St. Paul daily globe., 1891-12-19
REVIEWED BY DUN.
Large and Profitable Buiness Is
HODeG For.

NEW YORK, Dec. 1S.-R. G. Dun & Co. g
weekly review of trade says: AS the end of
the year approaches general trade slackens
and there is perhaps not more than the usual
disposition to defer large transactions until
after stock taking and the holidays. Ii is
satisfactory to see from nearly all points the
reports which note the inactivity usual at
this season also observe a prevalent and
strong belief that the business of the coming
season will be unusually large and profitable
Commercial credits and confidence are in
satisfactory shape for the transaction of an
enormous business early next year.
Boston reports fair trade in merchandise
for the season. At Philadelphia reports are
less encouraging. AT Baltimore manufactures
are active, and al Pittsburg iron seems lit
tie sitter, and an advance in window glass is
looked for. AT Cleveland retail trade is
good, and the iron business shows indica
tiOns of improvement At Cincinnati gen
eral trade is very fair. and especially in gro
ceries, and retail trade is brisk, and at De
troit trade is fair for the season, and equal to
last years.
At Chicago general trade is a trihe mar
rover for the week but with good prospects,
and receipts of wheat and rye and of dressed
beef are three times and of corn double the
last years In dressed meats the increase is
33 per cent and in cattle 10 per cent, while q
slight decrease appears in barley, decrease
of 20 per cent in lard, cheese and butter, and
80 per cent in wool. Collections are unusu-
ally large and money is i'll good demand. At
Milwaukee heavy coal and stove failure
causes some excitement and rainy weather
makes holiday trade unsatisfactory but the
jobbers report better trade than a year ago.
At st. Louis much strength is shown. par
ticularlv IN groceries, shoes. oil and drugs
and the holiday trade is large
At st. Paul trade is brisk; at Minneapolis
the grain and flour movement greatly ex-
ceeds last years; at Duluth the lumber cut
for the year has been $40. 000.O00 feet. and
jobbing trade is active; and at Omaha there
&c faIr Hnr0 ND und mo- ic A
Kansas City trade is fair. the car famine
checking the grain movement. At Little
Rock trade is only fair, but at New Orleans
receipts of cotton and sugar are large, the
demand for sugar good, and for rice moder
ate, and money is IN active demand at fair
rates
The iron trade shows greater strength and
larger sales Of pig than for long time, but
extraordinary weakness is seen i'll some fin
ished products. A sale of 100000 pounds
of lake copper for January delivery at 10l2c
is followed by offers at 1C14c. but lead is
unchanged and tin slightly higher. The coal
market is very irregul ar and the output 4039,- =
593 tons greater than last year TO date.
In boots and shoes there is much business
but little noise, the shipments being still 3I5
per cent behind last years. An auction sale
of ,OC0 cases of rubbers occurred, and crude
rubber is weaker at 64c for parafine. In dry
goods clothiers are waiting, and very few
orders have been placed for December, but
the prospects are not available. Wool is
steady, fleece and territorial being more ac-
tive. Trade in cotton goods is improving
and print cloths are firm at cents.
Prices of breadstuffs have declined, wheat
1lec, corn &c and oats 2l4c; the receipts con-
unue large beyond precedent. Cotton re-
ceipts also exceed last years, and the price
has dropped 1sc; coffee is lsc stronger. and
pork products slightly stronger, but the gen
eral level of price has fallen remarkably dur
ing the month thus far. Exports continue
heavy, for two weeks in December at New
York exceeding last years by 81 per cent in
value.
In dry goods very few odds have been
placed for December. Wool is steady fleece
and territorial being more active. Trade in
cotton goods is improving, and print cloths
are firm.
The business failures occurring throughout
the country during the last seven days. as
reported to r, G. Dun & Co. by Telegraph,
number for the United States, 307, and for
Canada 2S, or a total of 335, as compared with
go last week and $50 the week previous to
the last. For the corresponding week of last
year the failures were 404, representing 1863
failures in the United States and Al in the
Dominion of Canada.