Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-08-14
ST. PAUL TRADE.
Weekly Revie,o Of the st. Paul Markets.
OFFICE OF THE GLOBE,

Weekly ReUiesC OF the st. Paul Markets.
OFFICE OF THE GLOBE,
ST.. PAUL, Aug. IL.
Considered from commercial standpoint,
and from a relative point of view, the move
ment during the past week has been character
lied by greater degree of quietude than has
been hitherto experienced during the season,
and the successful and unusually prolonged
business season just closed may be denominated
as having reached low ebb, while the signs of
an unusually large and successful business
tide, the ensuing fall, are everywhere apparent.
As adverted to in previous issues of the
WEEKLY GLOBE, the absorbing topic Of CONVEX
sation in financial and trade circles, continues
to be the favorable condition and satisfactory
yield of the wheat crops, which may now be
regarded as safely garnered.
The inclination to enlarge on the manifold
benefits that will result from this condition of
things, is almost irresistably attractive, but
with no intention of anticipating the bright
assurances Of a prosperous and not very re.
mote future, it may be safely said that the d.
rect and immediate results OF the harvest are
already apparent, and as the index finger to
the coming season the inference, as above indi-
Gated, is unavoidable.
With these facts in view, and considering
that the present is necessarily the least active
season in the year, in commercial circles. the
situation may be readily realized, and while
the most prosperous periods should not al
ways be gagged by apparent and material re-
suits, the business atmosphere is laden with
the sound of conf ecture and the cheerful buzz
of deep and widespread improvement.
A moderately active movement has charac-
terized the leading grain and produce markets
throughout the week. and steady impI ove-
ment is anticipated from this time forward.
The receipts of wheat have measurably in
creased since last weeks writing, while prices
for old wheat have ruled steady at last weeks
quotations.. Reference may here be made to
the new crop. the first consignments of which
have already appeared on the market, and all
offerings met with ready demand at quota
lions.
A fair degree of activity has characterized
the general departments of mercantile trade,
while majority of the wholesale and jobbing
establishments are actively employed in ar
ranging their stocks for the fall business.
The general produce markets have continued
moderately active, with no material change in
values, which rule steady at quotations.
Business at the grocery houses is reported as
exceedingly good for this season of the year,
and the leading staples continue firm, with in
dications of an immediate advance in the price
for sugars.
A fair inquiry has been manifested for lead
ing articles Of hardware, and the order trade is
reported as unusually active, while no marked
change has taken place in values.
At the leading dry goods houses business has
been less active than experienced at any other
period of the season. The fall demand is ex-
pected to commence in about two weeks, when
it is thought that certain descriptions of cotton
goods will undergo very material advance.
Dealers in boots and shoes report a good
business. and liberal orders are daily received
from all portions of the West.
The drug trade continues moderately active,
while no decided change has taken place in
values.
The miscellaneous markets have been fairly
active, and it is thought that a very decided
improvement will be experienced within the
next two weeks.