Oxford eagle., 1895-03-21
oUs's COMMERCIAL REVIEW.

q n~tt~r Ss~-sax IN An sr..<h~- ss Tr.a.
Afsh~axh the Imp~-s~u.~.s 4. ss.-. -.a
Net To - Compares wtth ts~ Fr~-p~rg..
ftHs-- Of I've Year. Aes-A f~-fta< Of
cssaa~~e~ ssrss~.lly R~ssr-a.x.
NV IoEx. March IL r. a. Dua &
Co. : weekly review Of trade. issued to-
day. says:
Substantially all Indications Of the
state Of business are rather more "a
vorable. Farm Prssiaets are = little
higher. railroad earnings q shade bet
ter. clearinghouse exchanges a small
percentage larger in cprnpsrison with
two years ago than in February. and
most of the industries show = som..-
what better front. though their gain
II not large Money markets eontinae
undisturbed. the operations of the
syndiate still prevent exports Of
treasury have OF late practically
ceased There s not much
enthusiasm about the situation, how
ever. because the gain Is slsw, and
business il yet a long way from what
was once considered = prosperous con-
ditiou Further. the gain is In sosne
eases due to obviously Temporary
causes. and in some to causes which do
not make for prosperity.
The higher price of cotton, which
has risen to s0s cents. results from be-
lief that the acreage this year will he
greatly reduced The quantity OF
American new in sight. in this eoun-
try and in Europ~. II about 4. too. go
bales. 5oo.0n0 larger than in ls9e. after
a crop exceeding 5000. .Ooo9 bales. and
about as much more than half the
greatest consumption ever known of
American in a year
Wheat has arisen II cents because
government reports only 5000 .eoo
bushels in farmers hands March l.
though practically nobody in the trade
thinks the estimate correct. and the
accepted estimates are abou, 50. ocp. eoc
bushels higher Western receipts
have again risen above AID exportS
continue below last years Corn has
risen cent following wheat; pork.
81. = per barrel. and hogs 10 and lard
% cents per ioo pounds
Railroad earnings for March compare
eIN~rA EAe8 A&TN Nf4A : NsAAA AataFF N&HNN
in February. when storms blocked
traffic. but are per cent smaller than
in ls91 The complete earnings for
February are Ia pr cent less than
last year. and ISL per eept less thas
in is9a East-bound tonnage for two
weeks has been HAZE tons against
iS4. .0o5 last year. and les. eco in lea
The volume of payments through
clearinghouse for the week i s. per
cent larger thaa last year. but - .
per cent less than in Is9l
iSaPorts are jus, now running lit
tie smaller than in February. while
domestic exports f.r two weeks from
New York show decrease compared
with last wear of II PER eeni
The oasput Of psg March was iSc. :
gsg tons. a decrease siaee February 1
of s.sie tons weekly. and the increase
OF unsold stock was $500 tons in Feb
ruzry. o. i3.$eS weekly S5nce Janu
ary l the weekly oatput has decreased
Las tons. and the accumulation of
un>old stocks has been I25.sIS tons
Prices do not rise. and except at Chi
eago there seems to be sao general in
crease Of demand There improve
ment Is observed in nearly all parts of
the industry. particularly in materials
for agricultural implement works. and
at Pittsburgh the demand for strue
tural forms continues large Bessemer
pig Is weaker At Pittsburgh. and while
demand for har improves, IL falls short
Of the supply Sheets are active. and
also wire rods. without change in
prices
The boot and shoe manufacture Is
doing better. not merely in shipments,
which show the rspidity with which
past orders for spring trade are being
filed. i59.l75 cases having been moved
in two weeks of March. against I63,-
90. in l-ss. but also in obtaining new
orders for fall at somewhat better
prices
In the cotton manufacture there are
signs of Improvement, apparently
caused by the advance in raw cotton.
giving greater confidence that present
values for goods will be maintained, so
that the fall in print cloths has been
checked. aud there is more buying of
other goods In the finer and fancy
wooden goods there IS a moderate busi-
ness. while agents for low and medium
goods are waiting for recorders. though
some have already sold enough for the
season IL no cancellations come. Sales
Of wool were 4.ss5. 30 pounds, against
5.55i,7 10 last year. and markets are
quiet without change
Money is in better demand. the mar
ket hardens as usual before April 1,
and much more commercial paper is
offered The west is drawing from its
balances here and there have been con
siderable sales of stocks on foreign ae-
count
Liabilities thus far reported in fail
ures for the first week of March
amount to 81 .6sS, 0ss. against 81 27s sc
last year. in manufactures s.s5. 39s.
against sp-3. SO last year. and in trad
ing sss-.Sss. against si.e54.s3s last
year. The final returns for February
make the aggregate $It.fl4. ia. agains.
ST.. -. SO last year.
Failures for the week have been 80
in the United States. against 80 last
year. and Ss in Canada. AZ linst IS last
year