Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-05-24
COMMERCIAL.
An Active Day at st. Paul-Nothing New
In London Wool sales-WalI s. Bigelow's
Weekly RevIew-M. Doran's Specials and
the "Globe's" Daily Reports From All
Leading Markets.
st. Paul, May %.


of value in any of the leading trade commodities
of the season. The cessation of milling de-
mand continues, and wheat is worth only 95c
on our streets, but receipts are small and will
continue so until better prices prevail or farm
ers are convinced that the ruling rate is
the best they can hope for. The leading mil
lers are drawing from their stocks in store and
are evidently expecting that low prices will
prevail during June and July. The movement
of corn to Duluth continues large and
the sales of OATS provisions and family
supplies for the new settlements are
also updiminished. The large demand of Sat-
urday kept up the prices of Strawberries yes
terday, but further decline may be expected
Monday or Tuesday. The retail market and
packers are now well supplied with Lake Su-
perior fish, and prices are little weaker than
through the early spring.
A report will be expected Tuesday or We'd
nesday from the committee which undertook to
secure one hundred members of the proposed
board of trade, each to pay two hundred dol
ars for his membership. 1t is understood that
far as the committee has progress sed with It's
canvass it has met with fair success
A New York dispatch of last evening says:
'sThe dry goods market continues quiet and
prices irregular and in buyers favor. Prints
remain dull and unchanged. Ginghams in
steady request and firm. Mems wear woolens
quiet but leading makes of clothing and wool
ems sold ahead and prices are steady. Foreign
goods sluggish.
A London dispatch of yesterday says: cat
the wool sales to-day, Is bales were offered, and
mostly sold-principally Adelaide and New
Zealand. There was a better attendance than
at previous sales, but the bidding was unim-
proved and prices unchanged"
Boston Post, Thursday: "Wool. The market
continues unsettled, and it is difficult to give
quotations Australian is shipped from this
port, and also from New York. Advices from
San Francisco report greater activity, and when
the lowest point is reached the same will be
true here. sales during the week were small
Sales of Xxx Ohio were $500 lbs; fieeces at Soc;
Michigan and New York, 45@47c; unwashed
and understandable feeces, 30047c; fine Ken
lucky combing, 40c; California, 36@34c for
Spring and Fall, super and K pulled $4,000;
including Maine super at the latter rate"
The New York Herald, of Thursday, says of
the stock market: ''With full faith that a
decided improvement will occur later IN the
year it is not believed that the present rally is
anything more than a salving ever of q sore
spot in speculation. which must be radically
cured before healthy reaction ensues. When
the summer solstice is passed and the control
ling spirits of speculation reappear in the mar
ket, an advance movement with staying powers
may be expected with some degree of certain
ty. Meanwhile, appearances point to slugglsh
and dropping prices, and an irregular and in
active market for couple of months or more
to come"
Wall Bigelow's st. Paul circular, Of last
evening, reviews the grain and provision trade
of the week, as follows: wheat closed quiet,
after week of irregular markets. The highest
Chicago sold was $1.16T May; Liz June
and 1 O6X July; the lowest 1.l31 May; L07&
June and 1.02T July. May wheat shows an
advance from Mondays opening to the close of
to-day of 70; June shows decline OF &c; and
July decline of 2ssc. Milwaukee's highest
points for the week were liz May; l.1OT
June and 1.075s July; the lowest l.06M May;
l. O6L June and 1.03s July. Wheat at Mil
waukee shows decline from Mondays open
ing to the close OF to-day, May 3&o; June 277ac
and July 20. Foreign 49, markets s
are steady on spot wheat and
easier on cargoes and on wheat off coast. New
which sold as high as $l33, closing easy at
$1.32. Exports from New York for the week,
wheat 1918, 900 bushels. In provisions quite
an active week. Receipts of hogs at Chicago
for the week, 165. 033. Pork sold as high as
Sl042 June aud $40. So July, and as low as $40
June, and $40 10 July. closing to-day at $l0.O5
June, $I0,15 July, and $10.25 August. Lard
Is ABOUT DC lower Ior tne week. ciostng aO o. ~
June, and $6.72115 July. Short ribs are about
1870 lower for the week. closing at $6.O5 June,
and Sc. Is X July. Corn, quite an active week,
the his hest points being $50 May, 365sc June,
and SIC July; the lowest. 3718c May, $3.50
June, and $3.50 July-closing to-day at 371So
May, $3.50 June, $685. @3619o July, and $500
August. Oats very active, the week highest
points being 34c MAY, 3l5Sc June, and 1870
July; the lowest 1890 May, 5000 june aud
1890 July; closing to-day at S214c May, 5000
June, and 2S3Sc July.