Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-11-26
ST. PAUL TRADE.
Weekly Revte,v Of tho st. Paul Markets.
OEF1CI UF THE UIOBE,
Sr. PAUL. Nov. 26. 1870

OFFICE OF THE GLOBE,
Sr. PAUL, Nov. 26, 1870.
The clear, crisp weather of the past few days
has had notable and very favorable influence
on trade in all departments Of commercial 40
tlvity. In adverting to the fall movement in
previous issues Of the WEEKLY GLOBE, the
writer has been justified in employing the most
favorable language, uecessitated by strict ,e--
gard for the truth and the prevailing condition
of affairs, as described from all impartial and
strictly literal standpoint.
When thus viewed, it would seem that in ct
tempting moro faithful portrayal of the ate
uation tho writer might naturally drift from
Suffice it, however, that the actual condition Of
affairs, if faithfully reflected, make such pre-
dicament impossible.
The advent of colder weather has added
fresh impetus to trade, and the past week has
been the most active of tho season. As COM
pared with the previous weeks of the season.
the volume has largely increased, and major
ity of the firms report an increase of over half
the volume Of business transacted during any
previous season.
The demand for all descriptions of goods has
| steadily grown with the marked and rapid ad-
vance in values, which have merely operated to
stimulate trade in all branches of mercantile
commerce.
The order patronage from the interior has
| been unusually heavy, and collections are
made with satisfactory promptitude.
| The grain market has been moderately 40
| tive, aud, with light offerings, values have
| ruled firm at the noted advance.
In speaking of the wheat crop of 1879 and
| the export trade. together with the require
ments of Europe, recent issue of the Ee,o
! York Produce Exchange Weekly has the fol-
| lowing:
''Tne exports from American Atlantic ports,
| including Montreal. from July to Nov. Is.
1879, have been in wheat and -four equal to
| 81, 337, $40 bushels of wheat.
! Recspltulatirg the foregoing, the exports
| have been, from
! Bushels.
American Atlantic ports July to
Nov. 10, 1879 .................. 1887 $40
San Francisco. July l to Nov. 4,
| 1879 OBSERVATION-DISCLOSURES. 1O,u63, l07
Portland Oregon, Aug. % to Oct.
SO, 1870. 1,1o5,s57
| Total bushels ................ LOG, CO6, GOA
OF which about Is, OO0, 600 bushels are from the
crop of 1878 Assuming that the fifteen mill
! ion bushels of the crop of 1878 is approx
| mately correct, there have been exported from
| the crop Of 1879 equal to 91,U0S, 694 bushels.
| We place the available surplus for export at
It's ,OO0, 600 bushels, from which deduct 81 &C.,
GA bushels. and the remaining export surplus
is 90, e93, 396 bushels. The estimated require
|
dom for the crop year 1880 are now placed
ct IA 600 coo bushels: We place the require
| meuts of France at $4,000, 600 bush els, about
| the same az in 187S-79.
1.-The requirements Of Belgium, Holland and
Germany will be shout the same as in 1880,
or &c, 900, 900 bushels. France. during the past
two months. has imported at the rate of H.
| 0oO,o0O bushels per annum. The monthly re-
| ouiremeLts of Great Britain. France, Belgium,
Holland and the German Empire will be up
wards of 2l,OOO,000 bushels. The United
States, including shipments from Canada, have
! exported in four mouths an average to all
countries of "a, 400, 600 bushels per month, CT
a monthly average to Europe of 23,250. 900
bushels. Of the total aggregate of wheat on
passage for the United Kingdom on the 9th of
November of 2,475. 600 quarters, about 2,o0o.-
0GU quarters were from North America"
The provision market has been active
throughout the week and values have ruled
seeady at TO mer quotations.
Business at the grocery, hardware and dry
goods houses has been exceedingly lively, and
values have ruled firm, with marked advances
IN several descriptions of dry goods and
groceries.
The movement in hides, furs. leather and
findings continues active, and owing to the
scarcity of raw material, prices are firm with
strong upward tendency.
| A recent cablegram from Liverpool states
that raw hides are worth l2]5 cents per pound
as dropped on the market, while Eastern advices
report an advance upon upper leather of from
10 to 20 per cent. The boot and shoe trade
has been good with no marked charge in
values since last weeks writing.
The drug market is fairly active, with good
business for the season, and collections are re-
ported as improving. The most noticeable fea-
ture is the new trade from sections heretofore
dependent on Chicago. Milwaukee AMI St.
Louis. 1t does not take long for new dealers
in this section to find that St. Paul is the best
place to buy in. Its natural advantages and
the energy of its merchants. the enormous
stocks carried here, and the facilities for i'm
porting and distributing which st. Paul pos
sesses, are daily telling, and winning new end
desirable trade. Sperm oil, oxalic acid, Union
salad oil, and many minor articles have still
further advanced. Ergot, cubehs camphor and
cod liver oil are little lower. The scarcity of
window glass continues. Our dealers are do
ing their best. and keep up fairly we'll. On
the whole, the st. Paul drug trade is healthy,
hearty and growing, and the market now -
good an one to buy in as any in the West.