Evening capital. (Annapolis, Md.) 1884-1910, 1889-05-18
Dun S TRADE REVIEW
Trade Is Sluggish Notwithstand-
ing Promising Crop Prospects.
sLIaHT nPROvEMENT = COAL.

Rosy Hued Prospects In the Great North
west-The Reduccd Prices in IRON Fail
10 Eneet an Improvement in the Vol
nmo Of Busineas--w wheat and Corn Co
Inc Lower
NEW York, May ls.-R. g. Dun &
Co.'S weekly review of trade says: BUSH
ness reports this week are rather less en-
couraging in spite Of most satisfactory
crop prospects at the west and the en-
couragement thereby given to all
branches Of trade. The actual transac-
tions at present appear to be o little
larger than last year at the same date,
but the depression in some important
branches Is more seriously felt. Thus
the accounts from the iron manufacture
ing regions are not encouraging, and the
report of ten failures during the week
at Lynn is an unfavorable sign.
Business Fair in the bounding West.
At Omaha great Improvement in crop
prospects aud activity in building are re-
ported, with money plentiful at lower
rates. and at St. Paul no change in the
favorable prospect, but at Kansas City
trade and collections are only fairly sat
isfactory. At Milwaukee unpropitious
weather affects the outlook and collec-
tions are not improved. At Detroit
trade and collections are ssabout fair;"
money easy, with moderate demand.
At Cleveland, while trade is little
larger than at this time last year, and
money il in active demand, the uncer-
tainties of the iron manufacture affect
the prospects.
Decrease IN the Iron Output.
Al decrease Of about / 900 tons weekly
occurred during April IN the output of
charcoal iron furnaces, and the reduction
IN eastern prices has not yet improved
the situation. Southern and western
iron is still crowded upon the market,
the attempt 10 establish better prices for
rails resulted in nothing, and the market
for bar iron IS low and unsatisfactory.
The window glass trade IL better, with
factories all ii operation.
wheat Going Lower
Rains ia the northwest and continued
Improvement In crop prospects have
been more potent in the wheat market
than some increase in exports, and the
price here has fallen &c. to SIC. Corn
il also zc. lower and oats &c. Sales have
been comparatively light. With prices
lower at Liverpool cotton has made no
further advance. though exports con-
tinued large for the season and receipts
falling off.
Wool Is Dull.
Wool Is dull, buyers only purchasing
according to immediate necessities, and
there IS much complaint among weavers
a1ld clothing dealers Of slow collections.
In fact the clothing business throughout
the country and the dry goods business
AS respects heavy goods are still much
influenced by the unfavorable results of
the Inst open winter. The same lnfiu-
once still affects the coal trade, in which,
however, there Is claimed to be some im-
provement.
Railroad Properties Unimproved.
The general condition Of railroad pro-
perties does not appear to have improved.
Money is not lacking, while foreign ex-
change Is shade lower. The exports of
principal products for April show an in
crease of q per cent over last year,
which, taken in connection with the
small increase in imports in New York,
points u probable excess of imports
over exports not half as great as the ex-
cess last year, which was nearly $t2,-
100000.
Fewer Failures.
The failures during seven days: United
States, I'll; Canada, 30; total, 252, as
compared with 227 last week. For the
corresponding week Of last year the total
was $50.