The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1873-07-11
COMMERCLAL.
NEW YORK MARKET.

New YORK. July s. 1878.
Money was more steady than during the pre-
ceding week, the recurrence OF half yearly set
thing time causing increased demand yet the
offerings were largs and the rate for temporary
loans did not get above per cent. CONNER
cial paper was quoted at 6@7 per cent per an
mum. Gold closed at 1151a@1l55s. Sterling
exchange was firm at 1925 @110H. Flour was
triis more active but fully 10c lower for the
week-superfne Mich. "A 65@5 05; shipping
brands, IS 60a6; white wheat extras, 6 S5@'-
10. Wheat was steady al about last quota
tiors-amber western, 81 Goal IS; white do,
l 5S@1 "a. Corn firm at 52@55 for mixed -
oats heavy at 4319@4414. Mess pork had adj
vanced to 81 25@17 so. Lard was quiet at
81 for western steam. Sugar was lower-soft
white refined, 91G@10%; far to choice Cuba,
81s@91s. Coffee quiet but firm Rio, 1715@-
1917, gold; Java, 21@23. Tea very dull. But
ter was 2t@3c lower-good to choice western
tub, 1921. Western eggs, 1919. Cheese easy
at 91S@1114 for western. Wool more active
Mich. fleece. 46@4s. Dry goods especially fall
styles and fabrics, were IN better request
DETROIT MARKET.
DETROIT, July 8, 1879.
There is very little stir in business these times.
Jobbers are busy getting their books balanced
and country buyers are evidently net anxious
to increase their stocks just yet. Spectators
are unusually Indifferent and hardly an article
OF produce is going Eastward in quantity, wool
excepted. The latter staple. Notwithstanding
backward season and lower prices than last
year, is moving with unexpected freedom. 1t
is estimated that at the rate at which wool is
going off, the clip will be pretty we'll sold IN
about q month. 1t seems singular with the
dullness of the goods market" machinery
stopped" and all that. manufacturers and spec
ulators should exhibit so much confidence
Does it not almost invariably happen after
farmers have parted with the clip. that the Price
advances, especially if the price has been low
one? Perhaps this year will be an exception,
and the foreign article may serve to keep the
price of domestic down and prevent growers
being chagrned. The price here ranges at 30
@3i for fleece and 40@42 for combing. Hard
ware goods are without change. Thread has
advanced from 70 to 72-dry goods otherwise
without change OF consequence. Linseed oil
is shade easier-boied. $101 or kerosene
dull at 10. Alcohol declined to Il S201 84.-
Cattle are again lower. and offerings poor in
quality-range, SO 5004 SO for lean to good !;
extra, S5@5 %. Sheep in demand at SO 75n-
rs. Hogs nominal at 94d4 80. Ness pork
advanced 10 SIG, owing to the corner in Chicago
Flour is slow. unless the best city brands. which
command SO rs. Wheat is on the advance,
though 1@2c lower than week ago has been
2g3c lower meantime. The receipts are not
half as much as the city consumption. The
stock in store is reduced to 10000 bu. and one
or two vessel loads are making up. Prices
consequently, have an upward tendency, and
especially as the new crop will be late Of COM
ing in. White extra closed at / 81. and No. 9
white at l 81. For No. white "A was bid
and l IS asked. Corn Is firm at 41Cd42 and oats
No. State at 3s1&c. Butter is weak at IS
@19c. Eggs are dull at 12l9@14. Old potatoes
l 40G1 50 per bu. new do, IS 50@6 per Dbl
Sugar is the only thing changed in the grocery
line-straight y, 10$l. Tallow Is dull at &c
buying. Hides 61l@7; pelts, 501l 70, Honey.
2O@22. Beeswax. 2S@30. Feed is very firm on
account OF the poor condition OF hay.