St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-11-07
TRADE OF A WEEK.
Dun'S Review of Present and
Future Prospects.

New YORK. Nov 6-R. G.. Dun's weekly
review will say: The failure of widely
known bank at Boston was the striking event
of the week, but has caused establishment
rather than disturbance Withdrawals OF
money from this point to fortify Boston have
caused large stock sales Crops are moving
freely, so that ii seems scarcely possible that
any monetary disturbance should arise at
present. Reports from all parts of the conn
try show that business, though interrupted
somewhat by the elections, has been healthy
ard large In volume. At Boston the failure
of the Maverick bank caused some uneasi-
ness. but business continues steady and
healthy; no lack of confidence is seen, and
money is easy.
At Cincinnati groceries improve. The hat
trade is good and money fairly easy, and at
Cleveland the outlook is good and the de-
mand equals the supply. At Detroit trade is
healthy without initiation, and the demand
Tor money moderate. Western reports still
show the effects of a phenomenal grain move
ment. At Chicago receipts of wheat and
grain are three times those of last year: the
increase in dressed beef is 100 per cent:
oats. hides and wool. 50 per cent. and flour
10 per cent while 4 decrease of a third in
corn, quarter i'll barley and half i'll cured
meats; some decrease in cheese butter and
eggs, while lard receipts are but a quarter of
last years. Sales of dry goods clothing and
shoes are largely in excess of last year. and
money is in fair demand. At Milwaukee
trade is good with confidence in all branches
and money quite active.
At st. Paul manufacturing is much stimu-
lated by large crops and money is easy; at
Minneapolis the lumber trade is closing we'll
at stiff prices, and the output of flour is 49, 90
bbls against $1,000 last year, while at Duluth
receipts or wheat III TWO months have eX-
ceeded those for the whole of last year. At
81. Louis increased distribution is observed
and exchanges in October was the largest by
StOO,O09 in any mouth in the history of the
city. At Kansas City trade Keeps in good
shape. al Omaha is active and at Denver i'm
proving. At Memphis business is fair. At
New Orleans cotton receipts are heavy
sugar receipts liberal; at Savannah trade is
good. at Atlanta in healthy condition at
Charleston brisk, at Montgomery good at
Jacksonville only fairly good. The only
cities reporting monetary pressure are Omaha
and Savannah.
The iron industry. in spite of the lowest
prices ever known for some productions
shows no dependency. and the demand for
manufactured iron and steel does not dimin-
ish. The copper trade is Just now unsettled
put TN is slightly stronger, though lead is
lower, at IL cents. A slight increase APP
pears in the latest shipments of boots and
shoes from Boston. Trade i'll dry goods
looks little better: spring woolens are in
rather more demand, the dress goods season
is fairly satisfactory, and agents have begun
70 show coatings with fair results
Trade in cotton is just now equal 10 last
years, but for the whole season thus far it
has been considerably larger
Speculation has lifted wheat lac though
the wheat receipts continue enormous. EX-
ports for the week thus far are about equal
10 those OF recent weeks. Corn has declined
l2c with somewhat increased receipts at the
West and cotton is Isc lower with very
heavy receipts at Southern ports Oil, pork
products and hogs are somewhat lower. but
coffee is Ice higher The general average of
prices is a shade lower for the week and the
markets are less embarrassed than usual by
cllques maintaining artificial prices.
llrn l. oil .lx..-1 xr-sr1 !,
few controversies about wages. Throughout
the country collections seem to be fair for
the season. and, on the whole gradually i'm
proving. The business failures occurring
throughout the country during the last seven
days number 256 as compared with a total of
255 last week.