The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1890-11-06
WEEKLY REVIEW.
General Statement Of the Condition Of the
Business OF the Country


Business OF the Country.
New YORK, Oct. 81 r. G. Dun & Co. s
Weekly Review of Trade says:
The approa, of the eltions has caus
some slackening Of trade at some points,
which is obviously temporary. At few
a reaction from the great activity which
prevailed just before the new tariff went
into effect. The demand for time having
been satisfied by dealing in adaptations of
that measure, but at nearly all cities trade
continues remarkably large and the per-
mits through all clearing houses outside of
New York for the month of October will
probably be the largest ever received
in any month exceeding those of last
October by about 10 per cent and those
of last May the largest ever known by
about 10 per Gel t.
The foreign trade for the month will GER
tainly prove much the largest ever known
The great industries are all unusually aG.
tive. Boston notes an increasing capacity
The largest wooden mills manufacturers are
paying advanced prices for WOOL
Hides are lower, but leather very firm.
Philadelphia reports wool very firm and
trade promising A greater trade than ever
be ore is taking place in paper, stationery,
printing and leather products.
At Chicago the receipts Of grain fall below
last year, and hides and wool one-third,
but cured meats and dressed beef show an
increase.
The dry goods and clothing trade sur
passes last year and the shoe trade is well
thought of and active. st. Louis finds
trade perceptiby weaker, with the ret all
trade fairly active but feverish. New Or
leans reports larse receipts of sugar and
rice and good prices, though baiing cot
ton is hindered by the weather, but at
Galveston trade improves with better
weather and orders are free. 1t may be
said, moreover, that reports as to collections
throughout the country are more satisiac-
tory. There is a scarcity of complaint for
tariiness.
The great industries are doing more on
the whole than at any time in the past,
while iron production Is ut a maximum and
the market at Philadelphia is very mixed.
Iron seems strong and steel weaker. The
best foundrJ iron is unchanged here at
Philadelphia and at Plttsburg, but bes'
semer iron is weak and at Pittsburh lower,
with ste, rails zoo lower. Disagreement
in the association are reported, and the
market here is demoraized with sales re-
ported at 500 at the mill In bar or plaJe
iron large orders are less frequent, but the
mills are busy on small orders.
Cotton is quarter lower with good
supply and in active demand Takings by
Northern spinners are fully up to last year
The packing business is heavy and prices
of pork products steady, with hogs 60c per
100 pounds lower.
the exports from this port for the four
weeks have been ten millions larger in
value than last year when October exports
for the whole country re nearly 81
millions, which indicates for the month
much the largest movement on record
Imports here also show an increase ovei
last year of over 10 millions, so that the
aggregate for the month may react II
millions.
Business failures during the last days
number 2l8 as compared with 225 last
week. For the corresponding week last
year the figures were 28l.