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Commercial

Commercial image
Parent Issue
Day
1
Month
April
Year
1870
Copyright
Public Domain
OCR Text

New York, llarob 29. Tliere lias not been for years a more complete stngnation in financial nnd commer cial affaire tlian rxisls fit tliis time. Tlie uncp.rtaiu fute of llie iïnnnci-il projeots r.ow bofore Congres, especial!}' thefundinir bill, puts speculutors at their wits end?, anil tlie same canse creates a want of contldencc in legitímate comme.ee. AHhoas)i the gold premium secms to have settled for the time being nt the fractions beariog on 1.12, there Is no certainty hoft' long H may rcmain there, and so long as tliis state of tilines continúes, all commercial values will be nncertaln, boyera vdll hold off in expe:tation of lo.vc r rices, and trade will of nceossity panfrtilsl). Tlie very dallDCM oí business is no letter sliowu tlian by the glut of mouey, cali loans beiBg at i@Se.rui prime business paper at 7@8 per cent. The Spring trade thus far is very unsatlsfactory, Cotton holds ip to the late ad vaneed flgures, but lliere is a weakeialng tendency all round in cotten goods, with rediictions iu m:ny niakes of lrom 1 lo 2,'c per yard, accordinfr to width, and even at these reductions buyei's take hold with reluctancc. The wool inarket is weaker, altliough no actual cbaoge is made in quotatious from two weeks ago. Ktill tlie convictiou is strong tliat wool cannot wlthstand the general shrinkagc of the past few weeks, and manufacturers will run on short stocks until shearinpc time rather tlian pay present inircs. The breadstuifs market for the weck has been anythinir but encouraging, althoogh to-day there is a little improvcment over the past few !nys, with :i llrmer ' feoling ander a renewcd export (Iemand. ] Corn and oats show somc i nent. Detroit, March 80. Moncy continúes stringent and trade deiin's.sed. Whcat and flour ure in better tone than íiiivtli'rng elsc. Best Orados of dour are brluglug $5.75@0.00. wlth good , rtanrhird branda oflered at $5.80, and lo grades at $8;75@4.Q0. A reditctiuu f IVeighta in view of the opening of spring uVccis whcat and llonr fiivorably forprohieers, ftnd wheat quotatlona show h llttle Improveincnt over last week. The receipts conti na liberal showing tiie ezlstence of considerable stocks y. t back In the country. Corn is soine 0c better on the wnk. and oals l@2c. Green applea are fairly astir, tuit at prices ratberweab. IiCincinnatl the ïnarket is well supplied, vvith $4 per bbl. as outslde, so tlmt there is very üttle sleeping margin In tliat (marter. Tlie same figures are iveu in Chicago. Buttcr continues firra at last woek's prices, with n. scarcity of clioice. A comparison oí tlie prices of butter at other markets wlth prices herc, show prices relatively blgher lierc tlian at mast other points, Dried l'niits :irc unchanged. Kggs are very scarce and 3@Cc hlgher than last week. They will probably be scarce until E.ister time. Maple sugu arrivés in sniall (junntities. About 18c Is outside tor cholee. Tliere is a strong feeliiiK In pork, ivith an advance of abont 50c per bbl. on the week. Clover seed is qniet. Tiniothy is very Btrong, with an advance, and held at ?5 7Ö@G 00, tho latter an extreme, HKTROIT PRODUCE MARKET. - Tlin followlnr quotation represent the curren:, net pricesrealJEea by coTiimi-ion :i-:ilcrü . mid iirècarefulïy revwcdcvery week. for the Ana-us, by our Detroitcorrespondent. DsdactlOQfl Irom tbcse prit-es for commUnoui au( charges, will show the net rïites t flret bands: Apples.- Dricd.9@10c; Green per bbl. $3.00@3.26 Bnrley- perewt.. Jl CO forNo 1 Bcrgwax- peclb. 85038. Beana- white. $!.:■: Botter- rock bifiSüc; Crkla,C.5fï32cporlï., Oheest- Jliehigan Paetory, lOiïiïO. Dairy,H@lS. Ohickens- (lreescd, pi'r 11).. 1TQ,1S. Cider- Perbbl $4.iX) Oom- perbn., soasic 'r:iüberries- Perbbl. Ï6.00@14.00 fot wild. Eíís--perdoz., 29@30cHidos- dry . per Ib. ,18@20c; creen , T@Sc. Calf Skin- Grer, UAl'o; dry, 2-ï30. ShaepSkiue- 4Cha;ü; lamb Bkiñs4O@co. Hops - ím'w, perlb.. 14(3)18c. Lard - perlb.. lG'alïc. Oatp - per bu. fiOr. ó-:. Oniíras- per bbl. 2 5Yii2.TS. Potatoes - TtetvarreticsperbW. , SÍ4ÍW51.50. Tallow- SKíVSc. Turkeys - drofísed.perlb.. 20í21c. Wheat- extra white, l.-Jf,@l-2J No, l.$1.1U@l.l Amber, 1.M&1.07. iVS MUIMI PaODl . 'K JI.tRKF.TS. Aköks Offics, Iarch 31, 1870. We qnote this afternoon as foUowa : WHBAT- Wbtte. loois-HKc' : Rüd.'.'rc BT"K WHBAT- TIC CORN- 7Uc.6 OAT - ÍCc. BEANS.-Í1.50. BUTTER- 89c Síc. LARD- lTc. ji y- ateta, watt)-!.1. APPLES- Uriert- pee Ib. 7@l'c.;Kre;-u.SC(5 75c. POTAÏOKS- new, 3'J(íí3-''C CHIOKENS- He. Tt'RKKYS- 10c. HONBT- 2SC. PORK- 10.50 nor cwt. T1EICF- íSíieifl percwt.

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Subjects
Old News
Michigan Argus