The World. [volume] (Martinsburg, W. Va.) 1891-1896, 1892-02-06
And TRADE.
Business Enlarging in Spite Of Much
Complaint.
srRrEaEECY IN THE SOUTH ONLY.

owing 20 the Over Production or
Cotton and Hurtfnl Speculation
IL the Past--The Great Industries
Gradually Progressing - business
Failures.
NEW YoRK. Dec. 10. n. g. Dun ~
co. : weekly review Of trade says: In
spite Of much dullness and complaint in
some important branches trade h
gradually charging. The west sstead-
ily increasing orders for manufactured
products. and is likely TO buy more
largely In the next five months then ever
before. Eastern consumption Is also
fairly mp to the maximum. as labor r.
well employed. The stringency at the
south. owing 10 the over production Of
cotton and hurtful speculation ia the
past, is at present the only force retard.
ing the general Improvement.
In Financial Circles.
In financial and speculative circles,
nevertheless, some apprehension appears
because Of the advantage In foreign ex-
change from $3.50 to &i.67 in spite Of
the enormous merchandise balances In
favor Of this country. Exports of mer-
chHhdise continue to greatly exceed last
years for five months at New York by
about 30 per cent. while in the value Of
imports. the increase is very slight
There Is considerable evidence that
large blocks OF American securities are
being sold here by foreigners. but the
market has taken them without serious
disturbance. The average price OF
stocks, after several days OF depression,
Il nearly a per share lower than week
ago, the so-called industrial properties
having been especially weak. bnt there
Is nevertheless much strength and good
buying by American investors for sound
stocks.
General Trade Reports.
Reports Of business from other cities
are shade more favorable AT Boston
the dry goods jobbing trade Is quite
good, the demand for wool steady. the
cotton mills well employed, while the
boot and shoe factories are quite busy.
/ At Philadelphia more orders are seen
for manufactured iron and increased
business in dry goods. The cigar manu-
facturers are busy and trade In groceries
and chemicals unchanged. At.Cincin
natl tobacco Is active at good prices. dry
/ goods orders are brisk and building
\ prospects fattering. Cleveland reports
improved trade. with rolled products Ii
larger demand. At Chicago sales 81
j merchandise show fair increase ovel
last year, and collections are satisfac
tory. At st. Louis business Is not quite
as strong, distribution being checked III
the cotton region. At Kansas City,
z
4 good prospects; at st. Paul the spring
1 jobbing trade opens we'll. and ut Mime
/ apolis largely exceeds that of last year.
At New Orleans business Is somewhat
dull, cotton being lower with heavy re.
ceipts, but sugar firm and rice In fair
demand.
The Iron Market.
The great industries make progress II
| spite Of low prices, and production
| which seems to threaten q reaction. Pig
/ iron shows little concession at Philadel
phia, and some shading here by south
ern concerns and bslr Is as dull as ever
| with q light demand for plates. Struct,
ural iron ID unsettled by the collapse 81
steel beam combination, and the price
has fallen 2 liz cents. But the coming
expenditures by the great railroad
promise an unusual demand, and new.
comes Of the opening OF additional fur
naces. At the higher price demande.
by agents coal Is exceedingly dull.
Business Failures.
The business failures throughout the
country during the hast seven days mum.
Der for the United States 273 and fol
Canada 40, "a total OF 3f9, as compared with
297 last week, 822 the week previous t.
the last, and BOG for the corresponding
week Of Last year.
/ -------------s-
Charged with Killing Ten Peasants
1 49,. TD.,,,..x. Z