Huntsville gazette., 1892-10-08
THE BUSINESS OUTLOOK.

NJ ". Dun ~ Co.'s Weekly Re-lew of the
Condition OF Trade Throughout the
Country-Bussness Generally Active
Money in Ample Supply and Collections
satisfactory-A Better Feeling In the
South Caused by Slight Advance in
Cotton-B usiness Failures, Etc.
NEW YORK, Oct. 1.-R. g. Dun &
Co. s weekly review of trade says:
Business continues larger than ever al this
time of the year. and the commercial sky is
without a cloud. While the season brings the
usual shrfnkage in distribution of textile goods
the mills are nevertheless crowded wtth or
ders and tho demand for the products Of iron
and steel and leather has improved, Money is
In nple supply and collections have Ysry
rarely been moro generally satisfactory5 SO
that the demand for commercial loans is am
usually light for the season. The outgo Of
money from western ccnters for purchases in
the country is larger than usual aad yet there
is no embarrassment Crop reports are uni
formally favorable and the promise Is dis
tinctiy better than 1t was few weeks ago. At
the south trade is nevertheless much encour-
aged by some advance in the price Of cotton,
and Is therefore more active. In general bnsi-
ness Is not only large and remarkably healthy
but the outlook for the coming months is
everywhere regarded with the utmost conf
dence.
AtBoston dry goods are active. and the mills
lines, that they cannot produce goods fast
enough. Collections are excellent and all sec.
t1ons seem to have money enough for payment
OF bills. The boot and shoe trade is very salts.
factory.
at Philadelphia iron improves with large
sales. and hardware, recently quiet is now
more active. The liquor and tobacco trades
are busy, and also the man fracture OF cigars.
The jewelry trade improves with trade in oil
and naval stores. Dry goods are moving
steadily, and trade in groceries and glassware
is very busy. Iron is in better demand at
Pittshurg. and the glass business good. At
Cleveland trade is improving and larger than
last year, and at Cincinnati the clothing
trade is better than previols years. though
slight decline is seen at the south. for the
western trade largely exceeds previous rec
ords.
Chicago reports merchandise sales greater
than last year, the harvest progressing we'll,
money active, with much larger outgoes to the
interior than last year. and all conditions favor
able. Receipts of products show increase in
| everything except rye, model ate in -four, pork
| cheese, wool and hides, quarter in barley,
| Seed hogs and sheep, two thirds in butter,
| twofold in dressed beef. cured meats, lard and
| broomcorn, and threefold in wheat, corn and
| oats.
At st. Louis business Is distinctly better In
| dry goods, shoes, hats and railway supplies,
and collections prompt. At st. Paul business
| Is larger than year ago. at Omaha very active,
| with increase over last year in many lines. At
| Kansas City good. Business at Denver is
moderate, the weather being warm and collec-
| tions slow. At the south generally improving,
| though caution prevails at Memphis Bstter
prices for cotton bring larger trade at Mont
gomery, and though business is only zair at
New Orleans, sugar is strong and active and
money in good demand.
Speculation in breadstufs Is lower wit b
small transactions. Wheat and oats are nearly
a cent, and corn l3s cent lower, and receipts Of
wheat ct western points have been G.5f2, 695
bushels in four days. against exports of only
65o, 1l6 bushels Speculation in cotton has been
enormous sales reaching 1.360CO0 bales, with
an advance OF quarter during the week, In
spite of better receipts and more favorable
crop reports. Pork products are higher, pork
70 cent per barrel lard s. and hogs 25 cents per
100 pounds Coffee is an eighth stronger, but
oil about two cents lower. Western receipts
Of cattle are 175,00) head against l45O0O tina
same week last year. Coal is more active, but
ct cut rates, deliveries having been this month
at May prices, and agents decline to make au-
other nominal advance.
The Hebrew holidays cause the usua! de-
crease in sales of textile goods, the cholera
scare has diverted many buyers from New
York, and it is between seasons for woolens,
but dealings are still large. The outlook in
woolens is excellent, and sales of wool improve
here and at Philadelphia, where the consump-
ton is greater than in any other year, though
some concessions on territories and Ohio delaine
are seen at Boston. At the three markets 233,-
600, 600 pounds have been sold this year against
1s9, 100000 last year to date. Cottons are less
active and some ginghams a shade lower.
Trade In knit goods is hesitating and
production a little below last years,
but stocks of woolens are small, and
trade in carpets is active. Boot and shoe works
are pressed TO meet their orders and the ship
ments from Boston for the year thus far show
an increase of 6.8 per cent. over last years, and
468 per cent. over those of ten years ago.
Large sales of pig iron are reported. especially
at Cincinnati and some advance in prices is ex-
pected. All works making structural iron ara
very busy and the outlook improving, though
bar iron Is still weak Copper is unchanged at
cne- fourteenth cents, tia hesltating at 2.2s
and lead dull at 470lo Though exports from
New York fer four weeks have been22 per cent.
smaller in value than year ago, they exceed
last week. Foreign exchange has risen slight
ly, and money has advanced to 5 per cent. but
no anxiety is felt. and stocks shade
stronger than a week ago. The treasury has
paid out SsoG,G 0 more notes against as much
more silver added, and has taken in S2009,00c
more gold during the week. but the demand
for money at the west and south continues
smaller than usual
The business failures occurring throughout
the country during the last seven days number.
for the United States. III. and for Canada 81: or
a total of 20s, az compared with I'll last
week and 1872 for the week previous to the last
ard 230 for the corresponding week OF last year.
Canadian Business Outlook.
New YoRK Oct. I.--Spe cial kilograms to
Bradstreets indicate that general trade has
fallen off somewhat in the province OF Quebec
but the volume is increasing Dry goods and
hardware merchants have made large sales
In Ontario very fair trade is reported IL
staple lines. with excellent prospects. Stocks
of wheat at every country elevator are 'ncreas-
inc. Export steam rat les to Europe from Mou-
treal are low.
|.
WILL PAY TAXES.