The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1892-06-18
FINANCE And TRADE.
Floods Still Retard Trade in the
Southwest.
THE IRON BUSINESS Is IMPROVING.

Crade is Fairly Active in the East.
WooIlens Quiet While the Shoe
business Is Good-The West Re-
ports Trade in Several Places
Larger Than Last Year.
New YORK, June 19.-R. G. Dun g.
Co.'S weekly review of trade says:
That there is improvement both in
actual trade and in prospects. Floods
still make some trouble in tue lower
Mississippi valley, but elsewhere
throughout the west excellent farm
prospects stimulate trade. At the east
the demand for manufactured products
is large for the season, and the settle
ment of many labor controversies helps,
and especially in building trades, while
the fear Of a long strike in western iron
works also stimulates purchases of iron
and steel products. Political move
ments have much encouraged conserva-
tive men with regard to the monetary
future.
Iron sales are large, the demand for
structural, sheet and plate iron is i'm
proving, and even in rails the western
mills find somewhat better demand. The
demand for steel beams is stimulated by
the low prices, 1t cents being quoted.
No improvement 10 seen in copper at IL
cents. london speculation has hoisted
tan to % cents, but lead is weaker at Al
cents.
The Shoe Trade Excellent.
Trade is fairly active at Boston with
large sales of print cloths and reduction
in bleached shirtings, while woolens are
Beasonably quiet and the shoe trade ex-
cellent, though orders are temporarily
checked by western foods Leather is
very firm and another advance in sole is
predicted. Rubber shoes are steady,
with orders for weeks ahead; rubber is
firm and active and sales OF wool are
2,5OO, 900 pounds, with encouraging pros
poets.
#At Pittsburg the demand for finished
iron is good, the prospect of wage diff
culties stimulating, the workers demand
ing last years scale and the manufac-
turerers reduction. Hardware very
active and glass unchanged. At Cleve-
land trade is larges than last year,
though buying is conservative, and at
Cincinnati the milling trade is above
the average and the jewelry trade fair.
Very Encouraging Reports.
AT Detroit trade equals last years, nd
in some lines is larger, and crop pros
poets good. At Chicago the volume of
business is increasing in all lines, and
receipts of oats show some increase over
last year, of cured meals sixth, of hogs
and cattle a fifth, of flour and rye two
thirds, while dressed beef receipts are
double, Of lard three times and of bar
ley four times last years. A decrease
of a third is seen in wheat and wool, and
some decrease in hides, cheese and but
ter.
At st. Louis in spite of hot weather
business is reasonably good, and at Kan
sas City fairly satisfactory, with large
receipts. Tho crop outlook is brighter
at Milwaukee and remarkably good at
Minneapolis, with trade better than last
year; lumber active, and the flour out
| put the largest on record, 214 900 barrels
against 133, 900 last year. At Omaha i'm
| provement is seen in dry goods, shoes
! and hardware, and at Denver trade is
very good. Improved trade is noted at
| Louisville and Nashville. and business
holds on well for the season at Savannah,
| decrease in production of naval stores
| being contemplated. High water makes
business dull at New Orleans, but sugar
is quite steady and money plenty, with
very little demand.
The Business Failures.
The business failures occurring dur
ing the last seven days number for the
United States 1853, and for Canada 26,
total of ITO hs compared with 1872 last
week, 207 the week previous to the last,
and 2o3 for the corresponding week last
year.
Ger your Watches and Jeweiry repaired
| rt No. 200 Market Street. HAIRY r..
TIL MAS & CO.