The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1892-04-25
ON THE STATE OF TRADE.
Bradstreet's Report on the Course
Of Business All Over the
Country.
The Northwest Held It's Own in
Spite of Unfavorable
Influences.
Advance In the Price of Grain-Rusiness
Failure-Earnings of Railway Com
panies-General Trade.

Special kilograms to Bradstreet's, on tn,
whole, are rather the reverse Of favorable
with respect to the course Of general trad,
throughout the country within a week. A
New York, Boston, Philadelphia, Pittsburg
Cincinnati, Omaha, Kansas City and st
Louis the volume Of transactions has de.
creased. Unreasonable weather west ant
northwest has had an effect in restricting
the volume of transactions and has re.
tarded farming. At Chicago, Duluth, st
Paul and Minneapolis a rather more favor
able report is made, but conditions referred
to have had some effect. Hoods have
greatly disturbed business in Mississippi
northern Louisiana and southern Ten.
nessee.
Holiday influences have restr<ated activity
in the New York stock market. Speculative
sentiment continues. however, to be bullish
in tone, and the market receives support
from the steady though limited buying of
stocks for foreign account The feature of
the week was the coal shares, which de-
veloped marked strength on the alleged
prospect that the Vanderbilts will obtain
representation in the Delaware d Hudson
management. The deposit with the reorRan-
ization committee of q majority of the
junior securities of the Richmond Terminal
and this increased prospect that the plan
will prove successful also had a good effect.
Bonds are dull, but prices of prime issues
are well maintained. Foreign exchange
has declined one-half cent ON the pound on
slack inquiry and offerings of security bills,
Silver is inactive and fractionally lower.
Official NdVicaH chow nincES oF x;u ;...
unsold March 81 to have been 759, 500 oroas
tons, l42,OW tons more tlun on Dec. 81.
1891, Notwithstanding there wore thirty-
four fewer furnaces in blast on the latter
date. This points to n rapid decrease IN
consumption. In March something over
s,ooo tons OF plR IRON productive capacity
weekly was shut down. small proportion
in view Of the foregoing. Steel nails are in
less demand than heretofore. Railroad and
structural iron are in relatively most active
demand. Coal ~ steady but no higher.
Copper Ia dull and in light demand, and
petroleum is not active.
This advance in wheat last week was not
sustained. owing to tho statistical position
of this product throughout the world, and
not on account of bear trading at Chicago.
or elsewhere, ms hns been cnrolsssly as
serted. Exports of wheat and flour as
wheat from both coasts Of the United States
this week equal 1910 900 bushels, against
2.ob9. 0OO bushels last week and 2,4r6, 600
bushels in tho week one year npo. Exports
OF Indian corn this week arc ], 742. 3D4 bush
4ls, agnlnat :. 4ah, 600 hnshela last was.s.
al 6G8 bushels in the like week last year,
and 3,636, 900 buahols in tho like week two
years ago.
business failures throughout the United
States increased this week. numbering 1876.
against 16b last week and 1GG enoh in like
wseka In 1891 and 1880. About Sb per cent
were OF ooncerns with only $4,000 capital or
less. and only nine per cent Ind capital be-
tween 5000 aud $4,000. Bank olssrings