St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-05-02
DUN's REVIEW.
An Improvement Noticed Dur
ING the Week.

NEW YORK, May 1.-R. G. Dun & Co S
Weekly Review of Trade will say: The re-
ports of trade are on the whole more favor
able than a week ago. Boston finds general
business better, though the sales of wool are
comparatively small. Milder weather has
helped retail trade, and, while the leather
trade is quiet, boot and shoe jobbers receive
more encouraging reports and hope Tor an
active fall demand. AT Pittsburgh the glass
business is active and BcsSemer iron Is sue
higher. The Cleveland market is inactive,
but money is in good demand, and at De
trolt the manufacturing interests are sus-
TONED by a strong demand. AT Cincinnati
the dry goods season has been brisk and col
lections are about as usual. AT Chicago flour
receipts are smaller than a year ago, and
grain receipts about the same, but increase
appears in cured meats, lard, butter, dressed
beef, and about 80 per cent in wool. Trade
at other Western and Southern points seems
to be especially encouraging this week. Bet
ter weather helps at almost all western
points, and at Milwaukee trade was never
better, and at Omaha and st. Paul very falr.
At Minneapolis flour is duh. but the lumber
trade is active, and at Omaha fair weather
helps business. Trade is quiet at Kansas
City, but improving at Louisville, Nashville
and Atlanta with decided strength at st.
Louis though for the week barely fair
at New Orleans. The great industries
are in better shape. The price of pig
iron is fairly well sustained, and the demand
for finished products of iron and steel IS
urers still hesitate. apparently because the
producers are inclined to ask higher prices
for the new clip Of wool than manufacturers
can pay. but there is belief that the con
Stunning demand for goods must be as large as
it ever has been in any previous year, and
the clothiers, though very cautious hitherto,
begin to act upon that belief. The shoe trade
is still retarded by the uncertainty as to prices
for the future, but is nevertheless fairly
active. There has been some financial irrita
ton during the week, owing to the state
ments made by Mr. Leech, director OF the
mint, as if by authority of the treasury depart
ment and the latter statement by Secretary
Foster has not entirely removed the feeling
of apprehension. The treasury has but little
money available to meet any emergency in
the money market, and has paid out but little
during the past week, but gold continues to
go abroad in rather large amounts, and while
the collapse in speculation i'll wheat tends to
help exports, ii is possibly too late to have
much effect at present Merchandise exports
from New York continue much larger than a
year ago. but imports are also remarkably
large. and there Is prospect of heavy eX
ports of gold for some months to come. The
business failures for the last seven days num-
Der for the United States 22S, and for Canada
u. or total of 30 as compared with n total
Of 247 last week and psi the week previous to
the last For the corresponding week of last
year the figures were 2I1, representing 1Sj
failures in the United States and 70 in the
Dominion of Canada.