St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-03-05
DUN's REVIEW.
Trade Improving and Money
Ronnrtel Plentiful

New YORK, March 4.-Weekly review of
trade by r. G. Dun & Co. says: Domestic
where much trouble seems to have been due
to unwillingness of holders to sell cotton for
low prices rather than to actual loss on such
sales. Supplies OF money are everywhere
ample. 1t is still the fact that the two dark
spots are directly caused by over production.
Cotton receipts this week have been
light. Efforts to curtail the production this
year appear to meet with some success.
The only possible remedy for the troubles in
the iron trade is to be applied according 10
dispatches, by the closing of some furnaces.
Current prices are called about the lowest on
record
The rail combination still waits for buyers.
The trouble i'll this industry is that too great
and sudden expansion was expected. Copper
is unchanged, tin weaker and lead moder-
ately active. The coal market continues I'M
certain. as the combination is not ready to
act, but agents recommend all output OF only
2,5O0,O00 tons in Morch.
A better situation appears in textile manu-
facture. for cotton mills are well employed
and trade in cotton goods is improved all over
the country. even i'll the South. In wooden
mills and in sales of wool decided improve
ment is seen. Wool is lower. as holders grow
anxious 10 sell before a new crop comes.
The spring trade i'll dress goods closes in
good shape, while in mems woolens the
right fabrics, and colored to meet the taste,
sell rapidly. More demand is noted for black
cheviols. In boots and shoes there is much
more activity. though The MANY BUYERS at
Boston Still act with reserve, and shipments
are as yet per cent behind last year To date.
General trade at Boston has been curtailed
by the storm. but increased orders are seen
in nearly all lines. At Philadelphia whole
sale trade in dry goods is satisfactory and
especially with the West. At Baltimore the
grain export trade is the largest ever known.
ALI kinds of iron and steel are weakening at
Pittsburg, manufactured and structural be-
ing lower with dull trade, and some pudding
mills have closed, but glass is fairly active
Cleveland notes rolled iron active but weak,
while improvement is seen in hardware,
groceries and shoes, and the dry goods trade
is good. The spring jobbing trade is fair
at Cincinnati building prospects are good
and manufactures more active than usual.
AT Milwaukee wheat receipts are :, OOO.O00
blu, against 600,0 900 bu last year; the flour out
put, III 900 bbls, against 123,00) Dbls and the
lumber trade good, with jobbing trade largely
beyond last year At st. Paul the jobbing
trade is 80 10 80 per cent greater than year
ago. AT Omaha trade is quiet, and at ST.
Louis hindered by impossible country roads,
though the spring outlook is very encour
aging with the rapid movement of the corn
crop. Kansas City reports increased sales
over last year, Denver a fair TRACE and salt
Lake light business. with slow collection.
AT Memphis trade is improving. and also ut
Montgomery; but at New Orleans the i'm
provement is slow; cotton and rice are rather
dull, butsugar is in good demand.
Speculation has not been at all active, and
it may be fortunate that gold exports
checked the rising fever in season. Wheat
has declined half cent with small sales. the
receipts for half the week being over 1000, 009
blu, against only SIS, 900 bu exported. Corn
comes forward freely. receipts being 1.sOO,OOO
bu in three days, but exports are heavy.
1,23a.000 du in the same time and the price
half a cent higher. Pork products are a
shade lower. but Oil quarter and coffee an
eighth higher.
The business failures occurring throughout
the country during the past seven days num-
per 240 as compared with 270 last week and
Is for the same week last year.