St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-01-11
BUSINESS is IMPROVED.
Easier Money an Il SeaSOnabla
Weather Help Business.

NEW YORK, Jan. 1O.-R. G. Dun & Cog
weekly review of trade says: An easier
money market and colder weather have
helped business some. The large PAYMENTS
by the treasury have much relieved tho
money market, the excess of disbursements
over receipts during the past week having
peen no less than So, 200,010. But the re-
markaDle movement in foreign exchange.
which has risen from S4Sl to SiS6 during
a single week, tends strongly to increase the
impression that the advance in rate by the
f balH OF England to 8 per cent and the re-
fusal OF gold bullion for export by that bank
nave started considerable realizing
on American securities by foreign holders
The possibility of gold exports at no distant
DAY stheretore discussed. Imports and ex.
ports have both fallen off much since Jan.
L, ana whlle either change may be but TEN.
porary. there are some facts which point to
different conclusion. Cotton exports have
peen remarkably heavy for three months
and are now falling behind last years, a
change which is natural and must be ex.
pected TO continue. The movement of wheat
mas not been large in December. with prices
comparatively low, and can hardly be ex-
pected to increase much with higher prices
In general, the foreign demand for American
products must have been to some extent sat-
lshed Tor the present by the unprecedented
exports OF the past quarter. Boston observes
more lire since the arrival of cooler weather.
but sales of boots and and shoes are curtailed
because winter supplies have not been sold
ana sales OF WOOL were but 2.446 900 lbs
nTcCC OeihS uIHl DuG territory WOODS lower.
chicago reports double last years movement
IN dressed beef and grain. but decrease Of
q third IN coal and a decrease in hides and
wool, dry goods sales below last years.
moderate dealing i'll boots and shoes and
quiet III clothing. AT Cleveland trade is
rather inactive. ut Detroit far and at Mil
Waukee quiet, with unfavorable prospects as
TO large country collections, owing to the
weather and the practice of dating ahead.
81. Louis enjoys good business. At Kansas
CITY trade is dull; at Omaha generally
GOOD, and at st. Paul the spring trade
Is opening fairly. The mills are all
operating DIT Pittsburg, and iron products
are steady, coal more active and the glass
trade fair Respecting money and coilec.
tons the situation is about as last reported.
Slow collections in Philadelphia with money
easier; prompt collections in boota and
shoes and an average in other trades at Chi
cago, with money firm; good demand at z
per cent and slow collections at Detroit:
some strlngency at Cleveland, with collec-
tons better than was expected. considering
D2ht country trade: some Improvement at
Milwaukee. rates 7GlS per cent at ST. Louis
and some stringency at St Paul, are the moro
prominent features. In general the interior
Notwithstanding the large amounts of money
sent West and South during the past four
months. No important change is seen in
the great industries. The coal trade remaing
dull and affects prices of coal stocks, though
the average for active stocks is about 50
cents per share higher than a week ago.
But sugar trust stocks have been pushed
down to about 80, notWith standing higher
prices for raw sugar. The business failures
number 373. For the corresponding week
or last year the figures were 3s1.