Pawtucket tribune. (Pawtucket, R.I.) 1890-189?, 1893-05-06
OUN'S TRADE REVIEW
The Furry in Wall Street
Has Little Effect.
VERY BACKWARD SEASON.
The Collections Throughout the Coun-
try Reported Very Slow.


NEW YORK, May 6--R. G. Dun & Co. 8
Weekly Review Of Trade says: Had bust
ness In Wall street been unsound or un-
healthy the collapse of prices during the
past week might have caused q panic.
Nearly all stocks fell. but the industrials
were most seriously depressed, and while
the average decline In an stocks was about
% per share for the week, cordage fell 43
points, sugar 40 and Manhattan % Sew
eral failures occurred without general dis
turbance, and the appointment of receivers
for the oordage company was In some sense
q relief.
At nearly all points the backward sea-
son and bad weather, with slow collec-
tions. give cause Of complaint
At Boston the dry goods retail business
is said to be the smallest for years, and
the woolen goods trad Is dull, with slow
orders. while prices Of some cotton goods
are lower.
The shoe trade is quiet, with slow orders
for fall goods. Trade In rubber goods i'm
proves, but groceries are quiet, and the
furniture trade complains of bad weather.
Chicago reports shrinking trade, slow
collections, money comparatively tight, q
decrease Of Is per cent
In Eastward Shipments,
but increase In real estate and building.
Receipts Of dressed beef gain, compared
with last year, 20 per cent; of sheep, 20;
OF barley, no. and Of wheat, ESQ per cent.
while In cured meats the decline II 70 per
cent; In lard, corn and hides, 90 per cent;
In oats, 66, and in broom corn and cheese,
~, with some decline in seeds, -four, cattle,
butter and hogs. Trade improves at MIL
waukee, though seeding n retarded by
bad weather, and country dealers are ask
ing long extensions. At Minneapolis and
st. Paul trade In dull, the bad weather
preventing seeding, and collections are
slow. At st. Louis business is active and
collections heavy, particularly In dry gooda
Grain receipts arc large and the river ex-
port trade unusually heavy.
Money ID In Healthy Demand
and country advices are good. Kansas
City reports better trade with improve
ments In the weather, and at Omaha gro
csries are very active and dry goods are in
fair demand. st. Joseph reports better
trade than year ago but at St Louis col
lections are slow and money close At
most southern points trade u improving,
tn ough at Louisville money II close; at
Nashville the financial situation n quiet;
at Little Rock collections are slow and
heavy rains cause some anxiety; at Macon
trade is good In groceries and dry goods,
and at Knoxville and Columbus somewhat
improved.
Az Augusta business Il dull, but oolleo-
tions fair, and at Savannah trade i'm
proves, especially In naval stores.
Business II gaining at New Orleans,
though crop prospects are less favorable
on account Of the storma Al Jackson
sonyille, Fla, trade 10 very fair, but at
Charleston dull. with collections very
slow.
The iron trade shows no Improvement.
There il pressure to sell from the west.
Southern No II sold at o. 30; Birming-
ham and bsssemer has fallen to t1S 20 at
Pittsburg. Bar II cut again and struc-
tural iron Ii slow. Sales Of 10000 900
pounds lake copper TO American consum-
ers are reported Tin and lead are weak,
and GOAL dull In the boot and shoe trade
there has rarely been such dullness, al
though shipments on old orders continue
to exceed last year'a
Receipts Of cattle at the west are slightly
larger than q year ago. Wool sales at
Boston, Philadelphia and New York for
the year are 9,5OO.OO0 pounds less than last
year TO date, the decrease in April being
5000, 900 pounds. Trade in woolens IL mar
row and disappointing, and in cottons
waiting and uncertain. Speculative mar
kets have been rather strong; wheat has
advanced cent, corn 1 S-S and pork rs
cents per barrel, with scarcely any dis
coverable reason, though western exports
regarding the coming crops are unsatisfao-
tory.
Oil has dropped nearly cents per bar
rel, but cotton is unchanged, though the
sales here have been heavy.
Exports from New York were very small
last week, and for the past four weeks
have been about t4,000, 900 below those of
last year, 20 that imports for the past
month wsre probably tl0.o .o00. 900 or more
greater than exports.
The business failures for the past seven
days number for the United States 216.
and for Canada 81, or q total Of 24s, a.
compared with totals of 2SS last week, and
20S the week previous to the last. For the
corresponding week Of last year the figures
were 200, representing 1s6 failures in the
United States and 2S In the Dominion of