Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1888-10-29
Weekly Trade Review.
POLITICAL EXCITEMENT lessons
THE VOLUME OF BUSINESS.
GENERAL TRADE LIVELY.
The Collapse OF the Lead Combination
Affects speculation-Money Easy at
Most Points-Exports and Imports
Failures for the Week.

NEW YORK, Oct. 27.-R. G.. Dun &
CO.. weekly review of trade will say:
Political excitement must nave pre-
vented a great many transactions during
the past week, and yet the volume of BUSH
ness has been surprisingly large.
Outside New York there is a general
increase in bank clearings over last year
OF 10 per cent. At New York, on the
other hand, a decrease of 10 per cent.
appears, which the difference in specnlat-
i've activity does not explain.
Foreign trade as a whole Is smaller
than a year ago. At New York for three
weeks of October, exports have been g
per cent. larger and imports 3 per cent.
smaller than last year. AT all ports the
imports for the month of September
were 81, 0G0, 900 smaller than last year,
while exports were 81, 400, 600 smaller, so
that the excess of imports over exports
of merchandise was only S2,249,o24 Out
side of the five principal classes named
q week ago, the exports increased
S26, 600, 900 or % per cent. a decidedly
encouraging sign. But prices of bread
| stuffs do not SO yield as to promise a free
movement, and the excess of imports
over exports for the past eight months
have been more than S94, 00O, GOO.
The inquiry for good American securi-
ties has not ceased in Europe, but the
course of events here is such as to pro-
duce some discouragement on the part of
the holders. While the average prizes of
stocks is only about 81 per share lower
than a week ago, the passing of some
dividends and the decline in favorite
securities at Boston nave weakened the
market. An advance IN west-beund
rates is announced for Oct. 26, ranging
from nc for the lower to 40 for the
higher classes, but the east-bound traffic
is still in unsatisfactory shape. The
purchase of the Georgia Central by the
Richmond Terminal looks toward a con-
%tinuanc of consolidation, but the I'M
welcome fact remains that expenses gen
orally increase more than earnings. Re-
markable activity in the stock market,
one way or the other, is generally ex-
pected soon after the election, n 1t
may have some effect upon finances and
general business.
The collapse of the lard combination
and the failure of the chief Spectator has
increased the distrust OF other specu-
latiye movements which disregard legit-
innate considerations. But wheat is &c
higher than u week ago, with corn 1Ac
lower, pork 5Gc per barrel, hogs Acc per
100 pounds, and lard SOC lower. Coffee
has fallen 5@e, refined oil sc and crude
certificates &c. A slight advance in cot
ton and q rise of sc in leather are the
chief changes in the other direction.
The iron market is less firm, though
still Of q waiting sort.
The coal trade also shows signs of
weakness, while the output for the last
week reached 96S, 004 tons, and actual
accommodations of stocks seems rapid.
In wooden and GOTTEN manufacture no
change Is noted, but although dry goods
transactions are called irregular, symp
toms of a better demand are reported.
AS usual, interior. reports indicate s
very satisfactory volume of trade, ant
these accounts are SO general that onl.
! the few exceptions call for mention
: Less activity is noted at Pittsburg, quie
, trade and slow collections at Memphis
: and slower collections at st. Patl, witt
! more careful scrutiny of accounts b,
iobbers. At Cleveland, too, manufact
0 uring is rather hesitant, and the none.
: market tends towards stringeney. Con
r siderable liquidation appears at Atlanta
bet increasing cotton receipts give prom
Use of greater activity there and at Mem
y phis.
Q The treasury continues to supply th
market literally with funds, having PAL
n out during the pastweek 81, 500, 600 NOR
d than it has taken in, the excess being !
silver certificates.
The business failures this week nun
her for the United States, 222; Canads
80; total, 254, compared with 216 for tt
corresponding week last year.