, 1877-04-25


!, 505 bn oals. 77s td fyc. 7,166 ba barley.
The foltawInR grain was lnspectcd Into stoto In
this city on Tuesday morning: carr No. 2
spring. car No. do, cars aud 200 bu rejected
do q wheat, against 81 in 1870, and 1os In 1870;
4B cars high. mixed corn, 43 cAfs new do, 10 CARS
ncw.mixed, SO cars NO. corn, 52 cars rejected
do, cars and &, 500 In no grade t2o4 cars cosn);
3 cars whi.e oats, o cars No. 2 do. 10 cars ro-
jectcd do (eS oSts); ~ cars No. ryo, car rp.
tected do; cars No. barley, l car rejected do,
car no crnde. Total t3a1 ears). 1b5. .o0o bu.
inspected ont: "a, 472 hu wheat, Ill $50 hu corn,
!, 800 bu oats, 10, 010 bu barley.
The leading produce markets weyc again excited
yesterday. and generally higher, though some de-
phrtmonta were Tniet. The rumor that war had
actuallY bcen declared sct many operators Wild,
and prices Jumped nbout ~ II the quotations them
eetyea had 0one crazy. This was especially the
case With whent. which advanced nearly DHc per
bu, but with 1css doing. Provisions and
corn werc active ns we'll ~ stronger. Tho
trading chiefly for future delivery, lttlo bust.
nees being transacted With vinw 10 Immediate
shipment Tbs rapid advtnea Ia psiees caused
awtuesprcad calling for margins. aud there was
some embarrassment, but no addttionAl sAspep-
stons reported. other than those involved in tbs
fact that good many trades were settled, and In
aonao casea the debtors asked for day OF Two Of
Tine to realize. Elisa wonder thsfo haa NOT boon
great tleal moro Of this, or OF absolute failure.
The advance has been general, and 80 rapid ~ to
make It impossible to follow. Margins cal.cd ono
day wcru found lnau1iclcnt 10 protect tho trads
into tho ne1t day, und whsrn trading wos cou.
dnctcd for parties at d distance tho calling Of
margins from thcrn could not bo conducted With
sufficient certainty 10 protect tho commission mns
chant from exstnusc personal risk. With such tm-
n1Cnae lines of sh0tta out ~ In this market, II
would havo bosu scarcely wonder II failures woso
reported by tho dozen. Tho fact that our traders
have stood up 20 vol under The trtal argues that
tho busiuess hofn IA conducted on 4 much moro
solid basis than Il gcnssally believed.
Tho extraordinary dtmnoss In this price OF wheat
during The past few days can only 30 accounted for
BY taking into account sc1cral facts In tho Hrst
place, our pEtces were kept down last fall and vim
ter. An acknowledged short crop Of 1876 by &hs
fact thAt tbs tustau surplus waa hurried to u,arket
Ny the owncrs undsf fear 0f wat this spring. They
ehipped II In steamers 10 Western Europe, tnetend
OF tying 10 tho old stys modo Of sail transporta-
ton, and thls gara an unusual supply 10 tho
sumlu4 markets OF the Old World, which rendered
them comparatively Independent Of the United
States. yut the war 10 now fact; and II ID found
that, even II thsso were no war, tho Russsn sur.
Plus has already boon mostly forwarded. Added
10 this ID tho fact that little or nothing eau
bc expected from Rus4la next autumn unlcss tha
si,onla provo to be Of IN exceedingly cphamcrai
duration il found. too, that there Il very little
wheat In tbs NoEthwe1l Even Milwaukee,, with
plttanes Of wheat daily, and California will have
| barely 4oO. coo toas to aIpost from the current
crop. ..
II Itwou,d OF courso be foolish 10 claim that shero
n no rhsas i3fy In the wutld. There arc always
parcels behind which can be drawn out by
| sufficiently high pFtea, and those high prices
| materially lulnAh consumption at tho aauo time.
Thero will probably DO found wheat snoagb In
tho world to prevent starvation; hut tho condition
| Of thtugs woald haye justified much higher
nguscs than wcro current here during tho latter
part OF last year, sveu II ehs bear aud tbs tutkey
bad agreed To live In peace. Wheat Il. however,
generally regarded a. dangerous property now, and
tho trade ~ FapIdly ~ possible; they Intend to
bold aloof I'll the exc.temtntt u past-
The deuiAnd Tor dry goodA was unabatad. and Tho
u,Arket wa4 fairly asn II former dgules. nleachcd
and brown eottons. tickA- denlms. ducks, prints,
hosiery and notions were each ordered un gen.
erous scale. and thu present position Of the market
"a satisfactory 10 tho tsds generally. In the gro
eery market no price changes wsrs developed. A
reasonably. active bus!ness WA In pfogsess, and
sos al ths stsple articles aud for most sIdsguod
tho market presented aIm tone. Sugars continue
scarce. and wore stfohy It tha advance noted "
Monday, slrups aud molasses sympsthlxs Will
sugals. aud seem In a fAu way to 10 higher,
Codeca aud teas slso show = Night lcantn;
In holdnrs' favor. The butter u,arkal
wa without change for ths battsr.. Ths demand
u from hand. to- mouth, and the steady increase
stocks gives prices downward inclination. chses
also Il dull With vsuss tending In the same dlsec
tion. Dried fruits Afu In bsttsE fequeak, and boil
donestle and foreign dsscF ptioRs afs worktug 6sm
e.. The quotations Of layer aud loose Auseatu
ratsins were advanced Sc pes boz, and ptunes wer
moved up another Nc. An advance in Alchlga
dried epples Of We was also noted. Pah war
about stsady. Ia tho market for oils. palnss. an
eoloss no Important new features were developed
tagging rcmaIus dul). I.eathsf, tobacco, coal
aud wood wesa quiet and unchanged.
The demand for lumbss via fair 1t the yard
sad light at ths dock,. Prices wess unchanged
Hardware and natla wsso !u fsIf demand An
stssdy, coma Imported goods being arm. Th
wool and bfoom-cosn snsrkete Wero unchanged
seeds weKo generally active and steady, an
i bide& continue 6sm undst . good dsnan
from ppaeulatoss sad othsk hsysrs. Tho haY MAJ
J ket Was quiet though etsre wcrs orders in se
timothy, which wks quoted hl9hcE. but trading WI
limited BY llzbt offerings, Prairie wAs dulL Ores
fruits xess .tsady. slswb&rrtea heia2 lower aylu