The crisis. (Chillicothe, Livingston Co., Mo.) 1877-1878, 1878-04-11
CILLICOTE LIVINGSTON CO., MO- THURSDAY, APRIL H. 1878
Lynde & Wright. OF Kansas City, for thefol-

Lynde Il Wright, Of Kansas City, for thefol-
lowing reliable review of the grain trade:
WHEAT Up to Friday of last week there
was no change in values from the date Of
our last review of the markets The ar
nouncement Of Earl Derby's resignation in
the English cabinet and the calling out Of
English Reserves" however, started war
rumors ahoat once more. and n strong
speculative feeling carried prices OF bread
stutfs upward with rush. Wheat felt the
impetus TO greater degree and advanced
one shilling and six pence a quarter at
Liverpool. and three cents bushel In our
own markets for spring wheat. and seven
to eight cents in our markets for winter
samples. At the present writing this ad-
vance is firmly sustained. The future Of
values is simply question of war or peace,
The present range Of prices is purely specu-
lativo, and until final decision is arrived
at between England and Russia we may
look for constant fluctuations tending up
ward or downward, as the prospects of war
or peace increase or diminish. For the
higher grades Of our wheat, No. spring aid
white winter, there has been more than
usual demand for foreign account-the lat
ter being taken for the Continent. though
the late excitement has prevented many
orders being filled. Russian wheat arrv-
ing in French ports is much inferior to eX-
pectations and as we have previously anti
cipated, will not come into competition
with our superior qualities. French mar
kets are generally higher, and stocks in
warehouses light. Throughout the whole
wheat growing section, winter wheat con-
tinues to look splcndidly. California,
whose yield last year was 200O0,0OO, will, 1t
is estimated. harvest 5OOOO,0JO bus. this
year.
East Of the Rocky Mountains an enor-
nous increase over last years large crop
is growing, and reports confirm an exceed
lngly large spring sewing. The movementto
market has improved, receipts at interior
points increasing. while we notice reduc-
tlon in visible Supply" of nearly half a
million bushels.
CoRN-The same influences have
strengthened corn, that favored wheat.
English markets show au appreciation Of
211c bus. like advance being establish
ed In our own markets. In this grain the
movement to market has been perceptibly
increased also.
The failure OF the potato crop throughout
Great Britain has created a demand for a
cheap substitute In breadstuffs, and our
corn Is being largely taken to meet this want.
Ryan active Continental demand in
eastern markets has been the ruling feature
during the past week. In sympathy with
wheat values of this cereal have improved
8 to 4c bushel. "Nisible Supply" is not
materially changed Receipts at interior
points keep up and exports have been lib
eral
FREIGHTs-No published changes In rail
freghts since last week Charters by lake
for corn from Chlcag0to Buffalo are being
made at 211c per bushel.
QUOTATIONS.
Livcrpool-Whe heat quiet and unchanged.
Corn, new, PCS to 2Gs Sd; old, 2Ss to 2Ss
3d.
New York-Wheat No. 2 red winter,
April, $135i5m137; No 2 spring, $124@
1876; No. 3 Northwestern, $1.27m12S.
Corn, steamer, 53@534c; No. ., 55@5jl9c.
Baltimore-Wheat steady; Sl.33l i@134
cash; $L3j13 3@1. SO May Corn dull 5Sl2
m5S24c spot; So &c May,
Toledo-Wheat easier; $l.30l2@l3lB
cash. Corn, l53sc April; 4Glic May ACC
June.
Chicago-Whcat steady; April, Sill;
May, $l1336. Corn, May, 1890; June,
4378c july 44lic. ~
Milwaukee-Whcat easier; $t1456 May;
$l14l@ June.
St. Louis-Wheat firm; April, $12OH;
May, Sl22. Corn firm; April, 4OL5c;
May, 4238c.
Kansas Clty-wheat, No. 8. cash $lO7Iss.
Corn, No. Q. cash, 324. Rye, No. 2, May, 25 c
bid. Cattle-Good to choice steers, S4.45
64.45; native oxen. S2.75@30O; corn fed
Texans, S3.0O@3.35; stockors, $3.0O@3.25
Hogs-Packers, S2.95.