Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1888-11-26
The Condition Of Trade.
r. g. DUN & CO.'S WEEKLY STATE.
MENT.
BUSINESS SATISFACTORY.
Fair Pogress Made During the Week and
h outlook Is Encouraging-speo-
ulation at a standstIi-
Business Failures.
INV YORK, Nov. M.-R. q. Dun g.

oubLneSS mas mace IA1r progress dur
ing the past week and at most points the
prospect for sfurther Improvement is
aconsidered good. The outward move
Ement OF gold at New York is NOT enconr-
aging to speculation. The engagements
Of gold for export amount to 81, 730, 900
for thb week, and bankers look for q con-
tinuance OF the outgo unles conditions
change materially. The immediate
cause Is not the state of merchandise, for
OF late exports have exceeded imports in
spite Of thestoppage OF wheat shipments,
but the sales OF securities on foreign &C.
count, which for some time have ex-
cseded purchases. A change in
the temper of investors might
result from settlement Of
rate wars, but at present foreigners do
not seem to regard American railroads
with the confidence formerly shown, be-
cause the effects of the inter state act
are thought serious. The stock market
has declined N the average about l per
cent. per share. IKE exports Of bread
stnffs from Atlantic ports have been
only 13Q,372 bushels wheat in three
weeks, against 1893, 32S bushels last year,
and 48,4W barrels -four against 675, sos
barrels last year, with an increase Of
500, 900 bushels corn.
Ihe cotton movement is large, but
sill much behind last years.. Re-
moval of duties In Portugal caused small
shipments Of wheat thither,. but from
other markets the current price still ex-
cludes Atlantic wheat, though the de-
cline here has been Axe for the week,
with sales Of 38, coo, 600 bushels.
Corn n oats are scarcely changed.
Pork and hogs are q shade lower, with
lard stronger.
No change appears in cotton. An es-
innate that the yield is 1900, 900 bales
Goes not accord with the accounts of in
jury In several southern states.
Coffee has advanced &c, with sales of
1853, 600 bags.
Oil fs practically unchanged, with re-
fined q shade lower.
Business is satisfactory or improving
at all northwestern points reporting,
money ia in good supply unless
Cleveland, where some stringency APP
pears be reckonad an exception. Col
lections at all points seem fairly salts
factory, and at many Improvement is
voted. From parts Of the south less en-
scouragingt reports are coming. Wet
weather. has injured much cotton and
caused much anxiety. At Memphis
trade does not improve and dealers are
more anxious about collections than
trade. Heavy inyestments In new en-
tsrprises throughout the south render
that section naturally sensitive when a
setback ID threatened.
The anthracits trade at New York Ia
duh and weak with the demand slacken-
Ing, and at Pittsburg suspension OF the
Mcnongahcla! mining Dec. LIST Is attrib-
uted to,obstfuctiona in the rivers.
The coke trade is active with ovens
building.
In the dry goods business there is
sconpAratiyei inactivity, but a large auc-
ton of woolens, which realized low
prices, brought together many buyers.
The great activity and advance of about
~ ~ encourages the hope that the
srade IN goods will improve, and some
Improvement is already seen in hosiery
and In some light weight goods.
Cottons are generally steady, with
some d~isconnting on wide sheetings;
print cloths are! Unchanged.
The boot and shoe trade improves. with
leather irregular.
In the silk manufacture it is reported
that the years production equals $4S,-
O00,O0V in value, about half the entire
consumption. BAL
The treasury has paid out only $500, 900
more than it has taken In during the
week, and the interior demand for money
has slackened, but bank clearings show
9 slightly smaller volume of business
outside of New York than, that of last
year, with q decline OF "a per cent. here
4 about 6per cent. at Philadelphia,
Chicago, Baltimore and Cincinnati. The
exports for three weeks fal 4 per cent.
below last years at New York, with inn
ports Z per below, which points to
g considerable excess sof exports over i'm.
ports fer the mdnth; but If foreign real
izing on American Investments contin-
nes the state Of the merchandise trade
will9not prevent soma outgo of specie.
Business failures during the last seven.
days number for the United States, $50;
Canada, 30; Total, 298. as compared with
237 last week, and 207 for the CORE
spending week Of last year.