The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1873-05-02
COMMERCZAL.
NEW YORK MARKET.
New YORK. April 20, 1873.

New YORK. April 20 1873.
Large quantities OF money were seeking tenn
porary employment at z per cent. with securi-
ties. Commercial paper was negotiated at 1O'
Ce12 per cent per annum. Gold was weak at
1859. Sterling exchange dull at 1OS1<@1O916.
Flour was quiet but held steadily: white wheat
extra, SS 50@10 so; st. Louis do, 80 $780,
~ so. Wheat was heavy and shippers mac
tive. Prices. however. were higher than week
ago-white western being quoted up to 80 so,
and amber at 81 9592 o. Corn firm at 71@-
TIC; oats lower for the day-53@55c for mixed
western. Moss pork, $40. Western lard 91Sc,
on a weak market. Butter was getting plenty:
prime western tab, 34@36c. Eggs, 16@l7c.-
Tallow firm with tight offerings: city, SO; west
ern, SA@S%. Coffee was higher notwith-
standing the decline in gold-Rio, 17@l9; Java
20@211S. Sugar was in the buyers favor-soft
yellow, 9@91S; soft white, 1O@10ss; crushed,
11@11E; powdered, 101s; granulated, 10T (;
prime to choice-Cubs, s1I@SIS; do, Porto
Rico, s@9k. The tea market had \ steady
tone. Layer raisina % so.
DETROIT MARKET.
DETROIT. April. 80, 1878
A decided improvement in money matters
since week ago has given better tone to trade
generally. Collections from the country are
reported ss fair for April, and ID looks "a il the
banks might be glad to sss good borrowers be-
fore long. In the hardware line there are no
changes to mentisn-10d nails still % 25a5 80
on so and 60 day bills respectively. The only
change in groceries Ia the decline Of straight
sugar to Ike and little A to 1lEs. Dry
goods are more active spring fabrics shade
lower; others unchanged. Lard oil has i'd
vsnced-No. to 66, though with lard looking
down there is good deal Of "cutting" by
sellers. Drugs are active and steady in pnce.
Cattle are fraction lower-prime, 1890 to 14O0
ID. steers, s5 5O95 IS; medium and butchers
stock, 81 50@5 25; mich cows s3O@45. Sheep
steady at 5000 IS for wooded, and S5Cd5 rs fol-
sheared. Hogs active at S5@5 IS. Flour has
been moderately active during the week and
full prices have been realized There is at the
moment, however. disposition on the part OF
sellers to make concessions: we quote choice
to fancy white winter at 5000 25. Wheat has
been active, excited, dull and panicky, all with
Az unys. 1no tcCeipbs enoW D udiiy incIoae
but the stock in store some dminution. The
Eastern and foreign markets are not encourag-
ing and few orders are coming forward. The
only material change in values is in the specu-
lative grade (No white) which is 411c lower.
A large business is doing In options, but buy
ers confne themselves to short deliveries SELL
or May sold to-day at 81 Sc. Cash prices were
white extra, 81 90; No. white. 81 S71s; No.
2 Go, 81 7461 49, No. amber, 81 70. Corn,
4719c; oats, Ale for No. State; barley dull at
81 50@1 70. Butter is plenty at 25@26c, and
eggs firm at lac. Honey dull at 25@2Sc. Hides
steady at S@815c. Sheep pets, IL 5O@2 15.-
Onions dull at 81 25 per bu. and sets at 60
Potatoes weak at soc on track and S5c in store
Clover seed "a s5@4 90; timothy SO 9Oa4.-
Maple sugar dull at 12@14c. Tallow firm al
! 719c. Wool lifeless buyers Indifferent anc
prices nominal comblng iO942c unwashed,
25G2sc.