The weekly Union times. [volume] (Union C.H., South Carolina) 1871-1894, 1889-05-17
TRADE REVIEW.
Little Revival from the Dull
ness Caused by the Gen.
tennial.
collections Generally Unsatisractorx
buiIish Temperament In the Stock
Market. out n Bcarish Ten
dcncy in Grain
R. G.. Dun d. Co.'S Reriem.

IT, q. Dun e Co.'S Rericw.
Ihe unprecedented interruption OF bust
ness by Centennial preparations and cels
orations has mads tho week nearly a bIonl
I - i-->----6------;-l--.a-
New York accumulated orders gave a sur.
1ace appearance OF greater activity, but IL Is
yet too soon to judge which wny the tide
Will turn, and the reports from other cities
though nearly oil hopeful in TONE do not
indicate the expected Improvement. The
situation seems better at Milwaukee,. it is
satisfactory at Omaha, good at Cleveland
iron; rather dull ut Kausas CITY md ST
fau', and less encouraging at the chief
| trades
\, Collections are Ear from satisfactory" at
milwaukee,, not improved at detroit. and
rather slow In groceries, tobacco and wooden
ware at Philadelphia, but in other lines there,
ana at other Cities generally, they seem
iairly satisfactory, and in New York some
ury goods dealers complain TINT collections
means
Reports about the wool trade are coutrn.
d'c1"ry. Prices arc low, but PHILADELPHIA
reports more sales and prospects of advance.
a. ~ report tnat the Treasury. may not decide
the wooien wors:ed question for months
dlsturos importers, who have quantities of
goods locked mp because collectors wait for
decision. Otherwise tho wooen trade
shows little better movement, but mills
are not working at nearly their capacity
Cotton has advanced an eighth and print
ctoths one-sixteenth, nnd there is q more
active Jobbing trade, but i'm some lines at
reductlon in prices, and many mills are
working short time. Silks are quiet, but
linens are quite In the leather trade
general encouragement is by some Thought
the precursor of better things, and n fair
business in boots and shoes continues helnod
oy the recent declines in prices of some
grades The paper trade is active, aud con-
tracts for delivery in England and Aus
traiIa are reported. The slow Improvement
continues in drugs and chemcles
Coai is duil; tho reported increase i'm stocks
LOT March is $4,000 tons and a strike at
Pittsburg is expected Copper still waits
but the report that bankers will try % md
nx the price at twelve cents is. thought to
foreshadow another disastrous ATTEMPT and
subsequent collapse. Tin is lower abroad
ana S@0 4O for prompt delivery here and
lead Is yery-mueh demoraIiZ,d Wheat
goes lower, it having sold at seq, and corn
mas declined three quarters and oats one
cent since last week. Dreams of successful
corners prior to July are still cherished, but
all the facts Of the present situation make
the attempt appear hazardous.
FORK Is mchansel, with lard and hops n
snahe higher, coffee and sugar are unch anged
out OIL an eighth hicher.-~.Ln-~gsaA,'-.se es-, |
pected, while quick advance might follow
a revival OF demand or speculative conferene.
SHOCKS nave Deen neglected. ana QuIl DuG q
little stronger I'm price, with disposition
to believe that tho next considerable move
ment must be upward. Yet in spite of some
excellent reports. the earnings do not gen
orally compare with last years as well as
they did in January or February, to say
nothing of March. and the outcome OF con-
troversies at the West seems really as doubt
full as ever.
The future Of the market probably depends
much upon the movements Of money and
the feeling of foreign investors, anu for the
moment both favor holders. but bankers
look upon considerable outgo of specie as
not improbable, and the policy Of Secretary
Window, as far as it has reen made known,
does not seem likely to cause large disburse-
ments before July. The one favorable fea-
ture is that merchandise exports are still
large, for four weeks Of April at New York
exceeding last years by S4,3JO,0OO or Is per
cent. the increase in imports here having
been only per cent. But the Treasury has
taken in during the week, 81 100000 more
than it has paid out, and there are many
reasons for expecting that the exports Of
merchandise may presently decline.
Tho huci f~.t.. .tJA-U>-
tho country during the i~sz-i ~, and toI
Cauuua 20, or total of PA, as corapaaressne
bonding week OF last year the figures were
234, made up of go in the United States, and
25 in the Dominion of Canada.