Wessington Springs herald. (Wessington Springs, Aurora County, Dakota [S.D.]) 1883-1891, 1891-03-06
bUN's SUMMARY.
Tho Weeks business Very Mueh What 1t
W0s the Week Before.

NEW YosK, Feb. 2S.-R: G. Dun a.
Cos weekly review of trade says: There
is not much change in the condition OF
trade, but there IS . little more duslness
at the south and in the northwest, with
little more striagency in the money
markets and Complaints of slowness of
collections. In general business is still
hesitating. Tho larger cause is UNI
doubtedly the partial loss of crops, which
has left many farmers without means for
She usual purchases. At the same time the
collapse of the real estate boom, which
SO widely inflated prices throughout the
west and south, has affected business
more than has yet been realized. To
extremely low price of cotton which af-
fccts farmers the more because so many
of them tried, by holding back their
crop, to force higher level of prices
Collections are slow at ST. Louis, Dem
yer and Omaha. Easy and prompt in
dry goods, but not so prompt as before
in clothing and boots and shoes at Chi
cago; about an average at
Kansas City and satisfactory at St. Paul
but somehow slow at Detroit, while at
Cleveland much good commercial paper
is renewed and quite proportion of
country merchants are sending in notes
instead of money. AT Philadelphia there
are tolerably good collections in clothing
and dry goods, but poor in jewelry and
extremely poor in paints. The money
markets, though still generally called
easy. gives signs of q steady approach to
stringency, and at Omaha money is quite
close. at Milwaukee in active demand
and at Cleveland rather stringens. much
being locked up.in iron ore. At Boston
some Arcitv Of lna hla fonIo. ic
ticed and rates are firm and higher.
Southern reports generally note
fair demand, but no improvement
il. trade, while; northwestern reports
are on the whole less favorable than
before as to the state of business. At
Denver business is better, and at Mil
waukee. No changeis noticed at Kan
SOS City and st. Haul, but it is only fair
at Omaha; not SO. strong at st. Louis;
quiet at Cincinnati, except that the car
riage trade is active, and only fair in
manufactures at Detroit. At Cleveland
trade is fairly good. but brisk in hard
ware and manufactured iron, and the.
strike strengthens pig and manufactured
iron at Pittsburg. AT Chicago there is
some decrease in receipts of nearly all
products except cured meats and wool,
and 1t Is noted that the warm weather
boots and shoes to the country. Business
at eastern cities has been irregular. The
wool trade is strengthened by compara-
sive scarcity and prices of some grades
I are higher Tho kniti goods manufac-
ture has apparently gained most. Trade
in cottons is dull. In rubber goods trade
is unsettled. The glasstrade is. fair at,
Pfttsburg. and light in Philadelphia. La
general, at eastern cities, q, marked de-,
crease in building has caused dizziness. i'm
the markets for all materials. This, is.
in part the cause for recent, Stacking in
the iron business, though the coke striker
has now produced more:inquiry for pig
and steel. Steel rails do not moves; be-
OF the combination. Coal is.dull. No
There has been an advance in the aver
age prices of all commodities, amounting
i to half Of per cent. for, the week, but il
l has been almost exclusively in product:
of which crops were short. The price, o
:, meat has not advanced, western receipt:
continuing heavy while exports arelignt
y but corn has risen rs cents and oats q
cents. A speculative advance of, oEel
half a cent is also seen in coffee. The
exports of merchandise from New York
for the past four weeks have BEEN 1s,pat
cent. less than for the same four weeks
last year, and imports also decrease
about 10 per cent.
The business failures during the it,st
seven days number 200 as against 297
Last week. For the corresponding week
last year the failures were 3O1.