The Grange advance. [volume] (Red Wing, Minn.) 1873-1877, 1875-03-16
COMMERCIAL MATTERS.

COMMERCIAL MATTERS.
81. Paul;,Whelesalem Markets, March 3.
From the St. Paul Dispatch.l
The DISPATCH to-day eongratulates the
farmers of Minnesota that "the good
time coming" for which they have been
waiting patiently ever since the harvest
OF last year, is really coming. Our great
staple, wheat, is once more coming to the
front, and is now wanted at figures that
will leave the producer something above
the cost OF production. And the end is
not yet, If the signs of the times are not
very deceptive, and those farmers whose
means would permit, and whose better
judgment decided them to hold their
wheat for raise, can congratulate them
selves that for once their circumstances
permitted, and that their Judgment was
not at fault.
To-day, under the influence of favorable
advices from the E,st in part, wheat went
up at one jump cents bushcl, all offer
ings, and they have been quite liberal,
bringing 80 cents for No. 2 and 85c for
No. l. 1t is estimated by good authority
that there is held in the State, in the
hands of farmers, not stored, 100000
bushels, and stored in elevators and
warehouses, principally to their account,
2,412, $50 bushels, total Of 5,4l2,25O
bushels. On this amount, the
increase of cents per bushcl gives Min.
nesota an actual increase of wealth, from
that evidenced by yesterdays prices, Of
$260,6l2.5O.
That this increase is not ephemeral. a
mere spirit on the part Of the buyers
which are represented here by some of
the heaviest operators in the State, and
also by representatives of Minneapolis
milling firms-will be shown by
an examination Of foreign and
eastern quotations for the past week.
Such an examination will show q slow
but steady advance. At the same time
business of all kinds is looking up; conf
dence is being restored; the money
vaults are being opened, and the funds SO
long boarded, waiting for the financial
storm to blow over, arc now seeking in
vestment.
AS if to confirm this cheering view of
the future, and especially as to the future
OF the wheat market, advices from Liver.
pool--the great governing market Of the
world--are to the effect that the market
is strong, with an upward tendency,
while the good word comes from New
York-governed entirely by the state of
the foreign market--that wheat is held at
one and two cents higher and very firm.
This is good news to Minnesota
producers, and the opportunities it af-
fords should not be overlooked. Money
is what Minnesota wants, and our wheat
will bring it. AS shown above, some
thing like 100000 bushels still remain
in the hands of our farmers, much of it
many miles from any railroad station and
facilities for storage. With few days
continuance of the present weather, and
the roads will be almost impossible, pre-
venting the hauling Of grain to market
for weeks to come. Under these circum-
stances it would appear to be the dictate
of wisdom on the part of producers to
haul as much wheat as possible to rail-
road or steamboat points at once and sell
or store. At St. Paul, the new
elevator offers splendid storage ia
cllltles at very low rate,
while the opposition offered by the mill
ing and purchasing interests will serve to
keep the market up to the highest figure
it will stand. If the quotations of the
day do not meet expectations then the
wheat can be stored, and thus the farmer
will be enabled to take advantage of any
improvement iii price that may take place
at a time when the roads are in such con-
dition as will prevent his hauling to mar
ket. So bring in your wheat.
Other quotations are without change.
Corn firm at 68 to 75c; oats 50 to SAC
Flour $500 to $3.50: patent So to 50.
Rye -four $3.50 to Sc. Buckwheat
-four $3.50 to 81. Bolted Meal scarce
and firm at So to 1926. Ground feed,
$26 to $3.50. Shorts $40 to $2l. Bran
SIG to SIS. Pork $40 to $3.50.
Hams 13 IL to IA l-2c. Lard Is
to Ice. Bacon IL to l4c. Fresh
eggs firm CSC; good lined eggs Is to zoe.
Roll butter % to Csc; second selections
Is to 20; common shipping IA to l5c.
Dressed hogs firm at 10 to SC. Oranges
$3.50 to 81. Lemons SO to $3.50. Ap-
Piles $3.50 to "a. Cranberries $2.75 to
$3.50.
Chicago Produce Market.
CHICAGO, March 13.-Wheat firm and higher
at Csc cash and 65X for April Oats steady at
So Nc for April. Barley weak and lower at
81 .O2 cash and CSC for April. Pork firm aud
higher at 1855 cash and 1885 for April.
Lard frmer at 1850 tor April. Whisky Sill.
Milwaukee Produce Market.
MILWAUKEE, March 13-Wheat firm, No.