St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-07-28
BOSTON.
WEE KY sEXEE w.

Generally speaking all departments of trade
have more strength. Most are very active,
with satisfactory collections. and business is
generally improving. The drug market is I'M
usually active for the season, a marked fea-
ture of it being the filing of stock orders for
new stores. The sustained trade at this
time is proof not only Of the generally
healthy condition OF business in this section,
but also of the development of the vast
tributary regions. The only region where
trade seems much depressed is that section
of the Northwest beyond the Rocky mo I'M
tains which depends on st. Paul for supplies,
and even there Helena, Butte, Spokane Falls,
etc., are doing well. The features of the
market are the second advance in linseed Oil,
&c in all, 1c advance in turpentine,
10 to 15c per bushel advance in timo-
thy seed. Hops are excited and
changes, but not of great Importance. For
instance vanilla beans are higher and are
sure to advance further. Trade in dry goods
during the past week shows moderate i'm
proyement. The demand was principally for
staples to assert stocks, and q fair number OF
advanced orders for fall goods were taken.
While our leading houses are soliciting this
class of orders the conservative disposition
on the part Of our merchants in the interior
has prevented their being very successful i'll
this respect but as we get nearer the harvest
and dealers in the interior can see reasonable
prospects for fair crop they manifest Il
strong disposition to place advance
orders for goods, but only in moderate guam
titles They decline absolutely to indulge in
speculation, combining themselves to SUCH
goods and in such quantities as they are rea-
sonably sure of diSposing of, regardless of
what may be the result Of the wheat market
or the condition of the crop when secured
The demand is very active for grain bags
Advices from the East indicate largely re-
duced stocks of cotton goods in the hands O.
manufacturers, owing to very large export
demand, and in consequence firm and ad-
vancing market. The wool sales that took
place in London during the past two weeks
have satisfied every body that we will have q
very strong market for this staple. The
early advance of 10 to Is per cent. was fully
maintained, with indications of per cent.
further advances if not more. Wooden fabrics,
while showing some advance, have not fol-
lowed the extreme that the staple has
reached. Manufacturers have endeavored to
advance fabrics only as they have been COM
PEELED to. Any other appreciation in this
staple must oblige them to follow with ma
terially higher prices. Groceries and hard
ware are very active, with fair collections and
prices generally firm and steady. From all
parts of the state of New York
come well authenticated reports of
the failure Of the hop crop. None
of the reports set the yield at more than half
the usual average while most of them put it
from one-eighth to One-tifth. The reports
that are the most favorable are from the
northern part of the state, where the acreage
is not large and the yield is comparatively
light. But all through the harvest producing
region it is evident that the vine has gone to
pieces in the low grounds, while the upland
yards are not so badly off, owing to the later
growth of the vine. Taking the whole terri
tory into consideration, it is estimated that
the crop will not exceed one-third of the
usual yield at the most, and it is more prob
able that only one-quarter of a crop will be
harvested in the counties represented.