St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-01-28
COMMERCIAL.

There have been no developments during the
past week in the commercial world to affect
trade or the public confidence adversely, and the
effect Of the failures Of the previous week were
but feebly felt,even in their immediate neighbor
hood. The failure Of the great iron house re-
ported last week did not even affect the
market in any degree, and iron is to-day
hrmer than it was before the failure. The
diaoolisms perpetrated by the fends across the
Atlantic under the guise OF patriotism and by
them causing suspicion to rest upon noble spir-
tied men have to some extent affected trade in
THIS country and the outlook is more ominous
Tor the future. Trade in Europe has been suffi-
clently at standstill; there have been a sufi-
cient number of men out of employ by
closing down OF mills and strikes and
the long winter has been sufficiently gloomy and
hard for the working classes and slow for the
merchants. But now comes this villianous out
rage which threatens to throw large number of
innocent and deserving people out of employ.
One railroad in England has announced the in
teEtion OF discharging all Irishmen from its ser
vice. and the majority Of railroad employees are
Irish. II is thought that others will follow in the
same direction and general mandate that the
Irish must go" will be propagated. I'm
Just as this would be it can hardly
be wondered at if it prevail and
the result will be more depression and stagnation.
But 'hard times" in Europe means also to some
extent dizziness of trade here. Our exports viii
not be so large, and manufacturer and producer
will be confined to a narrower field for CONNER
cial speculation and enterprise Locally business
has been little improved daring the week. No
failures Of Importance have been announced in
the state or within the field OF our mercantile in
terests. Most Of our jobbing and wholesale
houses report some little opening up of trade
and the returns OF the carrying trade show some
amount Of grain over the previous week The
gross receipts by rail were 1,466 cars Of goods,
against 1916 for the previous week, an increase
of $50 cars. The shipments were 7O1 cars
against $50 for the previous week. showing II
cars in favor OF the week just ended. The re-
ceipts Of merchandise were 347 cars for the
week ending January % and S31 for
the week previous; IS cars more
for the week under review and the
increase OF shipments was more than
double that amount being "a cars. These figures
show picking up in the jobbing trade to some
little extent but OF course there.could not be ex
pected any great increase at this early season.
There are some lines Of business which open up
early after the holidays, but these have had the
weather considerably against them; they depend
and in fact all mercantile businesses depend
more orless upon seasonable weather.
It IS early for any general demand for spring
and summer wear in boots and shoes but usually
spring opens early in this branch OF trade and
more business might have been expected than
has been transacted owing no doubt, 10 the con-
tinued cold weather, which does not look much
as il there would be early break up. New
ric baya mt YET bppu ~ ms Fuf-
turers ard jobbers. Leather has opened up
little and orders have been more numerous and
fuller than any time for two or three months.
The demand for saddlers' hardware has been
more active; the trade has increased in these
two branches, principally in the eastern
circuit: the market remains very firm and steady
Grocery houses have had an active trade during
the week; orders, however, have not beea heavy
but they have been numerous. The market is
generally frmer: teas and cofees show an incli-
nation TO advance; sugars are higher and very
strong. From reports from below and road il
would APPEAR that ere long there will be even a
sharper advance on sugars and syrups. The
crop evidently will be a very small one the com
ing season. Stocks abroad are getting short and
a general advance may be expected.
Iron and steel have been very quiet and
and dull The weather that we are now having
retards business very much whereas II Il had
come a month or two before the holidays il
smith aud wagon makers stock. The market
seems 10 be gaining better tone and higher
prices may he expected. General hardware has
been quiet and steady. There some few
changes Of importance, notably in nails when
have advanced at = 40 rate. Drugs continue
very quiet and the volume Of business has not
cen SO large a. usual al this time The market
shows a frmer tone and tendency to
advance prevails There will be found
some few changes Of minor Importance in the
prices current. Dry goods houses have had
very quiet week and orders have not been either
so numerous nor 70 large as they were week
ago Buyers are now In the eastern markets
and report better tone and a growing confidence
in higher prices and hrmer markets. Some few
parcels have already reached this city, but they
do not appear 10 contain such striking novelties
IN prints and giuchams the first consignments
did last year. This line OF goods in fact does
not for the coming season offer such attractive and
striking novelties last year The most attractive
are those which ia design and cooring copy
after last springs style OF Initiating WOODEN
goods There is, however. none OF thai unique
ness OF design and richness OF combinations OBJ
servablc last year in the plads and checks. IL
would almost appear a. though the manufac-
turer had grown tired of spending LARGE sums
Of money on artistic designs and selling his
goods almost al n loss, and this season he had
curtaied his expenses in the designing room
The printing. however, is splendid, aud better
than ever before, and many very chsste and
artistic designs may be found on the counters Of
houses earring large stocks Several changes
will he found IN the tables OF prices.
Clothing is quiet: furs and caps and QUILTING
are doing but little, awaiting a change IN the
weather. With q breaking up OF the cold
weather and any indication Of spring approach,
would stimulate business to a lively activity.