The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1873-02-14
COMMERCIAL.
NEW YORK MARKET.

NEW cBE, Feb. 10, 1878.
Money continued TO bo stringent, on cal!
loauiue 1T : per cent. eu!a and closing at 1-Gia-
I-32. COMMERCIAL paper Vas steady at S@9Per
cont. per auuum. wi.l , accepted only for short
date Sterling exchange was steady at lG9'.
@lC9 cold closed iirm ut 1lil,@llill-
Wool vas quiet b1- e2dg. Manufacturers
had IN convention, been considering tle pro-
pciety Of stopping portion .! iLcir machinery
in order to reduce the production Of goods,
but no conclusion was arrived AZ. The BIZ wool
sale q Boston last wee. had not depressed the
market as good prices - expected having been
realized. TIE spring sale at London, now to
take place. is looked forward to with great IN
terest. Cotton was dui at q c, but cotton
goods were improving al the leading makes
Of brown and bleachod shirtiugs and sheetings
were sold aheld by agents. Prints and gng-
hams we're IN good request and foreign goods
improving. Flonr WAS dull but not quotably
changed Wheat was dull, but holders refused
to submit TO a dec.lue. Receipts large amber
nominal at 81 1872 05; white at 81 90 ~ 80.
Corn, 65 ,UG6c for new mixed western IN store.
Oats. 53654l5c for mixed western. bless pork
was very nrm at If 30, and steam lard at 3 g..
Western butter was steady at 25@30c for roll,
though the market generally wa better sup
Piled Eggs. 36@3Sc and declining. Coffee
was quiet out frm-Rio, 17@20, gold; Java,
20a23J5. Soft white sugar, l024 all = soft
yellow, 9lsal05c; hards lie; Porto Rico
grocery. o. a9 b. Nutmegs, 921aa95, gold
Layer ralsins, 2 %. Turkey prunes, 81 ValeI-
era oranges, s6a7 per case; da.es, jls6gi.
DETROIT MARKET.
DETROIT. Feb. Il. 1879.
The money market has experienced no relief
since a week ago. On the contrary the strin
| gency seems 10 increase. At the National
! Banks deposiiors get pOr rata discount AZ FER
cent. but it is probable that nine-tenths Q. tue
loans are made at 10 II 20 good houses, whiic
occasional borrowers are very wiling 70 pay
131l5 per cent. per month. business pcbs up
slowly. There is visible increase IN the num-
bers of country merchants In town, but real
activity in general merchandise j. not expected
for fully q month yet. Prices keep remarka-
bly, steady. Pig iron is a tri1e higher, Scotch
having advanced to 356Q5S. The decline in
white lead has been recovered, standing brands
1l15@l2. Oils remain steady, excepting kero-
sene, which is offered at Il in bbl. lots Tur-
pentlne is up at 75c by the Dbl. Nails remain
on the $3.50, and TIN on the S1i, so basis,
though the latter is understood to be shaded.
The cattle markets are more steady, vet far
from satisfactory. Falr to GOOD steers. 5a5, rs
inferior to common animals, including oxen
and cows 4@4, go. Sheep are too plenty: nice
to midling 5,65a6, 1215; common, 4a4, 60-
Hogs scarce and the arrivals light Packers
anxious, and offer i,5O Tor suitable weights,
Dressed hogs are scarce and firm; packers Off
ers $50, holders ask 5,25. Apples are quiet
aud if anything lower, only prime fruit bring
ing 80 per bot. Dried apples are -alas bic at /
IN 20 lib. lots. Eggs comma ina 33 I35. Tal-
low Is closing out at 9glOc per pound. Onions
are quie at III per bushel Potatoes are in
better supply, pedchb oNs commend Soc in
SACKS, aud soc IN car ots; mIxeI, 75@SJ Poul-
try Ii more plenty, tur"oy lie, cdicAens 800
-; geese, 9llO, ducks 1lll2 pee 10 Clover
seed 5,2j 20 Ouslel, tim tny a pr bushel.
Flouc rs iiIm, G. pecllltl 20 upper white des
which arr scar, cloiye . go, imDer ana me-
dunn win {, 8 $50. W at a tie II nee a
week as and Il ,ot a It, y / Il %.
No do sligo No amb SILL. 80 n
Az. Ott- NJ / 35 BtHs.. n, 1851 DO.