The crisis. (Chillicothe, Livingston Co., Mo.) 1877-1878, 1878-02-28
THE MARKETS.
WEEKLY GRAIN REVIEW.

4AAN ~ 81 itbi Il L bs
WEEKLY GRAIN REVIEW.
We are indebted to Mcssrs. Powers,
'ynde II Wright, of Kansas City, for thcfol.
lowing reliable review of the grain trade:
Wheat-Thc exciting political events in
| Europe during the past week ocCasiOncd
| extreme fluctuations in prices OF bread
| stuifs, the advance up TO the 18th, last
amounting to r. a bus. on both spring and
winter wheat. At present wiring the news
Of Russia's withdrawal from the original in
| tentiOn OF marching troops into COnstanti-
nople has brought about reaction, aud val
ucs have declined to the quotations OF Il
| week HgO. Continuous unfavOrable wealth
er for country deliveries has been an i'm
portant aid to spectators operating for
rise in our home markets.
Milcrs, unpreparcd for so lengthy Il
| weather embargo on their supplies have
| been caught during the excitement and be-
came buyers Of cash grain at any price to
m, ct their contracts Railways suffering
| from the unusual lack Of all demand for
transportation have been giving most IA
yorable inducements to shippers, and re-
ports are prevalent of Cuts" in all dirCc-
tons. SO that relatively the intrinsic value
OF food product in our western markets Is
lower than at any time during the past four
months.
Any further material decline in foreign
markets would be more sharply felt in our
interior markets, as further concessions on
the part Of our railway managers is scarce
ly probable. The frequent reports rs to he
surplus wheat Of Russia continued very
contradictory. One week. We have reports
Of millions of bushels Of excellent uu Iity
at scaboard points ready for shipment at
the instant peace is determined. At anolh-
er time, II is said millions Of bushels are
roiting at railway citations in southern Rus
sia for want OF transportation; that the ate
crop was only an average one in quantity. |
and that its condition, in great pant, IN |
ll's II for anything but. .dstillng purposes.
From all accounts it seems certain thar in !
my event, but little Of Russian wheat will |
ind its way TO the markets Of western Eu- |
rope before the later part Of April
Imports into Great Britain show no i'm |
provcmcnt, being little more than are ab5o- |
Iu,rly necessary for daily assumption,
The promise OF the growing plant is IA |
yorahlc and aside from the stimulus of war
excitement, English country markets are |
ruling easier. How long HE present quiet |
condition may be uHlisturbcd depends upon |
lhr result of the Conference of the Powers |
now about to meet to adjust the war issues. |
We look for the usual rumors Of further |
complications 10 sent abroad In the inter- |
est OF spcculatOrs but anticipate sali~faC- |
uIl SFlli'lu'hI between All parties vOn- /
ermed, as tho final outcome Of the Ie-
ih%rations:.
Norli-Ml'h inc advance IN wheat early |
.',', WeeE' corn showed some sympllhy'
, ' %hh ha Is0 hn0 ot til,. riTH9 wtS eSia sh
Arryais Of orr new corn @ in n'r' TmolanI m, or,.
not satisfactory. tending 70 Jiminisb or or.
dcrs.
Receipts at interior markets have been
iSht 3Wngto continued unfavorablewoath-
cr, can Gnou.m 'Ile IrSSchl layorahle weather
' Fynort % crnrmc ron "I or = "TI" tHo 'osGnom nn
Feb IS. were i.5s8.2 Gus. . a T rsdncton ,'g Of
100000 bus. from previous week. 80 N
Eye-In this grain the chief feature was
an al active tive i foreign , d,maad resulting in
elear4nees ior Europe OF 93'1l8 bus. Values
tirn n,,SG rr D1gh S'S'E i & "d ,mprGy,nE with ac-
Oa,sTTb.rc has % T"nm ari,ir."pcS an abs"ncS of an,
foreign demand, the home demand contini,.
ing fairly steady, with prices in favor Of
sellers.
ITeIghts -i,Eeporis Of special rates to
It smnpoapa OF pGihIS are IT. various though di;
belief that th%y are m low @ W. as Jv INV ,I tbt Vr @
moved aroin hrtorr tbr or,,,nin4tin ~ tho
"pool." e''''''"''''' VI 'u'
Bgliimoro-Whc,t duII. N, orod ,,.;,,
Tow 81 osiI ao'L % =, "' an' II w" 'VU % VIII
w., i",m' 7.''V It"iOh' SorH'
S,G"uy' hlIAcu western, oii2c cash or