The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1892-06-04
FINANCE and TRADE.
Commercial Reports Indicate an
Improvement in Business.
TGREAsE IN THE IRON BUSINESS.

No Disturbance in the Money Mar
1 kct-The Volume of Currency in
Z Circulation Has Increased During
the Month - Collections on the
Whole Fairly Satisfactory.
NEW YORK, June 4.-R. G. Dun 6;
Co.'S weekly review of trade says: The
tone of the commercial reports from
various parts of the country indicate
that business has to some extent i'm
proved. More favorable weather has
materially improved the crop prospects
at the west, while little improvement
in the price of cotton has operated as a
stimulus to business at the south.
There has been no difficulty or disturb
ance in the money market, and the vol
ume of currency in circulation has in
creased during the month of May about
60 1900 GOO, amounting to 81 ,620, 600, 900
June /.
Collections throughout the country
on the whole are better than of late and
fairly satisfactory. Wheat has de-
clined l cent, the western receipts be-
ing unusually large, though the ex-
ports from the eastern ports have also
been quite large. Oats are a shade
lower, pork products unchanged, and
oil little lower. In cotton the belief
that the acreage will be much dimin-
ished has helped spectators to advance
the price / cent, and the transactions
have been moderately large.
The Iron Trade.
! The iron business shows considerable
increase in transactions, though there is
as much complaint as ever of low prices.
Both at Pittsburg and Philadelphia pig
iron is weaker, and there are doubts
whether the bottom has been reached,
though at Chicago the market is consid-
erably stronger, and authorities hold
that the stocks of pig iron in the country
are now considerably lower than they
have been. The market for bars is
weak at the lowest figure ever known,
and the new demand for structural iron
is not quite as large as has been ex-
pected.
The market for copper has been quiet,
and the b ills have controlled the price
of tin, but lead has been sluggish.
Quiet prevails in the anthracite coal
market, the companies having decided
npon another advance in prices which
the condition of the market does not ap.
pear to warrant. There is little new in
the wool market or in the woolien man.
ufacture, though such supplies of new
wool as have come forward thus far are
readily taken, and the tone is some
what firmer.
Business Throughout the Country.
At Boston business is more active
AT Philadelphia there is an increase ir
sales of iron and hardware is quitt
active. Wool is strong. Trade at Bal
tinore is generally good. At Pittsburg
finished products of iron and steel art
in good demand, though prices are The
lowest ever known and the glass trade il
fairly active. At Cincinnati tobacco
GALES are unusually large and whisky ii
active. General business at Chicago il
greatly in excess OF last years receipts
The crop indications at st. Paul arr
more favorable. At Omaha business il
very active. Business is very good u
at Denver.
Business Failures.
The business failures during the las
eeven days number for the United State
ITS, for Canada SO, total 207, as com
pared with 1913 last week, 1879 the weel
previous to the last and 224 for the cor
responding week of last year.