The sea coast echo. [volume] (Bay Saint Louis, Miss.) 1892-current, 1893-05-27
BUSINESS REVIEW.

The Condition of Business Throughout
the Country as Shown by X. G. Dun q
Co.'S Weekly Reyiew-A Rally in the
Speculative Markets, But No Substantial
Business mprovement-Failures. Etc.
NEW YORK, May 20.-R. G. Dun &
Co.'S weekly review of trade, published
this morning, says:
Stocks rally from extreme depression. but
business shows no substantial improyen ent
The distribution of products to final consum.
erS Is ratner less enc Couraging, though the
weather has been generally more favorable
and at come points helps retail trade Whole.
sale business and production showed this week
more hesitation with regard to the crops next
1all the possibilities of tariff changes and
money uncertainties. Some large failures and
many OF minor Importance show the effects OF
increasing stringency in the money market,
ana Whlle money Is comparatively easy hero
tne pressure at other points has increased.
Almost everywhere collections are slow and
doubtful about the future effects OF new under
taklngs, although the present volume CT trade,
based upon past orders, is remarkably large
The treasury is IN stronger position than
1or some weeks past. but exports in gold
have not notably Increased
AT Boston boots and shoes are more active,
ana larger orders ore seen for rubber goods,
wnile lumber is in strong demand. At Phila-
oelphla hardware is active and trade in gro
ceries fair Baltimore reports trade in wool
ems backward; In boots and shoes slow. Iron
is weaker at Pittsburgh; coal and glass fair
AT CINCINNATI collections are slow and money
IN demand. Trade at Cleveland is generally
oull. The monetary situation is improved at
indianapolis, banks being in good condition,
put at Detroit jobhing trade is to 10 per cent.
smaller than last year, though manufac-
turers are at work full time and
proved retail and satisfactory wholesale
trace, with liquidation aud lower prices
Tor local securities and slow collections Trade
III real estate is smaller by 40 per cent. and re-
ceipts OF nearly all products show decrease of
from lS to 90 per cent. compared with last year
though flour, wheat and oats increase East
bound rail shipments are larger but wheat is
at the lowest price for thirty years In Mil
waukee trade improves, but money is tight.
Al st. Louis trade Is very satisfactory. At
Kansas City trade is fair in dry goods shoes
and groceries; slow in farm implements, with
money close. At st. Joseph trade is improv.
ing with fair collections, but at Denver busi-
ness Is slow. At Louisville the money mar
ket improves, though collections are slow
AT Little Rock money Is tight and trade dull
At Knoxville trade is sluggish and collections
backward. AT Memphis trade Is quiet, and at
Nashville somewhat better, with increased
confidence, though money is close. At Augusta
there Is no Improvement. At Columbus trade
is little off and money tight, but at Atlanta
business is satisfactory and collections good. At
Charleston trade in groceries is fair, but other
trade dull, collections good. but money in de-
mand. New Orleans reports quiet trade, with
much apprehension Of floods cotton depressed
sugar weaker, and money increasing in de-.
mand.
The failures for the week number 247 in the
United States, against 1863 for the same week
last year, and IA in Canada against % last
year.