Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-04-30
BUYING AND SELLING.

A Quiet but Not Dull Day in st. raul
Valuable Fur Shipment-St. Paul One OF
the Principal Fur Collecting Points-The
Lake Wheat Deal-Telegraphic Reports
of Leading Stock and Produce Markets
of the East and England.
ST. PAUL, April 80.
At the banks and among traders in st. Paul
yesterday was a quiet but not dull day, there
being just enough business to give cheerful
color to trade prospects, The elevator folks
were kept quite busy in receiving wheat for
warded by rail from interior points and In de-
livering oats ordered for shipment north and
west. Shipping buyers bid for No. wheat in
wagons 81, but all receipts were taken by mill
ers who paid 81 OF for No. 2 and $l.O5 for No.
l. Stocks of coarse grains and millstuffs are
kept from accommodations by the large demand
and prices are accordingly firm and Unaffected
by the fluctuations of competing markets. An
advance of 81 per Dbl. on green apples was es-
tablished yesterday and Simultaneous
ly our leading dealers intro
duced neat box package, holding
nearly bushel, and offered repacked apples in
these packages at 50 per box. Buyers of hides
here continue to pay the prices of early spring
and profess confidence of an early recovery OF
the Eastern market from the lately established
decline. MIR. A. o. Bailey, few days ago,
shipped a car load of furs, valued here at
$4U, 000 consigned direct to O. nj. Lampson d
Co., London, for their July sale. A large con-
signment of furs collected by Mr.. Baliey's
agents in the Lake Nipigon country, and IN
tended to be sent to London with the Shipment
of this week, are waiting a boat at Prince
Arthurs Landing. Lampson d % are the
leading fur dealers of the world and have the
handling of all furs shipped to London except
those shipped by the Hudson Bay company,
and their sales are the most important events
of the year to fur buyers. The partner resi-
dent for the time in America, Mr.. Alfred
Fraser, is expected in st. Paul to-day, to re-
main here for few days. As st. Paul IS one
of the principal fur collecting points IN the
whole world, it may be pertinent to state here
that no other American city contributes 80
largely to the great fur sales of London and
Leipsic Our buyers collect their furs IN all
parts of the Northwest, from Lakes Michigan
and Superior to the Rocky Mountains, and
over a large portion of the western British
provinces.
A New York dispatch of last evening says:
1.-THE dry goods business remains quiet with
commission houses and the jobbing trade slug
gish. Cotton goods in light demand, but the
leading makes of plain and coiored cottons are
steadily held by agents. Prints quiet and I'M
changed in prices. Ginghams moving steadily.
Mems wear woolens quiet but generally firm.
Wall & Bigelows st. Paul circular of last
evening says of the Chicago Milwaukee wheat
deal. 1.-The market has very strong appear
ance. Local shorts are not very large, but
country and outside markets are undoubtedly
short IN the aggregate good many millions OF
wheat, while the clique hold the deal on
both May and June. We are also advised
that they own a large proportion of the
amount afioat TOR the other side, and the press
ure there we may reasonably expect to be less"
Of the Chicago provision market the same cir
cular says, "The deal has now worked into
strong hands,"
Chicago Tribune: "The boom seems to be
working out of the hides along with the grubs.
Since the 1st of April light green cured hides
have declined nearly 1c per ID. Lower prices
are always expected in the spring, because
hides are poorer than in the cold months, but
the leading reason for the break now appears
to be the big importatiOns of foreign stock at
the seaboard. The advance last fall brought
world, and tanners, having supplied them
selves, have almost stopped buying. The re-
suit is overloaded markets.
An Eastern exchange says: "The furry IN
wool seems to have crossed the Atlantic, and 1t
is not unlikely that much of the foreign wool
now lying in bond at Boston and other Eastern
cities will be exported to London. 1t is said
the ocean transportation charges will not ex-
coed Il G per ID, and at the London auction
sales prices are advancing. The coming clip
of the United States is estimated at 200, 00O,-
600 lbs, and the fact that this new wool Is be-
ginning to appear in the markets IS producing
weakness here, notwithstanding the strength
abroad"