, 1879-05-25

At O'Clock Monday the Board Of Trade will
consider the proposition to suspend afternoon
trading trading between May 81 and Sept. /.
There has been good deal Of talk recently
about partial failure OF the hay crop because Of
long-continued drought, and some have feared
an advance in butter as consequence. The
weather aspect Saturday was more favorable to
growth Of grass; and there is now less reason
to fear strong butteE,-e1cept in the boarding
house.
The produce markets Saturday depended
largely upon the weather. II WIS early reported
that rain had fallen freely at many points in the
West, aud the first effect WAS big tumble in
oats, which was helped BY the fact Of large re-
ceipts, over 1000 bu being reported inspected
into store. The break Was Ill the wider As the
shorts for May and June had mostly
filled In during Thursday and Friday.
but it was not extensive enough
to bring back Wednesdays quotation Of 2816c
for May oats The sharp advance had been due
to fears of q corner Joined to q widespread be-
lief thst the oat crop of the West would be
very short one But the higher prices here and
the lower freight rates set so many oats in mo-
ton towards Chicago rs to make operators
think that the farmers are not afraid, and the
turn.
Corn was steadter, uith fair volume Of busi-
nesss buyers being more willing to take hold
at the decline OF the preceding day. The ship
ping movement dragged, however, the news
from the seaboard not being favorable. Too
much corn has recently been graded in New
as .tsteamer'' to suit. our Western ship
pers; and it has surprised them, because
the general report here has been to the
effect that corn never inspected out Of store
"bettcr" than 1t has done this spring. It was
reported that great deal of corn is waiting to
come in, more than 100000 bu being in crib
along the lines Of the c., B. & @. alone. The
extent Of the corn deal for June Is estimated at
not far from TO- 0o, 900 bu, but it Is stated that
no one is short except the receivers, who expect
to deliver the grain. Wheat was nervous and
irregu1arly lower. The market did not ductu-
ate much till late in the session, when it broke
off for July, because it WAS thought that lead
ing operator wanted to sell. The majority OF
those around the wheat pit seemed to be watt
ing to see what others would do, and unable
to decide which way to trade. Pro-
visions we're tame, With more free offerings
Of spot stuff, especially in lard, which Was rela-
lively weak. There was nothing new in barley,
the trading in which is practically suspended
till operators feel like trading on the new crop.
Freights were quiet aud nomInaliy unchanged,
at EXC for corn BY sail to Buffalo, and nc for
do to Kingston. Rail freights were steady at
l2kc per 100 lbs Of grain to New York to exc
for do to Baltimore.
Dry goods met with q generous demand for
the time Of year. Reports from the interior are
to the effect that good business is In progress,
and they are confirmed By the freedom with
which orders for reassortment Of stocks are
coming in. Prices remain exceedingly firm.
The demand for staple and fancy groceries met
general expectations. The country and city
trade were ordering freely, and for most
lines the market again displayed firm tone
Coffees are tirmer than at the beginning Of the
week. Sugars, rice. and teas we're quoted
strong There Was quiet market for dried
fruits, and for raisins and prunes the quota
tions we're lowered q tri1e. Fish were fairly
active and unchanged. The butter market was
firm under good local and shipping demand.
Cheese was quiet, as last quoted There was
good demand for oils. paints, and colors at
former quotations. Coal was quoted at $3.50
for Lackawanna-
Lumber was fairly active and steady. The
cargo offerings sold readily, and fen loads we're
left over. 1t the yards dry stuff was steady,
being in active request for shipment Wool
was quiet and steady. The offerings con-
tinue light, and dealers do not expect
very free receipts Of new wool for sew
eral days yet. The demand for hay was
chiefly local. and prices were unchanged