Wessington Springs herald. (Wessington Springs, Aurora County, Dakota [S.D.]) 1883-1891, 1890-11-07
DUN's WEEKLY REVIEW.
Tho Approach of the Election Causes
Some Stacking of Trnde-lsepOrts as to
Collections More Satisfactory.

Tho Approach of the Election Cause
Some Stacking of Trnde-Reports as IL
Collections More Satisfactory.
weekly review of trade says: The approach
| of the election has caused some stacking o.
trade at many points. which is obviously
temporary. At a few cities. Notably ST
Louis, there is observed a reaction from the
great activity which prevailed just before
the new tariff went into effect, the demand
for the time having been satisfied by deal
ings in anticipation of that measure
but at nearly all cities trade continues
| remarkable large and the payments
through all clearing houses outside OF New
York for the month of October will proba-
bly, be the largest ever recorded in amy
month. exceeding those OF last October by
about ID per cent, and those of last May,
which were S2.OS7. 900. 900 and the largest
| ever known 10y abou, 10 per cent. Foreign
trade for the month will certainly prove
the largest ever known. and the great in
dustries are all unusually active. Boston
notes increasing capacity by the largest
wooden mills. Manufacturers are paying
advanced prices for wool. Hides are lower
but leather is very firm. Philadelphia.
healthy and promising. "A greater trade
than ever before in the paper, sta
tionery. printing and leather pro-
ducts AT Chicago receipts of grain fall
below las, years. and hides and wool =,
third. but cured meats and dressed beef
show an increase. The dry goods and cloth
ing trades surpass last years. and the shoe
trade as we'll. though lately less active. 81.
EOflS do nntj nl-ar ,cif l.
the retail trade fairly active but feverish.
Cleveland notes good trade except in cloth
ing, and manufacturers busy. Detroit good
trade and active manufacturing. Milwau-
kce steady trade, improving with cooler
weather. ST. Paul very good trade, aud
Minneapolis "a -four output OF 10000 bar
rels, with wheat receipts 100000 bushels
Kansas City satisfactory trade. and Denver
fair.
At the south business is thriving. New
Orleans reports large receipts Of sugar and
rye and good prices. though the buling of
cotton is hindered by the weather, but at
Galveston trade improves with better
weather and orders are free.
1t may be said, moreover. that reports as
to collections throughout the country are
more satisfactory There is scarcely a mem
markets are about as last reported. though
firmer. with sharp demand at Boston.
firm but easier at Philadelphia, and still at
Chicago, and scarce at Z to s per cent. at
ST. Louis; somewhat stringent with large
demand at Cleveland and Detroit strong at
per cent. at Milwaukee. tight at Savan-
nah with good demand at Denver. but easy
at Kansas City and easier in spite OF
the demand in New Orleans. The rates at
New York have varied widely. The de-
mand for the interior does not cease.
The great industries are doing more on
the whole than at any time in the past,
while iron production is at the maximum.
and the market at Philadelphia is very
''niNed.' Iron seems stronger and steer
weaker. Best foundry iron is unchanged
here, at Philadelphia and at Pittsbug, but
Besscmer iron is weak and at Pittsburg
lower. with steel rails 80 cents lower Disu-
greemcnts in the association are reported,
md the market here is demoralized. with
sales reported at $40 at the MILL In bar
and plate iron large orders are less frequent.
but the mills are busy and small orders are
active. Copper is sold by outside holders at
S16.62. Tin is steady at $2l.5O and lead
strong at $3.50.
October trade in coal was below eXDecta-
lions. but an advance of 10 cents in 1 lie
price has been ordered and the output FOR
November fixed at $4,000 tons. Cotton is
II quarter lower, with goods unchanged and
in active demand, and takings by northern
spinners fully up to last years. The pack
ing business is heavy and prices of pork
products steady. with hogs 60 cents per 100
pounds lower. Speculation has not been
active in breadstuffs. though
wheat is Il cent higher on sales of $4,000. 900
bushels, and corn has risen IA cents on
sales of 5000, 900 bushels, oats being three
quarters stronger also. Oil has declined
about 80 cents on small trading. Sugar.
both raw and refined, is a shade lower. but
the general average Of prices, because of
the advance in breadstuffs, potatoes ard
dairy products, isel fraction higher than :.
week ago and Sc per cent. higher than IL
year ago. This accounts in part for tho
enormous volume OF exchange throughout
the country, but there remains an appa rent
increase of over q per cent in the volume
of business, exclusive of the difference in
price.
The exports from this port for four weeks
have been $40, 0o0,0 900 larger in value than
last year, when October reports for the
whole country were nearly sos, 900. 900, which
indicates for the month much the largest
movement on record. Imports here also
show an in crease over last year of SI5,0Oo.-
600, SO that the aggregate for the month
may reach $50, ZOO, 900.
The business failures during tho last
seven days number 21S, as compared with
225 last week. For the correspon ding week
OF last year the figures were aG1.