Iron County register., 1893-04-06
THE STATE or TRADE.

THE STATE OF TRADE. {
Review OF tho state or Trade and General
Business Throughout the Country TOE
tho Week Closing with the 1st Anse.s
Summarized from r. g. DUN Cos
Observation-Disclosures or GOOds ImProv-
Ing with Better weather aud Manumc-
turcrs Generally Well Employed-Bus'-
ness FAtlures, Etc.
New York, April L-R. G. Dun &
Co. IS weekly review of trade says:
The fact of the largest influence In the record
OF the past week has been the Increased us
trfbution of goods which appears with pettef
weather. At nearly all points. The strengthen
ing effect is already felt in some wholesaio
trades and even, In some manufactures, puiio-
ing materials, and In steel, and paints ana glass
are helped, as well Is many forms OF textile ano
leather products. Collections already improve
at many points. though still generally ratner
behind, especially 1t Philadelphta and otner
eastern points. The stringency of tension aoous
April does not appear here, more close pres
sure some weeks having led to adequate prepa-
rations; but while imports greatly exceed ex-
ports 1t is not safe to calculate that outgoes OF
gold will not again disturb confidence henco
the break In an important speculation mas its
hopeful side. Instead Of rising after the close
OF the Lancashire strike, cotton feil tnree-
eighths, which may accelerate exports though
stocks of American cotton in Europe are still
third larger than usual at this season. Wneas
at Chicago had . sudden fall OF cents IN
one day. but as prices there have been ID 20 ~
cents higher than at other western cities and
cents higher than at New York, the mar
kets were very little affected anywhere else,
and here are only IN eighth lower. But the
price in Great Britain Is the lowest ever
known. Corn fell 2k cents with small sales ana
oats one-hah cent. and the break inhog pro-
ducts reached IS cents per barrel IN pork and Q
cent pound in lard. Exports in four weeks
at New York have been t75, ,i15,00O less than
last year, indicating total for the month nos
far from e760000O0 while the increase In I'M
ports at New York alone has been about eel.-
100000, indicating total for the month OF moro
than &07, 100000. This great excess In imports,
following the excess OF $S6 600 In january
and February. is the basis OF doubts'about the
immediate monetary future. The treasury has
been gaining gold. but money hero has ad-
vanced from 2M to per cent. ana transactions
in stocks have been mainly confined TO local
spectators and generally weak. though
stronger on Thursday. The situation In the
great industries Is distinctly improving, re-
gardless of speculative uncertainties. Le-
gitimate business shows no unsoundness, eau
tion having largely prevailed. and tho volume
is the largest ever known for the season. Fall
ures in the first quarter OF the year. sos In
number, were fewer than any OF the past three
years, and though In amount OF liabilities.
showing larger average, 1t Is still less thnn
s14SOo. Trade in cottons has improved.
though print cloths are :A1 eighth lower and
ginghams further reduced, hut knit goods
dealers are jubilant Business In woolcn dress
goods is very large with every appearance OF
stability. Flannels have advanced and sackings
are remarkably strong, but in mems goods,
while sales have been very heavy there is some
local cancellations as the result of the strike
in clothing works. Sales Of wool Nave again
increased, exceeding last years for the week,
though the markets are nearly barc. The iron
and steel business Is a shade frmcr, with i'm
proved demand for bar. plates and structural
forms, and though rails do not sell. Bcssemer
iron is firm and steel stronger The strength
in shoes Is unabated eastern shipments greatly
exceeding those of any previous year. Copper
is shade weaker, heavy supplies of tin having
checked the advance, while lead is q shade
stronger. Coal is naturally weak with some
dissatisfaction in the pool. Lumber and build
ing materials are everywhere in strong de-
mand, but the weeks receipts OF cattle ut the
west are rather small. Improved distribution
gives confidence to wholesalers at Boston. and
textile mills are busy 0nd sold well ahead.
Shoes are firm and leather very strong, and
lumber improved.
Philadelphia reports large trade in dress
goods, notions and millinery. increasing de-
mand for paints and glass and for fruits, with
other business good Baltimore reports large
demands sor dress goods and notions, excellent
for clothing, ard good for shoes and hats.
At Pittsburg the demand for finished iron Is
large. glass is more active and strikes have
ceased. Rolled and pig iron are in largo do.
mand and higher at Cleveland and Gin
Cluuauls tu0 uHTnCSS anu carriage tr0ueS
are making good gains and are fully
at work. Trade at Detroit equals last years,
in some branches increasing. especially in
building. Chicago reports increase over last
year in trade for the quarter, especially In dry
goods, shoes and clothing; smaller dcrland
on provisions because OF high prices, heavy
east-bound shipments and increased demand
for money. Collections have improved. and
money is easier Receipts of wheat. butter
and sheep are larger than last year, but of
other products smaller. especially OF grain ana
wool. Trade in Milwaukee Is good. though
cautious, but collections unusually slow. Min.
neapolts reports fair trade excellent In lum-
her. with q large output OF -four, and ut st.
Paul better weather gives more life. Business
is good ut Omaha, especially in hardware, gro
cer1es and shoes; good at st. Joseph, tmprov.
ing at Kansas City ana fair ut Denver and Salt
Lake. At St. Louis trade Is strong. especially
in building and real estate. with bottcr demand
In clothing and dry goods. Nearly all south
ern points report some Improvement, and at
Nashville no disturbance results. the bnnlxo
being well fortified. At Galveston n large In
crease in cotton is noted. bnt timidity of CAPT.
tai and smaller loans than usual At New Or
leans lumber. material for building. etc, aro
money in ample supply.
The business failures during the pas: seven
days number, for the United States, 16d: Can
ada. u; total. l94, rs compared with 3iO last
week and PIG for the corresponding week OF