Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1901-07-20
MIDs UMMER LULL.
Business In the Northwest IL Unusually
Active for the Season.

Active for the season.
New York, July 15.-Bradstreet's
says
Varying commercial and Industrial
conditions make 1t difficult to strike in
q sentence the keynote Of general trade
for the week. In the east business APP
pears to be of a midsummer character.
while in the southwest conditions have
been adversely affected by drought and
hot weather reports, which superin-
duced a tendency or the part OF many
to cancel orders previously given. In
the northwest, on the contrary, bust
ness seems to be quite active as The re-
suit of excellent crop conditions, and
credit is reported being freely granted.
but in the middle west the tenor or
trade is apparently steady, while In the
south ordinary conditions are noted.
But of the week the important develop
ments seem to rave been the rampant
speculation in corn and oats due TO re-
ports of exceedingly heavy amage In
the Missouri valley belt, the
ness Of the stock market n a some
what troubled railway rate SITUATION,
together with a more favorable feeling
in labor circles.
The crop reports to the agricultural
department point to q reduction OF
400, 900 acres In corn, or 8 per cent from
the area planted last year, with q
lowered condition as compared with
July a year ago, n as a result the sta
t~isticans are figuring on a crop or only
2,09S, 003, 900 bushels, which may be re-
garded as somewhat above the probable
yield If account be taken of the decline
IN conditions nc comma red with TIE Ay-
erage of the season last year. For the
wheat crop as q whole a total of 704,-
$50, 900 bushels Is figured out, also SEEM
ingly an estimate which may have to
be revised in the direction of a reduc-
ton. The wheat remaining In farm
er's hands is estimated at 81. DOC, 600
bushels, which Is less by 20, DOC. 900
bushels than on July l a year ago. The
oats crop shows a decline in condition
for the month Of June and as compared
with July l vast year, while barley
shows a slight gain for the month, but
q considerable advance as compared
with July l last year.
There is a firmer and better feeling
in the iron and steel market, though new
business booked Is of small volunme.
Structural material is active. Tin,
after soaring on speculative manipu-
lation, broke toward the end Of the
NOths do the lCSull VI Il NlIludl NOup
by the leading bull interest. Labor
troubles, so far as surface indications
go, are approaching an amicable ad-
justment, though one conference has
ended without much result.
In wool the situation shows improve
ment, but no speculation appears. Of
ferings Of staple lots are scarce. New
woods are being picked up, and values
are hardening, while fieeced woods are
ftnint md nTa tVnfpa 1tnV y, rrynn1a haN rn
appeared on the market and are selling
at firm prices. Carpet woods, on the
other hand, are inactive.
Gross railway earnings for the month
Of June, as reported to Bradstreet's,
aggregate 500, 5l0,4lS, as compared with
$50, JOY ,62l for June last year, an in
crease Of 6.S per cent. in favor Of the
month In the current year.
leather is active on domestic and
export demand, and so are hides and
skins. In shoes a fair line Of business
for prompt shipment is reported, but
f~orwardingS are below those Of last
week, owing to the holidays, amount
ing as they do to SO, ISL cases, against
l0l, 76l cases last week and S4,119 cases
for the week in 1900.
Neither dry goods nor cotton goods
are as active as last week. the holidays
affecting business, but the undertone
- OAAN NAAS NooN VI IA IN
more OF a factor in determining prices
of finished goods.
Corn n oats, as was to be expect
ed, showed the heaviest gains for the
week at the outset, though wheat,
which was weak at the outset, was
firm toward the close on heavy buying
orders and in sympathy with corn.
Reasons for the advance in corn are
obvious. The July crop report of the
government made the condition S1.3
per cent, the lowest for a number of
years back, while a reduction of the
acreage planted, as compared with last
year, was indicated In the returns.
Hogs were active throughout the week
on scarcity Of supplies, and pork Is
unchanged at the close, though at one
time ii advanced in sympathy with
hogs and the activity IN corn. In cot
ton the market was irregular and pro-
fessional, the tendency being to wait
until conditions became better or
worse. Texas meteorological conditions
played an important part in bringing
about price changes, which were lower
on the week.
Wheat, including flour, shipments for
the week aggregate Sole, 149 bushels,
against 3,7S7, $50 bushels last week and
2,S29, $40 bushels in the corresponding
week of 1900. Corn exports for the
week aggregate $500, 1913 bushels,
against 2,240, 923 bushels last week and
4,022, 06S bushels in this week a year
ago.
Business failures In the United States
for the week were 1879, as against las
last week and POI this week a year ago.