Daily tobacco leaf-chronicle. (Clarksville, Tenn.) 1890-1895, 1891-05-04
TRADE REVIEW.
Condition of Business Better
Than One Week Ago.
Prospects of 1t Still Improving
in the Near Future.

A Weekly Review of Trade as Reported
TO Leading New York Mercantile
Agency 60 Some Approximation in the
Money Market-Failures of the Week.
NEW YORK, May Ar. G.. Dun g.
Company's weekly review Of trade SAYS:
The reports of trade are on the whole
more favorable than a week ago Boston
finds general business better, though the
sales of wool are comparatively small.
Mllder weather has helped retail trade.
and while the leather trade is quiet, boot
and shoe jobbers receive more encour-
aging reports, and hope for an active
fall demand.
AT Pittsburg the glass business is act
i've, and Bessemer iron is fifty cents
higher. The Cleveland market Is inact-
i've, but money is in good demand, and
at Detroit the manufacturing interests
are sustained by a strong demand. At
Cincinnati the dry goods season has been
brisk, and collections are about as usual.
At Chicago -four receipts are smaller
than q year ago, and grain receipts
about the same, but increase appears in
cured meats, lard, butter, dressed beef,
and about 3S per cent in wool.
Trade at our western and southern
points seems to be especially encourap-
ing this week. Better weather helms at
almost all western points, and at Mil
waukee trade was never better. at
Omaha and st. Paul very fair, at Min
neapolis flour is dull, but the lumber
trade is active, and at Omaha fair
weather helps business Trade is quiet
at Kansas City, but improving at Louis
vile, Nashville and Atlanta with de-
clded strength at ST. Louis, though for
the week barely fair at New Orleans.
The great industries are in better
shape, The price of pig iron is fairly
well sustained, and the demand for
finished products of iron and steel is
more encouraging. The wooden manu-
facturers still hesitate, apparently be-
cause the producers are inclined to ask
higher prices for the new clip of wool
than manufacturers can pay, but there
Is belief that the consuming demand
for goods must be as large as it ever
has been i'll any previous year, and the
clothlers, though very cautious hitherto
begin to act upon that belief. The shoe
trade is still retarded by the uncertainty
as to prices for the future, but is never
theless fairly active
There has been some financial ir1ita-
'ADh tuA ms buC NGbhs OWlLlE 10 INC bTtlJb-
ments made by Mr.. Leach, director OF
the mint, as if by authority of the treas
urY department and the later statement
The treasury has but little moneJ
able to meet any emergency in the
money market, and has paid out but lit
tie during the past week. But gold con-
tinues to go abroad in rather large
and while the collapse in
speculation in wheat tends to help ex-
ports, it is possibly too late TO have
much effect at present Merchandise
exports from New York continue much
larger than year ago, but imports are
also remarkably large, and there is u
of heavy exports of gold for
some months to come.
The business failures during the last
seyen days number: For the United
States 228, and for Canada 27, or total
of 255, as compared with total of PAT
last week and 25l the week previous to
the last. For the corresponding week Of
last year the figures were Ell, represent
ing 1856 failures in the United States and
26 in the Dominion of Canada