Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-26
FINANCE Il COMMERCE.

ST. PAUL, Sept. 70, 1SS3.-As the Stu
son wears on and the abundant harvest IS
gathered in, trade in all lines increases AND
improves, and the business that was par
ticalJy interferred with by the laoor5 OF
the husbandman, now begins to right It
self up again. The increase IN the volume
of business is not sudden, nor very
marked, except in its general extent IL
pervades all departments, and shows a
general, and very plainly Percepuoie
Improvement which indicates very
healthy and solid market, a market
backed up by millions Of bushels OF wheat
in the hands of farmers all through the
northwest. This vast amount of wheat
is as good as gold, and as il is not con-
centrated in the hands of few, but, on
the contrary, distributed throughout the
whole northwest and scattered all around
among the farmers, it renders the country
easy, causes everyone to have abundent
confidence, and starts Gnew and with IL
creased velocity the wheeis Of business.
Except in this general improve
ment noticeable in the market there IS
nothing OF special interest to
note, and goods OF all descriptions are
selling freely. Groceries, as usual, are III
active demand. The only change Of quo
tation in foreign dried fruits is in black
berries, which have advanced TO lie.
Walnuts and flbsrts, fancy Rio coffee,
csrdage, full cream icheese, hand-picked
beans, and navy beans have advanced, as
will be seen by comparison with the
figures below. Dry goods are unusually
active, and all seasorable goods are selling
freely. Clothing, and boots and shoes are
steadily improving, and sell -apidly. Hard
ware, which has been quite active nearly all
the season, is experiencing the heneft
derived from che heavy crops. Steel
goods have advanced to 90 par cent. cis-
count. This will be the prics for
1884. Files have advanced to
40 per cent. discount. Collections ia this
line are represented asinPreUng. Drugs,
paints, oils, ETC., are without change eK-
cept in ell cloves which have advanced to
SI,25. Reports in this line, in regard to
business and collections, are exceedingly
favorable. Like all the oth0E Wholesale
departments in ST. Paul reports coEs in
that trade is rapidly extending CLAIR out
to Washington territory, &antan1 and
Wyoming, from which pointe orders have
besn received and buyerS ASvO come in
person to select goods here IN So. P%uI.
This IS simply a direct consequence OF the
opening Of the Northern Pacific, and is
the experience of all our who'll
sale dealers. This important
highway has opened up I poT region of
traffic and dealers throughout these new
territories will, as a matter OF course,
sooner or later find their way to st. Paul.
Finished iron and steel is steady. Lumber
IS active and firm. Boots and shoes are
steady. Leather the same. Transactions
in grain during the week have been very
light, and the market here has been very
quiet indeed. The movement of wheat
all along the line to market and the shaky,
downward tendency of the lake port mar
kets are sufficient reasons for the dull
ness here. Other grains have
been but little better. Corn has been
weaker all along during the week, but yes
ICEQdJ IL 5bIOnS LHOhON W q AAS"AS' AAN
demand here is not very great, and at the
same time the supply is quite limited.
The same remark will apply to oats that is
made in reference to corn. They were also
a little irmer yesterday. Barley has been
down but is coming up again, and is en-
Toying a fair demand. Rye has been
steady. Ground feed is steady. Corn
meal Is in moderate demand and prices
are fairly we'll maintained. Baled hay
has been in limited supply only, and prices
have been, consequently, pretty we'll
maintained. Beans are moderately advanc-
ing. Butter is showing some activity, and
for the better qualities there has been an
advance, while the lowest grades have been
dropped by the commission men from the
list of quotations. Eggs are in fair sup
ply and prices have advanced over those of
the preceding week. Wool and hides are
quiet. Fruits are firm and very active, es-
peoially peaches. Hogs, both 1.-Two and
dressed, owing to ths shaky markets of the
east, are lower. Lard is lower.
City dressed mutton has advanced.