St. Paul daily globe., 1892-07-02
DUN'S REVIEW.
The Fiscal Year Just Closed I'm.
riv3leG in Its Record.

NEW YORK. July 1.-R. G. Dun & Co.'s
weekly review OF trade: A fiscal year never
matched i'll the whole history of the country
in volume OF industrial production, in mag
nitude of domestic exchanges or in foreign
trade, has just closed. The imports of the year
have been about SS33, ,000. 00U. the increase at
New York in June over last year being about
is per cent. Exports from New York in
June gained 1874 per cent, and the aggregate
for the year has been about S1,r27. .000, 600.
Ra1lroad earnings have been the largest ever
known i'll that month, exceeding last year
per cent. and over the whole year the largest
ever known in New York.
Failures for the half year have been 5000,
against 6O74 in 1891, and the liabilities SG2,-
900 600. against $92, 10000, and on the whole
about the smallest for five years. In spite of
the low prices, additional works are going
Into operation. even in the iron manufacture,
and yet more in woolen and cotton. More
over. the crops of this year promise to be very
satisfactory, and the new halt year begins
with excellent prospects.
Wheat receipts at Western points have
been 1,SS2,0Oo bu in three days, and at
{ Atlantic exports Q59,00D Du, showing that the
old supplies are not exhausted, and prices
are lsc lower than a week ago. Corn is 1c
higher. in spite of the large receipts and very
light exports, the fear being that part of the
crop may be destroyed by wet weather, or SO
delayed that frosts will catch it before ma
Oats are also cent higher Speculation
has been light i'll grain, but pork products
have advanced sharply-pork 81 per bbl, lard
42c per 100 lbs and hogs 35c. Speculation in
cotton has beer. active, with, sales of 10000
bales. resulting in decline of a sixteenth,
though receipts are getting light. But the
crop prospects are good and. the stock i'll
sight is enormous. 4
Business at Boston is satisfactory: shoe
factories are busy with orders. aud leather
very firm, and summerldry goods have been
well sold and the wOolen mills have steady
demand for their whole machinery. Cottons
nd firrp, dol 1nhi
manufactured. ana esnecially structural. iron
is firm; some demand is noted for the deliv-
cry of dry goods in July. and manufacturers
are buying wool more freely. The hardware
trade is large. though at low prices. In other
branches business is fair for the season.
At Baltimore good orders for clothing are
noted and an early season for shoes is eX-
pected, though the packing season is ex-
pected to be light
The wage dispute at Pittsburg closes some
mills, and many of the bouses will close
few weeks for repairs and finished iron is
more active, but pig is dull: Glass is weaker
and window glass low. At Cleveland, dry
goods groceries, hardware and boots and
shoes show improved trade, and there is a
better demand for rolled iron. Cincinnati
reports average trade, increasing in some
lines, and manufactures fairly active. AT
Chicago the volume of trade considerably eX-
ceeds last years; collections are easier and
bank clearings larger. Trade at Milwaukee
was satisfactory.
AT ST. Paul business is goOd ana crop out
look favorable. kt Omaha sales in June i'll
most lines were the largest on record, and
continues. At st. Louis business is good,
ana crop returns better than anticipated: and
at Kansas City trade is better than last year,
with liberal receipts of grain, but light of
cattle and hogs. At Denver trade is very
good. At Memphis business is dull; and at
New Orleans very dull: but improving at At
ianta. and better than has been expected at
Savannah.
Speculation in stocks has been languid.
Money is abundant at all financial centers
with Lut moderate demand, and collections
fairly good. The business failures occurring
days number 197, with a total OF 100
last week: for the corresponding week of
last year the figures were 234.