Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-02-04
ST. PAUL TRADE.
Heet3y RepseiO of' the ST. Pau 8arlsets.
OFFICE OF TGg GLOBE,
ST, PAUL, Jai. u, 1880.

OFFICE OF TIE GLOBE,
81. PAUL, JaL. q, 1880.
An active movement Is reported IN meroan-
tile circIas during the pas. week, aad for this
season of the year trade has continued re
Inarkably good, the volume of business being
twice Il, iafge as for the corresponding season
last year. rs previously iaimI,cd extensive
urepa-a;Ions are III progress IN meet the &c,
quirt ueuts of the T.: sung spIlng trade. ard
tae pr spccts for unusually active season
sic exceedingly good.
TIE wholesale and ipbbug hous es have en-
Inyrd a good order patronage. while the lead
lug merrhauta have received calls tr. IN quite
4 number OF countrc purchasers. The fine wiz
ter weather of the past few days, cumpauied
by a liberal down all OF snow, has aded re-
ueweI impetui 10 all departments of business.
and The outlook is more enceUrag .ng than at
any time daring th0 season.
The recelrts OF corn ard oats have Dceu more
literal than for Tie wee k preceding, the oter-
iues OF the former ccreal being VI excess Of
the demand. With moderate inquiry values
have ru!eI lower as s.iU ue seen tv reference
to the revised quotations. The provision
ma kct h.l, been fairly active and no material
change has taken place il prices.
The fluctuations iii values have not been as
mark ed rs ON previous weeks OF the season
while prices are generally firm and IN some in
stances higher with = strong upward ten
deucy.
The grain market has been fairly active and
with measre offerings OF wheat and brisk IN
qu1y. Values have ruled firm with ma
terial change from Last weeks quotatIo l..
Reg riding he aJnuunt II wheat in sight and
the condition % tho growing crops recent
i-sue OF In; New York Prof. &c Exchange Re
porter and Corn Trad List h;s the follow.
ing: With more liberal shipments frnm the
coast and hguJ receipts here and ut the lake
purts. we tnd the qGa"tity in sight materially
reduced and j. nov 81 ,6j5,liS bushels agans
I is. G75 SO bushels the spondiug Week las
! y,ar This Is a liberal supply for the close OF
| rhe fifth month of the cereal year. Our aG
wees to-day from Illinois. Missouri, Texas auC
! Kansas are highly favorable for the growing
/ crop. In the last named State, IN many cDUn
! ties, the promise is toat they Will have - pei
! c5uJ. more crop than last year, and to this add
! 80 f4er cent. Increase II the acreage and /
nothing should occur to mar the prospect tbs
result viii be extremely gratifying
! The same issue NJ .kes the following sensible
= ris aGout the recent 'bhOu wheat
! Iha itca thai prices VIII rule higher in Ma,
than in March, which has been the very eerer
| al belief. does not now prevail and q NOR
/ healthy condition OF the market is nov notice
able. The erroneous public impression, a1i
~h.ch is very general, that prices would ad
vance - the season advanced, Is no longer ia
urcdumiua.Ing Impression. Tae public hav
been mi>leu, n other words, educated to b.
li-ve tlat the worries supply was far below IT
/ ceqrirem 5ut,, nut Is th,ir mind became dIsa
bu,ei OF tbst fallscy or deception, they nal
uraliy change ttult ald try 20 save tnemselve
from severe losses.
Tuis "boom" IN WI at III timed, an
based upon intelligence 50 dece ptlve aud wide
spread, thar tie whole country has been InisleC
aud Us 4 rule. holders cannot he induced t
take step b backwards and /. Is III init To COL
viure them nf III. II error.
In speaking OF The requirements OF Greg
Britain and France the Mark Lane Express c
January II las the following: According t
a moderate computation 1t is estimated ths
the requirements Of Great Britain and Franc
Will reach Z u0UC00 quarters between this an
August, exclusive Of the quantity now atlpa
|; 1t seems scarcely likely that any marked rs
can be expected before May or June Undo
airy circumstances it will be necessary for III
American ring" to hold over stocks for som
time longer. Many OF The cary soVn field
, are looking well. The imports OF foreig
; wheat into London have been moderate an
American especially sInsl;."
In an exhaustive r,vIew OF tho war c
prices so stub5ornly waged by British oper
| tors on the wheat cl.Ques of America, in Sa.