Indian chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1882-1902, 1891-11-19
THE STATE OF TRADE.
Weekly Report from r. G. Dun
& Co.'S Agency.
Trade in Many Lines Ia the West is the
Largest Ever KnoWn-rhe West stiil
shows Up in Fine Style business
Failures Etc.
Il. 9. Dun 4 Co.'s Weekly Review q


H. G. Dun Il Co.'s Weekly Review Of
Trade SAYS:
Business is entirely recovered from
the slight disturbance caused by the
Maverick bank failure. Money at New
York has fallen again to per cent on
call, and at Boston plenty Is Offering
and rates are steady. Trade is large in
volume for the season and in many lines,
especially in the west, the largest ever
known. But margins for profits arc
narrow and the tendency of prices is
not toward improvement In that respect
while breadstuffs advance. most manu-
factured products tend TO decline.
Records OF mortgages satisfied In
western counties show that enormous
sums are taken for that purpose by
farmers from their receipts, SO that an
unusual proportion of the money paid
for crops goes to cancel debts created In
past years. Doubtless this in part ex-
plains the fact that the demand for var
ious manufactured products has not yet
SO largely as was expected. in view OF
the great crops raised
Reports from other cities show
great hopefulness. At Boston trade Is
large in volume; at Hartford trade in
dry goods and groceries is very fair; at
Philadelphia trade In dress goods Is
most active At Cincinnati retail trade
improves In all lines and jobber trade
for short. At Detroit manufacturers
are busy, and at Cleveland the dry
goods and shoe trades surpass last years
and hardware and groceries are active.
At Milwaukee sales In all trades are far
in excess OF last years At Chicago re-
ceipts of wheat and rye are three times
last years; of oats and dressed beef a
third larger; OF hides and wool a quar-
ter larger; Of flour fifth larger, and OF
barley somewhat larger, but in cheese,
butter and corn decrease appears, and
large decrease In cured meats and lard.
Sales Of merchandise greatly exceed
last years and clearings are the larg-
est ever known. At St Paul trade Is
active. At Minneapolis lumber Ia
strong and high and the output OF -four
POI 900 barrels against l79, 900 last year
At Duluth the lumber cut is the largest
ever known and shipments heavy. At
St Louis trade is strong In shoes,
clothing, drugs and oil, and money in
large demand for cattle and cotton
regions, and at Kansas City the move
ment OF live stock and grain is heavy.
''At the south cotton receipts arc
very large but much is held because OF
low prices. The rice movement Is
heavy atiNew Orleans and receipts OF
sugar large with groceries fairly active.
receipts are largo at
Charleston and considerable improve
ment is seen in trade at Savannah and
Jacksonville.
''The wool manufacturers and cloth
iers are waiting, but agents are exceed
ingly hopeful and trade in knit goods is
satisfactory. The great sale OF carpets
removes threatened accumulation
which hung over the market, but lower
prices are quoted by some makers.
Cotton goods are In fair demand, but
print cloths accommodating. Orders for
boots and shoes arc increasing, particu-
larly from the south for mems split and
women'g light grain boots, while the
west is rather backward. Money mar
kets are well supplied for Legitimate
business and there is "a distinct i'm
provement In collections as products are
marketed.
"The business failures occurring
the country during the last
seven days number POI, as compared |
with total Of 226 last week For the
week Of last year the fig
lrpg were 2HH y