St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-03-10
MOVEMENT IN BUSINESS.
EHPR0YEDBEMAHD FOR RETAIL GOODS
LENDING CITIES.
GOOD REPORTS FROM WEST


e PauI-The Conditions at Kan |
"a sas City, Omaha and Milwau-
kee-RaiIroad Earnings Show |
Loss Iron and Wheat
NEW YORK. March 9-Bradstreet's |
tomorrow will say: The comparatively |
less favorable report as to the vol ume |
OF sales and distribution of general |
merchandise emphasized last week re- |
mains, with some exceptions. practically |
unchanged. Bright aud warmer wealth |
er has stimulated retail lines at a num- |
Der OF cities. Eastern shoe manufact- |
erers report a slightly improved de- |
nand, and at number of iarger dis |
trlbuting ceRters joDbers in groceries, |
dry goods, hardware. hats, shoes and |
millinery report steadily maintained !
inquiry, yet. with exceptions, numerous |
orders for small amounts for immediate
wants continue the rule. Favorable |
trade conditions center at Chicago and |
ST. Louis, the former reporting the best
weeks sale of dry goods for months,
bringing the total for the year into favor
able comparison with that in the like
portion of last year. Jobbers in hats.
millinery and dry goods at St Louis also
report continued Improvement. with a
favorable comparison thus far during
the year with last year. Milwaukee
bankers report increased demand for
accommodation, and other evidences of
improvement IN trade. while at
ST. PAUL SPRING TRADE
is in full swing. Kansas City and Omaha
make reports Which suggest a strong
underlying demand.
Gross earnings of eighty-three rail-
roads in February reported TO Brad
streets show loss OF. l2.6 per cent COM
pared with February, 1898. that being
little greater than in January. when it
was 12.4 per cent less than in that month
the year before. Southern and South
western roads present heavier proper
tiOuate losses. granger lines doing better
than in January. While wheat. Indian
corn and oats advanced Lie. 1c and s%c
in price, respectively. this week, and
cotton and sugar remained unchanged,
domestic fieeces have agaiE been
shaded, cutting Australian woods out Of
INT 81 CO1pCLlllOA dS ~
price is concerned.
Pig and shaped iron, steel billets and
rails and iron ore have also been
shaded again. in some instances making
new low records: and pork has gone OF
p cents and lard Is cents Chicago ad-
yises that loans of national banks there
have increased s., 600. 900. and total de-
posts Sl3 600. 900 since December.
BradStreet's cabled and teiegraphed
reports of available wheat stocks III the
United States and Canada. afioat and in
Europe ana Australia. show net de-
cline for last week of 4,700.U00 bushels.
EXPORTS OF WHEAT
flour ineluded), both coasts. United
States and Canada, amount TO 2,S5l. 900
bushels this week, against 2.972. 900
bushels last week. 2, S94, 900 bushels in
the week year ago, and s, 754, 900 BUSH
els in the week two Years ago. There
are l4,0o0 barrels of flour included,
shipped from San Francisco toVladivos-
took. There are only 223 business fail
ureS reported throughout the country
within the week. against 272 last week;
e2l in the same week year ago, and
25l two years ago. Trade in merchan-
disc lines at PittSburg is further Ie-
stricted; collections are unsatisfactory,
and manufacturers OF iron, steel aud
glass CLAIM. that little or no profit re-
suits from sales at present prices. At
Cincinnati manufacturers do not report
all Improvement, although some joDbers
do. A fair trade is experienced in a
few lines at Cleveland. although better
outlook in manufacturing lines is an
nounced at Louisville, Detroit and IN
dianapoiis. There is more inquiry for
lumber al Minneapolis. ana the produc-
ton OF flour is increasing. Increased
activity is also reported from Duluth
ana Portland, Or. Business at Nash
vile Is smaller than year ago. Mem
phis reports moderate gains in sales OF
plantation supplies, hardware and dry
goods. At Toronto trade is quiet, the
mild weather not helping as much as
expected, although prospects are favor
able.
BRADSTREET'S FINANCIAL
Review tomorrow will say: An excited
speculation IN Sugar has constituted the
chief. though not the oyersnadowing
feature of the past week. The move
ments of that stock have been OF all er-
ratio character, and have naturally af.
fected the general disposition of the
market, this being the more apparent
because OF the general interest excited
by the prospects of The tariff legislation.
upon which quotations for the leading
market. however, has exhibited a de-
clded improvements respect to activity
III the railroad share list, and the char
acter OF the participation on which this
interest has been based. The declara-
ton or the regular 2-per-eent dividend
upon the stock or the St Paul railway,
though anticipated and discounted by
The advance III that stock, as we'll as
III others Of the granger group. seems
10 have awakened a certain de-
gree OF confidence in the future
or railway shares. 1t is true that
the trading in all department
OF the market is mainly professional, and
the advances have teen largely the
work or organized bull pools. London
mas continued to take little or no part,
and 1t would seem that between the
uncertainty III regard TO the tariff and
the temperance of the silver question
involved IN the action OF congress upon
the Bland seignioraye bill there is little
prospect at the moment for the assertion
OF any healthy European speculative
interest IN this market. There has,
nevertheless, been considerable ln-
crease OF business through commission
houses, which. as usual III such cases.
mas been directed to Duying. The prob
Dlilfy of gold shipments has had but
little influence: such minor incidents
as the announcement that the Erie re-
organization plan will now be made
operative seeming 10 be disregaTded.
The market on Friday was firm and
lrreguiarly higher on the absence of
gold engagements aud tine renewed ad-
vanclng tendency Of Sugar.
Il ~ Ly. q