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Table showing the annual receipts and shipments of corn, at Cincinnati, for forty

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The business in oats, at this city, in the past year, has been distinguished by the largest receipts and distribution which have ever occurred in the history of the trade. Prices, too, have been singularly equable, it having seldom occurred when there has been so little fluctuation in price, the difference between the lowest and highest prices, from September to June, inclusive, not having exceeded 5 cents per bushel. Our market was well supplied with oats of good quality, especially the receipts from Iowa. Oats were in good active demand at the prices throughout the year, large quantities having been required for outside points, particularly for the South, to which there were liberal shipments made. The quotation for No. 2 mixed oats, at the opening of the year, was 272@28 cents per bushel, and from this there was little variation for months. During November and December, and early in January, there was a hardening of prices, without any marked advance, the highest price in January having been 314@311⁄2 cents. Subsequently the market was slightly easier, so that by the middle of March oats had declined to 292@2934. Prices advanced somewhat in April, the highest quotation for the year (312@32) having occurred in that month. Afterwards the market was easier, prices declining to 294@291⁄2 before the close of May. Little change occurred, though the market was slightly better in July, until the approach of the new crop, which, in yield and quality, gave such favorable promise that it sensibly affected prices, which declined by the close of July to 26%. There was a little more strength in August, still at no time did the quotation exceed 282@291⁄2, the year having closed at 27@274. The average quotation, at Cincinnati, for the year, for No. 2 mixed oats was 29.28 cents per bushel, in comparison with 30.34 in 1885-86, 32.06 in 1884-85, 33.91 in 1883-84, 39.41 in 1882-83, and 50.14 in 1881-82, the average quotation having been the lowest in eight years, and with the exception of 1860-61, 1877-78, and 1878-79, the lowest in thirty-two, years. At the opening of the year, No. 2 white oats were quotable at 30@30% cents per bushel, the market after a few weeks entering upon a hardening process, which continued until early in December, when this grade of oats was quotable at 32%@33 cents, from which there was very little departure until in July, prices in that month having advanced to 352@36 cents, the highest price of the year. The market, however, thereafter slowly declined to 30@30% by the close of the month, so remaining until reaching, near the close of August, 292@30 cents, the year having closed practically as it began. The average quotation for No. 2 white oats was 32.04 cents per bushel, compared with 33.83 in 1885-86, 34.03 in 1884-85, 36.20 in 1883-84, 42.65 in

1882-83, and 52.30 in 1881-82. The difference between the averages of No. 2 mixed and No. 2 white oats was 2.76 cents, in comparison with 3.49 in 1885-86, 1.97 in 1884-85, 2.29 in 1883-84, and 3.24 in 1882-83. The receipts of oats, in this market, aggregated 5,280,071 bushels, compared with 3,903,953 in 1885-86, 3,633,812 in 1884-85, 1,096,916 ten years ago, 1,246,375 in 1866-67, 534,312 in 1856-57, and 372,127 forty years ago. It must be remembered, however, in making comparisons through long periods, that in the earlier years considerable quantities of oats came in by wagons which do not appear in the published figures. The shipments aggregated 3,459,756 bushels, in comparison with 2,120,282 in 1885-86, 1,973,831 in 1884-85, and 137,286 in 1876-77. It may be remarked that, prior to the last decade, the distribution, excepting during the abnormal conditions of the war, when enormous shipments were made to supply our armies, was small, the shipments in 1856-57 having been but 70, 116 bushels. The increase in recent years is worthy of note for the reason that it marks a great development in distribution, the outward movement in the past year having been greater than the entire receipts in any year prior to 1884-85, the increase over the average shipments for the preceding decade having been over 1500 per cent. If to the figures as to movement were added the through shipments not embraced therein, it would show the entire inward movement at this city, in 1886-87, to have been 5,848,071 bushels, compared with 4,369,953 in 1885-86, 3,762,387 in 1884-85, 3,317,797 in 1883-84, 2,460,732 in 1882-83, 2,635,389 in 1881-82, 2,310,652 in 1880-81, and 1,623,651 in 1879-80; and the shipments 4,027,756 bushels, in comparison with 2,586,282 in 1885-86, 2, 102,406 in 1884-85, 1,551,112 in 1883-84, 858,294 in 1882-83, 1,037,541 in 1881-82, 738,800 in 1880-81, and 443,537 in 1879-80.

Table showing the highest and lowest prices for No. 2 mixed oats, at Cincinnati, each month, in four years:

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* This price was the result of diminished supplies, growing out of the flood in February, 1884.

30 @301⁄2 27 @272 332@34

2

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34 @34%

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33

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35

242@25

31 @32

362@37

25

2912@302 29 @291

34

Table showing the highest and lowest prices for No. 2 white oats, at Cincinnati, each month, in four years:

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1885-86

Highest. 312@32c 32 @33 33 @34 33 @34

Lowest.
28%
2@29c

28/229
29 (a 30
32 33

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28 @29

33

294c 31

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31

30% @31% 28
291@30 281 2@29
37 @372 33 @33 35 @35% 30 @31
36 @37 35 @35
342@35)
354@35% 34%@35
36 @3613 322@33
34 @34%
37 @38
342@35 422@43
352a36
37 (@38 341
35 412@42 382@39
34
2@33
39 @40 38 @382
38 @38% 35 @35%
35 @35% 28 @28

321

30 @30%2 39 @3912 32 a
2912@30 38

30 @30

39 @40

46 @47

402@41

362
38 @38%
38 82@39

39@40 38 @39 40 @41 37

37 @38

34 @344

372

34

38 @39

28

Table showing the quotation for No. 2 mixed oats, at Cincinnati, on Tuesday of each week, in three years:

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Table showing the quotations for No. 2 white oats, at Cincinnati, on Tuesday of each week, in three years:

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Table showing the highest and lowest prices, per bushel, at Cincinnati, for No. 1 mixed oats, from 1855-56 to 1871-72, inclusive, and for No. 2, from 1872-73 to 1886-87, inclusive, together with the average annual price in the same periods:

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* This price was the result of diminished supplies, growing out of the flood in February, 1884. The highest price of the year, uninfluenced by this cause, was 37@38, in May, 1884.

years:

Table showing the weekly receipts and shipments of oats, at Cincinnati, in two

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Table showing the annual receipts and shipments of oats, at Cincinnati, for forty

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The receipts, local consumption, and distribution of rye, show a falling off during the past year, traceable largely to the diminished demand from distillers. The quality of the grain was very good, the crop having been well matured and harvested. Prices were unusually low, the average having been the least in a period of eight years, and with the exception of 1878-79, the lowest since 1861-62. The year opened with No. 2 rye quotable at 53%@54 cents per bushel, from which there was very little change until in November, when an advance set in which carried prices to 592@60, early in December. The market remained steady thence until the following April, when the price advanced to 65@66, the highest point of the year, this quotation having again occurred both in May and June. A rapid decline occurred in June, which was not arrested until the price touched 46, late in July, the lowest price in twenty-five years, the year having closed with rye quotable at 50@51. The average quotation for No. 2 rye, at Cincinnati, in the past year, was 57.92 cents per bushel, compared with 63.11 in 1885-86, and 63.14 in 1884-85. The receipts aggregated 470,334 bushels, in comparison with 608,026 in 1885-86, and 537,739 in 1884-85; and the shipments 172,436 bushels, in comparison with 247,912 in 1885-86, and 194,250 in 1884-85.

Table showing the highest and lowest prices for No. 2 rye, each month, in four years:

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