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Commercial

Commercial image
Parent Issue
Day
15
Month
September
Year
1871
Copyright
Public Domain
OCR Text

New Youk, 8ept. 12. Gold has rulcd strong diiring the week under the manipulations ol speculators, aud has sold liigher than for ïnany nionths, hav Ing rcachcd 11 43.4 yesterday, aud closing toilay at 114l. The dry goods trude is especially active, aud all descriptious of goods firmlv held. Teas, coffees, sugars, and spices haveadvauced. Nails advanced 10@23c per keg. Flour andwheat have buen aelive and advancing. Latest cable qaotatlont are 12s lOd tbr California white vin;i.t in Liverpool, or 2.10 higher than a year ago. Europe is insuftieiently breadod, and uill probably furuisli a Bteady mar kut during tlic year for our surplus. Ia Ureat Brltaln the wheat erop is 25 per cent bhort ol' last year, and in Frunce ciie-third short, anJ of inferior quality. Other parts of Earope t is iboueht win pipdace little or 110 surplus. These facts seem to be uvll 'grounded, and are worthy the carefnl attentiou of the larmers. But while a good inurket is probable, exppctatlons ghould not run tOö liigli. The sea reit y of freiglitlug facilities continúes as a serlona irawIjaek. The liof erop this year promises to be of valno. Tlieie ure 110 western hops ol this year's growth yet quóted, but State are 45@50c, and lor lasl year's growth, 17 @27c. Dktuoit, Sept. 13. Tbe feature of the day yesterduy was the celebration of the opening o.' the Detroit, Lausing and Lake Miclngan Kailroad, soine six luindred goé&ts from .oints 011 the line of the road navlng accepted the hospitalices of the Bjard oi'Trade and city officials during ti:e day and evening. The road ds ai present open to ÖreenvUle, a dlstanceof 14-1 miles. But little was done yestcrday in wheat and flour, partly 011 account of the event mentloued absorblng the uiten tlou of deaiers, aud partly from the lirm neis of liolders. Au advauce of 10@12c on Wheat was eatabllsbed during iast week, but on Jlouday the market was 2t;Jc lowcr, aud strouger again yesterday. Priccs are affested, bowcyer, by the high rate of ireigliis, inlaii.l as well as foreign. Lake aud fanal lieiglits have both gone op, aud withiu the past ten days ihe cott of trans portlug a bushei of wheat from the west to Liverpool has increased about ten canta. This o!' necessity comes out of tbe price which the staple would otherwlse coni niaud. lJrices at Board are about as fol iows: Extra white, $1.45@1.4; No. 1 white, f 1.40 1.41; Amber, $1.86. Corn Is nominal at 59 for mixed and GO for yellow. Oats rlull ai 37@y8 for mixed and 40 for white. Apples in fair incjuiry at $2.50 per bbl. for shipjiing lots. Butter steady at 19 @20 for fair to good, and 21 for extra dioico. Cheese steady at 9)@10J for State factory. Eggs In light supply, and wanted at 18&14. Hops, 8alO for last year's growth. Potatoes quiet at 2.50a2.5 per bbl. Ank Aebok, Sept. 7. We quote this p. m., as follows : Wheat- Amber, f 1.30; No. 1 White, f 1.85; Delhi, $1.40. Oats- 88@85. Cokn- 00@C3c. New Potatoes - 80c. Onions - 00c. Bbans- $1.50. Botte k - 30c. Eggs - 12gcArrr.Es - 45@50c. Peaciies- $2.00@3.00.

Article

Subjects
Old News
Michigan Argus