St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-10-11
BUSINESS rs IMPROVING.
Prices of Commodities Are 81
Shade Higher.

New YORK. Oct. l0-R. G. Dun & Co.'S
weekly review OF trade says: Business III all
branches shows improvement. Prices of
commodities are q shade stronger than n
week ago. grain and oil having advanced.
with many kinds of manufactured products,
but the general advance since Oct. is not
quarter of 1 per cent as yet. The move
ment Of commodities is very heavy: the
money market is nowhere source of en-
barrassment. and the feeling of confidence
everywhere increases AT Boston business is
good, with advanced prices of many articles
as trade is adjusting itself to changes in
duty. Philadelphia reports advance III
wool and good trade in groceries.
The iron trade there and at Pittsburg is I'M
changed; the glass business is ellsustained,
and lead Is so scarce that some works requlr-
ing that material or spelter have suspended
operations. At Chicago the grain trade is
slightly below last years, with moderate in
crease in flour. nearly SO per cent in cured
meats, and volume of business in all lines
of merchandise fully up to last years. All
lines are strong at st. Louis and very fair
at Detroit; trade is good at Milwaukee. st.
Paul, Omaha and Denver, and satisfat tory at
Kansas city, Southern reports are generally
bright, the movement of cotton being re
markedly early and large. The great indus
tries are gaining. In spite of the enormous
output of iron. the tone is stronger,
and at Philadelphia mill iron 2Jc higher.
Consumption gains and until navigation
closes increasing strength is expected, bar,
sheet. structural and wrought pipe works
being crowded. The trade here is weak only
in mill and Bessemer iron. but with no
pressure TO sell. Wool is moving largely at
better prices at Philadelphia and Boston.
Breadstuffs have been advancing in spite OF
small exports, which fall far below last
years as yet. Wheat has risen 312c for the
week, on sales of 2u.00u,0 Ou blu here, and
corn nearly &c OH sales of 10.O00,000 bu.
Oil has risen &c with insignificant dealings,
and coffee is Ac lower. the present
range of prices being decorously de-
scribed as strained India rubber is
also lower, paraffine being quoted at
SS cents. Tin has fiuctuated because of tor
eign speculation, and sells at 23A cents.
while tin plates are higher, though The new
demand is moderate and the manufacture in
this country had actually begun to turn out
is scarce at 5.Suc, and the effect of the Next
can decision is said to be seriously felt.
Large contracts for lake copper have been
made. but there are reports of considerable
sales at 1874 cents. The treasury has taken
in during the past week $500 o. o. more
than lit has paid out. The state of for
eign trade is fairly satisfactory, for
while exports of grain are restricted,
cotton moves largely, and though
the value of exports last week showed a
decline in comparison with last year, the
movement then was remarkably in October.
But the weakness of American securities in
London, and the disturbed state of the stock
market there, approaching panic on Thurs
day. affects prices here, and lessons the
chance of early imports of specie. The bust
ness failures occurring throughout the
country during the past seven days mum Der
2l5. as compared with a total Of 1877 last
week. For the corresponding week of last
year the figures were ga.