St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-05
REVIEW OF THE WEEK.
Improvement Of Business Noted
ia ALI Sections.

NEW YORK, Sept. 4.-R. G. Dun & Co.'S
weekly review of trade says: Business i'm.
proves in oil sections: at the South partly be-
cause OF Injury to the cotton crop and the
consequent advance in the price. The wheat
crop Is out of danger and is enormous un-
doubtedly the largest ever grown, and NOV.
ing with unusual rapidly. The corn crop has
heen saved and is very large in most of the
surplus-producing states, and. even within
the range OF recent frosts, appears to have
been in part beyond injury
The monetary situation is also decidedly
clearer Foreign needs appear less
urgent and the danger of successful resist
ance to American demands for gold is di-
minished. The removal OF the German pro-
hl3luon OF American pork imports promises
largely increased demand for important
products, and considerable addition to
merchandise exports for the year.
exports from New York in five weeks exc
ceed last year, nearly 81 per cent and
while imports also increased largely, the bal.
aIce OF trade turns decidedly in favor of the
United States. The injury to cotton NAV also
hasten exports Of that product which FOREIGN
operators. knowing toe large stocks in Eu-
rope, might have not bought early had the
American crop been full. The reports from
other cities express increased confidence and
show some actual gain in thr volume CT
trade.
AT Chicago wheat receipts are four times
last year S, rye nine times, corn and dressed
beef double, and oats show increase while
some decrease is noted in flour about one
half in barley and cured meats and quarter
In lard. Sales of dry gS-SSees exceed last years.
winch were phen04saally large, and in
clothing and sheets the trade is immense
AT Minneapolis the iobbing trade il
very good. wheat receipts being double
last years. and lumber advanced 81
per thousand by the association aud at St
Paul trade steadily increases with assurance
OF unprecedented crops. AT Milwaukee
gains, though unusually slow collections
pinch some of the iobbers AT n Southern
points higher cotton stimulates trade, and
me COLLECTIONS are somewhat better, and at
New Orleans there is a fair demand for sugar
AT most Southern points money is alsd
easier, and at New Orleans in ample supply
for legitimate needs. AT the West no com.
plants OF strlngeney are noted, though
money is finer at Chicago
Transactions in speculative markets have
been more active and wheat has declined IA
on sales of 100000 bu on account Of
enormous receipts at the West which have
been at the rate OF 1,350.000 bu daily for the
week thus far Exports for the current week
have been about ten times those of last year.
though the movement of flour doesn't CORE
spOndingly increase
Corn declined &c before the reports Of frost
and oats lac. Cotton has advanced notably
more than half cent during this week on
sales of 100000 bales at New York and the
market is likely to be uncertain for soma
time TO come.
Oats have fallen 31s and coffee a. Of a cent.
but no fall is seen in pork products, which
may be strengthened by the new German
decree: In stocks there has been Il remark
able advance broken OH Thursday by soma
reaction on report of frosts
The great industries are dong well. though
strikes are on and more threatened at Fall
River and in the window glass works as
the West. Distinct improvement is seen in
the demand for iron and its products, though
prices are unchanged, and also in coal WhiIa
minor metals are firm.
The trade in dry goods is fairly large par
ticularly all-woOl cassimeres and dress goods
The business failures occurring throughous
the country during the past seven DAYS num-
Der 2l7, as compared with total OF 226 last
week, For the corresponding week of Lass
year the figures were 203