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

r. q. Dun & Co.'S weekly rrUcw 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 .casier, for while
Kansas City is firm at usual rates. the de.
mand there is moderate, and though the
Milwaukee market is fairly active at to s
per cent, the supply is adequate. At st.
Louis, Detroit and Pit,sburg the market is
easy at TOT per cent; at Philadelphia rather
s,agnant at 81 to 6 per cent, at Boston, better
supplied at ji to 81 rer cent; at all other
points the market is comparatively easy.
There is still no really adverse change in
the iron trade business and the weekly ont.
put OF furnaces February /, was 1861 tons,
against l7i,OjS January ], a gain Of 1876 per
cent over the output Of a year ago. The de-
mand for pig does not yet in icnte a proba
bic advance in price and at Pittsburgh Bes-
semer is a l'ttle weaker, but other iron rather
stronger because Of the increase Of - pet
cent conceded in wages # coke workers
This, with a reduction of % cents in Western
frcights makes difference in favor of south
cru and against Western producers. but there
are now reports ofa probable strike in Tia,
Alabama coke works.
There is no s.ap in the demand for bar
iron, and the market is dull ami disappoint
ing, with no greatactiyity in structure! iron
Nails duh, and old rails lower. Copper and
tin are lower abroad, selling here at If l,1C
for .akc and 20 l2' for straits. and lead is
lower at about g. -. so relief appears in
the coal business, and the February tonnage
has been reduced by agreement to 2,,OO,O ,OOO
the output in January having 32O,GJ tons
below that of last year.
The textile industries present more hope
ful aspect. With staady anl strong de-
mand for goods, cotton manufacturers have
increased their takugs Of cotton largely
since January /, 50 that the aggregate now
exceeds that Of the last crop year to date
There is a better demand for wooden goods
also though manufacturers pursuca con
seryative course.
he speculative markets have not tended
upward during the past week. In wheat
with sales of 100000 bushels here there
has been decline of Z of a cent, and in
corn with sales of 10000 bushels, lie
cline of &c, the current price even at the sea
toerd being only 3jsc. Oats are also Il
lower and pork products unchanged, as j.
oil, with small transactions. I lac speculation
in cotton has been enormous sales reaching
$1,000 bale, for week, with an advance OF ic
Coffee has been steady with moderate sales
but sugar sixteenth lower, and sales &c
per 100 pounds below the trust prices. con
"nue TO weaken the refined, though tn,
trust stock has been vigorously advanced
The exports of wheat and -four have fallen
below those of the same time last year Will,
corn exports continue large. The general
level OF prices, Notwithstanding the decline II
breadstuils, is about Il per cent. higher thar
February /.
For the past week the treasury has taker
In 100000 cash more that it has paid out
and while its disbursements and pension,
are expected to be large further purchases o
bonds in large amounts are not anticipated
II no further supplies of money return from
the interior. Il closer market will natural,
result before April lst. Exports of mer
chandise for half of February have beer
time some excess of exports over imports il
probable.
The business failures number 3O!, as com
pared wi Ia a total of 81 last week For tn
corresponding week Of last year the figure
were 80.