St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-10-04
TRADE rs
Increase in Circulation Help
All Branches of Business.

NEW YoKK, Oct. 3.-R. G. Dun & Co.'S
weekly review OF trade says: Never before
has there been in any month SO great an in
crease in the circulation or so large a pay
ment of public debt as in the month just
closed. Domestic trade is increasing in all
directions, and at least for the time there is
also Improvement in exports, which now
show for the past month a gain of z per cent
over last year at New York. Of the magni-
tude of domestic trade, it appears that actual
payments through clearing houses outside of
New York were, IN September, !612 per
cen greater than last year. This is
partly due to higher prices, for the
general average of commodities has risen l
per cent during the past week, and has been
over & per cent above last year for the past
N onth. Blu the earnings of railroads., as far
as reported for September, show a gain over
last year of 7l2 per cent, and the movements
of cattle and of cotton are particularly heavy.
IL spite of the short crop the movement of
oats also exceeds last years, while the de-
crease in wheat and corn is partly balanced
by increase in flour. Sales of iron ore at
Cleveland thus far this year exceed last
years TO date by one-third. These items re-
specting the larger trades accord with ac-
counts from nearly all cities. which con-
tinue highly favorable. Boston notes
healthy and encouraging trade in
New England. Philadelphia reports
more confidence. Chicago notes. besides
heavy receipts of grain, meats and cattle, a
larger trade in dry goods than last year with
prompt collections, and the same i'll boots
and shoes, and a larger trade but not so
prompt collections i'll clothing. st. Louis
notes unusual activity in all lines. with the
dry goods trade exceeding any previous year.
Cincinnati reports very liberal orders for
clothing, a good trade in tobacco at Favorable
prices. and heavy movement of fruits and
waukee notes very good trade, the clothiers
especially being unable to fill Unexpectedly
heavy country orders. At Savannah trade is
very brisk. At st. Paul and Minneapolis,
| Omaha nQnV0r and KQnSQC GjrU If ic
very good, at Detroit better than
last year in some lines, and at Pittsburg large
i'll volume and strong i'll tone for finished
iron and glass, but less strong for pig iron
and rails, and for glass chimneys. Many
works there are hurrying preparations to
turn out tin plates. The iron market is SIN
gularly sustained. in spite of unprecedented
production, by the unprecented demand. a
sharp advance in tin closed with prices nom
inally 24c, though the visible supply is
greater than a year ago. Lake copper is
firmly held at lie, Notwithstanding raids on
other grades, and lead is strong at .. 1870,
some foreign having been bought for impor-
tation. Cotton and coffee have been I'M
changed i'll price, with oil and hogs lower,
but the price OF wheat has advanced, while
oats have declined. The details given
show that in all parts of the
country. and in all important branches of
business, there is phenomenal activity, and
nevertheless there is comparative freedom
from speculative excitement or disturbances
The general soundness of trade is show by
the reports of failures, which for the third
quarter Of 1890 were smaller in number and
amount of liabilities than for the same quar-
ter of 1889, though in Canada rather larger
in both respects, The decrease IN number in
the United States was small, 2,I96 this year,
against 2.2TG last year; but the liabilities
were but $50, 452.436, against $50, 227 ,O45
last year, showing a decrease in the average
for each firm failing. The business failures
occurring throughout the country during the
past seven days number 1877, as compared
with 2l9 last week. For the corresponding
week of last year the figures were BOG.