St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-17
buns REVIEW.
Cholera Has Had But little Eff.
feet OH business.

NEW YORK Sept. I6-R. G. Dun e. Co. s
weekly review of trade will say:
Cholera has landed, and the business Of
New y ork goes on exactly as if 1t had not.
The selling of stocks has been quite heavy
and the decline in prices has averaged about
S25 per share for all the active list. Money
is in ample supply and the demand from the
interior is less than usual ut this season, but
large amounts are held out of the loan mar
ket by people who are looking for eXcep-
tlonal opportunities to buy cheaply.
There has been much talk about pestilence
as an excuse for low prices of breadstuffs
ana cotton. But the fact is the enormous
stocks brought over from last year afford a
sufficient reason for exceedingly low prices.
The receipts of wheat at the principal West
ern points In four days of this week have
been 5.316S33 Blu, while the Atlantic exports
have been only LOGS. 435 bu, and 1t is not
strange that the price has declined 84c. At
ssc wheat is lower than il ever has been in
New lork, except i'll two days IN 1884. Corn
has declined ll2c in sympathy, but il is also
fact that Western advices regarding the
growing crop are more favorable. Oats have
fallen tac, and lard is a shade weaker
AT Boston trade in dry goods is unusually
large for September. Wooden mills are well
supplied with orders, and the distribution is
remarkably full. Boot and shoe shops are
crowded with orders. At Hartford trade is
satisfactory AT Philadelphia trade in dry
goods is the most satisfactory for many
years. Wool Is in fair demand; tobacco in
proves and trade i'll chemicals is active es-
specially in disinfectants
"At Pittsburg the iron trade improves with
increased demand, though Bessemer pig is
weaker. Window glass works are resuming.
Trade at Cleveland is good in N )st lines,
with iron in better demand and money act
i've. Retail trade at Cincinnati is quiet. at
Detroit orders for freight cars exceed Ca
pacity for weeks and months TO come. At
Chicago business increases and nothing ad-
verse appears. Trade at Milwaukee is brisk
and at Omaha excellent A generous fall
trade is expected at St. Louis, and Kansas
CITY business is satisfactory All Western
collections are reported very good.
THE demand for structural iron is very
en- couraging, and plate mills are well sup
piled, but quotations are variable and bar
iron is unsettled. Copper is lower at 1l12c,
and tin nj 20 Soc in spite of large distribution,
but lead is more steady at 405c There is a
heavy demand for cotton. and medium
bleached goods are higher, with browns firm.
Carpets are stronger.
Money has been steady at per cent, while
foreign exchange has fallen so far that eX
ports of gold are improbable. The treasury
has added i,50n,0 G0 gold and $780, 900 silver
TO its stock, while putting out 100000 addl-
tional paper. Here, as in all parts of the
country. the supply of money is ample for
legitimate needs. and the shrinkage of 81 &C.
ulation is helpful as regards the possibility
of monetary pressure later.
1.-The business failures occurring through
out the country during the last seven days
number 1872, as compared with totals of 179
last week. For the corresponding week of
last year the figures were 239.'