The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1890-02-20
FINANCE AND TRADE.
DUN's WEEKLY TRADE REVIEW
Tho Business Outlook Somewhat More
Favorable


II. q. Dun & Co.'S weekly rrvrcw of trade
Gays: The business outloo. is somewhat
more favorable. While large amount Of
money has gone into the treasury, rates here
remain moderate and the market easy. All
interior markets are also .caser. for while
Kansas City is firm at usual rates, the de-
mand there is moderate, and though the
Milwaukee market is fairly active at g to s
per cent, the supply is adequate. At st.
Louis, Detroit and Pittsburg the market is
easy at TOT per cent. at Philadelphia rather
stagnant at 81 to per cent, at Boston, better
supplied at % to 81 Ter cent at all other
points the marke, is compAratiyeIv easy.
There is still no really adverse change in
the iron trade business. and the weekly ont.
put Of furnaces February I, was l73 Gjl tons,
against 1905, January !, a gain Of 1919 per
cent. over the output Of a year ago. The de-
maud for pig does not yet in .icnte proba
bic advance in price. and at Pittsburgh ljes.
bemer is a l'tte weaker, but other iron rather
stronger because or the increase of - per
cent conceded in wages # coke workers.
This with a reduction Of % cents in Western
eru and against Western producers, butthcrc
are now reports ola probable strike in the
Alabama coke works
There is no s"ap in the demand for bar
iron, and the market is dul, AMI disapp1int
ing, with no great activity in structural iron.
Nails dull, aud old rails lower. Copper and
tin are lower abroad, selling here at If lie
lRT "a "a 10 4 Il.
lower at about g. So 40 relief appears in
the coal business, and the February tonnage
has been reduced by agreement to q. 100. .OOO.
the output in January having 32OGJJ tons
below that of last year.
The textile industries present more hope.
ful aspect With a staady and strong de-.
mand for goods cotton manufacturers have
increased their takings Of cotton largely
since January /, 50 that the aggregate now
exceeds that Of the last crop year to date.
There is better demand for wooden goods
also, though manufacturers pursuca con-
seryatiye course.
The speculative market, have not tended
upward during the past week In wheat.
with sales of 100000 bushels here. there
has been decline Of of cent and in
corn, with sales of 10000 o bushels, a de
cline VI &c, the current price even at the sea
toard being only 3jsc Oats are also sc
lower aud pork products unchanged, rs is
oil with small transactions. hc speculation
in cotton has been enormous, sales reaching
$1,000 balc- for week with an advance Of ic.
Coffee has been steady with moderate sales,
but sugar u sixteenth lower, and salc- &c
per 100 pounds below the trust prices. con
Hnue TO weaken the refined, though the
trust stock has been vigorously advanced.
The exports OF wheat and -four have fallen
below those Of the same time last year while
corn exports continue large. The general
level OF prices, Notwithstanding the decline in
breadstuils, is about 4! per cent higher than
February l.
For the past week the treasury has taken
in Si,00O,000 cash more that it has paid out,
and while its disbursements aud pensions
are expected to be large, further purchases OF
bonds in large amounts are not anticipated
II no further supplies OF money return from
the interior, Il closer market will naturally
result before April lst. Exports of mer,
chandisc for half of February have been
fully up TO those Of last year, but from thi,
time some excess Of exports over Imports i.
probable.
The business failures number 30! as com
pared wi Ia total Of 31l las; week. For the
corresponding week of las, year the figures
were 80.