Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1889-04-08
THE TRADE REVIEW.
A Further Decline in the Average
Prices Of All Commodities.
DULLNEss IN THE INTERIOR
Depression in the Dry Goods Trade-No
Improvement Noted In Iron, Coal OF
Copper-Increased Exports-Busi
ness Reverses of the Week.

Prices continue to fall, though the vol
of trade, both domestic and for
eign, continues large. Railroad earn
show an increase of Is per cent.
over last year for March SO far as re-
ports have been received, and yet
are lower and some have been
depressed, though at l%aterquota
lions partial recovery is seen. Trade at
points is pronounced dull or
quiet in nearly all cases, though at
Cleveland it is fairly satisfactory and
larger than last year; at Atlanta
it is satisfactory, with spring business
well sustained; at Omaha it is considered
good; at Kansas City improving and at
st. Paul trade in dry goods and clothing
is very active. There is also some inn
provement noted in Detroit, particularly
in shipbuilding, and lumber is firlner;
Philadelphia reports larger building
operations TIN ever, II real estate
transactions ii ST 200, 900 Tor March,
with d~ullness in the drug, liquor. to-
bacco. cattle, iron and coal trades,
though some activity is seen in struc-
tural iron and aibetter feeling in dry
goods. The money mprkets are easy
with light demand at Hearly all points,
and collections, though generally rather
backward, have improved somewhat at
Kansas City and Detroit, but have fallen
Off at Atlanta.
Wool has declined for nearly all quail
ities except New Mexican and Texas,
which are II shade stronger. The average
OF t04 quotations is "a. Scents against 25.1
cents March /. But il is thought that
the outlook is favorable for a good de-
mand when the new clip appears unless
manufacturing should continue UNI
profitable. depressing influences are
felt in several b~raachesof the dry goods
and clothing trade, not the least being
the accumulation of stocks which the
open winter left unsold. The demand
for woolens is very moderate and orders
for importation are restricted. Cottons
are duller and print cloths weak, at 3.S7
cents for 6ls, But raw cotton is an
eighth stronger, the export demand con
tinuing in excess of last year.
In the iron market more pressure to
realize is seen here and at Philadelphia,
and southern iron is offered at 80 cents
and 81 below the corresponding north
ern grades. Ear iron remains very dull
and rails nave sold moderately without
any lifting of prices. The allotment for
the year, has been decreased 2O0,0 900 tom
In the coal market no improvement
appears, and between the effects of an
open winter and the war between the
companies and the individual operators,
who underseli at pleasure, the situation
is discouraging to those who are trying
to maintain prices.
The sales of copper abroad at about
Sal per ton, with no news OF u settle
ment between the syndicate and pro-
ducers. causes ~stagnation here, and
while coke is sold at 15t cents for April,
the quotation for G. NJ. b. for July is
only 1916 cents.
Oil has been comparatively inactive
and q shade higher, but pork is 80 cents
lower. Pressuresto sell abroad and fear
of monetary troubles growing cut of
the Paris difficulty have reduced the
price of coffee half q cent, though a
stronger feeling was afterwards seen.
The average prices of all commodities
have again declined, over half of /
per cent. for the week, making the
fall since March / fully 2 pei
cent, and since Jan. / over 8 PEI
cent. The most important change is
the fall of 2scin wheat, which naturally
weakens as the dreams of expected far.
lners give place to the realization Of
large unsold stocks on hand, Reports
" Know illS@ llitia ~ iCSioiS W
tinue to foreshadow a large yield this
year, and the demand from abroad
though better since prices fell. is no
large enough 10 promise q clearing ol
the surplus stock on hand. Corn ha'
advanced Tic, expert demand continu
ing and oats attraction. The expor
business distinctly improves already
and for the last five weeks the valu,
shipped from this port aggregates S34,
010, 900 against SET 90 ,0eo for the sam
weeks last year. Meanwhile, in part
because changes in the treasury ruling
are expected, imports have of late beel
alittie smaller than last year.
The favorable crop prospects, though
disheartening to spectators, ten'
strongly to sustain the confidence o
those who look for improvement in al
branches of legitimate business,
The apprehension of stringency in th
money markets about April 1, has no,
passed, and the heavy liquidation in Sc
curities on foreign account, causes, q
yet, no such withdrawal of foreign CAP
itaI as has been feared. Distrust as t
some American securities does not We
seem to nave prevented continued in
vestment of foreign money in other Sc
curities, in loans of many kinds and /
industrial enterprises. The general
prevailing belief that in spite of preser
low prices the business of the ,countr
is to be on the whole prosperous thi
year, and that large crops will reviv
trades of all kinds, has its natural effec
During the past week the treasur
has taken in about four and one-ha
millions more money that it has pal
out.
business failures during the last seye
number for the United States Is
Canada 81, total 222, as compared wit
u total of $40 last week, 249 the wee
previous to the last. and 22i for the co
responding week of last year.
Heavy loss of Life and Property.
LONDON, April 6.-The high state
the waters of the river Vistula contil
ues. AT no point has the water rece
ed during the last week, and a lars
number of houses have bsen unde
minedand wrecked by the rapid curren
At Boensack; Prussian-P Poland, sever;
buildings fell into the river, and son
: of their occupants were drowned. viii
others were rescued with great diff
Guilty, and conveyed to the hospit
seriously injured, The damage, dire
and indirect. ~ very heavy.
Ex-Presiden, Cleveland is expect,
home to-day.
FRESH FROM THE WIRE.
-NE