, 1881-12-31
OATS.
TIE MOVEMENT or OATS

Inns been n very large one, exhibiting an In
crease over TINT OF 1880. The receipts Of tho
pnst yenr were q. 600, against 2}410,DlJ
bil III 1880; ard the shipments were 70 222S 900
bu. against 2),6iy, All bu the previous year.
IL Is worthy of notice TINT the receipts Of
15S0 exceeded those Of 1879 by Al per cent;
md exceeded BY nearly q per cent those OF
1878, which ltad previously been tic burner
year, Tho market las averaged higher than
ever before, oil specie basis, except In 1874
and 1876, when tho averages were about AlIc
and 4lc respeetiyclyi while they averaged
ufkst has bs tia preter ne tane n 10 o. ~
being nearly one-I,aif OF tho lowest, or one.
third Of the highest price.
There was comparatively little doing In n
and tic market ruled Very steady. In siarelii
two or three local capitalists surveyed tho
situation and concluded ttcre WIS money in
it. Tle crop of 1850 had been called short
Of oats from first ,ali!ls III the fal, aid u fair
movement latter, with unusually btE exports
Of oatmeal to Europe, from which 1t WIS in-
terFed thht few mats remained behind on the
vested heavily fur May, expecting to b. a6io
came round. but receipts wery larger tilan
expected 9!' tl1is ,i icn.G;S'iragsd ~; TIE crowd 10
stead Of a profit In It. Then the May
contracts weru transferred into June,
nnly to meet: With siml!nr fate,
thn4gl, corn aud wheat were looking, up.
Still another transfer WAS made into Jn1y,
nnu as ineasttre nf se]f-protect|on. possibly
spicetl with little revenge, thu hnla wns
deepencd-a!l tie more el.sily as tile lears
'S9k ,yssrr s9GEe from the sXpeEisnse ot tc
ter
n1scostrITURE TO THE SHORTS;
but It was probublyn n denr!y-boukht victory
h,r', for tis lorgs To hiEa prices Sl'n1y
country, sweeping tho farmers bins bare
How closely tho scasenging worked may be
Inferred from the fact that for two or three
weeks after tho close of July these oats were
rs fast us they had previously come In.
Large quantities. were sent to lending points
W this State. and even to st. Louis. while
milwaukee, took liberal quantity. Several
trlbuted, back where they came from to fit
consumption.
Aided by te rise in wheat and corn, the
with nbout 5,0u0, 900 bu that Ind to be either
bought from the longs or defalllted OIL.
Nearly l. 10000 bn was left untitled, to be
afterwards settled for on tho basis af .l:N,
1t i understood that, Of the seven to eight
lnl'lioM bM cnsll oats on hand, tho longs sold
nbout five to BE- shipped East, and sold the
rest Ill tnlS CITY OF lUf feSlllplnellt 10 IlIb
country, MS above noted. Some Of tho outs
wcrp soltl at considerable discount from
the nominal market price, In nrt!er to cIosu
up tile account before NEW oats were press
Ing On buyers In composition with the old.
any magnitude III oats, though prices kent
np, pretty. we'll during tile autumn
in sympathy with corn. There wns
n strong pressure In December
run up to about Alay. prices. The CAUSE was
MI unusual demand to fill shorts for the
year. which hNd been put ont to the extent
Of 81: several million Du' n, n pe and nnter,
brought in oats 80 freely that ttiu daily ru-
cefpts have recently been. nearly equal to
those Of corn. and exceeded them Two or
three days., giving the trade about all they
wanted to handle.
PRICES,
The following tablo shows tho monthly
range and tho average price OIL No. = outs