The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1891-04-27
SPECULATION SAVED IT.
Nut for This the Past Week Woula
Have Been Very Dali.

nave bGGn very DutA'
NEW York, April PR. G. Dun q
Co.'S Weekly Review of Trade says:
But fo- speculation, this would have
been comparatively duh week. But
sales of IL, ,o00, 900 bushels of wheat in
this market and 900 bales Of cotton
have supplied certain activity though
not of the most wholesome kind. In the
interior business has been somewhat I'M
proved with more favorable weather,
but many causes combine to prevent
great activity. Prominent among these
is the reaction from excessive real estate
speculation and building which have
prevailed for wears in some quarters;
thus at Philadelphia depression is ex-
plained by the fact that 10000 new
houses have been added in eight years.
| The strikes in building trades tend to
| cause dullness where activity had been
expected. and the threatened strike of
| coal miners in several states also retards
operations But on the whole, the
Volume of Business Is Large
for the season, in amount of bank ex-
changes close up to that of the CORES
| ponding week last year, and east-bound
shipments from Chicago for three weeks
4 have been 200,071 tons, against 2l3, 100
for the same weeks of 1890. The symp-
toms are those of waiting rathey than OF
i reaction. The merchandise movement
at Boston has been fair, in wool slightly
larger without much change in goods
Trade in lum Der is very fair and prices
|, firm. At Philadelphia the coal and iror
, trades are more active. Worsted mills
are running full time at good prices. Al
Hartford is noted that goods do not
Justify the higher prices said to bt
asked for the increased clip ot
wool. at Baltimore trade il
only fair, and at CLEVELAND
better weather brings some improve
, ment, with unusual activity in manu-
factured iron. / Cincinnati also note
Improvement, and Detroit finds bette
: trade with better country roads. A
Chicago wool receipts increased owe
! last year, and wheat receipts are larger
!. but decrease appears In flour, corn
T meats, lard and hides. Dry goods sale
q equal last year for the same week, an
sales of clothing and shoes show in
9 crease. The grip retards trade at Mi
4 waukee, but further Improvement
seen at st. Louis. Trade is fair at Kar
o sas City and Omaha and better at Der
n yer. Cotton is quiet and lower at NeN
7 orleans, anu sugar dCINc huu Ao"Ci
n general trade being fair. AT Savanna
If trade slackened slightly. and is rathe
,e dull at Jacksonville. The money ma
kets are generally undisturbed and con
paratively easy, with fair to brisk d.
mand at many poinls and little stril
gency at one or two. Collections a.
> pear to improve, though rather slowl
Slight Change i'm Prices.
p Prices have changed scarcely at o
Is in the great industries, but the tone
the iron trade is better. Unsold stocl
appear to be much reduced, and even
= the South are now said TO be unusual
y small. There is also seen more life
Ne the demand for structural and pla
! iron, and the larger rail mills are sa
to have orders to occupy them beyol
A. the end of May.
ct The business-failures for the past we,
n number for the United States 205. Ca
A. ada, AZ; total PAT, as compared with
total of 251 last week and 243 the we
preceding the last. For the correspon
% ing week of last year the figures we
IN 21S, representing 179 failures in t
ut United States and 80 in Canada.