Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-12-08
COMMERCIAL.

The Weekly Review Shows Steady De-
cline In Wheat on Call-It is Rather Inn.
proved on tho Street-Fair Jobbing Trade
in the City and Good Collections-Lum-
Der Firm and Observation-Disclosures by
acknowledgements in Stocks
Government Bonds Stronger-The Strin-
gency in the Money Market Eases Up
The Wheat Market Quiet in New York.
ST.. PAUL, Dec. s, 1880.
The weeks business on the call board has
been practically conducted on falling market,
although prices have been steadier for the past
three days. There are no shorts, or if there
are such, they don't show up, for bids in wheat
are non est.
Corn has ranged mainly uniform during the
week, and is firm in holders hands at present
writing.
Although oats show but little fiuctuation,
| they are sharply looked after, and yesterday
were strong in the hands of holders.
Barley is one of the strongest staples
on the market, and although it
receded little on lower grades,
yesterday, may DC counted nOmlnallY unChang-
ed. a curious feature of the deal Yesterday
| was that No. 3, common, for December, ad-
vanced SC over quotations of the day before.
Rye has not been much sought after, but in
| the latter part of the closing week has held
| steady.
Although ground feed is scarce, quotations
have shown no pronounced improvement, but
| speculation has been chary of taking hold of
it, notwithstanding its scarcity. which is fully
| as much felt as week ago.
Corn meal, though scarce has risen but little,
and quotes only quarter of dollar hig her
| than a week ago.
| Bran, flax seed and baled hay exhibit no
change for the last few days. Large quanti-
ties of loaded hay are on the market at from
| SO to Sl1 for wild, and from $12 to $13 for
timothy.
| Pork has fallen into the doldrums, and is
lower, for dressed and live hogs.
b. We give Tssas ssiS below" IS No. l.
No. 2, do. 75c asked. The above for cash
deals. For December delivery No. is held at
92c.
Old corn. No. 2, is held at from 40@41c for
cash; No. g. new, got no call, while No. Q, for
May delivery, was bid at 43c, with buyers and
sellers wide apart.
Oats, No. 2. white, quoted at Soc, held at 31c;
no bids on No. 8, white, but held firm at 3O11 &C.;
No. 2, mixed. bid at 1880, and soc was asked /;
No. 3, d. $3.50 bid, and held at 29c; No. 2,
| delivered during the month, bid at 29c. All
other quotations are for cash.
Barley bid 75c for No. cash; No. common
55c; No. extra Csc for cash; December, No. Q,
| Csc.
Rye unchanged, at 72c bid.
Ground feed unchanged, and $1,000 bid.
Corn meal, $l5.25 bid.
Bran steady, at $500.
Flax seed still dull at Csc.
Baled hay, $1,000.
| live h0oR lower and 0uOfe1 Mt M
Dressed hogs quote at $3.50.
One Car of feed was sold at the ruling price.
Wheat is going into Duluth in enormous
quantities; so much SO that facilities for hand
ling it are taxed to their utmost. The drop in
eastern markets is accounted for by the selling
out of those who bought ''long," as it is called,
and by the great quantity of wheat now in
sight. There may be slight raise in this sta
pie before the holidays, but the chances are
against it. Street trade in wheat is improving
| a little, and prices range as follows: No l. GOO;
No. 2, SIC; No. 8, TIC; rejected, SIC. Coarse
grains, especially oats, in strong demand and
moving freely.
Pork is coming in in considerable quantities
from below, which accounts for the drop in
| prices.
Street vendors are bringing in beef enough
to give the market weaker tendency.
Hides are sick and off half a cent here. Pri-
ces have been maintained in the city by local
Dealers in hopes that an equality could be
held up between hides aud leather, which will
advance about the first of the new year. Re
| ceipts are very heavy and the eastern market
| shows decline of Il of cent more than st..
Paul quotes. Probabilities are that hides will
go still lower.
Wool is reacting from the advance and is
weaker. The near approach of settling time
at the beginning of 1881, and the stringency in
the money market at the present time, are fac
tors in the solution of the question regarding
the decline of values 10 all speculative articles
| of commerce. and still furtherldepression may
be looked for with confidence.
Groceries stand firm but unchanged this
| week, with big trade and prompt collections,
Leather and findings same as last week, also
boots and shoes.
Lumber shows extra heavy dealings for this
time of the year, and stocks are much broken.
Prices remain nominally unchanged by job
bers, as shown by the list given below:
The variations in drugs, paints and oils,
| with drug sundries, as reported by Noyes
Bros. d Cutler. show an upward ten
dency, except in iodide of potassium, which
drops from $2. rs to $2.65.
| The wood market is still sadly out of Joint,
supplies not being commensurate with de-
mands. People who order wood have to wait
from five to seven days before they can be &C
commodated. Prices are herewith given.
In country producs the reflections from
former quotations are few and insig uifcant,
!
and hides, whose status has been already de.
scribed. Dressed poultry holds its own. and
is perceptibly stronger than last week. Pota-
toes are not coming in, because of the cold
weather, and prices are stiff, but at old quota
tions. Eggs rate at from &c to 23c, and are in
good demand, but not extra supply.
Seneca root is out of the market-gone to
meet ginseng.
Flour is firm at previous quotations, not
withstanding the drop in wheat.
Ground feed is still scarce, and SO is corr
meal, although he.price has weakened little.
Hardware gives no change worth noting.
Finished iron and steel is in the same cate.
CORY.
In fruits the trade has been dull, consequent
upon the frigidity of the season. Prices are
appended from Presley's price list:
Apples-Choice Michigan, 80 to 90. rs in
small lots; Missouri Genitons, 1925.
California fruit-Very scarce. Pears, $4.5
to S.; plums, 81; Tokay grapes, 20 pound
cases, s. IS; Muscat, $3.50.
Malaga grapes-Half barrels, SO to $6. so ;tar.
rels, $3.50 to $40.
Oranges-Louisiana, per barrel $3.50, box
$4. so.
Lemons-$7 to $3.50 for good to choice.
Oysters--Plain Standards Csc, standard, Soc
standard selects, Csc; selects, 40c.
Figs-New layer, 22c. Light crop and
high.
Dates-New, in skin trails, &c.