St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-03
DUN.S REVIEW
But for Cholera Business Pros.
poets Would Never BE Brighter.

NEW YORK. Sept 2.-R. j. Dun & Co.'S
weekly trade review says:
While industry and business we're improv
ing daily and prospects were brighter than
ever, the sudden alarm about cholera came
TO cause some hesitation. 1t is even said
that buyers from the South who were headed
for this city turned back because they were
afraid OF detention here There is reason for
the utmost precaution against Importation
OF the disease, which national and city au-
thorities are taking with creditable energy.
But there is yet no ground for supposng
that the pestilence will obtain a foothold
here this season. In all departments of
business prospects are nearly better than
year ago, and nearly all accounts show
actual increase in business. Crop prospects
are better. money is in greater demand but
ample supply everywhere aud industries re
producing more than ever before.
FEAR that efforts may be curtailed by pesti-
lence i'll Europe. with causes previously
strong. has depressed the markets. Wheat
has dropped to 7SIsc. the lowest point since
lsS3. and recovered only to a fall of &c for the
week. Corn has dropped 712c for the week,
with better Western reports. Oats have de-
clined lI2c pork soc per hbl lard &c and
hogs zoe per 100 lbs. and oils sSc lower The
greater part of these changes came from the
unnatural condition of markets. for some
time held up i'll spite of extraordinary stocks
i'll sight Wheat receipts in four Gays were
4S52, 2y6 bu. but the exports were only 99s. 3345
Blu. While current estimates of the coming
crop are constantly rising. it has been evil
dent that Europe will take less of our prod
ucts this year than last: but pestilence there
will not greatly diminish the need for food
or clothing.
Manufacturers in this country have never
been i'll Letter condition on the whole than
that which reports now indicate. All textile
branches are producing more and consum-
ing more material than ever, aud the demand
has rarely pressed so closely on the supply.
Most wooden mills are running night and
day 10 meet orders, and cotton mills are
crowded, while stocks CT goods in sight are
phenomenally low.
The iron and steel industry rapidly re-
sumes full production. though some mills
are yet delayed by repairs. Demand for pig
is very good. while mills are pushed tor bar,
plates, sheets and structural iron. 1t is
enough 10 say of the WOODEN manufacture
that the sales at the three chief markets
since the middle of May have been 104, 45i,O60
pounds of wool. against S3.GUh.0 GOO last year.
an increase of 25.S per cent Boots and
shoes shipments reported by the Shoe and
Leather Reporter show an increase Of per
cent, and cattle receipts at Western markets
show an increase of % per cent for the week,
and IA per cent for the year thus far.
AT Pittsburg the demand for finished iron
is better and prices somewhat stronger. AT
Cleveland trade is good in rolled products.
dry goods, hardware and groceries, and at
Cincinnati machine shops and foundries are
pushed to the full capacity, exceeding last
years production. At Indianapolis the car
movement is unprecedented. and at Detroit
pusinesS is Ihlr ana money III Detter demand.
Better demand for money is seen at Mil
waukee and no injury to corn or tobacco re-
ported. Trade increases at st. Paul and Min
Eeapolis with fine crop prospects. Lumber
very active and prices strong. Business is
active at Omaha, satisfactory with large re-
ceipis Of cattle and grain at Kansas City, and
strong at st. Louis. general fall trade being
assured. At Denver business is good. and
throughout the Northwest reports as to col
lectiops are very favorable.
The failures occurring throughout during
Inc last seven days number l4s for the
United States, and for Canada %, or a total
of J76. For the corresponding week last year
the figures were Ill, representing 157 failures
in the United States and 20 i'll the Dominion
Of Canada