, 1876-05-20
Withdrawn fsnn store on Thursday for city ceu-
sumption: 2, l4 bu wheat, H77 bu barley.

". wheat, car No. spring, 90 cars No. do,
II cars No. . do, lB cars rejected do ne whcat);
II cars high mixed corn, 20 cars and 8, 600 bu No.
do. 10 cars new mixed do. "a cars rejected do,
cars no grade tl1s corn); cars No. I oats 0
cnssSo. 2 whito do; 10 cars nni I, 600 1m No.
eats. CARS rejected do eco rAls); cars No. 2
rye, 6 cars rejected do; 12 cars No. g barley,
car No. . do, car rejected do. Total (2G5 carN),
III, 600 bu. Inspected cut: TO- D31 bn wheat, D0,-
651 bn corn. 10, 1872 bu oats.
The direct shipments from this city to Europe
last week included 20, zoo bu wheat, aa3, 2ss bu
corn, 0, esd boxes meats, and 7, LOO tca lard.
Large quantities OF grain arc now daily Trans.
fcrrcd from tho railroad cars Of 1inc to thoss
OF nnoshcr, Roar tho ontsklr1 OF this city, ii u
cost OF lcsa than 6oc per cat. Tho process cm-
ploycd IL hand shovc1Ing, without any other ma.
chincry than that supplied In human muscle; tho
grain being shorc1cd ont OF car into tho other.
Tho wnsuhousemen have charged 81. 90 per car for
trimming, which simply mems tho lcvc1Ing Of the
grim In lilo car A. It is poured in from tho osc-
vator. They hayc defended this charge rs per.
tecty legitimate, whereas itnow appears that morc
than twlce tho wask Is dat,y doue fos halt the
money. The watchousoncn havo not killed tho
goose which inys the golden egg but their r1tor-
tlons hare drawn It on to lay It's eg1s elsewhere.
Some Of tho grain thus transferred on track
changes oWnefshlp In Chicago so that the lccreaae
in The Volume OF our grain trade Is not quito 20
great a. would appear from comparing tho daily In
srcctlon Of now with that Of former years. And
OF shat which is billed through 10 sold hy Chi
cngo rartica. Thu market, therefore, remnins with
III still; but 1t nocds not much philosophy to 400
that the market must eventually follow the grain.
ttWhere the boy IL, there wiz! ths eaRles be gath.
cred togother" IL as truo now a. In Tho days when
the Good Book was written II tho grain does not
coma to Chicago the marriott for 1t will not long to
main hero; and city will then cease 10 DO tho
distributing point Of supplies 10 the Great West.
ouE rnsned walls will then only remain as monu-
nncnt TO tho departed grcatncts Of Chicago, and \
lsi1ng inscription thereon would DO: s.Dcad-
Blind avarice killed her"
There ia evident disposition on The part Of tho
warehnuseuen to recognize this fact now, and q
Willingness 10 meet the change tn the sttuatfon;
bnt the case Ia no had that they car. hnry rcstore
the grain trade ta its former volume, by them.
selves, even II they willing u give their SER
vices for nothing, they cannot be expected
to do. change In The rules of tho Donrd Of Trade
IL Wantel, AMI must be H,nao before tho dcs!fed
reform Gun be brought about, Under the operation
Of the well enoueh-mcaut rules for the prevention
az corners our market has dcgcnerated Into
utaehtue which IA chiefly run 10 tho interest of tho
bears. II would be best 10 hare 1t 80 conducted
that It would favor neither hide at the c1pcnso OF
the othot; but, II II must lean al u It was cvi.
IDENTIFY 10 the interest Of the city and The North
wtst7 ~ producing section, that 1t should tend
slightly upward, rather than the other vsy The
better prices Tho farmer ia able to realize for his
produce tho more money will ho have to invest In
tho grpcerics, dry goods, etc., which Chicago
merchants hare to scll and It docs seem to bo an
especial ahauo that while tho farmer IL *spro.
tcctcd" Into paying tho highest prices for nearly
everything lie has to buy, he should be protected
the othor way, by tho local bear interest," into re.
ceivtug tho voy lowest possible prlcea tor what ho
has 10 sell.
Or connc, Chicago does not make the markets of
New York ana Liverpool; bnt II Ia unteniable that
the corrso Of prices hero exercises an impor-
tant influence on the quotations there. Never wna
this better cxemplthed ttnn during tho past two
months. Some English dcalars wrote: "Our mar
kct hns declined because VIC have been offered
wheat by Chicago ahippcra at Cd per quarter less
than the current quotations here" Others tele.
graphcd: "American corn offered to arrive at less
than We arc nsklng for the sano." What con,d
Liverpool holders do nndcr such circumstances but
to give wayf Thcy did 40, aud then the quotations
of "cas!ey" cahsd from The other side Of the At.
1antlc, farniched cur bears with an argument for
putting out another million bushels short which they
never expected 10 bo called upon to deliver; and
that In turn prodHccd 4 second weakness In Liver
pool, which REACTED hero. Our market has mover
been kept below tho point It which ahipmenta
could be probably Made to other paces;
and II L. no wonder that country hold
ors Of grain havo refused 10 scnd their
property aero 10 no k0lu under such
conditions. We have In mini one case which oc.
cured two dnys ago. 4 lot n corn had been
bought in tho country during the winter by Chi.
cago hrm. and sold here to be delivered 10 May.
Bat the Chicago firm found TINT 1t could make not
1css than &c per bu by shpplng TIC grain direct to
the East, and buying In tho May sales at 48c,
though that aGure was nearly &c premium over jane
Tho grain was ordered shipped to tho seaboasd,
and will not touch Chicago II will be noted Tint
EH tlCF hf1 In Pr fhS%
Irregular" chasgcs for ssorags, switching, snd
hnndllug. The othor &c, aud morn than that, may
Ia safely aet down to an unnecessary depre4son Of
the price Of corn in this market by thu selIns of
tmmcnse quantllies for futRru without the inter.
tlon 10 deliver It,
Short sclsng 10 we'll enough In l.as way, and in
extensive grain business could not wcll be carried
on without II, bnt It should always bo conducted
under rules which contemplate the delivery OF tho
property at the maturity Of the contract IL not
previously, and tolerate no attempt 10 svade the
obligation rnlesa under extraordinary cirrum-
stances. Whom that II tho case tho market will
aeldoa b depressed by short selling. far below
real value Of she properly shipment md owners
OF grain in The county will not Aud discsmipa.
!on Of sovorol cent? per bu against them in Cbtca.
&c. whare they ought to be ablo to obtain tho beat
price ruling lnssena OF tho least.
TILE MAnKnrs.
Inh leading produce markets vera lest active
yesterday, within rathor narrow range Of pr,ces,
except IN wheat Tho adylces from other potnH
wef" rather connlet!ng, bus tho local coud!ttons
were much the aaU,e noted for two Or three days
pa4t-tho receipts being moderate and the weather
unsett'ed. Tho shlppiuE movement waa agaia
SLOW.
In tho dry. goods market little change was notice.
sble. In moat departments quirtuds prevailed.
and In noue was tho movement Ut oil brisk. Tho
tenor Of prices was again Htcady, Jobbcrs Of gro.
ccrles wcrc faiFly busy, and seemed In good hu-
nor, No prlee'chapgea were noted, tho market
ruling steady At Thursdays quotations. Dsicd
fruits wcre in good request at very full prlccs This
ash trade was qpist Cod waa 6rlncs. Whlten.h
Wa l0c lower; other kinds unchanged. There
vaa weak market for butler and cheese, tho ton.
dcncy In both Of these aaplo articles being unmts.
tsksbly downward. Tea remains quiet and easy.
This COST 4ud wood trade was Qalet at fota1of quo.
tat!ons. Dngsing was nomiuslay unchanged
though theTo Ia soulo likelihood that slightly lower
prtcea wifi aooa prevail. Leather romans du1f.
Oils were In bsttor request thnn Oh tho preceding
days Of tho week. Tho changes In values weEo