The Hot Springs star. (Hot Spings [Hot Springs], Dakota [Dakota Territory, i.e. S.D.]) 1886-189?, 1890-07-04
THE STATE OF TRADE
r. q. DUN &co.'s WEEKLY DUoS4
NESS REVIEW.

h Money Market Reported E1rH.gWl11Es
Prospects of Sul Greater EasoeAa1ns
crease at Chicago Over Last Years Oeo1ne
Rusiness-All Lines Of Business neBeees-
Satisfa Glory Trade.
r. G. Dun 3 Co.'S Weekly Revtess a.
Trade says: While the volume Of tfa1o, /:
as indicated by special reports BY bank *.
changes at interior cities aud BY fAllroaa
earnings. continues larger than In IL
same month Of any previous year, ~
prospect for the future is rendered lees
satisfactory by industrial hesitation. ard
by doubt in regard to the. monetary out.
look. The industrial hesitation results
from the delay Of legislation and increased
uncertainty regarding the outcome. Wool
is distinctly weaker In the interios and -
eastern markets, and q disposition il shown
to meet the needs OF manufacturers. The
uncertainty also affects estimates Of ~
future demand for iron, and . the con-.
tinued addition of now furnaces week.-mrs.
that market.
Large Transactions in structural iron
and rails have been closed, but without
Strengthening prices. Cotton has declined
t cent. Wheat has fallen u cents, with
better news from the northwest, oats
cent and lard and hogs are q shade weaker.
Coffee is steady, but oil has declined 50
cents. Raw sugar is 1.16ce and crushed
4 c-nt lower and further concessions on TO-
fined are expected. The general level Of
prices is lower, in part because Of . reac-
ton from the many speculations which the
prospect Of unlimited coinage engendered.
Business at other cities Is we'll maintained
for the season, and the exceedingly CONN.,
dent tone hitherto prevailing does not 1t
all abate. If there are possibilities Of dis.
appointment they do not seem to be 10.
allied as yet. Boston notes q good Dc.
mand aud higher prices for cotton and
leather goods, a demand for lumber and
large receipts for wool, which tends 70
w%eakenthe market at Philadelphia. Coal
is dull. Chicago continues confident Of
large and profitable fall trade, aud the sta
tistics OF the board of trade show IN Ia.
crease over last year in the grain business
and in seeds and a slight decrease in meats.
but gain of nearly 100 per cent. in dressed
beef, IN increase in lard and q large de.
crease in butter.
The dry goods business exceeds last
years, and the prospects Of the clothing
trade for the fall are thought quite fattsr.
ling. st. Louis reports trade in ell lines
above tho average. Milwaukee notes ex-
cellent crop prospects and q good bust.
ness. st. Paul finds the situation very
encouraging and trade at Omaha and Dem
yer is good. At Detroit business il quiet,
wool moving slowly because farmers hold
for higher prices. An average business 10
reported at Kansas City and no change ct
Pittsburg, except that while iron mills ere
fairly employed, rails are 81 lower, and
glass works are closing for the season.
In all the reports, either from the north
or south, there is a noteworthy absence Of
complaint about collections, and the money
markets are fully supplied, but the dc.
mand is quite active ct st. Louis and
Cleveland and pushes close upon the sup-
! ply ut Milwaukee, while it 10 weak at Kan.
shs City.
The money market is irmer at Boston
and Pittsbrrg, but plentifully supplied at
Chicago and easy ut Philadelphia, and the
coming July disbursements are expected
to cause greater ease everywhere.
The business failures occurring through.
out the country during the last seven days
number 2O2 as compared with 1919 last
week. For the corresponding week OF 1889
the figures were 215.