Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1899-02-09


Boston, Feb. S.--The improved tone
noticed last week in the butter mar
ket has been sustained, and the ten
dency continues to be in favor of sellers.
This is particularly noticeable in higher
grades. which have been kept cleaned UP
for several days. but it extends more or
less to the medium and lower grades,
which have been taken to a fair extent
by exporters and which are in much
smaller stock than a few weeks ago.
The export demand has been the prin-
cipal source of strength to the market.
1t took off the accumuations which had
been clogging up the channels OF trade
for some time previous, and has left the
way clear for the fresh receipts. which
have been comparatively light for
week or two past. The severe weather
has kept the make within limited
bounds, and if supplies do not too rapid
~ increase a healthy movement may
be looked for during the remainder of
the month.
The advices received from New York
and the west impaired stronger tone
to the market and dealers whose in
voices ran small We're inclined to hold
out for slight advance, but it is hard
to find anybody who has obtained any
higher prices than last week. This
statement might be qualified by except
ing a few cancy lots, which receivers
say they sold al p cents. But in the
great majoiety of cases 20la cents was
the top selling rate for Wholesale lots
of Vermont and New Hampshire, and
the quality had to be full extra to COM
mand that price. A good deal of the
northern supplies were not salable at
pver 20 cents, and some ranged lower.
There is no change in the cheese sit
nation. Demand continues moderate
md prices are steady on the basis of IL
10 lie cents for choice northern. Stocks
here are steadily being reduced, and
holders are as confident as ever in their
views. Montreal advices indicate a
strong market there, with prospects Of
higher prices in a few weeks. Although
Ele Liverpool quotation here has run
along at 40 shilings for a week, cables
to Montreal quote finest cheese at 81 to
81 shillings, with good Consumptive
demand.
The market for western eggs is firm
at 20 cents for best marks, with 10 to
1879 cents for lots slightly affected by
frost. Eastern are in light supply, and
selling at 20 to % cents. with a higher
range for fancy new laid. Receipts
quite moderate and all were pretty well
cleared up. The stock in cold storage
is reduced to 2047 cases, against 2250
cases same time last year.
There has been heavy trading in wheat
the past week, but early prices begun to
decline, and have gone off about cents
for the week, or what amounts to a good
part of the gain in the wheat speculative
markets since the oath Of January. Gov
eminent estimates Of the crop-the final
one-putting the yield at about so, 900 900
bushels larger than the trade expected,
was the feature that started the decline
followed by the idea that prominent
holders We're wanting to get out Then
followed an estimate that showed that
the coming winter wheat crop is to show
a still greater increase.
Such causes have been sufficient to
drive down any speculative market, but
all the time there has been an under.
tone of firmness that has really amounted
to good deal Of strength which is likely
TO be more apparent as soon as the pres
ent speculative turn and profit taking is
tinued liberal buyers of wheat on the de
cines from day to day. and the total of
exports for the week was / 900, 900 BUSH
els over the preceding week. There is
not the least doubt but what America
still controls the export trade in wheat,
with the promise Of only a small supply
from any other countries
Receipts Of wheat from tho interior
1n~ h,,1
cash wheat has not declined as much !
the future months. and that the millers
have been liberal buyers on the decline.
The -four market Is very dull, as it al
ways is on decline In wheat. 1t is a
rather curious feature of the trade that
more buying is done on rising markets
than on falling, the trade immediately
losing It's courage. unless stimulated by
rising speculative markets. Spring
wheat patents, mill shipment. may be
quoted at s484.5o. the latter price for
the best known to fancy brands. Trade
committee prices are easy at Spring
wheat clears. s3.20@375 patents, s4.1O
OATS; winter wheat, clears, S35On4:
straights, $S,60Q4,20; patents, s4@4.5o.
Cornmeal is rather easy, on the po-
sition of corn, though quotations are
unchanged, Oatmeal and cereals are
quiet and rather easy.
Corn is easier, with trade quiet. The
speculative markets are fractionally
easier, possibly more in sympathy with
wheat and corn than from facts con-
corning the oat market alone
Hay remains quiet, with only the best
hay firm in prices. Straw Is dull
though steady. Millfeed is easier. Hay
ss414; fancy jobbing lots, $15G16; rye
straw s9@l6; oat straw, S6ds.
The pork market is fairly steady. with
the tendency pretty firm. Boston pack.
ers have made a slight decrease in the
number Of hogs packed for the week, the
total being about 39, 900: preceding week
$4,000, same week year ago, a. 900
There is very good movement of Bos
on-packed pork provisions and lard into
export, the total value for the week hay.
ing been about s207 900, preceding week
100000; same week year ago, 1855 900.
Pork packing in the west has been KEEP
up to exactly the same figures 6 preyi
ously noted, according to the figures Of
the Cincinnati Price Current, the tota
packing for the week having been 535. 0Ot
hogs; preceding week, $50 900; same weel
a year ago, 475,000, The total packing
for the winter season to date has beer
1906, 900; same time year ago, 6,555, 900
increase, 1850 900,
A quiet home trade in beef is noted
with tho markets OF the west firm
Shippers continue to complain Of tn,
scarcity and high prices of cattle anc
TO urge upon sellers here the need of bet