Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1888-11-09
EsAES E2EiTs.
VINDIcAToR OFFICE.

I
STAUNToN. Va, Novemb Der 8th. !
The weekly review of Dun & Co. for Nov-
ember I'd, says: 1.-THE interruption of trade
by political excitement has increased. as is ma
tural, and yet the volume of business co nti-
nues larger than usual and probably larger
than in any previous year at this season. The
single fact that bank exchanges outside of New
York in the last week, but one, of Presiden-
tial campaign, exceeded those of last year by
104 per cent, the clearings of lasty year having
been exceptionally large, proves that the vol
ume of legitimate business is unprecedented,
or only part of the increase can be attri-
buted to excess of speculative operations. In
deed the speculative markets appear to have
been more affected by political interests than
other departments OF business, and in stocks
the sales here have been only about 1000, 90
shares for the week, in wheat about So, 400, 900
bushels in cotton about SO, 600 bales, and in
other markets rather smaller than usual"
The Agricultural Department estimates the
present crop of wheat at All 900, 900 bushels
in round numbers. The Farmers Review
put the total at 419, 600, 900. The actual pro-
duct in 1887 was 456, 600, coo. The indicated
shortage of 81 900 600 to 45 000, 0G0 is consi-
derable, of course, but taken alone, is very
far from justifying quotations in this country
at prices higher than in any other market of
the world. Touching this point the New York
''Times" says
1.-THE plea on which the spectators seek to
justify themselves is that the shortage is uni
versal, and therefore, cumulative, the demand
throughout the world ma-sing itself in this,
the chief producing country. The Financial
Chronicle" and the figures of the International
grain market at Vienna supply q test for this
position also. The worlds product is placed
at 1892 GOO, 900 in 1888, against ,977 000 900
last year 1t is also estimated that this year
the demands of the importing countries are
port CT the producing countries, including
the United States. The Financial Chronicle
estimates our surplus for export at an even
1OO, 0GO, 600 bushels, or say 10000, 600 under
the exports of 1887.
GRAIN MARKETS.
81 Is; very good ii IA good, $l.10. Corn-old white
SAC; new SOC. Oats SOC.
BALTIMORE, Nov. 7. Wheat-Southern quiet and
steady; Fullz $l09a$l.l3 Lorgherry Sill a$l l3.
Corn 55a56c. Oats 2Sa33e.
CHICAGO, Nov. 7-Wheat opened strong and re
higher than the closing price of M nday, and is
quoted at sll5ss. Corn and oats unchanged.
LIVE STOCK MARKETS.
BALTIMORE CATTLE MARKET. Nov beef
Cattle.-Prices of Beef Cattle ranged as follows:
Best.......... $i.25 4.50
Generally rated first quality. $50 a 40
Medium or good fair quality 3 90 rs
Ordinary thin Steers Oxen and
Cows. OBSERVATION-DISCLOSURES. 225 215 %
Extreme range OF prices 2.25 a $50
Most of the sales were from......... ESQ 425
Total receipts this week 1888. Total sales 1916
or the receipts .5S3 came from Virginia.
| The market has not been active this week Some
dealers thought values were shade firmer, while
others could see no change. The quality averaged
better than it did last Thursday, there being
rather more good cattle offered.
SREEP AND LAM IS There is decided falling
off in the number of the offerings as compared
with last weeK The quality will scarcely average
up to that of last Thursdays receipts Prices are
tnfle off from those ruling last week, fewer sales
beng recorded at the top figures than were OBJ
tanned then. Trade at best has not been by any
means active. We quote butcher Sheep at 2l@at4c
per lb gross and lambs at 31aa5A per lib gross
Stock sheep sold at sl.5ca$3 rs per head. Receipts
this week of sheep and Lambs S.G6l.
| BALTIMORE HoG MARKET, Nov 5-Arrivals OF
| Live Stock at Cllremont Stock Yards via Bait.
more & Ohio Railroad for the week ended NOV. A.
| 149 cars, containing 2l60 Cattle "a Calves, 235(
! Sheep and Lambs, 4644 hogs, and Horses.
| Shipments to New York, Philadelphia, &C., 151(
| Cattle, Colt. 9i5 Sheep and Lambs t07 Hogs.
All Hogs and Sheep sold in these Yards are at
gross light. Receipts Of Hogs this week are 354;
AGAINST 29lS last wesx, fairto good Hogs sold at
5000, Pigs at Is and roush Hogs at s5,cos
| IS 25 per 100 lbs
RICHMOND LIVE SrecK MARKET, Nov 5-Re.