The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1892-09-10
COMMERCIAL AFFAIRS.

The state Of Trade Throughout the Cnited
states as shown by X. q. Dun 3 Co.'s
Weekly Review - The Chofera Alarm
Causes Hesitaney In SOME branches of
Business, hut Generally Speaking, Trade
Ii In a Healthy Condition.
NEw YORK, Sept. 3.-R. G.. Dun &
CO. s weekly review of trade savs:
while industry and business were mirroring
daily and prospects were brighter than ever,
the sudden alarm about Cholera came to causs
some hesitation II is even said that buyers
from the south who had started for this city
turned because they were afraid OF detention
by quarantine here, which implies paucity OF
sense on their part. In all other respects busi-
ness prospects are clearly better than year
ago, and nearly all accounts show
actual Increase IN business. Crop
prospects are better. money is In greater
demand. but in ample supply everywhere,
and industries nre producing more than over
before. Fear that exports may be curtailed by
pestilencs in Europe has depressed the markets.
Wheat has dropped TO 7sls the lowest point
since 1885, and recovered only TO a fall Of
cents for the week Corn has dropped 6i2 cents
for the week. with better western reports.
Cotton rose q shade. but has fallen to 7ls csnts
with sales Of e68. 0oO bales. Oats have declined
one-half cent. pork 50 casts per baNel. lard.
81 cents, and hogs Q cents per 100 pounds,
and oils are fve-eighths lower. Tho
greater part of these changes came
from the unnatural condition OF
markets for some tims held M In spite Of ex-
trao ordinary sto ks in sight. Wheat receipts in
four DAYS were 4.ss2, ,e2e5 bushels, but exports
only f63. AS Stocks or cotton on hand In this
country equal two months consumption, and
in Europe about three months consumption Of
American. while current estimates Of the COM
ing crop are constantly rising 1t has been
evident that Europe will take less OF our prod
ucts this year than last, but pestilancs thsrs
will not greatly diminish the need for food
or clothing Manufactures In this coun-
try have never been in better condition
on the whole than that which reports now in
dicate- All textile branches are now producing
more and consuming more material than ever.
and the demand has rarely pressed so closely
on the supply. Most WOODEN mills running
night and day to meet oriers and cotton mills
are crowded while stocks of gools in sight are
phenomenally low. The iron and steel industry
rapidly resumes full production. though some
mills are vet delayed by repairs Demand for
pig is very good while mills are pushsi
for bar. plates, sheets AMI structural.
The Homestead plant IL in full
operation, aad strikes no longer
prevent production, except at a few works at
Pittsburgh. 1t is enough to say Of the woolen
manufacture that saies at the three chief mar
kets, sincs the middle Of May. have been 104,-
5000 pounds wool, against So 0t6, 900 last year.
an increase of 25.S per cent Boots and shoes
show an increase of 5 pr cant. and cattle re-
cepts at the western markets show an increase
of % per crnt for the week. and IA per cent. for
the year thus far. At Boston retail trade Is
more active with cooler weather. mills
are busy with prices of cottons
tending upward. AMI buyers of boots
and shoes ar, placing fair orders. Trade
in rubber goods is excellent At Hartford the
hardware trade is fairly brisk. and groceries
and dry goods are in fair demand. At Phila-
delphia iron mills are full Of orders, AMI con-
sumption greater than ever and improvement
is seen in chemicals. tobacco. jcwelry and gro
ceries- At Baltimore groceries and the cloth
ing trade are active, dry goods In fair demand
and naval stores steady, but canned goois are
dull. At Pittsburgh the demand for finished
iron IL better anil prices somewhat stronger.
At Cleveland trade is good in rolled
products, dry goods, hardware and groceries,
and at Cincinnati machine shops AMI foundriss
pushed to their full capacity, exec ad:ng last
years production. At Indianapolis the car
movement is unprecedented, and at Detroit
business is fair and money in better demand
Better demand for monev Is seen Mt Milwau-
kee. and no injury to corn or tobacco is rs-
ported Trade increases at St Paul and Min.
neapolis with fine crop prospects; lumber very
active and prices strong Business is active at
Omaha; satisfactory with large receipts OF cat.
tie and grain at Kansas City and strong at
st Louis. general fall trade being assured.
At Denver business is good and throughout the
northwest reIorts as to collections are very
favorable. Crop prospects are brighter at
Little Rock and business improving; tobacco is
very active at Louisville: trade increases
at Memphis and also at New Orleans.
though cotton is dull with large crop
estimates. Sugar and rice are strong
and active with money in better demand. The
stock market which for a long time held up
against foreign selling by strong operators,
has broken sharply. about s2 per share. on the
cholera alarm. and realizing has been general
and especially in speculative fancies Of the in
dustrial class Grain carrying stocks are also
lower, while money Is legitimatsly stronger
with some manipulation to increase the effect.
But there is no cause for alarm. except
that some prices have been artificial. The
treasury has pail out 81. 10000 more currency
during the week while adding Sl.6000O gold
and $500 silver to its stocks. Customs receipts
in August show an increase OF 20 per cent and
Of internal revenue l2 per cent. Gold engage
ments for Europe to-day are over Sl.5nO.0OD,
but supplies OF money throughout the
country are ample and western demands likely
TO be smaller than usual.
The business failures occurring throughout
the country during the last seven days. number
for the United States, lis and for Canada 2s: OF
a total of l78. az compared with $50 last
week. and 1877 for the week previous to the last
and fnrt tbo diDo of ar