Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1897-01-30
TRADE IS NOW INCREASING
Volume of Business Better But
Prices are Stationary.
Money Conditions r Favorable.
All approximations OF Finan.
cial Disturbances Have
Passed Away.

New York, Jan. 23.-R. G.. Dun e.
CO.'S Weekly Review or Trade says to-
lay:
There is more business, though not at
better prices. 1t Is interesting hat al
most all prices which change at all are
over than a week ago, and yet bust
ness Is unquestionably larger. There
3 larger production. but at yet not as
much increase in consumption, and
there is larger buying OF materials, but
At present only because better prices
are expected in the future. A few con
%'picuous failures during the week have
nad no material influence. The market
for securities Is slightly stronger, and
yet there Is very little doing. The num-
Der OF hands employed, all industries
considered, is slightly larger than a
week ago, without adverse change In
the rate Of wages. All apprehension Of
foreign disturbances of one markets
has passed away, but there Is still great
caution in making loans. 1t Is a mistake
so reckon these as symptoms Of depres.
sion. On the contrary, In spite OF the
lower range of prices in important In.
dustries, the conditions all indicate
larger production and a consumption
increasing, not as yet largely, but stead
;ly.
Wheat, corn and cotton exports sr%
the key of the financial situation anc
during the past week wheat has de-
cllned y Of a cent and corn rs Of a cent,
while cotton is unchanged. The western
receipts Of wheat are still small, 58l 900
bushels less than a year ago, and for
three weeks OF January, 4,5l9, 719 bush
lis, against 1866, 100 last year, but the
Atlantic exports. -four included, were
1874, 7l5 bushels for the week, against
1866, 457 last year and In three weeks OF
January have been 5,0ie,G3z bushels,
against 6,S49, 64S last year.
The price has declined for corn also,
although everybody knows that the
heavy exports mean relatively more
than the exports of wheat. Cotton Is
unchanged after an eighth decline. Inc
wooden industry Is as Low as ever ana
10 real Improvement appears In the de-
mand for goods, although owing To the
latencss of the season there Is q ltlle
more doing. both in spring and winter
GOODS, without quotable change III
prices. The heavy buying of o men
lcned last week has continued. Quota
ions have not changed as Yet, although
western holders are quite stin.
In the minor metals a stronger tone
$ general with an output Of about
1919 tons In the United states and -
50 in other countries. which Is larger
han in any other month since July IN
cher countries, and except In October,
arger than in any other month since
iarch last I'm The United states. copper
\ slightly stronger at T. cents. Lead
.as improved a little with $3.O1l3 asked
md tin Is steady at 13.N cents, with a
tronger market at London. The iron
industry ia engaged in settling relative
,rIces, and the slow operation retards
BUSINESS since the future of prices ~
%ncertain. Bcsscmer pig Is a tribe low
r at $12.40 at Pittsburg, and gray forge
$40. though no further decline mas
ccurred in eastern markets or at chi
ago. But the competition OF new con-
erns tempted to manufacture nalls by
he high prices recently maintained
aused slightly lower sales of wire nalls
{ $l,35 and Of cut nails at $l,25. Inc
Increase in manufacturing Is perhaps
1ore definitely shown Than in any 9TH
+ way by the production of coke, which
teadily increases, 9.Sl7 ovens being In
last. against S,l73 idle. and the out
nut for the week, 10O,SS6 n Is over
,ouble the output of october /.
Failures for the week have been 400
n the United States. against 1913 last
ear and s. in Canada against GIL las
ear.
The aggregate of gross earnings OF
III railroads in the United States re-
PORTING for the first half of January Is
$751; 24, a decrease OF A per cent