The crisis. (Chillicothe, Livingston Co., Mo.) 1877-1878, 1878-03-14
THE MARKETS.

We are indebted to Messrs. Powers,
Lynde & Wright, of Kansas City, for thcf fol-
lowing reliable review of the grain trade:
Whcat-ThG cable brought us advccs of
the preiminarics Of peace having been
signed between Turkey and Russia, aud
though no definite settlement of the uues-
ton in dispute between these Powers could
be arrived at before the meeting of the con-
ference, the agreement tended to allay the
anxiety and excitement OF the past two
weeks. As 4 natural sequence the mar
kots are beginning to show decided re-
action from the speculative advance of war
times" and prices of both spring and winter
wheat are Sc to Sc lower than those of a
week ago. Tho decline in spring wheat
seems to have been already anticipated at
Liverpool, values in that market during the
past week having declined from Sl.53 to
Sl.4O (our currency for No, spring. We
also note agenerally easier and lower range
of values in the majority Of the English aud
French country markets. Much OF this
weakness may be attributed to the excel
lent appearance OF the growing crops in
| Europe, and the early opening OF the ice
bound northern European ports. while at the
same time stocks in reserve in France and
England are unusually light and prospects
of anything like fair supplies frem India
! luh lllC SOullutuI uullUH lut utAl lNO
months, are not favorable.
At our own scaboard stocks have not
been as light for years. and the season Is
at hand when the growers mustproparc for
| putting in the spring crop to the delay OF
! further deliveries Of grain on hand, so that
we cannot before next May look for any ac
tive movement to market.
| Corn-The general movement to market
continues to diminish. Export clearances
for the week ending February 27 amounted
to 1,Sl0,732 bushels, gain of nearly 100000
bushels over previous week. Visible sup
ply February 22d, 5,527 ,8i1 bushels, reduc-
ton Of 225,0OO bushels from previous week
In values. foreign markets show no change
from prices of week since, though our
own In sympathy with wheat have settled
to lower range. 1c making the decline
More favorable weather for delivering anC
maturing corn, with freights settled, are
operating in favor of buyers.
Rye-ln this grain there Is decline since
our last writing of 11Sc to &c, with falling
of Of orders for foreign account.
Freights-The nominal rate from Chicag,
to New York continues at zoe, with rumor'
of still lower figures for large charters.
QUOTATIONS..
Liverpool-Wheat heavy; winter, 10
10d to lis 4d; spring, 9s I'd to los Cd
Corn, new, 2Gs; old, 2Ss.
New York-Wheat nominal; No. 2 Chi
cago, S1,9O@122; No 2 Milwaukee, $1.2
@124; red winter, $130@S1.35; Cor
! quiet at 55@5Gc; steamer, SEC.
Raltimore-Wheat, western, dull 1.2t
cash; S1.2S1s, April. Corn firmer; nike,
western, 5314 4@531Sc; April, 54c,
, Milwaukee-Wheat firm; $1052S, cas-
, and March; $l.0615, April.
) Chicago-Wheat steady; $104T, cash
: S1,03jS, April; $1.04B, May, Corn Az
I @412lc, cash, March or April; Acc, Ma,
Toledo-Whcat dull and lower; Sl.1'
Corn dull; 44lg@454c, May.
St. Louis-Wheat steady; $1.10 Marc
!. and April; $l092i, cash. Corn steady
y 394c, March; 3935c, April; 4O2Sc, Ma.
/: Rye quiet; SEC, cash and March,
KANSAS OIrY.-Wheat, No. 8, cash, ST.
: Corn, No. 2, cash. 31c. Rye, No. 2, casl
0 $50 bid. Cattle-Good to choice steer
. S4.10(G4.25; native oxen, $2.7503. 90; corn fe
II Texans. $3.00@335; stockers, S2.75@8.0
Hogs-Packers. SO 00(0315.