St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-07-25

but stimulates spectators to buy large
ly in expectation of BOOM ana
much money has already been locked up In
carrying accommodating stocks. With the Ut
most freedom in movement of wheat, reccV-
cry from Europe of the $4,000 100000 gold
Shipment this year would be difficult, but
with wheat exports checked for some months
scarcity of money would be felt in ali mar
kets and ali branches of industry
Reports of the condition of trade are gen.
orally more favorable than week ago. At
Boston there is further Improvement. Phil
adelph1a notes improvement in demand for
wool. Groceries move better than usual for
the season but collections are poor At the
West crop prospects stimulate everywhere.
Chicago reports wheat receipts five times last
years, an increase of 30 to 50 per cent in
dressed beef, hides and butter, but
some decrease i'll cured meats and lard.
Dry goods sales are trife smaller at pres
ent, and trade in clothing and shoes season.
ably duh, with collections improving, conf
dence in the future being general. AT Mil:
waukee trade is fairly active; at st. Paul, i'm
proving. and at Minneapolis active for lum-
Ter and better for flour. Wheat does not
yet move largely at st. Louis, though money
is going into Illinois towns to some extent.
Trade improves at Kansas City. money being
i'll demand for packers and grain dealers
At the South little change is noted, and
money is generally tight and trade inactive.
Speculation in breadstuffs has suddenly
become active Sales of As, 100000 bu OF
WHEAT uele nave Resulted Ill all duNdICe VI
ol2c per Blu. though the moderate official eS-
innate OF this years crop would leave nearly
200OOO,0C0 bu in the country for export, a
quantity greater than has ever yet been
been taken abroad. Corn has declined 30
and oats lac on small trade, having been I'M
naturally high. Pork products rise again
and speculation in them is foreshadowed<
Coffee remains unchanged and oil is an
eighth higher, while cotton has fallen sSc to
Sc for spot with sales of 60S000 bales. an
enormous trade for tbs season. Potatoes and
apples are lower, and farm products are gen.
orally getting back to a normal range, the
average prices of all commodities having
fallen 1l2 per cent. during the week. The re-
ported improvement in coal is mythical, tor
free selling continues by parties not named
at the May prices
The great industries show improvement in
wool and leather manufactures, but no signs
of recovery in iron or coal. The depression
in IRON is serious though prices are, on the
whole, but little changed. In the wool
trade the larger sales at Eastern
cities and continued large receipts at
the West reflect the Improvement which a
better demand for dry goods naturally
causes. Leather is awakening and manu-
facturerS are laying in stocks more literally.
The boot and shoe prospects at the South and
West are excellent, and Boston shipments
again exceed last years. But the money
mand and at some points approaching
stringency, and collections are not on the
whole good for the season.
The business failures occurring through
out the country during the last seven
days number POI, as compared with a total
of PA last week. For the corresponding
week of last year the figures were 1919.