The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-27
DUN & CO.'S WEEKLYREVIEW
Monetary Situation Unchanged and
General Depression Is Reported.
Stocks Have Fallen or from the Recovery Of
Las. Week and Exports Are Still $6.OOO,O0O
in Excess Of Imports This Month.

NEW YORK, May 26.-R. G. Dun 81 Co.'s
weekly review Of trade says: In two ways
there has been quite q general improve
mept during the past week. Better weather
throughout most OF the country has stimu-
lated retail trade, and the large dis
tribution of goods has made the jobbinR
trade more active. The monetary conui-
tions do not seem. to have changed mate
rally. The large demand for redisconnts
and advances by Western and Southern
banks, though considerably abated. has been
greater than Eastern banks could wholly
meet There is no definite Improvement
in financial affairs abroad. and the pros
pect of the continued outgo Of gold for some
time TO come has not altered. Speculative
markets show comparatively little ao-
tivity. Stocks have fallen of 10 some ex-
tent from the rapid recovery o, iase
week. the average being about III per
share lower than q week ago. w heat
and corn are both at the same price
as n week ago. although western receipts
of wheat in four days bave been Sl0o
bushels and Atlantic exports l.o5o.osI
bushels Corn receipts have been very
large, with insigDiticanr exports. Mess
pork is go higher, but hog ctner prohnots
are shade lower. Coffee advanced y 0ic,
and oil declined a cent. A natural decline -
. ton is also isc lower. although the roceipts
have been smaller and the exports larger
than for the same week last year pub tne
enormous stocks IN sight are NOT
diminishing more rapidly shan Is
usual at this season. Boston 10.
ports demand for wool moderate AND
prices the lowest of the season. AT mia
delphia pig iron is tirmer ana manufactured
IN greater demand owing to expected clos
ing of works III the summer. The outlook
for pig iron is better at Pittsburg. and some
finished products are 10 better demand. but
prices are very low. At cincinnati etrin-
genoy lessons. At Cleveland rolled prod
ucts are In large demand. but prices are
weak and money close. Indianapolis re-
ports money tight. owing to lack OF CONN.,
dence At Detroit prospects are less brlgnt
than last year. Chicago reports Improve.
meDt, though collections are still slow ana
bank accommodations sparing. Liquida-
tioD continues.
Dress goods are dull but there is closer
discrimination than usual In favor OF
choice styles. Cottons are stronger ana
print cloths q sixteenth higher. WOOL
sales are small. prices fRyorlng buyer
Shipment tn of shoes continue 20 exceed last
years. In the iron market new freiGht
from the South Affects prices largely az
points not on the seabosrd. but bar iron is
at the lowest point on record. Plates are
dull and com petition for ell man ufactured
products are exceedingly Keen. with prices
quoted 10 some cases below actual cost al
most at works. Imports are still large; ZOE
three weeks In May exceeding last years
by nearly So. 600. but exports nave some
what increased, and for three weeks snow
O slight gain.
The business failures for the last seven
days number 273. al compared with 2oi last
week For the corresponding week OF last
year the figures were 19S.