Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1893-03-23
CONDITION OF TRADE.
Distribution OF Goods Continues Large
Despite . Number Of Drawbacks.

/
| Despite Number Of Drawbacks.
NEw YORK, March 1a-RsG. Dun 4
Co. s weekly review of trade says:
Distribution Of goods continues large for the
season in spite Of extraordinary weather, some
| failures and tight money market Storms
and severe cold have retarded trading and col
lections throughout . large part OF the country
and doubtless cause much OF the monetary
pressure, though larger part is due TO the
great excess of imports over exports Europe
is not shipping products from the country as
usual nor lending money IS much as usual to
carry products here until they are needed, and
accumulated stocks at commercial centers, with
slow collections in the country, make the de-
msnd for money unusually large.
Exports Of breadstuTs, cotton, provisions,
cattle and oil in February were but s40, 9s2 33l,
against t65 304 ZIP last year, which with the in
crease Of nearly g 100000 in imports at New
York, indicates probable excess OF imports in
! that month of about tl5O00,O00 against an
excess OF exports in the same month last year
/ OF 81, 000, 900 Exports in March also have
been small at New York, 4540,000 less for
| two weeks than last year Specula-
ktion in products has been naturally depressed,
| cotton being al one time a quarter and now
3-l6 lower than a week ago. with sales Of over
| 600 bales. Wheat is 2l4c lower, with sales
/ OF 36000,000 bushels, the government report OF
/ lSs 600 600 bushels in farmers hands. besides
/ 79OO0,O0J bushels in visible supply, making il
! clear that great surplus would have to be car
| ried over next July.
Bessemer products are stronger than usual
at Pittsburgh, hardware is more active ana
coke improves. At Cleveland trade is fair, at
! Cincinnati whisky is quiet, but tobacco quiet
and nrm. At Indianapolis money is close,
/ Trade az Detroit is equal TO last years and
/ in lumber heavy Chicago reports great
/ demand in farming regions, and act
/ i've trade in merchandise with sat
! isfactory orders Storms interrupt at
/ Milwaukee, but at ST Louis trade is
4 heavy, especially with the southwest, while
/ lead is strong, but -four mills are running half
/ time Cattle receipts at KansBs City are lib
/ eral, the tone al Omaha is sanguine and collec-
| tions are improved at St Joseph. No i'm
! provement is seen at St Paul, but trade at
Denver and Little Rock is fair, at Nashville
/ good and at Montgomery and Atlanta fair. At
/ Columbus collections are slow and money
| tight at Mobile business is good. Az New
| Orleans sugar is dull and rice not improved,
with money firm but in ample supply. The
| iron industry shows improvement. Prices are
steady, though extremely low, with less pres
/ sure to realize and q little more demand is
| seen for bar and plate iron and STEEL while
structural works are well employed, though not
At better prices. Copper IS steady Lead
| firm at 8 &c, but tin nc lower The shoe bust
ness is large. Cattle receipts at the west are
smaller and bad weather and strikes or fears
of strikes, affect all railway movements TO
some extent
The business failures occurring throughout
the country during the last seven days number
220, as compared with totals Of 225 last week
| For the corresponding week last year the 1g-
ures we're 240