The crisis. (Chillicothe, Livingston Co., Mo.) 1877-1878, 1878-05-30
THE MARX ETS.


We are indebted to Nessrs' Powers,
Lynde & Wright, of Kansas City, for the fol-
lowing reliable review Of the grain trade:
WHEAT-The foreign political news of the
past week has become decidedly peaceable
In character; Consus have steadily advanc-
ed, and 1t is believed on the arrival of the
Russian minister at Lendon that Il satisfac-
tory agreement will have been completed
between Russia and England. Already the
anticipations of such Il result have induced
Il material decline In the values of bread
stuifs, both here and in foreign markets.
There has been no change reported in the
condition of growing crops In England and
on the Continent. Imports into the United
Kingdom have falle off slightly. and car
goes on passage show n decrease, AT pres
ent prices English dealers are not disposed
to Increase their stocks on hand, and orders
for foreign account are less active in our
markets. Notwithstanding the unfavorable
and stormy weather during almost the en-
tire week, the general movement to sea-
board has been close up to previous weeks.
A decline OF 8 to 4c II busAel in both spring
and winter wheat has followed the peaceful
advices from Europe. Too much rain, and
some damage by rust" to the growing crop
of winter wheat is reported from districts
east of the Mississippi, but west Of the river
the rains have been an advantage. Millers
are not buying more than is absolutely ne
cessary for daily consumption, owing to
large accumulated stocks of flour and dull
sales, and with peace" assured abroad,
and a safe gathering of the harvest here,
we must expect tumble from present
prices.
Corn Corresponding large shipments
OF corn to interior markets and the sea-
board have prevailed for tho week. In
sympathy with the weakness of wheat, val
ues show decline In our home markets of
nearly &c u bushel from the previous very
low range. The fact that large reserves OF
corn are still held back by producers, and
the large amount in sight period when
the risk of handling begins to be greatest,
tends to check any appreciation, and in
vites speculation to operate for q further
decline.
OATs-The feature of the weeks move
ment in oats has been the large exports
purchased chiefly for French markets.
Values are slightly shaded owing to gon-
eral weakness in all grains, and with lib
eral receipts must go lower.
RYE-Light exports and dull flour mar
kets have depressed values In the cereal.
and quotations are from 2 to 4clower. The
same influence operating against wheat
and corn affect rye, and without more fa'
vorable foreign markets we do not look for
any appreciation. Receipts at interior
markets continue fair.
QUOTATIONS..
Liverpool-Wheat quiet; winter, lis Sd to
| lis 4d; spring 9s Sd to los 4d. Corn, new
25s Sd; old, 27s Sd to 27s Cd.
New York-Wheat quiet; No. 2 Chicago
s1ls to S1.19; No. Q Milwaukee, Sl.22; red
winter, Sl25@1.33 Corn quiet; steamer
491S@50c; No. 2, 59@5915c
Baltimore-Wheat quiet; Sl25@l. .254 spot
or June. Corn dull; 504c spot or June.
Toledo-Wheat heavy and lower; s1.15 bid
cash, S1.16I4 June. Corn dull 4l4@4l&C
cash, June 42c; rejected, 40llc
Chicago Wheat steady; May, S107A@
107A; June, Sl04h; July, Sl.0l9s. Corr
easy; May Ss9lc; June, 3S1sc; July, 3S}9@
3S5Sc.
Milwaukee-Wheat heavy; Jnne, s105T
July, S1.0ST.
ST. Louis = Wheat, June, SlOS%; July
$l06 Corn, June, 36Ec; July, 3S1sc.
Kansas Oity-Wheat No. 3. cash. LOO
Corn, No. 2. cash, 9l1Ic. Rye, No. 2, 43c
Cattle-Good to choice steers, $4.1264.3 80
native COWS, $3.50: corn fed Texans, $500
800; stockers. $265@2.SO. Hogs-Packers
s2.50@260.