The semi-weekly tribune. [volume] (Great Falls, Mont.) 1890-1891, 1890-09-24
CONDITION Of COMMERCE.
X. q. Dun n Co. Report Large I'm
ports hut Light
Exports.
WOOL IN DEMAND At BOSTON.
Colonel George r. Davis Selected aS
Director of the Worlds
Fair.
Telegraphic News From Many Places
The Usual Grist Of
Sensations.

New YORK, Sept. 10.-R. G. Dun g.
Co.'S weekly review OF trade says: The
root of the difficulty is that wheat is quot
ed at $3.50 at Chicago, $l.024 here and
only about $1.O3 AT Liverpool for the
same grade, so that no free and natural
movement to the seaboard or hence tn
Europe can take place. Similar obsta-
Giles check the movements of some other
products. Exports of wheat and corn are
not half those of last year at correspond
Ing rates, but imports are coming for
ward ii. large v 'lumes, the anxiety to get
goods entered here before the new tariff
goes into effect being great, In the first
half of September the increase over last
year at New York has been nine per
cent, but the decrease in exports hence
has been nineteen per cent. The move
ment during the last week has been to-
ward d natura! adjustment Of prices, and
wheat is 81 cents lower with sales of
100000 bushels. Corn ia cents lower
with sales of 49, {, 1000 bushels. Cotton
one-eigthth cent lower with sales Of 3.205
bales, and lard and hogs a shade lower.
But oats have risen a fraction. Butter
and some other farm products are higher.
Interior money markets are geneally
closer with strong demand which the un-
precedented volume of business naturally
causes.
At BOson stringency effects trade
somewhat, but wool is in much better de-
mand, the sales reaching 5,G93, 200 pounds.
Wool also shows improvement ut Phila-
delphia and cotton manufactures are
barely active. The iron trade is very
active and the nail makers have advanced
prices to ~ per keg. Chicago has a
large decrease from last year in ship
ments of grain, but an increase in lard,
cheese, hides and wooden goods and
clothing sales exceed last years, with
prompt collections and the boot and shoe
trade also, although the past week it mas
been more quiet.
Money at Chicago is close and rates
sitter, demand being very heavy, but
stringency does not much affect general
trade, st. Louis notes good fall trade in
all lines, especially dry goods and boots
and shoes. with money at Z to 8 per cent.
At all other western points reporting
trade is good, exceeding Inst years, but
everywhere money is in strong demand
and at most places tight.
ClOseness appears at southern points.
Consumption Of iron is enormous, largest
ever known, but new business in bar
iron is not SO good, and demand for rails
is dull, with some sales at $50, and re-
ports of others even lower. Pig iron is
weaker. Although quotations do not
change, great increase in sales of woods
marks revival in manufacture, and cotton
manufacture is active, decline in raw
material helping.
The dry goods business is growing in
activity, even in wooden goods an i'm
proyement over last year being conceded.
Movement of freight is heavy and the
railroad earnings continue to show the
increase though the failure to adjustthe
question of rates raised by the interstate
commission, Is still a disturbing factor.
The general condition of business is 50
satisfactory that the failure at Boston
causes no apprehension. If speculation
does not prevent adjustment of prices to a
condition of legitimate trade, monetary
difficulties will soon he overcome by
the market in all products.