Peninsula enterprise. [volume] (Accomac, Va.) 1881-1965, 1890-04-12
STATE OF TRADE.
Fewer Failures and a Heavier
Volume Of Trade.
Foo y affect the Southwrs crn Mar
kets, and the Ectaii Distr button
Suffers from n Mid w inter-.

FOO .snect the SGutnwFS crn h"r-
kcts, and the Ectaii Distr button
Suffers from Il MI Il w inter-.
Special kilograms to Brodstreet's corroborate
previously reported indications that while the
volume of general trade is heavy, there has
been distinct check to the movement OF
staples to retailers as compared TO the distri-
button some months ago. Improvements III
trade is reported following more seasonable
weather ut Omaha, San Francisco and Gin
cinnati.
The overhows along the lower Mississippi
Valley have checked trade at New Orleans,
and even at st. Louis similar influence has
been felt. AdviccS from Chicago are mod
rately cheerful. At New York, while the
quarters total Of bank clcarlngs is 1 per cent.
larger than in 1889, for March, the total this
year is J2l per cent. less than i'll March, lSS9
Bank clearings at thirtv-six cities for March
aggregate 1852, 5l4 ISL, gain ovcra year ago
of l.5 per cent. as compared with an increase
of Is per cent in March. 1850. over 1855. For
the first quarter of $500 the gain is I per cent.
over the first quarter of lSS!l. hut the increase
in the bank clearin.S in the first quarter OF
1889 over 1855 was Il per cent.
Special investigation hy BrGdStFect's into
the general trade for the past quarter, and
into mercantile collrction lat twcnty-oncciticsl J
shows that the late mild Winter, low prices
and depression i'll the coal trade have had
untavorahlc effects upon retail distribution OF
heavy wearing apparel and kindred goods,
and the influence of heavy stocks carried over
by retailers is reelected in Il less active de-
mand than anticipated and slow collections
at many points. There is less discounting of
bills ami small demand for accommodations.
Wheat has nor varied in price much, tend
ing upward toward the close. Reduced stocks
abroad and crop damaged III home are the
stimulating features, for our efforts have de-
clincd visihly, notably from the Pacific coast
The total shipped this week, both coasts Tin
Guiding flour as wheat is .12l 500 bushels,
against o.l0l .l56 bushels the week before
From July Is last 10 date exports equal ST.
2lj.675 bushels. against 69,0i0, 100 bushels in a
like portion of lSSS-S.'. Indian corn is firmer
or on lighter interior shipments and continued
heavy exports Oats, likewise, are fraction
ally higher.
Drives in Spring dress goods are the lead
ing features OF the Eastern dry-goodS jobbing
trade. A considerable movement has been
effected at cut rates. Trade with agents is
only III, derate. Cotton and wool dress goods
show the most notable activity. Prices are,
us rule, unchanged Cotton is dull and I'M
changed. us is all raw wool.
Reports TO Bfudarce'S of mercantile fail
ureS throughout the United States during the
first quarter of the current year show Il total
of 3S.6 against $500 in the first quarter of
1852 The aggregate liabilities of failing
traders are S33 Sol, against S4l ,I6 $50, and
actual assets Sl6,0S22l2, against $90,376,7S9 III
the first quarter OF 1850.