St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-12-05
DUN's REVIEW.
Satisfactory Reports From Large
Trade Centers.

NEW YORK, Dec. Ar. G. Dun & Co.'s
weekly review will say: The one sign of I'M
| favorable character of the business situation
| is that COLLECTIONS at some points are slower
and harder than usual, particularly where
| the low price of cotton leads holders 10 defer
selling as long as possible. But at the prin-
cipal Western points, Chicago st. Louis,
| Cincinnati and St. Paul collections are very
| satisfactory, the larger trade centers report
! ing most favorably in that respect, and there
| is less difficulty ut Eastern cities though at
| the South some embarrassment continues.
Money is not particularly stringent any
where, though rather close at Nashville and
Montgomery.
The speculative markets have tended down
ward on the whole. although wheat is I'M
changed i'll price, with sales of 2S001 900 bu
here during the past week, and the receipts
continue at the rate of over 100000 bu for
the week, with exports undated and at the
rate of nearly 5000, 900 bu for the week from
Atlantic ports alone. Al the expira lion of
November corn dropped sharply about &C.
but the market has by no means recovered
1tS natural condition. Receipts are lncreas-
ing. however, and viii soon put an end to
purely speculative control. Oats are I2c
betteR but pork products are little lower.
AT Boston merchandise is fairly acfiye and
the dry goods trade satisfactory. WoOlenS
move slowly and sales of wool amount to
3, 7lS,OO0 pounds for the week. Boots and
shoes are quiet. At Philadelphia the gro
Gerry trade is active, the trade in liquors and
tobacco fair. and in chemicals steady but
lumber and carriages dull. Many branches
OF the WOODEN manufacture are thriving. but
sales of dry goods are hardly up to the aver
age. At Baltimore retail trade is quite ac-
tive, and at Plttsburg some improvement is
seen in iron, while at Cleveland trade is ac-
tive, with more demand for money
At Cincinnati clothing and dry goods are
active, but leather and carriages quiet At
Detroit general trade is fully equal to last
years. At Chicago receipts of flour are
slightly more than year ago, of dressed
beef and oats third more, of wheat three
times and OF rye four times as large. But
slight decrease is seen i'll barley, a decrease
of quarter in cured meats, third in lard
and wool, and one half i'll cheese. Sales of
dry goods, clothing, boots and shoes much
exceed last years, and collections are I'M
usually good.
Trade at Milwaukee is uniformly good; at
81. Paul larger than a year ago, and at Duluth
sales are large for the season. At Minneapo-
lis the output of flour was l73, 900 bbls against
l63,0O) bblS last year. and the receipts of
wheat in three months were 25,00O.000 bu.
against q, 10000 bu year ago. Co d weather
has stimulated trade at st. Louis.
Congress will commence its session next
week and ii is encouraging that scarcely any
apprehension appears of mischlevous leg
Islation, The treasury has put out dur
ing the past week g. 100000 more than
1t has taken In, besides issuing 81, 100000
more new treasury notes. making the
volume of active circulation at this
time fully 81, $50. CO.. 0c0 The stock market
week, and the change in the average price of
all stocks has been insignificant The earn
ingS OF the railroads are altogether satiSfac-
tory.
The business failures during the Inst seven
days number, for the United States 30l and
for Canada 26, total of $50. as compared
with totals OF 295 last week, and 2S5 the week
previous to the last. For the corresponding
week of last year the figures we're 3l2. repre-
senting 81 in The United States and 30 in The
dominion of Canada.