, 1879-01-01
est price Of the past year WAS much below tho
average price of fy1111

average price Of 1877.
The cat crop nj 1871 Was probably the best,
loth in quantity anil quality. ever raised in the
United States. Many Of them weighed Dit9'h
lbs to tho measured bu. which made them very
attractive to European buyers, and thcy took
hold o[ them freely. willis the low price stImu-
lated an enormous domestic consumption. lhe
demand wAs 50 good that there was no accumu-
1atfon at any time, though holders marketed
about Ill forwarded before August. Tie oats
wers consumed as fast ~ sold. Tho last crop
was probably
Tifs LARGEST ErER KNOWN
In hushcta, but the weight shows a considerable
failing of, ths average t,einr 81 le33 lbs. This.
however, 10 not mich below tho ordinary welglte
Of the oats raised 10 the United atstcs; and II
IL worthy OF t.tunrk that tue heaviest oata ate
though they yield tho most meal. Our best
region tributary to the illinois &
Miehigan Canal. Our hest oats havs usually
come fronl Northern IllIuufs and Southern VIA
eonstn, but they srs now cpu,ln1 from Southern
1llanuts. Tue reason IL thai The extremely hot
weather ssas injurious to ttts oats whfcn did
not mature carly, and eh,st gruwn tasthest
than ttI'sr growing I,ose to the ,It,rthwara. 4
good MANY Of the oats have graded as rejected,
but those passed as No.. :, arc Ins 1T quality,
and give good satisfaction to eo,1sutness
TIE fURk10a bANANu
has been good and steadY Oil the new crop,
Notwithstanding the somewhat poorer quaIt',
md some lUo. .ooo bu pei. week were exported
during The autumn. The movement would
cosis very nearly as much to transport 4 32.n.
bushel Of oats ncruss he occan Is a t0-n, oushcl
vi whcnt. Hence the fayorttc form for export
Is oatmeal instead OF tr grain, and tht exporta+
portion of tic crop. solne OF our oa.a have
hccn taken for Canada. and ground there. The
French markets have absorbed = good many
of our oats, the heavy. black kind being pre-
coa pSs s sSs TGS C a mee Thss
want not less than thirty-three pounds 10 the
buslcl. We note that tue demand for white
oats has almost uniformly exceeded tho supply,
though good nasy OF our oats hage been !n-
spectcd iNtO that grade.
The the dry weather permitted large part OF
the last crop 10 be thrcshed 10 the field, aul It
was scnt to market early; our receipts last Au-
Eu.t we.s m,eh ts .arSeas. a Of ,y at.y 01e month
movement has been SO ircc that the 9rcatef part
OF tho surplus lhs been alrcauy tnarketetf-.cer:
taiuly cvcry busticl that cannot be held
Ss ., 01s d. T. tn' eass vopyy Dy ae'@ oDer
ators agree in expecting that tho move
mgnt OF tho present Winter, and next spring
aud summer, will not be large one. and feel
Inclined to !ook for better prizes thau tho e.
last crop. Oats hare so!l lower. l3e psr bu
having been touched bciuto tho War. but they
have never Sold so low as iu 1S78, taking
freight rates fnto the account.
TIE COURSE or THE MAnKET
has been steady, as notcl above. TITO forward
movement OF last winter was a Tree ono, as con.
tinucl undertaking by tlie rallroaus Invited
snp5ets to o2srts sqse tea reS: hnss
large trade. There has not, however. beeu
much speculation Ia Oats during the past year.
Indeed there has been none. with the execution