Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-01-07
ST. PAUL TRADE.
WeeEIy Rcrie,U Of the st. Paul Markets.
OFFICE OF THE GLOBE.

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OFFICE OF THE GLOBE,
ST. PAUL, Jan. 6, 1879.
A slight falling off is reported in the volume
of trade as compared with preceding weeks of
the season, notwithstanding which fairly &C
tive movement is to be observed in all the lead
ing departments of business.
An active week has been experienced at the
wholesale and jobbing houses, the employees of
which are at present engaged in taking their
annual inventories of stock. In this connec-
nection it may be said that the books of the
establishments show marked and very salts
factory improvement, both in the volume and
remunerative character of the transactions.
The increased activity in all branches of
mercantile trade, the improved and upward
tendency of prices, and the unprecedented
patronage enjoyed by the representative houses,
has been fully commented upon as justified by
facts, and as occasion demanded In previous
issues of the WEEKLY GLOBE. With widespread
and general recuperatlon In all departments of
manufacturing and mercantile industries, a
healthy demand inspired by general renewal
of confidence, and more than average crops, it
would be strange indeed if the credit side of
the balance sheets did rot make a more favora-
BILE showing than at the close of any year dur
| ing the past decade.
No better index of the general prosperity of
| the country could be had than by reference to
| the mparative with which collections are
accomplished and time obligations or favors
| are generally met with promptitude upon ma
turitv. The wheat market has been somewhat
| steadier than on previous weeks of the season,
and values have ruled easier in the direction of
| a decline. There has been less speculative de-
| sire on the part of Eastern operators, the fact
being that prices have been relatively higher at
| than N EurOnp which has material ly
| retarded the export movement and shipments
from the Vest.
The receipts of wheat in st. Paul have been
/ light and with good inquiry values have ruled
firm, all Offerings meeting with a ready mar
| ket. 1Er visible supply of wheat Dec. 9th.
1879 was IS 63i 1865 bushels against Is, 2S3, 70l
bushels Dec. 18th, 1878, and 10, 1871 l2l bushels
Dec. 29th, 1877. As compared with year ago
g marked falling off is notices bic n the export
cl,arauces and the stock of wheat in New York
| is reported as nearly double the amount III
store one year ago. Dec. 9th, 1879, there was
7,447, Az bushels of wheat In store at New
York against 3,Sl1, 76l bushels Dec. 2Sth 1873
| In speaking of the European wheat crop fol
| 1879, the New York Produce Exchange, of the
I'd inst. has the following information con-
corning the requirements of Great Britain
| The accumulation of stock since Sept l, 1879,
has been approximately 7.700744 bushels
which. added to the stocks Sept. LIST in the
United Kingdom, will probably make stocks
in the importing ports Dec. 81, 1879, about
| twelve to fifteen million bushels. The net i'm
ports since Sept. l, 1879, into the United King.
dom have not yet made good the deficiency I'M
der average crop of g. 100000 quarters, or 81,
900 900 bushels. When great Britain has ar
average clep her average imports have
been upwards of one hundred million bushels
The net imports have been, from September
! to December 6, 1879, 44,613, 256 bushels while