, 1877-10-21

Ne" nTh was stronger On WucaL saturday,,
the carly cali, and some te1c.rams from that cit,
referred to the fact as the result Of manipulation
in the intercs, of Western operators. It was prob
ably direct consequence Of the strength here tht
| previous dag, which WAS chiefly due to continued
| rain.
/ The We1land Canal will be closed about the Isl
OF December, and remain closed till May .. During
| the interval substantial repairs Will be made.
There has already been rain enough in the North
I west to put an cGectual stopper The early mar
! krtjng Of corn Of the new CROP and operators In
corn disposed to think that that will materially
| help the price OF the old With dry autumn we
| should probably have had much corn arrive here
in the early winter that would have spoiled in the
| spring.
| The wet weather has so much diminished de1iy-
cries Of grain in the country that there is no longer
urgent cry for more cars, Except on one two
roads We note that shippers alony the line Of the
Chicago Burlington & Quincy Railroad are still
crying ont about lack OF transportation facilities,
and some Of them marketing their in St.
Louis aud Peoria BECAUSE they cannot send it here.
The new departure in the provision trade, to
which we hare already adverted, was discussed at
somc length Saturday Change. Tie packers
claim that in establishing agencies at consuming
points they are working to extend the already
mammoth provision trade of Chicago. Some OF
the commission merchants regard the case in
widely different light. They say that bnt for
tho speculative trade in provisions the cash
system could never have been introduced, nor
could it be maintained; and that without the Or
der trade the speculative department will vanish
in which case the packers may close up their
storage account, which with one firm alone
amounts 10 be about $500, 600 per annum. The
new movement certainly threatens large reduc-
tion Of trading in the Chicago provision market.
with all that the phrase implies, which this case
may be great deal.
The leading produce markets were quite rreeu-
lar Saturday. The weather was still bad and
grain receipts small; but this fact had little inu-
cnce outside Of corn and oats, which stronger
Provisions were tune and easy, though hugs were
higher. Wheat weakened &c curly. ana qfter-
wards recovered. Frclshts were very dull, the
trading bcin. chiefly local.
There was i rather quiet market for domestic
dry-gooas. The d1sAyreeablc weather OF the past
few days has caused a diminished demand ,nb
from the city and interior trade, and in most de-
part.nents Of the market business was slack. In
values no important changes were noted. the een.
eral tenor OF prices being one OF stradines.. The
grocery market. though quiet in COMPARISON with
Tie early days Of THE week, was reasonably active
for the time Of ycar, und prices were uniformly |
well sustained Stocks Of sugars are light, and |
holders are firm in their views. CofIccs are in full
supply aud remain easy. though the opinion seems
to prevail that prices are not going much lower I
Teas, rice, sirurs. and molasses wcro eteady.
There was quiet feeling in the dried fruit market
prices remaining before. Fish were IN mod
crate request at steady figures. Dealers IN butter
reported fairly active demand, and firm and
steady market was witnessed. Cheese rc,ualnrd
quiet and unchanged. None Of the features OF
leather, tobacco, basgine, COAL and wood markets
showed any pronounced change. Oats we're dealt
IN rather spar'ngy, the weather being agaipst an !
active movement Prices were unchanged
Hogs were irmer early, but closed tame nj Fri !
lays quotations. at 81. S0tt5. 90 for light |
weights. and al 81. 75G}5. 25 for heavy. Cattie
we're dull and unsettled. with sales on basis of
~ 3oe35. 80 for common to extra. Sheep were in
ctiye al s.. 1874. % per 100 lbs.
Lumber continues in good demand and firm, The ]
ad weather has delayed the llling Of orders, but
ountry merchants are stiN liberal buyers, and the
ard dealers report no perceptible decrease in
fadc. The offerings Ut the docks sold readily at |
he advance la1ely established The wool market
'as quiet and dEm. broosn-cosn waa steady under !
fair order demand. chiefly from the East, and
he sales were principally OF new corn the receipts
which are not heavy enough to deprcss the mar |
"a. Seeds were quiet and generally steady. |
[ides declined A4Gtac, and closed weak. Tanners |
efuse TO purchase. and dealers doing little /
ven At the decline. Green fruits were dull and ! :
over. Poultry was almost unsalabe, though free
offered at reduced prices.
Lake freishts were dull and entirely nominal at
bout 4c on corn to Buffalo. Room was reported
.kcn for 32, 600 bu corn.
Through rates to New York by lake and rail {
ere quoted at 10ll9Mc on wheat and 1S11s1;c
corn
Rail freiGhts were steady at the recent advance
ates on grain and other fourth class are now {
1c to New York, SIC to Baltimore, 36c to Phil
1elphaa, 4ac to Boston and other New England
oiuts, and 35e to Montreal. Boxed meats rere ! (