Daily tobacco leaf-chronicle. (Clarksville, Tenn.) 1890-1895, 1891-03-09
BUSINESS BAROMETER.
II. G. Dun & Company's Weekly Review
of Trade,

New YORK, March 9.-R. g. Dun &
Company's weekly review of trade
says Reports of trade from all parts
of the country show little change since
last week, though there is perhaps lit
tie less activity on the whole. The
south feels the continued decline in cot
ton, but trade in that section is moder-
ately fair. Business at st. Louis is only
fair, and rather quiea at Kansas City.
AT Denver business is fair, at st. Paul
good conditions continue, and at Mil
waukee and Cincinnati trade is rather
quiet.
Detroit reports larger trade than a
year ago, and Cleveland general bust
ness was good as usual. Chicago re-
ports an extraordinary decrease in
dressed beef receipts and heavy fall in
receipts of grain, lard and hides, but
large gain in cured meats and wool.
Dry goods sales are above last years,
with collections easy; in clothing and
shoes sales are also larger than a year
ago. Trade is generally good at Boston,
but better in materials than manufac-
tured products. At Philadelphia iron is
firmer and coal more active, chemicals
in fair demand, but tobacco quiet and
wool rather scarce.
The only speculative market that has
declined during the week is the cotton
market. The fall of an eighth puts the
price close to the lowest ever recorded
in this market since 1854. But wheat
has risen over one cent, oats one and
one-fourth, aud corn nearly two cents;
coffee an eighth, oil two and one-fourth,
butter five cents and pork products a
shade.
In the iron industry temporary stiff
ness in prices does not hide the fact that
general consumption has sharply de-
clined, apparently not far from one
fifth. No movement is seen in rails,
while offerings Of pig by southern mills
are comparatively light, the bar mills
are all hungry for orders, the prices of
plate and structural iron are cut to Sc
cure business, and the trade is actually
forced to regard with satisfaction the
continuance of the coke strike, and the
Mahoning and Shennago shut down.
The woolen industry is in far better
condition, the output of knit goods,
worsteds and dress goods and the me-
dunn and lower grade Of mems cloth,
being larger than at any other time for
five years, but the more costly grades of
ClOUn are uOU YET III SIIOIlB utludnu.
Cotton manufacture is doing little bet
ter of late, though embarrassed by un-
satisfactory prices
The treasury has put out, silver notes
included, only 5000, ,O0) more currency
than it has taken in during the past
week, but the money markets are gen
orally well supplied for legitimate bus
mess needs, though at some points some
stringent or more active. The exports
of products from New York were larger
last week, but for the past month show
n decrease of about 8 per cent and the
imports meanwhile show marked in
crease. The railroad earnings continue
heavy, and the clearing house exchanges
exceed last years, but decidedly less
than in the advance in prices, indicating
material decrease in quantities trans
ferred.
Business failures during the past seven
days number for the United States 235,
Canada 30, total 255; as compared with
go last week and POS the week previous
to the last For the corresponding week
of last year the figures were 260, repre-
senting 223 failures in the United States
and 81 in Canada.