The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1874-01-30
COMMERCIAL.
NEW YORK MARKET.

NEW YORK, j an. ~, 1874.
Money was very plenty and 4@5 per cent.
being outside rates for temporary loans on
Government securities. Stock gamblers were
borrowing largely, and despite the lesson o.
the past, the speculative fever was as high as
ever. First-class business paper was readily
negotiated at 619@7lG per cent. exceptional
transactions at per cent cold closed AZ
l 1l9s. Sterling exchange was firm at 81 s3lz
for GO days. Stock fell OF at the last few min
utes Michigan Central, which touched 921&c
yesterday, closed at 9019 Lake Shore at 49,.
Flour was inactive superfne Mich So SOC
6 Is; good to choice white wheat extras, 81 25
al So. Wheat ruled dull. but prices we're
firmly held. Choice white Michigan was quo
ted at 81 50 white western 81 70,q1 So am
Der do 81 6S@1 70. Corn dull. old and new,
mixed, S4aS5c Oats quiet at 6215@631%.
Mess pork S15 rs; steam lard 90 kettle 10c.
Tallow, common to prime, 7@77s The butter
trade was rather quiet, yet quotations were
sustained; State creamery. pals. 45d48: Mich.
factory, 33@35; rolls 1902; frkins, 28@32
Dogs had lost bottom, western lined being Of
fered at 12a14c and prime at 24c. Sugar was
firm; soft white, 95sa9T. Flo coffee strong
and buoyant at 2515a3O, gold; Java steady at
32a95 Dry goods business improving. Wool
firm; Mich. fleece, 48a5S.
DETROIT MARKET.
DETROIT. Jan. %, 1874.
The dry goods men are very confident OF an
tarly and very active spring trade, perhaps be-
cause of the open weather prevailing, and pm
ces, following in the wake of those at the east,
are gradually working up. Hardware is quiet
but firm pals especially 50 at the decline OF
led to 81 10 and Others IN the usual proper
ton. Tin plates have been put up to s12 so
OILS so. Pig iron rules very duh. Linseed oil
has advanced to 1Os@11O for boiled Lard oil
is very firm on the basis Of 79c FOR No. /.
Kerosene is weak at 18c for single bbls. Sugar,
which was weak for few days, got up yester-
day TO 1917 for straight 4, refined. Coffee Is
firm, at 2903i for Rio, and 39@41c for Java.
Goldfish aud other lenten luxuries are looking
upward. Ralsins have declined to their former
price, SO per box. Cattle are III fair demand
al 81 75a5 1915 for best shipping grades and
poor to good butchers stock Ia firm at $50
4 50 bulk o. sales at si@4 %. Sheep are
/ lower, bost 100 to 10 lbs. being slow al s5@
IS so to IS lbs. % 25@4 TO- Hogs would
bring 50 1906 If heavy and IS 25@5 50 il
! light hardly any TO be got. Dressed hogs are
more plenty to-day; &c so was offered by
packers and Sc rs asked; sales were made yes
terday at Sc 65@6 10. Flour is quiet but stea-
dy at 81 75as for best city and 81 5Of7 IS for
country brands. Wheat, which was gradually
| improving until day before yesterday, when
81 601{ was paid for No white, has been
dull for two days. To day the market was de-
cidedly heavy and it is possible it will remain so
for the balance OF the month. Shippers say
they are limited to 81 Seal 81 and conse-
quently have to remain inactive. Spectators
getting money easy enough, are carrying large
loads and by selling little to each other, keep
prices just 2G3c too high White extra closed
at 81 So: No. white at 81 SO and No. am
Der at 81 iS. Corn is firm at 651Sc for No. l.,
and oats at 4715c for No. j. Barley is scarce
and firm at s3a3 80. A car load OF apples
sold to-day a. so 80, at which good fruit is
priced. Beans more steady; country picked
II 7001 rs, and uncleaned Il 25@1 &c.
Buckwheat flour has advanced TO 56 7507 per
bbl. Butter. which merchants are hiding way
for Acc, Is taken by grocers at 32C9S3c, shippers
have Withdrawn, n. =. being as cheap ~ De-
trout. Eggs dat; picked l0tl5e, fresh 1870
zoe Hides 615Cf7c; pelts 75ca1 81. Tallow
/ $685.. Honey, III boxes, 22@26c; beeswax
2sa3O Glover seed quiet at s5 1905 10
Wool 40Wi4. Mess pork advanced to S15 80.
Country lard s8J50f9; city 9l9@92I.