Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-07-27
TUMBLING TIMES.
A Considerable Decline Established In the
Stock Market, Mainly in the Gould Share,
n. Wheat, Unsettled and Lower for Option,
Provisions Strong and Slightly Ad-
yanCed.
ST.. PAUL, July 81.

- k ST. PAUL, July 81.
aa The correspondence of wholesale merchant
/ Of St. Paul from country merchants and from
travelling statesmen leads them to expect profit
able crops for the farmers and corresponding
good business throughout the country and al
large for both retail and wholesale merchants
Through nearly all the vast country tributary
to st. Paul all crops are promising we'll. The
wheat crop north of the line of the Minnesots
river will not average SO much per acre as las
year, but it will average better quality and
bring more money to farmers. In the south
west country, whore the average yield Of wheat
| may fall to ten bushels per acre, other crops
notably fax, and the increasing product. OF
hogs and cattle, will much more than MAKE
good the wheat deficiency. And even from
that section late reports are that the wheat is
turning out better than was ex
portion of Minnesota and Iowa in
which chintz bugs, rust and other calamitles
have reduced the wheat crop to nothing is moi
wholly dependent on wheat, and besides is moi
important to the trade of st. Paul, as it's trade
is divided with La Crosse, Winona, Dubuque,
Chicago, etc.
In the dry goods trade there are no changes
of prices to be noted this week, and nothing
to be said except that trade Is good. In gro.
ceries there is sharp advance in domestic
dried fruits, cannek peaches etc. The drug
trade is reported fairly active for the season,
with collections better than usual in midsum-
mer, although slow. Changes are few. Opium,
morphine and quinine are very low, and must
90 higher; as also bromide and iodine potassia,
camphor, etc. A new supply of quinine barks
caused the decline in qunine, but an advance
is probable. In hardware and metals prices
are generally firm, and sheet iron especially
is held to- full rates. A cut of five
cents Is noted in cut nails. In the leather
trade an advance of one cent on Buffalo sole
is likely to be made here in q few days, fol-
lowing the advance at Buffalo. For the boot
and shoe trade we have q new price list this
week.
: In the fruit trade prices continue firm.
Presley & Co. quote both oranges and lemons,
choice, sound and regacked, at $40 per box.
Dates, Arabian trails, &c. California fruits,
Is. 25@5 so; peaches s. 25@4. so. New apples,
barrels, $500; third bushel boxes 75@85c.
Lower prices for apples may shortly be expect
ed. Biueberries are not coming freely and eau
oulv be quoted nominally 81. 75@3. so, accord
ing to quality. A scarcity of tomatoes is re-
ported neighborhood growers saying that for
the last week instead of ripening they turn black
and are spOlleQ.s In consequence There are
none for shipment. but a favorable change of
weather ma still make them plenty.
& Nuts are quoted by PRESLEY & Co. as fol-
lows: New Texas pecans, 42c; new French
waInuts, 15c; new Naples walnuts, Zoe; new
Brazil nuts, 10c; Sicily filberts, 14c; s. s. al
monds, zoe; shelled almonds, in Is h. boxes,
37kc. a
Brewers supplies are steady. Malt $1.25e
New York hops "a case; Wisconsin hops tic.
The new crop Of barley, so far as heard from
or shown by samples, appears to be light but
Of unusual good quality, the berry being
plump and the color good.
In the lumber trade the advanced price list
of the list inst, appears to have had no effect
Orders continue fully to the supply and to the
facilities for moving lumber. The G. N. Mel
son company, which lately started up Its new
mill at Knife Falls, which turns out 20o, 900
feet day is now, preparing to increase fifty
pei cent. the capacity of the planning mill in
It's great East St. Paul yard, simply to comply
with the pressing demand for planning lum-
Der.
30 ON THE BOARD OF TRADE.
Prices on the board Of trade yesterday COM
pared with those of Tuesday of last week as
follows: Wheat 1c higher for hard grades
aud &c higher for No. 4; corn held 1c higher;