Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1896-10-24
TRADE IS MORE FAVORABLE
Exports for September Largely Ex-
ceeded the Imports.
The Balance IN Ous Favor $33,272,
$50, Pointing 20 . Remark
able Demand fos Our
Grain Abroad.

New York, Oct. FIR. q. Bun Il Cos
Weekly Review OF Trade today says:
The one commercial change which
more than any other insures better
business in the near future Is the ex-
cess OF merchandise exports over ina
ports. Ii September exports were $685.
0sS. 594 and imports only $50. $50, 705. and
the excess Of exports was sS4. 272, $50, In
payment for which net imports OF gold
were S34 249, 1888. Last year the excess
OF merchandise imports was ss.765,?57
In september and net exports of gold
SIG, 500, sos. In the four principal classes
exports increased 500. e41. l34, more han
half IN cotton. In two weeks Of octo-
her the exports from New York have In
creased 3O.6 per cent, against 35.2 In
September, while imports have de-
creased "a per cent. against 35.2 In sep
TENDER. Continued shipments OF gold
from Europe, not including ti,o00.ow
from Australia, now amour TO $50, $780,
900 since the movement began, of which
$50, $50. 900 has already arrived and have
not been arrested by measures taken by
the great European banks,
The heavy movement OF grain IS ne
corner stone. After an increase OF
So, 1923. $50 in exports of breadstufs LIT
September there have been shipped the
past week from Atlantic ports alone
2,1l4.774 bushels, fioIr included, and
4.203, Si5 in two weeks OF October.
against 3.5lO,271 bushels last year. An
important fact is that all available
grain freight has been engaged for
months ahead here and or the Pacific
coast. The minister OF agriculture In
India stated in council Thursday that
distress was expected I'm a large part OF
India as the result Of drought, but i'm
portations OF wheat from California
would help to prevent actual famine. A
high official OF Russia now In this coun-
try afirms accounts OF shortness In the
Russian yield. Thus estimates that Eu-
rope will fall 100, 900. 900 bushels short OF
last year in the supply OF wheat Is
strongly supported, and while depart
ment estimates OF yield in this country
are not credited. there is every reason
to expect a remarkable foreign demand.
Western receipts fan a little below last
years. and for two weeks have been
l4.235.01 bushels. against 15,0s+,4s3 last
year. Wheat has advanced Az cents
for the week and corn . rents.
Confidence as to the future makes
trouble in some industries, because
speculation in materials raises prices
so that demand for finished products is
checked. Boot and shoe manufactur-
Srs get very narrow orders at old prices,
or at an advance less han one per cent
for the week and less than 8 per cent
from the lowest point. Similar d.fficul-
ties threaten In the iron manufacture.
for pig is higher. bessemer at sfi. so and
grey forge at 1915 at Pittsburg. while
plates and beams are weaker.
Wool is stronger with continued spec.
ulative buying and sales at eastern
markets have been IA, 536, 800 pounds for
two weeks, against q. 209. 200 last year,
but consigned wool has been mostly
Withdrawn until after the election. No
gain is at present possible in goods.
and though the number OF mills start
ing for the week i. fifteen against seven
stopping, much Of the % one il in
anticipation OF a better demand than
now exists. The cotton manufacture
has also started more spindles, but the
demand for goods scarcely increases.
and print cloths sell It 2.56 cents. The
manufacture OF minor metals also
drags. though the domestic demand for
copper is moderate at 1915 cents for
lake. Lead Is a share weaker at 2.76,
and tinmakers are underselling foreign
10 To 20 cents per box.
Failures for the week have been 32s
in the United States, against 263 last
year and 40 in Canada, against as last
wear.