtnkzr FOR RYE has BEEN arEAn1
turing ncarlg tho whole ycnr, uuder q supply
Th.rh scarcely kept pace with the damand,
l,a ugh the latter was considerably intarfered
With by the whiasy troubles, which closed nbout
afty-two OF tho diBtllfpgios for some months.
There ma a rnther largo falling OF In tho ro-
:eipsa Of aAo old crop, as compared ,sith 1874,
Tie yield of thlt yoar having boon light one,
pwing 10 the dry weather, 80 that thero waa not
much tu DO drawn upon, AZ high prices. induced
~ short eales, had attracted largo receipts iu
shs autumn Ut 1874 md the carly winter. Then
the goaaon Of 1876 waa backyard ono making
tho new crop fully ons month latcr than usual
iu stating forward. But tho receipts camo iu
freely ia October. and on the new crop ne have
:eeeivea more to dato than tho corresponding
'lne thu pleyiouB year. In the autumn they
Kele usasly one-haIf creator.
THE NEW cnop.
Tho fact Of sinai! stocka and high prices On
The preceding crop caused farmers 10 SOW =
larger hcseagc but this was about mRie amends
for In quantity by tho fseoze.out, which also
made groat dea OF poor rye. Most OF this was
sent forward to market carly, and during
August and September there WAS real gIus Of
damaged stun hezc, mort OF which wAa aold on
:rAck ut t8DG5c. and did not 60 luto store. II
~as freely purchased by city dssloss, and BhLp-
ped TO LouiAyllie, Now York, Peoria, pttsburg,
,tc., be!ug sold as "n,!xed" in those markets.
HAcn tho quality improved. recuipts wote still
,arce. and thb anticipation Of higher freighss
made froa sellers for forward delivery. noarly
LOCO. .000 bu beiug eold for August aud Hopteul-
ber In addition to the receipts. This depressed
the marAct. especially a. q good doal OF rye
same hero tAat would have goao to St. Louis aud
other sou.hefn points but for tho whlsky
troubles. We 1ecalycd 1yo from considerable
sroa Of territory far out Oh tho lines Of tho
fock Island and Chicago, uurllngsoa Il Quincy
Railroads, ~hlcA ba1iuot ssut us rye la any for
u,er year.
THE MARKET RELIED MON
pn tho old crop, pEicea being soms loo per bu
above tho polnt at Which shp,neuts could be
tz-ds to the east OF tho AlIeghAules during tho
summer nuutha; but thote WAS q good daln.nl
for tue supply Of the West which sustained
puotatlons. The snarkst opened Ut about 9711c,
'alI OF to 95o advanced to sl.00 IN middle Of
Pebr1xry, rccsded to 0Co tAa ti,st halt of March,
ADVANCED 10 <1.l5 by the mldlIo u April, sub.
Iided to Sl.0315 Iator in tho mouth, rose to 3tU5
Il tic cloEe Of ApEia. and fell OF lrtseulaslv tu
Nc carly in July. Anl toso to el.03 by tue mid
3lr o. that mouth when tho uev ctop was roll
luctuated between zoo aud bic III August, BIC
beng tile highest price paid In settlement near
tic close Of that mouth; thou declined to Csc in
November, Gl!11c being tho lowest option Agu1e
Sths tl!ss wssk tn koyamber) and advanced to
S9t Ut the cloHe OF tic month. blnce thea pr,cea
have ruled tirm 1t Gs0s6B11c most Of tue titne,
closing at G7@G7tsc. The average price Of No.
eup to Tho latter ra1s Of july. when tho nav
came On lhe market, waa exactly sl.o0 rer bu.
Tbs average for iho xhola yeaf WAS sa!ic.
Stocks OF rye arc igat all around lilo West,
and tho quality iy good. al Tho poor stun hay-
NIX gone forward from tho farm, aud bcqp
tlGAfEd nH thu ~ unr ,v,t,
tumptiou. Nencs mG4. saaaiers hsva looked Tor
IL AdyAneo. Tbs country has refused to ssi, II
u1Esn. rates, snd recent abort sales hsye ali
sep D4ds BY homo talsut.