Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1894-04-02
OUTLOOK is BETTER.
Improvement in Business Re.
ported by Dun & Co.
CREDIT GIVEN TO THE LATEST VETO

For a More Active Tone in the Markets
Wheat Closes Two Cents Higher for the
Week, but PriSrs No Better Generally
Except in Spccui i've Dealings-A Hope
ful Sign Noted ty Observation-Disclosures,
for the Week.
NEW YORK, Apr il 2.-R G. Dun e.
Co.'S Weekly Review of Trade says: The
more active tone in business this week is
in part due to the belief that no disturb
ance of the currency yill be permitted,
bat other causes helped to forward i'm
provement. Slowly, yet perceptibly, the
force at work increases The approach of
spring compels the dealers to replenish
stocks, and the aggregate of orders, if
smaller than usual at this season, is dis
tinctly larger than in January or Febru.
AIRY. Except in speculative market prices
do not recover, and IN some instances
have gone lower, but the absence of sensa-
tional records inspires hope that the bot
tom may have been reached. Business.
though small, is exceptionally cautious
aud safe and its slow gain is mere encour.
aging than "A heavy Expansion.
Wheat and Corn.
Wheat rose briskly with reports, due
every year about April /, that great in
jury has been sustained. Later accounts
were better and prices fell, closing 2cents
higher for the week. Wes tern receipts for
four weeks have been only {. s29, ,0g3 bush
els, against II ,522, ,T45 last year, but cx-
ports are small Corn receipts for four
weeks have been I2, %, rs bushels. against
1885, lis bushels last year, so that the ton
mage of the two grains taken to-
gether is as large as n wear ago.
Pork products have sharply advanced.
though corn has gained but little,
Cotton has advanced IS the weekly move
ment being more favorable to holders,
though 100000 bales have already come
INTO sight in excess of the entire crop, ac-
cordIng to some so-called vestiCations
Failures for the week number 23S in the
United States, against I66 last year; and
30 in Canada, against 2S last year. The
liabilities of three weeks of March thus
far reported have been : O.6Gl ,99l, of which
s4.6as, lis were of manufacturing and 81
223,U'2 of trading concerns. The returns
50 tar indicate smaller aggregate for
March than for February.
Bradstreet's Financial Review.
Bradstreet's financial review saws. The
revival of interest and activity in the
American department of the London mar
ket Is regarded as one of the most hopeful
indications That have yet appeared.
symptoms of such developments have been
noted for some time past, the plethora of
money at London and the continental
financial centers, com bined with the
dearth OF acceptable Investments, making
such IA result almost III evitable The inn
preston abroad has been that American
bonds and railroad stocks Of the
better class have been undoubtedly de-
pressed, while among them were to be
found many issues which afforded n sub
stantial basis for profitable investment
and speculation. The failure OF our own
public or of professional operators to re
spond to this movement in the foreign
markets, however, has been noteworthy.
a bearlsh element was supplied by the
severe weather in the west, the rise in
wheat furnishing evidence of probable
damage to the crops, while railroad earn
1nSs reports for February, notably those
OF the burlington, seemed sufficient to
moderate any speculative discountinC of
the improvement in business and railroad
traffic.