Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-09-27
SWELLED In VOLUME.
The Distribution of Merchandise Bet
ter Than Last Week.
PRICES OF COAL TO BE ADVANCED
Business Failures One Less Than This Time
Last Year.
AGAIN NOTED IN THE BANK CLEARINGs

ESPECIAL TELEGRAM TO THE DIsPNrcH.i
NEW YORK, September 26.-Special tele-
grams to Brddstreet's note some increase in
the volume of seasoRable merchandise and
staple products distributed. Further re-
ports of damage to cotton come from Louis
lana, and the export movement of grain con-
tinues slack on both coasts. Central Amer
lean trade has recovered from effects of the
late war there, which reacts favorably on
California's commercial interests. At
Omaha the stock of corn fed cattle is in-
creasing and prices are to 10c up, while
heavy receipts of hogs depress quotations of
the latter. Receipts of cattle and hogs are
both light at Kansas City and prices are
frmer.
The more active movement in jobbing
lines is among dealers in drygoods, except
woolens, boots, shoes and clothing. At New
Orleans there is manifested disposition,
now that wants have been filled, to await a
more liberal crop movement before antici-
pating requirements.
ACTIVE BEARS.
Receipts of Columbia river salmon, at
San Francisco, are heavy. Raw sugar is
dull, and Lice lower on small refining de-
mand, and more favorable beet crop re-
ports. Refners are using up their stocks in
preference to entering the market for new
supplies, but conditions still favor higher
prices. Refined is in good demand and
steady. At Chicago woolens and worsteds
have been advanced 12H per cent, and fine
cottons are up per cent. Coffee futures are
up 25 and 40 points, while spots are only
fractionally changed.
=, Stock speculation at New York is narrow
and dull, with a marked tendency toward
lower prices; the prevalence of low rates for
money have no apparent effect in encourag-
ing buying. The influence of the foreign
markets is adverse, and bear operators sup
ply nearly all the activity
Bank clearings at SO cities tor the week
ended September %, are 81, 299, ,629, 456,
gain over this week last year Of 2S6 per
cent. New York City's clearings, which
are greater than those for the like period
last year by 1868 per cent, while at 81 other
cities the gain is 15.9 per cent.
COAL GOING UP.
Pig iron is no stronger, consumers prefer
ring to buy for wants only. Steel rails and
billets have been shaded during the week.
Anthracite coal is to be advanced in price,
and lead and copper are firm at late high
figures. Crude petroleum is off 1Ac per
barrel and shows no sign of attracting re-
newed attention at present. Leather is
duller.
Wheat has been easier and H@3lc lower
and Indian corn is Nc off on the week.
Reduced exports and reports of rather better
yields abroad than had been counted on, ex-
plain this. Flour is weaker, but not
changed in price. Exports of wheat and
flour as wheat aggregate .155, ,921 bushels
on both coasts this week. Last year in the
like week the total was 1,650, ia bushels,
and last week 9S5, 175 bushels. The aggre-
gate shipped abroad July l to date, one
quarter of the current cereal year, is "a, 166,-
sol bushels, as against "a, pa, 715 bushels in
1888, and 48, 015. .S89 bushels in 1887. In
dian corn exports this week equal TAI, ,772
bushels, against 561, ,247 bushels last week.
COTTON STRONG.
cotton goods are, as a rule, very strong.
Brown and bleached cotton production is
we'll sold up, and several makes have been
advanced in price. Print cloth is weaker
on enlarging stocks. General jobbing de-
mand is up to the average, and slightly In
excess of last week, owing to good work
there. Wash dress fabrics for spring deIiv-
ery are active with agents. Woolen goods
are in moderate demand. Some makes of
mems wear goods are more sought after. A
feature of the weak has been the buying of
fine territory and pulled woods by worsted
mills, with good advices from the London
sales, which advanced quotations %c.
Prices are strong and tend upward. The
weeks Boston sales are the largest for the
year. Spot cotton is 1sc off on continued
large crop movement, but October and later
month deliveries are very active and LOO
1-5c higher on reports of crop damage and
good foreign advices.
Business failures reported to BrddStreet's
number 179 in the United States this week,
against 167 last week and180 this week last
year. Canada had 81 this week, against 80
last week. The total number of failures in
the United States January to date is {, ,446,
against S,3O6 in like portion of 1889.
INCREASE IN IMPORTS.
R. G. Dun & Co. weekly review of trade
says: Liquidation in nearly all kinds of
speculation comes to the disappointment of
many, in connection with the largely in
creased supplies of money. and prepares the
way for healthier trade in all legitimate
branches.
With lower prices, there appears the de-
sired improvement in exports of products,
and the decrease for the past three weeks is
now only 40.7 per cent, compared with last
year. The imports are much enlarged by
effort to get goods into the country before a
new tariff goes into effect, but the current
accounts OF such increase are exaggerated.
The value of all imports for three weeks has
been but 1515 per cent above last years
record. A considerable increase appears in
woolens, linens, silks and other drygoods,
but there Is a fair prospect that the
merchandise exports will now exceed in
value the imports tor the month. Grain
does not move freely as yet, but the exports
of cotton exceed last years materially, and
provisions move in quite as large guam
titles.
REMARKABLE ACTIVITY.
The roporfs from, ofbar o;tiaa sboru a 70