Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-04-04
TRADE REVIEW.
Condition of Business in the
United States as
REVIEWED BY R. G. DUN & CO..
Interior Money Markets Quiet and Easy
and a Speedy Reaction Is Confidently
Expected-Decrease In Bush
ness Failures

NEW YORK, April 3.-R. G. Dun Il Co. s
weekly review Of trade says: Inc actual
condition OF business does not improve,
however hopeful auticipAtiOns warranted.
Interests Of property IL many forms are Tor
the time Affected, and meanwhile the usual
demand for money in April settlement has
made the markets rather closer, though a
speedy reaction is expected. Nearly all
interior money markets are quiet and com
paratiyelv easy. Collections are quite gen
orally slow and unsatisfactory, improve
ments being noted hardly anywhere, but the
state of the roads IS usually recognized as a
prominent cause. Failures for the first
quarter of 1891 have been 3oA5 IN mum Der,
against 1928 last year. and liabilities 81
l61 .63l, against 81 So, 96S i'll the United
States. bGt more than the entire increase,
both in number and liabilities, appears In
the Southern states alone. The Eastern
auG Middle states report fewer failures and
smaller liabilities than last year, but the
Western states report nearly as mucn liz
crease.
In Canada the number of failures has
been 575, against $50 last year, but iabili-
ties SOS !34. against s., 5229 449 last year.
Trade ut Boston has been quiet. The
movements of mems wOoiens, unSat!S-
factory At St. Louis and Kansas City,
fair. Chicago observes an increase over
last year in receipts of grain and cheese,
ana JJ per cent III WOOL, uO Al IlAA GU
meats and hides. and decrease in flour, lard
and butter and so per cent in dressed beef.
Merchandise moves more slowly than a few
weeks ago on account of the bad roads.
Memphis finds not Yet near normal, but at
Atlanta it is improving, and at New Or
leans. where sugar IS active al lower prices,
rice scarce and cotton quiet. Bad weather
affects trade AT Montgomery and at jack
sonville There are fewer Of the disasters
of spring and summer. Trade in iron does
not mend at all, in confidence the strike
will soon end, and consumers are waiting.
The lowest prices on record are made by
some works for bar iron, and structural
moves slowly, while wrought pipe is terri
bly, domoralized. Pig iron is duller than for
years, and buyers generally hold OF as to
rails. disliking to help the combination.
Coal is fat, official prices being about Is
cents above last year, but with some cut
ting.
A better tone is seen in copper, and spec
ulation has advanced tin and lead a shade.
Western manufactures are doing fairly
well, but report from the West is that
growers look for higher prices on the new
clip of wool, which the present market for
goods does not warrant. Speculation in
DrCadstuffs does not abate. Wheat is nc
higher than u week ago Corn is a shade
lower, and oats unchanged, but pork is soc
per barrel higher, and lard &c per pound
up. Cotton has not changed, and trading is
light. Coffee is &c stronger, And oil &c,
with small sales. The averages of all
prices is shade lower than week ago.
Business failures occurring throughout
the country during the last seven days
number 243, rs compared with a total Of 256
last week For the corresponding week of
last year the figures are POS