New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1901-01-30
DEALS ARE HEAVY.
Good Business Reported in All Lines
OF Trade-Retter Prices in
Some Instances.

New York, Jan. PSF. G. Dun & Co.'S
Weekly Review of Trade says: Rarely
has there been more business in staples
and in manufactured goods at practical
~ unchanged prices than during the pc
Rod since November l. This week seems
to have marked the climax of enormous
dealings at figures which have become
familiar. The heavy trade in pig iroa
at better prices, the larger distribution of
dry goods at a frmer range of quota
tons and the rush to secure prompt de-
livery Of boots and shoes all indicate
that business may have escaped one of
those weary establishments of prices
which have proved often SO trying in
recent years. Jobbng trade in the in
terror is good and collections continue
excellent. Bank clearings at New York
gain 81 per cent. over 1900 and 1.3 per
cent. over 1899 for the week, while at
leading cities outside New York there is
gain of SO per cent over 1900 and 3.4
per cent over 1899. Railroad earnings
thus far reported for January show
gain OF ia per cent. over last year and
| 246 per cent. over 1899.
Staple products have moved within
narrow limits, little attention being given
10 widely varying estimates from Argen-
tina or reports of damage in the north
/! west through insufficient snow. Despite
the advance in prices over those prevail
ing year ago, exports of wheat, includ-
| ing flour, from Atlantic ports for the
week were 2,56S.s1S bushels, against 1,644,-
l49 last year, and of corn 3,472, 614 bushels.
| against 1907, 607 in 1900. Western receipts
! of corn were heavy, amounting to 4,315,-
| $50 bushels, against 2,911, 025 last year.
| but there is complaint Of poor quality.
Failures for the week We're BOG in the
| United States, against 231 last year, and
| 46 in Canada. against IS last year.
Bradstreet'S says: despite some ir-
| Irregularities in reports from different sec
| lions and industries, trade as a whole is
| of satisfactory volume for this time of
| year. Relatively the best reports come
! from the Pacific coast, the south and the
| southwest, where spring demand is open
| ing up we'll. Unsea sonable weather IN
some sections, notably the east, has been
a bar to activity Isl retail trade, but
taken as a whole the trade situation has
many points of strength. Special activ-
ity has been noted in some branches of
the iron trade, and sentiment has been
on the whole helped by a clearer view of
the possibilities contained in the recent
war talk. The quieting down of bust
ness abroad naturally points to some
diminution of our export trade in the
cruder forms Of iron and steel, copper
and lumber, but for finished products of
these and other staples the outlook is
declared to be still satisfactory. Specu-
lation is limited in nearly all lines of
produce and in stocks, and it is probable
that clearings returns at present give a
clearer idea of actual business than for
three months past. Prices show few i'm
portant changes, the cereals being slight
ly higher, while hog products and coffee
are lower, with dairy products weak. The
general range of other values is on the
whole steady, although some shading in
the higher grades of wool has occurred"