Griggs courier. (Cooperstown, Griggs Co., Dak. [N.D.]) 1885-1902, 1899-03-23
VOLUME Of TRADE large.
Activity In All Lines Of Business Il
Reported from All Portions
Il the Country.
MERCHANDISE EXPORTS LEAD IMPORTS.
Payne.ts Through the Clearing
Houses Are Imnense National
Prosperity Rests ON Solid Pounds
ttons-ExpoFts Exceed Imports-
Activity In J0bbing Lines.

New York, March 1S.-R. G. Dun & Co.'S
Weekly Review Of Trade says: I'm bust
ness, this year cannot be compared with any
other. 1t can be said that payments
through the principal clearing houses for
the past week have been 57.4 per cent.
greater than in 1892 and $50 per cent great
er than in 1888. but that exaggerates the
gain In some branches Of business. while
In others It falls far short Of the gain.
Thus the February exports of manufac-
tured products have about doubled since
1892 Omitting New York clearings. where
speculation in stocks is most active, pay
ments through the other principal clear
ing houses for the same week show increase
OF S.6 per cent. over 1892. and I'll per cent.
over last year. But without regard to such
details all realize that the volume of bust
ness in most branches is the greatest ever
known.
Solid Foundations.
solid foundations. The exports of bread
stutfs, provisions, cotton and oil in Feb
ruary showed a decrease of $6.O00,000, but
other exports, mainly manufactured, were
$36. 4O6.943 in value against 81. 275.3 1856 last
year, and were sufficiently large to cover
GO per cent. Of the entire imports The
merchandise exports exceeded imports for
the month $2s,6A,117. the gold supply in
creasing, and there appears no occasion for
monetary disturbance. The treasury re-
corded it's first payment of the 35s,0Q8;000
for the Central Pacific railroad, having
Pacific and over 100000 for the Kansas
Pacific.
Iron Products.
Swiftly rising quotations for iron and
its products would mislead If 1t were not
kept in mind that more than nine-tenths OF
and will be until July or later. in the exc
cution of orders taken months ago at low
prices. II million tons of products go out
this month. 100000 at such prices as SIS to
80 for steel rails. at which the entire out
put Of the Illinois Steel company for this
dictates the true character Of the iron bust-
ness that less than 100. 900 tons are going out
at such prices as SIS to SIS per ton for steel
rails made here for small lots this week.
Belated buyers now have to pay fancy
prices to get orders accepted at ALL With
drawal or postponement of business be-
cause Of high prices begins to be sig
nificant feature, and much foreign business
Is evidently lost.
Failures for the week have been 1S9 in
the United States. against 20S last year, and
30 in Canada. against q last year,
BradstFeet's Review.
Bradstreet's says: "An activity which in
some directions represents the continuance
of pre-existing conditions and in others re-
the near approach Of spring forms the lead
ing note of this weeks trade advices. In
the iron and steel industries activity con-
tinues undated. the upward tendency OF
prices being strikingly maintained and the
eagerness OF consumers to take the product
remaining unchanged. The more springlike
weather has induced q greater keenness in
the demand for seasonable goods and from
most sections Of the country come reports
of a marked activity in tobbing lines having