Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-07-20
MARKETS YESTERDAY.


Wheat Further Advanced--COrn and
Oats Higher--B Barley Lower--Provisions
in Fair Demand at Lower Prices for
Cash--General Review of the st. Paul
Market.
ST. PAUL, Wednesday, July 20.
AS week ago, there is nothing to be SAID
of the wholesale trade in general merchandise,
other than that it is good for this time OF year,
with collections indicating a prosperous con-
dition of country trade, and both wholesale
and retail merchants expecting large fall
trade. Prices of dry goods are nominally
unchanged, but thorough revision of price
lists will have to be made within few weeks,
when numerous changes will probably be
made, mostly in favor of buyers. Groceries
are generally steady, the few changes of prices
being incidental to the season, from the in
PRODUCTION of fresh goods or the desire to be
rid of old stocks. In drugs reductions are
noted in citric acid, balsam copaiba, borax,
gum opium, iodide potassid, morphine, Qui
nine and spirits turpentine. Lard and whale
oils are advanced ease. Values of iron and all
metal goods are stiffening and in
the East an advance has been established on
sheet irons, but dealers have for the present
adhered to their spring price lists. In Other
lines of trade there are no changes OF prices to
note.
In the fruit trade prices are firm with an ad-
vancing tendency. Presley & Co. quote choice,
sound, repacked oranges at $40 per box.
Choice, sound and repacked lemons S12 per
box. Dates, Arabian in trails, Sc;
New apples, barrels $780, third bushel
boxes 65@75c. Blueberries, 81 75@2.50, &C.
cording to quality. Tomatoes, third bushels,
$l.00@1.50, according to quality. California
fruits, per box-Pears So; plums $3.50.
Nuts are quoted by Presley & Co. as follows:
New Texas pecaus, 12c; new French walnuts,
15c; new Naples walnuts, zoe; new Brazil nuts,
Zoe; Sicily flberts, 14c; 5. S. almonds, zoe;
shslled almonds, in % ID. boxes, 81 &c.
Malt continues firm at 81 %, being closely
sold out, although within month summer
malt can be supplied at probably l092Oc less.
New York hops are steady at 24925c; Wiscon-
sin lie. Washington. Territory hops are out
of market.
The lumber trade continues active AMI its
use of the lumber line cars is fast building
up return traffic in liberal shipments of
grain, feed and other southwestern products.
We publish this week condensed trade list,
on the basis of The advance in prices which
went into effect about the 1st inst. In ihis
connection it is proper to correct here what
ever false impressions may have been derived
from a recent review of the lumber trade of
st. Paul with reference to the shipping facil-
tiles at this city. In that review it was re-
marked that the railroad companies take
charge of the loading of lumber at Minneapo-
lis, while the st. Paul dealers have to load
their own cars. This fact, unexplained, might
serve to operate against the lumber trade of
st. Paul by conveying the impression that
Minneapolis dealers in lumber have an advan-
tage over those of St. Paul in this matter.
In truth, no advantage is given to either city.
The location of tracks and railroad yards in
Minneap olis makes it necessary for the rail-
road companies to do the loading. But in st.
Paul the dealers have room and time for
loading their own cars, and are thus enabled
to avoid delays occasionei by neglect or for
getfulness of railway officials, and by lack of
track room, such as are experienced at Min
neapols Furthermore the railroads at st.
Paul are giving the largest of special facili-
ties for lumber line operations.
ON THE BOARD OF TrADE.
Prices on the'board of trade yesterday COM
pared with those of Tuesday of last week as
follows: Wheat &c higher for hard grades
and SC higher for No. 8, with No. and re-
jected unchanged; harley No. 2 sc higher; rye
unchanged; ground feed unchanged; corn
meal &c lower; bran held soc lower. Prices
and transactions yesterday were as follows:
Wheat-No l hard, SLIP; No. 2 do. sl.09;
No. 8, Csc; No. 4, Soc; rejected, zoe.
Corn-No. 2 offered at 44c; and No. at SOC.
Sales, two cars No. 3 at SOC; one car rejected
by sample at Soc, and one car do. do. at 33c.
Oats-No. 2 white 39c bid, 391Sc asked; No.
8 do 37H { bid; No. 2 mixed, 3Sc bid, 3SH C
asked; do. August. Soc; September, 29c; No.
mixed So; bid, SIC asked; rejected offered at
Bic. Sale, one car rejected by sample at 32c.
Barley-No. 2, S5c bid; No. extra, 75c;
No. 3 zoe; new No. 2, August, zoe bid; Septem-
Der, 75c bid.
Rye-No. 2, 75c bid
Ground Feed-Offered at $500.
Corn Meal-Ofered at $3.50.
Bran-Ofered at 81 so.
Dealers here attribute the late sharp advance
in prices of wheat and the firm
ness of prices OF other grains to a
general belief throughout the grain trade
that the crops of this year will fall below the
average. In the winter wheat regions the
ascertalne shortage of this season as coms
pared with last year, is variously estimated at
fifty million to one hundred million bushels
The shortage of spring wheat in the North
western States, it is anticipated, will be not
less than twenty million bushels, notwith-
standing the increased area under cultivation
in northern Minnesota ard northern Dakota.
In other spring wheat regions the prospects
are no more favorable, and on the whole it Is
thought that the falling off in the worlds
wheat product this year will be fully one.
fourth. Further, this loss Is not likely to be
compensated in any degree by an universal
surplus Of corn, since that crop has been
limited this season by the lack OF
good seed. Under these circumstances
strong and firm markets are to be expected
with slow trade-the latter to result from
farmers holding back their grain, as usual in
seasons of scarcity and high prices; and also
from the English beng slow buyers, as is
usual with them OF late years when the Amer
lean markets are advanced.
LIVE STOCK, PROVISIONS, ETC.
Cattle continue IN fair supply with good To-
cal and shipping demand, at prices a little
higher than last month. We quote: Iowa
fancy steers, s5.25; choice Minnesotas, $500
@5.25; common to good do, s3.00@3. so; ill.,
feior and mixed lots, 50 75@3.25 Live hogs,
S500@5 so. Lambs, &c. Good to choice sheep.
wooded, s.. 50@4 81; sheared, S4,50@5.O0
Mess pork is held at S18 00@1S.25. ..ams,
Tx q l2c; shoulders, TX @8c; breakfast bacon,
he; spIced roll, 12c; clear sides, 10@10&c.
Lard, tierces, Tx c; hogs 1Sc; and pals, 13A C.
Mess beef is firmly held at $1,000. Dried beef
14@14E C; cooked canned corn beef, $500 per
case.
Dressed meats are steady Pork &c; beef
sides, 6H c; mutton, 9@10c,; lamb 12H c; veal,
7@S11c.
Poultry-Spring chickens 30@35c per pair.
Old chickens 4O@50c per pair.
AT COMMISSION AND PRODUCE HOUSES.
Flour-Selling to the trade as follows:
xxx 81 O0M5 25. straiphts s5 4O(65 S5.