St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-11-10
REVIEW OF TRADE.
notwithstanding Politics. There
Has Come a More Confident Tone
Of

NEW YORK. Nov. 9.-R c. Dun & Co. s
weekly review of trade: The volume of le-
gitimate business has been wonderfully we'll
maintained during the past week, as during
the whole political campaign. And this is
the more remarkable because III the months
preceding those of political excitement
speculation had been unusually active and
extrayagant. There has come q more con-.
fident tone in many branches of business
and larger trade, with improving prices is
usually anticipated as result of the post
ponementof very many operations and pur-
chases in past months. In the reports from,
interior points generally ii is noteworthy
that the aggregate of transactions was large
for only five working days. AT all cities re.
porting. money continued i'll fair or active
demand while scarcely any complaint of
Stringency is heard, aud collections. though
omewhatinterrupteo,h have been OF the whole
satisfactory, with noted improvements in
several cases The large volume Of currency in
circulation. together with the temporary in
activity of speculation. explains the matter.
The circulation of allkindS of money reached
81 ,4O7. 81 ,66S Nov. l, being S4l,5O0, 900
larger than year ago In the past
week the treasury has also paid out 81, 100
600 more thanit has taken in. The report of
anthracite and bituminous furnaces
in blast shows Il weekly output of
12S.340 tons, against $I19.lS9 a month
ago, and 130.4S7 a year ago. In output
of charcoal iron the increase of about per
cent iii the month of October makes the
weekly output only about 1l2 Per cent
smaller than at this date last year. The in
crease of late has been mainly in Southern
production. No change in prices is recorded
as vet. Steel rails have been at very low fig
ures; in all, 10000 tons were taken by the
Vanderbilt roads and as much more by
other companies, and it is reported that
large orders can yet be placed at not more
than S27, The wool market has been decid-
eddy more active and stronger. but while Il
more confident feeling prevails in the goods,
trade Improvement i'll orders or purchases
is not yet observed. Cotton goods
have been firm, with n strong under
tone. The boot and shoe trade is firm and
actual deliveries this year thus far have been
z to & per cent larger than last years, with
net prices averaging q shade better, while
stocks are unusually narrow. The coke and
coal trade is very active al Pittspurg. and the
output Of anthracite coal, 913. SIC tons for
the last week has been for the year thus far
81, 16I,560 tons against -, $40 60 last year,
IL gain of nearly II per cent. Exports fell q
per cent below last years at New York. while
imports here in October were about per
cent below last years. Prices of The chief
exportable products still rule SO high as TO
prevent free movement. and wheat has adj
vanced during the past week about lie,
with sales of 31l2 million bushels: corn
has advanced 2ilc, with sales of 100000
bu; oats have advanced 5sc, pork sc pei
bbl oil lac, with small trading; cotton
1-16c, with sales or 500, 600 bales, ana coffee
has remained steady, with sales of 234. GOO
bags during the week Transactions in stocks
have not been heavy. and prices have
business failures during the last seven days
number 226. as compared with 275 last week
and 254 the week previous. For the CORE
spending week of last year the total was 245.