St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-09-29
Co.'s weekly review OF trade. which is

Co.'s weekly review ot trade. which is
sues t9mmerow, will say:
Special inquiry has been made this
week at all commercial centers regard
ing The state of retail trade. Wide d.
versity appears in different trades. The
main facts disclosed are, first. marked
improvement within the past month
and a considerable excess over the bust
ness done a year ugO particularly in
the accessories OF life: Bit. second, it
appears that the volume of trade at
present is on the whole considerably
less than In a normal year at most
points, and in the more important
trades is apparently 20 per cent smaller
than in September, 1892.
Evidence OF continued improvement
In wholesale trade and manufacture
does not appear this week. There is
large distribution on orders given some
lime ago, but new businp SIS going TO the
manufacturers Is everywhere slacken-
ing. The completion of orders for
repleniShment OF stocks leaves a mar
over demand. ana il is yet too early
for consumption to provide further
orders. s'
The depression in prices of farm prod.
ucts will have some influence. I'm
~precedentcd records have been made
III cotton and wheat, though as to wheat
only contracts for future delivery, in
which the prices are the lowest ever
made. The available stocks are about
$4,000, 900 bushels greater titan a year ago
and Western receipts for the week were
5,252, TIC bushels against 6,l9l. 034 last
year and since August LIST 5 l,000. 900
bushels, against $1,000, 600 last year.
The Atlantic exports for the week and
since Aug. l have been about a third
smaller than last year.. but the fall in
prices during the week has been LIS
cents. Cotton on the spot is lower, at
& Al cents, than at amy other time since
lS49, and quotations then did not mean
what they do now, while the near
est option has been quoted at GOA cents.
which is below all previous records.
Even at the close the fall for the week
Is oue-quarter. An estimate of 5000, 900
bales minimum this year has in
t1uenced the market, but would
receive less attention if stocks in sight
were rot heavy, while all agree
that this crop is likely to exceed the
worlds requirements of American cot
ton. 1t Is encouraging that the specu-
latIOn i'll corn has broken, and the price
has fallen sc, less gloomy estimates
than those of The department having
gained general acceptance. 1t is now
supposed that the yield Is not far from
1900, 600, 900 bushels, which will compel
much economy in feeding, but specu-
latlon in pork has also broken, and the
price has fallen 75c, while lard has de-
clined l2c.
The iron industry shows a shrinkage.
of demand. and the prices quoted today
are but little above the lowest this year.
Bessemer pig is weaker at Pittsburg,
with all impression that excess of pro-
duction must cause further decline un-
less lower prices are made for steel
rail. Billets, structural forms and nails
are a shade weaker, and in Eastern
markets competition of works To get
business tends to destroy profits. There
is more business at the West, and Chi
cage reports good demand for sheets. for
bar in small lots and for pig. though
plates and boiler tubes are weaker. The
boot and shoe manufactures continue TO
lead all others in comparative activity.
and shipments from Boston for the
month have been 333. O97 cases. against
222. 62S last year, and 32S, log IN 1892.
Failures are few and small for the
week, liabilities amounting 10 5,27S, 2S5,
of which 81. 3S2. 3l3 were of manufaclur-
ing and S2,575, ll2 of trading concerns.
The failures during the week have been
235 in the United States against 334 last
year and tifty-tive in Canada. against
thirtY.three last year.