St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-03-03
BRADsTREMT's REVIEW.
Business Situation Throughout
the Northwest

tnc NOrtnWcSC.
New YORK, March 2.-Bradstreet's
tomorrow will say: Storms and cold
weather South ami Southwest have
checked the course of business this
week, while West and Northwest
brighter weather has had an opposite
effect. No better illustration of the
necessarily hating and irregular move
ment of the volume of business at the
beginning of the improvement may be
found than the record of the week, with
its decreased volume of trade and re-
newed unfavorable reports from the
South and the Pacific coast in contrast
with the more cheerful tone and III
creased sales at important cities in the
Ohio and Mississippi river valleys and
in the Northwest. Thus, while adj
vices from Providence. Philadel-
phia, Baltimore, Cincinnati, Nash
vile, Birmingham, Galveston and
San Francisco are less inclined than in
late weeks to regard the situation hope
fully, those from Buffalo, indianapolis,
Louisville. Memphis. Mobile, Chicago,
st. Louis. Kansas City. Omaha. Mil
waukee, st. Paul and Duluth all report
evidence of distinct Improvement. The
ter and worse. There are thirty re-
sumptions OF factories reported, con-
trasted with two shut-downs; wages
have been reduced at thirteen estab-
lishments, and fifteen strikes are an
nounced. The latter is a feature,
noticeably at Paterson, n. j., where
1000 silk weavers have struck for
higher wages at time when thousands
are still receiving aid from the
CITIZENS RELIEF COMMITTEE.
The general tendency of prices con-
tinues downward, leading staples show
ing all advance being coffee, sc, and
cattle and hogs, loo per cwt. Some
varieties of leather have sold lower;
coal is Off Csc ton in New England;
wheat is down sc; corn. Ne: oats, re;
cotton, sc; sugar, Nc: pork, 25c BAR
rel, and lard &c pound. AS compared
with prices one year ago those for print
cloths and lard are 40 per lower at this
time, steel billets and pork 30 per cent
lower. flour, wheat and corn 20 per
cent lower, while decreases within
year in prices of wool are % per cent,
iron ID per cent, cotton 12 per cent,
sugar per cent and coffee per cent.
Quotations. Tor oats and for cheese are
practically unchanged compared with
one year ago. while those for butter and
petroleum are higher. Exports of wheat
from the United States and Canada,
both coasts flour includedD equal 1884,
600 bushels, against l,730,000 bushels
last week, 3,251. 900 bushels in the week
a year ago, and 2,90S, 600 bushels in the
week two years a 70. The extraordinary
increase of 1852 600 bushels OF wheat
IN CT trr nd in loo
week reported by cable exclusively
to Bradstreets was due to increases
in quantity afloat for the United King
dom. and in stocks at Odessa and In
France. Total stocks of wheat here,
in Canada, afioat for and in Europe
increased $4,000 bushels last month,
comparing with all increase OF $4,000
bushels in February last year, but con-
trasting with a decrease of 9,693.600
bushels in February, 1892, and heavy
decreases in that month in
THREE PRECEDING YEARS.
There are only 272 business failures
reported in the United States, compared
with 235 a week ago, PIT in the week
ar ago and PAT two years ago, lndicat-
in: business embarraSsmentS have
ached normal level much earlier in
me year following severe panic than
had been supposed possible. At Chicago
the volume of dry goods sales is larger.
There are more buyers there, and in
creased demand is reflected in sales of
cotton dress goods, shoes, rubbers.
clothing and leather. At st. Louis
Like influences have stimulated the
distribution of dry goods, hats and
clothing. while Kansas City and Omaha
Jobbers make corresponding reports,
the demand for light hardware and
agricultural implements being specified
at these points. Moderate gains are
announced from Milwaukee and Du-
luth, while st. Paul jobbers report tile
most cheerful business this week for
months, with more country buyers
present and larger volume Of sales of
dry goods, hats, millinery and hard
ware. More activity is noted among
dealers in staples at Minneapolis, but
San Francisco adyices are that trade is
dull in fruit, quicksilver and wine, ow-
ing to the uncertainty of tariff changes.
AT Toronto wholesale trade is fair. the
feature being millinery openings
largely attended by retail dealers
throughout the province. At Montreal
the dry goods trade has moderate pro-
portions, and there also millinery job
bers have had spring openings.