St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-07-11
DUN.S REVIEW.
The Trade Outlook Is Good
throughout the Country.

New YORK, July 10.-R. G. Dun & Co.'S
weekly review of trade will say: The I'M
| usual conservatism which prevails in nearly
| all sections and branches of business inn
presses many us most disheartening symp-
tom. But it may with at least equal reason
be interpreted as the very best ground for
confidence in a healthy and solid improve
ment when new and large crops come for
ward more freely. The absence of specul6-
tive excitement, the indisposition to buy in
haste are having most wholesome inflU-
ence. Prices Of materials and products are
thus kept in such relation that large and
fairly profitable business is possible, but will
be based when it comes upon the actual
demands of consumers and not upon in
fated hopes. This conservative attitude is
the more necessary this year because, while
money is now abundant here and cheap on
call the possibility of disturbance abroad, or
of difficulty in obtaining needed supplies for
moving crops at the West, is not yet entirely
removed.
than they are this year, and they grow more
clearly satisfactory as to spring wheat every
day, improving also as to other grain and
cotton. Wheat has declined &c the past week,
Notwithstanding exports fully as large as
year ago. but immediate demand for corn has
caused Il rise of lac, and oats are
quoted higher. Sales were but moderate. Pork
products are shade lower, coffee unchanged,
and oil about 81 cent lower, with very little
activity i'll dealings. The market for sugar
has been weaker, but grows steady, and re-
fined is in better demand The general course
of prices has changed but little during the
past week. Reports show waiting trade at
the East greater confidence throughout the
West, and general dizziness at the South
Trade is fairly good for the season at Cleve-
land. ana also at Cincinnati. where new
buildings for the first half of the year eX-
coed by SjOOO00 the record last year. Wool
is moving better at Detroit. AT Chicago wheat
receipts are three times last years, and there
is an increase i'll flour and corn; and
rI1tl, Oh
exceeds last years, with good collee-
tons. Receipts of other grain, cured
meats, dressed beef and lard fall behind
last year, and crop reports are very favora-
BILE, all indications pointing to large trade
in the future. AT ST. Louis the trade IN wool,
grain, produce and live stock is good, but
lumber and the building trades are dull. and
the outlook for fall trade is very encouras-
ing. Milwaukee reports some sensation
caused by failure of the largest grain COM
mission house. At Minneapolis trade is good
for the season. the flour output being 10000
barrels. At st. Paul, Omaha and Kansas
CITY crop prospects improve trade, and at
Denver business is fair.
Wool moves slowly at New York, buyers
taking only for actual needs. In wooden
goods some improvement in orders IS OBJ
served, and greater feeling OF security f0r
the future. The trade in tannels is strong
and healthy. and in knit goods very satis-
factory. Agricultural implements are in ex-
traordinary demand, and the makers are
buying iron largely. India rubber has rap
idly declined consumers refusing to buy
from the syndicate. which is carrying an i'm
mense stock, and it is thought the new sup
plies coming in October will prove too heavy
for it. The building trade is on the whols
less active than a year ago. though at Chi
cago an increase of per cent is noted AZ
Chicago and other Northern points generally
the supply of money is ample. though at the
West there is more demand than heretofore.
At Southern points the markets are close as
a rule. though only firm and in far supply
at New Orleans. The business failures oc-
curing throughout the country during the
last seven days number 247, as compared
with a total of 237 last week. For the CORE
spending week Of last year the figures were
107