The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1873-02-28
COMMERCIAL.
NEW YORK MARKET.
New YORK. Feb. 20, 1873

Gold closed at 114E@l149I. Money was
stringent, the loanlng rate had for the week,
exceeded per cent. gold, on call. while the
best commercial paper averaged 9G12 per cent.
Sterling exchange was weak at 10S9S@l0 81
Flour, which showed little animation the day
before on shipping or low grades, was again
heavy sellers had to make CONCESSIONS and
quotations were getting irregular. Wheat was
very inactive; speculative buyers refused to
operate unless at large CONCESSIONS: Michigan
white was nominal at 81 $500 25 for inferior
to fancy. Corn was steady at 65@6511c for
mixed; oats dull at 5115@59c. Provisions had
an adva ncipg tendency mess pork held at ;:15
The cattle market was slightly demoralized,
with buyers and sellers 50@75c apart in their
views; the arrivals were large, while the Lent
en- season Just beginning helps to intensity the
dulness: good heavy weights quotable at 90
C76 90; sheep looked toward decline, Michi-
gan, 7A@714 hogs more quick at S5@5 3d.
Wool was quiet but a shade frmer: unwashed
domestic, Acc; combing fleece, $4,000. Cot
ton was more active but not quotably higher
2OJs, and the dry goods market, which had
suffered from the cold weather, was more AMI
mated. There was good feeling in ali branches
and staple fabrics had an advancing tendency.
Hops were quiet at decline OF 1a2c. Butter
was lower, but getting steady: western roll,
25@27c; eggs nominal at 2S@32c Coffee keeps
very firm-Rio, 171l@2Oc gold, and Java, 2OGe-
22c. Sugar was &c down: soft white, 1890
11114 crushed, ETC., 121s@124.
DETROIT MARKET.
DETROIT, Feb, 26, 1873,
Perhaps the most important change in b'u-
eral merchandise prices during the week Is the
declins Of SOC per key on nails 1Od are now
35 and others in the usual proportion. Chain
and merchant iron are shade lower Olls are
very steady kerosene remains at N@22c;
globe" lubrcatlng, has advanced to Doc with
very active demand; Turpentine Is held Ease
higher, S0Cd83c for whole bbls. White lead has
settled at HOOP, outside price for lots less
than ton. Dry goods show slight advances
on leading cotton staples. Best prints. IL ga
12iJ. outside rate for Merrimac W. The only
change in groceries is the decline OF a refined
sugar to 117s@12c. Cattle are again down-tair
to good steers / 200 to 1.400 lbs, S5@5 90; no
extra offering. sheep, $685. for far to heavy
extra. Hogs would command "a 50@4 - -
dressed do are wanted at 70 G. Apples are
quiet at - 50g2 70 per Dbl. for green and o.
,aGlZc per ID. ioT dried. Beans are getting
scarce. and though The markets East have a
softenng tendency, prices here are very firm /:
picked, - 1902 80 per bbI.; uuplcked, 25@-
I go. Butler is in good local demand at 23m-
2ic for choloe common or export grade dull.
3uck-whest -four, So 9Oa7 per Dbl. Cheese is
steady Mt 1601GJ5c for Factory; eggs, witch
were dull at 22c a few days SINCE are now held
at 2jc; honey is quiet at 2j@3Oc for good TO
fine comb Hides are unchanged-sound, 60-
S.5-grubby I'D of. Onions have declined 25c
per bbl-now offered at % 90. Poultry Is
STEADY at l4m15c for dressed turkeys and 12"-
BE for chickens. Potatoes are trife weaker,
under liberal receipts and weather more favor
able for handling poachblows, S2gS5c Seeds
are ouies-clover at So 15n5 %. and timothy
at SO S7ll84. Tallow is firm az ilfc Wool
dull at 5jc for washed and 6Jc for combInG.-
Flour is 100 PC lover and inactive: warehouse
braois @. white, 6 90a9 10. Wheat, after
passing through d dull week and declining j'05c
recovered 1c tins forenoon the demand Il
largely speculative and "hedgiug' against loss
on the transactions OF January Is now the game
araong operators the stock 10 store If 223,o0t
bu Closing prices white extra, y So; 40
/, white 81; Nc. , do, 20; No. amber
CS. Corn is steady at A1l5ei2c, and oats al
3Gc, Barley il slow sale No. ] quctable a.
l 7Oa1 70 per GENITAL; rye in fair demand al
75@33c per bu.