Chicago Daily Tribune Newspaper, January 1, 1876, Page 12

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160 enred, nnd this is ospecially tho caso when tho ear of its growth wan wet, af was tho caso in N75, Present conditions indicate that the, cry of “hot corn will bo hoard alt ovor tho land noxt summer, untera patties trading in it are wise onough to operate ssourdinlys With a lax ineroetion, Chicago corn would become & by+ word all over tho civilized world, ——+— OATS, ‘THE OAT NANKET DURING THE PART YEAR wna 8 peculiar ono, but sympathized in a ro- markavlo manher with com, almost thronghout. Tho market had been extensively manipulated during the lattor part of 1874, and that {net left it in a demoralized condition at tho beginulog of sho now year, the majority of oporators not tnowing what to do, Prices had been well kept ip, which angured a decline, bub the forward novement had algo been 4 (reo one, and it waa Lelloyed that tha crov sould be well cleaned up hofors new onts wero ready to uso, for which reason tho bears ware afraid to soll tha market down. Tho market was dull during tho ro- mainder of tho winter, with a yory light rail movomont Enstwaid, and littto trading, except an a heavy deal was gradually dovetoped for Mny dolivery, tho market belug kopt firm by che amall volume of the stocks in etore, From the middle of March to tho middle of May pricos ndyauced 12}J¢ per bu. The May deal was rottlod up on asather high basie, and the successful operators turned their attcntion ‘oa June, THE UNSETTLED WEATHER toaiing many to expect a abort crop. Thoy wero not very successfil, and the long side was oven more unfortunate in July, whon the marker went down persistently and heavily, in epito of tho try thatthe crop was drowned out, and that there would bo comparatively fow oats after tho ld wero exhausted. Tho party who had tried to tontrol the market went undor; aud thon somo of those who had beon on the short side through she summer turned round and workod the other way through Auguet, Septombor, and a part of Vetobor, under slowly declining prices. ‘Tho Auguat deal was a very large one, at oast 5,000,- 300 bu of whorts being ont for that month, and somo partica in Indiana made a good deal of money on the long side, which partially compon- aated therr losges in wheat, Tho new ciop was a large one, fully 6 per ceot groater Susu that of 1874, ‘but it moved wlowly. ‘ho wet seneon bad made an onasual growth of ntraw, so that tho oats cured etowly, and contd not bo passed through the thrasher autapidiyas herorofore. ‘tho Intter diticulty had oxietod ever since, and tho relatively low price has formed but little inducemont to farmors ‘omarkotthent., Honco the MOVEMENT HAS BEEN stow, and tho market bae ruled quiet during tho later mouths of the year, Tho trade fas, howover, buen a legitimate ono, there being 3 fair profit on thij ments to tho East rearly tho wholo fall. hero was a fair amount of trading for {titure, but dtdle excitement and httle differonco betiwoon the prices of cash and seller tho next month, As atroady etutod, the crap of 1876 was = rath. w larve ono—it mich exceeded the general ex- pectation both in quantity aud quality. Wiecon- alu, Nebrasia, and lowa liad a aplondid ylold. In {ndisna, Obio, and Southern Hlinoia tho yield ras tair, but ihe quality much below the ayer- tge, and receipts graded low, The MOVEMEST THROCGIL CHICAGO exhibits a falling off from the volumo of 1874, and the ehipmenta by Inke wore excertionalty fight. Theyiold of tho Eastern States waa gon- srally good, so that thoy have ncoded Jeera that iu pnat venrs, and a latge provortion of our sbip- mcnie have becn d.stributed by ruil over tho States xituated betiwoun ua aud the seaboard tier, But there has also been au tncreaso in the percentage uf tuo oxts that gimply pass through Chicago without being laced on our market, A great many were billed through to the Atlantic roast from interior siationa, aud rome of the receivers havo gince expressed tho wish that they bad sont their ordera hore, and intend to do vo1n fatute. ‘hero hag been » great tempta- tion to ship an inferlor quality of oats from the fouutry, when not chocked by a rigid inspection. ‘Tho lower prices of osta duriog tho past few mouths haye very much stimulated couaump- lou both here and io the East, and there ts a fair proxpect that the crops of 1875 will bo wall aged up by tho timo that the noxt crop ts ready to move. THE AVERAGE PHICE of No. 2 i 1872 waa 20!¢0 ; in 1879, with much larger reccipty, it was 2837c, In 1874 it was 460, tho entire tango being “7}¢@8se. In 1875 the Average jrico wae 47c, ‘Lho market opencd st sbout 423;., rulod steady at 62@53e till near the middle of TFebruery, thon slowly advanced to Bi%je in May, fall buck to 7!{o ‘at the close of that month, Tose to 63¢ in the first half of Juno, under corer scare, receded to 60!¢0 two or Ylreo works later, and rose to 62cin July, The now oats auld from 40$¢c down Lo Sic in August, then up to40o uuder foars of a co'ner, aud peatcalle declined to 29\join tho early part of ecemubor, aud closed at yU}{c. geomet RYE, ‘THE MARKET FOR RYE IAS BEEN ATEADT furing ucarly the whole year, under a supply nbtch ecarcoly kept pace with the damand, Yaengh the latter was considerably interfered with by the whiaky troubles, which closed about Sfty-two of the distillorios for some months. Thore waa 6 rathor large falling off in the ra- seipta of tho old crop, ss compared «ith 1874, the yleld of that year having poen a light oue, owing to the dry weather, so that there waa not auch tu be drawn upon, av high prices, induced vy nuort eales, bad attracted largo recoipta in she sutumy of 1874 and the early winter, Thon the soaeon of 1875 was a backward ono, makiog the now crop fully one month later than usual in ataiting forward. But tho receiprs camo iu frevly ia Ootopor, and on the now crop wo have veceived more todate than tho corresponding ‘inte the previous yoar, Ip the autumn thoy Rete nearly one-half greator, THE NEW CROP, ‘The fact of small stocks and high prices on the preceding crop caused farmers to sowa larger acreage, but this was about made amends tor in quantity by tho freoze-out, which also made 5 groat doa! of poor ryo, Most of this was gent forward to market early, and during August and September there was areal glut of damaged stuf bere, moxt of which was aold on irack at 68@O5c, and did not go into store, It was frooly purchased by city distillors, and eblp- ved to Loniavillo, Now York, Peoria, Pittsburg, ate., bolug eold as! mixed” in thove markets, When tho quality faproved, recvipte wore wtill are, and the anticipation of higher freights made froa sellors for forward delivery, noarly 1,000,000 bu belug rold for August aud Boptom- berin addition to the receipts, This dopressed the market, capecially as a yood deal of ryo zamo hero that would have gous to Bt, Louis aud other Southern polote but for the whisky troubles. Wo rocaived ryo from a considerabla wroa of territory far out ou tho lines of tho Rock Island and Chicago, Burlington & Quincy jiailroads, which badjuot sent ua rye to any for- mer year, THE MARKET BOLED Mow ou tho old crop, pricea being some 100 por bu above the pomt at which sbipmouts could be ido to the vast of tho Alloghauies during tho summer munthy; but thore wees good demand for the wupply of the West, which sustatnod quotations, Tho market openod ut about Y7}yc, fell off to 950, advanced to €1,00 in middle of Pebroary, receded to OGc the tiret half of March, advanced to $1.15 by the muddle of April, sub> sided to $1.0334 lator in the mouth, rose to 81.03 at the clove of April, And foll of irregularly to Wo early in July, wud roeo to 81.02 by the mid- die of that mouth, when the uew crop waa eoil- ug at ile for August. ‘Tho market (ou new) ductuated betwecu 600 and bto mm August, 870 being the highest price paid in sottlement near the clove of that month; thou declined to 65¢ in Novembor, Giye being tho lowest option figure (the thst week in Navember), and advanced to be at the clove of the month. Since then prices have ruled firm at GS@bH3¢o most of the time, cloning at G7@G7!jc, ‘Tho average price of No. 2up tothe latter parvof July, when tho new tame on the market, wan exactly $1.00 por bu, The avorsge for the whole year way $8!/0, Stocks of rya aro light ‘all around the West, and the quality iu good, all (he poor stuff hav- mg gone forward from the farm, and been seared of tho markcet—mostly gone into cou- sumption. Hence mows dealers have looked tor wadvanco, ‘The country bas refused to soll at Grreps rates, snd recont short sales have all wen wads by ‘homo talent. ———. BARLEY. ‘THIS MARKET 048 BEEN DEMORALIZED wer aluce the panio of 1879. ‘She crop of that Tear was so Uxbt that some 66,000 bu were ported to te United Btatea from Lusope, aud abont 1,500,900 bu wero brought East from Call- fornia, That encouraged the farniora to sow Darloy, and led to heavy short solling, under tho prospect of an abundant crop and reduced con- wumption, But the yield of 1474 was light, oning to tho dronght, aud tha market took ao unexpected turn upwards, barloy boing rela- tively acarco early in last year, ‘Lbis induced tho planting of an increased acreago, and tho result t9an immense crop in tho Woet, in pro- portion to the demand, the agricultural roturne to the contrary notwithstanding, Tho acreago iu Nobraska, Towa, Minnenota, and Wisconsin oxhitited an increase of 25@83 por cont, and tho yleld was heavy one, In Nebrasks and lows tho crop was ecriously injured, in some places almoat rulved, by bad weather at the time of unrvest, In tho cthor two States tho rains did not occur till most of tho barley lad boen so. cured. In consequanco, the crop of tho Weat is exceedingly uneven. that from ihe Southorn soc: tions being, much of it, little better than stump- tail, while tho Northern barloy Is good. Tho crop in Obfo wan only one-third of an averapo, that Stato and Indians raising about 2,600,000 betweon them. Oblo parties bought rathor free- ly in our market soon after harvest to supply thefr own deficienctes, which caused an advanco here, aud that coustituted the bulk of tho ehip- ping demand for our recoipte of the now crop. THN YIELD ELSEWHERE haa also beon largar, Now York raleod 9,000, 00 bushel fast year, being abont one-third moro thon in 1874. and has seut some of its sarplus era to find a market. In 1874, Canads exported about §,000,000 bushels; Inst year hor surplus for oxrort waa estimated at 7,000,000 bushels, of which 6,200,000 had bron disposed of up to Nov. 20, including 9,600,000 bushels received at Os- woga, About 616,00 buabels of Canadian barley had arrived hero up tothe closa of nayication, with some 2U0 tons on tno way from Califurula, A LESSENED DEMAND. And, with this increased supply of good and bad barloy, much less was wanted than lercto- fore. Tho dorression caused by the panic bas not ended yet, and the very low temperuture of the summer also favored a leasonod consumy tion of beor. Tho vrowers had been forcod pay rolstivoly high prices for barley and malt, tho market having beeu run up by speciuintors, and were unablo to command & corresponding advanco in tho price of beer, bee caneo, under o Iessancd domand, buyers wero able to dictate pricoy. ‘Tho greatucsa of the chaugo in the trade in mdicated by a falling offto the oxtent of one-third ito the internal rovenuo colicctions from brewers ; while tho ex- tent to which they havo suiferod 18 shown In tho report made at the Ciacinuaii Convention of last Juno, that neatly 2,000 browers Lad fuited AB A couseavengs of the hard tinea since tho panic. THE COURSE OF THE MARKET has boen a faithful retlax of theso conditions. During tho first patt of the year pricoa wore sus- talned, arregularis, by the fenr that the crope would ba ruined by bad awcather, tho fear boin; strongert in May and Juoe, Atterwards it tule: woak, aud tho lant fow months of the year the market was a fesriul Slough of Dexpond; that for No. 2 being outiroly srtdicial, whiis the low- cr grades wero unsatablo excopt at prices that wero low oven for chicken-feed. No. 3 was counted fully 300 from the price of the specula- tive giade. ‘The market for No. 2 opened at about $1.21, and rnled at $1.20¢01.29 dunng January. de- clined to €1,01 it Marely, advanced to about 31,89 near the closo of May. woakeuod to 91.14 in Jano, at which timo September rola at We@ 31.00; advanced to 1.40 in tho middle of Juno with Sentember at $1.09), and wenakened to 3L45 at the end of that month. ‘The market for Soptomber dulivery thon was about Mic, and koon strengthened to 81,02, fell off to 950 in the mid- dio of Juiy, rose to $1.19 tho trst weok in Au- gust, and receded to #1.01in tho totter part of that month. In September tho markot rose to $1.13, and fell off irregularly to Ble in Novem- ber, then ndvancoi ta B’o at the close of that month, fell off to 8424c, and roso to Bsc, receding. to Sic atthe clogs, “Tho averago prico of No.2 for the year was about 71.20. Siena THE BREADSTUPFS MOVEMENT. RECENT, The following were tho receipts of breadstuffa in this city during the pant three years, flour be- ing reduced to its equivalent in whoat in the footlnga: 1874, 1813, Flour, brie, 108,870 2,487,178 Wheaf, bu, moi ater o Corn, ‘bu... 85,799,018 34,187,212 ats, bu, 33,001,233 17,645,724 Rye,'bu, COREY me Toe OY Barley, bi ‘ Totats.... +++00470,601,050 ; Tho following wore tho corresponding ship- meats: Flour, tek x 0 Wheul, bu. 383 Corn, bu,. 4U'),420 Oita, DU sseeeeee: 203 yey BU... 00 10,60.) S55,077 Barly, in 1,836,117 2,404,538 Totale....s.064.70,378,167 85,020,601 91,597,002 CITY CONSUMPTION. During the past year there was withdrawn from store for city consumption, 1,225,866 bu wheat, 1,553,753 bn corn, 583,980 ba oata, 190,875 ba rye, and 766,937 bu barley. Total of alt kinds, 4,925,311 bu. Tothis should be added about 2,600,000 bu taken from track, without being passed in toro, and wa shall have 9 total city consumption of about 6,825,000 bu of grain. ‘Tho difforonce between the receipts and ship- monty of flour, added to, that manufactured ip the city, and allowing for difforcaocos of stocks on huud at the two ends of the year, gives a city consumption of abant 600,000 bria dour in 1875, agsiuut 654,000 bris in 1874. GRAIN INSPECTION, Thoroport of fnepoction of grain for the twelve months andlug Uct. 31, 1875, gives tho following aggeegutes : Out, 19,136, ACTIN ES Tuto Store, 19,331,430 25,397,047 ‘Wheat, bu, 6 Corn, bu, Oata, bss, 05° 9,035 flye, bu, 29.205 Lasley, 1,350, ‘Totala, 61,055,001 Thowo figures d present all tho grain sontte Chicago for salo in this markot. A Frost deal is couslgnod to be sold’ by sample. { should aleo bu remembered that of tuo larger quantities stated Abova aa the aggrogste re- coipts, a considerable percantagy i billed through, and simply comes to this clty.s8 a potut of trausfer, uot bomg placed on our inarket, DREADSTC¥A IN BTOUY, Tho following wore tha quautities reported an in wtoro in the last statement made in euch of the three yeara uained: INT, 6260 qT, fu, 67,558 441,509 LIVE-STOOK. YOR THE FIMST TIsNt since tho construction of the Uniow Stock-Yarda, —a period of ten yeais,—we havo torecord a do- cCreage tu the aggrepata receipts of livo-stock at Chicago. Ofvattlo aud sheep, a much larger numbor have arrived than during any provious year, but this increase wad moro than offset by a ducing in tho receipt of hogs, and tho tigures stand thus: For 1874, 5,410,990; for 1875, 5,251,- 911,—decrenge, 189,089. ‘This is not an unfavor- sblo oxbibit, inthe light of tho roport of tho Commiusioner of Agriculture, which shows in the four States whenco our supplies are cbietly druwn,—viz, Illinois, Wisconain, lows, aud. Mivsouri,—a doficiency, ay compared with 1974, OU boge. The wonder, therefore, is wok that our receipts show 6 folilag off, but that they sa clovely approzimate those of 1674. At iw also consoling to know that the decline in tho paat season's receipts was not pecullar to Chicago, aa withers the comparative table fur- miened below, from which it appsare that tho Percentage of decrease at St. Louis ts much greater than here, her arrivals of hogs being Tully GO per cent less than for 1874, While our receipts of MATILE aUOW AN INCREASE of 76,877 head, there was a falling off in the are pus at Bt, Joule of some 24,00) head, as fol- lowe t 1814, 1815, Chicago,, FOS, 908 220,419, St, Lou, NOES — BEE ML Difference, Se Bs,08L 689,000 These cowparisons are drawn not for the pur- pose of belitthuy the {uportsnce of Bt. Louis aa a jive stock markat, but to demouutrate the supreme ridiculousness of er claima to rival Chicago, The developments of the past season THE CHICAGO TRIBUNE: SATURDAY. JANUARY 1, 1876—TWELVE PAGES, i A would secm to have forover rot at reet the ques. tion of the continued supromncy of Chicago 28 tho chief live stock distributing point of tho world. Although the aggrogate of our recoipta was leas than for 1874, thovaluo of the samo wag, B6n10 $10,000,000 gronter, ‘THE FACILITIES for tho transaction of tho immenaa buainosa now Annually Langacted at the Union Stock-Yarda, always suporior, havo been stil furthor improv~ ed by tho addition of more cattlo, hog, and sleep pons, acale houses, foad-barne, the building of nawers, tho laving of water-pipes, ete., otc. and they havo now attained that degree of complote- nevus whore spparently nothing rennins to be supplied, A naw [xchange building, 503137 feot, tro-and-a-bal! atorios high, has alaa been erect~ ed. ‘Tho impravemonts mado by the Union Stock-Yard and ‘Transit Compauy during tho PAst reason involved an oxponditure of rome $200,000. One hundred and reventy-tivo acres aro nox covered with catilo-yards and covered poss in uso, Tho Compauy rive con~ stant eniplormont to CO men, and tho cighty commission firms emplor an average of four men each, making a toial of 700 mon finding steady omploymant at tho Stock-Yards, ‘Tho oNicara of tho Company aro J. Al, Walkor, Presi- dent: J. I. Shorman, Superintendent ; Goorgo T. Williams, Secrotary and Treasuror—tho samo who have so anccessfally conducted its aire for s uumber of yeara pant. OATTLE. As shown by the accompanying tablos, the re- ceipte of cattle woro 70,877 hoad. io oxcoss of 1874,,.aud 169,418 head in axcoss of 1873. The Beason was hot & profitable one ta feedora of native xtock, prices having rulod lower than for several ‘oars = provious; nor wero tho operations cf drovers attended with vorv satisfactory roaults, owing to tha froquont and often violent tuctuation of prices. In point of quallts tho cattle wero bolow the aver- ngo. Thoss sent forward during tho first half of the year compared favorabiy with formor seasons, but tho euminer and fall recorpte wero noticeably inforior, notwithstanding the unusu- ally abundaut and vigorous growth of the nag turage, A festuro of (he past season's trado was tho very pronounced increano in tho supply of Colorado and Montane cattle, Ono com- toisgion firm alone has haudied in the neighbar- hood of 20,00 head—o larger oumber then waa received from that quartor during tho ontiro soxeou of 1874. Tuo receints of Toxaa cattle weie undoubtedly less thau for 1874, but tho quality was mich supericr, aud the average of Picea materially hicher. ‘Tho DUESBSED-BERF trade of this clty fs beginning to agenme pretty largo proportions. There aro now throo estat. lishmenta devoted to this important branch of our stock trade, with au ugeregate capacity of 8,500 hoad por week, ta during tho rognlar season, beginning Nov. 15 and ending March 15, average between 2,000 and 2,500 per week. Itis through this clranuel that the rivor towns of Now York and the manufacturing dia- tele of tho New Englan2 Statoa are chiolly aup- Pliod. mods. ‘Thora was a decreaso in tho rocolpts of hogs Of $16,269; tho figuros being for 1974, 4,253.07), and for 1975, 9,912,110. ‘Tho Agsossore’ returns to the Board of Equalization show a decresaa in the number of hogs in tho Stato of Ipinols of 612,245, the nuwmbor of hoga avanased in 1874 bo- ing 9,452,214. nud jn 1875, 2,809,960, It bag been a prosperoua season for feeders, prices having rulod big throughout the year, Open- ing prices wore $6,257.30, At these figuros tho tmurket rorgaiged comparatively steady during January and February, but during March and April thoy advanced to #7.50@9,25, From that wint thay gradually shaded of until 26.00 625 waa roached in June, From tho middie of July to Octubor prices gradually worked upward, tho quotations on Oat. 1 Lclug $7,60@9.75. Tho regular packing season opened May 1 at £6.50@8.00, aul prices havo since te- clined to 20.00@7.! ‘Yhe hogs recvived during tho spring nud carly sumer woro fuforior, but take the season through tho quality was better than for 1374, Tho inouthly averages were in every Ingtauce horvier than for the previous uougon, BIEP. The recoipts for 1875 excorded by 80,803 hend those of any former year. Otherwise the past Bougon wos without eapeoially distinguishing features. ‘Tho recoipte war, at Obicago 418,044; at St. Louie, 121,000; difforenco in favor of Chicago, 297,043. RECEIPTS AND @MIPMENTS, Following is comparative staroment of the rocoipta and ahipmonty for 174 and 1870: Teeceipte— Cattle, Hoga, 3874, 4,258,379 3,012,110 2,026,727 16,001 16d1,315 tf 11,109 Ba Sheep, Horsen, 58,1 20.4 Otas5 4,581,513 283,278 11,109 THE MONTHLY AVERAGES of the huge received for the past four yoars wero na follows, Docomber, 1876, Loing extiinated : 1873, 4974, 2876, p} 25932 a 26 Pilea a1 ar By Pity Prt a Cy ME MK IN 10 aay" 206, 21a ay as Casey way ‘222 an0%; 280 wig 2 asing aay 375 THE A! EIYTS of cattle, hogs, and sheep sluce the opening of the Union Stuck-Yards huvo beon as follows : X table wbowy the inouthly ‘ro- coipts of hoga at Chicago and St, Louis for 1874 and 18754 —emiosaa.—~ ut, LOH Caan CR January... 457,083 6 vizio February, 5100 240,707 259,569 ate Mat 299,081 200,197 190,768 165,910 ButUSs 491,893 470135 15,80 39,912,110 1,120,505 Pa Sen DIRECT TO EUROPE. FXYONTA, ‘Tho follawing are the exports of produce from Chicago to Europe on through bili of ladiug dure Jug tho years 1874 and 14751 20,178 otad. 4,253,079 By Lake, 34,500 403,00 THC) Provisivns, tons cellancaus, to: Grand total, tons, Grand total'for 1 OTHER PRODUCE. RECEIPTS, Tho following wero tho recoipts of other articlos of produce for the same periods: 1875, id, 3873. Butter, ibs 3 28,745,000) . 22,235,705, Wool, lus, HBL) uy 3) Hadad, ud: Bult, tela Aighwines; ete, Cosi, tous. Cotton, La Tes, Wa... ‘Totlacoa, 153,003 19,402,175. 17,041,904 10,254,20! 21, 16d,0i8 BUIPNENTS. Teh corresponding shipments wero: Lutter, Ba, 16,836,553 16,020,100 Wool, Bs, 6,394 89,949,728 12,881,803 93,719,453 WM 15,000 a7 18,98 44 78,9398 3,439,000 AO,256 2,042,025 ‘Tobacco, its. 6,815,033 7,058,010 6,214,083 a HIGHWINGES. THE COUNAE OF THE MARKET YOR MIGHWINEA has been marked by unusual oxoitomont during 1875, owing first to an incrosso in tho tax, the bill for which was parsed oarly in March, and secondly to tho already we'l-roported whisky getzurea, which wera mado in thin city on the 10:h of May. Tho market opened in January at DGe per gallon, declined to Wc the Inst weol in that month, rose to €1.10 carly in February une der tho anticipation of au incroaso in tho tax, which brougbt out speculative buyora long before tho passage of tho bill way assured, receded to $1.04 In tho middle of that month, and advanced to $1.10 early in March, when tho bill was passod. It ranged at #1.08@1.12 duriug that month, tho market being sometimes deprossed by tho {net of large stocke which had boen man- ufactuced to take advautoge of the chango in tho rite of taxation, and roso to 21,14 at tho end of April, Tho first weok in May it sold at $1.13, and bad advanced to 21,1517 on the ever-momor- ablo 10th of that month. Tho price then quick- ly rono to $1,18, and wout back to $1.16 by tho middle of Say; then down to 91.15, and ranged at $1.10@1.17 through July, with s shabt oxcep+ Mon on the 17th. The thin weot in Augost it touched 81,1924, the nighast point of tho year, and gradually recedad to 81.1234 on Oct. 25, A slight reaction to $1.13 waa followed by n furs ther drop to 21,0} in December, aud cloued at $91.09, ‘Cho average prico of the year waa about ” “EPPECT OF THE @xZCNES ON TRADE. Tt waa gonorally expoctad that logitimate trado would be bonetited by the scizures, but such wae uot tho caso, Thero was so much “old” stock on sals, waiting fora market, ato koop pricos down to baroly the cost of production, aud trado nas sadly hamporod by tho uocertainty at- tending tha movemont of goods, Easter buy- era wanted wines, but thoy also wanted a guor- nutes that tha property would not bo soized —shich guarauteo could not bo piven. In consequence, a gieat doal of trade went to Cincjunali oad other points at which vo reiZures had been made, that would o:herwiso have to caine to Chictgo. Tha last seizure near the closo of tho yoar bas caused very Sittlo ditfor- onco in the market, The domand for export to Europe was poor mout of the yoar, oxlug to tho relatively high price of corn, which mato whisky dear ircespect- jveoftax. Wilh tho dochne of corn in Novem- ber it becama possible to supply tha Enropoan markets with wines, oud a rather animated trado sprung up, sumo of the orders went here having to bo tilled in other oltios, aa tho Chicogo supply waa not equal to the increased domand. Arcangé- ments will probably bo mado carly in this year to largely oxtond tho European trade. It fa in containpiation to establish agoncioa for Culeago bighvoos of tho principal poiuts of supply, na that Chicago will trade direct with the dwollors on the other side of tho Atlantic, witnuut the iu- tervontion of merchauts on our scaboard. ‘Tho statistics of Lighwiao mauufacture in Ghicang ore givon ina subsoquont part of this articte, oo BUITER AND CHEESE. THE YEAR JUAT CLOSED was @ remarkably favorablo ono for the dairying iutoreats, ‘The buttor aud choese produciug dia- tricts of tho Northwost woro oxempt from droughts, and thoro was atall times on abund- aut pasturago, which, with prevailing coo) wonth- er, inaured not only a largo yield, but a quality of superior and uniform oxcollance. It ta only a few years wince the products of Western daizica firat found an outlet at the Kast, but since tho adoption hore of tho “factory “aystom, and tho introduction of improved facilitios and processes of manufacture, tho standard of Western goods has rapidly advancod, until to-day they will boar comparison with the products of tho bost dairy districts of the East. Not aoly lisva wo ostab- arian at tho Enat on outlot for our surplus stock, id WESTERN DAIny PnopuCTa now have a ruputation abroad. Careful estl- matos place the amount of checso shipped dur- ing the past sosson to New York and Liverpool direct at £0 per cent of tho entire product of the West, The quantity of cheeso produced in the Wost duting tho season of 1875 is estimated at from 16 to 20 per contin exccea of any former year. Tho average price io this market from Jan, 1 to May 1 was about 16340, and from Muy itoJan. Labout He. Vrices havo ruled lower than for sevoral yeara pagt, aud the market bas been characterized by uvasunl stondiness, ‘The wholo number of establixhimcuts fn the United States eugaged in cheese makiuy is os- timated at 5,000, and the amount of capital ine yosted ut $25,000,000, ‘TUE EXYORT TRADE. ‘Tho growth of the export trado ia shown by the following tabl Butter, | Cheese, |Sears| Butter, $ 582,74315 7,010,404 424,096" 0,457,868 suze) Bas! 85,008) 6, 1,408,812] 7,752028 ‘952,919! 10494,010 PSH |LGTEL.) 1,093,981] 11,498,005 ‘THY PRODUCTION oF UTTER in the Unitea States ia estimated at 1,440,000,000 pounds, of which 1,396,606,G67 pounds sre con- sured at hone, aud 53,339,333 are exportad, ‘The roceipis of choedo in Chicago during 1875 Wore about 12,000,000 pounds, and of buttor 90,249,247 pounds. —— ee BEEDs. THE TIMOTHY REED MARKET has been ratuer dull. A Jarge surplus of tho splendid crop of 1874 was loft over in dealors’ anda, and that fact, togethor with the late spring, pravented thoir baying so freoly og usual Jo tho early months of the yoar, while tho poor quality of the current crop also caused thom to take it modoratoly, preferring the old seed when- ever obtainable, Vricos Lave ruted Jower, rang- ing for primo from %2,25@2.60, the average prico for the year boing €2.45. The new orop was large, bat badly Injured by tho summer raing, end itis supposod that thore is a good doal back in the country which will probably seeka market io the sprang, Primo sced closes frm. CLOVER WAS IN GOOD DEMAND in the spring, to plaut and oxport; and the old crop Was about exbeustod before fall. Tho au- tumn trade was light; but oven then the supply was inadoquato, and pricoa have recently tasen aconaiderablo turn upward, though the market closes woak, The naw crop bas como forward slowly, aud many think it is abort; but cothing definite is yet known of fte magnitude. Tho wamples received indicato an oxcollont quality. Vrime mediutw clovor opened at 85,05, edyuncod to $3.00, recoded ta $6.00, and closed at $7.15@ 7.20. ‘Tho average price of prime medium clo- vor for 1875 way 90.73, MUNOARIAN WAY CORNERED in tho apring, tho hoadquartersa of the corner being inthis clty; aud tmillot oa eo acarco as to bo practically in tho wamo condision. Both crops wero short in 1874, and tho Iungerian wag all bought up by speculators. Owing to the late apring, early floods, and graushopper devastations, thore was an immense domaud for both serda; thowoason belpg too far advancod to replant other crops. ‘ho stock of mullot was sou exhausted, ‘bo high prices brought out ali tho Hungariau stored tn town or Laniot, and a considerable quantity was left over, chictly in tho hands of tho augineors of the cornor, ALavgarian sold in January at 85c, advanced to 1,60 in Siny, aud declined to Soin July, Dur- ing tho lattor we of tho year it has boen a drug wt bUG@Goe. Millet sold st 91,202.25, sud inte terly at ubout 46@c. ‘I'hia weauon’a crop, ca pocially of Munxarlan, waa vory large. THE WENIENN CHOP OF FLAX ia eatimated at 3,090,000 bu, There way e very lurge wereauo iu tho acreage, In the pring tha crusbors loaned o large quantity of wood, aud tho farmors, encouregod by the prot i former crops, planted moro independontly than iu auy other year, ‘Tho seed is beluw tha uvorsge fu wuality owing ta tho wet wosson, Prices Lavo rutod low, and the crop did not yield much prollt evento growers, ‘Lhe decline wus duo to lm- Inouse Offerings of doaewUc and imported seed. ‘Tho uret crop of India wou beary, and oarly ia sho season Calcutta linseed was liborally im- potas at Now York, andoil haw beeu yory low, jabsequently the break {a prices, aud the advance in England, diverted the Indiao seed from Amenoa; aud in November compotition hetweon Eastern aud focal buvora eauzod an advance of about 10 conta por bushel In this market, which advance was Aubeequently fost owing to a withdrawal of Eaetorn ordors and unoxpectodly larga receipts. Tho bulk of tho recolpts was taken by Western crushers, but commissiou-doslora handled more than in 1874. Choice otd aord rold last wintor at $2, aud prime now bas ranged from $1.30@1.60, ge BROOM-CORN. TUE WESTERN nor oF 1874 was bought up by local dealora, who, during tho firnt part of 1875, hstd about all cho corn in tho country not fa manufacturers’ hands. ‘Tho ntoci ‘wan retaitod at prices ranging from $120 por tou for the froorest carn to £275@290 por ton for the chotceat hurl. Tho bly prices brought out all tho old corm that had boon stored to tho couutry for yoara, and stimulated planting to an oxtont surpassed only in tho yoar 1870. The unoxpoctodly largo rocolpts of remains of old crops, and the proapact of ovor- production in 75, caused tho marzct to weakon in May; and siuco thon prices bhava dectinod 830@100 per ton, tho decline having boon con- tinuous since tho arrival of now corn, and most severe iu common grades. Auvout 5),00u acros wero planted jn 1875 against 93,439 acres in 1874; but the yield per acro was amallor, and tho crop in quantity was not above n fair ayer age, and In quality inferior, bemg deflciont in the higher grados of hurl. MUCH OF THE BEED PLANTED failed to germinate, oapocially in the now lands of tho West; and fully ons-half tho crop tn Obio was dostroyed by flooda, Tho Central Il- lnois crop was aleo badly injured. In Kanaas nod Nebraska thore was a large incroago in tho production, especially in the former Stato, which Larveatod a latgor and batter crop thao over before, ‘the broom-corn yoar proper, commencing In Septomber, opened with 2,000 tons of old corn on band, against 6,000 tons at the same timo in 1874, and with maoufacturora out of supplies. ‘The fall trate in new coin was immanga; still Manufacturers, a8. tulo, bought only for imms- ; diate wants, and prices coustaatly doclinod un- dor enormous cousiguments, chicfy from tho now districts west of tho Mrasiesipnt. New corn oponed at $110,09@170,00, and closad at #60,00@10.00 por ton ; choice ofd hurt at $200.00, ‘Tho iccal manufacture of brooms haa in- ereasod about one-third the past yaar, and the inoreane throughout the Wost ia probably in fixe proportion, —-—. Wook, THE WOOL TRADE of the past season has been dull and partially unsatiafactory’ L'rices wore lower thao since 1860. Tho fashlonablo fabrics of tho acason wero mannfactured principally of coaras and modium wool, tho demand for which has kept well up to thosupply, while fiuo floeces havo becn almost neglected, though within tho past three months there bas boow a slight reaction in their favor, ‘Tho season closes with oa moderato stock left over in tho banda of doalers aud raisors. Now vwoola start- ed high in the couutry, and Eastern manufac. turer, unwilling to pay tho prices asked, bought moro of tho Pacific Slope wools. Dur- jug tho first four months of 1875 thoro waa ap active Weatorn domand for wool at high prices, and tho stock in this market was oxtiausted bo- foro tho timo for the new clip. Ovo firm iu this city actually imported 60,000 Iba from Bos- ton to supply Westorn manufaoturors, This is bollevod to Lo the irut time in the bietory of the trade that wool bas beou brought hore from the Atlautio States, PRICES FOR MEDIUM AND DELAINE woola average about the same as in 1874. ‘Tno Weatorn clip was perhaps a littlo emalier, and in eomo localities inferior in quality; tho staple, owing to temporary scarcity of feod, be- ing weakin places. Howover, thoro was loan shrinkago, the clip being comparatively froo of dirt and olf. Pricos for sew unwaabed medium range from S2@Sie, and fordo woshod from 48@ifc, Unwashed fino sold at 23@300, and washed do from 40@42c, Combing staplas were G@Eo higher. ‘The pubtiehed statement of the recoipts and sbipmenta includes the bulk of the clip of tho Far West, witch ta now received and trans- shipped here. ‘Tho clip of tho Pacifla Slope ia increasing in magnitude, aud improving in qual- uty annually. Tho native Moxican sheep have been greatly improved in late yoars by tho intro- duction of fuer broeds, oud moro attention is pald to aecuring tho clip in proper condition for toarket, thus onabling it to compata with that of tho older States. Tho production of wonl in this country may be sald to be traveling weatward, a BAY. HAY WAS SCARCE during the first part of tho year, and brought high prices, ‘nw crop of 1874 waa whort, and owing to tho Inte spring a largo domand sprung np, which about exbousted the crop before tha now baryeat. Tho now crop was large, but badly damaged by the incorsant showers during the cutting and curing season, and hundroda of tons wore loft lo the flelds, Prices wore lower than in 1874, and. although old hay sold gonorally at a Profit, tho handling of vow bay has not beon very remunerative. The neighboring farmors aupplied the city during the fall and carly winter, snd sbuodant crops olsowhere cut off the domand for shipment, except tho lumber districts of Wostern Michigan, which took a largor quantity thon ip recent wearons, In tho spring tmothy gold at $18,00@41,00, and upland pratrio at #16,00@18,00 per ton. Now thnothy has ranged froin 311,00@17.00 and uew prairie from $7.00@ 12.00 por ton, Thoro prices ara $2.00@4,00 per ton lower than thouo in tho fall of "74, ——— HOPS. ‘THE HOP CNOP OF THE UNITED ATATES was larger than in any year slnce 1868, and fair in quatity. Tho East, West, and California had Bn abundant Larvoat, and overybody has boen ata loss how to dispose of it, Europo had an ample yield, though in England tho crop was abort in choice bops, which have beon oxported thither from this country, and this export do- mand has been tho main stay of our market for gome months past; though itis at a low eLb now, the English deficiency having beon at least temporarily provided for. Only the choleest hops were wanted to sond abroad, and they, bo- ing in comparatively light supply at home, have ruled tolerably ateady, Poor hops bave been almost ungalablo, The browors genorally sup. plied themaclves for the season, and the do- tcetio trade recontly baa bean of the hand-to- mouth order, Old hops sold in January at 40c, declining to 18@200 in tho snoumor, ‘tho mar- ket for now opened at 20/@25e, und quickly foll undor heavy otfermga to 10@1ic, and sone cou- tracts wore mado al iower hguros, Prices have Bot boon wo low for saveral years, aud 9 conaid- orable decreaso in tho acreage dovoted to hop- Faiung ia expected thin coming scason. —— RIDES, ‘TUE WIDE TRADE 1A INCREASED 15@20 per cent, but the yoar has not been profitable, Competition botwoen exporters and domestic buyers bas kept pricey so bigh that there was little or no profit in hand{ing tho stock, The continued deprosvion of tho tcathor interest haa lod Eautern tannors to buy only for fromediate wants, and light hides especially, whioh conatitute the bul of the receipts hero, have ruled dull, Heavy bidos mot with a large demand from thesole-leather tanvers, and Toxaa and Cheroteo stock brought remarkably Ligh Prices, Tho EXPONTATIONS TO ROROPE from this market exceed thore of any provious Your, aud tha West apposra to bo taking the lead In thts regard, ineterd of the East, sw horetofoic. Buperior stook has usually been bought to oxport. Prices were lower tian in the precediug yqur, tho average price paid for cured atock boing about &3¢c. Late in tho markat broke again, and closos weak, the deoline abroad aod udyance of freighty to nearly double provious rates having cut olf tho demaud for export, —— SALT. CHICAGO Uas DIBTRIBUTEZD ‘®@ greater quautity of salt than in the preceding yeur, but at remarkably low prices, which have not been paralleled wince the War, ‘Ite season ‘waa not rewunerative to manufacturvra. Lu- teased production doubtless contributed to bring about the decline, thoogh the principal reason is said to havo been a porsistent conlon~ tion hotweon o few partios at Saginaw, which lng kept that markot!n a soml-domoralized condition during tho aoason of navigation, Water froights also wore s shado fowor than Iaat season. Fina salt closos 230 por bri lowor than in 1874. In January fino sold at $1.65, iu July at 91.40, in August at 91,60, and in tho fall at 81.35 por bri, Cosrso nold at $2.00 during tho firat six montha, and at $1.70 during tho Inst siz, Dairy sold at 82.76, aud Ashton at €4,00@4.25, THE RECEIYTS of Saginaw nalt were sbout 890,000 bris; of Byracac, 425,000 bris of all grades; and of Uanndian, 142,090 bris, Also 4,u41 bags, prabe ably European salt, via Canada, The recoipts of foreign wore smaller than in 1974, The act~ nal receipte of sate for tho yoar 1876 wote prova- bly not far from 1,000,000 bris, Moat of tho Now York salt wag received in bulk and barreled hera, the Onondaga agenoy hav- ing enlarged’ ita fnelition in the apring tor thia purpose, The change wae necersary, as f¢ onaviod tho dealers to fay tue salt dove lore at a slightly reduced cout atid to pack it in frosh barrels, Which bavo receutly bucome an important consideration mith country buyers in aolocting thoir stock. Tho following table shows tho production of Michigan sinco the ostabliehment of tho em of inspection VEGETABLES, ‘THE CROP OF VEGETABLES tho past yoor was one of the largost ever known, the soaaon having boon peculiarly favorable to the rapid growth of vines. Tho {armors In tho country coutiguoua to tho city have very nearly supplied tho local trada with potatoes and grean atulr of oll kinds at such low pricos as to exclude countey sbiopers from tho market; aud, oo consequence, thia branok of tha stract coumlsaion business suffered savoroly. ‘ho crop of potatoes waa oxcossive, and of splendid quality, Theo failura of two auccassive crops, and cousequent large profit in the vogotable, stimu- lated planting, and there wore ua drawbucks to its dovetopment in the way of droughts or inaeot. ravages.. Tho old crop was gold out on a do- clining market, the supply in the spring being larger than was calculated on, aud tho rall ro- coipta of tho paut fall wore fur botow tho average, tho noighLoring FAUMERS HAVING SUPPLIED THE CITY ft ench low prices as te kaep outside shippers out of tho market, Choice peachblows have beau received in moderate quantities, and tho stock earricd hera ia belloved to bo adequate, notwith- standing the fact that tho demand has greatly incroased, Recontly the roceipts havo almost cossed. Only chojco varictley aro falable. Vronably a largo portion of tho Westoro crop will Le tod or turown aay. In komo parts of the Eust thore waaaehort ylold. bat the deficiency cau probably bo supplied without calhng on tho Wost. Duriog tho full peachblozs sold in cars at 25@Y5c, and Early Roso have been dollverad by farmers in ‘alinost any part of the city ut 15@25o por bu. ‘Tho famoua potuto-bug emigrated to the Laat, nnd attempted vainly to crosa the Atlanzic. ‘Tho Eutopoan Governments wero so afraid the econ would not prove a barrior to hie progress that thoy issued orders vrobiditing the imvortation of Amorican potatoos, and have placed in quar- autine voavele in which bo was likely to ombari, ‘Uneso precautions probably provonted the po- tato-bug fram making bis intended European tour. Hesummorolon tho Now Jorrey const, having takeo nearly ton years to travol acrogs tho continent. —_—-—. POULTRY AND GAME. THE SALES OF POULTRY and game in thia marker last yoar probably ex- coeded $2,500,000, It ts estimated that noarly half tho poultry recoived was forwarded to the Enstorn markots, Boston, Now York, Philadol- phia, and Baltimore botug among tho largoat alitpping polots, and the romaindor was taken by the city. One firm horo sendy East over $100,- 000 worth qunoually, Poaltry has rocently boen shipped to Salt Lake, (may bo tofeed Brig- ham’s wives), and probably will soon bo oxported to Europe, and if tho experiment should provo remunorative large shipmonts thither aro likoly ta follow. It iso matter of ro- gret that more attontion fa not givon to tho pre- paring of poultry for this market. If tho ro- coipta woro proporly fattened, drossed, and packed, Chicago would soon become ss famouss market for poultry ay it ia now for hogs, East- arn shippers would buy here instend of in tho interior, 88 they sro now compelled to do to a large oxtont, and the {increased compotition would enable gellora to obtain bettor priges than. uow, and it would probably not be necessary for the Health Oficor to condema hundreds of dozena which wero never fit ta sond to markot, Chicago is probably the LARGEST DISTRINUTING POINT for gamein tho United States. About twenty varicties aro received from the Northwoatern ‘States aud tho groat plalow, and sont to the East, South, California, Cauada, England, and Ger- many. Tho annual sates aro estimated st 360.000 To $700,000, Tho most importaut varictica roceived aro prai- rie chiozeus, venison, quail, aud ducks, the two formor being chiefly oxported, uaually io Jaouny and Fobruary, ‘Tho trade mi chickens probably forms one-third of tho outire busiuews, and tbo reovipts ara iucipally froin Iows, Kansas, No- brasia, aud Ilnois. Prairio rouge have gener. ally sold at $3,U0@3.50 per dozen, touching lowor price inst winter, and $6.25—-an extraordi- nary fignro-—this past Decombor. Tho reccipty of chickons have been unustally light this win- tor, oning to the mitd weather, which hae pro- vented succasuful huutlog, and thor. numbers wore greatly decimated tho provious yoar in Kansas and Nebraska, whore many pooplo wore driven to hunting for saubslatonce, lo tho Weut, prairte-chickons aro decreasing io num- bers, while patridges aro tncroasing yoarly. THs ILLINOIS GAME LAW, which protects the gamo of tho Stato aftor Jan. 1, ia tabla co a construction that may deprive dealers of thoright to trade in game received from States where tho Iay comes jn Sorco Juter. And, sinco this interpretation was claimed by tho shooting clubs last wintor, uch to the annoy= anco of the legitimate dealors, it Is probable that an effort will bo made to have tho jaw modified and porfected at the coming session of tho Leg- felatnre, Itiscestainly for tho interoat of all Parties that tho gamo of the Weat should bo rig- grously protected. . —— THE PRODUCE EXCHANGE. ADJOURNED SINE DIL, Tho Produce Exchango, organized in 1874 by tho stroot commission morchanty, did not fullill expectations, and was practically discontinued in tho early autamn of 1875, though the mombors still insintain tho organization aa @ meann to promote thoiy general iutercats, Tho valuablo dally statistics furuished by the Exchange woro subsoquontly collectod and published by the Daily Commercial Report. Avido from tho fact that it was found impoasiblo to partially rovolu- tlonlze the ayatem of doing the business, tho trade was badly acaltorod in the spring, many firma haying been driven to week new quar. tora where moro reasonablo rents could be ob- tainod than (bose demanded by the South Wator street landlords, and, s@ a consequence, tho doalera soon loat interest in tho movement to build up au Exchange. The attompt to estab- lish new trade centres was not altogether auc. couvful, aud itis pot unlikely that many bousee will return to South Wator, or locate iu ite viclu- ity on Market stroat, inthe spring. Tho follow- ing are the Sgurea nat given above: STORET PRODUCE, Ttooelved, 9,491 898 Peart Bhipped. 6,181,411 Poultry, Ibs. Poultry, cov] Game, pha Eyay, pkus f Gueeao, bas Green appl 416,190 Hay, tons, ‘su VALUE OF NECEIPTS. ‘Tho eelling vatuc of the receipta of 1875 waa approximately ay followas Balt and potatoss Poultry, game, exge, apples, beans, be; ops B ‘Lhe values of the rocelpts of tea, cotton, to acco, lumber, and fish, are nob incladed in the above tables, as tl.oy are incorporated In tho fole lowing statistics of wholosalo trade. —-—_— P WILOLESALE TRADE, oun ‘Tho goneral courso of bitsiness with our whol talo merchants bas Loon satisfactory on the at wholo, though ithas suffered somowhat from a tho fosaening in the volume of produce handled ‘ iu thocity, Tboro lias bean mucts loss of con , plaing than waa beard in 1874, business belog = more uniform; but profits lave boon shavod even more closely than In that yoar, which, with reduced prices, nocossitate’ she handling ofa =. t rauch largor bulk of goods to make tho mame > ogeregate profit as heretdfore, Thoro has, 7 howevor, boon somo reduction in rents and ‘ other expangos, which have enabled our more chants to hold well thoir own'at homo, while competing more vigorously thao ever bofore with the merchanta of othor citios for the trade ri of tho Ureat Wost, Severo railroad discelmina- tions against our city and other disadvantages 4, hava only stimulated to groator effort, and in- ducad oxtra economy in the handling of goods, which has enabled our dealora to make roasons- Dis profita on emallor marging than wore over known beforoin thiscity, and ara aeomed im. posaiblo olsawhora. —- GROCERIES. ‘THE nualiess OF Tite PAST YEAR shows an iticreaso of 15@20 per cont ovor that of 1874 m tho volume of goods handled, and au 2 Increaes of about 7 percent fn tho monoy ro- coivod thorefor; tho difference boing due to an almost general shrinkage in prices. The snioa foot up a tatal of about $75,000.000 against 670,000,000 in 1874, and @C0,009.000 in 1873, the latter bolug nearly tho same us in 1872, The capital now engaged in the business fs ostimatod at about $8,000,000, having increased slightly during tho yoar by the addition of profite in buale ness to the current atocks. There bas boen na increase ju tho number of jobbers and no failures, the Jass-pamed fact spesking volumes for the atability of our trade, as failures hava been numeroun among tho wholosale grocery firme at the East. Wo note no changes in the business eave chose incidont toa vativfactory ox- pansion fn the volumo of trausactions by houses wready in the trade, They havo reachod ous into now territory, as woll ng dealt moro largely with that previously occupied. ‘Tho yoar 1875 how been only fairly profitable to the grocery trade, owing to tho close ‘margin on which goods bave been sold, and the decline of pricca on stocks in haud., The market was gone rally stoady, but considerable caro was necoa- sary to avold serious loss by shrinkage of pricet on goods between the timca thoy wero bought aud dolivored hero, Tho greatest wbrinkage haa occaried on teas, eirups, and molassea. Collec- tions in the country wero genorally roportod good; thoy wore novor botter than rocen:ly. Direct importations by Chicago morchante show a continual increaso, THE TEA TRADE bag been large, but unsatisfactory to all engagod init, Thora waaa general oxpectation that the “froo breakfast-table” of tho Protectionists would be nbolished carly in tho yoar, and doalora wero Induced to utook up boavily at the relatively high pricos of syosr ago, Tho spticipated tax was not imposed, and the consouenco was that largo stocks wero vowing on the marltet at a an vere losstothe holders. Pricesdocliued to a lower oint than bad been known since the War of the fabellion. The direct importations of toa into Ciucago show an increase of about 20 per cout ovor former yoars vluce tho Paciflo Railroad opened uo the overland ayonue of tha trafic in 1802. Tho dulinoya of trade in the East hat tended {o conceutrate the tea bueinoas hore, and imako thia city tho distributing point for the aupply of o larga part of tho continent. This ie’ espociaily the cago with Japan toas, which nro rapidly growing in public favor, and now coustitute fu'ly ono-half of all tho teas sold : hero, wheroau they wore ecarcoly kvown in this market a fow yoars ago, ‘I'hey sro choaper, snd givo better éatisfaction than the teas from Chins. Tho avorage timo betwaon Yokohama and Chicago, via Ban Frenclsco, is about thirty daye, though the distanco bas beon covered b: consignments im twonty-sevon days, * 18 60 grent o waving of timo aud . capital, to gay nothing of tho dotorioration e dn quality which is caugod by a four ta five monthy voyage around tho Capo, with tha ¥ double running of tho gauntlet through the T tropics, that tho merchants of tho Atlantic se: board wow profer to racelve their teas by tl overland route, through Chicago. Of course they cannot carry tho goods 1,000 miles past our doors, avd sond them back agnin to compote ee with those brought horo direct, aod have practically ceased to ehow samples hera, finding that thoy cannot compete with Chicago jobbers oxcopt at a lose, Tho jobbing sales of this city in 1876 wera about 110,000 packages, against 100,000 in 1874, q Of thia from 25,000 to 80,000 packages woro im- ported diroct, the majority of tho kages an boing half cheste. We noto that a rathor larga ss line of Japan teas was sold by a Chicago firm tb a Now York house, Prices ruted about 100 per tbhlewer. Groons % averaged G60@65c, and Jnpans 55@60c por lb. ; ‘Tho decline bos checked importation of lato, and tha markct closes with a firm foeiing in cous hoguence, ricea both for staple and sido foods have shown moro steadiness than during 1874, COP¥EES did not tonch 268 high a point, but take the year through they show s highor avorago, ‘Lhe market in in the hanas of a powerful © riog" in New York, aua is manipulated aa boat suits their interests, Asa resuit, tho market {a kept io an unsottled and fovarish stato, ‘Tho total impor- tations of Brazil coffeo into the United Btates wore, in 1874, 1,469,676 baza; in 1873, 1,816,993 baga 5 1 1873, 1,184,407 bage; in 1871, 1,591,790 y+ 5 baga; and in 1870, 1,986,893 baga. In 1803, ows Yg iug to the War, ouly $37,400 bags woro imported. r ‘The importations during 1875 ate bohaved to , have been a littlo larger than for the previous ‘07! yoar. The consumption of mole wuGans wag materially losa than in 1874, owing to thas, failure of tho fruit crop, and the consequorst. diminution {n the domand for csoning and pres {7 ~ uorving purposes. As tho production was larg: SALL prices, notwithstanding the additional tax, lay ; ruled low, tho average boing somothing like BN * ® ! 1¢ cent lesa tian for tho previous sengon, Fo Telluors it waa an unprofitablo yoar, and sovera’ fullures as tho East and South wera announced dhe but Iatcorly the tone of the market has nucle improved, and the your closes ona iirm ond —, healthy trado. In elrups aud mola+sca there baw been & shrinkage of 5@9o per gallon, but the chosp rates have witnessod a largoly-incroasod constimption, The rica market has proserved a remarkably steady tono ebroughont tho season, the fluctuations ecarcoly oxcoeding a £0 por bar- i rel, During the past two oj threo seasons thoro( iy has boon a steady docreaso in the consumption, or % BrICES, and the trade during 1875 was most unsatiefac tory, both to tho importer aud jobbor. Pappetoots, | oponed at 21@all¢c, gold, in Now Yorl, de+ MM clined ta 170 11 July, and cloaed at 14340, which tbe « fu the lowost figure renched wince before tho War, a4 Last soaiou’s crop was the laigost over bare | i: vested, and with @ large surplus, both In thio 7 country and in Europa, the prospocta for tha Bonwon of 1870 a10 not very chosring. Nutmeg? ts opened at $1.08@01,10 ty gold. aud have graduai+ % worked downward, clasing at U8c@31.00, @ ‘horo ia amplo «took anda quict trade, consé- quently tho outlook is uot very oncouraging to holders, Qloyos have not done as woll as, from tho atatistical position of the market at tho boe ginning of the:yoar, holders were justified in a~ licipating. There was an undoubted dolicioncy in the crop,—euilmated at 8,000 bates,—sud thoro wero somo who prodicsted ay advauco to per , bot tho consumption roved much lighter than usual, and Jo Roll in New York was tho highest ficure reached. ‘Tho total stock is oxtimated at 60,000 bates, Causia ruled weak aud unsettled throughout the year, in oonsaqueuce of the large stocks of old and inferior goods that trom tims tomo were put upon tho market at auction. Allepice waa * abortcrop, and bigh prices prevail for the time being, but there is uot much oom fidence in the stability of tho market ee CANNED GoobDs. TO JODDRUS OF CANNED GooDs tho past year was not entirely satisfactory, elsher as regarda the amount of business ao compllsbad or the profits realized. Ah was tho case during 1874, 0 has it boon during the yeat just closod—the demand was of tho band-to- mouth order, Auy price-coucossiong thal might be offered failed to induce buyort to {nyeat beyond auch quantities as were deomod eascntial for the prosooution of currant trade; honce the great bulk of the stook, instead of passing into the hands of distributors, as io former seasons, had ta be carricd by the mand: footuser or the city wholesslo dealer. Of ve) tables, a larger quantity was canned then in sof previous season, all descriptions having been ven Abunden} aod cheap) bul the canning of pel

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