The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-04-22
DUN & CO.'S WEEKLY REVIEW
Monetary Uncertainty OyershadOws
Trade and Business Is Nervous.
In Addition to This Spring Is Reported Back
ward ALI Over the Country. Giving her-
chants Grounds TO Grumble Generally.

NEW YORK. April I2-R. G. Dun Il Co.'s
weekly review of trade says: Monetary
doubts have overshndowed all other infiu-
ences at New York. and have affected trade
at other points. Wheat has fallen 2lsc.
with sales Of 40, 600. 600 bushels here. corn
23sc. oil 2l4c. and coffee 1lsc Wheat re-
ceipts have been {. 200. 900 bushels at West
ern ports in four days. and Atlantic ex-
ports not GO0,O30 bushels. Pork products
are some what lower, though declining less
than corn. In the cotton market liquida-
tion has continued. and. with sales of
100000 bales here. the prices have dropped
516c. The weeks receipts from pianta-
tions are fully ND to last years, and
Southern advices generally Indicate
some increase this year in acre.
age. Reports from other cities show
extensive embarrassment from severe
storms and the backward spring, with some
signs of shrinkage In trade from other
causes. The tardy spring makes clothing
quiet. and the advance in shoes retards
buyIng The building trade is active. and
the demand for lumber large. but sales or
wool are moderate. Iron is somewaas
weaker at Pittsburg. but the glass trade Is
active. Business at Cleveland Is IN volume
larger than last year. but money is active
and cloee. At Cincinnati there Is far
spring business In clothing. The demand
for dry goods at Indianapolis Is good. but
money is closer. Trade at Detroit is good.
with collections improved. At Chicago
NAVIGATION opens with heavy shipments
Currency does not return. as WAS OK pected.
and large SUMS are tied up In fair Drepera-
tons. SO that bankers are conservative.
Receipts of cattle. butter and barley In
creased moderately over last year. sheep.
30 per cent; wool. 80 per cent, and
wheat. 20 per cent. while In cheese,
hogs, hour and lard there Is a
moderate decrease; in dressed beef and
oats SO per cent. in corn 40 and IN rye and
cured meats 20 per cent AT most North
western points weather checks trade and
in Milwaukee ughtness of money causes
apprehension and collections are slow. AZ
st. Paul trade Is fair. but seeding is re-
tarded. st. Louis reports bright prospects
and large demands for money from the
Southwest. though owing to the low price
of cotton Southern orders are remarkably
slow. At Omaha trade is good aud at st.
Joseph good. Business at Kansas City IS
very quiet. with large receipts and lower
prices for cattle. At Denver trade is only
fair and at Salt Lake quiet Weather re-
tards trade at Louisville and Nashville.
Knoxville and Little Rock business Is
quiet; at Columbus very dull. but with i'm
proved collections. and at Atlanta fair for
the season. At Mobile cotton is moving
more freely and ct New Orleans sugar is
strong. but rice and other trades 0r6 quiet,
with money in active demand.
Pig iron is q shade firmer for foundry.
but hessemer is weaker at Pittsburg and
Birmingham. No. 2 Is offered at 80. Trade
in bar Is dull. with the prices as low as
ever, and cut of LOCO in beams and
|, channels reported. Sales of lake copper ut
lilac are rnmored. The demand Tor tin Is
slower. while coal is dull and easy. In
textile fabrics mile are still busy with old
orders. Collections throughout the coun-
try are at most points slower than usual.
and conditions such that monetary strin-
gency might occur if exchange with this
center were embarrassed. Meanwhile ex-
ports of merchandise in April fall mnch
below last years, while imports increase
nearly 20 per cent. so that the excess OF
imports though it may not he half the
S26. 0j0.0 600 of March. Is likely TO be large.
business failures occurring throughout
the country during the last seven days
number 2OS. compared with q total of 200 las,
week. For the corresponding week last
year the figures were 201.