The Red Cloud chief., 1890-02-07

~ weekly 1svssv Not - sssssGs~sssy -
slight n~-A~tivsty In ssx,Idias.
Nsw fonx. Feb. i.-R. u. Dun &Co.is
weekly review says: The closing OF os~
considerable hank and ,wo smaller oncs,
tends tn impair public confidence: In
other respects the new IL less favorable
ellis week. The financial depression .,
London doesn't abate, and there arr re-.
ports OF heavy Withdrawals of gold for
south America or France. Forcisn ex.
change herr has risen from ~ ~sa so
e*.s7S. The sales % bonds have bcen
small. and the treasury has taken In
oeariy 81. 2OO. 700 more cash than IL has
paid out Hardness Of collections at
various interior points causes more com.
plaint and the unseAsonably mild
weather once more dcprcsscs many lines
Of trade.
The exports for December proved
much larger than had b~eu expected,
with On exccss of 81. ON, OOo over i'm
posta. The exports In January from
New York have been smaller than las,
year by ~ per cent Money At New
York II abundant and cheap on call. and
demand for commercial payer Is nc~
atrong here. and at Philadelphia the -x.
change Ii about same; Ut Cleveland and
Milwaukee the market IL fairly active
With ample supply, and at 81. Louis.
fair and goUd demand, and other West
esn points fair aud easy demand.
The later Indications VI business o..
tivity are not quite No satisfactory ~
would bs wished. A heavy movement
followed the cold days At ~lsos,ou. but
wool sales q only a.<O0,o M pounds
with = depressed mArke. Goods do no,
Improve.
An unexpected demand has raised do.
mestic hides kdbc, but foreign WAS
dull. Leather II selling moro freely.
Philadelphia notes few sales of wool.
A. Chicago dealings In grain and meats
src large. but In dry goods somewhat
lcss for tho past two weeks. and the sho,
trade shrinks q little. Distribution has
been fair at ST Louis, Omaha and Kan.
ms City, very fair At Detroit, but dull y,
Cleveland. and depressed again by
weather At Milwaukee.
From the reports photographed IL may
IN inferred that trade since tho new
year began has not answered cxpccta.
tions, and there are some signs that the
mild weather Is not solely Ia blame. In
the iron business the mills are fully IN.
ployed at Cleveland. but sellers mako
better offers at Pittsburgh and some ~.
auctions occurred. and NJ Philadelphia
large lots which have been hypothetical
have been sold Ut some concessions.
Srightcning timid buyers. The indics-
lions are that cxcess of production b..
gins u he felt In the dry goods trade
che signs noted ~ ~Iioston. Philadelphia
and Chicago arc seen hero and at other
points. The coal trade also continues
much dcprcs~~i. ~ to anthracite. though
bituminous 10 active 1T fair prices.
The unsurpassed activity in building
has made materials strong and active,
Wheat II itc lower with sales NJ 20, 90.
60 bushels: corn, Ike lower. Cot
Ton In held by speculation, but
sales for tho week wcrc ovcr
1000. OOO bales, aud coffee IL
unchanged. but oil and pork products
arr dull. In the stock markc, ior the
PAST week tho avcrag" shows = slight
~ over last week and the rcpuIt
Oe earnings from all roads good.
Tho business failures are :si. -
against ms last week. For the CORE.
sponding week VI last year the figures
were ISL.