St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-01-09
STRIKING CHANGES,
Dunss Review Discusses Pros.
poets Of Traie.

New YORK. Jan. S.-R c. Dun & Co. g
weekly review OF trade says: The first week
of the new year has been marked by some
striking events These changes do not
threaten, but promise TO help, the legitimate
business of the country, W hich overconfident
speculation at this time might have e.nbar-
raised.
The government issued this week its final
statement of the yield of wheat, corn and
oats. The yield of wheat now reported so
far exceeds previous reports and the esti-
mates that the price has dropped sharply,
sac for the week on sales of only 10.000,O01
bu. Oats also dropped 2L2c, but corn rose
lac large exports, actually exceeding those
of wheat for three DAYS OF the week, sns-
tanning the price. Pork products scarcely
changed. Oil rose 2ssc and coffee Ac.
Trade throughout the South Is considered
poor and collections are very slow. At New
Orleans banks are easier. and a better feeling
is seen in the money market. though unusual
quantities of cotton. sugar and rice are being
carried. The demand for sugar and rice is
strong and active, with slightly better prices,
but cotton is declining with heavy receipts.
Trade in other parts of the country is far
for the season. the ew year quiet not having
entirely passed. Boston business is better in
some lines. AT Philadelphia liberal orders
are, noted for spring materials, and while
very light, the prospect is considered
good Baltimore reports a healthy money
market and Cincinnati activity i'll clothing
and moderate trade in whiskys with a favor
good for the season, and rolled iron in good
de mand. At Pittsburg the outlook seems
better. Pig iron is stronger, and finished iron
in good demand.
OF barley, cured meats. cheese and cattle.
receipts of oats nearly double last years, of
flour, corn, rye and dressed beef fully
double, and of wheat three times last years.
Dry goods sales are light, though payments
are better; sales of clothing and shoes
larger than year ago, and money is in fair
demand, with the supply ample for legitimate
trade. Milwaukee finds good indications for
the spring trade, and heavy snow helps the
lumber business.
AT st. Paul trade is quiet but with excel
lent prospects. AT Minneapolis the car
famine is over and the output of -four l72.-
900 barrels, against 114,000 last year, with
lumber sales of 1891 exceeding those of 1890
by $1,000, 0C0 feet. At st. Louis Geld weather
causes better trade in heavy clothing and
other trade is seasonable, the gram blockade
having broken. Trade at Kansas City is
quiet and money in light demand. Collec-
tons throughout the Northwest are very
fair, though slow at most Southern points.
The great industries report no important
change, though in iron large business is
being done, and the tone is improved. Some
improvement is seen in bar and plates. and
fair business in structural iron. The coal
trade Is ragged, though the demand is be-
"copper" though large sales have occurred;
tin is weaker, and lead dull. The money
market has been well supplied at this point
and other markets throughout the North are
easier.
In brief. the business prospects of the
country are remarkably favorable for the be-
ginning of the new year, excepting at the
South, and while the depression in that sec
ton may considerably affect some trades
and branches Of manufacture. the uplifting
influence of large Northern crops and of un.
precedented foreign demand for Northern
products gives substantial ground for the
great confidence which prevails.
The business failures occurring Throughout
the country during the eight days since Dec.
81 are 49,, as compared with total of 329 last
week. For the corresponding week of last
year the figures were 403.