St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-12-25
wheat is a subject of consideration from

wheat is subject of consideration from
all well-poSted business men.
The little war ripple of revolution in
Mexico has probably had as much to do
with the slight advance in wheat during
last half of the week as anything else.
but the Mill City Tribune indi Gated yes
terday morning that the millers are
short O,OO0,0O0 bushels of mo. Chi
cago spring wheat" for May delivery.
The estimated available surplus was
~, 000,0 bushels less Oh Dec. l, 1892,
than it was on Dec. /, 1891.
Ia Banking Matters.
The current financial situation is
given herewith:
Albert Schetfer, President Commercial
Bank-EXchange is stiff at q moderate pre-
MUM between banks. The demand Tor
money has been quite active this fall. both
locally and in the general market. The 81.
Paul banks have responded to all the iegltl-
mate calls for accommodation for business
purposes and needs. The very high rates.
during the past week OF money In the spec
ulRtiVe markets, especially III New 1orK, was
caused by an excitement in the stock market
owing to a very lively selling of the socalled
industrial stocks The fiurryis FAST passing
away and will leave no great impress on tne
general markets Of the country. Foftunateiy
for legitimate business, stock panic OF tIis
nature do not affect the business Oh me
country to anything approaching the extent
of former years especially since The resum p
tlon OF specie payments.
New Trade Notes.
In the wholesale circle of the great boot
and shoe trade here the event OF me week
was the removal of the offices and ware
rooms of &. Gotzian q Co. to their new
building, corner Wacouta and Fifth streets.
This handsome addition to their great manu-
factory gives evidence that such large con-
, Germ and one so long established has the con
tidence born uf success-the faith in the
future of its business 1t is the largest
manutactory of the kind northwest CT Chi
cago.
New stock of Silks.
The Nonatuck Silk company concluded to
relinqlIish its place which was destroyed by
fire and has put a new stock In ON Jackson
street, opposite the Merchants. Assistant
Manager Harry c. Ash isfn charge. He has
been filling orders right along. Gen. Man
ager r. w. Hare, who was here from Chi
cago, found that the companys loss over
aud above insurance was $1,000.
Increase in Business.
The wholesalers III general talk very pleas
antly concerning the present and prospect
i've business. Some of these interviews are
given below:
p. ii. Kelly, P. II. Kelly Mercantile COM
pany. wholesale grocers:
our trade shows u decided increase and has
been very satisfactory this year as compared
with 1891. We are very agreeably surprised
with the improvement i'll collections tnls
month. If collections keep on coming at the
present rate we shall feel more than satisfied
WITH the year business.
" 3. Dean, Nichols & Dean, wholesale
hardware:
There has been q slight increase In our
trade this year as compared with that or le9l.
The collections are fairly good, correspond
| ing with The business. We anticipate a
diminished business ana diminished collec-
/ tons after the 1st OF January on account OF
the smaller crop of wheat this year and the
| lower price at which wheat sells. look for
| very gratifying addition TO the business OF
| ST. Paul next year from the large additions 10
/ the manufacturing interests of the city III
such establishments as the harvester works,
| the cordage works. and others.
Samuel Schwab u Co., wholesale notions
| Notwithstanding the recent fire at ouI
| store. we viii be in the field at the old stand
| for the spring trade. With new goods at the
| depOts and in transit we only await the IN
surance adjustment. If the adjustment Is
| not speedy we shall open i'll temporary guar
| lers near by, for we were dong nice pusl
| ness, and Will not be idle.
! &. H. Kellogg, president Kellogg, johnson
& Co., wholesale boots and shoes:
! We have had quite a large increase In
| trade this year over that of 1891. We have
had to double the capacity of our store this
summer. 1t is now one of the most conyen
| lent OF the stores of the city.
| A. p. Warren, Kuhles d. Stock, manutact
| urers Of cigars
! An increase of 20 to % per cent is evident
this year as compared with our trade OF 1881
The number of employees in our manutactur
| ing departments shows a corresponding IN
| crease, and after The first of the year the
number will be greater,
Shortly after the first of the year our Mr.
| Stock will leave for Havana to purchase {
years supply of Havana leaf tobacco. He
| will go personally on account of his ac
| quaintance with the demands Of the North
| western ade for the higher grades of goods
All this Havana leaf is brought directly
through in bond and stored In The
government bonded warehouse unit