Custer chronicle. [volume] (Custer City, Black Hills, D.T. [S.D.]) 1880-1890, 1889-07-13
In Trade Circles

The distribution OF general merchandise
during the las, week was generally Of salts.
factory volume for the time OF wear Trad.
ing Ia many lines was rather more active
tnsn usual at the close Of June, ana the ont
look In NEST departments is favorable FOR an
early opening OF the fail season. Agricul-
tural prospects are on the whole favorable.
though weather conditions during the las.
lew weeks have somewhat impaired the pre-.
vlous splendid promise OF the wheat cron
Inc Yield ~ wheat, however, Is likely u be al
least oO,0U, 600 bushels larger than that o
iast year, and the outlook FOR corn. cotton
and other important crops is very encourag.
ing. The failures during the last week
throughout the United States aud Canada
aggregated 2l5, a decrease OF five from the
total OF the preceding week.
Ihe WOOL markets show increasing strength.
ana demand is improving, although manu-
LECTURERS are resisting the upward tendency
OF values and generally confne purchases 70
the supply OF near requirements. The move
ment or new clips 10 the seabOrd Is gradually
increasing. The woolea goods trade cor
tinues quiet, but market conditions are more
encouraging to sellers, and such makes Of
lightweight goods a. have been opened by
manufacturers are generally held q. abut ;
per cent. advance over last years prices. In
the grocery trade speculative LIQUIDATION has
caused a further decline OF Il az 8 cent per
pound In the price Of coffee, while The sugar
market has advanced to OF 4 cent per
DOIMI In pnnL1 N nj ~ ~. lf,...l a, -.
and continued strength of values in foreign
markets. The anthracite coal trade az Il
whole Is quiet, and production Is increasing.
Eastern demand is improving, but I, IL doubt
fuI II market conditions vii! eCpport the
nominal advance Of D 10 - cents Der ton ira.
has beex made in New York for eastern
shipments. The iron trade situation shows
sustained strength In value and generally IN
cteaslpg activity IA business.
There has been an advance Of > 10 20 cents
per bushel in the price OF wheat, Wn ch re-
hects the effect OF speculative buying, stimu-
iatea by adverse crop reports. The unfaVor-
able crop news In circulation on the ey-
changes has been very indefinite and doubt
less much exaggerated for effect on the mar
kets, which are at this period very sensitive
to the develorilents ia The harvest fields.
Russia, Hungary and the DLrtaWtst have
contributed l. oht Of The buliish y formation
about the crop outlook, 6ut The "newsr ia
mostly unofficial and unreliable. The On.
clnnatl Price Currents investigations indicate
AZ average condition Of - fer sjr'ng wheat
ana 80 Tor winter wheat, from which that
journal estimates An aggregate Weld approx
lInatsng s5,eOO,0 600 bushels @! epring
and BOO, O00, 900 70 315, 00t, 900 bushels OF win
ter wheat, or a total production OF A, UOO,-
600 TO i90 100000 bushels. II this estimate
shall be- verified by the results Of the har-
vest the crop yield will considerably exceed
that nf Sararg ryn,r3IDc 800. 49,.
mand for wheat has been very moderate. tue
speculative activity having had an .unfavor-
able effect on this branch OF the trade. Corn
prices advanced early In the week. owing to
small receipts and a reduct'ol III visible
stocks; bur better weather conditions have
since favored a large interior movement and
the market has receded to tao figures current
a week ago There IS a very FAR export de-
mand for corn, which 10 absorbing receipts 6.
the seaboard. There has been Il good distr!-
button Of provisions Doth fog home c0usump-
ton and export, and values gcLcraliv have
been well maintained.