Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-03-02
FROM THE PANIC.
Lively Business in Stocks at Improved
Prices-Grain Markets Steady at Full
Prices Review of the Home Market.

| Prices Review of the Home Market.
| ST. PAUL, March 2.
| At the opening of spring the St. Paul market
| appears to be abundantly supplied with money
for all the legitimate business needs OF the sea-
son and with holders quite as ready as at any
time last year to give concessions to first
class paper or gilt-edged securities. Since
last season, also, the facilities for obtaining
| money here have been extended to country
| merchants by the establishment of mercan-
| tile brokerage, prepared to take good country
paper to any extent the trade of the city may
require or bring. The opening of spring trade
is retarded by the persistent blockade of some
of our railroads, but SO far
as the New Northwest is
open to commercial intercourse trade starts
| in strong, though still limited in part to what
country merchants consider safe, in view of
| the fact that there are none of them from
whom part of their customers are not separ-
ated by the country roads beng impossible.
Collections, though good in the limited area
free from snow blockades, are generally light
and must remain so until the snow drifts melt
away.
Dry Goods-In this line of wholesale trade,
merchants are more busy in taking in than in
sending out goods. Orders where somewhat
| increased the past week, and correspondence
| indicates large demand coming, but it can
not be said that the spring business opens
with the first days of spring. We note in
| the price list for this week, declines in most
| makes of heavy brown sheetings, and in
| American shirting stripes, and advances in
Amoskeag tickings.
A New York dispatch of last evening says:
Dry goods: Cotton goods in moderate demand.
Prints rather quiet Ginghams in steady re-
quest. Dress goods in fair demand; but bust
ness in first hands moderate. Jobbers little
more active. Prints cloths unchanged; 5000
pieces of extra sold since the close of last
week at Lice. Woolens unchanged; irregu-
lar.
Groceries-The grocery houses are having
large trade these days, in orders from the
| north and northwest, and though shut in from
MANY of their best customers OF last season
by the railway blockade west and southwest,
find that their business of February foots up
considerably better than for the same month
last year. In prices there are only minor
changes to note this week. In canned goods,
2-lb oysters are advanced SC, and in fish, No.
trout are advanced Csc, and No. whltefish
are advanced 70c.
For drugs, paints, oils, etc., the market is
still dull, on account of the blockaded roads,
but wherever the country is open trade is
| little better than last week. Mercurials are
all higher than last week, including of course,
calomel, corrosive sublimate, etc. Quinine is
dull at the higher prices. Spirits turpentine
may advance; it is now nearly all controlled
clover scarce and the demand is already being
felt here for them. Ginseng remains firm.
Senega is dull and lower.
In hardware and metals trade is quiet and
collections slow. An advance IN nails has
been made the past week, the Pittsburgh man.
ufacturers having put card at three dollars for
ten-pennies The quotation $3.50 by ST..
placed here; but, in anticipation Of the open
ing of navigation it was thought best to settle
one price on the basis of $3.50. An advance
of 5@10c in handles is also noted.
In leather and findings, boots and shoes,
saddlery hardware, and other lines of whole
sale merchandise, business has decidedly i'm
proved the past week, and in the boot and
shoe business it may be said the spring trade
is fairly opened.
In the general produce trade the railway
blockade has served to greatly limit trade by
limiting supplies. But with every opening OF
any railroad delayed supplies have been rushed
in and found ready sale.
Flour-Steady, with good stocks on hand.
Patents are selling to dealers at S6.50@700;
straights, S5.00@5.50; clears, $4.25@4.75. Rye
-four, S5.00@5.25.
Wheaton, the board of trade yesterday 93c
was bid for No. 1 hard; 9Oc for No Q do; Ole
for No 1; SSc for No. 2, and 7Sc for No. s.
Millers were paying for deliveries by farmers
92c for No. l and 90c for No. 2. The receipts
at the Roller mill run from 200 to 500 bush
els day and the other mills probably take in
as much more.
Corn-On the board of trade yesterday 39c
was bid No g. and 1910 asked; March, Soc
bid, 3sc Asked May, 39c bid; 40c asked
Oats-On the board yesterday BIC was bid
for No. white and SIC asked; No. do 31c
bid, 33c asked; No. 2 mixed cash, 32Hc bid,
SIC asked; March, Bic bid and asked; May,
32H bid, $3.50 asked; No. mixed, SOC bid, SIC
asked. Sales, one car No. mixed cash at 321Sc
and one car do March at Bic.
Barley-No. 2, cash, 75c; March, 75c; No. 8
extra cash and March 6S; No. cash and
March SIC.
Rye-No. 2, 76c. One car sold on the board
yesterday at 76c.
bid, S15.25 asked. Sale one car March at
Sl4.75.
Corn Meal-Cash S14.OO.
Bran-Cash $500.
Baled Hay-Cash s1o.25 bid; s11. 90 asked.
Hogs-Live 1925; dressed S6.75.
Cattle-Nominally 3A@4Ac. Beef sides
5@6c.
Sheep-Nominally SIC.
Pork, etc.-Mess pork s16.50 per barrel.
Bacon sides 8h (@9c; breakfast bacon lie.
Hams 11@11k c; shoulders &c. Lard, barrels
10Xc c; kegs lie; pals 11Kc.
Beef, etc.-Mess $500 per barrel dried beef
12Hc; tongues So per dozen. Canned beef
$3.50 per case.
Poultry-selllng from store: Chickens
1910; turkeys 14c.
Beans-Choice mediums, per bushel s1.6O@
200; hand picked, S2.10@2.25.
Brewers Supples-Malt, s1.10 per bushel.
Hops, Wisconsin 1S@22c; New York 25c, and
Washington Territory 24t@26c per fb.
Onions-S1. 50@2. 90 per bushel.
Potatoes-55@60c per bushel.
Seeds-Metcalf, st. Paul, quotes red clover,
$3.50; timothy, S2.65; blue grass, s1.S5; sweet
corn, $3.50 per bushel; amber cane, 15c per fb;
onions, S3.0O@3.25 per bushel.
Butter-Gilt edge and choice are scarce in
proportion to the demand, while average and
common grades are, as usual, rather in excess
of the demand. We quote gilt edge 25@30c per
pound; choice, 22c; good, 15@1sc; common,
9@11c.
Eggs-With increasing receipts prices have
declined during the week to 20@22c per dozen.
Hides, etc.-Green hides, &c; green sailed, Sc;
dry sailed, 12c; dry flint, 15c; green calfskin,
lie; green kip skins, SC. Sheep pelts, wool
estimated, 40c.
Tallow-No. 1, sc; No. Q, 4@4Xc.
WOol-Weaker in eastern markets, but with
| little doing; nominally unchanged here. st.
Paul buyers aae paying 24@26c for unwashed,
and S4H36c for washed Receipts 1iOhf