Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1899-04-08
SITUATION IN TRADE.
business Somewhat Quieter..-IfalL
Ing On in Failures.

u8 vi III uIiUEce
New York. April 1.-R. G.. Dun q Co.
In their Weekly Review Of Trade, say:
Failures during the first quarter of 1S9.
nave peen In amount Of liabilities not
more than about s26, $50, 800, against $31.
1d0.!42 last year, $4S, 007. $40 In 1887 and ST.!
Szo,l25 In 1896. While the later returns
may Increase the amount for the quarter
the complete returns. which will be given
next week. VII! be very remarkable in
comparison with those OF any previous
year.
Business Is not at present improving
Ihere has been something very like a
eneck, partly the result Of heavy buying
partly caused by the uncertainty about
the operation of many combinations and
a shade OF doubt about foreign affairs
OF the clearing house banks at New York
ABOUT taxation Of country checks causes
some shifting of accounts.
"A period or transition from one owner
ment to another and from one industrial
system TO another. where IL affects many
hundreds OF establishments throughout
me country. inevitably causes some hest
hundred establishments may be doing
more business h ever, as they were
lust before combinations were effected
But at the point OF transition nobody
much withdrawal of iron business, be-
cause continuance OF high prices is
Quite because great purchases made
6y many works have not been met by or
uers and because works affected by many
other combinations proposed are not in
ciined to buy more largely.
rrlees are strongly maintained at $l5.l5
f for se T. pig at Pittsbnrg; Grey
quoted 81 higher at Chicago and Pitts
burg, and the sale OF go, 900 tons Of steel
pliiets to the tin plate company sets prices
Tor lOO-pound plate s4.05 after July /.
Structural darnand ipnraaaac hnt ha n
mills at the west and south are CONSOLE
dating and are not disposed TO take large
contracts. For plates the demand far ex-
tubes and other products expected CON,
solidation affects business. Minor metals
are stronger for tin at 24c, with consuming
uemand, and for copper at 17.5c, owing
10 d speculation.
more evidence appears that the wooden
manufacture Is not helped as yet by new
combinations or prospect of them and the
buying demand has been disappointing In
many ways. though in dress goods active.
three chief markets In four weeks, against
seIi,eOO pounds last year. when prices
were held at the top. Prices are said to
be quiet for Ohio Xxx at 26c.
The boot n shoe business is again
lalting before differences between buyers
and sellers as to prices.
Ihe fluctuations of the wheat market
have been large and tend on the whole
atlantic ports. flour included. rave been
for four weeks. 1853, 5l2 bushels, against
9~,3s2,495 last year; and Pacific, 1865, 6S7
bushels, against :, 774.1 / and the other ex-
ports not given last year make the total
iI,3l7,OS bushels. Western receipts have
been 12,s4s, Sl5 bushels, against 1865, 1873 last
year.
Railroad earnings for three weeks OF
March have been Al per cent. larger than
last year and 9.8 per cent. larger than in
1872; Failures for the week have been 1874
In the United States, against 220 last year,
and 26 in Canada. against ~ last wear.