Birmingham age-herald., 1895-03-16
WEEKLY REVIEW OF TRADE. Bradstreat and Dun Look Favor
 ably Upon the Outcome
OF PRESENT INDICATIONS
Money Markets Undisturbed and Lucre in Better Demand.
 The Iron Market.

NEW YORK, March 15.--Bradstreet' to- morrow will say: There are fewer new and favorable trade features this week than unfavorabie ones, but in most instances they outweigh the latter, which point to a contiuuaucs of the small volume of busi- ness and quiet demand. Unfavorabie weather, which has served to check de- mands so many weeks, continues 10 make itself felt south and in many parts of the west. The coal miners strike and labo d faculties at New Orleans have served to cut into business at points dependent upon those centers of disturbance. Not tue least unfavorable influence in staple lines has been that of bad roads, the effect Of which is plain from Nova Scotia to Texas.
 In addi ton to increased competition here by Australian wools, demand for the raw staple has fallen off and word is received that American dress goods manufacturers are using considerable Australian mixed with the American staple. The dry goods trade continues depressed, production be- ing in excess of demand, cotton goods being moved generally only at concessions.
 In the south, Atlanta, New Orleans and Galveston alone report evidences of gain, modified at the first point by rain and at the second by labor riots. The phosphates market is more active at Charleston, that stores at Savannah. In other respects southern trade is quiet and in instances un- satisfactory.
 DUN'S REVIEW.
 NEW YORK, March 15.-R. G. Dun & Co. s weekly review of trade tomorrow will say: Substantially all indications of the state of business are rather more favorable. Farm products are little higher, railroad earnings a shade better, clearing house ex- changes small per centage larger in com. parlson with two years ago than in Feb- ruary, and most of the industries show a somewhat better front, though there gain is not large. Money markets continue un- disturbed, the operations of the syndicate stil prevent exports of gold, and with : drawals from the treasury have oflate prac- tically ceased.
 There is not much enthusiasm about the situation, however, because the gain IS slow and business is yet long way from what was once considered prosperous condition. Further, the gain is ip some cases due to obviously temporary; causes, and in some to causes which do not make prosperity. The volume of payments through clearing houses for the week is 5.7 per cent larger than last year, but 26 g per cent less than in 1893. Imports are just -pow running little smaller than in Feb ruary, while domestic imports for two weeks from New York show decrease compared with last year of II per cent. .
 Money is in better demand; market hard ems as usual before April and much more commercial paper is offered. though partly to meet large maturlties this month. The west is drawing from it's balances here and. there have been considerable sales of stock on foreign accounts, but not enough to dis turb an exchange market otherwise stag nant.
 The output of pig Iron March 1 was 156,- 979 tons, decrease eince February of 6412 tons weekly, and the increase of un- sold stock was 52 .900 tons in February, or 13, ,225 weekly. Since January the weekly output has decreased Il ,435 tons, and the accumulation of unsold stock has been 125, ,515 tons.
 Prices do not rise, and except at Chicago there seems to be no general increase of demand. There improvement is observed in nearly all parts of the industry, particu- larly in materials for agricultural imple- ment works, and at Pittsburg the demand for structural forms continues large. But for the great number of new buildings that are climbing toward the sky all over the coun- try the condition of the industry would be much less favorable. Ressemer pig is weaker at Pittsburg, and while the demand for bar improved, it falls short of the supply. Sheets are active and also wire rods, without change in price. At Phila- deiphia prices are not hrmer, nor Is the demand larger, and-reports of coming ad- vance in coke and ore do not stimulate
 Liabilities thus far reported in failures for the first week of March amount to $1 ,6S3 ,052, against $3 ,276, ,292 last year; in manufactories $7S5, ,396, against $973, ,570 last year. The final returns for February make the aggregate s11,4i4,s74, against
 Failures for the week have been 266 in the United States, against 264 last year, and fifty-seven iu Canada, against fifty five last year. d
 On ocean, lake and river, thegreat steam CTS are invariably supplied with Dr. Prices Baking Powder.