FINANCIAL AND COMMERCIAL.
Reading edition
Office of The Prairie Farmer, Chicago. Jan 22, 1884.
Papers devoted to finance and trade inform us that the number of business failures in 1883 was 9,184 against 8,782 in the hard times of 1877. The fear is, that the worst is not yet come, but this feeling happily is not by any means universal among most far seeing business men.
The transactions at the Chicago banks were a trifle slower than last week. The regular loan market was quotable on Monday at 6@7 per cent.
Eastern exchange was firm at 60c per $1,000.
The stock markets at the East were a little feverish and here the same feeling was noticeable. There are rumors of financial embarrassment in high places, and Mr. Gould himself is said to be a little nervous over the weakness in many of his stocks.
Government securities are as follows:
4's coupon, 1907Q. Apr. 123¼
4's reg., 1907Q. Apr. 123¼
4½'s coupon, 1891Q. Mar. 1141/8
4½'s registered, 1891Q. Mar. 1141/8
3's registeredQ. Mar. 100
GRAIN AND PROVISIONS.
The receipts of flour at this point for the forty-eight hours ending Monday morning were greatly in excess of those for the corresponding week last year. In wheat last year the receipts were 28,007 bushels; this year 50,532. Corn last year 189,661; this year 226,990.
Flour was unchanged, the article not yet feeling the uncertain condition of the wheat market.
Choice to favorite white winters$5 25@5 50
Fair to good brands of white winters4 75@5 00
Good to choice red winters5 25@5 50
Prime to choice springs4 75@5 00
Good to choice export stock, in sacks, extras4 25@4 50
Good to choice export stock, double extras4 50@4 65
Fair to good Minnesota springs4 50@4 75
Choice to fancy Minnesota springs5 25@5 75
Patent springs6 00@6 50
Low grades2 25@3 50
Wheat.—Red winter, No. 3, 92; car lots of spring, No. 2, sold at 88¾c; No. 3, do. 81@84.
Corn.—Moderately active. Car lots No 2, 51@52c; rejected, 43@44; new mixed, 48@50½c.
Oats.—No. 2 in store, closed 32½@32¾.
Rye.—May, in store 57@57½.
Barley.—No. 2, 49 in store; No. 3, f. o. b. 52½c.
Flax.—Closed at $1 52 on track.
Timothy.—$1 31½@1 35 per bushel. Little doing.
Clover.—Quiet at $6 05@6 10 for prime.
Provisions.—Mess pork, February, $14 75@14 78 per bbl; Green hams, 10½c per lb. Short ribs, $7 65 per cwt.
Lard.—February, $8 65.
Lumber.
Lumber unchanged. Quotations for green are as follows:
Short dimension, per M$ 9 50@10 00
Long dimension, per M10 00@11 50
Boards and strips, No. 211 00@13 00
Boards and strips, medium13 00@16 00
Boards and strips, No. 1 choice16 00@20 00
Shingles, standard2 10@ 2 20
Shingles, choice2 25@ 2 30
Shingles, extra2 40@ 2 60
Lath1 65@ 1 70
COUNTRY PRODUCE.
Note.—The quotations for the articles named in the following list are generally for commission lots of goods and from first hands. While our prices are based as near as may be on the landing or wholesale rates, allowance must be made for selections and the sorting up for store distribution.
Bran.—Quoted at $15@12 25 per ton;
Beans.—Hand picked mediums $2 00@2 10. Hand picked navies, $2 15@2 20.
Butter.—Dull and without change. Choice to extra creamery, 33@36c per lb.; fair to good do 25@32c; fair to choice dairy, 23@28c; common to choice packing stock fresh and sweet, 18@22c; ladle packed 10@13c; fresh made, streaked butter, 9@11c.
Broom-corn.—Good to choice hurl 6½@7½c per lb; green self-working 5@6c; red-tipped and pale do 4@5c; inside and covers 3@4c; common short corn 2½@3½c; crooked, and damaged, 2@4c, according to quality.
Cheese.—Choice full-cream cheddars 13@13½c per lb; medium quality do 9@10c; good to prime full cream flats 13@13¾c; skimmed cheddars 9@10c; good skimmed flats 7@9c; hard-skimmed and common stock 3@4c.
Eggs.—In a small way the best brands are quotable at 27@28c per dozen; 20@23c for good ice house stock; 15@18c per pickled.
Hay.—No 1 timothy $9@9 50 per ton; No 2 do $8 00@8 50; mixed do $7@8; upland prairie $8 00@10 75; No 1 prairie $6@7; No 2 do $4 50@5 50. Small bales sell at 25@50c per ton more than large bales.
Hides and Pelts.—Green-cured light hides 8¼c per lb; do heavy cows 8c; No 2 damaged green-salted hides 6c; green-salted calf 12@12½ cents; green-salted bull 6c; dry-salted hides 11 cents; No. 2 two-thirds price; No. 1 dry flint 14@14½c. Sheep pelts salable at 28@32c for the estimated amount of wash wool on each pelt. All branded and scratched hides are discounted 15 per cent from the price of No. 1.
Hops.—Prime to choice New York State hops 25@26c per lb; Pacific coast of 23@26c: fair to good Wisconsin 15@20c.
Poultry.—Prices for good to choice dry picked and unfrozen lots are: Turkeys 13@14c per lb; chickens 9@10c; ducks 12@13c; geese 9@11c. Thin, undesirable, and frozen stock 2@3c per lb less than these figures; live offerings nominal.
Potatoes.—Good to choice 30@33c per bu. on track; common to fair 30@35c. Illinois sweet potatoes range at $3 50@4 per bbl for yellow.
Tallow and Grease.—No 1 country tallow 7@7¼c per lb; No 2 do 6¼@6½c. Prime white grease 6@6½c; yellow 5¼@5¾c; brown 4½@5.
Vegetables.—Cabbage, $8@12 per 100; celery, 25@35c per doz bunches; onions, $1 00@1 25 per bbl for yellow, and $1 for red; turnips, $1 35@1 50 per bbl for rutabagas, and $1 00 for white flat.
Wool.—from store range as follows for bright wools from Wisconsin, Illinois, Michigan, Indiana, and Eastern Iowa—dark Western lots generally ranging at 1@2c per lb. less.
Coarse and dingy tub25@30
Good medium tub31@34
Unwashed bucks' fleeces14@15
Fine unwashed heavy fleeces18@22
Fine light unwashed heavy fleeces22@23
Coarse unwashed fleeces21@22
Low medium unwashed fleeces24@25
Fine medium unwashed fleeces26@27
Fine washed fleeces32@33
Coarse washed fleeces26@28
Low medium washed fleeces30@32
Fine medium washed fleeces34@35
Colorado and Territory wools range as follows:
Lowest grades14@16
Low medium18@22
Medium22@26
Fine16@24
Wools from New Mexico:
Lowest grades14@16
Part improved16@17
Best Improved19@23
Burry from 2c to 10c off; black 2c to 5c off.
LIVE STOCK MARKETS.
The total receipts and shipments for last week were as follows:
Received.Shipped.
Cattle42,11018,986
Calves527346
Hogs140,81434,161
Sheep24,60011,815
Cattle.—Very few choice lots are coming in. Receipts have fallen off some 3,000 head. Of those that arrive the "unripe" predominate. Some of our feeders are undoubtedly inclined to market too young. Some cattle by experienced breeders and feeders may be "ripened" at two years, but in the majority of cases, especially with anything else than high grade short-horns, this can not be done. There is more money in holding common stock a few months longer. The feeling on Monday was very firm, and prices advanced considerably. Good heavy cattle brought as high as $6 65, though the majority sold at less. Six steers averaging 1,523 lbs brought $7. Cattle for shippers and canners went at $4 65@5; bulls $2 50@4; cows $2 25@4 75; stockers and feeders scarce at $3 40@4 45 with some of the latter at $4 50@5.
Hogs.—The hogs now arriving are light and the number is not large. Since November 1st, Chicago packers have put up 325,000 less hogs than for the corresponding period last year, and the total packing of the country has fallen off 285,000 head. Our packing houses are now running to about one half their capacity. Prices are firm. Common to fair stock $5 25@5 75; good to choice heavy $5 80@6 30; skips and culls $4 25@5 15.
Note.—All sales of hogs are made subject to a shrinkage of 40 lbs for piggy sows and 80 lbs for stags. Dead hogs sell for 1½c per lb for weights of 200 and over and [Transcriber's Note: blank in original] for weights of less than 100 lbs.
Sheep.—Arrivals are large. Several carloads from Texas came in on Monday. Common to good $3 30@4 87½; fancy head $5 75.
COMMISSION MERCHANTS.
J.H. WHITE & CO., PRODUCE COMMISSION
106 S. Water St., Chicago.
Refers to this paper.
MISCELLANEOUS.
YOUR NAME printed on 50 Cards ALL NEW designs of Gold Floral. Remembrances, Sentiment, Hand Floral, etc., with Love, Friendship, and Holiday Mottoes, 10c. 7 pks. and this elegant Ring, 50c., 15 pks. & Ring, $1.
12 NEW "CONCEALED NAME" Cards (name concealed with hand holding flowers with mottoes) 20c. 7 pks. and this Ring for $1. Agents' sample book and full outfit, 25c. Over 200 new Cards added this season. Blank Cards at wholesale prices.
NORTHFORD CARD CO. Northford, Conn.
First-Class Plants OF BEST VARIETIES OF SMALL FRUITS.
Catalogues free. Address
O. B. GALUSHA, Peoria, Ill.
Print Your Own Cards
Labels, Envelopes, etc. with our $3 Printing Press. Larger sizes for circulars, etc., $8 to $75. For pleasure, money making, young or old. Everything easy, printed instructions. Send 2 stamps for Catalogue of Presses, Type, Cards, etc., to the factory.
KELSEY & CO., Meriden, Conn.
FOR SALE.
Pure bred Bronze Turkeys and Pekin Ducks. Also eggs in Season.
MRS. J. F. FULTON, Petersburg. Ills.
$1000 Every 100 Days
Positively sure to Agents everywhere selling our New SILVER MOULD WHITE WIRE CLOTHES-LINE. Warranted. Pleases at sight. Cheap. Sells readily at every house. Agents clearing $10 per day. Farmers make $900 to $1200 during Winter. Handsome samples free.
Address, GIRARD WIRE MILLS, Philadelphia, Pa.
AGENTS WANTED, Male and Female, for Spence's Blue Book, a most fascinating and salable novelty. Every family needs from one to a dozen. Immense profits and exclusive territory. Sample mailed for 25 cts in postage stamps. Address J.H. CLARSON, P.O. Box 2296, Philadelphia, Pa.
For Sale and Exchange. ☞ Write for free REAL ESTATE JOURNAL.
R.B. CHAFFIN & CO., Richmond, Virginia.
MARLBORO RED RASPBERRY Send to the originators for history and terms. A. S. Caywood & Son, Marlboro, N. Y.
CARDS 40 Satin Finish Cards, New Imported designs, name on and Present Free for 10c. Cut this out. CLINTON BROS. & Co., Clintonville, Ct.
PIG EXTRICATOR
To aid animals in giving birth. Send for free circular to Wm. Dulin, Avoca, Pottawattamie Co., Ia.
EDUCATIONAL.
MT. CARROLL SEMINARY And Musical Conservatory, Carroll Co., Ill.,
Never had an agent to beg funds or pupils. The Pecuniary Aid System is original, and helps many worthy girls, without means, to an education. "Oreads" free.
SPECIAL OFFER.
$67 FOR $18!
A Superb New Family
Sewing Machine!
Combining all the most recent improvements, and now selling for $65, is offered by THE PRAIRIE FARMER PUBLISHING COMPANY to subscribers to THE PRAIRIE FARMER
FOR $18,
including one year's subscription to the paper.
This exceptional offer will remain open for a few days only.
SEWING SILK.
Corticelli Sewing Silk,
LADIES, TRY IT!
The Best Sewing Silk Made.
Every Spool Warranted.
Full Length, Smooth and Strong.
Ask your storekeeper for Corticelli Silk.
MISCELLANEOUS.
"FACTS ABOUT Arkansas and Texas."
A handsome book, beautifully illustrated, with colored diagrams, giving reliable information as to crops, population, religious denominations, commerce, timber, Railroads, lands, etc., etc.
Sent free to any address on receipt of a 2-cent stamp. Address
H.C. Townsend, Gen. Passenger Agt., St. Louis, Mo.
The Cooley Creamer
Saves in labor its entire cost every season. It will produce enough more money from the milk to
Pay for itself every 90 days
over and above any other method you can employ. Don't buy infringing cans from irresponsible dealers. By decision of the U. S. Court the Cooley is the only Creamer or Milk Can which can be used water sealed or submerged without infringement. Send for circular to
JOHN BOYD, Manufacturer, 199 LAKE ST., CHICAGO, ILL.
Gold Watch Free.
The publishers of the Capitol City Home Guest, the well-known Illustrated Literary and Family Magazine, make the following liberal Offer for the New Year: The person telling us the longest verse in the Bible, before March 1st, will receive a Solid Gold, Lady's Hunting Cased Swiss Watch, worth $50. If there be more than one correct answer, the second will receive an elegant Stem-winding Gentleman's Watch: the third a key-winding English Watch. Each person must send 25 cts. with their answer, for which they will receive three months subscription to the Home Guest, a 50 page Illustrated New Year Book, a Case of 25 articles that the ladies will appreciate, and paper containing names of winners. Address
Pubs. of HOME GUEST, HARTFORD, CONN.
We will send you a watch or a chain BY MAIL OR EXPRESS, C.O.D., to be examined before paying any money and if not satisfactory, returned at our expense. We manufacture all our watches and save you 30 per cent. Catalogue of 250 styles free.
Every Watch Warranted. Address
STANDARD AMERICAN WATCH CO., PITTSBURGH. PA.