Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-12-10
ST. PAUL TRADE.
Weeklu Reuiesu Of the st. Paul Gorkets.
OFFICE OF THE GLOBE,

OFFlCE OF The 0LOBE,
ST.. PAUL. Dec. 8, 1879.
As compared with preceding weeks of the
season the situation in local mercantile circles
during the past few days has remained practi-
cally unchanged. Business at the wholesale
and jobbing houses is reported as exceedingly
active and while the volume of business has
slightly diminished in certain lines Of trade
there is manifested feeling Of quiet satisfac-
ton at the good work already accomplished
The abundant patronage enjoyed by the job
hing trade during the season is now transferred
so to speak, to the vast army of retail Dealers
who have purchased heavily in anticipation of
an extensive fall and winter t:ade.
Experience has already shown that their
hopes have been substantially founded, as a
largely increased business is now reported
from the interior. A majority of the farmers
have disposed of their surplus produce, and
that money is gu tie plenty is indicated by the
com parative ease with which collections are
made, maturing obligations being made with
unusual promptitude.
Business in the city is also exceedingly live
ly, as shown by the thronged streets and the
crowded condition of the stores, while the re-
tail trade is enjoying larger patronage than
has been experienced in years.
The mild, open weather has had the effect to
retard business to certain extent, and the
usual downfall of snow would be hailed with
delight throughout the country.
The receipts OF grain during the week have
been moderate and with an increasing inquiry
and favorable advices from the seaboard and
intermediate points values have ruled firm and
higher, advancing two cents per bnshel from
last weeks quotations.
The Washington Agricultural bureau gives
the following concerning the wheat, corn and
a for
Wheat, acres sowu 1879, 49, 545, 900: yield per
acre, 1877; total yield AS, $50 600 bushels:
total yield 1878. 400. 1872, 400 bushels. Corn,
acres sown 1879, 52,0s5, 4Ol; yield per acre,
soS tesal yield 1901 57o total yield 1s7s
600; yield per acre, 2s.7; total yield, s65 OOO,-
600 bushels; total yield 1878, Al ZOO, 600
bushels.
The New York Produce Exchonge has the
following concerning the wheat supply and the
export trade: The exports from the United
States of wheat and wheat four to all Euro
pean countries have been for the last month
about thirteen and a-half million bushels, but
for the last week the shipments have been less
than this ratio. The United States, On the
basis of 425, coo, 900 bushels wheat crop, can
give no more than an average export during
the ensuing eight months of about ten million
bushels per month, and on the basis of 44S,-
600, 900 crop, only about 1885, GOO bushels.
The monthly requirements of Europe of for
eign wheat during the ensuing eight months
will be approximately 26,00O,000 bushels, and
if the monthly maximum supply shall only be
TO-, 600 bushels from all North American
ports, the question arises, from what source
other than North America, will there be to
make up about thirteen to sixteen million
bushels monthly supply from December to
Augusta"
The offerings of corn and oats have diminish
ed during the week, and with An increased in
quiry values have ruled firm with an advance
of from one to two cents per bushel since last
weeks writing.
The provision market has been active and
with moderate receipts of hog products prices
have ruled firm and higher at the revised quo
tations.
Business at the grocery houses has been &C.
tive and the market value of few staples has
| ruled easier with no marked decline.
The dry goods trade has also been good and
prices are exceedingly firm with quite num-
Der of advances.
The hardware trade continues active with no
material declinatiens in values.
The demand for boots and shoes, leather and
findings, clothing, carpets, hats and caps and
notions has been good, and all the dealers re-
port satisfactory patronage accompanied by
ready collections.
The drug market has been fairly satisfactory
both in amount Of sales and collections. The
volume of business is larger than ever before at
this season. Our market is the best in the West
to buy in and stocks in splendid shape for all
the trade that may come. The changes are
few and unimportant, articles heretofore over
| looked in the general advance are slowly, one
| by one, coming into line at higher prices, and
| the equalization will continue, although many
| articles seem for the present, at least, to have
| reached their limit. IL the country generally
| is prosperous, there will undoubtedly be ere
| long another general advance all along the line.
| 1t is, therefore, good time to purchase new
| stocks, or replenish old ones. Perhaps, in q
| series of years, there will be DO better chance
! for new start in the drug business in Mime.
| sofa or Dakota, and never more favorable
| chance to buy in St. Paul than now. In the
| market the noticeable changes are balsam CO
paiva advanced about IL cents; oil wormwood
| oil sassafras, oil sesame and oil cassia higher
| bromide and bichromate potass again advanced,
sassaflas bark, licorice, benzoc acid and
| santonine all advanced, the two latter articles
| quite largely. Opium, morphine, canary seed,
lower. Window glass is arriving more freely,
| but is taken up very rapidly, SO that stocks
| are not accommodating. Senega root is lower.
Ginseng of best quality now commands the
highest price of the season. Noyes Bros. Il
Cutler are buying at present on special order,
and for large. bright root are paying an un-
usual price. We commend the St. Paul market
to the careful examination of every dealer, "a
in the matter of holiday goods and fancy ar
ticles our druggists stock was never before so
full, handsome and complete. The sales here
of these articles of luxury have been unpre.
cedented. showing how completely the idea Of
people, not only of Minnesota, but west Wis.
consin. Iowa and the Territories. ~
| The past fur season, although active in the
country, WaS ANYTHING but unsatisfactory tn the