Indian chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1882-1902, 1891-10-15
THE STATE OF TRADE.
Weekly Report from r. G. Dun
e. Co IS Agency.
Cheering Business Reports From all Por-
tions Of the Country--AI Branches
of Trade ItapidIy Advancing
Money Plentiful.

r. G. Dun & Co.'s Weekly Review Of
Trade says;
From all parts OF the west and south
come advices that business is gradually
improving, and the improvement is felt
In eastern centers Purchases are gov
erned by unusual conservatism, and yet
are large in volume. Failures are rath-
er numerous but are in nearly all cases
the results OF long continued CONNER
cial strain since the foreign disasters OF
last November 1t is true that prices
Of nearly every manufactured product
are low, and the margin for profit very
narrow. while the competition is Sc
vere But the volume OF trade is larger
than in any previous year, in spite OF
the fact that some branches of trade are
retarded. 1t Is also true that collec-
tions in some quarters are slow, but the
latest reports from various sections are
on the whole more favorable.
The news regarding the chief indus
tries are decidedly favorable. The iron
industry is more firm in tone. II is felt
that the delay IN the improvement OF
the demand for rails is at present the
only barrier 10 general advance.
In copper there is uncertainty, with
sales OF lake at II. 81 cents. Tin is dull
at pol cents, and lead In moderate de-
mand The market for wool Is quiet at
Boston and elsewhere, but sales are not
small, and receipts at the west greatly
exceed last years.
Boston reports good business and
ample supplies OF money AT Philadel-
phia more inquiry is seen for iron. AT
Cincinnati and Cleveland fair activity
is noted. At Chicago trade thus far
this year exceeds that OF previous years,
sales OF clothing and shoes being large,
but OF dry goods a little less than year
ago. The weeks receipts OF wheat are
four times last years, OF rye ten times,
and of wool double, with increase in
dressed beef aud hides, but decrease in
other articles
Trade is improving at Omaha and
Minneapolis, where lumber advances
with unprecedented sales, and -four
mills are fully employed, the output
last week being the largest on record;
at St Louis, where the demand for
money shows strong trade in most lines;
at Kansas City, where better weather
gives employment and at Denver.
In the south the improvement is also
general, and heavy receipts OF cotton
are noted at Savannah, Charleston, Cal
weston and New Orleans.
The pause in stock speculation him
ders the placing of securities for rail-
road extensions and other improve
ments but is nevertheless healthy.
Speculation in breadstutfs has been
less active, but wheat has advanced
nearly , cents, with sales of only 29,-
900, 900 bushels, while corn has declined
II cents, and oats an eighth. Cotton is
slightly stronger, and oil 3 cents high
or, but coffee has fallen II cents, and
lead Is a shade lower.
The treasury has made but slight
change in the supply ofcurrency. With
large receipts of gold since October !,
aud more coming, the supply Of the in
terror has also been lessened for the
moment. But markets at Chicago. It,
Louis and some other western poin i
show a stronger demand, indicating
that larger shipments from the east
will presently be required. On the
whole, the outlook for industrial pro.
gress is decidedly satisfactory.