The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1874-06-12
COMMERCAL.
NEW YORK MARKET.
NEW YORK, June ..

NEW YORK, June .. 1874.
Money was without particular change-easy
at 2@3 per cent on call and sac per cent for
best business paper Sterling exchange dull
at 4 S714 for 60 days. Gold closed at 1 1919 :.
Stocks were weak Michigan Central. 1874 ;
Lake Shore 1884. Flour was very dull and
fully 10c lower than a week ago superfne
Mich, S00g5 35 good to choice white wheat
extras, Sc 6067. Wheat was arriving in large
quantities receipts for the day, S97, 900 bu. /;
exporters were moderately active. however, in
spring grades-amber western, 81 55d1 SO /;
white do, 50a1 70. Corn firm: naked west
ern, sO@s315. Oats dull at 61G62lG for mixed.
Mess pork lower: new, ST. S5@l7 80. Lard
firm at the decline: steam, II d. Butter steady:
choice yellow in good demand Mich. factory,
fair to choice, 24@26; selected, 27Cd2S tubs
and frkins, 22@2i. Eggs firm at 14]6@16.-
Wool active a dispatch from Boston says -
Michigan tleeces have been selling at 50a54,
but the latter price was for very superior quail
ity and may be considered an extreme figure. "
1t is SAID that the entire Kentucky clip has been
bought for Boston. Coffee was quiet: Rio,
164@21, gold; Java, 22@25. Sugar On the
decline again soft white refined, 91110c.
DETROIT MARKET.
DETROIT. June 10, 1874.
Business begins to tone up generally and
prices are getting more steady, even in produce,
which Is being received very freely for the
season. Wheat is coming in at the rate of 20
to % cars per day, and although the market
seems to be quiet the outgo aggregates largely.
There is no speculation to speak Of and every
bushel Of wheat sold may be considered on
bona fide trade. Prices keep more steady in
consequences there are perhaps fewer big
gains than last year, when puts" and ''optIons'
were so rife. but there are fewer big losses. -
The latter fact is doubtless appreciated by
country merchants, who are too often made
cats paws by city gamblers. Farmers suffer
less disappointment as well. and are more sat
ished to sell than when led to expect New York
prices at their own doors. The market for No.
white wheat has ruled at about II As all
week closed to-day at l Az and was brisk.
White extra was l So and No. amber, l 3d.
For buyer June 40 was bid but not taken.
Corn jumped up TO IS and oats we're firm at
81. Flour was also more active sales Of fully
1000 bbs. to-day best state brands at S6 50
for amber, and 75@7 % for white. Butter ls
rather scarce-seling at 1920. New cheese
is quiet at 1904, the supply having caught up
with the demand. Eggs are scarce and firm at
131G@14. Feed has dropped TO SIS for bran
and S16d17 for coarse mlddlings. Baled hay
dull at S20@21 in car lots. Hides steady at
7Q7l6 and pelts at 50@1 25. Domestic onions
are out Southern command S6G6 80 per Dbl.
southern potatoes. new. are plenty at Sc per
Dbl. old, domestic, are dull and depressed -
mixed, s0aS5, peachblows, 81 1O@1 20, and
chilis and early rose 9Ocgs1. Seeds are quiet,
with trade about over millet, 5000: Hunga-
rian grass 90@95; buckwheat l 10. rallow is
steady at 1901. Wool opens more brisk than
was thought 1t would month ago manu-
facturers seem to feel that prices cannot be
lower and money being plenty and cheap at the
East, are buying and contracting largely. 1t Is
doubted however If farmers will sell freely at
37@40c. The goods market ls improving and
the prospect is evidently in the buyers favor.
Sugar has been excited all week until to-day,
when it is easier straight \, 10H@1035. Cof
fee steady at 21@2515 for Rio and 29q31 for
Java. Lemons 1irm at 512013 per box. Nails
remain at SO 80, time. and 80. cash, and TIN
plates on the $12 80 basis. Pants and oils
staadv and active