The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1895-03-28
THE WORLD OF BUSINESS
pRADsTREET'S AND DUN's 81
NANCIAL AND CONNER
CIAL REVIEWS.
THE UPWARD TENDENCY OF rhE
COTTON MARKET
Wac tbo Feature of the Week-lmproVe-
ment in General Trade is More
Marked-Corn and Cattle Have
Advanced in Price

New York, March 22.-BradStree'
10 morrow will say:
Imnroyement in general trade Is hor'
marked but not general. 1t IS more eon
,r;crors ot larger New England points
notably Boston and Providence, at Ne"
YORK Pittsburg, Cincinnati, LouiSVihe
and other centers along the Ohio river
galley TO st. Louis and as far west d.
Kansas City. Similar reports come from
Chicago, Milwaukee and St RAUL .ne
first named announcing that Silaiiei
Quantities of 4 per cent money are peine
offered. the banks working steadily W
ward a per cent basis. Demand lor
GOOD loans continues 10 improve anu IT.
serves are larger than for Il year past
From other cities better feeling Is re-
oorted, based on the recently developer
s+ronptb in cotton, wheat and flour Inc
widespread prevalence OF the INJURY
whether this upward movement is the De
ginning of u permanent recovery from inc
two wears of depression is itself sighih-
cant.
While among important price move
ments there are reactions for wheat, oatS
and lard from the advance of last week.
this was TO be expected as the outcome Vi
n selling movement 10 take profits, en-
phasized by favorable crop reports from
abroad. Quotations for anlhracite goai
have been demoralized and there is niue
Al. fhnGn
desire TO have prices higher and steady.
Eggs continue the decline of IL week ago,
and live hogs at some western points
are Be lower. Jobbers of ginghams nave
closed out their stock in some cases ny
cut prices, but these recovered ABOUT an
the noteworthy declines in prices. wool
remains unchanged. although the volume
of business is smaller, because 1t IS pc
tween seasons, with dress goods mills
and Australian woods more popular. NO
change in quotations are noted Tor conee'
sugar or naval stores.
On the other hand cotton has jumped
up 5-16c, corn is lie higher, ana DuIIer
has scored another advance. On the Ia
cjfic coast lumber is higher and advahc-
ing, and at central western markets
leather is up 1c per pound, and car skin
a 10 + cents per foil. Live cattle nave
Also ulNNllttu as iato NOh'B ''''Nb
in connection with increased wages paid
IRON and steel workers Mt Pittsburg, IN
dicates an advance for Bessemer pig
iron and bllets Increased firmnes Is ro-
ported in some varieties OF cotton goods
due to the advance in cotton. some varie-
ties having been marked up l-Sc by man
ufacturers.
Exports Of wheat, including Hour as
wheat, from both coasts, equal 2,99S,oo
bushels this week, or 900 more thah
last week more than 100000 bushels this
week in excess of quantity shipped abroad
in the third week Of March, 1874, and
more than 100000 in excess OF the total
in the like week Of 1893. The increase,
as compared with the corresponding pc
riod of 1892, is about 100000 bushels,
and with 1891 more than 100000 bush
els. Thus, for the first time in many
months the exports of wheat and flour
have been in excess Of corresponding to-
tails of four proceeding years.
Wholesale trade has improved at To-
ronto, with jobbers of dry goods and hard
ware; the grain market is strong.