The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1890-04-21

Exfraorainsry Speculation in Nearly Every
8rsnnh Of Traao Baildiag Operations
Retarded sn Aeceunt ef tar Numerous
strikes Failures.

Extraordinary Speculation sn nearly Every
nrsanh Of Trade -ssaslaiag Operations
R~smr.asa on Account of the Numerous
strIkes Failures.
NEW YoRg. Apii 10.
Il. G. Dun 4 Co.'S weekly review Of
trade says:
A season of extraordinary speculation
has set In. Grain, pork products, cotton,
oil aud sugar bave advanced, the latter m
spite OF tbs proposal 20 remove the entire
duty, aud spruce lumber also. IN spite of
the rapidly increasing interruption OF
building BY eight hour strikes. The gem
erai average OF prices for commodities has
advanced Of per cent. In q week and IL
per cent. in three weeks. Stocks have also
been stronger, tho reports of trade which
are influenced rather by prices at which
goods ara sold than by the volume of
business transacted are uniformly more
cheerful.
AT the same time there Is a co oniinued
evidence of an actual increase over last
year In the volume of business transacted.
Wheat was started upward by reports OF
injnry In winter wheat states. At New
York the sales have been i24, 900. 600 bush
els, probably the largest weeks transaction
on record. Corn has advanced in sym-
pathy' q cents and oats II cents. OH has
advanced All cents without known occa-
sion. Pork has risen % per barrel.
There is not corresponding improve
ment In the indnstrial condition. Wool
has been firmer al Boston, without any
change In pIice, and very dull and inactive
1t New York and Philadelphia. In the
dry goods no improvement is seen. Cot
ton manufacture does not thrive the bet
Ser for the advance In the material, with
goods unchanged IN price and print cloths
only 3.3 cents for Gas
Ths boot aud saoe industry is clearly
thriving and leather and hides are both q
shade armer and in more active demand.
The eight hcur strikers In many cities have
already arrested all building operations
and are expected TO extend SO thai the mar
net for glass Il already affected unfavora-
bly, and also the demand for structural
iron. In steel.Eails large orders are pend
ing, aud IL In thought they can be placed at
ss3. Bar iron is dull and impressed.
Substantially oil the reports from other
cities give an encouraging record OF the
state OF business. AT Boston improve
menf continues. The retail dry goods
trade is large and causes better iobbing
trade and domestic hides are higher.
At Philadelphia there is especial activity
In drugs and chemicals and the past week
was the best FOR long tilae In groceries.
Chicago reports the usual great increase
In the movement of grain and dressed beef,
lake shipments of grain being double those
Of last year and dry goods sales fully equal
70 last years, while clothing falls behind,
bat In fairly satisfactory. Collections
thsTe are generally good.
Sc. Lonis also notes improvement,
fairly prompt collections and expectations
Of good spring trade.
Az nearly all other western points similar
favorable reports are made end Sc. Panl
notes that recent rains help farmers and
seeding 10 going on rapidly. II In especially
that there lie no serious none
tary pressure anywhere. Money IL quiet
and easy at Boston, easier at Philadelphia
and steady with plentiful supplies at Chi
eago. st. Louis, Milwaukee aud Omaha,
Cleveland and Detroit only reporting some
uloseness.
Exports of products In march appear 70
have increased 5 per cent over j last year
and probably exceeded imports by s5,O00,-
boo, but thus far in April exports have
fallen about 10 per cent below last years at
New York, while imports show an increase
Of 12l per cent. The business failures 90
curing throughout the country during the
past seven days number 2i4 as compared
with 200 last week. Forthe corresponding
veek of last year the figures were 2l6.