The Hot Springs star. (Hot Spings [Hot Springs], Dakota [Dakota Territory, i.e. S.D.]) 1886-189?, 1890-08-01
nuM.s WEEKLY REVIEW.

- siness siteauon and Prospect. In all
Quartcrs-The Tone OF tho business
World More Satisfied and Confident
Remarkable Absence Of Complaints Re-
garding Collections.
r. G. Dun l. Co.'S Weekly Review Of
Trade says: More money snd higher
prices meet the wishes Of most trad RS,
and accordingly the lone of the business
world is more satisfied and confident.
Meanwhile silver is accumulating, having
risen I cent per ounce by Monday, aud
since declined 1 Of a cent, and shipments
hither from Russia have become known
because of a speculation il grain aud cot
ton and higher prices for some manu-
featured goods. The general average has
risen during the week a half of / per cent.
and there are indications Of removal Of the
speculative fever which the prospect of
monetary expansion produced some time
ago.
But in other respects the outlook is
good. Business is large for the season
and the great industries are on the whole
improving in condition. Latest reports
of exchanges through clearing houses out
side of New York shows a gain Of Is per
cent. over last year. The wooden manu-.
factare shows the least improve ment Of
all the great industries. The failure Of
the senate to go on with the the tariff
operated as o wet blanket, dealers say.
The boot aud shoe trade is particularly
healthy and active for the season. A most
cheering statement is made by the iron
aud steel association, showing that stocks
OF pig iron unsold have increased $4,000
tons since Jan. I, though the production
in the six months is reckoned by the Iron
Age at 4, 100 1000 tons, which would in.
dictate an increase of nearly half a million
tons in the consumption.
The market for pig and rails is waiting
at former prices, but bar iron is frmer aud
more demand is seen in structural, plato
and bridge iron. The coal trade is phe-
nomenally dull and the output for July
has been restricted to 5000, 900 tons. Cop
per rises steadily with the growing demand,
while thu is an eighth lower and lead uuiek
Wheat has been holsted again by great
persistency in circulating unfavorable re-
ports of a yield at home and abroad. But
exports are not large and the prospect in
most of the spring wheat regions is yery
bright. Prices advanced % cents for wheat,
~ cents for corn and 3 cents on oats on
small transactions. Cotton also rose ZIG
OF a cent on sales of 100000 bales in spite
OF highly favorable crop reports. Coffee
was steady, and dealers claim that a better
~dlstrlbutive demand begins to be folt. OIL
Is a fraction higher with small trading, but
aogs and pork products are lower.
Raw sugar has been lifted a fraction in
spite of the depression of the refined by
Spreckles' sales. In general. the specu.
lative markets for products show a tend
ency to advance, mainly because of more
money and more speculation, The state
of business at other cities is everywhere as
favorable and at some more favorable than
u week ago. Boston notes a trade steadily
exceeding last years, but quiet in some
branches, and great activity expected.
Philadelphia finds q better demand for ir.n
product, with difficulty in obtaining prompt
deliveries. The tobacco business is fair.
and the trade in chemicals. drugs aud
liquors. though quiet as usual at this sea.
son, is in good condition.
Chicago enjoys, according to board of
Trade returns, a large increase in all grains
and considerable in cured meats and
cattle, with q dressed beef movement three
times that Of last years, aud sales of dr.,
goods and clothing larger than a year Az.
Wool receipts are small and the shoe traas
quiet. st. Louis reports a fair volume u
trade in nearly all lines and good prospects
for the fall. At Kansas City business ia
better, and at Milwaukee and Detroit fairly
maintained for the season with good pro-
spects. At Pittsburg iron is slightly
weaker for a few grades, but manufactured
products are in good demand and the glass
trade steady.
There is a remarkable absence Of COM
plants regarding collections in the reports
received and the money markets are now
stringent. With nearly all conditions thus
favoring business activity, there is q com
stantly growing embarrassment i'll I'LL de-.
partments of trade and industry which are
likely to be affected by the passage or fail
IRE of the tariff bill. Foreign trad. il
naturally adverse under such circum-
stances, while exports from New York for
three weeks of July show u decrease of
l51-2 per cent. Compared with last year
there is an increase of no less than a3 per
cent. in imports here.
The business failures occurring through
out the country during the last seven days
number 1879 as compared with 2O7 last
week. For the corresponding week of last
ye r the figures were ZIG.
Two Men Chopped to Pieces.
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