St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-09-19
IT Is WORTH MILLIONS.
But, Mr.. Dun, 1t Is Very Uncom-
Portable

NEW YORK, Sept. Is-R C. Dun & Co.'S
weekly review Of trade SAYS: The hot wealth
er at the West is worth to the country many
millions every day. With money coming for
stocks and bonds, as well as for wheat and
cotton, and with liquidation of farming in
debtedneSs, the prospects for business this
fall are unusually bright Actual improve
ment is seen in nearly all the cities from
which reports are received this week
AT Boston trade is enlarging. At Philadel-
phia business is more active and the iron
nearly all increasing. And at Cincinnati the
shoe business is especially active. but the
carriage trade quiet. At Chicago some de-
crease in receipts of lard, butter and wool
compared with last year, is reported for the
week, hut increase in flour, barley, cured
meats, cheese, hides, and a gain of e.
quarter in oats while receipts OF
rye and wheat are six times those of
last year. AT Minneapolis trade is
active in lumber and flour, shipments of
flour being more than double those of last
year. At st. Paul trade greatly exceeds ex-
pectations, and at Omaha is good, though
money is close. At Milwaukee il is observed
that the weather has greatly improved the
prospect as to corn; at st. Louis the country
banks are not drawing as heavily for north
ern crops, but money Is going south for cot
ton, and at Kansas City the trade is salts
factory and money easier AT Nashville i'm
proyement is seen and money is not SC
close as heretofore; at Memphis the grain
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 al
New Orleans Improvement Is seen in grocer.
les, rice is moving free, and money, though
Ill good demand, IS IN sufhclent supply TO all
legitimate needs. II is especially noteworthy
that collections are improving at most points
and that the money markets are on the whole
comparatively easy, although the crops TO be
moved are enormous and the actual
movement unprecedented. Wheat receipts
ut the West for three days of this
week have averaged more than 1900 900 bu
daily and though exports are only abOut
half as large, the foreign demand sufIices 10
strengthen the price, which has risen &c III
the past week on sales of only about 10000.
900 bu. Corn has declined rapidly as the
fear of harm from frost vanishes. and is SI2c
lower than week ago, while oats are 24c
lower Lard and hogs have declined with
corn, but mess pork Is held by speculation
Cotton has also declined 3l6c, for while
reports indicate that the yield may
be much smaller than that of last
year, foreign buying is much diminished
and the stocks on hand here aud abroad are
large. Coffee has declined s4c while oil has
advanced &c. IL is Il surprising fact that,
Notwithstanding the output of pig iron.is
almost equal TO the largest ever known, the
price grows more steady and stiff, and a de-
cldedly better tone is observed in all the I'M
ported markets.
An awakening is seen in the boot and shoe
business. Trough shipments are not at pres.
facturers have more satisfactory orders, and
the feeling Is more confident. The wooden
manufacturer is doing remarkably well in
some branches particularly in Worsteds and
dress goods, ana the demand for dress goods,
notably, exceeds the present supply
The business failures that have been
occurring throughout the country during
the past seven days number 23y, as compared
with tOta! of PA last week, for the cor
responding week of last year the figures vera