Wessington Springs herald. (Wessington Springs, Aurora County, Dakota [S.D.]) 1883-1891, 1890-10-10
DuN's REVIEW OF THE WEEK.
An Unprecedented Increase in Circulation
for the Month of September.

An Unprecedented Increase in Circulation
for the Month of September.
New YORK, Oct. Ar. G.. Dun s. Co.'s
Weekly Rcuie,o of Trade Says.
Never before has there been in any month
so great an increase in the circulation or SO
large payment of the public debt as in the
month just closed. Domestic trade is i'm
proving in all directions, at least for the
time; there is also Improvements in exports,
which now show a gain OF
2 per cent over last year at New
York. OF the magnitude of domestic
trade, it appears that actual payments
through clearing houses outside OF New
York, were, in September, 1917 per cent.
greater than last year. This is partly due to
higher prices, for the general average of
commodities has risen per cent. during the
past week, and has been over per cent
above last year for the past month. But
the earnings Of railroads, as far as reported
for September, shows a gain over last year of
~ per cent, and the movement Of cattle and
cotton are particularly heavy. In spite of
the short crop, the movement OF oats also
exceeds last years, while the decrease in
wheat and corn is partly balanced by the
increase in flour. Sales of iron ore ct Cleve-
land thus far this year exceed last years to
date by one-third. These items respecting
the larger trades accord with accounts from
nearly all cities, which continue highly
favorable. Boston notes healthy and
encouraging trade in New England; Phila-
delphia reports more confidence; Chicago
notes. besides heavy receipts of grain,
meats and cattle, q larger trade in dry
goods than last year, with prompt col
1ections, and the same in boots and shoes,
but not SO prompt collections in cloth
ing; St. Louis notes unusuA 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 produce on account
of local scarcity; Milwaukee notes a very
good trade, the clothiers especially being
unable to fill unexpectedly heavy country
orders. At Savannah trade is very brisk;
at St. Paul, Minneapolis, Omaha,
Denver and Kansas City it is
very good; at Detroit, better than
last year in some lines; at Pittsburg, large
in volume and strong in tone for finished
iron, but less strong for pig iron and rails
and for glass chimneys. Many works there
are hurrying preparations to turn out tin
plates.
The ison market is singularly sustained in
spite of the unprecedented production on
the precedented demand. There is sharp
advance in tin, with prices nominally "a
cents. though the visible supply is
greater than year ago. Lake cop
per is firmly held at II
cents, Notwithstanding the raids on other
grades, and lead is strong at 5.37 cents, some
foreign lead having been bought for inn
portation. Cotton and coffee have been UNI
changed in 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 dis
turbance. The general soundness of trade
is shown by the reports of failures, which for
the third quarter of 1890 were smaller in
number and amount of liabilities than for
the same quarter of 1880, though in Canada
it is rather larger in both respects.
The decrease in number in the United
States was small-2,196 this year against
2,276 last year; but the liabilities
were but S35,452,4 36 against $780,
27,045 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 107, as
compared with 210 last week; for the
corresponding week last year the figures
were 2O6