The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1890-09-01
Dun.s WEEKLY REVIEW.


im aise Money Market.
NEW YomK, Ang s0.--R ii. Dun a Cos
Weekly Review says: The great relief IN
the money market here caused by the
treasury purchase Of 4l-2 per cent. bonda.
the refusal % the labor Federation 20 take
up and extend the strike On the Central
railroad and the prospect that the senate
viii soon reach a final action IN the
tariff biiI--have all tended To improve the
state of hnslnese. At the same time better
crop prospects have brought distinct Feae-
tion Ia the specniatlons which most retard
exports Thna. while the volume of domes-
Tic trade continues greater than IN any
previous year "a this season. bank clear
snaa for August outside of this csty exceed
last years ~ y per cent. and Tire outlook
h clearer and brighter.
Wool safe@ Af Beaten reached a.Des s000
pounds and many mills having substituted
territory warp FOR lleece wooi tn use. the
market FOR fleece has been weak and better
orders for wooden goods arc reported BY the
milfs fair trade continues IN cotton goods.
Copper Il ffner again. after large sales az n
oentA TIN has advanced i-2 cont and lead n
stronger at ss.7e The boot and shoe Israde
ii large and actlye. The past week shas
witnessed aome further Improvement In the
demansi Cor manufactured forms of lron and
steel plate and structural mills are crowded.
with better prices IN some cases. Hut the
pig Iron market. according 10 private ac-
counts from Philadelphia, b badly iisorwan-
ixed a. present and II not stronger there.
ths doubt whether production has not mueh
exceeded the demand Affecting the views of
huyeF~,
Staanatlon bravalis In the coal trade and
II IA admitted that many prices 'stfil rule III
actual sales. The reduction ct output re-
strlcts very hnperfectly the total this year
90 Aug. is. being only $4,000 tons behind
last years record. Accounts from other
cities are even more favorable than usual.
excepting N co money maraegs. hostor
notes especial activity in leather. Ia Phila-
aelphla coileetlons III nanny branches rem
deFed slow ~ monetary pressure. Chicago.
an the contrary, reports m0aey plenty nj Q
per cent ON rzff HHu collections easy q
better trade than last year Ia dry goods and
ciuthings reduction nf Is per cont. In
stock yarda business since the strikes q de-
crease 0f 80 per cent. III wool, compared
with last years 20 per cont. In butter aud d
steady decrease la dressed meef. nsst a large
increase In cured meats. lard. cheese. cattle,
hides and Ieo per cent On hogs.
st. Louis has y fair volume OF trade aud
Milwaukee, notes = rapid absorption 81
money by grain naoyemente az increased
prices. Az Detroit, Cleveland Omaha and
sf Paul trade i satisfactory ard at Mlnne-
applis the honF output II iTp.aou barrels,
and the lamher trade i taFm. AZ Kansas
City 40 change + noted and a. fltssburx a
xuo6 demand for manufactured iron. savhn-
nah reports hFlak trade, bat Jacksonville
mnch encouragement. Atlanta trade y good
and the crop outloal very prUmlAlng, In
tnnloz money markets du nat yNt feel tbs
pnllaf seen hers. aud ~ Philadelphia ths
market u tight ~ 80 81 per cent. for
pommaefeiml paper at rlts@barg active az
"a Z. at Cleveland the demand exceeds tho
supply, ~ Detroit the aannnd i strong u q
All milwaukee, the market II very arm at i
and nj st. Paul Tight a. Il 4 Ct 81. Louis
withF 20 ruling, and ~ Savannah and Al.
lanta, Presumably this pressure win CON.
tlnue A. business expands and products 4.
forward "a market.
The movement ~ SOME staples n rherkes
by high prices. wheat exports fall below las
year and the value of an exports from Nes
York for four weeks show decrease IN =
l-a per cent, from lasf year. wheat and corr
each about 3 cents and cats cents 70
the week 0tl over - cent?, pork 70 cent
per barrel and cotton s-s 81 cemt- noNs
lard and butter are stronger and coffee mi
changed the business failures oecurrIn
sshgossahaut the eouatry dursMg thn III
Gesen days nalalber 10 IS eohlparSa VT
1nz lasf weeN. Fof rhe corfespnndts.g wsse
of last yanr the figures we're ail