Huntsville gazette., 1892-05-14
TRADE AND FINANCE.

The Condition of Business In the United
States Reflected Through X. G. Dun
& Co.'S. Weekly Review-Business Re-
tarded by Continued and Heavy Rains
and Seeding Interrupted-Money Gem
orally Abundant with Restricted De-
mand-Business Failures, Etc.
New YORK, May 6.-R. G. Dun &
Co.'S weekly review of trade says:
Business has been much retarded throughout
most Of the western states by unusual and con
tinued rains. Seeding in many quarters is in
terrupted, and distribution Of goods is checked.
somewhat better tone appears at the south
and business at the east is fairly active for the
season. Money is everywhere abundant. in
part because the demand Is smaller than usual.
Shipments of boots and shoes from the east are
now but per cent. less than last year to date.
Stocks of woolens throughout the country are
believed to be unusually light, and a great
business is expected. Flannels are improving,
and the unprecedented distribution of dress
goods helps the manufacture. Inquiry for cot
tons is large and improving, western stocks be-
ing small and trade in prints fair for the
season The iron trade shows larger transac-
tions, but no better prices. The demand for
structural iron does not increase as
expected, but there is a larger busi-
ness in plates, though at demoralzed
prices. A thousand coke ovens have
stopped at Connellsville because the manufac-
ture is sackening, but more inquiry is seen for
rails. Boston notes unreasonable weather and
yet fair trade. Cotton mills are 50 well sold
out that there is difficulty in filing orders.
Woolen mills report mora dema nd and the
shoe trade finds better prospects at the sout b
Rubber works are fairly active and the furniture
trade is satisfactory. At Philadelphia the gro
Gerry trade is larger than a year ago and the
paint and glass business fair while building
operations exceed last years by IA per cent. At
Baltimore trade is decidedly satisfactory, south
ern trade being fairly maintained, and exports
exceed those of the previous month Iron is
slightly weaker at Pittsburgh and the glass
trade not pushing, but the hardware trade is
exceptionally good The demand for coke is
shrinking and prices are cut. Trade in dry goods
and hardware at Cleveland is good, and fair in
boots and shoes and groceries with in
creased demand for money. AT Cincin-
natl the shoe business exceeds last
years, but building and the harness
trade are unsettled by labor difficulties. At
Chicago receipts of products have been gener-
ally diminished by bad weather and dry good }
sales smaller, but in other lines sales are
better than year ago. AT Milwaukee money
is in active demand, though rain checks ship
ments and seeding. AT st. Paul the backward
season makes jobbing duh and collections poor
but at Minneapolis the lumber trade is good
and the -four output large Rainsretard trade
at Omaha, but live stock receipts are almost the
heaviest ever known, and grain receipts in ten
days greater than in thirty days preceding.
Business at Kansas City is fair in spite of bad
weather making receipts light. At st. Louis
trade is strong and improving AT Little Rock
business is fair; at Louisville improving, with
tobacco still active; at New Orleans somewhat
improved, with cotton more active, and at Sa-
vannah somewhat decreased. drouth having af-
|, feeted crops Wheat met the expected reae-
ton, selling off 4is and recov ering 2 cents
Receipts and exports are both larger, but
stocks in the country far exceed any probable
demand. Corn has risen 212 cents, with but
small sales, and oats one-half cent Cotton
is sixteenth higher though receipts
and exports exceed last years, because OF
sensational accounts of decrease in acreage
Pork products a shade lower, and coffee
weak at three eighths decline. There has beer
large speculation in tin, but copper seems
scarce for immediate delivery, and lead j:
strong. Coal is dull though firm, but pur-
chases of coal properties by the Pennsylvania
enlarge the probable competition. The money
market is not disturbed. The stock marke
has been disturbed by sharp decline in sugal
| stock, owing to reports Of legal action agains
the trust, and by difficulties in the Richmond
terminal reorganization. But there has beer
less indication of foreign selling within the past
week.
The business failures occurring throughou
the country during the last seven days, number
for the United States. 1856, and for Canada e. ol
total of 200; compared with I'll las
week and POI the week previous to the last
and 242 for the corresponding week of last year