The Vermont watchman. [volume] (Montpelier, Vt.) 1883-1911, 1897-07-07
MICHIGAN.
KENTUCKY AND INDIANA
Current Comment.

CoRN.-The demand on spot is quiet, but
the market holds about steady, with buyers
paying quotations as supplies are needed
CHEEsE,-Receipts for export this week
were 1887 boxes. The arrivals have been
liberal of late and demand has been so slack
that large supply has accumulated on re-
ceivers' hands.
OATs.-Trade is quiet in all departments
OF the market but general values are about
steady. The export movement yet holds
on well. Buyers on spot are operating
slowly at about the same range Of prices.
Receipts have been heavy and
large proportion Of the arrivals have been
more or less affected by heat. There has
been fair demand for choice fresh stock
at about former prices but for the general
run of western we have had a very dull
market for the past few days.
HAY.-There is yet dull demand for hay
and prices are weak in the face of the more
liberal receipts. This does not apply to
fancy hay however, some cars even yet be-
ing sold above quotations. The supply Of
the lower and medium grades is excessive,
and prices on such range in favor of the
buyer
FLoUR.-Flour continues slow, and the
market closes easier, although both wheat
and -four have shown higher cost than last
week. Buyers have no confidence in future
higher prices, and are operating from time
to time in moderate way as they need sup
plies. This makes something doing all OF
| the time, but tie market lacks life. Prices
are not materially changed.
BUTTER.-Recepts are still heavy, but
| there has been steady fair demand for
strictly fine fresh stock at full former prices.
Some of the late arrivals Of western cream
| cry are showing up more or less sour and
| summary, however, and such lots have to
be sold at easy prices. The market for
northern creamery has been somewhat ir-
| regular, owing to the fact that comparative
ly higher prices are obtained in the country
than can be realized here.
LUMBER.-The movement in spruce lum-
Der has been hardly any greater this week
than last. The dealers are not very anxious
to buy, as they are not doing much business
themselves. The month of June, while bet
ter than May, was, however, disappointing.
Some few yards had good trade, but the
| majority pronounce business below the av-
erage. What makes the situation all the
worse is the fact that 80 many cargoes are
coming here. AS 1t 10, however, the re-
ceipts are not as large as they were year
ago this time. Prices, however, are full as
low as they were then.
WooL.-The bottom of the wool market
was reached in August, 1896, just before the
Vermont election. At that time fine staple
Wyoming wool was sold in the Boston mar
ket at 30 cents the secured pound. On Au-
gust 49, 1885, we stated that prices then ruiz
ing were the lowest likely to be known for
generation, and expressed the belief that
with the defeat OF Organism, first in YER
mont and then in the nation, that wool
would steadily improve in price. The event
has justified absolutely our judgment. This
| week fine Idaho staple has been sold in Bos-
ton on basis Of 43 cents the secured pound,
an advance of thirteen cents the secured
pound over the price brought about by en-
acted free trade and threatened free silver.