Sturgis advertiser. (Sturgis, Dakota [S.D.]) 1887-1???, 1891-04-02
DUN FOR THE WEEK..
Money More Plenty, Collections Slow,
Trade Uncertain, Crop Rrports Good.

Money More Plenty, Collections Slow,
Trade Uncertain, Crop Rvports Good.
New York, March 2s.-R. g. Dun &
Co.'s weekly review of trade says: II
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-
lions, 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.
It has been 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
ST.. 1917 on Monday, and at 81. 15A is still
cents higher than a week ago, and
sales here having been 100000
bushels, and corn with sales of rs, 900, 600
bushels has risen Az cents to 1873 cents,
while oats at 59A cents are less than
cent higher. Pork products have adj
vanced, and coffee and oil small frac-
ton each, while cotton is shade lower.
The general average of prices reached
it's highest point this year on Monday,
and though now fraction lower is still
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, on 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 a surprise. 1t seems due in part to
the bad condition of many western
tleeces, 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. Pttsburg
notes some decline in structural iron
beams and billets. At Cincinnati the
carriage trade is brisk, and at Louisville
tobacco is largely offered without much
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. A
Chicago, dry goods, clothing and shoes
are dull, though sales exceed last years
for the same week. and the receipts O.
wool are considerably increased, while
there is decrease in flour and lard, anC
decrease -one=haf in dressed beef
At other northwestern points trad
is fair, though much affected b!
the weather and the state of thu
roads, but slow collections ar
the rule. New Orleans finds trade onl
fair, but cotton receipts increased; suga
is dull, molasses stronger and rice firm
Trade at Savannah is holding it's own
but at Jacksonville is dull, the orange
crop having been marketed. The out
look for vegetables is good. A note
worthy feature of the south is the mum
Der of new manufacturing concerns an
nounced.
The treasury has put out nearly S.,
OOO, 900 more than it has taken in durin
the week, but part has gone abroad.
The business failures occurrin
throughout the country during the las
seven days number 256, as compare
with total of 275 last week. For th
corresponding week of last year the fig
: ures were 243.