Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-11-12
ST. PAUL TRADE.
WeeHly Revio,p Of tho St. Paul Markets..
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II ST. PAUL, Nov. II, 1879.
An active movement has characterized bust
ness in mercantile circles during the past week,
aud as compared with the corresponding period
last year the volume Of transactions is much
heavier. The demand for reasonable goods in
tho several departments of trade continues ex-
ceedingly active, and while the Wholesale and
jobbing houses have already enjoyed an average
amount of fall trade, it is expected that the
splendid patronage now under way will con-
tinue far into the winter. The views IT several
representative merchants have been had con-
corning the general features of the fall move
ment, and number Of conversations have
confirmed the impression that moro salts
factory or generally remunerative business
than that at present experienced has never
been known ip the Northwest.
A noticed at length in previous issues of
the GLOBE, tho notable advances which
have already taken place in prices, and the pre-
vailing upward tendency of values in all do
partmeuts Of trade. continue the leading
characteristic of business. The causes which
have influenced, or directly superinduced this
favorable condition of affairs, have been
traced to their source and fully enlarged upon,
and further comment at present is uncalled
to the fact of their continued existence.
Throughout all the branches of trade, dur
ing the past week, prices have ruled frmor,
and although the fluctuations in values have
not been as marked as for other weeks of the
season, there are still some noticeable changes
The grain market has ruled steady during
the week, with scarcely any difference from
last weeks quotations. The offerings of wheat
have been moderate and with an active inquiry
ON local and shipping account values have con-
tinued to rule firm. The demand for corn,
oats and mill stu1fs has been active, and with
light receipts values have ruled firm with an
upward tendency.
The provision market has also been active.
The inquiry for dressed hogs and hog products
is good, and with meagre offerings prices are
firm at quotations. The receipts of butter and
eggs have been moderate, particularly for
choice brands of butter. which are wanted.
The supply of poultry has been liberal and
prices are steady at quotations.
Business at the leading grocery houses is re-
ported as unusually active, and the staples are
in good denand at firm prices. The market
for sugars is particularly active, and will be
seen by reference 20 the quotations values have
undergone \ material advance
The demand for dry goods continues active,
and seasonable goods meet with ready sala at
quotations, no very material change having
taken place in prices since last weeks writing.
ceedingly large patr onage, and seasonable wares
are disguised of readily, while prices continue
firm, with prospects pf still further advances
The boot and shoe trade is reported as active,
and in point OF volume and remunerative re-
suits, business has never been better than at
press mt. The movement III hides, furs, leather
and findings, has been fairly active at quota
tons.
The drug market continues active and ex-
cited. Many changes are occurring, almost all
in advance. Some goods have, however, fallen
back a little from the highest point reached,
notably spirits of turpentine, ergot. etc. Still
evsu these are very high, orgot fper ib.,
about $50 say, as against SAC. There is every
reason tn expect still higher prices. The great
prosperity OF our country ha. created new and
increased demand in all foreign markets, and
prices there are much higher. Freights also
ara higher, End with money now
advance. Tartaric acid advanced sudden
l7 Sc per h., although this. is not the season
for any large demand. The winter is usually
tho dull season for such goods. Camshor adj
vancing. Cream tartar also. LiuseeA oil may
not yet have reached the highest point Putty
has been again advanced by manufacturers.
Bassiate potash 1o higher. Touka beans
scarce, and Para beans out of market at this
moment. Many essential oils are higher.
Whale oil again advanced Sc. Spfnges are
higher, notably Florida sheepwool ETC.
Potash aud concentrated lie in cans, 500
case, lie. 25c dozen, higher. Clues all higher,
about ten per cent. on high to 90 per cent. on
lower grades.
Assahteda advanced. Castor oil frmer.
Sulphuric acid advanced about 80 per cent. As
lake aud river shipments are all over, and rail
rates advanced, cheaper goods are oil a little
higher. All back glass ORDERS have now been
filled by our dealers, and Noyes Bros. & Gut
Ter have received about five carloads now stock.