The crisis. (Chillicothe, Livingston Co., Mo.) 1877-1878, 1877-10-11
THE MARK ETS.
WEEKLY GRAIN REVIEW.

W EEhLl bhAlN hLN LEW.
We are indebted to Messrs. Powers,
Lyndc Il Co., Of Kansas City, for the follow
ing reliable review of the grain trade:
WHEAT-Foreign advices for the week
under review have been less encouraging,
markets being depressed in expectation of
large American shipments. Our markets
have ruled lower, partially in sympathy
with foreign markets, and partially on ac-
count of increased receipts at lake points,
with prospects Of still more liberal receipts
in the near future. The Eastern war news
| is Of such character as to affect values
but little. there having been no actively ag-
grcsivc operations for SONS time past, and
the military situation remaining unchang-
ed.
Wheat in sight shows an increase Of 1,17G-
3GG bushels, as compared with same day
last week.
CoRN--Thc foreign adviccs are more fa-
vOrabc for this grain, but the immense
stocks in sight, together with the general
| impression that the West is flooded with it,
tend to shake confidence. Until this i'm
preston is removed, or shipping demand
improves materially. we see very little TO
encourage belief in high prices. The
speculative demand is very limited, buy
crs holding off for the present, The "Nisi-
bile Supply comprising the stocks in granary
at the principal points Of accumulation at
Lake and scaboard ports were,
Sept. ~, 1919. Sl5..................,... G'HnSlS.
~, lSW W,.,.,,..'.,..'.,,...,, SOUL
=" %, lS77..,....,......,..... 10 ,Sj3,lI2,
Stocks in sight have increased Gi9,7ij
bushels since our last report
RYE-rcmains quiet. Prices ruling about
1c. per bushcl lower than the same time
last week. the decline being almost entirely
in sympathy with other grain. The "yisi-
| Bile supply at the scaboard and lake ports
is GOO,OOO bushels against lGSOOO hu. the
corresponding week in 1876.
OATs-Thcrc has been some activity in
this grain for the past week, but prices have
lluctuatcd but little, and most Of the trad
ing has been for spot, to the almost entire
neglect Of futures.
From present Indications we are inclined
TO the opinion that prices will not change
materially in the near future, present prices
being too low for much Of a decline, and
the stocks ON hand too large for Il material
advance.
QUOTATIONS..
New YoKK- Ungralrd red winter wheat,
S1.ljmll7; No.2 SI39al.I2. Rye, 72c.
Corn, 57m5Sc.
Wheat, No, > spring, lOcash;
Sl.03 for the year. Corn, i3r; jlr for the
year. Rye 3lr. Cattle, Colorados and
Kansas COWS, S2,9j, steers, 500; Texas
grasscrs, S25ja3,3O. Hogs, packers, Sj.lo
"jl5.
ST. Wheat, No. red, Sl.l0 cash.
Corn, i2c cash. Cattle, native COWS and
hcifcrs, - 2j0t2.37; feeders, S2.jOo,375.
KANSAS CIrY-Shippcrs Of grain have
been for some days ina rather cmburrass-
ing situation. Affairs shaped themselves
SO that the railroads refused ears 10 ship
! pcrs who wished to forward grain from the
elevators. In one instance shipper sue
cccdcd in filing six ears but was refused
| bills Of lading. or course the hitch could
last but Il few days. Wheat was handled in
usual quantities by the grain board; No .
was offered at Sl.lG; No. 3 sold at SlOG; No.
/, 9Gc. Corn, 29c for No. =; for last half OF
| October 29r was bid, Rye, l2r. Cattle,
weak and sales limited; Texans ,S2,7j; ma
| tive feeders, $3.50; Col. half-brccd steers
| $500. Hogs. SiGOGls0.