Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-07-01
COMMERCIAL.

The Local Market September Wheat-Chi-
cago Lumber Observation-Disclosures
Reports of Lake, Eastern and European
Markets.
ST. PAUL, July l.
The falling off in the demand for coarse
grains and feed, while it has piled up stocks at
the produce houses3lfor two weeks and weakened
prices, has not produced quctable change
until yesterday, when oats were marked down
15@lc. The fruit dealers, crowded with work
and almost overwhelmed with orders, COM
plain that small fruits are coming forward
slowly Dealers in fireworks are nearly through
| their boom. They say their trade has been
larger than ever before and that stocks have
| been more nearly sold out than usual
The Chicago bears sold September
| wheat yesterday at $50 and year at
S214c. lie their calculations upon an abund-
ant crop all through the West prove correct,
| Minnesota and Dakota will have to be saved
| from disastronsly low prices by putting
| the hard wheat of the northern belt on the
| world markets direct without handling and
| mixing at Chicago and Milwaukee. In this
way the st. Paul Board OF Trade, with the CO.
operation of farmers, country merchants and
other grain buyers, can save the State and Ter
ritory at least IS, 00O,000. All that is needed
| is to establish home depot or cenler of trade
where the millers of the world can buy our
| grain and be sure of receiving exactly what
| they bid for, and that will be supplied in this
board.
The Chicago board of trade will probably
| suspend its business both Saturday and Mon
day.
A New York dispatch of last evening says
| The dry goods market remains very quiet. as is
! usually tue case just before holidays. Cotton
goods are in irregular demand and buyers are
operating cautiously. Prints remain quiet;
dress ginghams are in steady requests Ken
lucky jeans are rather more active. but cloth
| ing and woolens quiet. The Bulletin says next
Saturday and Monday will be generally OBJ
served as holidays in the dry goods trade.
The Financial Chronicle, of New York, is of
| opinion that the large stocks of unsold foreign
goods in that market will prevent heavy i'm
| portations for some time to come while the
exports of breadstufs, provisions and cotton
| will be very large. no matter how we'll English
and European crops may turn out. 1t antici-
pates, therefore, that gold imports Will be re-
sumed next fall. e-
Yard quotations of lumber at Chicago were
as follows Monday evening last:
First and second clear, 2 and
! inch ....................$4 S 00@47 90
First and second clear, 14@113
inch ....................... Al O0@42 90
Third clear Observation-Disclosures. SO co
First and second clear, rough l
inch ........... ............. 40 GO
Third clear do. .......,.......... 35 90
First and second clear dressed
siding Is so
Common dressed siding ....... 16 00@l7 90
Flooring, second common dressed 80 90
Box boards, 13-inch and upwards Is 00@40 co
A stock boards, 10@12 inch,
rough. ........... ............ So 00@35 90
stock boards, 10012 inch. 49,. 30 00@32 e0
stock boards, 10@12 inch. 49,. 20 00@23 60
Fencing, first quality. ........... IL 50@13 90
Fencing, No. Observation-Disclosures. 00@l0 SO
Common boards ............... II 09@12 SO
Common boards, No. 2.......... 00@10 90
Dimension stuff. ........ 8 0O@10 SO
Dimension stuff, 10000 feet. -. 10 00@16 90
Picksts. fiat, rough and good :. Is 00@14 90
Lath Observation-Disclosures. 75@ 2 90
Shingles, standard ard CHOICE. 2 300 2 40
Shingles. extra. Observation-Disclosures. 2 45@ 2 80