The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1873-11-21
COMMERCLAL.
NEW YORK MARKET.

NEW YORK MARKET.
New YoRK, Nov. IS. 1873.
Call loans upon prime securities were negoti
ated Mt per cent, with market tending to ease.
Commercial paper was steady at 1908 per
cent. Gold closed at 1899 the high figure
ruling attributed more to falling of in the
revenue than to the prospect OF rupture with
Spain Sterling exchange quiet at 1865 for GO
days. and 1854 for sight. Stocks. which had
been ruling firm for some days, closed weak all
round. Only or business failures had taken
place during the week, but in no case was it
from want OF ampe assets. Breadstuffs had
passed through more cheerful week than
since the panic started. Shipping grades Of
-four were 1O@20c higher family or best winter
grades were moderately active all grades were
offered sparingly: superfine Mich, s 1906 IS
good to choice white wheat extras, 1907 rs.
Wheat also had developed new strength closed
with good demand and only moderate supply:
anb, v stern. I 53@1 55; white do, 1 50@-
1 " Corn, 67@6715. Oats active and firm at
52t@53. Mess pork was more active, like all
meats, since the Cuban difficulty appeared -
cash, s14 as; Dec, IA 10. Lard steady: for
steam, 7A asked. Butter, even the best. was
unsettled and weak: Mich. factory, 2S@29c -
fair to good tub and firkin, 24@27. Western
eggs advanced to 27@2Sc for fresh; lined, a.
@22. Coffee dull Rio, 1902, gold; Java,
261S@2S14. Sugar firm: soft white refined,
916@10; fair to choice Porto Rico, 711@81S.-
Wool business much better Mich fleece, 431l-
a45.
DETROIT MARKET.
DETROIT, Nov. 10, 1878.
Although upper lake navigation has closed
there is very far demand for all kinds OF
merchandise. Dry goods and hardware are
relatively quiet, but excepting little trouble
in making collections few complaints are heard
Lake Huron lumbermen and merchants are
buying all the winter stock they can, and when
they get through som othing else-the disap-
pearance OF the panic, or tho actually of
Spanish war-may turn up and give snap to
business. In hardware we find tin plates re-
duced to sii and s12 IS for the leading sizes.
Copper sheeting is down to 2715 nails remain
on the "a so basis. The leading domestic dry
goods staples are all lower and bottom would
seem to be reached. Linseed oil declined to
92@93 for raw. Alcohol firm at 81 IS by the
Dbl. Kerosene, 22c cash for 1909 lower grade,
as we'll as every burning fluid the product in
whole or in part Of petroleum, cannot be sold
according to law. Groceries are very active:
sugar higher staight A refined, 1913. Coffees
are weak but held up to former figures. Brooms
rule higher on account of scarcity Of broom
corn. The cattle market is poorly supplied and
prices rule firm: choice steers, $4C64 % good
butchers stock, 2 75@3 SO; packers do, S2@-
2 30. Mich COWS are wanted at $40@55.-
Sheep are in good local and shipping demand
at 50@4 1917 for medium to good, 80 to 100 Id.
Hogs are scarce and firm, well fatted, 200 h.,
worth 50; bulk of sales at 3 80@3 80. Flour
is active and 10@25c higher on winter, fancy
city being reported up to IS. Wheat is in
prime demand on Eastern milling account the
Welland canal remains open. After the closing
Of the canal prices are expected to drop OPP
tons extending beyond that time are hardly
saleable. Prices to-day we're 5@6c better than
. week ago, the market closing as follows -
white extra, 81 No. white, / 500 No.
amber 341l. Corn trm at 1870. No.
mixed oats are firm at 9S1S and whits State are
held at 41@42. Barley is more active within
day or two, good samples ranging at 50@-
1 So, and medium at 1 3O@1 40. Apples quiet
at 2 5O@2 IS per Dbl. little demand for car
lots. Beans steady at 3061 GO for uncleaned
Butter not so firm demand strictly local best
roll. 25@26c: glt-edge tub, 27c. Dressed hogs
firm at "a sO@5. Dried apples quiet at 7@S.
Eggs steady at 23@24 for fresh lined, 22Ct23
for bbls. and crates. Hops, 30@3S, buying
Onions dull at sO@9Oc per bu. from wagon.
Potatoes quiet but firm at $4,000 for peach
blows on track; 9O@95 from wagon. Poultry
dull dressed chickens, 500; turkeys, 12@13c
per ID. Glover seed, 4 rs timothy, &c.
Buckwheat flour, SCOT rs per Dbl. Tallow
dull at 51566.