Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-04-12
FINANCIAL & COMMERCIAL.

Sr. PAUL, April IL, 1882.
The local markets during the past week
have presented no new feature that warrants
special mention. A few articles, like sugar
and terpentine, have advanced; otherwise quo
tations have not materially changed. The
condition Of the market, however, has changed
a good deal. The week has been very active
one indeed, and all dealers, of every descrip
tioD, have been crowded to their utmost, and
even with all they could do they have fallen
behind in filling orders. Much OF this bust
ness Is on orders, but the most of 1t is
through purchasers themselves, who are In
The market and who everse the selections.
In some respects this is phenomenal year.
In the natural course of trade, while the
roads are in such o condition that farmers
and their families cannot get around from
their farms to the stores in the country with
produce, trade should be lighter. This year
this seems not to be the case. The country
dealer is in market and is stocking up all the
time. The fact of it is that there never has
been such a demand for goods, of all descrlp-
tions, III the state as there is now. The fact
that such an enlarged business is being done,
is generally attributed by dealers to the i'm
mense emigration to Manitoba and the great
influx Of people to the state and to Dakota,
duu tu6 ltf UeNOuu. IL Is uuuGTslOOC
that the emigrants from Canada to Manitoba,
that have passed through st. Paul, number
not less than $4,000. Besides these large
number of emigrants have gone through from
the states east and south to Dakota, and the
territories beyond Though these people have
gone beyond the borders of our state they have
to be supplied from st. Paul, as the general
headquarters of business in the northwest. 1t
is this large influx of strangers into the re-
~,k
pal cause for such an unusually heavy bust
ness this season. OF course everybody ex-
pected an increase of business, but in the
early part of the spring and even during the
winter, dealers did not fully anticipate
the extraordinary fact or OF such
large influx of people beyond
the usual number of home hunters that an
nually come to this great country. The days
and nights are hardly long enough for the
them. A good accompaniment to this state
of affairs is the fact that collections are very
satisfactory.
ST. PAUL BOARD OF TRADE.
There was more animation on the board yes
ers' association of Minneapolis bought out of
elevator B, in st. Paul, about 100000 bushels
of wheat, thus closing out several round lots.
so that the stock of wheat here was good
deal reduced. The consequence was that yes
terday 1t went to Si.45, and SLIGO was asked.
Corn and oats also felt the effect of these
transactions aud advanced advanced accord
ingly. Barley and rye were firm and ground
Ieed and corn meal advanced. The following
are the quotations!
Wheat-No. hard. st.459l go; No. . hard
$1.37; No. Q S1.30; No. $l.ls; No. 4 S1.03;
rejected SIC.
Corn-No.2 old 75c; No. re rejected ZIG
73c.
Oats-No. ., mixed, 52@54c: No. 5 mixed,
53c; No, 2 white, 53@55c; No. 8 white SIG
sac; rejected, 47@49c.
Barley-No. 9, Use: No. 2, extra, sSc; No.
extra, 7Sc; No. 8, Csc.
Rye-No. 2, TIC.
Ground Feed-S26 0G652s 90.
Corn Meal-S26 90.
Baled Hay-S6.o0.
Timothy Seed-$3 35.
Potatoes-s1.00
Sales-One car No wheat at Stls; l car
mixed oats, SIC; car white oats, sic; car
rejected oats, 4Sc; cars feed, $50; car
feed, $4,000; car feed, $3.50; car feed,
$50 90; 3 cars hay, 81 so; car hay, 800.
COMMISSION DEALERS.
The following are the quotations from sales
by commission men yesterday aRd are subject
to daily fluctuations:
Beef sides, per pound. 6 as
Butter, gilt edge, per pound. ...... 25 $50
Butter, choice, in tubs. 80 M35
Roll and print fresh choice ......... % @32
Medium. Observation-Disclosures. 16 gao
Butter, medium to good. Is OILS
Butter, common. .................. s ola
Cheese State factory. fuli cream 10 fn15