Sturgis advertiser. (Sturgis, Dakota [S.D.]) 1887-1???, 1890-10-16
THE STATE OF TRADE.
IMPROVEMENT NOTED IN ALL
BRANCHES.
Prices of Commodities . Shade stronger.
The Money Market Nowhere Embarrass-
ing--Ah Advance In wool and Trade
to- d in Groceries Satisfactory Foreign
tTrada. 81

Trade. IS
NEW YoRK, Oct. 11.-R. G. Dun 4 Co.'s
weekly review of trade says: Business in
all branches shows improvement. Prices OF
commodities are shade stronger than a
week ago. grain and oil having advanced
with many kinds OF manufactured products.
but the general advance since Oct. is
not quarter OF per cent. as yet. The
movement of commodities Ii very heavy.
The money market is nowhere source OF
embarrassment and the feeling OF confl~
dence everywhere increases. At Boston
business is good, with advanced prices OF
many articles, as trade is adjusting itself to
changes OF duty. Philadelphia reports an
advance In wool and a good trade in grocer
les. The iron trade there and at Pittsburg
is unchanged. The glass business is well
sustained, and lead is so scarce that some
works requiring that material or spelter
have suspended operations. At Chicago the
grain trade is slightly below last years, with
a moderate increase in -four, nearly so per
cent in cured meats, and a volume of bust
ness 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 satisfactory at Kansas City. Southern
reports are generally bright, the movement
of cotton being remarkably earlyssan large.
The great industries are growing.
In spite of the enormous output of pig roll
iron, the tone is stronger, and at Philadel-
phia mill iron is 25 cents higher. Con-
sumption gains, and until navigation closes
Increasing strength is expected, bar, sheet,
r+w rr%,, w~Sx hni,,s
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. Bread
stufs have been advancing in spite of the
small exports, which fall far below last
years as yet. Wheat has risen az cents
for the week ON sales of 2O,00O,ooO bushels
here, and corn nearly cents on sales of
100000 bushels. Oil has risen
cents with Insignificant deal
ings, and coffee is for A il cents lower. The
present range of prices Is being decorously
described as strained" India rubber Is
also lower, parafne being quoted at SO
cents. Tin has fluctuated because of for
eign speculation and sells at 23L cents,
while tin plates are higher though the new
demand is moderate and the manufacturer
In this country has actually begun to turn
out plates before the tariff bill was signed
Lead Is scarce at $50, and the effect of the
Mexican decision is said to be seriously felt
Large contracts for lake copper have be
made, but there are reports of considers
sales at 1914 cents.
The treasury has taken in during the past
week $4,000, 900 more than it has paid out.
The state of foreign trade is very salts
factory, for while exports of grain are re-
stricted, cotton moves largely, and though
the value Of exports last week showed a de-
cline in comparison with last year, the
movement then was remarkably heavy in
October; but the weakness of American Sc
curities in London and the disturbed state
of the stock market there, approaching a
panic on Thursday, affects the market here
and lessons the chance of early imports of
specie.
The business failures occurring through
out the country during the past seven days
number 215, as compared with total of 1877
last week. For the corresponding week Of
last year the figures were 214.