The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1894-04-21
BUSINESS REVIEW.

according TO Is u. Dun q So., thr DuSh
ness improvement Heretofore Noted
is Becoming Less Distinct, Though
Hopes are Built on the More Favorable
Crop Reports-Renewal OF Gold Exports
the Occasion of Some Disqu.etude-
Business Failures, Etc.
NFw YORK, April f4.-R. @. Dun 4
Co. S weekly review Of trade; issued to-
day, says:
Business improvement meets many ocsr'
cles, and is scarcely Us distinct as 1t has been
in recent weeks Strikes have checked the i'm
ptosement IN building and other trades. AMI
scarcity Of coke has CAUSED the closing OF some
IRON works. while strike Of all tile b'tuu'i
hOu5 c.ai sHTke-s & ordered and may prove
serious. More favorable crop renorts than.
were expected, which justify larger hope TOT
next fall, have arrested the upward tendency
IN prices OF products. The renewal of gold ex-
ports occasions disguetude. But the gradual
exhaustion OF goods in the hands Of dealers
tr5kes the consumption of the people more us
tInctly felt, and appaI larger and this de-
mand increases with the gain n EdT-ber M
hands at work. 1t cannot be said that uncer-
tAinty as TO the future has materially dimin-
ished but there is an evidently growing i'm
preston that there will be no important leyis-
iatiou on tho currency or the tariff. The in
preston. whether erroneous or not influences
'he actor OF many, The proposal to remove
the tax on isSIics oi stale hanks Il not by many
thought likely to prevail On the whole, though
progress is still obs:ructed By uncertainty, 1t
has not been arrested.
The output of pig iron April was le6,73e
tons weekly, against llO.l6i March |, a gain
which il the more encouraging because unsold
stocks decreased 10 S65 tons. The actual con
sumption thus Indicated, about l2)i0 tons. ia
only third smaller than year ago; but
some furnaces and works have been stopped
since April / on account OF tho strike OF
ConuellsriIie cole workers wlIich.1 saiu bears
fruit In bloodshed ami des.TuctiG3 Of
property. Several large sales Of Bessemer
ii5n are reported at sf0 g at Pittsburgh. and
considerable sales OF 20. foundry at ~ there.
while much improvement Is seen III The bust
ness at the east At Chicago the trade has
iai,Gn c" or account OF the strike in the building
trades. Tin has bell Sc.'ve In speculation
without much change. and copper re.lf' 'n
small demand for consumption. but the de-
structiop CT works said to produce SO tons OF
ipsd weekly has raised the price to 3.5 certs.
New WOO: h..s be.:'r "a come forward and as
the yield is expected to he EICatl~ rFdu@ed
prices are slightly firmer with large purchases
for speculation. AT the three chief markets
sales were I .t5s so pounds against 3S'D.5SO the
same week last year. and stocks available are
comparatively scanty hut quotations are no
higher striking increase is noted In the de-
uiand for falI dress goods, but in mems woolens
there is no improvement OF demand for heavy
weights aud orders for spring goods have been
reduced, though easy terms are offered Tho
tone Of the dry goods market on the whole is
i"ss assuring. buyers are few, and mail orders
are falling OF and there Il a shade Of weakness
in some coiton5i with less success in stimu-
lating trade by low prices.
The boot and shoe trade continues Ga I'M
prove. n larger proportion of the factories hav-
ing orders for snmr time to come. though pro-
duCcrs OF the better grades o! FOODS find cont
pIrativcly little to do shipments from Boz
ton weTo Gi, itl cases for the week, against IL
7O0 last year, i decrease OF 10 per cent.
The government rcpoI: tcr April indicated
much less damage to wheat than spectators
lad expected, so that prices declined rapidly
for the week Il: cents II IS officially sug
gested that the extent of injury since April
IS not yet known, bu: Atlantic exports have
been only 350.si0 bushels. against 5,6Sl for
the same week last year: while western re-
ceipts have been a0,3751 bushels, against
2Stlj lis last year. Corn has declined half
cent Western receipts being still far in ex-
cess Of last years.
Pork and lard are shade higher, and oil
has been hols,cd hy manipulation. Cotton has
declined again TO 1.69 cents European spin
ncrs having grown tired of the usual stories
about exhaustion Of supplies and reduction OF
acreage. Receipts from plantations are about
week have uesn very small.
Intense dullness in the stock market az.
gusts brokers. though industrial stocks have
been marked up easily 30 cents per share
Railway stocks average Is cents lower and
railroad earnings do not yet reflect the heavy
gain in tonnage, falling behind last years
about as much as in March. Neither do clear
in2hOuse payments indicate much hetterment,
but for the second week OF April are 26 Q per
cent. smaller than last year. against la5 per
cent the first week. The fact that prices still
average Ill per cent. lower than a year ago.
while explaining part OF the decrease in the
volume or business, also suggests the narrow
ness OF It's profits.
The money market has changed very little,
but SiO0n0l gold goes to Paris to-day to pur-
chase Spanish coin to be paid for Cuban sugar
Rad exports of merchandise have fallen below
last years. Treasury receipts for customs in
April are - per cent less than last year. with
internal receipts somewhat smaller
The treas lry deficit has been s2,OOJ.O11for the
month thus far besides interest payments in
dicating Il deficit of $1,000 OUO for the month.
Bankers deny reports that further hOnd issues
are Under discussion but gold exports with de-
fcient receipts may quickly change the sitCS-
tion. No improvement is seen in commercial
loans. and the large increase reported by banks
is mainly due 10 stock transactions. The most
cheering news is the decrease in the import
ancc OF commercial failures, for though one
mortgage loan concern has failed with liIbili-
ties Of 81 5o10D the liabilities in all CONNER
mercial failures for the first week OF April
were only -. 1870, 500 of which SS0O561 were Of
manufacturing. and sizes .2i1 OF trading con
Germs
The failures during the week number als
In the United States, against Isl last year;
and "a in Canada. against - last year.