Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1888-04-16
WEEKLYTRADE BULLETIN.
THE TRADE SITUATION SUMMARIZED
BY r.. G. DUN & co.

~ VI
Government Crop Reports Give B%readstuf
a Sharp Adyance-Siow Charlottesville
Treasury Department Helps the Money
Market-Duu Trade, Hopeful Outlook.
NEW YORK, April 14.-R. G. Dun &
Co.'S weekly review Of trade will say: If
dullness in trade were always a bad
sign, the present outlook could not be
called hopeful. AT only one or two in
terror points is the actual business trans
acted satisfactory in volume. Nearly all
reports indicate comparative inactivity
tions, though at several points a consid-
cradle sl~ackening of trade is now noticed.
Money has become light at some west
ern and southern points, the complaints
of poor collections being much more fire.
quent. The clearing house returns for
the first week of April, which included
large deferred payments as well as quar-
terly settlements, showed a gain of . per
cent. over last year outside of New York,
but current transactions do not increase
to that extent, if at all. The inactivity
has caused a yielding In general prices,
Notwithstanding a slight advance in
some speculative markets.
The government report showing injury
to wheat was the occasion of a sharp adj
vance in breadstuffs, and wheat is still
2 cents higher, though 1t has lost part Of
the gain, and corn gains also, but oats
closed no higher than a week ago. A
fyhtnnrN ltoNrr,nrff ir nNrly h1a1 cnynn
short sellers, but prices quickly reacted.
Cotton is a shade stronger, for though
She crop already in sight exceeds the en-
tire crop of last year, and the falsity of
short crop estimates is proved, receipts
are falling off. Oil has risen 81 cents.
Sugar has also gained a fraction, but cof-
fee is uncertain and by some shaded to
secure trade, and teas are slow. Butter
is weak, eggs lower, and beef does not
improve.
In the dry goods trade there is only q
moderate business, with some cutting to
secure transactions. Print cloths have
declined to 81 cents, and the tone seems
weaker for cotton goods generally, ex-
cept for the most favored makes. In
woolens no change appears. The boot
and shoe trade continues cheerful, and
the demand is good, but prices realized
are slightly lower. Leather is quiet,
with a fair volume of trade and heavy
sales of selected South American hides
at is to 1870. Are reported. Rubber IL
yery firm al 78c for parafflne.
The report of iron furnaces In blast
April / indicates SLIGHT increase since
March /. the %capacity Of thef few LARGE
furnaces which have resumed exceed
ing that of more numerous furnaces
which have ceased production. but it
proves that a further decline this month
is to be expected. The demand is so far
satisfactory that the Thomas company
reports sales as large as last ,year,s to
date. and other concerns report fairly
liberal sales, but the Offering Of southern
iron at $40 to $50 for No i. and sTR ia
SIC. so for No. 8. still distarbs the trade.
Sales of 81, 900 tons of steel rails at east.
and 10, 900 at the west. are reported al
unchanged prices, but bar iron is low
and %i-reeular on account of yyastarn of-
fering. Wrought iron nine is lower and
nails are slower. the western association
having reduced rates for ali about 90 per
cent.
The stock market stands where IL did
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