Wessington Springs herald. (Wessington Springs, Aurora County, Dakota [S.D.]) 1883-1891, 1891-03-20
puN,s WEEKLY REVIEW.
II Shows an improvement In Trade
Ahead of Last Year.

Ahead of Lnst Year.
New YORK, March l4.--R. G. Dun &
Co.'s weekly review of trade says:
Foreign influences have again dis
turbed the money market little and
Increased tho prevalent conservatism of
feeling. Directly, the effect here should
be Sight, but it is impossible to say how
the already strained condition at London
may OF affected, and serious pressure
at Lont,uu would be felt on tho sale OF
securities. The prospect for new rail
road building. and consequently for
rail production, is not helped by the
monetary situation, and stocks
Aayc been considerably weakened.
Eut thc!c is moro active speculation In
bread stntfs, pork and cotton. which
have all advanced, and the outlook for
farmers has rarely been better at this
season ,llan now. OF the great indus
tries. nearly all are extending and EN-
ptoying labor fully, but the coke strike
and other causes have produced re-
markable shrinkage in the output OF
iron. The weekly output of all furnaces
in blast, March 1. was but 1916 tons,
a decrease of Is per cent. in month.
So great decline would be s; sign OF i'm
pending disaster if it We're not properly
Attributable in large measure to
temporary causes. The belief that
the coke strike will soon end in
cheaper supplies Of fuel, while
the railroads west OF Pittsburg have Just
agreed to reduce their charges, prompts
consumers to expect low prices soon. and
though the market here has better
tone, northern No. is quoted as low as
$17.OO and southern at S16.25 The rail
4. Ir, 1,.. Il l.,
the demand is small. Bar iron is weak,
but in structural iron there is more ac-
1ivity. The prospect Tor the
building trades is rather dull. here, but
at other cities, particularly at the west,
it is remarkably bright with the single
condition that threatened labor troubles
do not interfere.
The wool manufacture is doing re-
goods do not advance. Mills engaged
on dress goods and knit goods are
especially active. and the worstec
works are on full time with fail
prices. In the boot and shoe industry
shops are fairly employed and some new
works are going up. but a speculative.
FURRY in hides and leather has made
business less satisfactory. Reports frou
other cities are fairly favorable. Boston
notes more buyers Of boots and shoes
from all parts of the country. but theil
dealings are very cautious and they re
fuse any advance OH last years prices
Some kinds of leather are higher again
but domestic hides are more freel,
offered at lower prices. Lumber j:
fairly active and coffee is strong A
Philadelphia the wool trade is active
with light suDDlins
At Chicago the dry goods sales consid
erably exceed last years at the same
time, but the payments are not SO goot
as was expected, and in clothing ant
boots and shoes the situation is thu
same, but building permits this year ex
coed last years to date by one-third
Wool receipts are larger, wheat mueI
larger, and cured meats show an increas.
compared witt, last year, and hides, oat:
and rye are about tho same, but in flour
corn. barley. lard and butter decrease
appears, and in dressed beef there is
decrease Of one-haf.
Pittsburs notes no change in iron OF
rails, but some Improvement in window
glass.
hs At Cincinnati whisky advances, with
good sales and sales of tobacco are heavy
Cleveland notes hopefulness for the
spring trade, and Detroit observes
prospect for great activity in building
West of Chicago heavy SHOWS and baC
weather have had much influence, i'm.