Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-05-26

in which the best of securities have been obtained by
liberal concessions from the rates of interest pre-
yailing until few months ago. Government bonds
are held for sale by the banks at New York quotations
by the day, and are bought by them at 40hc less
Coupons of NEUTRALITY-SUSPICIOUS..
New S. coupons ACKNOWLEDGEMENTS, i00,>
New AVS, coupons. .............. .IVyA4SgtUS12
New AZ, coupons 1Ot y ygtO, e
Pacific 6s OF '95..-.-....
The dry goods trade of this city is brisk for the
time between its of activity, with prices gen.
orally firm. Since our last review decline OF &c
Is yard has been established in Indian Head, Wa
chusetts, Badger State LII and Lawrence LII sheet
inGs, and also in Harmony and Lodi prints. Inc
grocery trade continues unusually large for the sea-
son, with no changes of value in staple goods A
decline in wooden IS noted. In the drug trade
advances noted in tartarlc acid and pure cream
tartar and declines in balsam copaiv, borax, lin
seed and lard oils, gum opium, morphine oil berga-
mot and spirits turpentine. The discount on win
dow glass is changed from 40 and TO 90 add 5. The
hardware trade is reported good for the season.
Nails are again reduced Csc; the card rate being
now $3.50. In metals and heavy hardware
there is an improving trade. Common iron,
horse shoe iron, and cast plow steel
are marked down this week. Dealers
in leather findings and dealers in boots and shoes
report irst-rate trade for the season, with no late
changes of prices. In the latter line quotations will
probably have to lie raised some time next month,
after contracts are closed with the Eastern manufac
turers for the fall STOCKS In southern and foreign
fruits there large PRICES SJeaQyy
except for Strawberries which vary from day to day,
according to amount and condition of receipts.
Saturday and Monday the first receipts from Central
Illinois we're In fine condition, and sold at 81 per
case. Yesterdays receipts were in poor condition,
few lots being ut to bear further shipment and
prices drop ed to S3.259S so per case. Dealers in
fireworks are beginning to display large stocks,
laid in probably in contemplation of demand for
political rallies well as for the usual noisy patriot
ism of the nations birthday.
New York dispatch of last evening says: "In
Cotton goods in light demand and pepperel and fine
brown cottons reduced by the agents. Prints dull,
but gnghsms and lawns in fair request. Dress goods
quiet and steady. Mems wear woolens In light de-
nand with prices unchanged. Foreign goods quiet -
In grain and produce late dealings the most re-
markabe feature of the local market is the sudden
yielding of the independent position which was
Inaintane for several weeks by the local and neigh
boring milling demand. Instead of paying nearly
the prevailing prices of Chicago and Milwaukee,
buyers here are now figuring on shipping values,
though they do pretty we'll in paying within sc OF
Milwaukee Receipts are light and in some quarters
It is thought there is less of reserve in hands of
farmers t0 come forward than has here
tofore been estimated. In other quarters it
is said the farmers are delivering their
wheat and storing it in country warehouses; intend
ing to hold il for rise till the June deal at Chicago
has developed. The trade in corn and oats, which
has been ptiOnally large all through the season
continues with q brisk demand for supply of the
new settlements, where break Dg teams at work,
has to the when dealers begin to antici
falling OH the demand, ana yesterday Qif-
ference of IDlc per bushel all round was developed
between buyers for the trade and commission sell
lers, the former demanding reduction from the
rates of last week, and the others holding OFF for
steady prices. Provisions quite steadily held,
considering the fluctuations OF eastern markets, for
the ordinary transactions of this Market but large
buyers are undoubtedly obtaining con-
siderable concessions from the standard
quotations. The supply of butter has latterly be-
come so large as to revive the shipping move nent
with prices here off about two cents from late quo
tations choice commercial grades yesterday selling
ct 1SG2Qc; common shipping grades at 13O16c; and
grease at 1000 Eggs are scarce, and were yester-
day firm at sc to first parties. st. Paul buyers
of hides continue to pay late quotations, notwith-
standing the present dullness of Eastern markets,
under which selling prices East are shade lower.
In wool there is little doing and quotations are nom
nal In the East there are sellers, but no buyers to
meet their prices, and until values are settled East
the Minnesota clip will mostly remain in possession
of producers.
This seasons boom throughout the wholesale trade
of ST. Paul was fairly illustrated yesterday by the
remark of the manager of one of the largest stove
warehouses In the city. "Why, there was nothing
like it till now ne said. ''Not day passes 10
which do not have an order, and the lots taken
will average twenty daily A few years ago wouldn't
have expected to sell one stove at this tine Of the
year OF course the demand now is for cooking
Stoves aud from the frontier for the supply of the
new settlers. 1t looks as though we would have q
very large trade in heating stoves next fall
At the meeting of the subscribers to the board of
trade, held yesterday afternoon at the office Of No
~
former organization, but to establish new
oae committee accordingly appointed to
prepare articles of Incorporation, aud another COM
ittee appointed to procure rooms for the use or
the board both of which committees to report at
au adjourned meeting Saturday afternoon next
The project OF raising fund for building will be
further considered hereafter,
A. o. Bailey shipped for the London sales Monday
81 bales of fdrs estimated to be worth here $5800O.
These valuable furs mostly collected in the
Lake Su erior country but a part of them came
frOYro thnpu and Goptp
From the sections in the southwestern part Of this
State, where grasshoppers we're Still feared, the
cheering report comes that there are none The
season is so far advanced that no danger can now
be apprehended from the eggs deposited in that
region last fall. The breed has run ont, and the
southwest counties are in no more danger of a new
raid from the supposed Rocky Mountain homes of
the yorAcous insect than is any other part of the
Mississippi valley. Crop prospects In the southwest
counties in all parts of Minnesota in Dakota, and
in northwest Wisconsin,, are all favorable.
Wall & Bigelow's st Paul circular of last evening
says: "May wheat in Chicago acts If it was cor
nered but the impression is gaining ground that the
CLIQUE have sold out their interest in the deal for
June delivery and going to quit the market. We
tuin6 the deal very danger one just at present"
In Cincinnati yesterday -four was weak, but wheat
scarce and firm No. red sold at 81 H. and No. 2
amber at 81 10. Whiskey was i'll active demand at
an advance to 81 OF. In Toledo wheat was weak.
No white Michigan sold at Sl.13 and No. amber
Michigan, spot and May at $l.16A.
The foreign exports of wheat from the Atlantic
ports during the month of April were 1871 $50 BUSH
els against 6,941, 125 in the same month last pear.
About thirty thousand head of cattle have been
started for CALDWELL Kan where cheap railroad rates
have been offered, Secretary Ramsey having reveksd
the order which rival railroads cunnngly obtained,
forbiddiug the cowboys from driving across the
Kiowa and Comnanche reservations. This big
drive will arrive at Caldwell June Nth to June Goth.
The Boston Post of Sunday says of the boot and
shoe trade, that It ''remans quiet with the excep-
ton OF heavy boots, wax and kip, for which there
has been little doing. There is an active business
in the line of samples, which manufacturers think
Ominous of good. There reported more than
sixty buyers from different points, prospecting in
reference to future orders In regard to prices little
need be said when there is nothing to say. The
point most important now with both manufacturers
and bu OF goods Is, whether present prices are
to be sustained, or whether goods will be higher or
lower than at present. Hence the delay in placing
orders. When this question is settled business will
be active
Manager & Avery's monthly wool circular says
1.-THE wool market since our last circular written
has continued intensely dull The strongest efforts
to influence sales either by reasoning the Offering
of seemingly tempting bargains, has almost invaria-
bis failed and dealers nave become or less dis
coursgad in consequence. The decline in almost
every other commodity has had its influence, par.
tculary upon those spectators not among the regu
lar dealers.
1t was the general impression of the trade that
wool would open so high in the country this spring
that there would be no margin over Eastern values
the recent decline (Which in absence of sales, We
call about 10 per cent has revived hopes OF opera
tons, particularly values in those sections where
the wool has been clipped have declined, from the
extreme figures first asked from to l2c per pound
Manufacturers generally have supplies sufficient tC
keep them out of market possibly for two three