Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-05-12

last week, it is yet large, and all the indica
tions are of healthy trade and good collections
The banks are well supplied with money. fol
which there is fair demand. The official
rate of Eastern exchange remains at Il pei
cent premium. Sterling, small bills, 1870.
Government bonds are sold at the New York
quotations of the day and are bought at "a
40 less, as follows:
Coupons, 1881. lOo GDIUo14
| New 5s coupons. ..................... 1O21aglO2A
New AVS, coupons. Observation-Disclosures. 1OS14VlOS =
New As, coupons ACKNOWLEDGEMENTS. 1O6ssOIO6 q
Pacific 6s, 1895 Observation-Disclosures. 1z41sU0tZ+Sa
Whatever the wholesale trade of st. Paul may
have lost in the early part of the year from
| consumption being limited by high prices
was more than made up by the increased de-
mand coming from the large territory added to
| St. Paurs field Of trade and also from the new
settlements which had their beginning In the
last two years. But among retail dealers in
the Northwest there had been such reduction
of stocks and such cautious buying for several
| wears that, although they bought more freely
| this season than heretofore, they did not
| prepare themselves for the large trade they
| have enjoyed. As a consequence they have been
| compelled to make frequent orders for replen-
| ishlng their stocks, which has prolonged the
season of active trade in st. Paul. This has
| been especially noticeable since the late de-
clines in goods, each of which has been fol-
lowed by Increasingly large orders. The week
| past has therefore been exceptionally active
| for the season in all lines of jobbing and pack
| age trade in st. Paul.
The dry goods trade has experienced change
of values in several of the leading makes of
cotton goods. There has been a decline
of prices on several makes of bleached
goods, but majority of the
standard makes are yet held at the highest
prices reached this season. The same can be
said for unbleached cotton cloths. There has
been a decline in print loths and decline of
about one-half cent yard has followed on al
most all the standard makes of prints. Other
cotton goods, such as tickings, denims, stripes,
checks, cottonades, ETC., are all very scarce in
Eastern markets and prices are firm for all
these goods. The remarks made last week in
regard to wooden goods and manufacturers and
agents of the same are still correct at this time.
The manufacturers and agents have set
their prices too high and by the time jobbers,
retailers and consumers will need the goods
competition and the general workings of trade
will have brought prices down to about what
they should be.
New York dispatch of last evening says: 1.-THE
dry goods business slower in all depart nents of trade
Cotton goods quiet, but prices without material
change. Prints quiet. Gnghams in good request,
and lawns and wide printed cottons doing fairly.
Mems wear woolens moving steadily on account of
back orders, but new business light. Foe1gn goods
in limited request
The grocery trade of st. Paul continues very
large and collections are fairly even with the
trade. Sugars are looking up and firm at quo
tations. But few and minor changes of values
are made in our price list this week. The most
noticeable feature of this branch of the
wholesale trade of St. Paul is that it leads the
way in occupying new territory. and holds to-
day all the territory 1t ever occupied.
In the drug trade we note few changes of
values during the past week.
Nails are again marked down, and dealers
anticipate that the nail makers association at
the meeting to be held in Pittsburgh to-day
will further reduce the card rate. Dealers here
in iron, steel and heavy hardware are closely
following the decline in Eastern markets.
One of our produce commission dealers in
speaking of the great increase this season of
the grain and produce business of st. Paul re-
marked that in ell his long experience he had
not known a season when the demand here did
not take all the supply. The fact is, he said.
st. Paul is one of the best of produce markets.
We have taken all offerings in past years, we
have taken all of this year and we will continue
to take all that comes. 1t Is proof that St.
Paul is strong market, that our commission
houses are daily receiving consignments of
coarse grains, millstuffs, provisions, eggs. but
ter aud other produce from points whence
the freight charges to st. Paul are
considerably heavier than to Chi
cago. Market values are just
now quite steady for all grains and millstuffs,
but an advance of 1c was established yesterday
on No. mixed corn. Provisions are firm and
in limited supply. Dressed beef and pork are
bought only on contracts to deliver. at prices
little advanced for meats coming in in prime
condition. Receipts of eggs have been light
this week and prices are firm. New vegetables,
with generally declining tendency, fuctuate
in value from day to day, changing with the
nd IN nnYNlu from
the South being kept light in anticipation of
the appearance of fresher articles of Minnesota
growth. Fruit dealers are selling lemons
to the trsde at S. 80 and 600 PER box
and oranges at $5.25@5. 80 to $500 for choice
fancy. Hides and taIlow are frmer in prices
| than last week. A few heeces of Minnesota
| wool of the new clip have been received and
the market opens as follows: Unwashed 22@
Csc per 10; fleece washed 32@S4c; tub washed
| S3@35c.
Wall & Bigelow's St. Paul circular of last
evening says of the lake markets wheat deal
| ings in futures: "Markets very dull, with I'M
usually light trade and very little disposition
to operate on the part of dealers generally, who
are waiting for the markets to get out of the
rut in which they have been running for sew
| eral days."
| Wheat taken for export at New York yester-
day 800, 900 bushels.
Produce exports for the last week are re-
ported from New Iork at ~ .(U0,UuU.
| Just now the supply of we'll seasoned lumber
in st. Paul is limited to a few holders and
other dealers have some trouble in filling bills
for the country. Messrs. Sabin &
Nelson, however, whose lumber depot
grounds of IS acres in East st. Panl
are now nearly ready for their occupancy,
| will soon begin business with an immense
stock of seasoned lumber, which they are
bringing from West Wisconsin and st. Croix
mills. These gentlemen have seen, from late
developments. that st. Paul will within few
years be the first lumber mart of the North
west, and have acted promptly in placing
themselves at the center where other large
operators in lumber will be compelled by the
| course of trade to follow them.
Chicago yard quotations of lumber Monday
were as follows, the inside figures being for
green stun.
First,andIsecond' clear, Gland inches $500
First and second cleor, 1I@1115 inch 42.00
Third clear Observation-Disclosures. $500
First and I'd clear rough, l inch. 4200
| Third clear Observation-Disclosures. $3.50
First and I'd clear dressed siding. 1900
Common dressed siding. ........ 1600017.5C
Flooring, ID common dressed. 5000
Fencing first quality ,,,... 1201014 0C