St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-03-21
BUSINESS is BRISK.
Most of the Trade Centers Make
No Complaint.

NO SOm DIaInt.
New YORK, March OR. G.. Dun &
Co.'s Weekly Review of Trade says:
There is found in almost all quarters a
feeling of confidence and hopefulness
as to the future. Though the present
effect of short crops is felt 10 the North
west. the prospect for the coming season
exceptionally bright, and while in
some OF the chief manufactures opera
tons are checked by uncertainty toward
prices, as might be expected. the re-
latlonS between materials and finished
products will be soon adjusted to the
new conditions. Sales of wool in New
ork, Boston and Philadelphia this
year so far show an increase of 20 per
|. cent over last year, and still continue
large. The dress goods makers have
closed the most prosperous sea-
son known, and hope for bet
ter prices presently. In knit
goods some complain they are carrying
too large stock. and that margins for
profit are close, but great many orders
are still receiving. The expansion and
dlverslfication of the manufacture
leaves for foreign supply only the finer
grades of wJrstedS that are not made
here. and even in mems wear WOolenS
the demand looks to styles rather than
quality. The boot and shoe business is
retarded by speculation in hides and
leather, as prices of goods are no higher
than year ago; but while buyers are
cautious they are numerous. and the
shops are fairly well filled with orders.
The IRON trade shows no change, buyers
believing that as soon as the demand
for consumption increases again, no
strikes or Shut-dOwnS will retard pro-
ductlon. Prices are sitter, and the de
mand for structural iron a trifie better.
Inc glass trade is fair, with prices I'M
changed, and lead is firm, but copper
weaker. The general average OF all prices
IS sstlll advancing, having risen half
OF | per cent for the past week. Reports
from Boston are that general trade in
merchandise is not active, the weather
hlndering. Interruption from strikes is
feared i'll the boot and shoe manufact-
ure; leather is quiet, buyers having
supplied their needs, and hides dull. as
consumers resist speculative advances.
At Philadelphia the iron trade is dull,
and the trade in liquors and tobacco
quiet; in Jewelry, paints and glass
light, with small collections. while in
printing and leather manufacture bust
ness Is better, and in chemicals fair.
PItts6urg notes no change in iron except
growing scarcity. The Monongaheia
coal mines are busy. At Cincinnati
trade is quiet and collections fair, and
at Detroit trade is very fair, equaling
last years. though country collections
are slow. Chicago reports decrease, COM
pared with last year, in -four, coru,
barley, lard and butter, and a de-
crease of half in dressed beef, but an
increase in oats, hides and wool.
In dry goods, clothing, and boots
and shoes trade sis larger than
year ago. but collections not so good as
they were recently. Milwaukee notes
much discomfort among iron miners,
who have several weeks wages unpaid,
pending negotiations for the transfer of
Mississippi trade is fair for the season,
except at Kansas City, where it is dull,
and IN that region generally collections
are improving. At New Orleans trade
is barely fair; at Memphis light, slow
collections. and at Little Rock money is
tight: but Savannah has jubilee over
receipts OF 100000 bales of cotton in
year, and reports bright prospects. The
money markets are easier at most of the
interior cities. including Chicago and
Boston. At New York rates have
changed but little, 215(d3 per cent on
call, but there is some difficulty in OBJ
tanning commercial loans. The treas
ury has put out $2.6O0,O00 more money
than 1t has taken III during the week,
besides issuing S1,0OO,00O more silver
notes. The business failures occurring
throughout the country during the last
seven days were 215, as compared with
273 last week