Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-03-26
ST. PAUL TRADE.
Weehly Revte,v of the st. Paul Markets.
OFFICE OF THE GLOBE,
ar PAuT, March Ok

| ST. PAUL, March 70.
The past week has witnessed increased activ-
| ity in all the departments of trade, while Sc
| rlous drawback has been encountered in the
unfavorable character of the weather, which
| has materially influenced what would other
wise have been an exceedingly active move
| ment. The character of business, however, has
| been such as to awaken enterprise and inspire
renewed confidence, and the sluggish indif-
ference which has characterized many of the
more important branches of commerce during
the past few years, has entirely succumbed to
| the enlightened spirit of brighter and more
energetic dispensation. visit to the leading
wholesale establishments was amply
remunerated by evidences of the most
as compared with the corresponding period last
year, the movement exhibits favorable and
very material Improvement
The most important feature perhaps, in
connection with the spring movement, is the
conservative policy inaugurated by the major
ity of dealers respecting their business rela-
| tions with customers, as wide-awake operators
| have at last realized that loose
| system of credits will inevitably de-
moralize, in the long run, the most
| fourishing and remunerative business.
| The latter fact has been most forcibly exem-
| plifed within the past few months by the en-
barassment of some of our hitherto most relia-
| BILE business houses, whose misfortunes have
been directly attributed to extensive, ard in
| most instances irresponsible lines of credits,
| failed to meet their just and equitable obliga-
tions. When the above facts are
taken into consideration, the ne
cessity of more circumspeot and
discriminating policy in this respect will be
readily appreciated. and applications for fav-
ors in the future will be subjected to more
intelligent and thoroughly impartial scrutiny.
The number of customers visiting the city
has materially increased since the last writing
and many of the houses are working their
forces far into the night in order to keep up
with the days orders.
active, anu with favorable advices from the
East values have generally continued steady
with no material change from last weeks quo
tations. The receipts of wheat have been
large for this season of the year, and under
good local and shipping demand values have
ruled firm at previous prices.
The movement in corn, oats, barley, pro-
visions, ETC., has been active, but with liberal
receipts values have ruled steady, with the ex-
ception of the first named cereal, which has
undergone an advance of l cent per bushel
from last weeks quotations.
An active business is reported at the prin-
cipal grocery houses, while slight reduction
is noticeable in few of the leading staples,
the general market, however, remaining steady
at last weeks quotations.
The hardware trade has been good, and the
general movement is best characterized by the
term lively, which may be construed to the
full limit of significance.
A fair movement is reported at the leading
dry goods establishments, although business
has not been as satisfactory as it would other
wise have been had the weather continued
spring like and favorable. Purchasers from
the interior have been quite numerous how
| ever, + y with few days of warm, clear
weather, the movement will be characterized
by much greater degree of activity.
A good business has been transacted at the
prominent boot and shoe establishments, and
as compared with the corresponding period last
year the movement has been active although
larger volume of trade is expected in the near
future. The demand for seeds has been unusu-
ally active, and farmers have at last realized
that it is poor policy to neglect clover and tim
othy culture for crops that are attended with
more labor and are less remunerative.
The drug market has been moderately active,
and collections are reported as exceedingly dull,
and considerable difficulty has been met with in
enforcing the payment of obligations. The
only particular change to note is respecting the
scarcity Of quinine, which has undergone a
further advance, and the supply of this drug is
said to be exceedingly limited. The demand
for oils is gooo, and prices have experienced an
advance from last weeks quotations.
The demand for hides, furs. leather and find
ings carpets, clothing, millinery, notions, etc.,
has been active and in the last three or four
departments named unusually active and
successful season is anticipated.