The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1891-03-09
DuN's REVIEW OF The WEEK.
The Prices of Commodities Are Now
Moving Upward Rapidiy.

yEw YORK March T.--K. q. Dun a
Coz weekly review OF trade SAYS:
The one unwholesome factor Is that
the prices Of commodities are moving up
ward rather rapidly, the average having
risen more than | per cent. during the
lasf week, and the exports of merchan
disc are thus liable TO be restricted, Re
ports of trade from all parts OF the coun-
trNshow little changes in last week
though there is perhaps little less actiy-
ityf on the whole
The south feels the continued decline
in fOtton, but trade Ia that section Is
mqlerately fair. Rice is firm at New
Oreans, molasses strong and sugar dull.
Bqe qeiness at St. Louis is only fair, and
rather at Kansas City. At Denver bust
mess Is fair AT 81. Paul the good con
dif6ons continue and at Milwaukee aud
Cigeinnatl trade Is rather quiet. De-
trslt reports larger trade than year
age and Cleveland a general business "a
go@d as usual, with an exceptional de-
mand for rolled iron products, but at
rirsburg structural iron is shaded and
window glass Is weak. Chicago reports
anI Extraordinary decrease n dressed
beef receipts and a heavy fall In receipts
OF brain, lard and hides, but a large gain
in knred meats and wool. Dry goods
sats are above last years with col
ledtions easy. In clothing and shoes
saIes are also larger than a year ago. but
cohections not quite so satisfactory.
Taede is generally good at Boston, but
better in materials than manufactured
prbdncts Some grades OF leather are
stronger and hides better, but the prices
afSboOts and shoes do not improve. AT
Philadelphia iron Is firmer and coal more
actiye Chemicals are In fair demand,
btn tobacco Is quiet, with slow collec- ]
ti5ns. Wool is rather scarce. With
worsted spinners busy at a profit and
ioobers In the shoe trade are reporting
gGsd orders, though buyers are careful
The only speculative market that has
declined during the week l. the cotton
market But wheat has risen ic, oats
e. and corn nearly &c, coffee lac. oil
24c. butter Sc, and pork product a
shade. Thus far this week wheat rX-
ports are not half last years for the
same days. Flour exports are not one
half and corn exports only one-ninth.
1t Is not good sign when
the speculative interests are active and
buoyant, while legitimate trade and the
productive Industry are hrsitating or
curtailed.
In the iron industry a temporary stiff
ness in prices does not hide the fact that
the general cons sumption has sharply de
cilned, apparently not far from one-iifth.
The wooden industry Is In far lower
condition. the outpnt OF knittings,
Morsted and dress goods and the medium
and lower grades OF mems cloth being
larger than at any other time for five
years, but the more costly grades OF cloth
are not yet in strong demand. Cotton
manufacturers are not favored by the
aia~@and for many grades OF cloth, bat
the boot and shoe manufacturers are do
ing little better OF late though embar-
rassed by unsatisfactory prices.
The treasury has put forth, including
silver notes, only 5000, 900 more currency
than II has taken In during the past
week, the money markets are generally
we'll supplied for legitimate business
needs, though at some points IL Is striu-
gent or more active. The reports as 10
collections grow little less satisfactory.
and yet II Is the prevailing impression
that business in all parts OF the country
is on solid footing and will prosper
when good crops come. The exports OF
products from New York were larger
last week but for the past week show a
decrease OF about per cent, aud the
imports, meanwhile, show a marked in
crease. The business failures occurring
throughout the country during the past
seven days number 265, as compared
with total of 200 last week. For the
corresponding week Of last year the fig
ures were 26O