The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1893-06-03
TRADE REVIEW.

The Condition of Business Throughout
the Country as Indicated by r. @. Dun
& Co.'S Weekly Review-A General Inn
provement Noticeable, Stimulated by
Few Days of Good Weather-Business
Failures, Etc.
NEW YORK, May 2s.-R. G. Dun &
Co.'S weekly review of trade, published
this morning, says:
In two ways there has been quite general I'M
provement during the past week. Better
weather throughout most OF the country has
stimulated retail trade. and the large distrfbu-
tion OF goods has made jobbing trade more
active Monetary anxieties have curiously
aoated and in many widely-separated points
large loans solicited here a week or two ago to
provide for extreme emergencies In different
cities have not been wanted, and threatening
failures at various points have passed without
causing much disturbance. Yet the actual
conditions do not seem to have changed mate
really. Gold is still going out, and t2oOo,0u0
more was shipped yesterday. The treasury
reserve is again reduced below the slo0, ,OOOoOO
limit. The large demand for rediscounts and
advances by western and southern banks.
though considerably ahated. has been greater
than the eastern banks could wholly meet
There is no definite improvement in financial
affairs abroad, and the prospects Of conffn-
ued outgo of gold for some time to come
has AOb dtlcECu- opcCulAtlNo HldEhCtS shO"
comparatively little activity. Stocks have
fallen OF to some extent from the rapid recov-
cry of last week, the average being about 81
per share lower than week ago Wheat and
corn are both at lust about the same price as
week ago although western receipts Of wheat
In four days have been 90 12s bushels. and At
lantic exports 1,o36597 bushels and corn re-
ceipts have been very large. with Insignificant
exports. Mess pork Is IS cents higher, bu3
other hog products shade lower, and while
coffee advanced half a cent. oil declined cent.
A natural decline is seen In dairy products and
potatoes. Cotton is also an eighth lower, al
though the receipts have been smaller and the
exports larger than for the same week last
year, but the enormous stocks in sight are not
diminishing more than is usual at this season
Boston reports Improvement with bettet
weather in retail and better jobbing In dry
goods, the collections are short. and steady
market for staple cOttons, the decline having
been checked and woolens rather quiet, though
more demand from clothiers Is seen. Other
trade has improved. The outlook for pig iron
is better at Pittsburgh, and some finished
products are in better demand, but prices
very low. At Cincinnati stringency
lessons and retail trade improves with
the weather. At Cleveland rolled prod
ucts are in large demand, but prices weak, col
lections poor and money close. Indianapolis
report money tight. At Detroit prospects are
somewhat improved. Chicago reports i'm
provement with better weather, which favors
the farmers, but collections are still slow and
bank accommodations sparing At Milwaukee
manufacturers are busy and the iobbing trade
greater than year ago, but money is close.
At Minneapolis the financial furry has abated.
jobbing trade and collections are fair, with
a good lumber trade, but small sales OF
-four st. Paul reports seeding mostly COM
pleted. fair jobbing trade, but slow collections.
St. Louis notes steady and satisfactory jobhing
and fair collections. Bankers are extremely
conservative and much money has gone out to
other western cities. At st. Joseph the grocery
trade is good and dry goods In fair demand. AT
Omaha the dry goods, groceries and hardware
trades are good. but at Denver bad weather
makes trade quiet. Business at Nashville IL
improving but at other points at the south
business is quiet, and nearly oil collections arc
slow and money somewhat close Mobile re-
ports large shipment Of early vegetables, and
New Orleans a bright outlook in building
trades, though the breaking OF levees will sert-
ously affect northern Louisiana. Imports are
still large, for three weeks in May exceeding
last years by nearly IS 600 CO., but exports have
somewhat increased and for three weeks show
a slight gain. Money on call Is cheap and
abundant and loans on time for commercial
needs are made with some difficulty and spar
ingly.
The business failures during the past seven
days number, for the United States. a59: Can
ada, H. total, s73. as compared with e6i last
week and 2sO the week previous to the last.
For the corresponding week of last year tbs
figures were 1ss.