River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1877-01-04
RECORD OF THE NEWS.
Political, Personal AMI Foreign Do
ingS and Gossip.
Condition Of The Markets.

Condition Of the Markets.
The markets are unusually quiet,
evel- for this dull season OF the year. The
unsettled condition of political affairs prevents
anything like speculation in stocks, produce
or real estate. Only such business transactions
are made as result from the regular demands
of consumption. Wheat especially, is sub
ject to the uncertainties Of the times. That
there is a storage in foreign markets can he
no longer disguised, but the universal unwill-
ingness to venture capital inspeeulative chan
nels prevents any marked advantage to cur
products resulting from the shortage. In
the northwest there is not wheat enough to
run the local mills until another harvest, and
already millers are finding it troublesome TO
secure quantities sufficiently large to assume
uninterrupted work for the winter. At St
Paul and Minneapolis the Price paid for the
week past has been Si.I5 for No. Si,I0
Tor Nc. ., and SI.O0 for No. 8.
In the great markets OF the world, during
the week, the following prices ruled :for No.
wheat: Liverpool, 10 shillings and pence;
New York, sI.369I.41; Chicago, sl.l9Sl.4;
Milwaukee, Sl2091.30.
Oats are scarce in the general markets, sell
ing at St. Paul at 32c. in bulk lots on the cars
Only a local demand exists for barley, and
prices remain at 7Og72c. for No. 2.
Beans now command a good figure, s2.25
Icing paid tor good quality OF hand-picked,
and Sl.35 tor ordinary Minnesota.
Corn seems to be very plenty in the com
growing regions, and is selling at almost as
tonishing low rates. In western Iowa cribs
are being filed along tho railroads at 22c. per
a. svaArn "a
that the immense crop Of Iowa and Kansas
will be disposed OF at less than 2sc. In the
market farther west 40 and 4ic IS paid.
The market TOR butter Is reviving and bids
fair TO he quite active before spring, whichis
especially cheering in view of the state Of the
market since last spring. There are a few
large dealers in st. Paul who have facilities
for clearing" the market, and right well do
they use it. 1t would lie to the advantage of
country merchants if they would make con-
signments to safe Chicago commission houses
until they can receive iairer dealing nearer
home.
Eggs sell in St Paul at 25c. a dozen and are
in brisk demand at that figure.
The large shipments of potatoes to the east
have reduced the stock in the northwest so
that prices must advance.
Letter from Wade Hampton to Gov Hayes.
Gov. Hayes has received the follow
ing letter from Gen Wade Hampton, at the
hands OF Judge T. J. Mankey, of South Caro-
lima:
,Exeeutive Chamber, Columbia, Dee. %,
IS76.-DEAR SIR: l have the honor to en-
close copy of my inaugural rs the duly
elected Governor Of South Carolina. In view
Of current events and the official sanction
given to gross misrepresentation OF the acts
and purposes of the majority of the good peO-
Ile Of this Commonwealth, deem it proper
to declare that profound peace prevails
throughout the State; that the course OF ju-
dlcial proceedings Is Distracted 10y no COM
binatiOn OF citizens thereof, and that the laws
for the protection OF lis inhabitants in ali
their rights of person, property and citizen
ship are being enforced in our courts. While
the people OF this State are not wanting eth
CT in the spirit or means to maintain their
rights Of citi enship against the usurped
power which now deies the supreme Judicial
authority 81 the State, they have such faith in
the Justice Of their cause that they propose
To leave its vindication to the proper legal
tribunals, appealing at tie same time to the
patriotism and public sentiment OF the whole
country.
''The inhammatory utterancts Of portion OF
the public press render it perhaps not mop
portune for me to state that although the peO-
Ile OF South Carolina view with grave concern
the prospect Of a critical cOnjuncture OF
the affairs to our country which threatens
to subject 20 an extreme test our Republican
system Of government itself, it is their firm
and deliberate purpose to condemn any solu-
ton OF the existing political problems that in
wolves the exhibition OF armed force, or that
move through any other channel than the
prescribed forms OF the constitution or the
peaceful agencies OF law.
ssTrusting that 4 solution may lie had which,
while maintaining the peace OF the country,
shall do no violence TO Unconstitutional safe
guards OF popular rights, and will tend still
more firmly to unite the people OF all the
states in an earnest effort to preserve the
peace. to sustain the laws and the constitu-
ton, am very respectfully your obedient
servant,
TSianedI ssWADE HAMPTON,
''GOvernor Of South Carolina.
ssTo His ExcelIency K. d. Hayes, Governor
Of Ohio.
''P. S.-As the solution OF the vexed politi-
col questions which now agitate the public
mind, might ultimately depend OF yourself or
upon your distinguished competitor for the
Presidency. have addressed letter similar
10 this to His Excellency Governor Tilden.
Yours, WADE HAMPTON"