The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1891-04-03
u FoR ii WEEK.
Money Moro Plenty. Collections 81
Tenda I1nnorAu In crnn RannrA. Gnnd

Money Moro Plenty. Collections Slow,
Trade Uncertain, Crop Reports Good.
New York, March 2S.--R. @. Dun s.
Co.'s weekly review of trade says: If
no news Is good news, as concerns the
condition of business at this season, the
outlook is fairly satisfactory. Trade has
been rather quiet and hesitating, as is
natural at this season, and there is
rather more complaint of slow collec-
tions, but throughout the northwest bad
weather and the bad state of the country
roads supply an explanation. Money is
in fair and increasing supply, and
though still tight at Salt Lake and
scarce at jacksonville, and in stronger
demand at Omaha and Milwaukee,, is
almost everywhere easier, so that the
wants of legitimate business are met
without trouble. The outlook for the
coming crops continues exceptionally
good.
1t has been a week of unhealthy spec
ulation in some products. owing to the
desperate efforts, of powerful combina-
tions to force p ices of which they can
unload without loss. Wheat rose to
Sligo on Monday, and at S1.154 il still
2 cents higher than q week ago, and
sales here having been 73,000,000
bushels, and corn with sales of a5, 600, 900
bushels has risen Az cents to 7Sl9 cents.
while oats at 598l cents are less than l
cent higher. Pork products have ad-
vanced, and coffee and oil u small frac-
ton each, while cotton is a, shade lower.
The general average of prices reached
its highest point this year on Monday,
and though 10Y a fraction lower is still
l per cent. above last week.
But manufactured products do not
share IN the advance except in few cases.
The iron market has a better tone;
rails are firm but very dull, and manu-
featured products are, Oh the whole,
weaker. Copper is weaker and tin
steady, with lead a shade higher.
Wool is selling steadily at Boston, and
the very large consumption of Australian
is y surprise. 1t seems due in part to
the bad condition of many western
~tlceces, but in part to the fact that the
home supply is nearly exhausted. The
carpet works at Philadelphia are fairly
busy and buying freely, many mills hav-
ing orders for the season.
At Boston money is easy and trade
dull because of the weather. Pittsburg
notes some decline in structural iron,
beams and billets. At Cincinnati the
carriage trade is brisk, and at Louisville
tobacco is largely Olefcu WltnOuG Ilucn
change in prices. Cleveland has a fairly
good trade, but clothing, iron and ore
are dull; only $3.50 for charcoal iron
but a good lookout for building. At
Chicago, dry goods. clothing and shoes
are dull, though sales exceed last years
for the same week, and the receipts Of
wool are considerably increased, while
there is a decrease in flour and lard, and
a decrease of onc-half in dressed beef.
At other northwestern points trade
is fair, though much affected by
the weather and the state of the
roads, but slow collections are
the rule. New Orleans finds trade only
fair, but cotton receipts increased; sugar
is dull, mOlasses stronger and rice firm.
Trade at Savannah is holding its own,
but at Jacksonville is dull, the orange
crop having been marketed. Tho out
look for vegetables is good. A note
worthy feature of the south is the num-
Der of new manufacturing concerns an
nounced.
The treasury has put out nearly S.
900, 900 more than it has taken in during
the week, but part has gone abroad.
The business failures occurring
throughout the country during the last
seven days number $50, as compared
with q total OF 275 last week. For tho
corresponding week of last year the fig
ures were 243.