The Big Stone post. (Big Stone Gap, Va.) 1890-1892, 1891-02-13
DUN'S WEEKLY REVIEW.
fh" Money Market Easy-Everywhere and
The Number Of Failures are
DpcreasiDG

NEW York, Feb. lO.-R. q. Dun Il Co.'S
weekly review Of trade says: Though at
the highest lc,oto Of prices business con-
tinucs to exceed last years OH u whole,
and is in character more healthy and con-
scrvativc than usual, with less speculative
excitement, with Il sense of uncertainty,
making buyers cautious in nearly all lines,
so thar purchasers arc closely confined to
the actual demand for consumption. The
volume of business transacted is never
thclc's much greater than year ago in
some Of the most important branches
and in scarcely any is there material de-
crease.
The money markets arc everywhere
easy. Confidence is still affected to some
extent by possibilities of monetary lcgis.
lation, but the impression grows stronger
that no important action will occur at this
session Of Congress and that an extra
session will be avoided.
The stock market has been irregular
hut the disposition to invest surplus funds
is strengthened by the progress Of the
railroad Presidents toward effective reg
ulation Of traffic and by the large earnings
reported. The average prices Of c0mmod-
tiles advanced nearly half of one per cent
for the past week, but the advance is al
most exclusively in products of which the
crops were short. Reports this week from
all parts of the country indicate fair vol
umc OF trade for the season, easy money and
collections generally fair. though ut q few
Western points and in the grocery trade
at Philadelphia, rather slow; the South has
an embarrassment of further decline in
the price Of cotton, but receipts arc large
and general trade is somewhat better at
New Orleans. Though receipts of sugar
are light: trade is improved ut Atlanta.
Fair volume, but quite cautious at Men,
phis and dull ut present, but bright pros
poets at Savannah.
At Pittsburgh iron is qucter, though
better demand for rails is seen. Phila-
dcphia notes prosperous spring business
IN shoes and leather and dry goods, with
the clothing trade healthier than for years,
4 fairly satisfactory trade in groceries
and chemicals, with liquor and chemicals
quiet. The resumption Of work by some
Alabama iron furnaces increases the ex-
cess Of productions. Buyers hesitate to
take rails at the price fixed by the combi-
nation. At many bar mills the scarcity
of orders is felt, and structural and plate
iron are irregular. The coal trade is still
4congested, the January output having been
2,525,0O0. onc-Quarter more than last
year and some mines are stopping.
Tho WOODEN manufactures mutipl:, and
Iswhilc tho trade in goods is cautious, it is
steady and large. One large establish
|ment which has been making worstcd in
bradford, England, has bought property
4 and is preparing works near Philadel-
pha. The demand for wool Of all kinds
lifts the price little, but especially for
the coaser and worstcrcd grades.
Wheat has advanced 1850 and corn
nearly lc OH moderate sales, lard and hogs
being also lOc per hundred pounds stron.
ger and oil 222Sc, but cotton is Lie lower.
Exports from New York are nov falling
below last years, especially in brcadstuirs.
Money, ON call, has dropped from 2}s
to . per cent, and foreign exchanges re-
main steady at $4.S7.
Failures for the week number 26I, and
for the sponding week Of last ycaf
/ O65