Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1891-04-10
puNN.s REPORT.
to ts Not Very Favorable f0f ths Past
Week:

70 IL Nos Very Favorable f0f the Past
Week:
New YORK, April 4.-R q. Dunn 4
Co.'S. weekly review OF trade says:
The actualc ondition Of business
does not improve, however
hopeful the anticipatfotc war
ranted. The interests Of property in
many forms arc for tho time affected
and meanwhile the usual demand for
money In April has made the markets
closer, though relaxation is expected.
Nearly all the interior money markets
are quiet and comparatively easy.
Omaha and Cincinnati note little close
ness and there is good demand at Chi
cago and Cleveland. The collections
are quite generally slow and unsatisfac-
tory, improvement being noted hardly
anywhere. but the state of the roads Ia
usually recognized as prominent
cause.
The failures for the first quarter of
1891 have been 3,54S, against 3,223 last
year, and the liabilities have been 842,-
167, ,631, against $37, ,652, ,96S last year In
the United States, but more than chs en-
tire increase both in number and liabili-
ties appears In the southern states alone.
The eastern and middle states report
fewer failures and smaller liabilities than
last year, but the western states report
nearly as much increase. In Canada the
number has been SIS, against 635 last
year, but the liabilities were $6,06s, ,234,
against IS, SEQ, 349 last year.
Trade at Boston has been quiet The
movement OF mems woolens is unsatis-
factory. Philadelphia notes slow col
lections In most lines. 'Pittsburg notes
no important change, and Cleveland
only fair trade, with Cincinnati, Louis
vile, st. Louis and Kansas City in the
same condition. At Peoria the local
trade is below last years and collections
are very dull, but makers and jobbers of
implements note excellent prospects,
with sales exceeding last years and fair
prospects.
Chicago observes an increase over last
year in the receipts Of grain and cheese
cured meats and hides, and decrease in
flour, lard, butter. and so per cent in
dressed beef. Merchandise moved more
slowly than few weeks ago on account
of bad roads.
Memphis finds trade not yet near the
| normal. but at Atlanta It Is improving
tive ut lower prices, rye scarce and cot
ton quiet. Bad weather affects the trade
at Montgomery, and at Jacksonville
there are fears of q disastrous spring
and summer trade.
Iron does not mend at all, for in tho
| confidence that strikes will soon end
consumers are waiting. The lowest
prices on record are made by some works
for bar iron, and structural moves
| slowly, while wrought pipe is terribly
| iemoralized. Pig iron Is duller than for
| years and buyers generally hold of as to
rails, disliking to help the combination.
Coal is fat, the official price being
shout l5-cents above last year, but with
some cutting. A better tone Is seen In
copper, and speculation has advanced
| tin and lead shade.
The woolen manufacturer is doing
fairly, but REPORTS from the west are
that growers look for higher prices on
! the new clip Of wool, which the present
market for goods does not warrant.
The boot and shoe trade Is dull. The
| rubber spectators have put new para
at 90 cents, and tho syndicate claims "a
hold 1850 tons, the worlds consumption
being called 1850 tons monthly.
Speculation in breadstuffs does not
abate and with sales of $4,000, 900 bush.
els here wheat is ~ cents higher than
. week ago. Corn Is q shade lower and
oats unchanged, but pork is SO cents per
barrel higher and lard u cent pei
pound.
Cotton has not changed, and trading ID
light. Coffee Is an eighth stronger, and
oil three-eighths, with small sales.
The average OF all prices is shade
lower than week ago.
| Eastbound shipments from Chicago
| for three weeks show decrease, COM
pared with last year. OF 10 per cent,
and the Atlantic export Of wheat, flour
| and corn are much smaller, but the
domestic trade Of the country, repre-
| sented by bank exchanges, continues
close to that Of last year, because of the
large advance In the prices Of important
farm products.
The business failures occurring
throughout the country during tho last
seven days number 243, as compared
with total OF 256 last week. For tho
corresponding week last year the figures
were EOS.
| The wsskIy Bank Statement.
New YORK, April 4.-The weekly
bank statement shows reserve decrease
OF 81, ,O52, 900. The banks now hold 90.