Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-03-25
ST. PAUL TRADE.
Weekly Revie,u Of the St. Paul Markets
OFFICE OF THE GLOBE,
ST.. PAUL, March %, 1880.

past few days has stimulated business In the
several departments of mercantile trade, and
the movement has been characterized by a
more satisfactory activity. The unfavorable
weather, however, which signalized the begin
ming of the month undoubtedly offered ma
terial but temporary drawback to many Of the
important lines of trade, and the full opening
of spring business has been prolonged some
what beyond the usual period.
The jobbing and wholesale houses at this
time prevent scene OF unusual hustle and
activity. and the extensive stocks everywhere
noticeable indicate that dealers have gene to
unusual OUTLAWS in preparing for an enlarged
and decidedly active movement and there is no
reason to doubt the realization of their most
sanguine wishes.
A large order patronage is reported by all the
foremost houses and agents who are now can
wasting for spring business forward the most
encouraging accounts of the prospects. Col
lections have been made with satisfactory
promptitude, generally, and maturing obliga-
tions are acknowledged with better spirit of
accommodation than previously reported. The
receipts Of grain have been light and shipments
to Eastern points have continued CORE
spondingly limited. The market has been char
acterized by moderate activity with ready de-
mand for all offerings.
downward tendency of eastern markets values
have undergone material decline, ruling sew
eral cents per bushel lower than last week 6
quotations. In regard to the growing wheat
crop in the winter wheat States, the Cincinnati
Price Carrent has returns from 300 points in
the West indicating generally uniform and
favorable prospect, notably in Ohio, kentucky,
Indiana Michigan and Nebraska. The reports
from Illinois speak of too much wet weather,
<hori been
too dry for the growing crop.
The present outlook, however, ID encourag-
ing. being favorable for generous yield OF
winter wheat with increased acreage in large
number of sections The returns from the
spring wheat, which are meagre, indicate a
vastly increased acreage. The visible supply
of wheat is estimated at something over H.
600 600 bushels against nearly 81, OOO, 900 BUSH
els this time last year. The export clearances
have been more liberal than for proceeding
weeks of the year, but are far below the ship
ments for the corresponding period last year.
In speaking of the requirements of the
United Kingdom. a writer in recent issue of
the Mark Lane Express makes the following
significant remarks: Considering the inrOads
made on stocks through consumption, the &C
knowledged requirements of the United King
dom and the Continent. and the reported sca,-
CITY of reserves in Russia, the present position
is in every way calculated to strengthen the
hands of merchants; and, should America per-
sist in her determination to starve rather than
ship at about present prices, the conditions OF
a further and material advance cannot be
questioned.
The offerings of corn and oats have been
eouaI to the requirements of liberal demand
and values have ruled steady at last weeks
quotations.
The provision market has been active, and
with light receipts of hog products values have
been firm.
The supply of dressed hogs has been light
and the demand is exceedingly active.
Business at the wholesale grocery houses has
been good, and prices have generally ruled
steady. The demand for dry goods is in
cressing, and the leading houses are enjoying a
good patronage.
Several changes has taken place in the prin-
cipal fabrics, as noted in the revised quotations.
The hardware trade has been fairly active
and no material change is reported In values.
The drug market has been fairly active and
with important changes in opium, morphine,
etc. Opium has advanced $1.75 per h.; NOR
phine, rs cents per o.. quinine, IS cents per
o.; balsam Peru, 81 per lb.
The ATTEMPT to benefit the public by an act
of injustice to the American quinine manufac-
turers has proved failure.
The Pellatin quinine mandatory, in Maine,
the largest in the world, was totally destroyed
by fire, recently. Citric acid, oil wintergreen,
lemon, etc., have advanced. few goods of
minor importance are lower, but the general
tendency is towards an advance.
Timothy seed scarce and high. Clover seed
lower.
The demand for boots and shoes has been &C.
tive with prospects for an unusually active
seeson. The indications favor material ad-
vance in prices and New England manufacture
ers refuse to fill orders for lines of staple goods
except at an advance from former prices. The
movement in leather and findings, hides, furs
and wool has been fairly active at former
prices. The demand for clothing, sundries and
notions is active and prices continue to rule
steady.