The Saline County journal. [volume] (Salina, Kan.) 1871-1893, 1879-02-20
COMMERCIAL
vEkxLY GRAIN Mvuv.

COMMEkClAL
vEkGLY GRAIN RxvIKw.
We are indebted to Messrs. Lynde,
Wright 4 Co, Of Kansas City, for the following
reliable review of the grain trade:
WHEAr-Without any influences exceptthose
entirely speculative. values in our home mark
cts have advanced during the week &c on
spring and on winter wheat Farmers de-
liveries have been freer and they seem fairly
disposed to accept present prices. Exports for
the week ending the 5th inst. have nearly
doubled on previous week. three-fourths of the
shipments being destined for the Continent.
The quality of the wheat taken for export,
however, is of the lower grades principally,
holders of the higher grades not vet being dis
posed to meet the views of foreign buyers.
Foreign markets continue unchanged, and are
still reported dull for all varieties. At this
time. when France and the United Kingdom are
the chief buyers in the world. a review of the
general situation is of interest to dealers.
Various estimates early in the season placed
the requirements for consumption in France
from foreign sources. At forty or sixty million
bushels. According to an eminent English au-
tho,ity France, since August l. has imported
and contracted for nearly 4s.OOO.0N bushels.
while published French Official returns show
the imports from August LIST to December 18th.
to have been 2s.000010 bushels. Allowing for
the amount contracted for, il is fair to assume
that three fourths of the French needs have
already been supplied, and there remain TO be
drawn from outside sources twelve or thirteen
million bushels. Great Britain necessary i'm
ports for the cereal year have been stated At
ninety-five TO one hundred and five million
bushels. The cutting of OF n large part of
these supplies in Northern Europe through the
spreading of the plague would change the stu
atom, but there seems to be no fear among
English dealers of such an event who are pre-
n e Il . H.
respondents and who, whatever the circum-
stances are at the best but Indifferent specula-
tors of our manipulated markets. Aside from
plague" there is still the uncertainty attend
ing another crop. which taken with the facts
that only once before in fifty years tls43l have
prices at the seaboard been lower than the
present, and that the average price during the
past % years has been Sl.69 bushel at New
York-ought to inspire holders with more than
ordinary confidence.
CoRS-There was more animation developed
in this market during the past week than has
been noticed for some time. An advance of
&c has been accompanied by more liberal
movement to interior markets and the sea-
board. while exports for the week have in
creased 10000 bushels. 1t is probable that
the outcome of the last crop will prove disap-
pointing to first estimates a. At present prices
a large proportion will be wasted, and fed to
stock that with more favorable markets would
have been shipped.
Rye AND OAIs-No change in values in these
cereals. There were larger exports for Rye and
receipts in interior markets for both grains
have improved.
Kansas CrY-Grain: Spring wheat, No. 2.
zoe bid No. 8, Csc bid. Winter wheat,
No. No. '. cash. s''f Ise No. bid s sas
nominal at 75c. Oats. No2. 2Oc bid. Rye. No.
33c. Corn, No. 2 mixed, cash, 25c.
LIVE SroCK-Choice native s-eers. $40 to
si60; prime native steers, S4.15d 4.35; good
native shipping steers, Az. 1850 to 1850 ns.,
si.00di.20 fair light shipping steers, av. lG5o
to 1850 fbs., S355@3. 800; fair to good butchers
feeding steers. av. 1000 to 1900 lbs, 43.4O9
$780, good stock steers. av. 500 to 1000 ns.,
good flesh. s2.90a3.25; choice cows and heif-
ers. s2.9563.25; good cows and heifers, S2.5O
d2.s0; common to fair cows and heifers,
s2.00@2.25 mich cows :l5.OO@50W
Hogs. heavy packers, s. 509S.60; Light and
medium grades, sS.20Q345. Sheep, prime
natives, S325@375; good medium, S2.5od
$50; common stockers and Mexicans, Ellis
@2.25.
PRODUCE MARKrr-Apples. s250@3.25 per
Dbl. Butter, good to choice l0@l2c. Egg., ga
Zoe. Chickens. s2O0G2.5O per doz. TURKEYS
9,dl0c per h. dressed. Chickens, Ca
&C dressed. Cheese, Iresn hansas ouinc.
choice Eastern. SIC. Cranberries, S6.0O@s.0o
per hill Hides. green. 4d51Sc per h.
New York - Wheat, firm; No. Chicago
$1,000 LOB; No. 2 Milwaukee. sl.Oid LOS: No.
red winter. sl.l02.; No. 2 amber. Sl.095. clio
Corn. quiet; steamer. Az a 4iasc; No. 8, AZ &C.;
No. 2. 45sic-
Milvxukee-wheat, firm: hard, 99l8 No. l.
size; No. 2, Ole cash. and Feb; 81 sc March;
92s.c April; No. 3, 7sc bid.
Chicago-Wheat Feb 9l3zc; March, 9lac;
April. 92JSc. Corn. Feb. 33c: March, 80 &C.;
April $3.50: May. SIX IA $3.50.
Baltimore-wheat. western firm At Sl.07 ! q
l.07i,. Corn. mixed western steady at a.. "a
.i4ikc.
Toledo-whest. firm No. 2 red Wabash. So
Feb; 99i.c March; 5l.0li4 April; clos May.
Corn. steady; No. 2, cash. 34S4c; April, S6s.c;
May, 37s4c.
ST. Louis-wheat. Feb. $3.50; March, cleo,
April. slOl: Nav. Sl.O2s. Corn, Feb, 321sc
March, s2iIc: April, 33lsc bid; MAY, 3i54c;
June, 81 &C.
Liverpcol-Market for breadstuffs quiet and
firm: quotations unchanged.
London-Cousols. 90 SIG.