Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-06-23
ST.. PAIL. June Is

ST. PAUL, June
Money continues easy with the banks OF st. Paul,
with indications that mercantile collections are gen.
orally good and that the volume of general trade is
quite large for the season. The shipments of cur
rency East to make exchange continued, but will
soon cease. Government bonds are held for sale by
our banks at New York quotations OF the day, and
are bought by them at 401sc less, viz:
Coupons OF 1881
New S. coupons ....... ...............1 02A0103
New AVS, coupons. !OS5seg!US1
New AZ, coupons IUo14V1IOo12
Pacific Is of 1895 -. ..................12 1924 D1224
The Chicago Tribune of Monday remarks: "The
currency movement at this point has been remark
able For year and half the current has been
substantially outward. There has been no such re-
turn flow there used to be. If this fall the crops
and the demand for them are good there will be
great scarcity of legal tenders at Chicago and New
York and the silver dollars now piled up in the
treasury will be saving addition to the circu-
lation.'
the past week generally reported fair to large for
the season In the line of groceries and in all class
es of frontier supplies there have been heavy sales
the growth of the new settlements having created
demand which keeps up the summer trade to active
proportions. In the line of dry goods
we note this weeks reductions by st. Paul wholesale
dealers on heavy brown sheetngs cambrics, bleach
ed cottons, corset Jeans and fine brown sheetings,
which are based on concessions by Eastern jobbers
and not on the prices at which manufacturers hold
their goods This Is not unusual at midsummer,
when jobbers who find themselves loaded with more
goods than they wish to carry seek to unload by tenn
porary reductions of prices, which cannot be safely
taken as indicating the turn prices will take when
the fall trade opens In groceries, reductions are
made in raisins trout, white fish and herring and
advances are noted in canned peaches, tomatoes,
corned beef and pickles. Sugars, A to grades In
elusive are advanced NC. This advance Is said to
be caused by combination of the New York re-
hners to limit production Further reductions
are made on cordage. In the drug
trade advances made on gum
opium, morphine. quinine spirits turpentine and In
spected carbon oils. Reductions are made on cam
phor and hnseed oils. The advance on opium Is 81.
In hardware prices continue weak, with no quotable
changes except reductions tin plates and sheet
iron In the leather trade lower ranges of prices
are made Buffalo Spanish sole best oak sole, light
French calf and hemlock kip veal.
The produce trade of the past week has been light,
as compared with the third week of last month. and
prices are in instances little lower. Barley Is
ND to the highest prices of the season, and is scarce
and wanted. There is active demand for butter
by packers and shippers, but at shipping range OF
price Of wheat. The fruit trade is very
active with unusually steady prices, but
supplies of shipping qualities somewhat irregular
Ginseng and root are taken by buyers IN any
quantities offered at 81 and SOC per lb respectively
Hides are unchanged in prices here though lately
weak in Eastern markets. New vegetables are in
larger supply and cheaper. Provisions are advanc-
ing, following the Chicago market In wheat there
is nothing doing, except that it is being withdrawn
from store for milling Wool is quotably 1G2c lower
I'm this market bat sricer classification saves the
reduction to all who have up their eeces in good
shape. The receipts of wool are increasing, few
growers being willing to wait month longer on the
chance that wheu manufacturers have exhausted
their stocks on hand they will be compelled to ad-
vance prices In this they probably acting
wisely, since it does not now appear probable that
there will be much if any, advance, and, mean
time, buyers cannot dispose of what they buy at any
price.
New York dispatch of last evening says:
''There Is an irregular demand for cotton goods and
prices unsettled bat brown sheetings, corset jeans
Cheviots etc are in fair demand. Dress ginghams,
lawns aud wide printed cottous doing fairly, but
prints remain quiet. Mems wear woolens in light
demand, and launels and blankets quiet Foreign
goods continue dull.
The committee appointed under the rules of the
Chicago boord of trade reported on Saturday that
they could not find any evidence of combination
existing on May 81, and concluded that No. spring
wheat on that day intrinsicaly worth $.13K per
bushel On this decision all untitled May contracts
will have to be settled.
The number of hogs cut up by Chicago packers
from March to the present time is 1894 000 against
IO08, 900 for the corresponding period year ago.
The Texas drive of cattle on the Griffin trail this
season is estimated at 900 head and the drive
the Fort Worth trail is estimated at 100000 head.
The drive throurh Indian Territory and the railway
shipments will swell the Texas cat
tie export Of this to about
$4,000 head. Nevertheless, there is annual increase
OF the number OF cattle In Texas and will be until
the annual export amounts to more than million
head yearly.