The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1893-12-02
WEEKLY TRADE REVIEW.

The Condition Of business Thoughoutt the
Country as Rejected Through r. @. Dun
q Cos Weekly Revicv-All branches OF
business In . Waiting Mood and Re
vivai, I'm Consequence, Proceeds Slowly
The Weeks Failures, Etc.
NEW YORK, Nov. 25.-R. g. Dun 81
Co. s weekly review of trade, issued to-
day, says:
Consumption increases slowly, and al
branches Of business are waiting for its
growth. There his been little Improvements
in stocks. aaout tLg5 for railroads and 81 cents
per share for trusts. while the price OF proar
ucts has declined little On the whole, lrt tins
volume OF business has somewhat Increased.
Exchanges through clearinghouscs OUTSIDE OK
New York show decrease OF only ~ per
cent. for although last years business ~ this
season was extraordinary. the week inciuded
the THANKSGIVING holiday. The railroad earn.
ings for the month thus far are only 3s per
cent less than those of last year, the decrease
for the latest week being even smaller IN
freight earnings
Trade waits for the revival OF industries. and
the weeks returns respecting industrial prog
ress arc rather conflicting. There has bon
heavy sale OF cotton goods At very satisfactory
prices. and the market has decidedly strength
ened In consequence. Though the production
in this ranch Is still somewhat less than IL
was n year ngo, the market for goods Tor cur
rent prices Is strong. In woolens there Is
substantial increase IN the demand. notwitn-
Shading the fact that several mills. each hav-
iug orders for d thousand pieces or more, have
closed the orders being not so assorted ~ TO
give them profitable employment But sales
Of wool have been the largest since September.
ls92. amounting. At tkrsc chief narke.s' 70
Sci. SO pounds. against Isl3,sOO for the same
week last year. and when IL is stated tnat many
81 nlHnr ~
Is evidence that large buying by active miiiss Is
prompted by increased orders.
In the manufacture OF boots and shoes the do
mand employs an increasing number OF nc
tories and the orders nre in numbers ABOUT ~
usual for the season. though smaller In guam
tity. Tho shipments from Boston accord-
Ing to the Shoo and Leather Reporter, show
decase of IL per cent for the week. gradual
increase in business is reported at oil centers.
not wholly coahnei to orders for Immediate
delivery.
A new compact OF the steel-rail producers
the Pennsylvania and Maryland works having
been leasei 10 others In order TO keep them
iIlc-has che ,ked the increase In purchases OF
orc AMI coal AMI other materials, and tno
Pittsburgh manufacturers are playing ho7oo
with eastern markets. though the prices modo
in that region arc so low that their continuance
cannot be predicted There Is o colslderable
increusc in the number OF concerns In opeE a.
tion Tut there docs not appear much gain In
actual consumption OF pig iron and prices
are rs low as ever 1t is statel TINY
a British purchase OF 500 tons of Alabama
coke iron has been made ut s7.s5 at mill Even
in the Pittsburgh district, where business
seems more active than elsewhere. the works
are not fully employed. md tho state OF thD
manufacture Is shown by the returns OF Con-
nellsvi!le coke furnaces. OF which 6'isS are In
operation ami HOS are idle, the output being
81 TlS tons weekly.
In minor metals the sale OF 100000 pourds
OF copper ut 91 cents by the Calumet and
Hccla has been followel by higher prices, and
lead and tin are both firmer.
The markets for produce have been irregu-
lar Wheat has advanced cent. though the
receipts have been 4.30J0)0 bushels. against
5.4OO. 90 last year and tho exports from Allan
tic ports only BO.0O bushels, against l.s)l.oO
last year The cora receipts are remarkably
lar-e amounting to 30U.0)) bushels, against
$4,000 last year, and the price has declined
cent There has been q slight decline In oil,
about u quarter of n cent in coffee and also In
hogs. and sl.5o in pork.
Cotton Is q sixteclth higher, though con-
sidcrably depressed during the week, with
receipts OF aI2OO1 bales against 23O,0 900 for same
week last year, and the belief in q short crop
does not outweigh tho fact that stocks abroad
pud at home are 3ai2OU bales. about 40 per
cent. OF full years consumption.
Money continues TO 1ccurnulatc ana Is loanou
at per cent. on call. and Us low Us per cent
on tho best commercial paper. There has
been Improvement in the market since tho
succcssful sale Of lotions. bEt the country
links prefer TO pile up their balances here 10
lie loaned ut low rates on call rather than to
buy paper lelow per cent Maturing notes
have cen met muc h better than was expected,
and throughout the country collections. though
slower than usual. show u stronger condition
Of trade than has ever teen known imrrcdi-
ately after u financial revulsion-
meeting of tho clearinghouse committee
this week gave rise 10 erroneous rumors tha.
| some bank was In trouble, the real object be-
| ing to provide for gold deposits on account Of
the associated banks. Trouble In the Bank OF
England has produced no effect OF consequence
| abroad or here. The exports continue TO ex-
| ceed imports largely. For three weeks ut New
| York exports were s3a51s.3ii, against ses.i0o.-
$50 last year. while the imports were e 93iUsS.
| against s37 l59 9I3 last year In October tho
| excess OF merchandise exports was S36.0D0Oo.
| and with allowance for undervaluation OF I'M
| ports and for interest due abroad there would
stiIl be heavy balance due this country. which
| does not appCar to have been met fy move
mcnt OF securities, rs Europe seems OF late
| 10 have been buying. rather than selling. Tho
| phenomenon probably indicates settlement OF
| commercial loans made during the period OF
panic.
| The failures this week number SS In tho
| United States against IsO last year: and ~ In
| Canada aguirst 70 last year: but the list this
| week includes some OF more than usual impcr-
| tInce For the preceding week the liabilities
| of firms falling Amounted TO Only s3.536sl2,
| a.ainst 8.TsT i65 the week hefore. but the
weekly average is far beyond wh1t 1t would bo
| In times OF prosperity.