Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-05-17
FINANCIAL & COMMERCIAL.
ST.. PAUL. Nav u. 1882


TO greatly increase the volume Of business,
while values have not been very materially
changed, The opening up of business be-
tween st. Paul aud Winnipeg through the
subsistence of the waters which for a few days,
near St. Vincent, interfered with trade, has
brought to st. Paul an increased traffic during
the week under review, and all the freight
trains that went out by the Northern Pacific
and the St. Paul q Manitoba, were heavily
freighted with all kinds OF general merchan-
disc and every conceivable article re-
CURED by people on the frontier.
Notwithstanding this, the side tracks of
the roads, not only of the two roads men,
toned, but also Of other roads here Ia St.
Paul, are lined with freight cars heavily loaded
awaiting transportation. The amount Of
freight that the st. Paul Wholesale dealers are
sending out is wholly unequaled by an ythlug
ever before known in the history of the north
west. The thousands that have passed
through st. Paul during the last two months
on their way TO the northwest, and 10 the
Winnipeg country have to be supplied with
all the necessaries of life. At a moderate esti-
mate $4,000 people have passed up these routes
to the great northwest during the past two
months. This is quite an army OF people,
and 4 considerable amount of conmiSSary
stores and general supplies are needed. This
is all extra and in addition TO the natural
demands of the country that was at first cal
culated upon. The water also stopped all
this emigration, and for ten days or two
weeks the emigration has wholly ceased.
The roads now being restored, the emigration
will be renewed, when the settlers will go
through faster than ever, and this viii have
4 tendency TO largely increase the Wholesale
trade of st. Paul.
Money in the city may be said 10 be easy.
There is plenty of it for all legitimate pur
poses, and the banks are able to accommodate
all customers. There has been 4 good deal
of demand from the country and also from
the wholesale houses in the city. The demand
from the country is caused by the fact that
the farmers are disposing OF their wheat,
while that from the wholesale dealer is caused
by the limited collections in the country
which have not been very good during this
wet season. There is no trouble, however,
IN regard TO money. All that IS wanted is
forthcoming.
The usual activity prevails IN groceries,
while quotations are in. the main not much
varied. We have to note an advance in Var
mouth corn, decline in Boston baked beans,
an advance in peanuts aud a decline i'll hon.
my. OtherWise quotations are steady and
firm.
Drugs, oils and paints are firm, steady and
quite active. Chl9roform, cream tartar, liz
seed oil, raw and boiled, and spirits of tur-
pentine have declined some. Quinine alone
has advanced.
Hardware is steady and very active, dealers
finding it impossible to keep up with their
orders, though they continually labor far
into the night.
Dry goods are firm and strong and reason
ably active, though the weather Is not quite
warm enough yet to greatly improve business
\, l. l.,
before the season will be on. Collections are
improving.
Lumber is about the strongest article in
the market All dealers are far behind in their
orders, and The demand is continuous for all
varieties used in the construction of houses.
An immense quantity OF lumber Is going into
the Red river valley for settlers that are flock
ing up there. This, taken in connection with
the fact that building operations in ST. Paul
are Con scale this year never before edualed,
furnishes full and complete explanation of
the fact that all our dealers are behind in their
orders.
WH0LEsALE PRODUCE.
In all varieties of produce there is great ac-
tivity, especially in fruits. Oranges continue
30 show decided advance in the east, and at
last our dealers have advanced quotations to
$6.50@7.00 for good to choice, aud S7.0r07 80
going higher. We quote to-day: Choice
to fancy Messina or Palermo, $450@5.00.
A liberal discount from these prices on orders
from ), 10 or 20 tox lots. Strawberrjes-Are
now arriving in rather limited quantities from
Mississippi and Tennessee. They are nice hut
high, selling readily at soc per quart, aud will
not be much cheaper before we get into south.
ern illinois berries. Apples-All gone. Figs
Choice New Layers, 12Hc per ID; second
quality, in so pound boxes, &c per 10. Ba-
nanas-red and yellow, very fine, 81. 5O@4 90
per bunch, as to size and quality Maple SUI
gar-In cakes and bricks, l2H per 10. Cocoa
nut5-S6 90 per hundred. Dates-New Ara
ban and golden, SIC per 10. Bermuda onions
In bushel boxes, So 50 per box. Apple but
fled, $500 per barrel; casks 25c per gallon.
This is choice and will keep. Peanuts-Fancy
hand picked lie. \ very light supply to be
had, aud will be higher. Hickory nuts--New
Ohio Sl.00 per bushel. Foreign nuts-Tera-
COMA almonds 21c; English walnuts 15e; Bra
I'll nuts Sc; tilberts 13c; pecans re; Sicily
shelled almons, in % pound boxes, 35c per
pound.
Cl-Raw oil, one barrel, Gic pr gallon;
tive barrels, 63c; ten barrels, 63c. Boiled, &c
per gallon extra. Lluseed meal, $3.50 per
son.
ezEggs are q little irmer, and instead of being
quoted to-day at l99l4c are put down at 144
t5c. The cause of this is that yesterday quite
}lrge orders were received by our commission
men, which were really in excess of the sup
plf and for the time being strengthened the
market up good deal. The season is not q
good one, though, for much advance on eggs
ard ii is not probable they will 60 higher.
Chickens are quoted at l2lll3c and turkeys
at l69l7e, with but very little coming in.
Live hens, 20 to soc per pair BOOSTERS, So TO
sc per pair.
Dressed hogs, 1875 to $3.50, Live hogs,
So IS to $3.50.
Onions, Sl.10. Potatoes are in good supply
1t 65c0S1 o..
Cattle-The supply this week has been suf-
fficient for all demands and prices were firm at
the following fiures Fancy Iowa steers have
readily brought S7.15; choice Sc IS; fair, sc %
$3.50; mixed lots from 500 to $625; veal
calves, IS 75@6.50.
Flour is very firm at following quotations
Patents $6.59@8 so; straghts, IS 75@7 80;
clears, Sc 5097.00; III barrels 25c extra. Ora
ham, IS $4,000 per Dbl. Buckwheat flour
$6,009S00 per Dbl.
Brewers Supplies-Selling prices Malt,
$3.50 per bushel. New York hops, SOQ32c:
Wisconsin hops, 20@25; Washington Territory
hops, SIC per pound.
Lime, Cement, etc-There is good deal Ct
activity in these articles and prices are strong
Quotations are as follows: Oshkosh, Port By.
Dbl; Milwaukee cement, 81 so per Dbl; Louis.
vile cement, S1.75 per bbl; plaster paris, 50 so
per Dbl; plastering hair, 95c per bushel; st.
Louis No. fire brick, $45 per thousand.
Fire clay, IS, so per barrel.
Butter is a trife weak in some grades. Gilt
edge commands from SO to 35c, but in tubs
there is slight weakening and in rolls and
print, fresh, choice quotations have dropped
10 1S@25c.
Meats-Mess pork $40 5O@2O.OO per bbl
hams 13K 914c per lb; shoulders, Zoe; clear
side bacon, 12c; breakfast bacon. 1S@14c;
lard in tierces 12Kc, kegs 1Sc, pals 90 ibsc
49, c; mess beef Sl2 per bbl.; straight, $3.50
t014O0 per bbl.; smoked beef 12@14c per
hbl: corned beef, SS99 so per case.
ST. PAUL, Msy Il, 1882.
ST. PAUL BOARD OF TRADE.
There is but little change in the market
from the day before. There was little more
inouirV for wheat than on the dow ,,rav;o,,s