Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-04-18
A LITTLE MORE HOPE
Marks the Trade Situation, as Shown
by Bradstreet and Dun.
IRON STILL THE WEAKEST POINT.
Prospects for Crops in the West More Flat
tering Than Ever.
TREASURY PAYMENTS ARE EXCESSIVE

ESPECIAL TELEGRAM TO THE DIsPArcHl
NEW YORK, April 17.-Telegrams to
Bradstreets' indicate that seasonable
weather and improving country roadways
had favorable effect on general trade at
Duluth, Minneapolis, st. Paul, st. Louis,
Omaha and San Francisco and few other
points, but the gains are conspicuous rather
by contrast with relative dullness in pre-
ceding weeks than otherwise. Dry
goods, hardware and spring clothing
have felt the stimulating influence most
and, in some instances drugs, hats and caps,
boots and shoes have remained slow Of sale.
Rubber is steady at less than Para prices.
Lumber, with some exceptions (St. Louis
and Minneapolis, has been less active than
had been anticipated. Cattle are in fair re-
ceipt at Western markets and higher. Hogs
are 10 cents lower. Hog products and other
meats remain firm and In active request.
Crop Prospects Are Excellent.
Crop reports from the Northwest are very
favorable, as are those affecting winter
wheat, and merchants in the spring wheat
region are discountIng their bills to a no.
ticeable extent. Spectators in wheat at
San Francisco say that the San Joaquin
crop will be short, but this lacks CON nfrma-
tion, Exports of wheat from San Francisco
have been very heavy this week, at high
prices, spot commanding SO cents per
bushel, with Europe ready taker.
Wool sales have been slow, with prices
tending downward. New-clip wool has
reached st. Louis, together with supplies of
last years clip. No improvement in the
general business situation Is reported from
Cleveland, Pittsburg, Cincinnati, Memphis,
New Orleans, Chicago, Philadelphia, New
York or Boston.
Business failures in the United States
number 166, against 17S last week, and 166
this week last year. The total from Janu-
year.
The situation among manufacturers of
cotton and of woolen goods is unsatisfactory,
print cloth stocks being among the heaviest
on record and prices quite low. There is
little actual improvement in the general
industrial situation. A few strikes of i'm
portance have been settled and others
started.
The Coke Strike Weakening.
The great coke strike looks as if it were q
failure, as more ovens are starting up from
day to day. Iron is In less satisfactory
condition than heretofore, with the outlook
favoring lower before higher prices. An
thracite coal, too. is in smaller request at
shaded prices. Copper is steady, but lead
and spelter are weaker.
Leading money markets report q rather
better request for funds during the week.
Continued exports of gold excited some base
less apprehensions, and rates advanced from
3@4 per cent on call last week to 3@6 per
cent, but reached to last weeks level again.
Bank clearings at 81 cities for the week
ended April 16 amount to 81, ,133, ,667 ,214, a
decrease from this week last year of 1 per
cent. At 90 cities (New York's total ex-
cluded) the gain is per cent.
The net railway earnings for February
show diminution in volume and ratio of
gains. The Pacific companies and Coalers
alone account for gain equal to the net
shown by all companies over a year ago.
Small grain crops cut earnings of the South
westerns and Grangers, notably Atchison
and Burlington. Trunk line net earnings
are also smaller. The total net earnings Of
102 companies for February were 81, 248, ,339,
o gain over last year of 8.5 per cent. The
gross gained only 4.6 per cent.
Stocks Dull but Firm and Higher.
Share speculation is dull, but firm and
advancing on the crop prospects at home
and an unfavorable outlook abroad. Gold
shipments, and the possibility of friction
between the Gould lines and other Western
systems, have only produced momentary re-
action In prices.
Exports of wheat (and flour as wheat)
~ 80 ~ Inna an tIa .rosnaot - e., no-rn
;nn over reservss vis,bie apd in1is;hie IF
IN o0o Ooo or 10 oOO 00O a fortniobt,s snn-
nv Stooks of vbeat in and ont of farmers,
hands in tbe ITn;tad states and Canoda (s,.
oInd;no sin farmer,. bands, in ConaJol
are niaced at 11o 600 600 busbels with
snr;nr wheat nlantadI Food and Inresent1
ernort demands are abont 40 OOO OO0
bushels nar month Exnorts of What
I'D fonr as wbeoE tbis wssk
80, o aSs neo hu,ha,s an.;,st o oaa eso
s1an. -. ad . iaf sae s,shaIr -
.u yusne.s J .cIs 80 - III 1000 IT. .otaI
srnorrad froro Iriv n date "a ~ ara oo1
hnpbeis aao;nst s6 aoo 7os bushels IN a iiLe
.s.; 1000 on oud IN 600 or Lnshai, -
tooo 90 49, n,;aoa e. o,sh 90 strona
io90o0. te ~ 'i1n ;naa".;o
rarts ond haayier Jecreases of the ava;1ahis
ps p,. haaI1ad h., LaIiof IN srnaII ro
Serves indian corn is 5II'cents bipher and
a~norts snoIIer
T-.da l., D,,,,;,
AZ. GNI:-
oon-; o w L.. ~ III
retIis r.itb On 'n anoonraa;nc tnauenoa an asrerai
III, IT, Ouaaeo 3ha outioot 60 snr;nn
raae IN Sueou0 a 'n' NoniUO,;o TUo ~, ~ s NILE
troI .rau1 ii, ay .n souu a, IT, non,;n;on % 10
ueai S1it @o ho;. soGn w AZ. OaL aa;ne.
p1 poIts 90 Duein oo ~ s' mh
o. ias' W. AGo 20 I .n,n 40 tasS So,oi :. e7o
.o.ai ;. numo co e.. m "Nu"i' W o"'0 10 0'-'