Fair play., 1893-06-03
TRADE REVIEW.

The Condition Of business Throughout
the Country as Indicated by X. q. Dun
Co.'S Weekly Review \ Gcuerat I'M
provcment Noticeable. stimulated by -
Few Days of Good Weather business
Failures. Etc.
New IoRk, May 2S-R. q. Dun Il
Co.'S weekly review of trade, published
this morning. says:
In two ways there has been quite general int
provtmeat during the past week. Better
weather throughout most q, the country has
stimulated retail trade and the large diStrihu-
tlon OF goods has made Juhriug trade MOT,
active. Monetary anXicttcs have curiously
atated. and in many widely separated points
large loans solicited here u week or two ago -
provide for extreme emergencies IN different
cities have not been wanted and threatening
failures at various points have passed without
causing much disturbance Net The actual
conditions do not seem 10 have changed mate
really. Gold is still going out. and S2NNub
more was shipped yesterday. The treasury
reserve is again reduced below the sloo.oooM'
limit The large demand for retiiscouuts and
advances ty western and southern banks.
though considerably ahatei, has been greater
than the eastern banks could wholly meet.
There Is no definite improvement in financial
affairs abroad, aGd the prospects of q contin
ned outgo OF gold for some time 10 come
has not altered Speculative markets show
comparatively little activity. Stocks have
fallen OF TO some extent from tho rapid recov-
cry Of last week, the average being about ~
per share lower than week ago Wheat and
corn are both At Just about the same price a.
week ago, although western receipts Of wheat
In four days have been % l..s bushels. and At
lantic exports 0i6 ~. bushels and corn
ccipts have been very large with insignificant
exports. Mess pork Is .S cents higher, but
al - hoo .gsr.' and
coffee advanced half IL cent. oil declined cent.
natural decline is seen in dairy products and
potatoes. Cotton Is also an eighth lower, al
though the receipts have been smaller and the
exports larger than FOR the same week last
year. but the enormous stocks in sight are not
diminishing more than is usual at this season.
Boston reports Improvement with better
Weather in retail and better lobbiEg in dry
goods, the collections are short and steady
market for staple CuttOns. the decline having
been checked. and wUolens rather quiet, though
more demand from clothiurS is seen Other
trade has improved. The outlook for pig iron
IS better ut Pittsburgh. and some finished
products are in better demand. but prices
very low. At Cincinnati strinecncy
lessons and retail trade improves with
the weather. AT Cleveland rolled prod
ucts are in large demand, but prices weak, col
lcctions poor and money close. Indianapolis
report money tight. AT Detroit prospects are
less bright than last year. but collections have
somewhat improved. Chicago reports i'm
proycment with better weather which faVors
the farmers, but collections are still slow and
bank accommodations sparnT At Milwaukee,
manufacturers are busy and the johbing trado
greater than year ago but money is close.
AT Minneapolis the financial furry has abated,
jobhing trade and collections fair with
a good lumber trade. but small sales Of
flour. st. Paul reports seeding mostly com
pleted. fair johhng trade, but slow collections.
ST. Louis notes steady and satisfactory lobhirg
and fair collections. Bankers are extremely
conservative and much money has gone out 10
other western cities. At st Joseph the grocery
trade is good and dry goods In fair demand. At
Omaha the dry goods, groceries and hardware
trades arc good. but at Denver bad weather
makes trade quiet. Business at Nashville is
improving. but at other points at the south
business is quiet and nearly all collections aro
slow and money somewhat close. Mobile re-
ports large shipment OF early vegetables. and
New Orleans bright outlook in building
trades though the breaking of levecs will seri-
ously affect northern Louisiana. Imports arc
still large. for three weeks in May exceeding
las, years by nearly ~. 900 600 hut exports have
somewhat increased and for three weeks show
a slight gain. Money call is cheap and
abundant and loans on time for commercial
needs made with some difficulty and spar
ingly.
The business failures during the past seven
days number for the United States $50: Can
ada. "A: total. 273, as compared with 26 last
week and 30 the week previous to the last.
For the corresponding week Of last year tho
figures were i9S.