Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1888-03-26
WEEKLY TRADE BULLETIN
AFTER THE BLIZZARD A TEMPORARY
INCREASE OF BUSINESS.

AFTER THE BLIZZARD A TEMPORARY
INCREASE OF BUSINESS.
pense of Values IN the Leading Com
nodities-The Treasury Absorption a
Cause of Regret-The Failures.
NEW YORK, March Pr. G.. Dun &
Co. IS weekly review of trade will say:
After the blizzard, a temporary increase
of business, at least, wa necessary to
make up for lost time, aud to meet de-
layed orders. The increased activity
from this cause has extended through
whether q definite improvement in gen
eral trade has not come with it. In the
speculative markets there has certainly
been more activity, though generally at
the expense of values. Stocks, bread
stuffs, provisions, cotton, sugar, and oil
are all a little lower, but with larger
transactions. Stocks have declined about
90 cents per share; wheat is / cent, and
oats IL cent lower, lard and cotton IL
cent lower; sugar 1-16 cent, and Oil 5
cents, while coffee and tin have each
gained u cent. 1t is felt that the future
turns largely upon the money market,
which has been very easy, but the steady
loss of reserves by the banks,if continued
at tbs season, may at any dime bring a
sudden change. Up to March in spite of
sales of stocks, on foreign account, there
is evidence that foreign capital continued
to come Mther, probably on account of
bonds negotiated late last year and early
in January. The returns of foreign COM
merce for February show imports ex-
ceeding exports of mechendise by $10,-
1872, 1872, making the excess for two
months So, 600, 476, while the net exports
of gold were 1881, 769, and of silver 81, $780,
437. Considering half-yearly interest
and dividends abroad, and u~nderyalla-
lions of imports, certainly more than $780,
OOO,0 600 of foreign capital musthsve come
hither. But exports, since March l, fell.
21I per cent. below last years, and inn
ports are y per e above
last years; the large movement
of cotton and other products seemed
to have passed, and meanwhile the mar
ket indicates sales of securities on foreign
account. The reports from the interior
are generally quite, favorable. AT south
ern points the activity, and the early
opening of spring trade, inspire hopeful
a~nticipations, though the margin for
profits is very narrow. Comparative in
activity is the rule at northern points,
though here and at Boston there is some
pressure since the storm to make up de-
layed orders, and at Chicago and Omaha
increasing trade is noted. Collections
are noticeably slow at Cleveland,
and not entirely satisfactory at
Kansas City, but generally fair.
Detroit and Cleveland are the only
points where the closeness in the money
market is reported, though Boston be-
gins to draw from New York, and some
applications for discount come from st.
Louis, where rates are 6 to s per cent.
OF the larger branches of trade the boot
and shoe men appears most cheerful buy
ers, reporting good trade throughout the
country. The dry goods business has
been more active for the past week, with
steady demand and unchanged prices for
c%ottons, but woolens are in less satisfac-
tory shape. The demand for dress goods
is moderate, buyers passing for the large
Arlington sale, and the frequency of auc-
tons, of which no less than six occurred
Thursday, is u feature not entirely en-
NOoAaShhS' II iAoh Ad0 IL uSlpct lOT
the decrease in imports, which fell to IT,
643 tons for January, against 91,247 last
gear, and for February British shipments
to this country were only 42,476 tong,
against III, 403 last year. Yet the CON
slant offers of southern and western
products at prices q little below eastern
quotations, continue to depress prices.
No. pig is quoted at $40 to Sol, and
s~teelrails at $31, the orders up to March
! having been only 565, 629 tons. Absorb
ton of money by the treasury continues
to deplete tine bank reserve, and the pros
pect of any eerly action by congress does
not increase. The senate committee will
report f%avorably the bond purchase bill.
but also favors a bill for r%efunding, SO
that difference of opinion on this matter,
as in regard to the tariff, may delay ac-
ton. The disturbance of business by
western railroad strikz IS has nearly ceased.
and there are new reports that auarrels
about rates are to be adjusted, but the
interference of the Interstate law With
export rates through the various eastern
ports, is likely to cause difficulty. Bust
ness failures during the last seven days
number, for the United States, 212, Can
ada 81, total 243, as compared with 1853
for the corresponding week last year.
s5F 80 ~
AGAINST PLEuRo-PNEuMoNlA.
Gov Beaver Takes Measures to Stamp Out
i 2 Tho nraal n;,a,.o e