The crisis. (Chillicothe, Livingston Co., Mo.) 1877-1878, 1877-12-06
THE MdRKETS.


We are indebted to Messrs. Powers
Lynde & Co., of Kansas City, for the follow.
ing reliable review OF the grain trade:
Whcat-In winter wheat values we have
no decided Improvement to report in our
homo markets for the week past, while
spring wheat has advanced at different
points from | to Sc Il bushcl.
Leading foreign markets are unchanged
with English and French country markets
shade easier Supplies continue pouring
into Great Britain, adding ,0OO,OO0 bushels
per week to stocks in warehouses. after
supplying the necessary consumption.
The fall OF kars, and early anticipated
capture OF Erzeroum-the last remaining
Turkish fortress in Asia-sccm to have
stimulated no excitement whatever in Eng
lish markets as occurred in the beginning
OF the war. Add to these Turkish disasters
the almost certain reduction OF Plevna at
an early day. and consequent capture ofthe
only Turkish army left, the quietuds Of con-
tinental markets is something entirely un-
expected.
With these successes secured to Russia
there must follow either peaceful mediation
or armed Intervention by other powers, ard
ut this critical time the indications point to
u pre-arranged policy for settlement be-
tween the European powers when the time
is opportune.
England though most Interested, seems
most Indifferent. In the event Of an early
peace our markets must necessarily expe-
rience a serious shrinkage In the values Of
all breadstuffs, while on the contrary, should
the war be prolonged values will show O
steady appreciation.
Throughout the middle and western States
the unfavorablc weather Of month prevl-
Gus has continued throughout the past week
retarding shipments from interior points
Much OF the strength OF our markets Is due
| to this fact. and without some Improvement
| in foreign demand, free deliveries in the
future will bring about lower range o
prices.
Receipts at western Lake and River ports
for the week ending Nov. ~, were $50 00(
bushels less than the previous week, while
shipments from thence for the same tim,
were 100000 bushels greater.
Export clearances for the week endne
Nov. q, were 1,25S,12s bushels, or 36O,OOI
bushels less than previous week. and "visi
BILE supply" has increased Nov. II, to H.,
412,235 bushels, a gain of 1,6O0,000 bushels
over tho week preceding.
| Corn-A better feeling in corn has In tht
week past developed in foreign markets
and prices at Liverpool have advanced
pence per quarter.
Export clearances show q slight improve
ment, with stock in store constantly de-
creasing, showing an amount in sight Nov
1, 1920, ,243 bushels. The same uniavorahlt
conditions OF weather have delayed ship
ments. forcing prices during the past wcel
| from to 4c higher.
Reports from various points in the corr
growing sections seem to agree that tn,
new crop is no nearer maturity than it wa
three weeks ago. With season OF clear
frosty weather, the movement OF corn from
interior points would be an immense one
Oats-No change in values from our la5
review, or In movement to the sea-board
Visible supply" Nov. II, 9,579,043 bushels
Rye-This cereal shows fair apprecl
alton for the week past, together with al
increased movement to market, "VisiDl
supply" has Increased 100000 bushels
and export clearances for the week endinl
Nov. 2l, are nearly double OF previous
week. indicating greater attention on tn
part Of foreign buyers.
Freights-Dispatches report a reduction
OF all rail rate from 40 to SOC per GENITAL, oi
grain from Chicago to New York. LAX
and rail freights unchanged with light in
qulry.
New York-wheat dull; No. 1. Milwaukee
spring S1.S6. Rye, western. z
and 74c. Corn, dull; High mixed, 62C
white western, 66c.
st. Louis-Wheat lower; No. 8 red, $1.2l
Corn Ate; Rye, active, 56c. Cattle. bes
shipping steers, S4,OO "a S4.75; Texans S32
a S.25. Hogs. packing, S42O a $3.50.
Chicago-Wheat, heavy. No. 1, sprin
S1.0sA; No. Q, 1917; Corn, 1910; Oats, q
Cattle. Colorados, 1886 a $40: Texans
$3.50 a $925. Hogs mixed packers, s4,S
a A.55. Light, $40 "a s4.hO.
KANSAS Cry. = Wheat winter, No.
| s1.199S; No, 8, LOG; Corn, No. 2, 322
Oats. No. l. Is. Cattle-Colorado natiy
, steers, $50; Texas steers, $50; packin
: cows, s2.4O, Hogs, packers, s4.O5 q $40
stockers. $3.50 90 $3.50.