The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-03-11
CHICAGO.
Weekly Review OF the Money and
Produce Market - Trade and
Finance

Produce Market - Trade and
Finance.
CHICAGO, March 9.-There has been &
gradual improvement in all departments
Of wholesale business, and with ample
stocks there seems to be no reason for any
slackening.
City deposits have increased and col
lections are better.
Currency has flowed freely towards the
country and muddy roads alone prevent
a rapid exodus Of coin and greenbacks
Seven TO ten per cent is the ruling rate
Navigation shows signs Of revival, and
the 'Iongshore traffic will soon begin.
Rates on fourth class freight will there.
fore probably soon drop from the recent.
Iy raised grade.
ClearIngs are seventeen millions,
against twenty millions last year.
GRAIN MARKErs.
The week has been one Of events and
surprise on Change. Grains were cub.
mitted to a strong bear arrangement and
went steadily lower, closing with con.
siderable decline. Buyers are apparent.
" scarce, and sellers are rushing in from
the country, and it Ia reported even from
European markets and the East, where
the present prices for cereals are consider
ed too high. It is pretty confidently pre-.
dicted that wheat will soon experience q
heavy decline. Just at present it can not
be learned that It has any friends, and
that led 10 the decline and largely shaped
the course Of the other markets. Sales
for April were 81 O2ial 00t. The lowest
price was reached to-day, and the highest
Monday, with an active and tluctuating
but pretty steady downward movement in
the interim.
Corn was unsettled, irregular and
speculative 10 its character throughout
the week, but the fluctuations were contin'
ed to a small range and prices were
steadily inclined downward. Sales for
April were 4l;a42!c; the highest price
Monday, and the lowest to-day.
Oats were quiet and steady, but rather
more animated than usual, and went
down gradually from 24tc to 2Si for
April.
Rye was easy and shade lower than
last week, but maintained the uniform
price Of 55c cash.
Barley was somewhat unsettled, but
was generally lower. It sold from 45c to
46tc, the best prices being those at the
latter part OF the week.
PROVISIONS
We're active, unsettled, and BY all odds
the most exciting OF all the markets.
Under a heavy pressure to sell, prices
began to drop rapidly on Monday, and
by the close OF today were 81 coal 10
lower for pork, and 4a5c lower for lard
than at the opening. The decline was
accompanied by no breakage Of firms, but
there was continuous excitement and
very heavy sales, at the lowest figures
known here for many years. Twenty
years sgn to-day pork was selling al
Sl4 50a15 90, and lard at 9lc per pound
Nobody seems to remember time when
pork was SO low as now; but nobody re.
members when 80 many hogs were packed
in the country and when receipts came 10
no heavily late in the season. Sales ol
April pork were at 50 05al0 Is, and
April lard sold at 0 S0a7 zoe, the lowest
prices ruling in each case at the close.
CLOSING CASH PRICES
Are: Wheat 81 O44, corn 4l3c, oats 2Sic
rye 55c, barley Acc, pork 50 25, lard 9Sc
HOGS
Have declined 4Oa5Oc on the whole range
and receipts for the week were $1,000
against l2l 900 the week previous, and
IS 900 same time last year. Il Is es'i'
mated here that the SIX leading cities
have packed 4,595,O00 hogs, and the in
terror points 100000.
wHBKY.
The whisky market is in peculiar
state; prices are reported at 81 o., bnt
should any one offer high wines at 81 o.
he could get no buyers. The market is
almost myth at present, "a distillers are
said to be generally doing their own rec
tifying, and dispensing with the middle