The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-02-08
BUTTER IS HIGHER
Strong Gains in All the Produce
Lines.
VALUES AT THE HIGHEST POINT
Grocery Markets Are on a Steady
Basis With a Good Volume
of Trade Reported.

In local wholesale circles the strong gain
in produce prices has been the predominant
ing feature Of the week. January was espe-
cially mild the greater part of the month,
which resulted in the free marketing Of
northwest produce, and with the recent colder
turn to the weather, there was little surplus
to draw upon. Shippers have also withheld
current supplies during the week to some ex-
tent, owing to the apprehension of possible
loss in transit. and as a result prices to-day
are at the highest point during the winter,
and probably the highest point for the year.
Such a market Is necessarily beneficial TO
the farmer who has produce to dispose of,
and it will undoubtedly contribute to more
or less extent to the agricultural prosperity
Of this section If it. continues long.
Butter is the frmest item on the list. Sup
plies in this market are of moderate proper
tons and top grades especially have
tanned a strong advance. Creamery extras
are cents higher than week ago, with
frsts and seconds 1920 higher. Dairy extras
have shown gain Of lie and fancy roll and
print are 1a@1c higher. Fresh, sweet pack
ing stock is fairly firm at 15c-the highest
point in six months. Eggs have advanced
&c for strictly fresh and are likely to con-
tinue firm as long as the present cold weather
continues. Fancy dressed turkeys are Zee
higher than the best previous high price
reached, with the market on the basis of
ttnue even in the face Of short supply in
the northwest, which is known to exist:
Dressed veal is firm at Sc and the market
| is on good, healthy basis. Potatoes have
advanced 2@5c a bushel and are showing a
frmer tone. Continued cold weather may re-
suit in further nominal advances. All vege-
tables, such BEATS turnips, carrots etc.
have advanced SOC to 81 barrel, and are
on strong basis with varieties available
considerably reduced. Other fruits are steady
and unchanged.
Wholesale Groceries Steady.
The market on groceries from Wholesale
point of view is on steady basis. Refined
sugar is unchanged New Orleans molasses
for the better grades is on strong basis,
with supplies light. Slightly off grades due
| to frost damage, are moving fairly well. Rice
market is showing a better tone at south
ern points, with trading more active and
domestic Japan firm. Provisions are steady,
with business rather quiet at this season
Spot coffee market has shown no change
during the week, although speculative market
| has huctuated to some extent. Teas are
| quiet but firm. Holders have firm views and
| are asking full prices, but buyers are taking
rather light lines pending the course of ma
| tional legislation on the duty question
In the dried fruit list, raisins absorb the
chief attention at the new association prices
! given in Il n J u T n a | last week. which
| are being firmly maintained on loose and
| seeded. Valencia layer UP B@Ac at i'm.
| porting points Currants are steady but sta
| tistically should show firmness. Visible sup.
} plies are not quite sufficient to meet the
| worlds consumption. In canned goods, inter.
| est centers in future prices to more i'm.
portant extent. Future tomatoes are show.
! ing better tone and have gained 21kc in SONS
| quarters. Activity is also noted in future
| Wisconsin peas at opening prices and some
| interest centers in corn at steady range or
| opening basis.
! Window Glass Is Firm.
/ Owing to more definite understanding be
| tween window glass jobbers and the Ameri
| can Window Glass company further ad
| vance is expected in the price of this com
| modify. Jobbers are now charging uniform
| prices, and those who are cutting have re
| stored prices to the old basis. Next advanc
is expected to be put in effect about the mid
die of this month.
| Paints and Oil.
More activity is noticeable in the deman
for paints for the spring trade. Prices 70
prepared paints are steady and unchange
from last fall. Linseed oil is firm at 63@64
for raw and boiled in small lots. Turpentin
is on a strong basis at 481ac, with produc
ton at southern points $4,000 barrels les
than up to same date last year.