The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-04-21
THE STATE OF TRADE.
r. q. Dun Il Co.'S Regular Weekly Re-
view OF the Commercial World.


view OF the Commercial World.
Nrw YoRK, April Or. q. Dun & Co.,
in their weekly trade review, say: There
are higher prices in speculation, but the
business outlook IL distinctly less favor.
able. Stocks are stronger and breadstuns
rising with oil and provisions. But pur,
chases for consumption are so restricted
that almost every important branch oI
manufacture feels the check and the vol.
ume of business recorded IN bank clcarings
outside Of New York is smaller by pei
per cent. than at the same last year, with
decline of over p per cent. ut New York.
Prices Of manufactured products and the
chief materials tend downward, 20 that IN
spite OF q material advance in speculative
prices since january and in vegetables,
the average OF all prices is shade lower
than at the opening Oi the year.
Reports Of injury tu wheat evidence that
the backward spring has limited sowing,
aud the belief that the death OF the Ger.
man Emperor will lead Ia war, all innu.
Cncc the hrcads,ulls market 10 higher
prices Wheat has risen 3 cents, corn
cents, pork 30 cents per barrel, and lard
nearly cent, hogs - ccnlppor 100 pounds,
and oil cents. Crushed sugar has been
advanced quarter Weaker prices foi
wool especially Tor the grades most largely
consumed, indicate no improvement IN
the manufacture; cotton Il weak In lone
although unchanged in price, with print
| cloths selling at only ~ cents. Leather i,
not stronger aud break in price OF boot.
with dragging trade. aud especial dull
ness IN womcn's shoes, indicate that thi,
| branch Of manufacture, 80 long more hope
iul than almost any other, at last feels th,
shrinkage ia consumption.
The iron trade docs not change matC
rally. sales Of steel rails Tor this yoarhny,
been GjS, SIS tons, against ,lDl, ISL at thI
same date last year, and weaker prices al
the west are reported, though not here
Another of the largest trades * affected u,
the weakness in meats. Coffee II lowcI
because uf shrinking demand. The tc.
market is unsatisfactory, but the market
for dairy products Is In better shape.
Reports from the interior points, will
ecarcly ancNCop,ion, represent the meme
market as fairly or fully supplied, ihoug
a brink demand is noted ut Detroit, Mi
waukrc AID nonycr. Al these points. ail
nearly all others reporting, ihcr u NOR
or lers complaint OF tarly collections, bu
IN this inspect Improvement Is noted q
Kansas CITY and Omaha. At about hal
the cities reported better volume Of trad'
Il observed, incident to improvement il
the weather, and heavy grain shipment
eastward are clearing away the accudula
ton during the strikes, but shrinkagc in The
exchanges at Boston, Providence, Phila
dclpha, Baltimore, Cincinnati, Louisville
| Milwaukee, Kansas City, st. Paul, Mime
apolis aud Omaha arc not balanced bl
modruic giins whore speculation ha
been heavy, as at Chicago, st. Louis an,
Pilisbnrg. The stock market has bccr
strong. and has advanced an average %
nearly ~ pvr shar, With the govern
mcnis offer to purchase bonds, the uncrr
tain outlook In Europe, ioo. aud the grraI
success OF British rciunding ~ the mos
prominent factors
Tho business failures during the las
seven days number, for the United States
Ia, and lor Canada ~, or total of ln5
~ compared with a22 last week and ~
for the corresponding week 0i 1881.