The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1873-07-04

NEW YORK MARKET.
New YORK. July 1, Is

New YORK. July 1. 1878.
Money. which for temporary use, loaned as
low as per cent during the week. was stringent
at the close and the rate advanced to 5@7, the
majority Of lenders having withdrawn. Com
merciai paper was discounted at 6871S per cent.
Gold declined to 1855. Sterling exchange dull
at lO91s@11OH. Flour had dropped about 10c
per day. Supplies were offering freely and the
demand was moderate. Superfne Mich, 10
@5 10; good to choice white extras, Sos 25.
Wheat fully 10c lower-amber western. 81 60
al 65; white do, Goal IS. Corn, 54@5611S.
Oats, 45@46c. Provisions were lower for the
week but firm for the day-mess pork, GIG 20 1;
steam lard. 5000. Butter was steady-good
to choice western tub, 20@2ic. Western cheese
10000 fer good to prime. Eggs firm at 17@-
lSc for western. Sugar ruled dull-soft white
s94@1O1(; fair to choice Cuba, s11l@91l. Cot
fee very quiet-Rio, 1719@191G, gold; Java
2l@23. Tea was in limited demand. Tallow
qu at $685.. Wool was arriving freely and
If anything shade higher Mich. 46@4S -
Ohio, $1,000. Dry goods were exceedingly slow.
DETROIT MARKET.
DETROIT, July 2, 1873.
Although business, taken as a whole, is not
as good as at this time last year. it is up to the
average OF seasons. Money is getting more
easy at the BANKS and collections from the
country are better. Prices have ruled steady
In most all articles OF merchandise. In hard
ware we find bar iron down to SO 80Go4, and
horse shoes to- Sc IS. Nails remain at "a IS,
60 days, 2 per cent off for cash in 90 days. Tin
plates, S13 rs and 16 rs for the leading sizes.
Dry goods are quiet but steady. Drugs are
active. with few changes to note. Oils are
shade lower-kerosene weak al 19c; turpentne
declined to 50@52; No. / lard. 70@72c. Gro
ceries are very steady. Sugar quiet-straight
A refined, 1O@@1O% lhe live stock markets
are dull as usual at this season. Good to choice
st GERS quotable at S5 65@5 So second quality,
"a 50@5 40. Sheep scarce but quiet: best 100
ID. average worth IS 50@5 rs; light, 500
5 %. Hogs are nominal at Si@4 80 for heavy
and light. Flour is quiet but like wheat held
up even beyond Eastern prices. Sales OF fancy
white are reported at 80 To- Wheat is about
&c higher than a week ago but very tame. Spec
ulators have no ambition to pay as much for
wheat here as it can be sold fur in New York
The receipts are only or cars per day. and
the stock in store is reduced to $1,000 bu.-
Farmers are evidently depending on the re-
ported pc or condition of the growing crop for
high prices. Were Mich. the only wheat pro-
ducing State they would be likely to have their
expectations realized. Closing prices to-day:
white extra, 81 S4@1 So No. white. 49,
No. do. 5S. Corn dull at 36@9Sc for heated
and sound. Oats firm at 371Gc for No. State.
Butter was up to zoe few days since but it is
now coming in very plenty and 19c is outside
figure. Cheese, 11@12c. Eggs dull at 15c.-
Honey 2Oa23c for new comb. Beeswax, 2S@-
29c. Hides, 619@715 pelts. 5Oc@1 rs each
Potatoes, 81 25@1 40 for mixed and peach
blows. Wool is active at 36@39c for fleece and
40d42c for combng.