St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-04-09
The TREND Of TRADE.
Money Decidedly Easier and
Banks Make Good Show
ing.
Spring Weather Clears Up
Railway Traffic Every
where.
Dakota Wheat Will Move
With Navigation's Open
ing.
Recent Sunshine Doomed
Spring Orders With Local
Dealers.

Concerning trade, it is evident that
the pleasant, sunny days, such as were
had during part of last week, have i'm
proved the feelings and business of the
wholesale merchants. They are doing
a good, conservative, safe business, and
they are not striving to extend trade
beyond the steady, substantial volume.
The country merchants are earring over
part Of their stocks in some lines, and
show q disposition to keep their pur-
chases within the limits of current
needs. Delays on the railroads are now
forgotten, and traffic is moving along
freely. The freight rate situation
has. during the week, taken on
feature that is agreeable to the
merchants. The ice has gone out of the
Missouri river at Bismarck. and Of other
rivers on the Northern Pacific, and the
Milk river is clear at the Great Northern
crossing. The latter road has had no
appreciaDle delays this season. The
SHOWS went off very nicely along the
tranScontinental lines. The land de-
partments of the railways report good,
active inquiries for acres, especially
in Minnesota, and the passenger depart
mentS report that immigration to the
Northwest has set in nicely. Part Of
these "settlers" ride first-claSs," a
larger proportion second-class," and
only a small portion take the old-time
emigrant cars. SecOnd-clasS passengers
bound for Washington and other Pacific
coast states have the privileges of the
tourist sleeperS en- route. Lands are
holding up well in value under the good
demand.
Wheat will soon be moving eastward
freely from the Northwestern elevators.
before the annual visits of the assessors
on or about May l. As soon as the ice
goes out of Duluth harbor the wheat
movement will be Oh in earnest.
Wheat closed at S1$Ic for May and
76$lc for July in Chicago. a net advance
OF 4I5c for May and SIC for July. North
west wheat still seems to be reasonably
safe property. Pork closed at Sl7 for
May and Sl7.1715 for July, showing a
net advance of 771lc per barrel for May.
The hog market declined early in the
week and reacted, closing on light re-
ceipts at $500 for the best offerings at
South st. Paul.
At the Banks.
Paper was discounted a little more
freely here during the last half of the
week, but money continues we'll en-
plOyed at full rates. The St. Paul clear
ings for the week were 50, 024, Gal 30, an
increase of S407, 1886 compared with
the corresponding week last year. The
New York bank statement yesterday
showed another improvements figures.
Exchange here closed at SOC premium
on New ! DIRK and par on Chicago be-
tween banks.
Talks with Traders.
The merchants pleasantly viewed the
situation, as follows:
Jason w. Cooper, Griggs, Cooper &
Co, Wholesale GrOcers-Our business
has been very satisfactory this year.
The bright weather of part Of the week
caused considerable improvement in
our trade, which indicates that a con-
tinuance of pleasant weather would
stimulate trade somewhat. Any i'm
pedimentS to railroad movements that
may have occurred are now overcome
and traffic is moving on the railways,
generally speaking, without delay.
There has been some anxiety among
our business men as TO the probable
course of the railroads on the opening of
lake ana rail- transportation, put IL
seems that the Northern Steamship
company will make rates on goods com
ing IN that will be satisfactory, and that
will enable our merchants to distribute
their goods as usual, especially in the
districts to the Northwest and South
west. As to changes in markets, there
has been material advance in sugar,
with active and eXcitable markets. COT
fees are easier and dried fruits are active
at former prices.
Theodore A. SchulZe, Foot, Schulze &
CO., Wholesale and Manufacturers of
Boots apd Shoes-Irade is fair with us
in the general shoe business, and our
trade in rubbers has been the best we
ever had. The % per cent advance on
rubber goods has been reported. The
city trade is improving. Credits have
required careful scrutiny on account of
slow collections. The leather market
is practically unchanged, but firmer.
w. B. Hastings, Manager, Barrett &
Barrett, Wholesale, elders, Imported
AleS, Etc.-We can give a far better re-
mort now. for the fine DAYS brought in nu-