Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1900-04-14
WEEKLY TRADE REVIEW.
business Has Been Good.--An An.
aEyats ~ sta EaiIures

business Has Been Good.--An An.
aIysis OF the Failures.
New York, April Or. G. u d
Co.'s Weekly Review Of Trade says:
Only twice in twenty-five years
would such failures as those of the
first quarter of 1900 have seemed large
compared with last year and 1898. The
amount of liabilities, $j6,677, 055, in
cludes $21, 16i 900 for the United States
Flour Milling company, and $3,492, ASP
for sixteen banks and other financial
corporations, leaving 2,so4 commercial
failures, with $33,022,572 liabilities.
Actual defaults in manufacturing are
smaller than in the first quarter of
any other year except 1893 since clas-
sified failures began, az are trading
liabilities, and while Massachusetts,
and New England failures have been
larger than In the first quarter OF any
other year since 1894 reports from
other states and sections are mainly
smaller than i'm other years, excepting
the last. In the southern and Pacific
states the failures were smaller than
in the same quarter of any other year.
IL is to exceptional and not to general
conditions that any increase is due.
Quarterly reviews show that out
side the immediate effects OF stock
speculation and industrial consolida-
tions, the volume OF business has been
larger this year than q year ago.
Many of the usual spring demands
for higher wages have been granted,
or In part granted by compromise, so
hat no more than the usual h~indrance
from that source now seems probable.
But some Of the disputes threaten to
last for some months.
A little increase. In foreign exports OF
wheat from AdRtic ports. -four In
claded, 2.26s. 622 bushels. against 2.074.76o
bushels last year, served az occasion for
a little rise. but the gain was lost later,
and the week closes unchanged. Pacific
exports were 1,025, 1875 bushels. against &c.,
sIe bushels last year corn exports; S'SSo,,
year. for the week showed not much
greater gain, while receipts were over a
million bushels larger than last year. but
the price, rose ~ cents. While supplies,
remaining are comparatively small,
changes In movement affect prices muchJ
This fact rather than any change In po-.
sition or prospects must account for the,
fall OF cotton to 9.66 cents, and its later
rise to 9.75 cents, with Insignificant,
change I'm options.
No change has come In cotton goods
''HNs
are hindered. Business In woolens IL also
bomewhat unsatisfactory, with cancella-
lions comparatively numerous, and orders
smaller than were expected.
The sinking I'm prices OF wool continues
from " cent to a cent more, having been
conceded this week to effect sales OF con-
siderable blocks, but sales for the week
at the three chief markets have been only
1888. 600 pounds, and the absence OF man
ufacturers from dealings still has It's nat
ural effect. The rise In sole leather has
helped manufacturers OF boots and shoes
to hold prices, but not to get more orders,
which are much smaller than I'm previous
years. The steel sheet consolidation, with
President McMurtry, Of the Apollo works,
Mt the head, promises great importance.
II this, the tin plate, hoop and National
steel works maxi alliance with the Car
negie Company AS Is reported. the whole
Industry will sooner or later be affected.
For the present no change appears In
prices OF pig and only slightly more yield
Ing In plates and bars to secure more
business. But many new contracts are re-
ported, including one purchase OF rails
for export, and the situation Is generally
more hopeful.
Changes In minor metals are not i'm
portant, though copper grows steadily
stronger. The output OF coke continues
much the largest ever known.
Failures for the week are l59 In the
United States, AZ compared with l4l last
year and % in Canada. against IL last
year.