, 1880-01-01

clique delivered 1,oM,ooo b,,, being NJ, tho
winter stnretE wheat tint rcnininctl on hand.
which 79an ,wns deducted fronl the scllinE
price to ,nnkc, It regular to tho buyer, who
hrokc the market from. ol6tfs'c Ohc previous
hit more WINS delivered, which closed ont tho
deal aud left the trade Mnrc In wonder than
t,yrr TINT tho cnrrlnr Ind mt been extended
Into July, When tlle current receipts TO bo
the w!lole Of August t!o market ranrc,l be-:
low f)c, the average price for that month ln,-
lug sltndc under stc; anil Of, Sept. l'wlleat
SOLO NJ '. S spot "wmS to t, rerts t'at or
to be tho lnrgcst ever known.
THE A,'rrMx nooM
;et II carly N Sentc'nfcr, Eastcrn capital
ln9!ltl, Tug unusually bn! wrntlicr In West
q, .In Eurnps being the stimulus 10 in!ytstmcnt.
tloil, Of the laews 1T extensive erOp failures
M the otiior stt!c Ut tho Atlantic, gradually
tnnk h9ltl Of the lnpufar llrart; and. chiefly
through tho c'for:sof the country press, the
being sold too cllrnpIy. 'rhe city followed
tile country, anil snun there wins q boom
nt ponnlnr, confidence. t!lnt swept MI
before It. Under the outside conditions Ut
have afvai'ect ,,'.lc1l OYER one tnllnr III coll-
sequence. But snlney wns plenty. Elnniiuct-
.lres rsylyingf f nl"i stgcks 0f Ill kinds EotnR
up rapidly. irhe s'rplls Gl'erKy of tl!o Vest
Tho people bought It. All classes. from the
'nerc!unt to the fnrlll-fnlld III Tho country,
aln tic Millinors, bcil. boys, aid i!ooi-GIackss
l., tlle c!ty went into wlieat II is note.
bought With the intention q ",stayins in thu
tlcnlH III spring: l1once the fluctuations Il,
prices, due to ehh nlMi i!cw II thn tlelna.nl,
brought nut comparatively tltt1a wheat, Tho
short, md tic recoeetion II tils fact lat ill.,
veSti'lellts by The multitude liave scltlum been
Of long duration Induced many slIrewsl cnrt-
tnlists to Gn IT, llpayy nsl the sl,nrt side. T1My
Sss oss sssssSS aa Ill @ not m mr #as aS a Mfs sss M
lone however, WINS OH q mnl,'notth scale:
Exporting houses Of! The sealuarl went
down lor big Sums. 4 proninet ary~gools
s,lcc,,iubIng to lis inevitable. hnI seyeral
others list nearly Nil tint Ind bGcr gained by
years years q industrious application to their own
Not few Of the speculative class Of OK.
tl,eir obligations, They were mostly men
who oper'ted on the Scaboart!, but tue effect
tt ths s "r @ ss M se k setE ow sfy by
tlM weight Of their offerings, III spite Of nii-
Imral)clG.! storma ln EnRlatlll about harvest
time. When tho vessels arrived to tnke the
tSa Eraln OIL 9 beard ~; only part q It wns rely f"r
necessity Of buying almost Wildly ut ono
time iii every gr1lll market III the Union to
honor the cnntrasts they hatl ma,lg to dc.
Ss HIT inc s'fbtS sy wf saa IL Mee?nSs Ss 9a If 9tS5a q @ t
liver on time. caused, II similar tight
1ieSs In England, where tho cnrgors
F n1a Ess s So 4.s, tR others tst II yaMeo
70 bc made from this city ieariy ut the Top. f
Hl,t tic Hurry was sobll over in England,
though Importers continued TO take. o,lr
wheat freely. Tho excitment subsidized all
lad bought largely llere at MI eariertlate sold
out on the upper part OF tho tlown-Eratle,
WINCH depressed our market and Steinmetl
the tide Of speculative Investment IN Europe.
tlry to tako care of the Immense volumes OF
wheat TINT l,nd been attracted towards them,
m! Eastern enpltal ngaln stopped in at the
here were kent relatively high, there being
favor Of shipments in tho middle Of Noycln-
Der,
OUR MA1susET FOR sror WHEAT
opened III Srptember at about SIC; on tic
1ltll # passed nc, with only &c discount on
sIjprsrs. On the ssd # passed si.oo; nsd;i
Snao 0s 7 & pssscA ps tai s9 M a S aoth T., q n ne
to Sl;to1{ ut thu clase of the month under n
seab;oard. ssaI1;, un to this ting the Apecnlatlyo
ysFgS and d o SlSy nfny INN 5 Gr fo1 Soy1gG n fs Dc
WnS lnrgp enough to gfye Kond profit to
capitalists on tile operation oil carrying Tic
;spot wheat; It ranged at aQ1.tl1c per month.
s ont a' ts so ssaEa fe SYf6 % S int s RisssT fSi t
though the l3rcES of tf,a middle nf Ontnhpr