The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1874-03-27
COMMERCZdZ.
NEW YORK MARKET.
NEW YORK, March z

New YORK, March 20, 1874.
Borrowers of money for temporary use have
been accommodated during the week at as low
rate as 2per cent the general rate, however,
is 30i per cent. First class commercial paper
IN steady demand from dealers at 51I@611 per
cent per annum discount. Sterling exchange
steady at 4 si19 for 60 days. Gold closed at
III, dull. Stocks generally fat since anti
initiation ideas began to obtain IN Washington
Michigan Central, si]G; Lake Shore, 772s.-
Flour has been pressed on the market to an
unusual extent and prices are materially lower
superfne Mich, 50f5 50; good TO choice
white wheat extras, Sc 65@7. Wheat has bare
ly held Its own, spring particularly. which Liver
pool buyers have taken in restricted way =
amber western 63@1 &c; white do 5Oa-
81. Corn firm at S7a90 for new mixed; old,
9Oa9l1l. Oats steady at 621Ga64 for mixed
Stock of wheat on hand, 1920 bu. Mess
pork firm at ZIG 1917 Steam lard heavy at
"a. Butter tending OBSERVATION-DISCLOSURES Of
fering promptly and determined to sell; Mich.
factory, 3Sa40 tubs and frkins. 3ia39; rolls,
S6a4O. Eggs dull at 16a1611. Tallow active on
account Of lower ocean freghts western IA
~. Coffee quiet and nominal: Rio, 211S a2519'
gold; Java, 26a29. Sugar steady soft white
refined, 91sa919. Teas more active and prices
steadier. Wool quiet: Mich, 49a56.
DETROIT MARKET.
DETROIT. March "a, 1874.
Business drags n nearly all departments, and
jobbers who have been building on busy times
as soon as navigation was ready to open, are
getting impatient. SO it Is, however, every
year, and the older heads are keeping COOL
Merchandise values average in the buyers
favor. Dry goods have had another overhaul |
ing and the articles missed previously have
been brought down this time. Atlantic and
similar brown sheetings are down from 1870
to II, the 12c brands to III, the 1Oc to 81, |
and 80 on. American, Aliens mourning, and
other 10c prints are now at 919. Wamsutta
from Ia to z; Hartford from 81 to 8, etc.
Grain bags remain as follows: American A and
Amoskeag A, 80 Lewiston, 81; Great Falls |
A. "a; Starks 80. Nails are still on the "a 10 |
(cash) basis, but tin plates are down from - 25
to s13. White lead is active and liable to shading
at lie, the corroders still being at logger heads.
Llnseed oil, boiled, steady at 05 No. l lard
do q: 80; kerosene. 1913; turpentine weak
at 60@62. Alcohol firm at 81 AZ. Coffees are
weak at 28@32 for Rio, and 5000 for Java
Sugar steady at 1OB9l0H for straight A re-
fined. Layer raisns easy at 2O@3 25, and
currants at Sc. Live stock is more brisk and
prices are fully as high as last week. Fatten-
ing steers and helfers, or stockers." are in
prime Eastern demand at 50 1905; best ship
ping steers, 5 25@5 so far to good stock,
S4n5 lean, 80 50@4. Mich COWS are wanted |
both for city use and for shipping best, 500
@60 each: poor to fair, $4,000. Veal calves,
$500 on average. Sheep firm at 25@6 so for
80 to ITO lbs. Hogs IS 50@6, outside figure
for light, or " store pigs" Flour unchanged
but irmer good to fancy white wheat brands.
Z 25C67 rs. Wheat, though reported dull from
Liverpool to Chicago, is doing better here, av-
eraging nearly &c higher than week ago. The
receipts havs dropped to 4 or cars per day,
and the stock in store ls down to 22l.3Ol bu.-
Shipping orders are coming along more freely
and spectators begin to feel interested. White
extra closed at 6215, and No. l white at
l 54$4. Corn steady at ~. No. oats firm at
5115 and white State at 53@54. Barley dull at
2 6Oe3 80 per 100 lbs. Apples, S496 per Dbl.
Beans very slow and prices shade lower. But
ter on the decline best, Csc. Dried apples,
in bbls., 12@1215 loose, 11@1119. Eggs active
1211@1315 for bbls. and crates. Maple sugar
steady at IA. Onions firm at Il 90@2 per bu.
Peachblow potatoes, $1@1 05; Early Rose,
9Ocal 90. Clover seed up to 5 1905 80; tim
othy, 1908 80. Tallow, 619@6%. Wool, |
43@45 for fleece and 46@47 for combing. Mess
pork, sl5 so; country lard, 9a91l in crooks (;
do hams. lie. Hides firm al 619@7 winter
pelts 25@2 %.