Omaha daily bee., 1890-06-21
DUN'S REVIEW OF THE WEEK.
Better Weather and Brighter Crop Pros.
poets Stimulate Trade,
INCREASE IN VOLUME OF BUSINESS
Money Markets Work Easily-Expcc-
tations Based on Currency Tx
pansion Are Little Less
Confident.
INCREASE IN VOLUME OF BUSINESS

New York, June 20.-fSpecial Telegram
| to THE BEE. r G.. Dun ~ Co.'s Weekly
Review of trade says: Another week has
brought still better crop prospects, con
tinued increase in the volume of business,
more definite assurance of the passage of the
tariff with its essential features unchanged
therefore, and more condolences in those in
dustreS which look for help from tho
measure. On the other hand, the passage of
a free silver coinage in the senate has raised
some doubt whether the two houses may not
finally disagree. Expectations based on cur
rcncy expansion are therefore little less
confident But the money markets work
easily everywhere and the continued exports
of gold as yet cause neither disturbance
nor apprehension. Reports from all parts of
the country continue encouraging. Season
able goods are in better demand with warm
weather at Boston. Boots and shoes and
leather sell freely at firm prices. The sales of
wool have been 2,OOO,0OO pounds, with slight
concessions to buyers. Dry goods arc quiet
and wooden goods particularly dull,
Philadelphia has very healthy trade in
boots and shoes, with quite a retail "boom"
Chicago has receipts exceeding last year in
grain, meats, hides and wool and larger sales
well and the shoe trade is excel
lent and in general the prospect
is good for more than the usual fall trade.
St. Louis reports trade of large volume
III nearly all lluGS WlIn prospects Improving.
The Minneapolis lumber manufacture sur
paSSess previous seasons, though the flour de-
mand is weak, and St. Paul notes Il better
trade with bright crop prospect. Mllwau-
kee finds the best of crop weather, helping
trade, and at Omaha business is active. A
speedy settlement of the strikes at Denver is
expected, and business is good, but at De->
trot strikes still curtail local trade and wool
moves slowly.
Pittsburg notes some sagging in the iron
and steel market, and the window glass
works have closed for the season, but flint
glass is active. Other western and southern
reports are of the same general tenor Better
weather and bright crop prospects stimulate
trade in all directions and collections are
good. The great industries are
waiting action in congress which is
by many expected to give them
new impetus But iron is fairly steady. The
wool market shows some signs of reaction.
The cotton manufacture waits the departure
of artificial speculative prices for cotton.
In all its departments the business in hides,
leather aud boots and shoes is active and
promising, with better prices maintained.
Copper advances Lead is quiet but strong,
tin is weaker abroad and here, and there is Il
stronger tone in the coal market with cXpec-
tation of an advance in price July |.
The state of foreign trade is fair for tho
season. Exports of brcadstuffs, provisions,
cotton and petroleum for May amounted to
S36 S74 or 5 per cent more than last year. 4
and in spite of great decrease in cotton IN
are other items gaining. For the three weeks
of June exports from New York show de-
crease compared with last year of 2.S per cent
and meanwhile, imports being temporarily
swclled by a prospect of higher duties, ex-
coed last years by POO per cent. b.. 1854
Wheat has declined a quarter for tho week
with no change in corn and with pork %
cents per barrel lower. The alleged market
for coffee is unchanged and OIL is a shade
higher with butter and eggs, but sugar has
declined and eighth for raw and refined
hn h1g fni1 ng.1s
the country during the past seven days mum
ber l99 as compared with total of 2l2 last
week. For the corresponding week last year
the figures wore 22O,