, 1879-06-22

Cattle Eo. .' =. 49,. II, oo7. 14.oss IL, a94
| The following table shows the exports from
New York for the week ending Thursday even
ing last, with comparisons: >~- 7~:,>
jung 1s7s =. rs; as7a: j. '"1f is7S: IS:
Tsa WSea 0fs. 5s $Ss ofS g. Ss1 81 sas as S3S 3S
Corn, bu... .-.. =. 2o8 ass 1856 $50 ORG. 7o5
4 committee Of the Board OF Trade has been
appointed to meet Monday afternoon and con-
fer with railroad officials in regard to the diff
culties now experienced in the handling and
transfer Of grain BY rail in this city. The dill
culties referred to and most complained OF are
not those incidental to lack of cars so much as
those arising from the methods Of check used
by the railroads. These methods seem to be
much the same as those Of the olden time, and
have not been changed to meet the require
mcnts OF the business. Cases are not rare in
which the railroad officials lcsesght OF receipts,
and do not include them in their bills Of ladtng,
| though the paper may be actually In their pos
session. a shipper will send au order for
the transfer, on track, OF {say} twenty
five carloads Of grain, and receive q
bill. Of 1ading for twcnty~three cars, the
others not being accounted for till after the
lapse of several days. Last Friday morning
one firm counted up no less than 800 carloads
of grain, the accounts on which could not be
made up because the receipts for some OF them
were held, for some informal reason. by rail-
road officials. If the Committee should Sic
coed in strengthening out the tanele they will
have conferred great service upon the ship
ping members OF the community.
| The freight on wheat from Milwaukee to
Chicago is Nc per bu. Adding Ike for storage
here, aud 74c for insurance. inspection, and loss
in weight, we have 215c as the total cost Of
transfer. Hence if the price in Milwaukee be
more than 21zc below the price here it pays to
make the transfer. The Milwaukee quotation
advanced 9<c Saturday, probably because OF the
expectation Of q bigger demand for Chicago.
The condition of the June wheat deal NAV bo
inferred from the simultaneous offers on Satur-
day to pay $1.03M in settlement, and to sell at
S1.03A in settlement. Both longs and shorts
were apparently anxious to trade "where it
would do the most good": that is, where it
would directly cancel their obligations
The leading produce markets were rather
tame Saturday, and averaged easier. Hogs were
quoted lower, and provisions were quite weak
at times, though the resulting decline was not
very severe Wheat declined 19c on futures,
with little change for this month. Corn was
steady, with more doing in transfer from July
to August Oats were easier, rye steady, and
barley firm.
Lake reights were quiet aud unchanged, on
the basis Of 1s]c for corn By sail to Buffalo.
Through rates On do, 5N@6c to New York by
lake and canal, and 911c py lake and rail to New
England points. Rail rates we're steady on the
basis Of 15c per 100 lbs to New York. Through
rates to Liverpool were quoted at 471Sc per 100
lbs on meats, and do to Antwerp at 5S22zc, being
based on the through rail rates Of tile coming
week. The rate on corn on the Erie Canal is
quoted at 914c, which is the lowest ever known.
An advance in rail rates is promised for the be-
ginning OF this week, 20c per 100 lbs OF grain
being charged to New York. It is believed that
the result will be decrease Of the forward
movement by rail, and some lots Of track grain
were ordered into store Saturday, because not
wanted by shippers. -,
There was a continued fair order demand for
staple and fancy dry goods, and prices were as
firm as before. Groceries we're again reported
active and most lines displayed positive strength
Under largo and increasing demand prices of
sugars show an advancing tendency. Cofrees
at the moment are quiet, but the reported par
tial failure Of the new crop gives the market
strength, and the tendency seems to be- to higher
rather than lower prices. Teas we're active,
with new. Japs selling at 45@69c. The fish mar
kct had no new features. Business was fair at
former prices. Dried fruits remain quiet and
nominallY unchanged There Vas u moderate
demand for butter and cheese at about previous
quotations. Oils were quiet, with an advance Of
Sc in linseed, the only change noted. The leather
market was strong at the recent advance. Since
the upward movement began there has been an
advance Of 10@15 per cent Boots aud shoes re-
main quiet, but the enhanced cost OF production
gives prices an upward tendency. Coal was I'M
changed. ,, :.
Lumber VAS quiet at the sale docks. The
offerings were small, and the rain Kept every
body indoors. The yard dealers are receiving
plenty Of orders from the country, and dry stuff
is active. The wool market was steady under q |
fair demand. Hides advanced, and appear to
be strong under brisk local demand, and the !
advices from other points indicate strength. I
Broom-corn was unchanged. The seed market |
was quiet. the stock offered being small and |
firmly held, except the late varieties The street |
market WIS abundantly supplied with green |
fruits, which sold slowly, owing to the rain, and
were easy, except Strawberries. Potatoes vero