The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1891-09-19
FINANCE And TRADE.
The Outlook in All Sections Still
Encouraging.


Notwithstanding Fad Crops That
Section Is Included in the Gen
eral Prosperity-Foreign Demand
for Wheat Increases the Price,
While Corn and Cotton Decline.
NEW YORK, Sept. 10.-R. G. Dun g.
Co.'s weekly review Of trade says:
Actual improvement is seen in nearly
all the cities from which reports have
been received this week. At Boston
trade is enlarging, with steady demand
for boots and shoes, and manufacturers
are quite well employed. The demand
for dry goods is excellent and for wool
very fair, At Philadelphia business is
more active and the, iron market
stronger. At Cleveland trade in nearly
all lines increases, and at Cincinnati
the shoe business is especially active,
but the carriage trade quiet. At Chi
cago some decrease in receipts of lard,
butter and wool, compared with last
year, is reported for the week, bat
there is an increase in barley, flour,
cured meats, cheese and hides, and a
gain OF quarter in oats, while receipts
of rye and wheat are six times those of
Last year. At MiSneapolis trade is
active in lumber and -four, shipments
of flour being more than double those
of last year. AT st. Paul trade greatly
eucecds expectations and at Omaha is
good. AT Milwaukee it is observed that
the weather has greatly improved the
prospects as to corn.
Improvement In the South.
now drawing heavily for northern crops,
but money is going south for cotton, and
at Kansas City trade is satisfactory and
money easier. At Nashville improve
ment is seen and money is not so close
rs heretofore. AT Memphis the gain is
slow, but while money is not abundant
The market is easier. AT Savannah trade
Is fair, but the money market is still
tight, and at New Orleans improve
ment is seen in groceries, rice is moving
freely and money in good demand,
though in sufficient supply for all
legitimate demands.
~ 1t is especially noteworthy that col
!, ections are improving at most points,
Ind that the money markets are ON the
whole comparatively easy, although the
crops to be moved are enormous and the
actual movement unprecedented.
hh GtuNbHCG Nh " ltuI.
Wheat ceipts at the west for three
days of this week, have averaged more
than 1900, 600 bushels daily, and though
eKports are only half as large, the for
eign demand suGices to strengthen the
price, which has risen two cents during
the past week on sales of only about
10000 900 bushels here. Corn has de-
clmed rapidly, as the fear of harm from
frost vanishes, and is 81 cents lower
than week ago, while oats are 81 cents
lower. Lard and hogs have declined
with the corn, but mess pork is held by
spectators. Cotton has also declined
BIG, for, while reports indicate that the
yield may be much smaller than that Of
last year, foreign buying is much dimin-
ished and the stock on hand here and
abroad is large. Coffee has declined I
cents, while oil has advanced cents.
1t is surprising fact that notwith-
standing the output of pig iron is al
most equal to the largest ever known,
the price grows more steady, and de-
cidedly better tone is observed in all the
important markets.
Business Failures.
The business failures occurring
throughout the country during the last
seven days number for the United
States 2l0, and for Canada 30, or a total
of 2j0, rs compared with IA total of 2l4
last week, and 2li the week previous to
the last. For the corresponding week
of last year the figures were 100, repre-
senting l0I failures in the U nited States
and 20 i'll the Dominion of Canada.