St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-09-20
THE VOLUME GREAT
And Interior Money Markets
Generally Close

New YORK, Sept. 19.-R. G. Dun & Co.'s
weekly review of trade: The root of the
difficulty is that wheat is quoted at 9SS4c
at Chicago, S1.O234 here, and only SiO3 at
Liverpool for the same grade, SO that no free se
aid natural movement to the Seaboard, or
hence to Europr, can take place. Similar OBJ
stacles check the movement of some other
products Exports of wheat and corn are
not half those of last year at corresponding
dates. Butt imports are coming forward in
large volume. anxiety TO get goods entered
here before the new tariff goes into effect be-
ing great. In half of September the increase
OF imports over last year at New York has
been 8 per cent. but the decrease in exports
hence has been 10 per cent. The movement
during the last week has been toward
natural adjustment of prices, and wheat is
3lA cents lower, with sales of 31.0OO,OUO
bushels; corn, } y cents lower, with sales of
100000 bushels; cotton, 1s cent lower
with sales of 100000 bales, and lard
and hogs shade lower: but oats have risen
traction, oil nearly cent, and butter and
some other farm products are higher. The
interior money mardets are generally closer,
with the strong demand which an unprece
denied volume of business naturally causes
At Boston the stringency affects trade
somewhat, but wool is in much better de-
mand, sales reaching 5,693.O0O pounds.
Wool also shows improvement at Philadel-
phla, and cotton manufactures are faily act
i've. The iron trade is very active, and mail
makers advance prices to So per key.
year in shipments of grain, but increase in
lard, cheese, hides and wooden goods. Sales
exceed last years, with prompt collections.
Money at Chicago is close and rather SITTER
the demand being very heavy, but the
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 and per cent. At
all Western points reporting trade is good
exceeding last years, but everywhere money
is in strong demand, and at most places
tight. Closeness appears at Southern
pc nts; Galveston hopes for relief
as soon as cotton moves. Atlanta
reports cotton going forward rapidly
and not much trouble caused by tight money!
and Savannah reports a close market with
receipts 81 900 bales cotton, Is 800 barrels
rosin, and $3.50 spirits. The consumption
OF iron is enormous, the largest ever known
But the new business in bar iron is not
heavy, and the demand for rails is dull, with
some sales at $50. and reports of others even
lower. Pig iron is weaker. though quotations
do not change. The great increase in sales
of wool marks a revival in the manufacture
and the cotton manufacture is active the
decline in. raw maternal helping. Dry
goods business is growing in activity
over last year is conceded. The
movement of freight is heavy. and rail-
road earnings continue TO show an increase
though failure to adjust the question of rates
raised by the interstate commission is still a
disturbing factor. The general condition OF
business is so satisfactory, monetary pressure
only hindering, that the failure at Boston
causes no apprehension. If speculation does
not prevent adjustment of prices TO the con-