The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1890-09-29
DuN's WEEKLY REVIEW

rae Way Being Prepared for Healthier
Trade Ga An Legitimate branches
ssensy Active ~ Most Poanss, Stringent
ne Mmny.
Nav Yonk. sops. a7.--R. g. Dun q Co.'S
Wselslp Replxr of Trade SAYS Liquidation
In nearly efl kinds of speculation comes. 90
the disappointment OF many, in connection
with largely increased supplies Of money.
and prepares the way for healthier trade In
all legitimate branches. With lower prices
there appears tho desired Improvement In
exports OF products. and the decrease for
tho past three weeks Is now only ~ per
cent. comparing with last year. The ifn-
ports are much enlarged by the effort 10 get
goods into the country before a new tariff
goes into effect, but the cuFreat accounts
OF such increase are exaggerated. The
value Of all imports for three weeks has
been but 1876 per cent above last years
record. A considerable increase appears In
woolens. linens, silks and other dry goods
but there i n fair prospect that the mer-
chAndsse exports win now exceed In value
the imports for the month. Grain does not
move freely as yet, but the exports Of cot
ton exceed hast years materially. and pro-
visions move In large quantities The re-
ports from other cities show a remarkable
activity In all branches of legitimate trade.
The excess Of bank clearings over those OF
the corresponding week iast year, In all
cities outside Of New York. rises 30 10 per
cent. for the month thus far. and at western
| and southern points the gain averages about
90 per cent Boston reports more trade wIth
easier money. At phlladelphia the shoe
| and heather trades are exceptionally good,
| but In groceries trade falls short OF antici-
patioHsf hardware is active and fFH and
| the iron trade improves. Chicago notes a
heavy decline Ia grain receipts, compared
with last year. but large increase In
dressed beef. lard. hides and wool. and a
1 decline in butter and cheese; the dry goods,
] clothing and boot and shoe trades exceed
| last years, with satisfactory collections.
| Cincinnati also reports quite good trade
/ and fair crops, but some pressure and q
| large demand In the money market. At
/ Cleveland trade Is good, though ore Il in-
| active. but the demand for finished Iron
| products II unprecedented, and al Pittshura
| II holds prices iirmly. though there Il q
slight weakening In pig iron. Mill
wankee reports trade much In ex-
cess OF last years. and Detroit also.
with manufacturing works fully employed.
At Minneapolis lumber has advanced 50
cents, While wheat Is sunsettled. with receipts
OF I,lOo. 900 bushels. and the -four output II
i7e,0o0 barrels. Kansas City reports q
steady trade, and Savannah notes general
activity, with Arm prices for staples.
Though money Is not very active at mosl
points. and very stringent at many, tbs
volume OF business does not seem 60 be ans
where curtailed thereby, and the reports Al
10 collections are much morefayorabie thar
/ a0.snl Tslaa eremt snduRfFfee na reungta "A 4.
ready cited show, are decidedly active, tbs
| wool manufacture having especially I'm.
proved, with much more satisfactory orders
The cotton manufacture II sustained by I
large demand for goods aud In numerous
minor industries the expected chang'
0f duties Il said % he ths
basis OF creator activity. Iron ls mor'
arm NJ Philadelphia and n not mncl
pressed for sale here. though some Chicag'
, sales Ia this region are reporteai but tn
, demand for bar increases, with an advanc'
In the price, and the plate and all structnra
mills are crowded, though steel rails ar
stIIl inactive. Some Improvement Is ais
, reported In coal There has been NOR
, liquidation In stocks without serious de
! cline IN prices OF any excitement
i The business failures occurring aariu
1 | the Last seven days number 2iD. as com
+ pared with i90 last week; Cor the CORE
! spending week Of last year the figures weF
: i9N