Chicago Daily Tribune Newspaper, December 29, 1873, Page 5

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115 CHICAGO DAILY RIBUNE: MONDAY, DECKE IBER 29, 1873. Tho totnls include the oquivalont of four re- Aucod to wheat ¢ Elour, brin, Wheaf, b, 1871, 1,419,117 1310 144,050 s 3 Coru, bu, H 480, AL Ot e, NHLOR ; tye, 107,921 Barloy, bu 0015 "Tolals,, 791,608 "Lho fotlowing were the Tents Flonr, brie, Wheat, bu, Cary, ves 9,108,152 206 0 1,401,928 12,160,010 483050 47,019,560 8L 14,265,557 02910 770,603 4,201,150 5,033,308 Totolf ... .. 01,006,703 8,304,228 1,800,780 "T'ho total valuo of breadsiufly received is 806, 550,000, Tho atooks at tho closo of tho year are bont 08 follown : Flour, 95,000 brls; wheat, 1,646,000 bu ; corn, 1,156,000 by onts, 420,000 bu; ryo, 73,000 b s oy, 420,000 b’ Aboiit 4,400,100 b of grafu of all kinds have Leen taken from storo during tho yonr for city consumption, TLOUR. Tho movemont in flonr ahows nn morenso of not far from &) per cont ovor that of 1872, com- poring the ngprogated rocelpta and shipmonts, which last includes the oxports of city manufac- turo, ns well as those of flour recoived from conntry miils. 'ho eity manufacture has ro- ceivod o healthy stimulus, and tho nulls loft by tho fire have beon run to their utmost capacity night and day) dm-h:f 3 ‘;nod part of the year, Thoy woro interrupted only n fow days after the paule, by the diflioulty of procuring curronoy whorewith to malo ‘F\mtlmflc& Prominent anioug the reanons for this increased activity is the non-recurronco of the cornors which occupied 80 large o part of 1872, and which, by keeping up prices to an artificlal point, made our millors unablo to compele with country milis, Another thing in their fuvor ia tho fact that thoy can now obtain such whoat from the ware- honsos g they want, and can avoid tho cost of Btorago by taling grain from track when thoy wish to do 80, both of which were diflicult, if not imporsible, undor tho old regimo, Thoy can now mennfacturo brands of flour, the quality of Which may bo rolied upon as uniform, and, in cousequence, thoir flour s much more cagorly sought after than it uged to be. Formorly It was rather diseriminated agatost by thoss who wanted good flour for export. It I8 mow pro- ferred by many buyers to country flour that is mado from tlie sarne quality of whoet, z Pricos of flouy in this markot have averaged lower fu 1874 than in 1872, which is onsily ac- counted for by tho above noted facts, though in much betfer demaud than formerly. Indeod, tho past year hny witncxsod tho spiinging up of an export domand for Europe which seomod to havo loft ug forover. Binco 1808 and 1869 our Hlour trade hns exhibited an almost mnnd{ de- ereaso till now, and tho facilitios for moving it diminished in filko ratio; whilo thoro was obly one buyoer who took Lold of flour in considera- blo quantities on European account, Now wo_ lhave four such buyors in our market, and ns mnl\i' independent linen which pay specinl attentionto the moving of flour ; besidey, of courso, othor buyors in n smuller 'way, aud othor avenues of shipmont. Our flour market had fallon to wo low an ebb as to disgust somoe of onr oldest and best dealors, and induce some of them to give up the business. For tho firat time in four years, the volume of trade has boen Jarge enoughi to make 1t profitable lo commis- sion mon to pry specin attontion to it. Soma of this inereased uctivity is undoubtodly due to the greater domand for our breadstuffs on Buropean sccount, but the general aspact of tho trado ju- dicates tho past year ns the beginning of o more Pprosporous era in flour; as it is now possiblo to amako o littlo moro profit on tho expork of flour han ou the transportation of wheat in bulk, to be ground in tho mills of Groat Buitain, Prices of good shipping epring oxtras have ranged from 25,00@7.00 through tho yoar. The .highest xange was mot with during the lattor urt of January and tho month of May; the oweat in October and the beginning of Novem- ber; siuco whon quotatious have been higher, and quito stendy at S56.25@6.76 for fair to good whipping extras, WHEAT, Tho volume of our trade in whoat, like tat in flour, exhibits & large increase over 1872. The amarket hag not only been sctive, but unusually steady. The ravge in 1872 was (0o, while last yoar tho range wus 59, and fully one-third of tho fuctuation was duo to the panic of Soptem- bor. 'Tho yenr has beou singularly fres from corners, and all tho more singularly as our stocks woro down to a very low point during o consid- erabla part of tho time, which invitcd to manip- ulation, as comparatively little money was nood-~ ed to carry one ont to a successful tormiuation, Wo had a small one in July, which was sottlod up without o single failure, ‘Whent lios been in good demand throughout tor shipment, und more largely than usuul on . Airect Buropenn sccount. ‘Che wheat crop of * 1872 was excellent in quality and quantity, and was slghtly excoeded in both these important vospocts by that of tho past year, while tho Lu- ropean souscos of British und French supply v7ore mora deficiont than usual. Heuce the cons tinuous demand to supply on scknowlodged vhortago, nnd an nlmost coustant mergin of profit on shipment, such as has not boou met with in many yeavs, This, too, in spite of the cther unueual fact thot cash wheat has hoon at » prominm.over the current sellors’ ovtion al- post overy day of the year. In fact, thevo is no room to doubt that whilo thoe oxisteuce of & speculntive market m Chicago ndds, ou the gen- eral nvorago, sovaral conts por bu to the valne of tuo whent crop—more thau enough to psy the coat of storago and luspection,—ic has this year oyerated tho other way, The bear interost hng huan large, poworful, and persistent, They have bemmered away at it with all thelr might, con- sautly prophoessing o decline ; and their offorts bavo undoubtediy been the moans of lmn{ring quotutions in Livm'{vonl and New York at s low- er figure than would have ruled but for them. Tho effect of this, bhowaver, has o atimulate consumption, =~ and thus, ultimatoly to eularge the domand. The low vc on of luke freiphis that have ruled almost coustantly have, niso, aided in the ramo dircc- tivo, and the result has boon that the farmers hnvo bad & good steady market for their wheat, a1 1 generally at foir prices, though thoy bova net yoalized fo' much a8 they would have dono it for tho panic and the bears, many of whom beenme 8o by losing on the bull side in 1872, \Te ouglt not to omit notice of ono consider- ab)s element in the much grester aotivity of our whont market in 1873, Tho iustitution of the 1o of Northwestorn whoat (though the nam- 1ng wus unfortuaate, i view of the fact that wo havo nlso u Northwestorn elevator,) has drawn hitrer Jarge orders from merchants abroed, who * forrnerly dealt nltogether with Milwaukee, It iy true that tho samo wheat had for some timo wreviously beon moparated from tho tesi, and dosignated as hard; but the torta ** did not draw”—pogsibly bacause it callad up montal nesociations with flint, and rice wheat. Tho new grade bus boon taken freely by shippers, and would have been bought more farpely hnd the supply boon groator; in the Northwestern olevator it has commanded a pro- aina of 1¢@2 por bu moro than the “‘straight" wheat which is deliverable on contracts ; aud in New Yorle and Liverpool it has uniformly sold as high s Milwankee whont of tho samo grade, white it could bo hought for coneiderably less on the inke slioro during tho entire season of navi- gotion, '[here {8 now 1o room to donbt that the inst:tution of this grado will prove to bo the iuri.ing-polut whiolt will onco moro malke Ohi- eago tho superlor of Milwaulico pe o whoat-mar- ket--the only point in which we have had com- moraal compatitor in the West sinco Chicugo Tist. “f’s‘lu ;Ji;clnunu in hog-packing in the win- "I':0 nyarugo of prices in 1878 would be about the samo as in 1872, but for the two corners hruised the average of that yoar; oud the ‘whieh dapressed thie avorage of this, The tna:’x0t for cass No. 2 upring (strnight) opened 1 - been ab oot $1.20;5 rose to 31,263 by the ond of declived to 31,113 In tho_beginning § rase to SL.93Y{ Iu Muy, under o good , with lower freights than Iind boen ex- declingd to 81.14)¢ in July, as buyors L off to seo how low tho boxrs would foreo os, und Now York tumbled from 21,60 to '5; rouo to 81,40 ut the cloke of that month, ‘or n squeoze which was digniflod by thename vl ihe *“Aontronl cotner,” and then declinad alwost steadily to 1.079% in tho middle of Suptembur, “Thonieame the panic; snd & be.vy surge of whoat collatorals, with a searcity of :urrency, hroke dawn the market to .80, Lore wns a quick robound Lo 81.003 In the aarly 20 b of October, und snothor dvap to 030 Intor i the mouth, us monay bocamo scarcor and anlers fower, faatern huyers liaving baon well it od up in the fonr weokis succoading tho panlc. e firat weok in November the market further stuadad to 810125, but sdvanced to $1.001¢ by il end of tho mouth, undor & good domund for shipment and light raceipts, \vkloh reduced ouy stacks of all prados to lut a little over 300,000 o3, By the middio of Docombor tho mavliat had aivaneed to r‘:l.w}{. then dadlived to #1.0857, +380 to $L.105¢, and closed on the 27th of De. Smber at #1184, ‘I'lip outlook For prices I8 apmarently pgood, «Jithan admitted doliclenoy iu Frunce of 18.40,- 400 b, and in England of 63,000,000 bu, whick hay saen rooontly druwa for ut tho rato of 800,000 to 1,000,000 bu por woek from the Atluntia seaboard, Alth light stooks in the interlor, it cortninly looks 812 e ahall gemtionde $he season of navigs~ tion with noarly ompty bins, both hero and nt Ailwaukeo, inatend of with tho naual atook of 5,000,000 to 6,000,000 b, With such n good prospeet prices cou acarcoly ho othor than fivm, durlng the winter, oven ot n tight money-mar~ ket, 'I'hin, withn4 por cont increose in the crop, making n total “of 209,000,000 hu for tho whole United States, will put woney in the purdo of the farming community. cons, * I'ho corn market for the past year hay beon o continted anowmnly, With u bountiful crop, the rocolpts of 1872 wore tho Inrgest over known, bo- ing 47,806,087 hu, ngninel AT,B53,108 hu in 1871, Hohod pricos doclindl matorinly, tho averago of 1872 bulng only nbout A8%gs per by, Dut in 1873, with a falliug off_to thid oxtont of nboat %0 por cont in tho nl;{gregntu volume of ' receipls uand shipmonts, and un acknowledged iliort crop to supply tho demand of 1874, which shortago was Imown oarly in the year, pricos huva ruled ovon lower than on tho plentiful snpply of 1872, The markot for No, 2torn opened at about 803{c 3 declinod to 8fc In the latter part of January s roso Lo 33940 in tho middlo of Murch ; receded to 80l¢o nt tho ondof the month; advanced to 42ige In tho middlo of May, undor tho . fact of continuons had wenthor for planting; do- clived to #7%o- & fow days lator, . with bettar wenther; roge to 401fe nt tho closo of May, as tho aven planted up to that timo wos found to be smallor than usualy fell to 290 noar tho ond of June, owing to the hosting of somo cora a8 ** hot," and tho fear that most of it was ont of condition; recovored ta 8410 in the first woek fu July, and then ranged botween 85 and 98%e {ill the middle of August, whon the fact of n liort crop bogan to tell, and” the prico rose to 483e in tho middle of Scptombor, ‘Thon came, the panle, which sont tho market down to 83c, from which point it rose to 833c in tho curly part of Octobor; wout down to 83¢ tho flrst woelc in Novembor, under tho provatont finaneinl stringency, o tho demand from Now England after tho pavic hind fallen off, und advanced to 47%a by the endof the month, owing to tho fact of very small receipta on o light stock in store. Tho market thon fell off to 44ige, and ndvanced sharply to 63%{c, roceded to G13%e, and ologod on the 47th of Decembor at about G3%{c. Tho statistics of tho Depusriment of Agricul- ture gavo o yield for the whole of tho United States of asbout 1,091,000,000 bu in 1872, sgainst 858,000,000 in 1875 ; boing n falling off to tho oxtont of 233,000,000 bu, or 21 percent, The diminution in Illinois, the great eorn producing Btato in the-Union, waa evon groator than this, tho vield being 217,000,000 bu in 1872, ngainst 182,000,000 in 1879, or 40 per cout loss for lust yoar, ‘W'o this must be added the fact thata ‘considernble proportion of tho last crop is of too poor o quality fo oxport, and nob good for too much for focding at home. Tho natural effect of this fuct should have beon . muterinl advance intho aversge of pricos, oven inapite of tho panic, ospecially as that was offset by tha excite- ment of un antfcipated Spanish war, "Thero wore, howovar, strong rensons for low prices during ‘tho groater part of the year, aund thoy provailed. First,the beurs refusod to believo tho'carly cries of short crop, elziming that tho cry i8 nlways raisod by tho formors about plant- ing-timo, ovon in tho best of yoars. Sccond, it was urged that 8 partial failure would bo come ponsated by greater economy on the farm, leav- ing enough for export, without roduciug the sur- Ehm usually kepi inthe country ss a reservo. "hirdly, thore was tho foar of kecping 1t dur- ing o gront putt of "tho damp summor, Jest it o shonld epoil on tho hands of tho holder, and hs was anxious to gob rid of it for what it would fetch, By the timo this was well over tho panic came, and holdors wore then obliged to sell for what hioy conld got, without reference to the anticl- pation of groater valno thereafter. Ifourthly, 1horo was & diminlahied domand for Eurapens axport, largoly awing to tho fact that noarly all tho avallabo oconn f1eight-room of tho year was engaged months in advance to carry wheat, and this more than componsated for the diminution in our xeceipts. ‘o last-namied faot was, how- over, partially duo to the operation of the Rail- road and Warchouse law, which provented the Illinols Contral from compoting with thioso ronds lse‘m}Iug East from the southern half of the ato, The New York Produce-Exchange Teckly BOys: Tiio corn crop lust yoer, as por sstimates of tho Ag- ricultural Deporiment, was 1,100,000,000 bu, and tlio Novembor report of 1874 mukes' the aggregats crop 1his year 878,000,000 bu, or 222,000,000 bu less than laat sear, Tho ono-half of this crop ik in the commeralul ‘or hiog-packing States, or, say, 439,000,000 bu in quan- tity, but, considering the quality, u deductlon from 1higof onc-stxth Ia muide, making it equal to 386,000,000 bn of tho quality of the crop of 1872, There 14 con- siderable old corn in the cflunln',;:erhnpl enough to ake an avorsgo wnausl suprls. dormeationedyesrs in low ¢ “Cho cropin tho un. 6 Stutes hus been g fole Bu, . 878,000,000 +1,400,000,000 1,090,000/000 1,003,000,000 g 807,940,005 04,497,653 + G30,081,4U3 Avorage fen years.... . 881,012,205 "T'he prospect for prices in the spring is good, ‘bocauso there is really a Jargo proportion of tho crop of 1873 that is “not fit to murket, snd the avnilablo surplus is probably uot largs euough tonress heavily on the market. A larger de- maud than usunl is expected from Now England this winter, as that section forbore to lny in sup- plies il tompted to do 8o by the low prices in- duced by tho panic of Soptember. 0ATS. ‘The receipts of onts bave been cousiderably Iarger than in 1872, nothwithatanding the fact that the corner in June of that year brought hither all the oats thut could he sont in from a tract of conntry much larger in_ ares than that from which this market usunlly draws its supply. o cornor run tho prico up to 48)¢c, bul tho avorngo prico of the year wua but shout 29%gc. Tho avorugo of 1878 was considorably less thon this, The market opened at 241¢c; rose to 47c the firat week in February ; declined to 263{¢ by tho ond of the month; ndvanced to 270 in Darch; foll back to 28%{c tho first week in April ; rose to 93!¢e about tho middle of Alay ; foll to 25470 in thio middle of Juno ; rose to S0c in tho beginning of July; roceded to 26lgc August ; sold up to 80%7u just before the pauio; dropped to 250 towards tba close of September ; advatced to 8337c in the firsc balf of Octobor foll back to 2614c tho first week in Novembe: ; and then advanced rather irregularly to 40340 in tho sccond woek of Decomber ; then doclined to gf_;c( and closed on the 27th of Decomber ut 0. ho markot was quilo sluggish during the fivst olght months of the year, and prices drag- gad, a8 abovo, principally "bacause the crop of 1874 wos amplo in quantity, but so poor in qual- ity that the Eastern mmrkets did not want our outa, oxcept to fill a void which could nat bo filled froms other points. When the old erop had boon worked off, that of 1873 was fouud to be so i;ood in quality—worth 5@0c por bu more than lio other—that an oxcellont Eastern demand eprung up, aud pricos wore furthor improved aftor the panic by the kuowledgo of the fact that there was & falling off to the extent of noarly 10 por cont in quantity. ‘There hias, how- over, boon & considorable falling oft in tho au- tumn demand for the supply of the lum- bor rogions, owing to tho cartailing of lum- boring oporations 18 a consequence of tho panie, ur market would alio huve boon much more activo but for thie oxistence of the now Railroad law iu this State, which practically shiut off tho supply from the Jargo oat producing soctions along the linaof the Illinols Central Tinilrond, Bevoral Eastorn buyers, who tormer- Iy sont all thelr orders hore, have sent them di- xont to points in the southern portion of tho State, becauso they could obtain freight ratos from the lines runuing Fastward into Indisua divect, which conld not bo competed with by tho lines mnuing through Ohicago, owing 1o owr Btate prohibition of discriminative rates, Honee some of our dealers who formorly.did n profita- blo business in supplying Bustornoustomors did yory littlo u 1873, Honco the unusually light roceipta of early wintor, in this market, re uot strictly w gaugo of emall eupply and limited con- sumption in the Enntern Btates, 1YE, The volume of trade fu rye Las beoo akout the same as in 1872; but not muck moro than one-half of 1871, when the recelpts sggregutod 2,011,786 bu, Btocks have Leon vroll kept down through the yesr, The new orop is of gool quality, sud svornges 98 por cout of lust yorr's crop in quautity, but was fully two weoks late in maturing, owing the unfavorable weather of the flest hall’ of the year, Trado was modorate during that period. but prices were well mnin- tulnod, the lowest point toucked (in July) boing 6o on No, 2, which was e nbove tho lowast pomt u 1872 ln Augusta_very good demand wprung up for Now York on Iuropoan acsouut, :Ka wtention being to export fully 250,000 bu to Germany, where tho crop was vuri' short, The panic interfered somowhne with thiy prooess, but the movoment was resumed soon wltor the break down, whioch cnly caused w decline fof Go por bu, The mwlet Yor Ko, 4 apened at €53¢@000, und rangod up to 08150 ab the end of Januayy ; down to 630 at the end of Tebruary ; up ta 6¢ in slarch ¢, own to Glo fu tho curly pariof Avii up L8 18700 duriug AMay ; down to 600 in tho middlo of July ; wpto 0o Just before the panio; thau fell to Ui, up to 00c, and dovn to 8o the flvet weelkin Noynms ber; then udvaucod to 8lc tu tho tirst hiult of De- oomber, and fell baok to T80 closing S at To .ors afraid to touch it. for car-lota an 2o atorage, Tho entive range was Bh@Ble, ngninst S@Mio in 1872, BARLEY. "Il corenl hay rulod almost uniformly highor thin in 18725 aud yet not uniformly, for the markot ina hoon oxdendingly irrogular. ' Tho ro- velpts Linvo boou nearly equal in volumo to thoao of 18715 but much lens than fn 1873, when the, trado wos unususlly lnrgo, I'ho market ruled rathor low during the first half of tlo year, touching its lowest point (60ofor No. 2) in Juno, uuder tho expocintion of o large orop, und o amall clly demand, a8 tho malting capuelty destroyed 1y the firo had only been purtlally venowed. Iut the low price of barley in 187¢ diucournged wmny from growliyg it; aud many of the northorn dis- triots In Minnesols, Wisconsin, and some purts of Iowa, did not ruise muok ; the genoral avorage of quantity i ostimnted by the Agricultural Dureau at 84 per cont, or o falling off vne- eighth, Then the groat barloy bolt of lown wak visited with such bud woathor about the Lime of riponing that » vory lwgo percontage of iho barloy was discolored ; nearly all of that from Clinton County, uud uround Davonport, pasain into tho lowor geador, 1t was niso found that the Enst was lesn Hborally supplled at tho beginning than a yenr proviously, ~ The result was an exeltemont in August, which quickly sont up prices, and kept them unusually high during the romaindor of the year, ‘'I'ie spoculatve grado was ran up ko farad to bocome n fanoy artiolo, the browors buying No. 8 and 1e- Joctod for' wse, whon thoy could ot ot hold of samplo lotw, 'Thera Was, Thowever, o good Tiestern dotmand thronghout, and considerable fnquiry from prrtios who havo Lieratofore looked to. the Cauadian orop fora supply. During August, Ssptember, and Octo- Tor, tho mavket for No, 2 was privcipally con- trolled by one man, who had catly mada the tour of tho Larloy growing roglons, starting with n Donr in his eye, und coming brcle wilh o bull in hig brain, ‘I'yo or throe othors who lost Leavily ns shorls on thedosl for Soptomber, afterwards sought to recover by operating on the othor side ; and Iater thoro wne considerablo oxcitemont, through the effurts of one or two Eastern purtics to buy them oubt withoub their knowl- edge. The barley sulpburing mills havo theown but littlo of thelr stufl on the Chicago ‘market in 1873, heing too closaly watchad. Thera has heen a constdorabje oxtent of discrimination agninst receipts in some clevators, and in favor of some others, Tho market for Ne, 2, in ordi- nary houscs, opeucd at nboub Ghc; roso Lo 832 nenr the closa of Jauuary; declined to 66o the first woek in Fobruery ; rose to 8lc iu the last Lilf of Maroh; fell t0 0840 the second week in April; ndvanced’ to B3¢ carly in oy; and ro- coded' to 500 in Juno; roso to 51,20 noar tho middle of August; fell back to 31.08; re- ‘bounded to $1.40 just hofore tho panic, under which 1t tumbled to $1.00; rose to $1.96 envly in Octobor, went back to 81,17 the firal woek in Novembor j und jumped to #1.58 ésly in De- conibor, under .sottlemont’ squeeze ; then de- clined to £1.82; and re-advanced to 3142 ; clos- ingut 3L:96.. No.$ has ranged compuratively steady, and closed firm, under o fair demand, of 81,09 for receipts in housea in which the grain is sntisfactory to buyors, TROVISIONS. ‘Tho trade in provisions is naturally divided in- to twelve month cycles, ending with the vernal oquinox—not the Christmus holidays. The win- ter is tho busy senson in pucking, and _tho trade follows tho work. The past calandar yoar, does, howaver, more nearly close with tho packing sosson {han is usunl; s thoe anxioty of hog growera ta unve thoir com Lns caused thom to rush their hoga forward to market atan unpre- cedonted rate. The year 1878 way, thorofore ono of oxcoptional nefivity in packing, aud will probably bo found to. largoly exceed the busi- noss of 1874 ; though the nggrogate of noxt seagon’s packing may boe greater than that of the 010 now neor its closo. In Tne TRivuse of Dec. 20, in an article on « Manufactures,” wo statod tho total work of the yoor onding Oct. 31 at £1,000,000 Lead of hogs, and tho cash value of the product ay 821,600,000, including ealt and packages. For the twelvo months endiug Dec. 27, the total number of hogs prcked is_ 1,066,000, costing 20,640,000, and zinlding 229,000 tons of product, worth EEQ,HUD.' 00, or 6.1¢ per b, including the cost of pack- ngen, The packing of the regular sesson of 1872-73 included 1,425,079 hogs, of which 59,715 wero ‘* dregsed ” hoge, the rest beimng slaugh- terod in this city, During the first throo monthe of 1878 the pro- vision trade wns generally satisfactory. “Iho market hnd boon somewbat deprossed earlior in tho winter, and this called out & good, activo do- mand for produoct for export. Uho trade was all the more hoalthy, as tho pork corner of the pre- vious . year ' had caused o quantit of old " pork to bo loft over, whicl discouraged the manufacture of pork, and warned tho packers to mako more largely of ** meats,” which much better suit tho markets of Europo aud the Boutl. DBeing put in attractive form, our product was taken freely; the packers ‘made fair profits, while the * noble army of brokers,” who raprosont European and Southorn Dbuyers in this market, did n good business to thoir own pecuniary benefit. Tho speculativo demand was so good that i took out of tho hnnds of tho paclers by the cloze of the sonson most of the praduet which had not alveady been for- warded to points whore it is distributed to con- sumers, During tho summer tho trado was good, and profits so satisfactory as to induco the cutting of u groater number of Logs than ususl. Prices held ub well. ess pork touched 217.80 per brl in the lalter port of Aprit, and declined to 214,30 in June; then Tanged from $15.00 to $16.13}4 up to tho timo of the panio, being steady ot $16.00 througl tho firut half of Boptombor. Moats ruled firm ull August, und then declined, chiofly in _conse~ uenco of the yollow fever at Memphis und Siirovaport, whish caused wide-aprond Foar that it would becomo epidomic over the South, and mutorinlly lesson thoiv ubilily to take and pny for meats. Short xibu dropped from 9370 in the flvst hnlf of August to Blge by tho middle of Soptomber. Lurd ruled compurativoly dull and stoady, being takon only a8 wanted for consump- tion; the tremendous ‘osses mcurred by hau Tiug It tho provions yoar having mado spesulat- Thoro was a littlo spirt of confidonce in it early fn tho summor, but tho lm‘.nug houses bogan to wuwn out ** summer- ard” in such quautitics s to wenkon confi- dence, and this, in turn, soon put o check on the production. ‘The panic of Soptember bmug}ll:t pork ' down Dy the run.” as tho sailors say. From $16.00 the market dropped to 818,50 by tho middle of Octo- ber, and mess pork sold as low as $11,00 under tho **second fevor" 1u the first week of Novem- ber. 'Tho greater portion of Lhe pork sold out, under the panic excitemont, changed hands at abont $14.10, Lard declined from 8o in SBF' 10 tomber to %o early in November, aud in ti same time short ribe receded from 8%¢c to b¥%o for boxed. At the eame time pork sold at 810,75 for Docember dolivery, snd #10.90 for January, Cash mess advanced to about §16.00 in Decew- ber, but weakened to $13,75 at the close of the year. ‘The depression of prices, with n correspond- ing low figuro for hoge, at tha commoncemont of tho pooking season, augured well for the trade throngh the busy part of the year, by giv- ing a starting point sufticiently low to enuble packers and investors to operato on a rising markot, But tho situation was for from yielding tho rosults that might roasonably have been au- ticipatad. Europoan buyers held off in oxpecta- tion of a arther daclino, which did not ocour, and their contorvative attitudo, joiued to the fluunein] stringency olfowhore, frightened the packers at other “poinis, Thoy were afraid to take hold in the absonco of orders, and tho con- sequones wad that Ohicago was in the full nwing of her sengon's work bofore Oincinnatl or Bt Louls had vontured to begin. Ouv packers Imoy that tho produet wonld bo wanted, and tuuyl)lt\:hed in. The untural rosult wus that tho hogs of the Northweat wero all handed towards' Olivago; sud, with thoir well-known obstinaay, they rofused.to go anywhere elso when. the people of other plucos got rondy to tonder them & wmm reception (‘mlhancnld- ing-tub). 'I'he ownors of the hogs did not know but thoy might shut down ot uny moment, while lmowluF that thore was always a warket horo; honee tlio nuomalous fact that for soveral days the packers of Cinciunati wora obliged to buy thir hogs here, and would huve continuod to " do so nuich longer if the oxtra compotition had not forced prices up to o point at which the undor- taking becamo unprofituble, Py point boiug eatablishod us the ouly ono ut which product was offered for sule in sufliciont quontiles to glve bayers a voice lu fixing the market price, ordera hegun to pour in from Turopo and the South, So Jong eamiddles could o boupht at G@6}gc boxod, they wera oagerly tukon, und contravts made, months aload, for the transpartation of tho product to Furope, Theu the spirit of speculation invaded tho mare Kat, und chiunged it to an artiticlal one, City spoc- wlators wora roinforoed by the hog drovers, who l;ut. their monoy in pork ¢ flrst, beeauso they ba- oved the hog erop would be short, aud socond- 1y, bocuusy they counted on pork helng made In Huch smell quantitios uy to make the article scorce when dolivery-dey camo round, Thuy hought as long as they had money to put up on margiug, and thon bufiml to trede lorgely nwnony (homualves al the Btock Yards, witkout “nrgingl voferences,” and.no other seonrit oxoopt mutunl liouor, 'he demand for por! stitaulated the price of hogs up o o point whero Invd end mnoats could not ho manifactured ab puicos which English buyera were williug to pay. A yrood many export orders wero cancoled, and noveyl 1oty skat had bsen bought for shipment wero resold on this market, in proforonco lo taking the chances on Lho othor sido of tho At- Inntie. Tho packers, seeing that it wan pork thoy wantod, made it with'n willing hand: tho wonsguoncs of whicls is, that wo have now fully 126,000 hils in stoct, which is 87 }mr cont fn ox- cesy of tho ontire quantity manufnetured during tho wholo of tho proviows Beason. ? Of course thig porlk wan not wented for con- sumption,—only to sell again—neither-did the buyors waut to pay for and carry it il disposed to woll, "Tho Fobrunry delivery war the favorito dont, aud for thin Lho - compatition wae Ho stromg that fu Novembor thoy paid #L00. per bl niora thou for tho eash article, Huyers puld 71,00 pro- mium for carryiug two montby, while the pucker, who lad no storage eharged Lo pny, could nfford to eurry it for nbout 8le, Ifonca the packers mdo_pork, sold it for Tobrunry dolivoery, aud utm‘udlt away til wantad. "heamount of money thus lockod 1p, in addition to that doposited oy mnrgity, I8 enornions ; and some of {he packers think it fs about (e to stop, baving gono far enough iu this direction. ‘I'he yoar nuds, thorofore, with the ]n'nvlnlun trado 1h a® rather unsatisfuctory condition, our packors hoing overlondud with pork for which hera §5 ouly w emall shipplug domand, nos hult onough to take up the receipth that aro pourin 1in upon us from other points, In moats there In 1 much bettor Fmapocv., 1t is true that Buglish Dbuyers of meats have Lold off for somo time, in {ho oxpoctution that whon tho pock avalancho ig lot loose on tho 24 of Februury thers will ho a drop In pricos (hat will ouablo them to buy the monts thoy waut for Dritish consmmplion on 1moro ndvantageous torms, Bub tho spirit of this dronm seems now 10 he changing. Packing has closod at nauy points, and tho rocolpts sud qunli- ty of the "hogs now voming here show o folling off ihat indicates ~ we are on tho tuil ond of the crop. This Tins brought out o very good demand for ments, ax they aro kuown to ho in light stock, Shorb ribs close strong ut (‘%@n}?u ooso, with orders horo for ull tiat aro oferod. It would reem, too, that Cinciumatl operators want to tukos hand, satisflod that monts will be bottor propor- ty by and by ; and they have not onough at homo to speculata on, The prospect for lard s also fair, though it is not much wanted ut prosent, LIVE HI00K. TPorhaps in no hranch of trade has the seasons business shown s moro Prm\onuuod jucreaso than in the departmont of livo stock. Tho total valuo of the live stock recoivod at the Union, Stock Yards in this city during the yoar 1873 mokes tho ounormous nggregate. Asido from n comparison of tha recoipts with thoso of provious years the rapid expausion of onr atock business is in no way more clonrly shown than by tho increasod facilitios demanded for ita nccommodation. Although large nddi- tlons to the capacity of the yards wore mado fl“fll:F the aoasons of 1871 and 1872, they were found inndequato to properly accommodato tho vast business of tho past seaton, and duriug tho summer the management havo expended nearly one hundred thousand dollars in tho construetion of additional cattle and hog pens, and in pro- viding more ant bottor oftice toom, to meet tho wanta of the stendily incronsing number of com- mission men and shippers engazod in businoss nt the yards. Turther extensive improvements ars iu contomplation for the ensuing scason— namong thom tho complation of o beautiful park, extending along tho entire front of the “Lxchavge,” and roaching ont to the msiu alloy on tho north, During tho year the recoipts of i CATTLE WERE 765,000, or 80,000 moro than were recoived last yoar, and 222,000 more than receivod in 1871, ‘So far s eattlo nro concernod, tho senson can searcoly bo snid to have been u I)rcnperauu one to feedors, pricos hnving ruled lower than in any previous sensan gince before the war, but to dvovers the yoar has brought more than the average profits, a8 values have not boon subjected to so frequent and violent fluctuations oy in former sonsony, Trices reached their lowoest point during the first weoks of the panie, when they touched $4.00@5.00 for good to choice grades, Thoy havo sincs recovered to 5.00@06.00 for the same quelities, T'he incrense in the receipts of noas is entirely unprecodented in the history of the liva stock trade, the arrivals aggregating 4,300, 000, ngainst 8,252,628 laat year, and 2,350,083 in 1871. ‘The yoor has boon o profitnble’ ono both to the feedor and drovor. Although our avorago waokly receipts of hioga havo baou’ 83,846 hoad, prices have yuled higler and steadior than dur- 1ng 1872, and tho trade kas beon in an eminently heultby conditlon thronghiout the aoason. A slight falling off in the receints of sheo) noted, the rrrivals amounting + » 509,000, agninst 310,211 lust yoar, and 915,058 in 1871, But o material decrenss of vecoipts in nosrly all tho markets of the country i# reported. Farmers havo not been g0 roady to part with their sheep during the past season, because tha higher price ;b]l wool bas made it more of an object to hold hom, Tho following tables ehow tho recoipts and shipments of provisions and live stock for the iwelvo months onding with Dec. 27, 1879, and for tho calendar years 1872 and 1871 RECELYTH, 1971, 53,289 3 65,14 Curcl meats, T, 40,160,809 Tard, s, 17,662,708 Tallow, a.... Dressed hogs, Live hoys, No, Ry Cattle, No, 705,000 Sheep, No.. 491,359 Tolal value of receipts of above,"in 1873, aquals $93,400,000. BEIPMENTA, 1873, 1872, 1871, Beef, v A,5i6 50011 89,462 York, url 190,900 LT KT P Cured ments, 103,341, 402,831 208,727,488 16, 118,80 ard, 1bs, « URT08,197 80,040,785 01,020,858 Wallow, 13....,. .0 0,763,740 5,812,597 Dreesed hogs, No.., 172,448 145,700 Live hogy, NOw.vor.s 174,866 1,830,604 Cattle, No. Boo,E66 A0, Sheep, N OTAER PRODVCE, The followiug tables show the receipts and shipments of othor artioles of produce for the sawme perlods: TECEIPTE, 1873, 1872, 1811, Butter, L, W4T 19,291,480 Wool, fis. 24,181,500 27,026,021 Hides, 1 BUIE6 35,020,004 4,71 1] 1214071 600,073 w057 203,90 120,909 20,205,695 13,846,101 1,8 1,081,472 1183, 1,000,308 GI0,8UGATAS 204 = SUIPAENTS, 1873, 1872, 1871, Butter, lbs 0,813,420 11407697 11,040,367 Waol, I LALLON 1,700,080 24,831,524 Hided, ) LOUA08 28,0, 23,462,804 Broome-cor, Ibs,., 1,054,598 R Heeds, la, 452,418 14,285,09 109,504 171,000 10,M2NT 5,004,701 177,087 00,839 ansT 541,203 490,837 358,365 50,18 iresse 238 88,773 6,160,908 theny S Livo stock and p Totutssesss ué thio valug of the recoipts of produco above ounumerated. If to theso we should udd tho val- ue of other praduca received, a6 hay, poultry, egRe, vogotables, clicaso, eto., the grand total would porliaps exceed S240,000,000, g LIOOM-CORN, Diring the winter months broow-corn Wy vory dull, aud the spriug frude opened ubout o moith Iakor than wsnal. Stools lu the hauds of dealers, na woll 8 fn tho country, woro at this tima very large, connicting chiofly of inforior aud red corn, the most of which was_old,—# large })ln‘t boing of the erop of 1870 end '71, Choica hutl corn lins boon, very searce, and hold fivaly, whilo the lowen qualitios in tho enrly part of tha HEAZ0N wora almoat unealuble, But, us the sea- son advanced, and the stocks of medimn _grades ware reduced and consoquently advanced, muue ufacturers and donlors turned thew ntten- tion to the mforlor grades, und com which would scarcely bring ' 2@8c s #inco advancod about 100 per conmt. ‘Che firmness of the market wns groutly ine tensifled Inter I tho upring, whon the bacltward Hoason und decreass in the lwrm\Eu dovoted to braom-vorn eulturo wmade i ovidont that the crop of '13 would be far below the nverage in this country, Tho orop this yeur is asthanted to bo lesn thun ono-Lalt of whet it wae in 1873, owing to the feol that meny growoers, Im\'lmi ho- como discourugod by the luferior erops and un- romunorntive prives of the pust fow seasons, Tvo cithor consed to cultivate broom-curn alto- gmhur, or_in pert; aud . alse to the backward uring, only u portion of the corn planted hny- ing hied thuio to muture bofors tho eavly frosty, The anwlng cru“ 1n Obio way nearly destroyed by floods, = Although the uew crop is low in quaptity than last yeor, snd does not diger” much an to " quallty, it ds of Tottor color, holng moatly greon. Very littlo of the new crop ins boan macloted, tlie bulk of it utill holng in the hunds of growors, though somo hna boon sold by them to Fantern dealers, ‘Tho fudications were ‘vory favoruble for an nd-t vanco in tho price of coin_in tho fally but tha Jlnanciul troablos provented the anticipated riss, although no powltivo docline Ly ocotirred, %= cept, \»uum'.m. the higher gradés aro casior. Thotigh tho fall trade has been moderate, broom- corn 18 nuw vory ficu ab 4@8e per . PUTTER AND OHEESE. f Wo noto a large Incrense in the rovoipts of Luttor lu 1878 over the precadivy yesr, but there bas hoen an unusually good demand, which hes kept tho matkob volaflvely bmro, during n graut portion of the yoar, nud pricos nveraged 8 @i por 1b higher than twolve nionths proviously. ‘The soason in the West was s vory favorabla ono for bultor muking: while at the Iast, tho drought causud o diminishod prodnetion. Ilenco ho country tributery to Chlengo was much more largoly drawn upon thun Lerctofore for supplios. The (]nullty of our Wostern-tnde butler oxhibits o deelded improvoment 3 thore 18 u much smallor ]mn:omnun of poor butter offered than former- ly 3 and bonco our Western butter finds a much rulnaler markot sbroud than it ussd to moct withs, ¢ Tho #nlos of cheeso in this morket tygropate about &640,000 for the past yenr, at an nverage prico of 140 per Ih, Tho season lins beow n vory hrofitablo oo for the dairymon, nmufih the pro- duction of tho Wost hus not'materislly inerens- ad, owlng to the fact thnt tho higlh ico of but- tor nttracted the utteniion of dairymon, aud causod them to prodiccs more of that article than formerly. ‘Thore wam un active demand for choose ip to the timo of the panic, at uuiformly Fuul\ prices. Tho panic did nat cause r declino; but it did check the upward tendoncy then rut- ing, which would probably have mudo cheese nv- orafe 2 por b higher duving the [l but for the unsottled wtate of! our flunncot, On account of ihe panie aud tho dronghf, tho fuctorymon susponded oporations wbout 1troo woeks enrlier thuu usual, und for thut rensou stocks are mueh lightor thnn is genorally the caso at this timoe of tho yonr, The tondency of quotations is up- ward - consequence. A large - incrouss 8 ro- poxted in the amonut of Wosforn chooso exported direct to Livorpool, and the exports from Now Yorlt aro the largest over known. HALT. The soason's trade iu sult hus been a vory ne- tivaono. The country demaud Lus grantly in- crensed, and e beon unususlly large tho past fall, The shipments to tho. iuterior excoeded those of 1872 by 06,661 byla. Prices declined after tho nPunlng of ... navigntion, and ruled comparatively stoady through the sum- mor and_onrly fall ni 8200 for flue, $2.00@2.25 for conrse, " and ' B3.25@4.25 for daity without and with bags, and #6.00@5.25 for Ashton dairy, In November cdnsidernblo salt was thrown on tho market by outside parties, cu\mlni: & decline of 20@26¢, but gince the closo of navigation prices for conrae and fine salt havo ndvanced, flne to $1.90@2.00, and coaise to $2.00@2.10, The recmrmnt this port, according to the publisked roports, sre groater than thoso of Inut yoor by about 70,670 bila, The stock of salt is belioved to bo about the 8amo ns last yoar, Coarso salt is searce. Tho supply of Onondagn is larger than ususl, the re- ceints in the fall, when froights wero low, being hioavy, while tha'stack of Buginnw salt is small, ‘The recoipts from Cannda have incrensed, being, it is stated, nearly twice o8 largo as lnst soason. ‘The amount of salt inspocted in Michigan for the yeor ending Dec. 16 was 823,346 bils, un increnso of 94,866 brls over last yeor, un is the largess smount ever inspocted in one yoar in that Btate. The x}un]ity of tho salt Luy nlgo been raised to o highor standavd, The nmount manufactured at Syrncuso is estimatod at batwoon 8,000,000 nnd 9,000,000 busbels, 1t i suid that one-fifth of the Onondaga salt mada comes to this market, The production at Goderich and Kincardine, Can., the pust year is ostimated at 250,000 brls. ‘The aunual roport of the State Halt Inspector of Michigan for tho yenr onding Dec. 15, 1875, shows the following amount of salt inspected : Fiue salt, Bolur ,,..1..0 Second qualliy. Totalise veeeterannss 829,346 JIDES, This market has been vory unsoctiled, and the business of the yoar far from satiafactory. Ever since thoe firo it hos baon in o rather unkettled state, and the panio caused quite & brealk in tho market, tho quotation for light hides falling from 144¢0 to 8o 8 1 3 with littlo doing ab that. Provious to the panic pricos had ralod rathor Tigh, under o falr domaud for the ordinary hoiao trado, und & good inquiry for export to Europe , but a deelino in England cut off - this trade, snd cnused soveral invoices to bo reshipped to New York for salos Since then, prices have tonched a Jower point than at suy time since tho war. Bince the puvic subasided the market s ro- covernd somowhut, and prices have advauced from 8 to 10o. A good.mouy hides are now shipped from-intorior pointa direct to tho East, withiout bolng ‘hendled in this city, Tho prices for green bides are now relatively higher in tlng market than at the Fast, TIsIL The past year bus beon s prosperons oue in tho fish trade, thero Leiug s cousiderublo in- creogo in the volumo of salok, with fuir profits, till towards the close of tho year. Tho eatel of mackerel was much Jess than in 1872, rnd prices havo rulod higher. The quality was somewhnt infetior, very few fat mackerel having beon takon ; wdecd, the guality has been poor ever sinco 1870. Tho catch of cod was vory large, and prices have ruled lower than for ton yoars past, in_consequonce. Tho uverago deficioncs 16 stated at 10 por cont, Cured luke fish exhibit w folling oft, 'Tho cateh wus good, but with improvemonts intheniodo of handling fresh fish, and transportation in refrigorating cars, thore Lias been a loss demand for cured. Henee prices for “luko flsh" have ruled 5@10 pur cont lower than in 1872, Herring have ruled higher, the trade in them being about the sume as inlake flsk, Thoe business, on the whole, shows u con- siderable inoroaso in the aggrogate of sales over tho year previous, Y. ‘T'lie hay trade hus heen smaller in 1878 thanin the yoar preceding, uud. slthough thero was s fair demand in tho $pring, and pricos ruied high, the season on the whole has been rather dull, Tho fail trade was intersuptod by the pauic, und shipments to all points have been lesa than in former years. Tu tho spriug, timothy hay k0ld up to $19.00@ 19,60 por tow, und prairic to $18,60@15,00. Prossed timathy is now quoted at #12.00@15.60, and prairie hay ot £8.00@11.00. A littlo hay lias hoon shipped to Canade, and 2 cousiderable umount has been sont to Lake Superior and the Inmber distriots, both by reil and lake, Aun inspaction of hay was cstablished hore during tho past yeay, which hus given satisfuction to 210 olhgas ot dontors, thoush condrotod wnder somse disadvantoges; and promiees to induce a coneiderablo suginent to the extont of our trade in this product by tho grenter sconrity which it gives to tho buyer. ? According to'the roport of the Department of Agvieulturc, tho hay-ovap in Itliuols is losw thau last yoar, 'I'ho yiold is estimnted at 91 per cont, and fu isconsin at 90 per cent. In fown tho erop is lnrgo aud of good (;unuzy. The produe- tion of tho United Statos is about 500,000 tons less than last your, when it was not fur from 24,000,000 tons, making the crop this yorr about 28,600,000, 'Tho decreaso ia chiotly in New York, ‘Il uverago quality of the crop is botter than last year, GREEN PRUINS. I'bo frurt ylold the past yesr was a partinl fuilure, owing to the extremoly cold iiutor, which seriously lll?!lfl!ll the troes and vines in most fruit-producing sectious. However, some Linds wore abundant, which componsated in o mengnre for the sesrcity of others. The erop of apples was vory light iu the oxtreme Fust snd Waest, but thero wus o fair yiold iu Weslern Now Yol and tho lake shore conntios of Michigan, ‘Flie domand from tho East und Weat for Michis i appley was very lurge, and prices bave rulod iggher than last year, eur-lots anlllnti at 2,506 8,25 und 23,50 por brl. Ono party in this city #old noarly 75,000 brle of Michigun applea this aonson, sending thom on orders to tho Wost, Bouth, aud throngh the Torritorios, Tho votail trade this fall” and winter hos boon light, and prices bave wnot advanced, as was anticipatod, ~ 'fhe peach crop wns ulmost o total failure, the orcharda in the lake shote countios, it issatd, Aid not yleld over ono-eixth of an average crop, I'rices ranged from Gle@%2.50 per Lox or byskot, Poars wera very plenty, many coming from Now York. Cherrios, grapes and most sumll fruits, excopt otrawborries, which wero injured by an early drought, were whuud- ant and generally brought good jrices, “Thoro was only about one-third of n crop of eranbor- rios in Wisconsin, and with prospeots of a short supply, the markot oponed tirny at $14,00@16.00 poy bil, but liberal receipts of Capo'Cod berriss, aftor the panie, overstooked the market and caurod o decling, ‘The market has boon very dull and Dborrles hnve kept poorly, Lemons, owing to a shiort erap, have beou very high this wouson, solling fn duno at #18,00@20.00 per box i thoy now rungo from H7.00@8.60. About 11 curn of Californin fruit wero rocelved hore this sorson, ‘Cho trado ~Lus Incroused, bu hus not been altojgother satisfactory, Teara nnd grapod bave hiad to compote_ with & larga homa orop, and this, with the hard times, hes caused prinos to bo uosoitled aud low, Notno meny Oaliforuis grapep haye bgsu received, bus mora pears. ‘fho lattor have sold ab $2.00@4.60 nnd 865,00 por hox. POTATORS, Potataos have heon axcoptionally high during ho lattor part of the your, owing to tho fuilnro of tho crop in (hix State and othor ym.vl of thy Wont. In fact, tho vield of tho entlro country was mitch leas than usunl, ‘Tho supplies of tho ust nuttimin camo_Inrgoly from New York nnil othor paris of the st by luke, nlso from Miche Igan and Wireonsln, ‘Tho shipmentn to the in- torior of this BKtate, Iowa, and other polnty have been vory lnrge. tho yleld in many countios not belug suficlont to supply ovon tho home demaud, 1d potatoos sold in the wpring ot 40@60e, and carly ut 70¢, fn carss and in the summnior o faw omall lote of old brought #2.00 por bu, In the fall potatoos Hold at The@wl.16 1 enrs on treok, and H0e@®R 1,25 from store, o markot i 1berally supplied, bub much of tho Now York stock has boon fonud to ho frosted, ‘bofore guthored, and the local trade hos beon light, tho high pricea cauning a larse class of the constitnors {0 substitnte o cheupor produce. Consoyuently prices have not advanced s wan gmlcruil_v oxpocted ; in et they wre o triflo lower, cloaing ut 31.00@21.16 for lots from store.' Tho lnst report of the Dopurtment of Agricul- turo gives some interestivg Informatlon cou- corning the potato crop of 1873. The averago ])rmluut of tho country is 16 per cont less than n 1872, The crop of that year was estimated nt 118,616,000 bn, Tl yield of 1878 is about 17,- 000,000 bu tess, ,The deeronse Iu Ilwols i 4,167,000 b, Towa 3,076,000, and Indiana 560,000 bu, The quality, excopt n those scotions of the_country whoro ib was affocted by rot, Is su- Jporior, ‘Tl cuuuo of tto diminiuliod production itributed chicfly to the drought and Lovtlos ; nlgo Lo the lato spring frot, nud rol. In somoof 10 countios of thi Htato, potntoes huvo sold ut 41,20, 51,25, uud %140 por bu; in lown, at 0o, 80¢, and #1.20 per i 3 nows, 'The hop vines wufferod rovorcly lnst wintor, and thoro was only about one-bilf un averago crop it 1878 fn Wiscousin, Iu conroquence of the prospective short sBupply, the market oponed yery firm at G0¢ for prime hops, but subsoquent- 1y wWeakened,under advices of Inrgo finportations from Bavarlu. Then the panic followed ; and sinco that time (he market hay been very quiot, and pricen irregular. Iorelgn hops have been sold at Jower pricos than they could ho luid down for in Now York, Lut_ fow brewers or donlors aro catryiug large stocks, und many of tho for- mor, who nsually supply themsolves shgnd, are now buying s necesgity requires. Propably not over one-half the domestic crop has been marketed. . BEEDH, "The trade in timothy soed Lins hoen very large, The crop was abovo the avoruge, sud considol ably lurgor than in 1872, and of [fair quality, The rccml:m were enormous in July and August, and it is thought that two-thirds ‘of the yield hag been marketed. Prime ecod soll onrly in tho yenr st 93.25@3.00, nfterward declinod to £1.10, and, with an nctive spring trado and con- stont reduction of stock, advanced to 84,35, Thoro was vory little, If_nny, of tho old crop ioft over. 'The henvy rocoipts of new soed in the summer montbs caused prices to declino to 2,90, and sinco tho panic to $2,60. 'Fhe mnar- kot ig now firm nt £2.60@8.00 for common to choics seed, with tho supply light. The cloyer trade has been light, though fair in tho spring; sud sales, wore mado ut $4.76@ 5,60, and Jater ot £6.40, for prime medium, 1u the autumn prices foll to %450, and clover hus Deon very quiol, though it Is not kcarco aud firm at 86.65@05.75. ‘Tha erop through the West iy vory light, bub of superior quality. The yiold in Wiscdzein Is much lesa than was o erully ozpected. At presont thoro is u good ex- port domand for clover. - . The orop of flnx was short in Ohio and Indi- ann, aud large in muny other parts of tho West. 1tis also of superior quality. Who market opened ‘active, with sales at,$1.85@2.00, and 42,05, with liberal recoipts up totho timoe of tho panic, when thie market was interrupted, aud pricos soon after fell to ¥L55@1.60. The mar- Jeot hay since recovered somewhat, and is now firm ot $1.76@1.80, with light receipts. In the spring thero wau o large trade in millet and Hungaripu, Efforts were made to control tho market, and prices -advauced from 80o to #1.60 for Hungncon, and (0@81.156 for miilot, but prices” finally foll to 80@90c for the former, and 60c for willot, After tho panio prices foll to 50@b5c, und 60@650 for millet and llunfinr‘mn respoctivoly, uud both wero vory quiet, ccontly, some of this yem's crop has como forward, and millet ndvanced to 70750, and Hungarian to 80@85c. The crop is belioved to Lo large. WOOL, ‘Che vengon's Lrade n wool hasboon nctive, and vory eatisfuctory to donlers. The demand from Tastern dealers and maonufacturers hua boen steadilyactive, and prices, although lowerthan for weverul yout, oponing on o basis of 40c for fina wughed fleece, have ruled with remarkable stondinoss throughout the enlive soason, graduslly * advancing 8@Ge. 'Whe lower prices wers snticipated in 1872, when tho_largo importations of foreign wwools ceused o dull aud declining markot. . The smount of wool withdrawn from tho honded warchouges of (hu Unitod Statos in 1872 for cousnmption wag 90,000,000 Ihg, and tho atocks in bond Jau, 1, 1878, woro 81,000,000 Ihe. The imports of 1873 werw estimated in Soptombor to be 41,000,000 Iba lees than 1 1872, The destruction of o Inige quantity of wool in tho Boston fire, and tho do- mand vihich followed, caused o temporary nd- vauce I wool, but the market was noarly cléared in & fow wocks, and prices receded to their formor rango. The lust clip way of oxcollent quality, aud fally oquul in quantity, to that of ‘the precoding year. Thu clip of the conutry is batioved to hive incronsod fromm 10 to 15 por cont. The muterial incrensa is in Colorado, Californit, aud other poiuts on the Paclfic slopo, whore sheop raising is uttended with losy exponso, The season’s hueiness was nenrly over in Sopfember, aud stocks had been reduced to i very low point wlon tho panic camo, Tor tho two mouths following the market was ut a tand-still, but after tho middle of November trade begun to rovive, and, slthough the first sales were made at concessions, manufucturers have since purchased quito freely, und prices for 1lecco wools aro now ranging highor than before tho panie, ‘The stocks 1u tho hands of dealors ure very light. MISSING. Speciul Disvateh lo T'he Chicuyo Trdune, Dernotr, AMich,, Dec, 28.—At 4 o'elock Christ- mus morning, Houry C. Smith went out from his home at_Ypsilanti, aud has bgen missiug over wince. Ho was u morchant tailor, and so far oy Lnown his tinancial affairs woro all right, Il is snid, however, that holad trouble in domestie matlors, Exténdod inquiry bas beon sob on foot, but no trace of Liw hes Leen found, It was re- ported that ho had beon seen in Windsor, but in- quiry thore to-day reveals no traces of Lis ever visiting that town, He took no money, and va- rions indications show that his abseuco wns not prpn[lam.lilntud, unless, indoed, he committed Buicide. e o SUICIDE, Spectal Dispateh to The Chicugo Tribune, Lawnexor, Kan., Deo. 28,—A private lotlor recoivod 1n this city statos that Col. J, W, Hor- nor, formerly Presidant of the State University, oud, later, liditor of the Cliotopn Advance, at- temnpted to commit suicido by drowning himsslf a fow days since, Col, Homar's wife dlod very suddenly, and this stroke so worked upon him o to couso lis frionds to foar thab hig mind bad become impaired. The lottor atatos that ho bas become {naane, and this rash _act wonld seem to confirm the fears of his friends ——— THE ERIE CANAL. Speclal Dispateh to the Chicago Tribune, Burearo, N, Y., Do, 28,—The vaual iy com- pletoly cloved, No boats havo bsen able to gob throngh tho tide-water sinco Christiea day. Tho weather is growing vory cold. Threo 1ails lion bushols of grain are now ou the canal, and will hiave to stay thore duriug tho winter; four- ninthy of it is wheat, e PERSONAL. Speclal Digpateh to The Chicago T'ribune, LAWBExOE, Kan,, Deo. 28.—The Hon, Warren Olingo will givo s footure b the Anti-Monopnly Ulub, on Monday, on tho subject of the Political Situation of the boxmtry. SN sh— Cos=oporation in Germany. ore is tho progross of co-oporution in Gor- many: In 1850 thioro wore 81 uouictics, with 18,- 76 tnembors, who had on loan 4,181,448 thalers ; shura capital, 246,001 thalows ; and in 1870 these {lgured had risen to 740 socletics, 114,656 mom- bors, 207,618,987 thulers lout, and the shere cap- itul fiud tisen to 19,440,163 thnlors, Tivon during tho Franco-German war, tho number of co-opor- utive bunks incrassed by 131, nud 112 new storen wore oponed, while 9 ‘wanufacturing socletios woro established. 'Tho business done by ull thoua soclotics in 1870 mmounted to 850,000,000 thalors. Tl paidnp capital vy 27,000,000, wad tho Joan cupitul 62,000,000, The numbor of co- oporators now in Gormuny exeecds 1,000,000, Among the truding ussociulions thoro ave of shoe- makory, 66; agriontturiets, tatlors, 47; cab- uct-malwes, 245 smiths, 8; weavers, b; booke Lindorn, 45 glove wanufucturers, 4; carpontors, 2 haslot-makory, 3; houso-painutors, 1; millors, 1; clothe-makors, 1; sowiug machinfuts, 4; booke iug establishwonts, 1; house-builiug oxtablish- mnnt-{un aud thoy lplpe-r to muoko wost pros gresa iu go-uperation, Just were we make leaat. THE PENITENTIARY INVESTIGATION. Addittonn? Mestimony Concorning the Physlenl Conditlon of ¢ Willia cebved S fore Goluyg to th Nneeinl Dinpatelito The Chicago Tribtnes Autow, 11, Doc, 28.—[ nm informed by Shor- 1 Covpor that Williams, who was sout frone this county to the Penitontlary, and who died so sud- donly In the bath-room, wis apporently saveroly fujurod by somo of the prisoners in the jall pro- viots to boiug sout to the Penflentlary, “Tho in- Sury viun cuused by two or threo of tia prisoners nlll)runchhlg Trim whilo lie wan looking -~ through the yrating, and aqueozing blm with all tholr wbrength, : HIN BREAST BEING AGAINHT ‘11 COLNINOL DARS, Ha wan so mush affected by the rough trente mont that whon tlie Juilor went into -tho Tdson ho found Williams Iying down, nnd unabla ta spenk: o It wan soveral days hotore e could broatho naturally, Ha was under medieal treats ment for the injury, ¥ 3 TUE BIERIFE THINKS the infurles ha receivod hind nomo effoct in causs ing his sndden und )]\emlliln' denth in the DPeni~ tontiury, . The physiolan who nitended him hna izmm 1o Euroyio, but the Sheriff says Lo con tes- ity to tho fucts in tho case, sud that ono of the Y\-mnnms who (id the sqnoozing, Leo Mabonoy, 8 now in the Ponitentiary. fisesgonitn = Ferkimor Connty Diiry Markot, Livrts; 19 uns, N, X, Doe, 27,—Cho markot this ieck hins heest brigk, with ol advined In ices over those of Ingt weol, 'he vales of farm duiries wero active, pricen yunglng fron 10c to e, Some long lots of farius, of fine Heptember and October make, are held above 14— thet prico belng offered and refused, “Cliors was u conslderable number of factorymen in mnrkol, but tho offerfugs wero comperaiivaly light, aud no'mors thon 1,300 boses clinuged haude, T frude beging to realize the fact that tho stock of chieesn in the counfry s quite lhnited for tha wragon, which witl sy inprovement in buth homo and furelyn demand, havo altogether lind the efiect of ad- vaucing prices,. We give the londing_teansaetions, a8 follows: Dairy Mill, 60 hoxes nb tc: Middleville, 170 at 13%e ;" 011 Felrfleld, 200 at 14e; Herkimor County Centrat, 125 at 14¢ 3 * OR Ston Chnrel, 100 at ey J, D, Tvew, 160 ut 13¢5 Brockett's Dridge, 100 at Eatonville, 200 at 14¢, T'ho {tnpreasion now prea vallw quite genorally among holdern b rates will e ther mlvance, und somo thul thut ¢ to 160 will ba x':-m:xlmhlurlng tho next two monthy for fine and fancy grnden, There wai o good delivery of hntter, hut the markot remuios unchanged, Packages of wintor make, while went ut 282, whilo tubin of good yallow bronght 4§ @, und fancy grane-mako e, We'hear of 1o trausactfona'In clieoso ¢ the Utics City murket this week, though it a sald thero i o cone widerablo quantity stored fu tho clty walting salea and whipent, is weatlier fu Torldner I« mild, witl & Mght conte ing of smow on the ground, which’ malies oxcellent aleighing un the country roails, ‘Wo hiavo Jetters from England for the first weok in Decembor, Our London eorrespondent says cherse o ull descripiions 18 quietly, but lirmly hield, Americou extra solld at from 74 to is 5 next quallty at 70 to 729, Euglish cheddar, 80 {o 848, "Tu butter, line is Acarce, und ruarket gonerally quiet. 1ie supply of Juropeun I8 large, sud holders of Awerican sre firm, Clen Mills, 100 to 14285 Corks, 141s ; Canadian, 100 to 124x per o WEST SIDE, CARSON, PIRIE & (0.8 RETAIL DEPARTMENT, Madison & Peoria-sts., Have Opened.some of the Most Extraordinary BARGATINS Evor Of(otefl, nnd Specially Adapted for OLIDAY GIETS as follows : EMBROIDERED LINEN SETS, 500 Linon Kmbrolderad Sots, each Sot {na box, 85 conte ench, worth 76t 86 ets, 1,000 Linen Réchly Embrolderod Sats, oach Sot in a bos, 50 ots, nach, worth £1 ta 81,55, As tho abave Goods eloso tho entiro fmpoHation of s Targa farolgn manufacturing houso, the zonds cannot. bo duplientod; and as, withont doubt, we sdall sell ali in o very fuw duys, thoss who wish to avail themselvos of thin bargain should du xo at onco and beforo tho bost styley ara entled out. Also, 400 Black Luco Vells at % ots. ; a groat bargain, 4,250 Whits Lace 'fidiey, 10 cts., worth from 20 ta 76 cts. Lot Luco Collnrs, 10cts, each. Lot Lave Hundkoroliefs ut 35 cta,, vory choap, .ot Limerick Laco idkfu., 81, worth $2.00, All-Linon Yom titch Hdkfs., 134 ota. onch. 100 iTom Stiteh and Embroidored Hdkis,, 39 ots, each, 300 Embroldered 11dkfs., 10 cta. each, Great Bargulus In Real Thread, Polnt Applique, aal Polut Gauzo Collare. Speolal Bargutus In Black Guipure and Throad Lacos, Bargatos in Hoslory us herotoforo advortised, Hargains lu Gluves as hetetofore adsertisod. Bargains In Corants as horetofora advortised, Anothor ot of thoe astonishing Dress Coads on th Contro 'l'ahles at alimoat one-thira formor prico, Lot handsomo Now Sracado Sorgos, Dinb Sbados, suita ble for Wrappors, 25 ota,, worth 0. Lino of Plain Colored doublo.wldth Cashimoros marked dawn to 26 etk { & grent bargain, Empress Qloths, chiolcs shades, rogular 60a quality fo. A0 ote, Very Lurgo Lino of Roal Krouch Morinos, desrablc sbides, Hoavy and Tino Goods, reducod to6) and & ots. ou tho dollar of rogular prieas for samo gualition ‘Spociul Bargnins in Biack Alpacas, BI'k Cashmoros, an othar I’k Dross Cabrica, ¥ Folt Skirts at 7 ota,, 31, and npwards, Our Entire Line of Plaln, Colored, and Fanoy Sliks al Targo roduotions. ‘Wo shull offor BI'k Sliks this wook at such pricos inauro quick sale. . For this wook only wo oifor (Roak Velvets us follows: 8 8,00 quality, Fino %8-luch Velvots at 85,75, 2 0,00 quality, Fine R-lnch Velvets for 20,50, 813,00 quallty, S-inch sll 31z Lyons Valset for 9,0, 816,00 quality, &-nch all Siik Lyons Volvet for &10.01. 818,00 quality, 22nch all Sk Lyous Volvet for $12.00. By the removal of sovornl Dopartmenta of Hoavy Goad: to tha hasowont during the Hollday Tradn, wo hopo iu sava Ladies tho crowding, annosance, and delny prosious. 1y experlenced; und by the oxtraordinary valuos wo now rove to all that IT DOJS PAY TO TIADE ON WLST SIDE. shat "PRICER AGOORDING T0 TIMER, fnom gato te ey 1o, 94,y GLLL D PIANO, Wit ) P4t INPrOVImonuti, uh Tow prices for casth, b0, Musioal fuatrumonts of auy desceloilon nt ercutly s KHOLDERS deok ' Meeti . Stockholders’ Meeting. The rogular annual nmuflut of tho Ktookholdera of Tbo North Chicago Cliy Railway Company will be licld at tho otieo of tho Compauy, 450 North Olurk-st,, on Tuosday, the 13th duy of Januacy, 157, at W a. i, fortho purposd of oleuting # Board of Direetons and (ransaoting euch othur busiuoss as may come hofora thomn, e i URAM CRAWFORD, Hvo'y, BOALES. oo FAIRBANKR' STANDARD SCATES OF ALL BIZES, FAIRBANKS, MORSR &C0 U1 AND 113 LAKE-ST. ____ MAVANALOTIZNY. HAVANA LOTTERY GF CUBA, W, A Ugsat roduction {n prion of tiokats. - Whislar 520 i Toatoter BB T Jouthes b utid (Weibotit, B S jovarnoiont Lustuion, Frizos sasliod, ‘xo;naa. iow ¥ozk:

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