Wessington Springs herald. (Wessington Springs, Aurora County, Dakota [S.D.]) 1883-1891, 1890-07-25
DUN'S WEEKLY REVIEW.
A Fair Retail Trade in summer Goods
The Wholesale Trade Rather ouiet-

"A heCaiA 1raue IN summer Goods
IN Wholesale Trade Rather Quiet,
T.. G. Dun & Co.'s weekly review of
trade: The silver bill has been passed and
has been signed by the president, but it
has had scarcely any effect on the market
as yet, excepting the advance in bar silver
to 5o.3ld, followed by a decline to sod. No
change appears in the money markets and
foreign exchange remains steady at a point
which admits exports of gold, the engage.
ments for to-day being $500, 900 for Ger
many.
The bank of England lost 81, 500, 900
during the week and the later advices from
South America are less encouraging. The
industrial outlook is not improved by de-
lays In congress-, nor by the drought in
some western states, which seem likely to
cut down the yield of wheat, but the VOL
ume OF business still continues yery laroe
Tor tue season and the prevailing tone in
almost every department of trade is conf.
dent and hopeful.
Western hides are higher and there is a
good retail trade in summer goods, though
wholesale trade is quiet. Cotton goods
are strong, but wool favors the BUYERS.
>AASo6O VI lEuu5 StAClStlCS con-
tlnue to show a great increase over last
year IN the movement Of all grains and
hour and in meats, the increase in dressed
beef being three-fold, and III lard, cheese
and butter large, with a considerable gain
In live stock, wool and hides.
Boot and shoe sales are a little slack. Init
In dry goods and clothing last years sales
ara surpassed and payments are good.
cleveland notes a larger trade than last
year, though %seasonably quiet at present,
and substantially the same is reported
from Detroit and st. Paul. Minneapolis
increases its output of flour by above
100000 barrels and reports u strong lum.
Der market.
Trade is good at Omaha and Denver.
but dull and inactive at Jacksonville. Tho
live stock movement at Kansas City ia
large, but at low prices. A rather
DETER tone is reported in the Phil
adelphla iron market, the shipments
for Six months have been 713. 2O5
Tons and sales made already cover about
three months more of production. Large
consumption of copper sustains the price
az 10 cents and manipulation has placed
TIN at 2l.55 cents, but lead is dull at Alp,
Coal is lower. Wool is dull and in limited
demand and no definite Improvement ia
seen in the wooden goods market.
Little is doing at present in knit goods,
The speculative markets have been curl
ously variable. Wheat is more than half a
cent " than a week ago, notwithstand-
ing some evidence of injury from drought;
the stock carried over from the last year
crop is estimated at co. OO, 900 to 70, OO0, 900
bushels, which, with a yield even smaller
than Is now expected, will more than meet
all probable requirements.
Corn has advanced nearly half a cent
higher again, in spite Of favorable CROP
prospects. Hogs and pork products are
weaker and coffee is unchanged, though
the distribution is very moderate. Raw
sugar has been advanced a sixteenth,
though refined is lower and the spreckel's
product is offered below that of the trust.
The general average of prices of commodi-
ties is nearly l per cent. lower than a week
ago, and with no setback in crop pros
poets, considerably lower quotations seem
probable.
The treasury has taken in 3d. 100, 900
more money than it has paid out during
the past week, though it has purchased
525,OOO ounces of silver at a price not
much below $1.10. Forsign trade con-
t1nues unsatisfactory as respects the mo-
mentary future, because the merchandise
exports from New York for half of July
fall 20 per cent. below those Of the same
weeks last spring, while there appears a
remarkable increase in imports for two
weeks, the gain being over 40 per cent.
The business failures occurring through
out the country during the last seven days
number 2O7, as compared with a total of
1877 last week; for the corresponding week
of last year the figures Hara 2O8.