The crisis. (Chillicothe, Livingston Co., Mo.) 1877-1878, 1878-02-14
THE M.IRKETS.

We are indebted to Messrs' Powers,
Lynde " Co., of Kansas City, for the follow
ing reliable review of the grain trade:
Whcat-Until the 4th the same unsettled
locing prevailed since our last review that
characterized the wheat markets OF the pre-
cedng weeks. The change Is due to the
cessation of hostiities between Russia and
Turkey consequent upon the agreement to
IN armistice, and the early meeting in con-
ference of the European powers at Vienna
to discuss final settlement of peace. VAL
ucs have ruled with but light variations till
the ith, when the more peaceful news Oc-
casioncd Il decline OF . to Be Il bushel. Liv-
lrpool markets were unchanged from those
uf a week ago. Stocks throughout Great
Britain are not increasing as previous to
the New Year, the exports for the four
weeks ending January 18th being nearly
100000 less than the imports Of previous
four weeks.
In our own and Canadian markets, the
stocks have generally improved under an
increased movement, adding somewhat to
the visible supply" which on January 2G,
was ,2GS 974 bus.
Export clearances for the week ending
January 20, We're LBS ,2G5 bus, a gain over
preceding week OF l5O,000bus. The opinion
is generally prevalent among the oldest
dealers that peace" news has been antici-
pgted to great extent, and that after the
first furry of "bearish' excitement has
passed, Il steady improvement will follow
England will be compelled, under all cir
cumstanccs, to look to America for the next
three months for her imports of breadstull
other countries failing her While France
too with its poor quality OF wheat, and light
yield must come to our markets. NOtwith-
standing the unusual stringoncy Of the
money markets. and the promising appear
ance of winter wheat, our farmers are in
no haste to part with the last crop at cur
rent prices. Its excellent quality will war;
rant holding it for better markets, or at
least till another crop is safely assured.
Corn-Receipts at interior points for the
week past show material falling or, while
exports were greater, amounting to 1,559,-
sos bus. for the week ending January 30th.
Prices during the same time have declin-
ed &c a bu. and are in buyers favor. Eng
lish markets show reduction of three
pence to six pence quarter, and liberal
supplies. Unfavorable weather continues
to delay drying out Of stocks unmarketed,
and the uncertainty Of future condition
| tends greatly to depress the markets. Large
quantities of rejected corn are being taken
for export supplying the place Of a higher
grade and reducing its marketable value.
Rye-0nly small amount was taken for
export during the past week. and with no
active manufacturing demand and fair re-
cepts, stocks haveincreased. Transactions
show lower range of prico in sympathy
with wheat.
0ats-Markets are generally dull and
without any foreign demand. The move
ment to market continues free, adding lib
orally to stocks in sight. No change in
values.
Freights-Rates from Chicago to New
York are quoted at SOC per 100 lbs. and from
st. Louis eastward there are reported "cuts'
to Offset the transportation via river to New
Orleans.
New York-Wheat. Chicago spring, 81 .26
No. winter red, s1.34. Corn, yellow west.
ern, 52Hc.
Chicago-Wheat, No. spring, S1,03 cash
Corn, 4Oc. Cattle, steers, S3.25@9.95
Hogs, packing, S9.95@4,1O.
st. Louis-Wheat, No. red, $1.15 mo.
spring, s1.OS1I. Corn, 41H@41'4c. Cattle
butchers steers, $9.4O@4 4.OO;stockers, s2.5I
@27O, Hogs, $3.S004.OO
Kansas City-Wheat, No. 8 cash, 0Sc bid
Feb. 9S%c bid, S1,00 asked. Corn, No.. 2
SO1Ic bid, 311Ic asked. Rye. SOC bid. Cattle
butchers steers, fair, s2.75@sS.oo; stockers
fair, s2,bo@275, Hogs,--oholce, natives
saoo@a,bol medium, s22SCaa7S,