, 1877-07-15

~
The above figures indicate that we have now in
store about 80, 900 hu OF all grades Of wheat, and
l. OJO. OOU bn corr. The wheat etif in reserve r..
however further diminished by lhe rather free
loalincs Vi Saturday.
An Enylst eatistcian writes under date of June
20, that at that date there was Of wheat available
by or lcforc the first week in August, !, $40. 600
quarters in farmers hands, I, a07 400 quarters in
store. and Sl7.O00 q,1artcrn in transit Total,
l. :,t4 500 qnartert, which wou last for consnuap-
tion till Sept. "a. t)f the above quantity in tran
Sit no less than e. 4S5 quarters on tho way from
British India, and win arrive within thirty days.
1.-THE lowest through rate to Liverpool I erer
made, was made Just now, " eaid a prominent opcr-
ator IN Saturday, but he would not name the fig
ures. However, the statement shows that rates
are at minimun1-at least for maximum distances.
St. LOUIS received over 30, 900 bu wheat Satat-
day, and Cincinnati IL 600 bu.
New York operators have been uniformly bears
on one of the shortest wheat crops in our history
The question is, Will they now he bnlls on one OF
the largest crops the United States has ever pro-
duccd:
The great question now is, Can winter wheat
be used to fit contracts for regular No.
wheat, July delivery: The rnles are Under
stood 10 provide substantially for this very
thing, but it is whispered round that at least
one party s:hieh up'' has declared that he
hundred thousand bu OF wheat for July yet unde-
Nyered and scarcely any wheat here to Oil with,
while there Is ample time to bring htther winter
wheat from St. Louie and other points, il that will
ill the bill. 1t il understood that must OF the
July tra,ies outstanding were made in the
nejshborhood of ST. 5O and 1t is to the interest OF
the longs that this wheat should not be delivered,
because they could not expect to realizc anything
like the price they would have to pay for 1t.
xAN1r ~1-1l
easily prevent such deliveries during this month,
and thus ayoid loss which is estimated at not far
from S15O, GOO. II, however, they can be forced
to take winter wheat those contracts they could
not AVOID considerable loss.
Commission merchants say that, according to
their advces from the barley sections OF Iowa, the
crop generally IL in promising condition. Scott
County, famous for fine hurley, bids fair to pro-
duce a good crop. OF course the barley in the
He1d Is lust now in thut stage where rain storm
might do irrcparable injury, and in fact good
crop cannot be counted IN until tho grain is har-
vested and properly secured
The lending produce markets were moderately
active Saturday. and irregularly steady, at an
easier range of prices. Breadstuns were slightly
depressed by continued fine weather, and the fact
of large receipts here or elsewhere, though tho
British markets were stronger. There WIS d fair
shipping movement and rumors Of freight engage
mcnts for large quantities Of lard and mcate.
Jobbers of dry goods had nothing new to report.
There Is steady hand -to-mouth demand for staple
and aeasonable goods, and the market maintains
firm and healthy tone. Groceries were reasonably
active and unchanged. Sugars were in brisk de-
mauG, and were strong. Codees, rice, teas, and
most other linca also held at full prices. In
thu butter market there was considerable activity,
and previous quotations were sustained with hrm-
ness. Cheese WI. unchanged, being quoted steady
at 7nS1sc for good to best full cream. No new
features were developed the dried fruit,
canned goods, and fish markets There WAS
an active call for grasn-baes, and the market was
strong at Fridays advance: Stark 1t 2:}hc, Nom
taup at 1,.;1c, Lewiston at 1lhc, and American at
1oc. Leather was dull, previously quoted.
Oils, paints, and cotors were quiet and unchanged
There Was light demand for coal and wood at
previous quotations.
The wholesale lumDer market WAS active Satur-
day to the extent of the offerings, land piece stuff
was armer. Tie yard business appears to be i'm
proving slowly, and the market is gaining in
strength, the disposition to shade quoted prices
not befnx 50 frequent as tt has been. The pros-
pcct OF good fall trade, the short supply On the
mississippi, and the moderate receipts cause tho
better feeling in the trade. There were no impor-
tant changes in wool, hdcs or broou-corn, all Of
which may be quoted firm, under moderate offer
ings. with comparatively good inquiry. Seeds
were dull, and some varieties were easy under fair
ofIcrin21- Hay in moderate request, and
steady. The receipts continue Light bnt ample.