Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1891-03-06
WEEKLY TN ,pE REVIEW.

ACCORDING 10 the repor, Of Dun &
Co., forthc week ending Feb. %, 1891,
the condition Of trade In the South aud
Northwest was dull Business In gen.
eral was slow during tho week. Tho
question Of monetary legislation IL set
tied for tho present, though there may
be possibility Of an extra session of
Congress. Capital IA discouraged, owing
% the legislation pending In several Of
tho Western Legislatures, regarding
loans, mortgages, iand titloa aud rail.
roads. Farmers are experiencing much
Inconvenience owing 10 shortage OF
crops. They can't dnd means 20 buy
the usual requirements. At tue same
tluie tho collapse Of the real estate
"hoom" which 20 wildly inflated
prices throughout tho West ami South
has affected business morc than has
yet been realized. Cotton Is reported
very dullat the South.
The report says;
Cuisines a; Eastern cities has been
Irregular. Tho wool trade Is strength.
uned by comparative scarcity. aud prices
OF -omo grades arc higher. The knit
goods manufacture has apparently snincd
most, and next tho manufacture Of dros
goods, whleh has order, wen ahead. with
a market mover moro bare " goodsnt tho
end ~ February iiut clothiors have
bought much morn cautiously than
usual, aud while somo medium ca.-i-
mcrcs have sold we'll. aud some fne
goods better than usual. and for low
grade goods the orders have been airly
liberal. yet continuance OF purchases at
more than the usual rate will b. needed
TO mako the season satlsnctor' one In
mems wear goods Trade In oottous IN
dun because tho southern, dem,nd has
dropped remarkably. In rubber goods
trade il unsettled, some makers having
advanced prices with those Of crndo
rubber, while othor, have not. The glass
trade Is fair nj pillsburg aud light NJ
Philadelphia. Moro activity Is seon In
lumber at Boston, hut In general at Eisli
crn cities marked decrease la building
has caused dullncss In tho markets Tor all
materials"
The coke strike Ia causing an activity
In the demand for Iron, aud should the
strike continue much longer tho price
Of Iron products win be materially AZ
footed. Coal Is dull; tho output No far
this year Is 5,OOl, 900 tons, an Increase
OF ,2iO,OOl tons over last years output
at the same date.
"rhc price Of wheat has not advanced,
Western receipts continuing heavy. while
cEports aro light. But corn has rlson %
cents and oats ~ cents. 4 spooulailyoa adj
vance Of over half cont is also soon In
coffee. The exports Of merchandise from
New York for tho past four week. have
boon u per cont le.s than for tho snmo
weeks Inst year, and Imports also dc.
crease aboutl per cent, Little disturb
anco is caused by further shipments Of
S100,000 gold TO Europe, aud rs Treasury
| disbursement, for pensions are just now
enormous, the money markets aro likoly
/ Ia he strengthened inr q time. The
| Treasury lost over $4,000, 600 on balance
| yesterday, aud has about $50, O0J, 900 In
/ an To- dlshnrso by the end OF the month,
" lille appropriations arc 80 heavy that
some operators In stocks are reckoning
/ ON large Treasury deficit aud easy
money Ia all tho markets. This and
other reasons are given f'r an advance IN
| stocks which began Thursday, and the
| movement Il not unlikely 10 proyont
| further unloading by foreign holders. As
/ a rule The adiournmunt NJ Congress
usually promotes son,e of greater c0nd-
| dunpe,'
Business failures Ms reported to Dun
a Co. for the week mentioned were In
the United States 25G aud In Canada "a.
For the corresponding week last year
the United states had 257 failures and
Canada n,