St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-02-27
DUN.S REVIEW.
DuiineSs of Trade Continues.
Especially i'm IRON.

NEW YORK. Feb. 26-R. G. Dun & Co.'S
weekly review of trade: The state of domes-
nc trace Is not materially changed, though
the continuing dizziness is perhaps more GEN
orally felt. Boston notes trade of satisfac-
tory volume, with considerable activity and
large Western orders in dry goods At
hartI9rd quiet trade i'll most lines is re-
ported. with a little decrease in dry goods
and slow collections. AT Philadelphia
money is easy: iron much depressed bv
Southern sales: hardware dull in the city
tne wool market quiet, but dry goods more
active, with sales ahead of last year and satls-
factory orders from the West Baltimore
notes good business in dry goods, but slow
collections
At Cincinnati the shoe manufacture is
gong well; manufacturers are busy ana the
demand for machinery brisk Trade is bet
ter at Cleveland in all lines except boots and
shoes: but iron is still inactive. at Chicago
merchandise sales show increase over last
year, and collections are easier; receipts of
dressed beef are three times and of wheat
twice. as many cars. and liberal increases
appear In other breadstuffs. Milwaukee re-
ports business only fair and collections slow
owing to bad weather. AT ST. Louis the same
cause makes country trade almost impossi-
BILE: but the outlook for spring trade is. new
ertheless, considered more encouraging than
O week ago.
Building operations promise 10 be yery
large, and the demand for materials is al
ready active. Minneapolis reports good bust
ness, with an output of 900 barrels flour
against 112,0O0 the same week last year. At
Omaha trade is quiet owing to bad weather:
at Kansas City business is fair, and at Denver
very satisfactory. Little Rock reports fair
trade. but at New Orleans general business
is dull, tnough sugar is active and rice in fair
demand, but cotton is dull and lower.
Speculation in breadstuffs has been much
less active since gold commenced TO go
abroad. and wheat has declined cents dur
ing the past week, the exports being small
Corn has risen s4c, and oats Iae, while
scarcely any change appears in pork prod
ucts. Oh is lac lower. and coffee lac
stronger, with small transactions in both.
me only great branch of manufacture
which makes discouraging reports at present
is the iron and steel industry and the diff
Guilty there is not shrinking consumption,
but enormous increase in production In
cotton larger consumption than has ever
been known before is sustained by demand
so active that advances in the prices of.some
qualities are occasionally reported in spite OF
the cheapness of the materials. In wooIens
the mills have recently been much more
active, with larger orders for goods. and man
ufacturers' purchases of wool are for the past
week much larger than a year ago. The
building trades are Irregular. some cities re-
porting greater activity, but where last wears
strikes shortened hours and increased wages
there has been a general shrinkage which
affects the iron industry.
The rail com bination also restricts pur-
chaseS OF steel rails and started the wear il
appears, with orders for only $4,000 tons, no
transactions having been reported for the
past week There are orders placed for sew
eral thousand cars and some locomotives
and the demand for plate iron is somewhat
better. and for structural iron satisfactory at
present. but no improvement is seen in bar
iron, while the market for pig iron is de-
pressed by sales which are generally attrib
uted to financial difficulties. Southern No.
is even quoted at Sl6.50 per ton-about the
lowest price ever made. Money continues in
abundant supply, with no pressure at anv
interior market. But the large shipments of
gold said to be for Russia, led 10 the belief
that money must be dearer soon
The business failures occurring through
the country during the last seven days num-
Der 27O, as compared with totals OF 800 last
week. For the corresponding week of last
year the figures were 200.