Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1902-09-13
REVIEW OF TRADE.
Earnings Of Railroads Were 3.6 Bette
Than Last Year.

Than Last Year
New York, Sept. S.-Bradstreets TO-
day says:
All available data confirm reports Oh
good trade and ~foreshadow as good
or better yet to come. Reports as TO
August trade have been almost uni
formly favorable, and the records OF
failures show the business mortality
to have been confined to a low summer
minimum. Prices show persistent
strength despite the fact that agricul-
tural products, except corn n prime
cattle. tend lower, owing to the grow
ing strength Of raw textiles and other
materials for manufacture. Corn Is
not yet out Of danger from frost In the
northern half of the belt, n this,
coupled with short supplies, imparts
strength to cereals generally. Reports
Of cotton crop deterioration caused by
hot, dry weather have scared shorts
and stiffened values of raw and manu-
featured cotton. but there Is a feeling
that the crop damage report has been
overdone.
Less disturbance is noticed In labor
matters, some strikes being declared
off. The anthracite trouble still hangs
over the situation, but the volume or
Goa shipments is slowly and steadily
increasing.
Jobbing activity is undiminished at
the west, northwest and southwest, and
is of satisfactory volume at the east.
Dry goods, shoes. millinery, drugs,
hardware, groceries, clothing and lum-
Der figure actively in the demand.
Travel Is Unprecedented.
but high hide price, discourage tan
ming. At the east the advance in cot
ton is stimulating the cotton goods
market. Eastern shoe factories are
well employed, although the complaint
OF small profits continues. Wool Is "
cent higher and tends upward, as
stocks are not large. Eastern railroads
pnd steamships report an unprecedent-
ed business resulting from returning
summer travel. The fuel shortage is
pressing on the iron furnaces and now
the scarcity of cars n motive power
Is affecting the movement Of ore from
lake ports to the Pittsburg district.
New demand for pig iron as well as
finished products is, however, light,
primarily because buyers have booked
largely ahead. Tin plates n wire
mills are quiet, but a better business is
looked for soon with the growth OF
full trade.
Wheat, including flour, exports for
the week ending September 4 aggregate
6,276, 299 bushels, against 5,436, $50 last
week, 4,406, 064 in this week last year,
and 1878, 100 in 1900.
Wheat exports since July l aggregate
A, 657 500 bushels, against 81 ,692, 662 last
season n 3O,317,S 51 in 1900.
Corn exports aggregate q 1876 bushels,
against 115. $50 bushels last week and
$50, $40 bushels last year, and 3,162,271
bushels in 1900. For the fiscal year eX-
ports are S39, S39 bushels, against TO-
743, 845 bushels last season and 35, 254, $50
in 1900.
Business failures for the week ending
September 4 numbe 1873, as against 40
last week, 169 in this week last year.
In Canada for the week IA, as against
90 last week.
Dun Reports Steady Progress.
New York, Sept. S.-R. G.. Dun q
Co.'s Weekly Review of Trade today
says:
Steady is reported in trade
and industry. Distribution Of merchan-
disc is heavy n a healthy tone Is evil
dent. Prices are well maintained by
liberal consumption, which more than
n~eutralizes the effect OF enlarged facil-
tiles for production. Domestic condi-
lions continue much better than those
existing abroad and nome trade re-
ceived more attention than foreign
commerce. Farm products nave appre-
ciated in value owing to less favorable
weather, n producers will be fully
compensated for any damage in guam
tity by the higher quotations. Earn
ings of railroads during August were
SO per cent larger thar a year z and
1879 per cent in excess Of 1900.
Better deliveries of coke and liberal
receipts Of foreign material have les
sened the pressure In the iron and steel
industry and the situation Is little less
congested, while quotations in a few
lines have weakened. Domestic de-
hands are not decreasing, much new
business having been placed and home
consumption will continue to call for
imports on a large scale. Each week
brings out new records of coke output,
the upper and lower Connellsville re-
gions together having surpassed 300, 600
tons and the holidays gave the railways
an opportunity to relieve the conges-
ton.
Serious Transportation Problem.
Unless rapid progress Is made before
the close of lake navigation, less than
two months hence, the situation will
become serious. New plans are being
added to the productive capacity as
rapidly as possible, but In railway
equipment especial orders are already
placed for much Of next year.
Quotations of footwear are fully
maintained at the recent advance.
Leather sells freely at the recent adj
vance in quotations, but hides are
quiet.
Agricultural conditions are less salts
factory and If the official estimate as
to cotton is not exaggerated the yield
will not be large enough to sustain
consumption at the present rate. Wheat
is coming forward freely, though re-
ceipts do not equal the abnormally
heavy movement Il ear ago. Corn
developed strength because of fears
thai injury would be lone by frost, and
the movement Is very slow compared