Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-06-02

| premium. and sterling small DIS at Sf.J0.
Government bonds are held for sale by the
banks at New York quotations by the day, and
are bought by them at A@75c less;
Coupons, 1881 ................ lVo4G0IOo5:
New 6s coupons !o1 a@SiOo
New AIS ex. coupons. ......,........ 1OSA4glU9h
New As, coupons. ACKNOWLEDGEMENTS. 1OS9s @!OSss
Pacific IS, of '95. OBSERVATION-DISCLOSURES. 122%Gol9lA
Bar silAer was quoted in New York yesterday
at ll41l.
New York dispatch of last evening says
Cotton goods are rather more active ir first
hands but the general market remains quiet
Wamsutta and New York Mills bleached shirt
Jugs are reduced 1c by agents. Prints con
tinue dull. Lawns in fair request and wide
prints jobbing fairly. Dress buntings are in
good demand. Mems wear woOlens continue
| quiet and steady.
At this late date for their spring trade the
| iObbers have been doing a much larger trade
than usual. Country dealers are buying freely
| and paying promptly. The decline in prices
of few leading cotton goods has
been met promptly by our joobers, aud
their customers feel that the st. Paul
dealers are right on time to meet the prices OF
the Eastern market. Upon examination of the
latest Eastern jobbing price lists we md our
| st. Paul jobbers as low on all kinds OF dry
goods, and on many Western made goods be-
| low them. A great many dealers from differ
|
the past week, aud report the best of prospects
| for the coming harvest. Our wholesale deal
ers, from the encouraging reports OF the retail
| ers and their greatly increased trade from the
unprecedented immigration to Minnesota and
Dakhta, are making calculations and arrange
ments for much larger trade the coming sea-
son than ever before.
In groceries, iobbers and prckage dealers
have Just closed the heaviest months trade
ever known in st. Paul. The constantly in
creasiug area to be supplied from this point,
and the greatly increasing population to be
| fed has continued the rush with. which the
early spring trade set in, with little diminu-
ton quite up to this time, with promises of
lasting the summer through. In our price
list of to-day we note declines of canned goods.
fish, soaps, sage, cheese, hominy, cordage and
wooden pals.
In the drug list. declines are noted in citri2
acid, balsam copsf6e American calomel. gum
opium, morphine, quinine and spirits turpen-
tine
There is but little trade at this season in
leather and findings. or boots and shoes, and
no changes of values have lately occurred.
There are indications, however, of coming
changes in certain classes of leather which may
come within q week.
The hardware trade, which was lively until
recently, is supplemented by the trade in farm
implements, The demand for which has never
been larger. Dealers have all the business
they can attend to. Nails are unsettled in
price, and concessions from the card rate are
obtainable on large orders. Gable chains are
marked down. Common and horse shoe iron
are quoted 25c lower.
Articles of incorporation of the new st. Paul
board of trade were filed yesterday. and are adj
vertised in the DAILY GLOBE this morning. The
exchange will be established, probably next week
in the second story rooms EOf Princes block
(opposite the Merchants) which were lately &C.
cupied for the offices of the st. Paul. Saltwater
& ylors Falls railroad company. It is be-
lieved that the grain and produce traffic of St.
Paul has developed to such an extent that all
dealers begin to feel the need of an exchange
and it is thought that before fall the business
Of the CITY in these lines will about all be
transacted there. That will certainly benefit
and strengthen the market and tend to con-
firm St. Paul in its commercial position.
Grain buyers for shipment say that No. 2
wheat is not worth here quarter cent more
than 85c a bushel and they add that if
favorable crop conditions continue till mid
summer there is no telling now where wheat
will go. 1t may be worth as much As 75c., and
it NAV not be worth more than Soc. Very lit
tie wheat is coming in going forward, and
the belief is strengthened that there is not much
left to come from the country.
The trade in coarse grains, increased by the
large needs or the new settlements Wnere
thousands of breaking teams are employed,
continues active, with price firm, and will pro-
Sably be heavy until harvest time
The movement of corn to Duluth from
store here and at Minneapolis and from the
southwest continues quite large.
Provisions are steady IN prices with a mode
rate demand. In butter there is q wide range
for quotations and equal uncertainty of values.
Country merchants cannot be too careful in
buying The receipts are too large for the
home demand and prices must come down to
the shipping range. At this date, packers and
shippers, governed by New York prices, are
offering only 10@1015c for grass butter, For
eggs, supply and demand being about equal,
the market is quite steady.
The trade in foreign and southern fruits is
large, with prices generally firm. and wholesale
dealers we'll supplied. The Michigan straw
berries, with which the market Is now sup
piled, are put up in sixteen-quart cases, which
sell at So for prime shipping berries.
Hungarian grass and millet seed, for which
there is Just now lively demand, sells at ST. so
per busheI. Timothy and clover are quiet and
lower, the quotations, about nominal, being
%. so for the former, and 81 50 for the latter
Wool receipt are small, and buyers, though
uncertain how the venture will turn out, are
taking all that comes, generally at our outside
quotations. In Chicago receipts are also small,
and dealers seem to be as much at / So what
to do as ever. The New York market contiu-
ues quite dull, with an entire absence of spec
ulative interest, and trade confined to the in
significant amounts now needed by msnufac-
lures.
Hides, skins, tallow and rags steady.