, 1877-06-16

intcrfcred with BY copions rains.
The leading produce markets wcre auiet yestcr.
day. and relatively steady. Mort OF them were
dull, In keeping with tho weather. which whs
muagy enough 10 mako people miserable without
being opprcaRtvety hot Tasnre were row orders
here from, outside, and the trading seemed 10 bc
chiefly local. with moi mnch news 10 cause change
IN quotations, etthef up or down. Tho shipping
movement was light Tho peculiar wcathes was
generally voted to b4 bad for corn, and there WAS
again talk Of shot corn, hat no foundation for Il
other than the fears Of tho takers. The Chief In.
tpccs0r Of Grain and a number of the Committee
on Aprcnis from Grain inspection wcru inter.
Viewed on the subject and both declared that shcro
Ii not 40 tar tho least foundation in fact for any Of
tho tumors that have been hoatod abont In regard
to It. We note that holders Of corn do nat Fcen
10 bc distressed; It ID lie men Who do not own a
hushcl that arc afraid IL will spoil.
Dry goods were qntet and atcady. The grocery
market had no specially nav features, fair de-
mand existing II substantially former qnntatfona.
Tho European becs.suRat crop for tho season Of
1H70.7 Is now given At 0D5, 600 tons, against
1,1l7, 681 tons for tho previous Season; l. 49, ss
tons for 1874TS, and !. 1g4 248 tons tot 1873.TI.
Tho prospects for the next crop ars not promlsing
the nrca under cultivation IA very llttc laTgcs
than that of last year, and tho weather has been
such that tho farmers hars been unable 10 deyote
tho usual attention 10 &hc culture Of the root In
were effected al very fnIl prices. Chccre remained
weak and unsettled. In sympathy With tho Eastern
market There Was a good degree Of activity In
tho fsh traIa at fAlly sustained prices. No changcs
wcro apparent IN tho market for oils, paints, nnd
colors. Leather. baaging, tobacco, coal, and woul
remained qnlet and unchanged. In foreign and
domestic dried fults aqalct business was In prog.
rers at generally steady prices. Truncs wcro weak
and We lower for now
The lumber market was quiet and atcsdy. Tho
offerings wesc amall and soon eod At recent prices.
Thu yarl trade continues good, and most grades
arc dem. RFoor.coln was quiet and hrm, tho
bulk Of Tho stock in the West now boing In tho
hands Of few DEALERS. Wool was quiet and I'm.
changed. A few email lots Of seed wcro sold, but
the orcrlnca were small and tho market necessarily
quiet Hides were stondy. Timothy hay was in
fair request and ateady, and other grades were
dull Potatoes continue drtn, tho supply still being
Inadequate. Poultry waa slow. Green fruits sold
tcadlly, and strawberries wore hrmcr, owing to
snn1or receipts.
Lake froishss worn moderately active, At I'M.
changed rates, on the basis Of &c for corn TO ua.
10. Room was taken for 4, 600 bu wheat and 115,.
900 bu corn, IL COO bu oats, and a. coo BIT barley
Rail fsetghta were dull, but nomtnally steady at
former satea. To New Tork 3oc per 100 bs on
grain, and 41c On boxed meats. To Boston, Port.
land. and Providence, J5c on grain and hOc on pro-
viaiona. To interior New England points. :5c on
grain. Provisions to Baltimore. 4.c, snd to rhlfa.
delphla, 41c. To Montreal; .5e On grain and :36c
On provisions. ''Fourlh.class" rated 1oc above
grain.
GOODS RECEIVED
at Chicago Customs June Ii, 1877: Union Rolling
Mil Company, 75 tops sptcgei.itun. Amonnt col.
lccted, $3.50. "a. gold.
THE NEW sToRAon RATES.
A change In the ratc Of storage duo on deliveries
Of Irregular" grain will eo0n bo In order. We
present hcsowiul what ought to bc sufficient cx-
PLANTATION Of tho new conditions as compared With
tho old. 1t ia tho resolution adopted by tho Board
Of Trade Nay "A:
M sfsn e fSes,sSa' fs5 sssn M
stisf Jay saa tss s.n .ss dsli!sfsS.s t .s6:
he
10 the other rcdnrcnients Of iuio u. ~ w
We Ars not quits sure Of tho meaning Of tho
above. thoHgh the trade may possibly understand
It. This plain English Of tho resolution seems to
ba III susceptible Of translation at alt) that ail
grain made ior grown, prior to July Ahall bo dc.
li7ernble sabjcct to &c storage. The natusnl In
ference 10 that grain made (os grown) aitcr July
ia not deliverable at al. The grammatical con.
struction preeladcs tho Idea that tho sentence on
all contracts for grain made prior 10 July l" is
meant "on all grain contracts madc," etc.
Furthermore, tho resolution says: "Tha grain
shaA bo deliverable subj ect to &c storage. whether
deliverable before or after July L. aud still
further on It says. ''and tic grain shau bo de-
llvesaho subject 70 tho new rate Of storage, etc.
Altogether, tlla resolution Is such m excellent
spcctmsn OF excellent English composltioh a. to
deserve Tor lta author further advance Of aaIary
II he bc > salaticd orictal.