Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1894-03-31
GUMS REVIEW OF The WEEK
Business Larger in Volume bur
Improbable.
An Increased Output OF Iron-Demand fs
Cotton Goods Is Fairly Good
Brazil Cotton Crop Re-
ported Large.

NEW YORK, March 24.-R. G.. Dun O.,
Co.'S weekly review of trade says: II i
p%erplexjng to be obliged to report that
business grows larger in volume. and al
the same time not more profitable. I'm
certainty does not diminish. but ha.
rather increased. in the judgment o.
many commercial bodies which have
urged the president to veto the seignor.
age bill. Prices of commodities do no,
rise, but are on tho whole about 1.5 pei
cent lower than last week, though Their
the lowest ever known in this country.
and are 1919 per cent lower than a year
ago. More mills are at work, though
the proportion of productive force unem.
ploycd is still from a fifth to a third in
different branches of industry, and many
mills are stopping because their orders
have II out. even while a larger nun.
Ter are starting with orders enough for
a time.
Increased Output of Iron.
The starting of four furnaces by tho
Illinois Steel company, and one other at
Pittsburg, increases the output of iron,
and some large sales have been made at
the lowest prices yet reported, with indi.
cations of continued demand for struc-
tural work, and especially at the west. ,
On the other hand. the demand for
wire in various forms. which led the
way to Improvement. seems to slackeu.
and nails are said to be selling lower
than ever, below ! cent. A reduction Of
.n gantS -, fra,,htg f,,,, DittoI,,,,, o.,
tidewater only adds to western. while it
takes from eastern business. In minor
metals this is 4 little larger. but at the
expense of IA further decline to 9.5 cents
for lake copper, while tin is steady and
lead a shade higher.
The demand for cotton goods is fairly
large, but with reduction in prices of
gome grades, and the accumulation of
print cloths continues. A large auction
lale of silks brought fairly satisfactory
prices. Sales of wool for three weeks
have exceeded last years 1913 per cent,
ihough transactions this month last year
we're about DO per cent below the aver.
age. There Is more demand for such
wool as is needed in manufacture of I'M
1erwear, dress goods and worsted suit.
'ngs. but fine heeces are almost unsafe
able.
Wheat Made Another Low Record.
Wheat, cotton and pork have declined
q little, wheat making another record a
shade below 60 cents at New York.
Western receipts are l,50S, 37G bushels
against 2.545, 700 last year, and exports
only ,,0l3, 900 bushels against 1895, 1874
last year showing that even at current
prices. the grain is not largely wanted
abroad. Corn was a cent stronger with
western receipts . 1878, 500 bushels against
1853 1923 bushels last year. Cotton re-
ceipts from plantations are again larger
than last year TO the disgust of prophets
who have toretold Of perpendicular
drops ever since Jan. 1 The termina-
ton Of the rebellion in Brazil opens a
new crop Of coffee which is reported
very large, but prices are as yet steady.
Cattle are low abroad at almost beyond
~precedents. The exports are retarded.
Failures for the week ending March Is
involved liabilities of only 81, 55s, Sl8, and
for the two weeks of March only $3.50.
40, of which $2, 020, 257 were of manu-
featuring and g 800 ,069 of trading con-
Germs. Some deferred reports will fur
Their swell the aggregate, but at San
Francisco the assumptions reported now
exceed the failures. A number of rail-
road receiverships are noticed, though
none of importance. The failures this
week number 22i in the United States,
against 2li last year, and % in Canada,
against 20 last year. 1t is noteworthy
hat Canadian failures are considerably
increasing.