The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1892-01-28
has by no means died down, and right hers
in Canon there arc hundreds who think
DUN,S TRADE REVIEW.
The Prospects for tho Now Year are Ex-
ceedingly Favorable.

| The Prospects for tho New Year are Eek
ceedingly Favorable. Is
New Yonx. Jan. 27.-tSpecial. 1--Dnns
laat circular says; No news At this seaaor
III good nsws. Opening Of goods and prs
parstion for q year of active trade fltstht
time. and it 10 yet too early to report ma
tsrial change in the distribution. Indus.
triea are remarkably we'll employed for tbs
season, and the movement Of crops il still
large, and reports from every part Of the
country express even greater
than before in the prospects for trade.
while in some lines definite though gradual
improvement is already seen. Rumors 81
coming wa have moved the stock market
to some extent during the past week, bu'
had not substance enough to affect money
markets Or trade in the laast. Ihe heavy
buying OF coal stocks OF late loads to the
belief that settlements bene6cialt to on I'M
portant industry will soon be affected.
The markets for staple products have
been undisturbed by speculation, which Is
held in check by the enormous supplies.
Wheat advanced III cents, and receipts at
the west have been lighter owing to severe
weather. but exports continue large; Corn
in coming forward very freely and has de-
clined liz cents, and exports for the week
will probably be worry heavy, Oats are 9
quarter lower, but pork products . shade
stronger. Oil has declined half a cent, and
coffee advanced a quarter. In other mar
kats no important change IN prices IS no
ticed, though increasing strength il re-
ported in the markets for iron and steel
products. Speculation in cotton has taken
courage from the fact that receipts have
recently declined, at some points largely,
and the price has advanced a sixteenth dur
ing the week and q quarter since the lowest
point, 7s3s cents was touched. Speculative
sales last week reached 100000 bales here,
and the improving market caused a better
tone at man. southern points.
At Philadelphia increaing sales are seen
in dry goods, the Northwest leading i'll pur-
chases, larger orders are reported In nails
and general Improvement in hardware, and
better orders for iron have caused ad-
ditional furnaces to begin blast. In wool
jewelry are quiet. At Chicago general
trade is larger than a year ago, and collec-
tions easier, an increase of a third is seen
in -four and corn receipts, but receipts OF
wheat and lard are double, of rye three
times, and of dressed beef four times last
years, while decrease is noted only in oats,
barley and cured meats. At Minneapolis
trade, but tlour is in better demand, the
output being $4,000 barrels against 115.0W
last year for the week. At st. Paul pros
poets of trade are excellent and money easy,
and at Omaha very easy with trade lmprov-
ing. At Denver business is very good for
the season. At Galveston extreme cold re-
tards business, and losses of cattle on the
ang are heavy.
The output of precious metals in 1891 has
been surpassed in only W years. according
to Wells-Farqo statement, amounting to
1871. 975, 1884 gold, $6O.614, O04 silver, Sl3. 261,-
663 copper, and $12, 3S5, 780 lead. Tho Mex
lean output of silver was $43,OOO,O OO. An
nuai reports of many other industries show
that the production in 1891 mas rarely if
over been equalled, and the new year be-
gins with no prospect of decrease in any
important industry. Even the wool manu-
facture appears to have used more wool last
year than in any previous year. imports
having been the largest on record. In
woolens there is a considerable return de.
mand for spring goods, and the opening OF
many styles of men's wear for the follow
ing season is met thus far by good orders.
An excellent business is done by jobbers in
cotton goods, and in the medium and
cheaper grades unprecedented, and knii
goods are fairly strong.
Tho business failure occurring through
out the country during the last seven day,
as reported to r. q. Dun, the mercantil.
agency, by telegraph, number. for the
United States, 274, and for Canada, fifty
four, or a total OF 1923, as compared will
totals Of $50 last week and 1876 the week pre-
vious to the last. For the corresponding
week Of last year the figures were All. rep
resenting $50 failures in the United States,
and ffty-one in the dominion of Canada.