The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1891-01-19
Present Prospect Which the
Free Coinage Bill May
Affect.
Speculative Markets Generally Weak
An Easier Feeling in the
Money Market
The Great Industries, Not Wholly II
a Satisfactory Position---Busi- \
ness Failures.

New YORK, Jan. l7.--R Gs Dun g.
Co.'S weekly review OF trade says: How
far the situation aud prospect may be
changed BY fas passage OF free coin
age bill By the senate Is. as yet, mainly
O matter OF conjecture. Reports Of the
state OF trade at different points reflect
mainly, situation prior 10 that vote,
and show general improvement In the
volume OF business, easier money
markets and a more cheering outlook.
The exports OF merchandise heavily
exceeded imports In value at New York,
for January. Thus far the Increase
In exports over last year has been
81, 400, 900, or about I2 per cent,
while the imports here show de-
cline Of s., 900, 600, or about Is per cent.
The preliminary reports of exports OF
cotton, bTeadstutfs. provisions, cattle
and petroleum in December were almost
Unprecedented. Hence, IL appears, that
the excess Of exports In December was
very large, in spite of the decline of the
movement In breadstuffs. For the past
week with wheat ic higher, corn and
oats practically unchanged, and cotton
three-sixteenths higher, the exports OF
wheat have been only about half OF last
years, OF -four less than quarter aud
of corn only one-efghth, while the cx-
ports OF cotton show decrease Tor the
week.
In spite of a considerable increase in
receipts, pork has not changed, but lard
and hogs are lower. on Is ! ne lower
and the speculative markets are gen
orally weak, outside'u of those ABOVE men
iomed. The reports from other cities
show that until Friday the situation and
outlook had been improving and a feel.
Ing OF greater confidence prevailed,
Boston notes greater activity la wool,
goods selling well aud more buyers APP
pearing for boots and shoes, with leather
firm. but lumber depressed.
New York and Phlladelphta report
easier money, better trade In canned
goods and IN wool, fair trade In grocer.
les generally.
Chicago sees Increasing sales Of dry
goode aud clothing with better cOllee-
ti0ns. some decrease In receipts OF gral1.
-s4wprussrd beef aud butter, but an In
crease In lard, cheese. hides and wool.
At Cincinnati there Is an average
trade, aud a favorable outlook at ST.
Louis; an activity In retail clothing, ow-
Ing 10 the mild weather, at Kansas City,
and depression In the lumber interest
at Milwaukee, owing 10 the lack OF
snow, but quiet at vt Paul and Cleve-
land. Trade Is improving at Louisville,
Memphis and jacksonville; only fair at
New Orleans, but increasing In activity
at Baltimore.
The money markets have grown easier
and the banks are liable 20 help Gus
toners more literally, but ut least the
difficulty OF making commercial loans
has not entirely ceased, though money
a. l.. d.
those who have money want their funds
at immediate command In case of any
emergency. The treasury has put out
on cash, including al, 500, 900 more new
silver notes, about =, 600. 900 than IL has
, taken In during tho week. At the west
and south all the money markets are
easier, though rates arc not lower, aud
caution In regard TO the character OF the
loans II more frequently noted.
The great Industries are not In
wholly satisfactory position. The mar
ket for WOODEN goods Is broader and more
hopeful. and the demand from clothters
Is distinctly better, while the boot and
shoe trade continues satisfactory. But
the weekly output OF pig iron January
was I67, 500 tons. Bar iron was unset
tied and plates weaker. The coat
trade In In q more hopeful condi-
tion aud lead and tin are stronger.
The cotton manufacture feels the
effect OF accommodating stocks
and low prices. Print cloths have sold
at the lowest prices ever recorded,
30 4-lOc for slxty.fours, and the advance In
eraw material during the past week
comes TO increase the embarrassment.
In general the course OF prices for
manufactured products h enhanced by
speculative advance In the prices Of
many farm products. The business fall
nres occurring throughout the country
during the past seven days number All
as compared with a total of =403 last
week. For the corresponding week OF
last year the figures were 1886.