Sturgis advertiser. (Sturgis, Dakota [S.D.]) 1887-1???, 1891-01-29
DUN'S WEEKLY REVIEW
COMPARATIVELY FREE FROM
DISTURBANCE
ChRracteatxes the Condion at Western
Trade Ccnters--Their Energy and Growth
Causes q stronger Confidence In Eastern
Comm ercial Centtrs.

ChRracte1txes the C0ndiOn at Western
Trade Ccnters-Their Energy and Growth
Causes . STRONG err Confidence In Eastern
Comm ercial Centtrs.
New York, Jan. 24.-R. &. Dun &c
Co.'S weekly review of the trade says:
1t has been noteworthy throughout the
recent financial troubles that the west
ern centers of trade have been compare
lively free from disturbance or appre-
henSion, and now the energy and growth
OF the west have their effect in larger
trade and stronger confidence in eastern
commercial centers. In the report of
this week modest but steady increase
in the volume of business compared with
last year is the most striking feature.
AT Chicago heavy increase in all grain
receipts and in cured meats and hides is
noted, with some decrease in lard and
dressed beef, but in dry goods and cloth
ing trade is much larger than a year
ago and somewhat larger in boots and
shoes. The trade is healthy and no fears
are observed. At Cincinnati the cloth
ing and shoe trades are particularly &C
tive. At ST. Louis trade is strong in
nearly all lines. At Kansas City the
failure of a bank has scarcely any effect
900 and hog $4,000, and banks are TAX
ing care of their customers. At Mime
apolis the lumber demand Is unusually
good and the -four output 10000 bar
reIs, and at st. Paul trade exceeds ex-
pectations. At Omaha trade is quiet,
money Is close and collections backward,
and at Milwaukee unreasonable weather
checks business though money is easy
and collections very fair. Cleveland re-
ports money a little closer and collec-
tions slow but a fair trade and confident
feeling, while at Detroit money is easier
at per cent. and business conservative
In tone.
Turning to the south we find an i'm
proving business at New Orleans, fair
receipts Of cotton and strong market for
sugar with ample supplies of money. At
Louisville, trade opens we'll and the
monetary situation improves. At Jack
sonvilIe good trade is noted and at Balti-
more, manufacturers and jobbcrs are
well ahead of last year and there is
large increase in the shoe, leather and
hide business. In consequence eastern
centers show more activity. Pittsburg
shows somewhat more activity in iron,
though glass is rather dull and some fac
tories are temporarily closed. The iron
trade is stiffened by the large decrease
in production. The demand for
bars does not improve, however. Orders
for plates are somewhat scarce and trade
in structural iron is only about fair, but
in pipes, excellent. The coal trade is
comparatively quiet. Copper and tin
are steady and lead little weaker. The
market for breadstuffs has been stronger
and wheat has advanced nc, corn 1c and
oats &c, while pork and lard are shade
lower.
Coffee is Is cents per 100 pounds lower
than q week ago, on small dealings, and
oil 3s<c higher, but cotton is sc lower.
There is no material change in the
volume of circulation, though the treas
ury has put out 100000 more of old
money than it has taken in and has is
sued. in addition, $500, 600 more silver
notes. The return of money from the
interior pushes the rate downward here
and greater ease is noted at most east
ern points with better demand for COM
mercial paper.
The export of domestic products con-
tinue larger than year ago aud the ex-
cess OF exports over imports is SO heavy
that sterling exchange does not advance,
though sales of stock on foreign account
occasionally appear.
The business failures occurring
throughout the country, during the last
seven days, number $50, as compared
with total of Ali last week. For the
corresponding week Of last year the fig
ures were 33S.