The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-04-16
SOMEWHAT ABATED
TIE BUSINESS BOOM HALTED.
Pacific Mail and the Pacific RaIlways
Seeking an Adjustment-Jay Gould
Hands ResOIutiOn-UnIon
Pacific Notes, Etc.
Bradstreet,s Business Review.

New YORK, April l2.-Trade has been
favored during the week by very gen
orally better weather, except in the
regions west of and tributary TO ST.
Louis and Omaha, where it has been
cold. The reports to Bradstreers arc
almost uniformly based upon full in
qriry from the interior. At New York
the movement of dry goods has not been
as favorable as expected. At Boston IL
has been noticeably better than hereto
fore, although prices have been disan.
pointingly low. At Philadelphia there
has been fair movement Of drV gOOdq.
but or lers continue small. Tho dGpres.
sion in the New England printcloth
market has resulted in a proposition for
cnncerted stsppage OF the Fail River
mills Tor an equivalent offOur weeks be-
tween the present time aud July [, Ihe
plan includes running on part time or
complete stoppage, and IL is expocted
that other print mills throughout New
England will join in the movement.
one result telegraphed Brad
streets yesterday afternoon has been
the revival OF print-cloth quotations to
the Iull ngures quoted last Wcek-3Le.,
Plus 2 per cent. for CPS, and 2Ac. Tor
SO by COS. ''i
The apparent relief to the congestion
III the industrial world, motel IN the
surrender of the Western Penusvlvenia
employees, 5000 soft coal miners, who
demanded 3 cents instead of 2H centg
per bushel, has been offset by 1000 apri.
cultural implement strikers at CHICAGO
4OO quarrymen strikers at Joliet. Illinois
and various smaller strikes in iron and
building, lines at different points, aggre.
eating about 5000 workmen. The 1000
carpet strikers at PHILADELPHIA and nj
1onKers are still out as are the 1000
railway PIT miners in the Pittsburg dis.
trict. Furthermore, the Amalgamated
association of Iron and Steel workers
threaten to resist the demands of the
western Pennsylvania iron and steel
mlll owners for reduced wages 10 be
made June |. AS the latter base their
demand on the tact that the selling price
OF iron is far below the point at which
the existing rate of wages is fixed, thew
have a much better case than thew did
when making like demand on June |.
in 1888 or 1884.
In speculative lines in. all American
markets, except that for cotton, made
a noticeable advance on Thursday on
the receipt OF the news from London
ana st. Petersburg as to hostilities i'm
Asia Minor and the outlook for war,
Wheat had been advancing on con-
1rmed accounts of damage to the win
ter-sown crop. On Thursday, however,
IL jumped to &c. at bound and made a
clear gain OF &c. per bushel, reacting 20.
on heavy sales TO realize. On Friday
there was further liquidation OF 9 to
&C., with an advance later. The trans
actions on Thursday were beyond pre-
cedent IN amount and the excitement
on change was intense. The closing
price for No. red was 0653c., against
9Ohc. week ago. No. mixed corn was
strong and niger, closing ut 52l{c., as
compared with l9Lc. on April 3. Hog
products shared the excitement to n
more limited extent. Refined lard
closed at 1.5Oc. against 73ic, and mess
pork at $3.50 as compared with Sl3 q
week ago.
The influence Of declining stocks has
not been sufficient 10 sustain the price
of raw cottor, owing to the very bad
state Of the goods trade. The probable
ity of a foreign war has made matters
worse, and during the week middling
uplands at New York declined 10 II l-s
cents. There have been more frequent
sales Of wool, but prices remain at pro-
Vious low levels. Some idle woolen-
mill machinery has started up, but some
have been stopped.
Grocery staples have been quiet. SUI
gar is cas- or. Coffee weak, with. u re-
duced cousumptive demand, and toa is
lower Dsiry products arc quiet and in
buyers favor. Petroleum made hut d
slight advance in the face Of the pros
pectivo incoming of now wells.
There were Ia failures in the United
States during the past wOek, as COM
pared with 225 in the preceding week,
and with 1875, 1853 and Ill respectively In
tho corresponding weeks OF 1854, 1883
and lSs2. About 50 per cent. were those
of small traders, whose capital was less
than 5000. Canada had 20, an increase
of two