The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1890-07-28
DUN'SREVIEWOFTHEWEEE
The Business Situation ant
Prospects in All Corners
OF the Nation.
The Weekly Crop Bulletin In Iowa
Shows the Wheat and 0at
Harvest Completed.
Another Exciting Day in the Grain
Pits on the Chicago Exchanges
---Fluciuating Markets.

RRw YoHK July %.
n. q. Dun 4 Co.'s Weekly Review q
Trade says: More money snd higher
prices meet the wishes Of most traders
aud accordingly the tone Of the business
world ia more satisfied aud confident
Mean while SILVER 10 acenmuiafing, having
risen cent per ounce by Monday, ana
since declined Of q cent, and shipmentH
hither from Russia have become knp~11
because Of speculation il grain and cots
ton and higher prices for some mAnn-
factured goods. The general average hAA
risen during the week half OF | per cent
and there are indications of removal Of the
speculative fever which the prospect Of
monetary expansion produced some time
ago.
But In other respects the outlook ~
good. Business is large for the season
and the great industries are On the whole
improving In condition. Latest reports
OF exchanges through clearing houses ouf
side of New York shows q gain Of I6 per
cent. over last year. The wooitn mama
facture shows the least improve ment Of
all the great industries. The failure Of
tho senate TO GO ON with tha the tariff
operated as wet blanket dealers say.
The boot and shoe trade is particularly
healthy and active for che season. A most
cheering statement IL made by the iron
and stael association, showing that stocks
of pig iron nnsold have increased la 900
tons since Jan. I, thongh the prodnetion
in tho sir months is reckonsd by the Iron
Age at 4, 100000 tons, whish woald tn-
aicate an incrsase Of naafif half miliion
tons in the consumption.
The market for pig and rails a waiting
IL former prices, bat bar iron " 6rmer and
more demand is seen In structural, plate
and bridge iron. The coal trade Is phe-
nomenally dull and the outpEt for July
has been restricted to 1000, ,Osl0 tons. Cop
per rises steadily with the growing demand,
while tin In an eighth lower and lead quiet
Wheat has bean hoisted again By great
persistency in circulating unfAvorable re-
p0Sss of yield al home and abroad. hnt
exports are not large and the prospect in
most Of the spring wheat regions 10 very
bright. Prices advanced as eents for wheat,
"A cents Cor corn and 3 cents ON oats on
small transactions. Cotton also rose lie
of q cent ON sales Of 230,00o bales In spite
OF highly favorable crop reports. Conee
Was steady, and dealers claan that better
distribntive demand begins y % feit' Vu
10 fraction higher with small tfading, but
hogs and pork products are lover.
haw sugar has been lifted fraction 10
splits of the depression OF the refined by
spreckles' sales. In general, the speca-
iative markets tor products show tend
ency 10 advance mainly because OF more
money and more speculation. The state
OF business q ether cities 10 everywhere as
favornhie and q SONS more favorable than
awsek ago.. boston notes trade steadily
exceeding last years, bui quiet IN some
branches, enu great activity expected
PhiIadslphsxandeFA better demand for iron
product, with dihicultyin obtaining prompt
deliveries. The tobaeso business h fair,
and the trads IN chemicals, drugs and
liquors. though qusst - usual at this sea-
son, is in good condition.
Chicago enjoys, according to board Of
| trarfs returns; ! large Increase IN ass grains
and considerable In cured meats and
/ cattle. with q dressed beef moyement three
times that OF last years. and sales OF drv
goods and clothing larger thaa a year ago.
Wool receipts ara small and the shoe trade
| ,x.s.k "a Tsxs.t0 va..s.rt. a fair voinma az