Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-04-27
CASH AND COMMERCE.

The Seeding Season Trade in st. Paul-NOt
a Good Outlook for Next Months Wool
Sales-Wheat Advanced Under Heavy
Buying Orders Provisions Firm and
AdvancIng-The Correct Representation
of the Globe Horoscope" of Thursday
Last.
ST. PAUL, April 81.
Business at the banks was rather brisk yes
therday, as usual on Monday, but without any
significant features. Trade in groceries,
though much lighter than in the first half of
the month is heavy for the season and there
is a moderately active trade in dry goods
drugs, hardware and other lines of merchan,
disc, with prices steady except in drugs and
hardware, and no import changes to note to-
day in these. There were no receipts of
wheat Yesterday and quotations are nominal.
Corn and oats, with frmer prices and a slight
advance ON some varieties are moving some
what freely, but in lessening
volume. Produce and provision
values are generally steady. Eggs are firm at
Sc for incoming lots, and potatoes are weak st
lS620c for carload lots. Hides continue sala-
BILE at quotations. though the Eastern mar
cline. Tallow dull at 4$4c for No. l. The
unsatis factory tone of Eastern markets does
not promise good sales for the Minnesota crop
of wool Shipping buyers are at present in
clined TO hold off until the Eastern markets
are settled and local buyers will be apt, there
fore, to place low values on the product, But
up TO this time indications are that within
few weeks the manufacturers will have to be-
gin buying domestic woods, as they cannot
proftably import any more foreign of similar
qualities this season.
New York dispatch of last evening says:
Tho dry goods business remains quiet with
manufacturers agents and importers. Cotton
goods in light demand, but the best makes of
plain and colored cottons steadily held by
agents. Prints quiet in first hands. Cling
hams, lawns and dress goods in moderate re-
quest. Wooden goods quiet and firm. Foreign
goods continue sluggish"
The packers of Chicago have signed an agree
ment that on and after May 18th they wi buy
hogs only subject tc reduction of 25c for each
ham found to be bruised by spikes or brads.
Drovers and stock yard men will understand
what that means.
The Chicago dealers are said to be heavily
stocked with nails and trying to unload. 1t is
q fact that in face of the nail makers late
agreement to continue the suspense of produc-
tien, the Chicago dealers sold down last week
from S4.75 to 81. One firm is SAID to have
put about 1900 kegs on sale last week.
The stock of wheat in New York Saturday
night was of all grades, 2, $4,000 bushels,
decrease of $4,000 bushels during the week.
But the amount now going forward by the
lakes will soon begin to increase the New York
stock, unless exports are greatly increased.
The Chicago and Milwaukee wheat markets adj
vanced yesterday under heavy buying orders,
attributed to ''the clique" The New York
market was firm and fairly active.
The GLOBES horoscope" of the Chicago
market for last Wednesday (see
Thursday mornings paper included the fol-
lowing regarding provisions: This is the
deal TO make big money. The low prices of
all KINDS of the product are attracting atten-
ton among The whole world and the first in
gets the wealth. The undertone is strong and
for fact the dealing shows healthier feeling.
This property has been kicked around so much
of late that confidence was lost in it, but don't
you forget that it's like picking 800 gold pieces
up in the street to buy anything in this line"
The author of the horoscope" generally uses
GLOBE sight and strikes the mark square
ly in the center His correctness was shown
by the fluctuations of provision values the
next three days, but more especially by the
tirmness of advancing prices yesterday. Here
are the closing prices of last Wednesday aud
Yesterday: