Daily globe., 1880-05-03
THE WORLD OF TRAFFIC.

St. Paul Trade for the Week-Large Ship
ments of Merchandise to the Yellowstone
Sales of 126,SOO Bushels of Coarse
and Meal by st. Paul Dealers in April
Wall g. Bigelow's Review of the Week
TelegraphIc Reports from All Leading
Markets
ST.. PAUL, May 2.
Banking business last week, notwithstand-
ing the unfavorable weather, was considerably
increased over the preceding week and of a
character to show a healthy and active busi-
ness among our merchants and manufacturers.
Bank rates remain unchanged, with money
easy and regular customers promptly taken
care of.
In all lines of wholesale trade there is great
activity for the season. st. Paul has been pro-
lific in business "boons'' this year, and the
boom of last week was from the Yellowstone
country-there having been shipped to Miles
City and other Yellowstone points in two days
over $50 tons of merchandise of all sorts,
bought from our merchants. And yet they are
not satisfied and are looking for new worlds to
conquer.
During the month of April 47,25O bushels of
wheat were received into store in st. Paul and
81, 500 bushels were delivered from store. Of
coarse grains $4,000 bushels was received in
store at elevator A and l01, 800 bushels de-
livered for shi ipment or city sale. Adding 25,-
600 bushels sacked and transferred on track
without going into elevator, and we have 1885,
500 bushels for the total sales of coarse grains
of the month. OF ground feed and meal thir-
teen houses report sales amounting to 156 car
loads, or 1872 tons. These were all handled
here. Adding sales in transit reported, 81 car
loads, or IA tons, and we have total of 1873
carloads, or 2,3l6 tons. of ground feed and
meal sold by our dealers during the month.
w. Weis & Son, manufacturers of the North
Star egg cases, having their factory at Bur-
lington, Iowa. report that they sold in st. Paul
during April 800 complete cases and 500 sets of
filters. The total sales Of the month through
out the country amounted to S,Qp0 cases-St.
Paul alone taking one tenth, besides the new
filters for 500 old cases. Remembering that
our commission men and the dealers who ship
to them had thousands of cases on hand at the
beginning of the month, AID that the 800 new
ones were required for the increase of the busi-
ness and the reader will understand that the
st. Paul egg trade of April was big thing.
Wall & Bigelow's st. Paul circular of last
evening, with especial reference to the grain
and provision trade of Chicago and Milwaukee,
Wheat closed steady after week of very active
markets. The highest May wheat sold in Chi
cago was $1.l6; the lowest, $l.l2I; closed,
1.l2sI. The highest June sold ia Chicago was
$l.12; the lowest, $1.07&; closing to-day,
81 1O%. The highest July sold was 81. .069S;
the lowest, $l.OS1a; closing to-day, $l.05%.
May wheat shows an advance from Mondays
opening to the close of to- day of 10; june an
advance of 2lc.; July an advance of 21c.
nko =; ;oLo Moxy wa E<aa
$l.12sl; the lowest. $1.08a; closing to-day,
$l.0S14. The higher June sold, .lOM;
lowest, SLOTS. May wheat shows decline from
Mondays opening to the close of to-day of 1I,
while June shows an advance of 11sc. New
York the first part of the week was weak and
heavy, but closes stronger. Red winter shows
an advance of 0slc. from the lowest point. The
York, is ITO, 900 bushels, decrease of 977 0O0
bushels. Exports from all seaboard ports for
the week 100000 bushels. Provisions ruled
active and strong the entire week, the highest
pork sold at $40. 2219 June; the lowest 1886.
Pork shows an advance from Mondays open
ing to the close of to-day of 25c. per bbl. Lard
steady, and about the same as last Mondays
opening. Short ribs close about the same as
Mondays opening. Corn very active, the week
closing about 36c. higher than Mondays open
ing. Oats 5sc. higher than last Mondays
opening"
Three million dollars in gold has been added
to the Boston banks within three weeks, and,
there being scarcity of greenbacks, gold is
in common use, and is complained of as being
inconveniently heavy and bulky. If the bust
ness "boom' continues a year or two bankers
and merchants will be calling for an increase
of legal tender currency.
An Eastern exchange says ''The paper trade
is not as active, nor are prices as well sustained
as earlier in the season, though it Ia thought
that prices will not fall much below present
rates. The agitation of the tariff question has
had tendency to depress both trade and
prices, yet wholesale dealers and manufactur-
ers are confident that prices will not go much
below present rates."
The Boston Post remarks that crockery i'm
portations are heavy, with an encouraging out
look for the trade.
A London, England, dispatch Of yesterday,
May 1st, says: ''At the wool sale to-day i, 800
bales were disposed of-chiefiy port Phillips,
Sydney and New Zealand. The sale was not so
we'll attended and prices barely SO firm bat
they are not quotably changed"