St. Paul daily globe., 1892-06-18
DUN'S REVIEW.

New YORK, June 17-k. G. Dun & Co.'S
weekly review of trade: Hot weather and
politics together have affected business
a: many points, but there is. nevertheless, i'm
provement both i'll actual trade and in pros
poets. Cne of the various causes is this i'm
provement is the crop outlook.
The iron output June l is l75,l74 tons
weekly. only 2.7l2 tons less than May !, while
unsold stocks have decreased 26.427 ions in
spite of some increase at the South. South
ern No. is sold at Sl4.25 here, and some
Lehigh companies are cutting prices. Sales
are large: the demand for structural. sheet
and plate iron is improving. and even in
rails the mills find somewhat better de-
mand. The demand for steel beams is
stimulated by the low prices. 24c having
been quoted. No improvement is seen in
copper at l2c: London speculation has
h9isted tin to pc but lead is weaker at 4. 1c.
There is talk of further advance in coal,
the combination requiring more revenue.
Trade is fairly active at Boston. and the
boot and shoe trade excellent, though orders
are checked by Western floods Leather is
very firm. Rubber shoes are steady with Or
ders for weeks ahead: rubber is firm and act
i've, and sales of wool 100000 pounds, with
encouraging prospects. The trade in paints
and glass is satisfactory in Philadelphia, and
chemicals steady, and in oils and jewelry
quiet, while sales of wool are more tree. the
market being firm. Hot weather checks re-
tail trade at Baltimore.
At Pittsburg the demand for finished iron
is good. the prospect of wage difficulties
stimulating. Hardware is very active and
glass unchanged At Cleveland trade is
larger than last year. though buying is conser-
vatlve and al Cincinnati the millinery trade
is above the average, and jewelry trade fair.
AT Detroit trade equals last years, with wool
&c below last years price, and crop prospects
good.
At Chicago the volume of business is in
creasing i'll all lines, and receipts of oats
lo-A
meats a sixth. of hogs and cattle fifth, of
flour and rye two-thirds, while of dressed
beef receipts are double, of lard three times
and of barley four times last years. A de-
crease of q third in wheat and wool and
some decrease in hides cheese and butter
At st. Louis business is reasonably good, and
at Kansas City fairly satisfactory with large
receipts.
The crop outlook is brighter and remarka-
bly, good at Minneapolis with trade better
thai last year, lumber active and the -four
output the largest on record, PA, 0f0 barrels
against 133,O00 last year. At Omaha I'M
provement is seen in dry goods, shoes and
hardware, and at Denver trade is very good.
Improved trade is noted ct Louisville and
Nashville. At New Orleans sugar is quiet
steady. and money plenty with very little de-
mand.
Nestern receipts of wheat continue at the
rate of 100000 bushels daily, and exports
nearly 100000, but the surplus to be carried
over will doubtless reach 50,c05, GOO bushels
Better weather and decrease of only IL per
cent in cotton acreage, according to the most
reliable report have caused a fall of 5-1Gc in
the price. and the sales $4,000 bales, receipts
and exports being larger than last year.
The great manufactures are doing well for
the season by per cent Cotton spinners
are taking more cotton than year ago. Ex-
ports of products continue heavy. for half
of June 23l2 per cent larger from New York
than last year, with a moderate increase in
imports. Money is everywhere abundant and
failure of collections few. In the stock
market the tone is strong.
Business failures occurring throughout the
country the last seven days number 179. as
compared with totals of 1g2 last week. For
the corresponding week of last year the fig
ures were 253