Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1890-10-01
DUN's WEEKLY REVIEW.

The Way Being Prepared for Healthier
Trade In All Legitimate Branchss-
Money Active at Most Points, stringent
ut Many.
NEw YoRK, Sept. .7.--R. g. Dun 4 Co.'S
Weekly Rericp Of Trade says: Liquidation
in nearly all kinds Of speculation comes. to
the disappointment Of many, In connection
with largely increased supplies of money,
and prepares the way for healthier trade In
all legitimate branches. With lower prices
there appears the desired improvement In
exports of products, and the decrease for
the past three weeks Is now only ~ per
cent, comparing with last year. The Inn
ports are much enlarged by the effort to get
goods into the country before new tariff
goes into effect. but the current accounts
OF such increase are exaggerated. The
value OF all imports for three weeks has
been but l5h per cent. above last years
record A considerable increase appears In
woolens, linens, silks and other dry goods,
but there Is fair prospect that the mer-
chandise exports will now exceed in value
the Imports for the month. Grain does not
move freely as yet, but the exports OF cot
ton exceed last years materially, and pro-
visions move In large quantities. The re-
ports from other cities show remarkable
activity In all branches Of legitimate trade.
The excess OF bank clearings over those Of
the corresponding week last year, in all
cities outside Of New York, rises to 16 per
cent. for the month thus far, and At western
and southern points the gain averages about
% per cent. Boston reports more trade with
easier money. At Philadelphia the shoe
and leather trades are exceptionally good,
but IN groceries trade falls short OF hntici-
pations; hardware is active and Arm and
the iron trade improves. Chicago notes u
heavy decline In grain receipts. compared
with last year, but a large increase in
dressed beef, lard, hides and wool, and =
decline In butter and cheese; the dry goods,
clothing and boot and shoe trades exceed
last years, with satisfactory collections.
Cincinnati also reports quite q good trade
and fair crops, but some pressure and .
large demand In the money market. Al
Cleveland trade is good. though ore IL In
active. but the demand for finished iron
products is unprecedented, and at Pittsburg
1t holds prices firmly. though there is
slight weakening in pig iron. NIL
waukee reports . trade much In ex-
cess Of last years, aud Detroit also,
with manufacturing works fully employed.
At Minneapolis lumber has advanced 50
CcuCos Wuhc Wucut IS unScJllcus VIVID TCCcIpto
Of l,10O, 600 bushels, and the -four output Is
100000 barrels. Kansas City reports .
steady trade, and Savannah notes q general
activity, with firm prices for staples.
Though money is not very active At most
points, and very stringent at many, the
volume OF business does not seem to be any
where curtatled thereby, and the reports as
to collections are much more favorable than
US ual The great Industries, as reports al
ready cited show, are decidedly active, the
wool manufacture having especially i'm.
proved, with much more satisfactory orders.
The cotton manufacture is sustained by Q
large demand for goods, and In numerous
minor industries the expected change
of duties Is said to be the
basis Of greater activity. Iron is more
firm Mt Philadelphia and Is not much
pressed for sale here, though some Chicago
sales In this region are reported; but the
demand for bar increases, with an advance
in the price, and the plate and all structural
mills are crowded, though steel rails are
still inactive. Some Improvement is also
reported In coal. There has been more
liquidation In stocks without serious de-
cline In prices or any excitement.
The business failures occurring during
the last seven days number 21S, as COM
pared with 100 last week; for the CORE
spending week Of last year the hgures wore
40.