Daily tobacco leaf-chronicle. (Clarksville, Tenn.) 1890-1895, 1892-02-02


In prices, so that the average decline
in prices Of all commodities during the
past week has been more than half of |
per cent.
Money continues in abundant supply,
the movement of products continues
large, and extraordinary exports in De-
cember amounting to almost 500, O00,-
600, against not quite $4,000, 900 last
year, attract especial attention. The
foreign trade of the country in 1891 was
greater in exports and also in imports
than that of any previous year.
There is more business done in iron,
but increase in weekly output since TIE
unprecedented report of Dec. 1S has
weakened the price SO that the Thomas
company has reduced No. anthracite
fifty cents to $3.50, and Bessemer iron
is fifty cents lower at Pittsburg. Bar
iron is dull at Philadelphia and weak at
Chicago, and the market for plates is
demoralized by large production, while
some structural mills are short of work.
Copper is lower at 1913 cents, with mod
crate exports and great output. Tin
is an eighth lower at 1919 cents, but lead
is stronger at Az cents. Coal is un-
settled with cut of fifty cents on the
old rates by the Lehigh, and neverthe-
less agents have resolved To raise the
schedule price twenty-five cents per
ton.
Reports from other cities generally in
dictate gradual increase in the volume
of trade. AT Boston there are more
orders for boots and shoes, leather is
more active, domestic hides firmer, and
the jobbing trade in dry goods is good
with large western orders Trade in
wool is larger, sales being $4,000
pounds.
AT Philadelphia iron is quiet and coal
demoralized, but dry goods more active.
and the grocery trade larger than last
year. Paints, oils, glass and jewelry are
quiet and chemicals steady.
At Baltimore jobbing trade is quiet,
but manufacturing brisk.
At Pittsburg reports finished iron weak
er, and many flint glass works closed by
dun trade.
At Cleveland trade is on the whole
equal to last years.
AT Cincinnati the carriage trade finds
better prospects.
At Detroit better business is noted,
with good roads.
AT Chicago trade in general merchan-
disc is equal to last years. Collections
are satisfactory; money plenty and
prospects bright.
At st. Louis retail trade is strong,
and wholesale average grain receipts
large.
At Milwaukee trade prospects are
good, but there is very little specula-
ton.
At st. Paul jobbing trade and collec-
tions are better.
At Minneapolis trade is good for the
season, and collections satisfactory.
At Kansas City an increase in trade is
noted.
AT Denver business is fair.
At Memphis and Nashville trade is
quiet, at New Orleans cotton is lower,
with heavy receipts, sugar is steady
and rice is quiet, and at Savannah trade
is fairly good.
In dry goods there seems to be less
activity as to cotton goods, and in knit
goods some dullness. There is better
feeling in the wool market, however, at
New York as at Boston, and the contin-
uing sales prove that manufacturing has
by no means ceased. Cotton is an
eighth lower at seven and one-half cents
with enormous receipts for the season,
and sales of $4,000 bales here. While
both receipts and exports fall somewhat
behind those of last year for the same
week, the indications still point to a
large crop. Corn is half cent higher,
with heavy receipts at the west, and
pork products little stronger.
The money markets throughout the
country are unusually well supplied, but
in part because the demand is only
moderate. Collections are generally i'm
proving or decidedly good. Foreign ex-
change Is stronger, having risen during
the week from 1886 "a to $4.s and the
unsteadiness of the stock market is sup
posed to be due to considerable sales of
securities of foreign holdings, who may
not unnaturally find attractive oppor-
tunities in the weakness of government
and corporate securities in their own
countries.
The business failures occurring
throughout the country during the last
week number for the United States 1858,
Canada "A, total 297, as compared with
1898 last week and $50 the week previous
to the last and 800 for the corresponding