The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1889-04-11
WEEKLY TRADE REVIEW.

Statement of the General Trade of the
Country for the Last Seven Days.
New York, April 6.-R. G. Dunn q Co.'s
weekly review ottrade says:
Railroad earnings show an increase Of
about 10 per cent over last year for March.
So far as reports have been received trade
at interior points is dull or quiet in nearly
all cases, though at Cleveland it is fairly
satisfactory. At Atlanta it is satisfactory,
with the spring business we'll sustained.
At Omaha it is considered good. At
Kansas City it is improving, and at St.
Paul trade in dry goods and clothing is
very active. There is improvement as
Detroit, particularly in ship building, and
lumber is firmer.
The money markets are easy, and col.
lections have improved somewhat at Kan
sas City and Detroit, but have fallen off
at Atlanta.
Wool has declined for nearly all quail
ties, except New Mexico and Texas. The
average quotations are 24@28c. The out
look is favorable for good demand when
the new clip appears.
Depressing influences are felt in several
branches of the dry goods and clothing
trade, not the least being the accumula-
ton of stocks, which the open winter
left unsold. Raw cotton is 11So stronger.
In the iron market more pressure to
realize is seen here and at Philadelphia,
and southern iron is offered at 800 to 81
below corresponding northern grades.
Bar iron remains very dull and rails have
sold moderately without lifting of prices.
The allotment for the year has been in
creased 100000 tons.
In the coal market no improvement APP
pears. Sales of copper abroad have been
at about 941 per ton, with no news of
settlement between the syndicate and the
producers which causes stagnation here,
and, while coke is sold at 151 cents for
April, the quotation for July is only 1906
cents.
Oil has been a shade higher, but pork
is 90 cents lower. The pressure to sell
abroad and the fear of monetary troubles,
growing out of the Paris difficulty have
reduced the price of coffee cent.
The average prices of all commodities
have again declined over "a of per cent
for the week. The most important
change is the fall of ga cents in wheat.
Reports from growing and sowing regions
continue to foreshadow large yield
and the demand from abroad, though bet
ter since prices have fallen, is not large
enough to promise the clearing of the,
surplus stock on hand.
Corn advanced ~ cents, the export
demand continuing, and oats are a frac-
ton higher. Favorable crop prospects
strongly sustain the confidence of those
who look for improvement in all branches
of legitimate business.
The export business distinctly i'm
proves already, and for the past FIVE
weeks ths value shipped from this port
aggregates $34,070,000, against $3.50
600 for the same weeks last year. APP
prehension of a striDgency in the money
markets about April l has now
passed and heavy liquidation in securities
on foreign account causes as yet no such
withdrawal of foreign capital as has been
feared. Secretary Window has made It
clear he will not at present pay 1.0S for
~ per cent or purchase Is in preference,
and during the past week the treasury has
taken in about $4,50O,OO0 more money
than it has paid out.
Business failures number 222 as COM
pared with total of 240 last week and
249 the previous week. For the corre-
spending week last year the figures were
227.