The Providence news. (Providence [R.I.]) 1891-1906, 1894-03-17
TRADE 4 LITTLE BETTER.
But the Most of the Improve
mentIs in Southern States.
INDUSTRIAL STATES AFFECTED
Stlll by the Paralyzing Effects Of the
Industry wrccking Tariff BilI-NIills
Running Simply I'm Obedience 20
Orders-Notes ON Business Situation.

NEW YORK, March 17.--Bradstreet's
today says: The unusual prolongation OF
mild spring-like weather during the early
portion of March has greatly stimulated
consumptive demand in almost all stapl,
lines. Corroboration Of this Is found in
almost unanimous reports of increased
sales from six OF the larger distributing
points in the New England and middle
states, where general trade has heretofore
been reported barely steady.
More sales in general lines are reported
from Boston, with special activity in lum-
Der and building materials.
Providence manufacturers of cotton
yarns report an Improvement in the de-
mand, and woolen mills in northern
Rhode Island are starting up on heavy
weight clothes.
Philadelphia merchants report an i'm
proving outlook for dealings with the
west and south and gains In sales of
shoes. Increased distribution Of woolens
has been at q sacrifice in price.
AT Pittsburg. Chicago and other iron
centers, competition has further reduced
prices for shaped as well as raw iron and
steel.
The most striking evidence of improve
ment south is from Augusta, where
all mills are running on full time, and
the demand for cotton goods has in
creased, although improved crop pros
poets in Texas, tributary to Dallas, to-
gether with increased immigration, have
stimulated sales as compared with Febru-
ary. and prices of real estate.
The stimulated demand for wholesale
dry goods results in an oversale of ging-
4. 4 A IL II
though it has taken concessions on some
cotton goods to move them.
The Cereal Crops.
If to the government report of 114,00
600 bushels of wheat in farmers hand
may be added III, ,000, 900 bush.tz of wheat
out of farmers hands. the resulting 231,-
000, 900 bushels will supply food and seed
for four months to come, reserve on
July 1, next, of 40, 900. 900 bushels, and, IL
required, 100000 bushels q month for
export, which Is more than will be de-
manded.
Exports of wheat. -four, including both
coasts of the United States and Canada
this week, equal 3.25s 900 bushels. against
2,S5l, 900 bushels last week, 1855, 900 BUSH
els in the week year ago. 3.s1S,00 BUSH
els in the week in 1892, and as compared
with 2, s33, 600 bushels in the week in 1891
Trade at Montreal Is quiet and is ex-
pected to remain so until after navigation
opens few weeks hence. Jobbers report
demand for groceries aud shoes most
active.
Halifax advices are that an early
spring trade is indicated. At Toronto
the business situation is featureless. The
volume OF bank clearings at Hamilton,
Halifax, Montreal and Toronto is 7,649,-
600 this week, fraction of l per cent less
than in the week before and IL per cent
less than in the corresponding week q
year ago.
Exports of produce are 40 per cent above
and imports 80 per cent below last years
for the month thus far.
The Failures.
Failures for the first week of March
were few, with liabilities thus far reported
of only $2.025, ,33S, OF which $780, 2S4 were
of manufacturing and 81, l6i,270 of trad
ing concerns. Owing to large deferred
statements. received too late for use last
week. the aggregate of liabilities for
February has been raised to $l7, 1906, ,670.
The numbe of failures this week is 264 in
the United States against 100 last year,
and 50 in Canada against 80 last year.
The absence of important embarrass-