The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1872-04-26
COMMERCIdL.
NEW YORK MARKET.
New YORK, April %, 1872.

NEW I DIN, Apfh Aoi 1919
The financial condition is very peculiar one.
Gold and currency have both shown extraordin-
airy fluctuations within week. Gold to-day
touched 11l3{, and the suspicion is felt that a
flock up" or "corner" or some other trick is
at the bottom OF this state Of things, rather
than new war between France and Germany.
Currency within a few days has loaned as low
as per cent per annum, on call. Less than
10 days ago 100 per cent interest was paid on
business paper. So We 80, and there appears
TO be no one who can suggest a remedy for the
irregularities, damaging as they are to tine COM
mercial interests OF the country Wool which
declined 384c last week, is strengthening, and
the bottom is not going out Of the market by
any means. Possibly some western growers
have sold the wool on their sleeps backs lit 10
cheaper because OF the late decline IL so, they
may regret their haste before next September
The live stock market is trihe weak cattle,
best, 13gl4c; sheep. &c lower range 7@11c !;
hogs, so for heavy 6{ for medium and 6%
for light. The dry goods market lacks vigor.-
Prices are sustained through agents and job
bers are threatening to "cut." Breadstuffs
are buoyant flour, bee. grades. firm and tend
ing upward. Mich. white wheat, s2@2.05 for
fine samples demand strongly speculative
Corn advanced to Ac oats firm at 55c. Mess
pork, $3.50; kettle lard, 9J4c. Cheese 16@ 1sc.
DETROIT MARKET.
DETROIT, April "a, 1872.
Unless in breaistuirs there have been few
fluctuations in our markets for week. The
most remarkable event from a commercial
standpoint is the low price to which sugar has
fallen. 1t has not been so low since before the
war and ii is doubtful If terms 80 favorable to
buyers remain open many days. standard
coffee is offering AT l15s and it may be that
close buyers have got 1t for llsl. This morn
ing's dispatch from New York announces q
firm market. The cause OF the low prices ID
the free arrival OF the East India crop, as usua
before warm weather sets IN, and the efforts OF
Eastern refiners to depress the market so tina
they may stock up largely before the arrivals &C
INTO warehouse. Coffee is 1la2c lower on al
but prime Rio. BASINS are solo per cent
lower, but currants trIfe higher. Som,
brands OF soap are &c lower. Saleratus, Sa
Soda and other products Of ashes are &c pc
ID higher. Hardware is about the same as las
week. TIN, 16.50C919.50: iOd nails $50. TIL
market s firm and active.
Flour is about SOC per Dbl higher than
W eek ago, on the best grades Of white. Lo,
| grades are dull, Spring is unchanged-bes
Minnesota 7.75. Pastry white is reported a
S.75@S.S5-The stock is light and holders ar
not anxious to sell. Wheat has steadily ad
vanced all the week. but Judging from tn
sickness which afflicted the market to-day, an
a decline OF about lc which followed, the bull
have been too fast II would be unsafe to pre-
dict, however, for the is no reason for presen
prices. and no telling what bold Speculation
with abundance OF funds. and q short stock t
manipulate can do. Bets have been offere
that No. white will go to 200 before harvest
Closing rates Extra, 1888; No. white, LA
Treadwell, l.73; Amber. 1.7O1I. Corn, SIC,
decline Of &c since yesterday. Oats are YER
unpromising. Holders offer No. at Ale; n
bids. A car OF rye sold TO-DAY at Soc. Gree
apples dull ct S.5094.O0 per Dbl; dried firm q
lie per Id. Butter quiet at 24C925. Eggs q
tive at l31s@l4. Spectators offer - for w
limited quantities. Beans 2.40a2.60, outsid
rate for city picked. Maple sugar plenty
l4@l6. Onions duh at 25O per Dbl and BE Is q
2.75a3.00. Potatoes firm At 30 in car load
and 93ta95 in sacks. Mutton tallow, 7lSCt7s.
beef, 7sIMS.