Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-15

are more active, and the movement of
ginghams, prints and soft-wool dress goods
show it, while mems wear woolens and
clothing show a slight gain. Prices are
firm, with some makes of domestic cottons
tending higher. Raw wool is dull and cas-
Ter in price on slow manufacturing demand.
California, Territorial and pulled wools are
1Ic lower at Boston; fine Ohio wools are
strongest. Raw cotton is 1-16@3-16c higher
on good demand, lighter crop movement
and increased prominence of short-crop es-
Inmates.
Sugar has been more firmly held this
week, and prices are 1-16@1sc higher, under
fairly active demand There has been a
fair consumptive demand for coffee. but
speculatively the market is dull. Higher
prices at Brazilian ports check business.
Business failures reported to BrddStreet's
are decreasing each week, amounting to 213
in the United States this week against 259
last week and 311 this week last year.
Canada has 46 this week against 81 last
week. The total number of failures in the
United States since January is 2, ,1OO, against
2,182 in 1889.
R. G. DUN s. co. s WEEKLY REVIEW.
R. G. Dun s. Co.'s weekly review of
trade says:
L
favorable. While large amount of money
has gone into the treasury, rates here remain
moderate and the market easy. All interior
markets are also easier, for while Kansas
City is firm at usual rates the demand there
is moderate, and although the Milwaukee
market Is fairly active at 6 to 8 per cent,
the supply is adequate. At st. Louis, De-
troit and Pittsburg the market is easy at 6 to
per cent; at Philadelphia rather stagnant
at 81 to 6 per cent; at Boston better supplied
at 81 to 81 per cent; at all other points the
market is comparatively easy. Reports as to
the collections are satisfactory, with few
exceptions; Milwaukee notes only moder-
ately good collections, Kansas City rather
quiet, Cleveland rather slow and Detroit
slow from country towns.
There is still no really adverse change in
the iron business, and the weekly output of
furnaces February was 173, ,651 tons, against
174, ,038 January 1, gain of 1876 per cent
over the output of year ago. The demand
for pig does not yet indicate a probable ad-
vance in price, and at Pittsburg Bessemer is
a little weaker, but other iron rather strong
err because of the increase of II per cent con-
ceded in wages of coke workers. This, with
a reduction of 80 cents in Western ireights,
makes difference in favor of Southern and
against Western producers, but there are
now reports o. proDaDle strike In the Ala
bama coke works. There is no snap in the
demand for bar iron. and the market for
plates is dull and disappointing, with no
great activity in structural iron; nails dull
and old rails lower.
COPPER AND TIN LOWER.
Copper and tin are lower abroad, selling
here at 14N cents for lake and 2O5S cents for
straits and lead is lower at about So 80.
No relief appears in the coal business, and
the February tonnage has been reduced by
agreement to 1000, 900, the output in Janu-
ary having been $4,000 tons below that of
last year.
The textile industries present more hope
full aspect. With a steady and strong de-
mand for goods, cotton manufacturers have
increased their takings of cotton largely
since January 1, SO that the aggregate now
exceeds that of the last crop year to date.
There is better demand for wooden goods
also, though manufacturers pursue a conser-
vative course.
The speculative markets have not tended
upward during the past week. In wheat,
with sales OF q, 2,00O, 900 bushels here, there
has been decline of e of q cent, and in
corn, with sales of 16, ,00O, 900 bushels, de-