The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-03-23
SMILING MERCHANTS
Bradstreet's Finds a Better De-
mand for Goods All Over.
Wall Street i'm the Dumps on Account OF
the SeigniOrage Bill and What
Will Be Done with 1t.

NEW YORK, March PIN it's review of
the state Of trade Bradstreets, March "a,
will say: Increased observance of good
Friday in business circles helps to check
the volume of trade. Notwithstanding
there being practically one less business
day this week than last, continued spring
like weather has further stimulated sales of
staples at nearly all larger cities in Eastern,
Middle and in some of the Western States,
comparatively fewer Southern distributing
centers reporting corresponding gains.
While Eastern wooden mills cannot meet
orders for fancy dress goods, many wooden
mills are running on part time, and large
stocks of old wool, with California
and Texas clip available within sixty days
depress prices. Print cloths are selling well
and Eastern cotton mills are active, al
though sales continue smaller than the out
put. A view of the situation is that Bos-
ton agents Of the Pittsburg iron and seel
manufacturers are firmer In their estimates.
The demand from Northwestern storekeep-
ers for millinery, clothing and hardware Is
kept up by continued fair weather and
small stocks. results being felt in improve
ment at Chicago and ST. Louis. AT the
former several one-thousand-ton orders for
coke pig iron, 1895 delivery, have been
taken, as well for steel rails at SIS, Chi
cago; but prices are hardly satisfactory.
st. Louis reports that demand for finished
iron and steel is improving, but due TO
cuts in quotations. Among more conspicu-
Gus staple products prices have advanced
for rice, cotton and Indian corn, increased
available supplies being primarily RESPONSE
BILE. Coffee and leaf tobacco remain strong
at practically unchanged figures and lower
ranges of value have been reached by sew
n
cattle and live hogs at Western markets.
by both raw and refined sugar, by wheat
oats and by mess pork.
Relatively the smallest gains in Western
mercantile and industrial circles within
the week are at Cleveland, Cincinnati and
Toledo. At Louisville staple merchandise
while at Detroit merchandise is moving
more freely and industries are better en-
Kansas CITY, with country buyers making
personal selections. Omaha reports good
weather. and good roads have stimulated
ceries and hardware, while Minneapolis, St.
Paul and Duluth agree that while there is
Of general trade remains materially below
that of q year ago.
Exports of wheat. flour included. from all
ports, both coasts of the United States and
Canada, this week Zone dap shorD amount
to 2.3i3,O00 bushels against 3.25S000 bushels
last week. 10000 bushels in the same
ago and 100000 bushels the same week
in 1891.
The continued shrinkage in total num-
Der of business failures each week Is an
other feature of the situation, the total for
the past week Zone day shorD numbering
1871, against 2S1 last week. 202 In the same
week q year ago, 191 two years ago and
200 in the third week OF March, 1891 Stock
speculation at New York has been narrow,
the market depending entirely on profess
sional activity the direction of which has
been constantly changing on the uncer-
tainty regarding the Presidents action on
the Bland bill. Prices, however, have held
firm and any increase in the short interest
causes rallies. London has been inactive
in view of the Eastern holidays. Sugar
stocks declined in a generally steady mar
ket on threatened opposition in the Senate
TO the protection to refined sugar. Active
stocks like Texas Pacific and Northern Pa
cific preferred have advanced. Silver is
6014c in New York. Foreign exchange was
slightly weaker a limited supply of Sc
curity bills Demand sterling, s4SS1a44 SS&4