, 1879-07-19

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Withdrawn from store during Thursday for
city consumption: 1,t53 bu Ahcat, Go b'i onts,
3,b33 bu barley.
Tic following grain WIS inspected Into store
In this city yesterday morning: II cars No. am"
t,er wheat, q cars No. . do, 8 cars No. red
wiuter. GO cars No. 2 red, 20 cars No. do.
cars Iow grade. n53 wintcr); 2cara mixed wheat;
Ii ears No. spring. 10 cars No. do. Is cars
rcjcrted, ears no gra1o {63 spring); d cars
high mixed coru, cars new do, cars new mix.
cd 285 cars aud 81 100 bu No. corn, 52 cars at'd
1000 bit rejected, cars 10 grade (+47 coru); is
cars white cats, % cars No. mixed, 10 cars ro-
Icc.etl {oo oats); cars No. ryc, u .ars No. 3
do, 8 cars rejected {2o ryo); ears feed bartcy.
Total i77o cars), 9a5,0oo bu. Inspected out:
s0,Go3 bu wheat, 8y5, ,03s bu corn, 27,G3 bu
oats. 27, 40 bu rye.
| We note that the difference In price between
M. and No. 8 spring was onfy GGl8c Der bu
| yesterday. Thls Is abont equal to what ntlEeEs
| say ID the actual difference III vnlue. 10 that
there Is room now for at actlve demand for our
No. 2.
THO lending produce markets wero quite
| irregular yesterday. Wheat and cats wcre
weak and nervous. provisions lover, and corn
| was stcadter. Tho !trst-namel WAS the subject
| Of much excitement, tic market being more
nnhctt,cn e7cn than last week. Tlc decline OF
the previous day, wheat going 1oAn about 1c
i on tho curtssouc after the closo OF tho regular
trading, brought out good many orders to sell
yesterday morning. It also induced free call.
Ing for margins, and th!s Increased the value OF
offerings. which intensified tho weakness. There
WIS regular slaughter OF long wheat on the
carly cali, tic market !orlAuguet declining 3Ac.
On 'Change thcfo was rally In futurcR, tut
| ti.s mouth was terribly weak, selling ut anc
time at IL below the pr[co for August, and at
about tie sumo price Us September. 1t WIS
noticeable, however, tllat cash wheat WIS
"scnree," md could hardly bo bopght ut 1c
above the quotation for July. Ouo order Tor
shipment was only partially flled even at that
premium.
This fact suggested tho exclamation which
was widely mndc, TINT tho pauicky feeling be-
longcd to the July deal, the ''tailors" selling
out. The parttcs here referred to Ind bought
for July dcliYery, cxpccting u squeeze by Kccne
& Co. for this month, An,l hoping to profit by
It. The rnmor that the Ktene party had pnr-
tla1lv c!osed the deal BIZ selling most Of the
wheat now hero to bc delivered in August,
and lind no further interest IN sustaining The
July deal, brought the 'Jaly wheat out with q
rush, and rs none but shorts wanted it,'nnd
tbcy wcre cy!lcnt1y H. tho minority, prccs
went down with rush. Other futures weakon-
ell iu sympathy, but not to tho sano c1-
tent, There were, of course, other
/ hntkx &4
weakness, Tile British markets were
quoted easier by priraIo advtccs, though ap-
parcntly the casier fcelIug l,ad not existed long
enough to varrant the public reporter In rccog.
utztne It as sat leaat TOT q time permanent
Aud, In addition, tho receipts Of winter wheat
at lhls point we're on the increase, willis those Of
snr,ua rcgnatned small, hut With not much vi
a shjnptux movement.
rood dea, of August wheat Was sold Yestos,
dgy by parties who hare hitherto been supposed
to be working with or a part of The controlling
mower in tic wheat market. THIS fact was ac
coutcd by some AZ q proof tiut the wheat deal
: Ems bccn abandoned Ia despair: the rrcnt
no,nt against this tlrory was tho faci
lint tl,u WHEAT now in store was moi
IN the market yesterday. But why II
Ines mt move out was tic enigma with the
many. They prruc1 tlat It certainly would l.ays
hoc,, ehtpnea ont bcforo this IT It were mt III
tcnle1 to bo uuloalc0 hero as !" the best market
In tho world " for tic article. Some there wcrt
vim thourht TINT the owners OF tic wheat l,at
naa1 !, ,"rc actc-,n3nra 10 forco fnrc,rn buyer
tn romc for n. mi, unitcd too loug,
, f}a,, i,ec])nca about ,c for suot, and kc o,
g,turcs In g, ,,nna,hy with wheat: Nh;Ir cort
,.as ,,oi,srota,v s,cndv. in ronscn,,cr,o NJ ,
y goo, Iomou1 for shinmcnt. Flour was rt)a
IT, ~, r., ft- .x,,rt a.,,out .,ul !, -,