Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1897-01-23
BETTER BUSINESS IN SIGHT
Steady But Gradual Improvement
In Trade.
Many Factories are ResumtnR Op.
crations---A Close Resemblance
20 she Conditions Before
n Revival OF 1870.


New York, Jan. 16.--R. @. Dun & Co.'s
Weekly Review of Trade says today:
The greatest growth and prosperity
the country had ever seen began sud
denly In 1879, after several months or
disappointment because specie resump-
.,on had not yet brought the DEMENT'S
expected. 1t is not the largest most
powerful vessel that can be started most
quickly, and II takes time for new con-
rdence to reach through easier money
markets. large orders, resuming mills,
expanding employment and larger dis
tribution TO the results which make stiH
greater and lasting gain possible. Such
gradual and steady Improvement has
been In progress for more than TWO
months.
The output Of pig iron has gained 1913
per cent In December and 4l.6 per cent
since October /. The output OF coke has
increased 1877 per cent since OCTOBER J.
Sales OF wool have again become large,
though not yet fully reported. 0
markets feel a steady increase In de-
mand for commercial and MANUFACTURE
ing loans. Additional works have gone
Into operation each week In anuary,
and the working force Is larger than az
any other time for six months BEST Oh
all. there Is so little crazy excitement
that the gain may be ascribed to the de-
llberate judgment OF the ablest ana
most pTIdc.a@NukrrbH BUSINESS. TS fter
a time of high Prices. Man VINO are
anxious 10 get early hold on the market
are making for the moment lower prices
than they could AFFORD to maintain.
Some have secured orders enough Tor
months TO come and begin to be less
keen In competition. With the Increase
In output OF pig iron TO 1890 tons
weekly, against l42. 27S last month, the
price Is a shade lower at the east ana
Chicago, but heavy purchases already
have advanced Bessemer a shade at
Pittsburg. Steel bars have been re-
duced and some other f%pnished prod
ucts have been reduced, but the demand
on the whole is steadily growing. The
coke output has risen from 10000 to s4'-
342 tons weekly and minor metals are a
shade stronger.
Textile manufacturers are not en-
couraged by the deman for goods,
which scarcely increases, though more
print cloths were sold than Tor many
weeks. But some mode OF clearing
away the enormous surplus has become
a necessity. Lower prices are expected
In goods, and slow buying Is not un-
natural since cotton has fallen 1873 per
cent from September /; print cloths, Z
per cent; bleached goods, 3h TO 5lz. and
brown goods 21k, 3 and 4 per cent.
Though wooden goods do not improve.
there have been enormous purchases or
wool by large mills, not in h records,
which cover for two weeks OF January
| LILO, 300 pounds at the three chief mar
kets. against II 1917 900 last year. and TO-
67s, s15 in 1895. Some large purchases or
leather. including 10000 sides OF grain,
indicate that some shoe manufacturers
are seeing their way to more active
work and shipments from the east In
January thus far are 20 per cent larger
than last year. Hides at Chicago are
2k per cent lower,
The wheat market has varied but
slightly, closing Nc lower. Western re-
ceipts for the week, 1906. 032 bushels.
against 2,9l6. 274 bushels last year, are
checked by storms and by current
| prices In view OF farmers expectations.
Atlantic exports were ASS, 40S bushels.
four included as wheat. n for two
weeks, 3,4s4, 3l7 bushels, against Ass, 1870
last year. December exports We're TO-
$50, 5l9 bushels. Atlantic, -four included.
q gain of 2,70l, 900, N 5.ll2. 0ls, Pacific.
a rain OF 1857 900 bushels. Traders be-
gin to realize that enormous exports or
corn are taking h place Of wheat In
foreign consumption, and will lessen
the demand IL wheat becomes dearer.
Corn took q rise of hc or a raiders es-
innate, without change In conditions.
Failures for the week have been 455
in the United States. against 1896 last
year, and II In Canada, against 81 last
year.
The aggregate OF gross earnings Of all
railroads In the United States reporting
for the first week OF January Is A,ll5,-
OH. a loss OF 80 per cent. compared with
the corresponding week last year. For
December more complete returns for
the month show gross earnings OF $685.
$50, 9l2 for the United States roads, O.
loss Of 2.S per cent. compared with De-
cember. 1895.
Rradstreetss nevieg.