Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1899-10-17
Market Gossin.


Chicago. Oct. T.-Lyons estimated
receipts for today are: Wheat 155 cars:
corn, 500 cars: oats. s25 cars. Hog esti
mates, $4,000 head.
The freight situation is the all i'm
portant one just now for the grain
Spectator. The moving of grain from
this country to Liverpool having adj
vanced > cents bushel within the last
two weeks, new business with the other
side has been checked. Some business
lis doing. but in the main it is believed
to be by exporters, who have been
caught short at the other side who
| must do business. willy-nilly and
pocket their loss. Exporters as rulo
are of the opinion that in the readjust-
ment, to meet this extraordinary in
icrease in freight cost. the foreign mar
kets will advance some and the 4Ameri-
can decline some The freight situation
has been the important factor against
Wheat, corn and oats the past few days.
The interesting question now is as to
how long the advance in ocean rates
viii hold The English government has
taken about 100 of the tramp steamers
To transport its men and munitions u
South Africa. The withdrawal of this
tonnage has resulted in the doublini
OF the ocean tariff, all within less than
two weeks. Exporters figure that ocean
freights viii be apt to hold at their
present unusual figures for some time.
The English government has char
tered for three months and IN some
instances for six months. SO that the
hundred and odd steamers which have
been Withdrawn by the English govern
tnent Will not be available again within
that period. II is not easy to see then
how there can be any important decline
unless the rate greatly cuts off business
III takes tramp steamer about forty
days TO make round trip from this
side to Great Britain when it is in the
grain trade, ard consequently each
steamer which has been taken by the
British government for ninety days
means loss to the grain trade of al
least two cargoes, and each steamer
| that has been taken by the British gov
lerninent for six months means loss 10
! the grain trade of four or five cargoes
| lnasmuch as 100 steamers have beer
chartered by the English government i,
lis easy TO iigure what draught there
has been upon the regular available
grain tonnage.
1 The advance in ocean freights i'm the
past ten days has been. according to the
iseaboard gossip. a very serious matter
Ito some of the exporters who were
lcaueht short freight. The figure was
suddenly moved up from Sd to 3D. a
matter of about &c bushel. Any such
iloss as that on grain itself will be con-
sidered extraordinary, and of course i,
is none the less a burden because the
| shipper who is short the freight has
made his loss on the freight and not on
the grain.
LocnI Markets.
! The following prices quoted are as
nearly correct as 1T is possible to OBJ
tain. The quotations are TO- prices paid
by dealers, corrected Tuesday after.
noon.
GRAIN AND FEED.
w. II. Sloppy reports the following
prices:
| Wheat-53m56.
| Oats-19.
| Corn-24k
| Rye-46
| Hay-Tame. $50: wild. $50.
| Timothy-s5Q9O.
Clover-4OO.
| CORN.
The Glucose Sugar Refining Com
pany quotes a price of 25La cents pei
bushel for corn of No. 3 grade and bet
ter.
LIVE STOCK.
Receipts today, ITS.
Britain & Co. tn paying me follow
ing prices for hogs in wagon load lots:
Selected light. 40 to $50 pounds, $3.50
Selected mixed, $50 to 800 pounds, 1850
Selected heavy. over 300 pounds, $50
Coarse and rough. SO cents less than
the above prices.
Stays ana piggy sows graded accord
ing to quality after reduction, Rough
includes thin old sows. milky bellies
and hogs unfit for packing. Premium