The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1872-06-21
COMMERCIAL.
new YORK MARKE !

NEW foRz, June -, 1917
The mo-ey market is easyiat a per ceLt.
Business paper is scarce Good names are taken
a. low az $685., and been known at 7G5
while is regarded as exceptional. Currency
10 too plentv notwithstanding large amounts
have been cent 10 the wool growing sections. =
The markeI Will not be active until greater re-
lief in this respect is experienced. The wants
OF merchants however, are very light, 80 that,
1t may be towards August before MONEY is N
good demand for legitimate purposes.
Cotton rules az 261l q figure which would, in
brisk time, be al unequvocal key note TO
strong goods market. Dry goods merchants
are now taking stock and prices being almost
maigInles.. would about as soon hold on as
sell. WOODEN goods are quiet but trm-hardy
enough dong TO define values. The circum-
stances, however-wool prospects and fan
weather point 10 higher prices.
Breadstufs are sickly. Flour is ursa.eabls
at much less than asking rates, Wheat has had
a little buoyancy on occasional days, because
of tirmnes. il Liverpool, but high ocean
freights. and other causes, render export out
OF the question. The stock in store is increas-
ing a. indeed IS al grain Amber Western
quoted a. i95a2 White Mich. nominal at
2@21O Com. by steamer $685. Oats dull
at 5l@53 Western butter, 1Oal5. Ness pors,
$685.. LAD, 929;s. Sugar raw quiet.
IETROII MARKET
DETROIT, June IL, 1872.
The aa ues- which has characterized the
dry goods trade tor weeks has at last manifest
ticuarly = 6.eached shirtipgs, and brosa
shee,ings re former the reduction Is
pretty genera 81 &C, though in some cases it Is
&c, Sheet:ngs a.e about &c lower a. around
Cottonade- are slightly lower, and paper cam
brics are C lower. Cornei Jeans, len
inns and tess cave also had like revlsions.-
There haze tee2 quite few buyers in the last
three day. bi, altogether the market is quiet
III we mi-;aAe 2o., this is good time 70 buy.
Wool Va les ase still the subjsc. of Disagree
ment. 3Uve.s aaye had their original orders
generally coun,er.nanded, and now refuse 70
exceed 50 r. sc per aeece. Growers, OF course,
can zee 1t. and the market il somewha. para.
iyznd by lie unexpected turn affairs have ia
ksn. They will very likely nave nothing TO
loose by holding or. There is no,actual scar.
city Of WOO. Certain but we're the clip TO
pass into "a hands OF spectators, AN ARTIFICIAL
scarcity would be produced inside Of two
months. Now that the market is on or near
, bottom p.:ces, farmers may well take the
j.. chances. 1: foreign wool Is so very plenty,
what but the spirit OF speculation ls mading al
this buzz about the growers ears! Farmers
sold their WOO AID their wheat last year, only
TO see those articles go up so per cent al
most viS.t away, through artificial scarcity.
Fly holding y 70 :heir produce, they can. Ike
the governor or the engine, do much to regl-
late matters. They will never get more for
their products than they are worth. Besides.
any and every measure that Will help, should
be used t. repress the rulnous and immoral
business Of speculative gambling.
Breads u1s have lad hard time the past
week =, and lower" daily has only half
tod he .ae. flour is quite unsettled--choice
white OF cred AZ 5000. Wheat has declined
16020c-c.osed as follows; Extra, III; No. /
white. -: T-eadvell, 17O Amber, l3s. Corn
is &c love-. dlli at 80. Oats are dull al 25 90.
Butter i plenty, and dull at l5016: the stock
ia genera poor-badly made or badly mixed
Eggs steady AZ Is. Potatoes @65, outside
rate for Zach blows, car loads OF the latter
have sold az .ow a. %. Mess pork I3al925,
cityihams az. : coffee sugar 12${ai3