The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1881-06-22
COMMERCE AND O
Weekly Review Of the Condition of BUSH
ness and the CropsHA Fair showing of

Weekly Review OF the Condition OF busi-
ness and the Crops-A Fair Showing of
Trade.
New York, June 1.-THE volume Of
trade continues extraordinarily large for the
season, and in spite Of the depressing effect
of bad weather. Dry goods-fhe merchan-
disc moved from first hands has been con-
siderable, and at fair prices, but general job
bling business is pretty we'll over for the sea
son, and city jobbers are buying but very
few goods now. The late movement in
merchandise has been generally to Westerly
houses. The sale for hats has not been very
large and manufacturers, asrule, bayen0thad
their stocks prepared so early as anticipated.
in trade generally this year the demand Is
for a better quality of hats b formerly.
The leather trade the past week has been
quiet, although prices are well sustained,
and dealers still think the demand for fall
trade will be good. In American pig iron
the market keeps very dull. Those most in
terested claim there has been considerable
inquiry, but there have not been large
transactions. In Scotch pig there
is little or nothing doing. Business
in manufactured iron is fair, and the
general tone has undergone no material
change. Holders do not seem very hopeful
for the future. In produce circles a fair
Business has been done, with considerable
activity in some lines. Cotton huctuated
somewhat, but the range has not been wide.
Grain has been active, with high prices for
wheat in the errly part of the week, with
subsequent decline and closing weak. Corn
and oats barely steady. Provisions, with
the exception OF hog products, are without
material change. Lard is higher. but with
little business and no foreign de-
mand. Wool inactive, but with
a better feeling in trade. Prices in
the country is relatively higher than in
seabOard markets; freights are dull and
dropping. In lumber there is a fair de-
mand to sustain prices; stock is not heavy
and choice lots sold ahead of arrivals. Mar
gins for profit have been fairly satisfactory
on the whole, but more especially in
hard woods, desirable shades being scarce,
owing to additional requirements for build
ing purposes and furniture. The hardware
trade is moderately active, but in most cases
orders are small and to fill immediate wants.
Some dealers. however, report quite a con-
siderable trade. Production continues large,
a few manufactures being behind with
their orders for some lines of goods. Con-
sidering everything, prices are well suS-
tanned. In teas the demand is more mod
crate, prices getting irregular, but a fair
trade is doing, and a good August trade is
looked for. The general stock is composed
of low grade teas. In eOffees Brazil grades
ruled strong, mainly on European account,
together with distributing demands. Job
bers complain of the disposition shown to
buy s~paringly for immediate wants. In raw
sugars the market is very strong, and hold
ers keep back stock for higher prices, which
leads ~refiners to buy sparingly and sufficient
for immediate demands. In the Eastern
and Middle States the business failures for
the last seven days aggregate but twenty-five
or thirty, most of them so trifing as to have
no significance. In New York especially
this is to be remarked, the six casualties
here being wholly in minor branches of
business, with but little money involved.
Some sixteen failures are reported in West
ern and Southern States, but none calling
for much remark. The disasters in the
South, while not important are still mnch
West.