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

New York. Oct. 17.-R. q. Bun a. Co.'S
Weekly Review Of Trade today says:
The one commercial change which
more than any other insures better
business I'm the near future Is the ex-
cess OF merchandise exports over i'm
ports. In september exports were $751;
eys. 594 and imports only $50, S25, 705. and
the excess Of exports was $34, 212, $50, In
payment for which net imports of gold
were S34. 40. 1888. Last year the excess
Of merchandise Imports was $e.7ss,25!
In September and net exports OF gold
$40, 900. 55S. In the four principal classes
exports Increased 500, Sal ,i34, more than
half in cotton. In two weeks Of Octo-
Der the exports from New York have IN
creased 500 per cent. against 35.2 in
September. while imports have de-
creased "a per cent, against 35.2 In Sep
TENDER. Continued shipments ut gold
from Europe, not including $i,0o0.oOo
from Australia, now amount TO sS9,25o,-
900 since the movement began. of which
t52, go, 900 has already arrived and have
not been arrested by measures X by
the great European banks.
The heavy movement OF grain is the
conner stone. After an increase OF
81. 1923. 675 in exports OF breadstuffs In
September there have been shipped the
past week from Atlantic ports alone
2,l14.714 bushels. flour included, and
4,203. S45 in two weeks OF october,
against 3,510.271 bushels last year. An
important fact is that all available
....t. f,.i.ht haa haxn anUQOad for
months ahead here and oil the Pacific
coast. The minister OF agriculture In
India stated i'm council Thursday that
distress was expected In a large part or
India as the result OF drought, but inn
portatiohs of wheat from California
would help to prevent actual famine. A
high official OF Russia o In this coun-
try affirms accounts OF shortness In the
Russian yield. Thus estimates that Eu-
rope will fall I00,0 900, 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
10 expect a remarkable foreign demand.
Western receipts fall a little below last
years. and for tive weeks have been
a. 35. Ole bushels. against 1904, 4s3 last
NtdIs IltdA ~ olifo ~ ~
for the week and corn > cents.
Confidence as to the future makes
trouble in some industries. because
speculation In materials raises prices
SO hat demand for finished products is
checked. o and shoe manufacture
ers get very narrow orders at old prices,
or at an advance less thar one per cent
for the week and less than 6 per cent
from the lowest point. Similar difficult
ties threaten in the iron manufacture
for pig is higher. bessemer at $l1.50 and
grey forge at 1915 at Pittsburg. while
plates and beams are weaker.
Wool Is stronger with continued spec
ulauve buying and sales at eastern
markets have been IA $50, 800 pounds for
two weeks, against Il. s09. 200 last year
but consigned wool has been mostly
withdrawn until after the election. No
gain is at present possible in goods.
n though the numbe Of mills start
ing for the week IL fifteen against seven
stopping. much OF the work done as in
anticipa ton 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 at 2.56 cents. The
| manufacture OF minor metals also
drags, the domestic demsns@s-
copper Is moderate at 1915 cents for
lake. Lead IL a share weaker at 2.75s
and tinmakers are underselling foreign
10 to 20 cents per box. ,
Failures for the week AVE been 1923
I'm the United States, against 1853 last
year and 10 in Canada, against IS last
wear.