St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-12
DUN'S VIEW OFT.
Reports and Conditions EncOur-
aging All Around.

New YORK, Sept. 1l-R. G. Dun & Co. g
weekly review of trade says All returns
of the condition of business are encouraging.
There is no room for doubt about the inn
provement in trade. From nearly every city
reporting there comes the same cheering in
formation that business is better and pros
poets brighter. At Boston business is in
creasing. AT Philadelphia the tone OF the
iron market has much improved Business
is encouraging at Buffalo, decidedly improy-
ing at Cincinnati and Cleveland, and it may
be noted that at Eastern points generally
some Improvement is seen in collections.
Receipts of wheat at Chicago are five times
those of last year, of corn double of rye
seven times. and OF oats and dressed beef
about a third larger. with some increase in
wool while a decrease of q third appears in
barley and cured meats. Dry goods sales in
August were the largest ever known. the
clothing trade Is very large with fair coliec-
tons, and the shoe trade excellent. Money
is plentiful for legitimate trade. Al Mil
waukee business is satisfactory; at Mime
apolis sales of lumber are large, with prices
stiff, and receipts of wheat 100000 bushels
against 800, 900 last year; at st. Paul improve
ment is seen and prospects are brighter
Even at the South the improvement is gen
eral, especially at Louisville, Memphis, Sa-
Vannah and Atlanta, and at New Orleans
trade is more active being especially strong
and money in good demand. The enormous
receipts of wheat have depressed the price,
al one time below 81 per bushel,at New York.
AT Western points the receipts thus far have
been much more than double last years, and
for this week have been $4,000 bushels in
four days. The exports continue large, but
the belief is growing that foreign crops are
not quite so short as has been reported,
though short enough to cause an unprece-
dented demand from this country. Thus the
price of wheat has fallen 5l2c during the
past week, with sales of only 22,0)0000 bu.
the fail since the highest point in August
has been 10 cents here and 10 cents in Chi
cago, and this week there has been q semi
panic abroad, as the new crop presses heav
lily upon markets overloaded with American
purchases. AT Liverpool the price dropped
7l2 cents, ana foreigners have ceased buying
here. Corn declined but little, and oats only
l cent The market for cotton was stronger
by about quarter before the government re-
port appeared, and has since advanced lit
tie further. Pork products are higher, and
oil about cents lower.
The great Industries are making salts
factory progress. Production has been main
tanned for three months within about 10000
tons weekly of the largest quantity ever
reached. and the consumption cannot be far
behind. A larger demand is seen for finished
products. especially for bar iron, and the
plate mills are full Of orders, but in rails no
change is observed. Wool is selling fairly
we'll at all the important markets and there
is seen better demand for dry goods, which
gives much announcement to manufact-
urers. The boot aud shoe trade is progress
ing quite as well as IL was a year ago, with
fair prices and encouraging demand.
The financial outlook is clearer. Exports
Of merchandise from New York for the past
two weeks have exceeded those of the same
weeks last wear by more than 50 per cent
white in imports there appears a decrease of
about 20 per cent. The opening of Germany
and Denmark to American pork products has
lifted the price of pork half a dollar per bar-
rel With the greatest crops ever grown. and
an unprecedented foreign demand for grain
and meats the prospect must be considered
unusually encouraging.
The business failures occurring throughout
the country during the past seven days num-
Der PA, as compared with total of PIT last
week. For the corresponding week OF last
year the figures were 1873